EventsinCanada

First Time Home Buyers' Seminar Ottawa • Free

CityOttawa
CountyCanada @ (CA)
Date05/09/2019
Hours19:00
CategoriaEvents
Official Website
Facebook

Ottawa
Canada @ (CA)
Tel 2019-09-05
Categoria Events


In this presentation you will hear from local independent industry professionals. A Financial Advisor, Mortgage Broker and Real Estate Agent will cover the topics relating to their area of expertise with respect to buying a first home. These professionals will cover the following topics: • Saving for your first home and how to utilize government benefits. • Determining how much you can afford and how to get approved for a mortgage. • The home searching and buying process. More info: https://mcveighrealty.com/house-buyers/first-time-buyers/ ______________________________________________________________________________________________________ FAQs covered in this seminar are: What is a down payment? How much should I put towards my down payment? What is a mortgage? What is a mortgage term? What is amortization? Fixed versus variable rates? Open versus closed mortgages? What is a prepayment charge? How do I qualify for a mortgage? How large should your mortgage be? Should I get pre-approved? Banks versus mortgage brokers? What are appraisal Fees? What’s the 20% rule? What is home insurance? What is title insurance? What are the extra costs involved in buying a house? What is land transfer tax? How much is property tax?

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