Homebuyer's School

In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss new information about the First Time Home Buyer Incentive Program from the Canada Housing Mortgage Corporation (CMHC). We discuss who can apply, impact on the mortgage stress test, down payment requirements and how it affects mortgage insurance. We also go through an example of how the Incentive Program works and if it actually makes buying a home for the first time easier.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/update-cmhc-first-time-home-buyer-incentive-program

 We discuss the following items: 

• New information about CMHC's First Time Home Buyer Incentive Program and if it makes first time home buying easier
• Who can apply?
• When does it start and for how long?
• Impacts on the Stress Test
• Down payment requirements
• Do you still require mortgage insurance if you use the program?
• We also walk through an example of how the program works

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Thinking about downsizing your home? How do you know if and when you should start? In this episode, we talk with Kevin French, Realtor with Remax, and discuss why would you want to downsize your home, how to start and when is the best time. We also explore if you should downsize your home to pay off debt and the impact of downsizing on your home equity. 

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/what-homeowners-ought-to-know-about-downsizing-your-home-tips-strategies-and-when-to-do-it

 We discuss the following items: 

• Why you would want to downsize your home including:
  • When and how to start the downsizing process
• If you should downsize to pay off debt
• What are the impacts of downsizing and home equity

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Planning to buy a condo? Want to know the exact steps from pre-approval to possession. In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, we discuss how to buy a condo for the first time including a step by step guide. We also explore different types of condos, buying resale condos and downsizing to a condo. 

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/step-by-step-guide-on-how-to-buy-a-condo-for-the-first-time

 We discuss the following items: 

• How to buy a condo for the first time including a step by step guide
• Considering different condo types
• Buying a resale condo
• Is a condo a good first home?
• Downsizing to a condo

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Not sure if your first home purchase should be to live in or as an investment property? In this episode, we talk with Kevin French, a Remax realtor, and discuss the pros and cons of buying a home as an investment property as well as explore the financial implications of moving into your investment property.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/what-first-time-home-buyers-need-to-know-about-buying-an-investment-property

 We discuss the following items: 

• Buying your first home as an investment property
• Pros and cons of buying an investment property
• What are the implications of living in your investment property?

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Wondering if now is the best time to get into the real estate market? In this episode, we talk with Kevin French, a Remax realtor, and discuss the housing and real estate trends for 2019 and beyond. We explore trends for mortgage rates, home types, if 2019 is still a good year to buy a home and expectations into the fall market. 

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-alberta-and-canada-real-estate-trends-for-2019

 We discuss the following items: 

• What to look for when viewing a house for sale
• Key details to review that could be hidden by marketing or home preparation
• Reviewing a home's exterior
• How to prepare before viewing a home
• How long a viewing should last for (first, second or even third viewing)

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

When viewing a show home or a resale home what should you look for? How should you prepare? In this episode, we talk with Kevin French, a Remax realtor, and discuss what to look for when viewing a home for sale including key items that may be hidden by marketing or home preparation. We also explore how long your viewings should last, how to prepare before visiting the home and how to review the home's exterior.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/what-to-look-for-when-viewing-a-house-for-sale

 We discuss the following items: 

• What to look for when viewing a house for sale
• Key details to review that could be hidden by marketing or home preparation
• Reviewing a home's exterior
• How to prepare before viewing a home
• How long a viewing should last for (first, second or even third viewing)

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Podcoin

So you're ready to buy a home but how do you prepare? Who do you talk to and what do you need to get ready? In this episode, we talk with Kevin French, a Remax realtor, and discuss discuss preparing and getting ready to buy your first home. We explore what research you need to do and who you need to work with. We also look at things NOT to do, especially when buying a brand new home.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/how-to-prepare-to-buy-your-first-house

 We discuss the following items: 

• How to prepare and get ready for buying a home for the first time
• What research do you need to do and who do you need to work with
• What are somethings NOT to do

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Podcoin

So how do you make sure you get the absolutely best deal when buying a home? In this episode, we talk with Kevin French, a Remax realtor, and discuss how to get the best deal on your next home purchase. We look at shopping for mortgage rates, understanding the market and how to negotiate when buying. We also explore key elements that impact getting the best deal such your savings, home type, upgrades, and timeframe to purchase.

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/how-to-get-the-best-deal-when-buying-a-house

 We discuss the following items: 

• How to get the best deal when buying a home including:
  • Shopping for the best mortgage rates
  • Understanding the market
  • How to negotiate when buying
• How your savings, timeframe to purchase and basement options can impact the deal you are getting
• How to negotiate for home upgrades and the closing costs

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

Worried about making a mistake with one of the largest purchases in your lifetime? What can you do to avoid them? In this episode, we talk with Kevin French, a Remax realtor, and we discuss the top five mistakes when buying your first home and how to avoid them. We look at pricing and financing mistakes as well as how much research should you do in addition to relying on trusted advisors, such as a real estate agent. 

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/how-to-avoid-the-five-biggest-first-time-home-buyer-mistakes

 We discuss the following items: 

• What are the top mistakes first time home buyers make when buying a home?
• Top financing and home pricing mistakes
• How much research should you do in addition to relying on a trusted advisor, such as a realtor?

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca

What are the differences between a condo, townhome and a single-family home? What are the pros and cons of living in each home type? In this episode, we talk with Kevin French, Realtor with Remax, and discuss we look at the differences between each and the scenarios when you would buy one over the other. 

Prefer to watch the video or read and take notes? See the transcript:

https://stories.brookfieldresidential.com/homebuyersschool/condo-vs-townhouse-vs-single-family-home-what-are-the-differences

 We discuss the following items: 

• Differences between a condo, townhome and single family home
• Pros and cons of buying and living in each home type
• Scenarios when you would buy one over the other

Have any questions or show topic suggestions? Contact us:

Email:

[email protected]

Web: homebuyersschool.ca