Don't Do That! First Time Homebuyer Advice

Posted by Admin Staff on January 18th, 2021

It's such an exciting time, buying your first home. The leap into homeownership is what usually marks a new chapter in life, especially for young adults. While the process is made easier by choosing a Realtor to be on your side, there are still some mistakes that are made by adventurous first time buyers. In order to help you better, we've come up with 4 tips that will help you avoid making mistakes - based off of common regrets of first time home buyers, and admittedly, personal mistakes we made in our home buying youth!

1) Don't Assume You'll Be Here Forever

A study completed 6 years ago by the Canadian Association of Accredited Mortgage Professionals (CAAMP) estimated that the average Canadian will own 4.5 to 5.5 homes in their…

775 Views, 0 Comments

The Initial Costs of Home Ownership

Posted by Admin Staff on July 28th, 2020

Listed below is a basic overview of some of the costs that may or may not come up in your particular situation when you purchase a home here in Saskatchewan. These costs are approximations only and are subject to change. They serve to help you plan as a homeowner or potential homeowner. When you do decide to buy a home, you'll discuss your personal situation with your Century 21 Realtor and go over the exact costs.

 

 

A down payment is the lump sum of money that your lender expects you to put into your purchase at the start. Typically, between 5% and 20% of the purchase price. Traditionally, the rule was always 20%. This amount has changed over the years, since homes and the cost of living have drastically gone up in price. A majority of folks…

751 Views, 0 Comments