A little forethought, some planning will give first time buyers opportunities in the Toronto Real Estate Market in 2011.
“Market conditions remain tight enough to support moderate growth in the average selling price. Expect the three per cent annual rate of growth reported for the first two weeks of December to be the norm in 2011,” said Jason Mercer, TREB’s Senior Manager of Market Analysis.
Are you ready to purchase? Being familiar with these initial costs: Mortgage Down Payment, Offer Deposit, Land Transfer Tax, legal fees and moving costs is great preparation.
Try out the mortgage and land transfer calculators and view other tips on my Buying a Home page or view Claire Gordon Deposit on an Offer: What? When ? How?
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