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-home-buyer-seminar-ottawa/
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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?
More Info:
https://mcveighrealty.com/house-buyers/first-time-home-buyer-seminar-ottawa/
