Avantages de l'accession à la propriété ?
Pride of home ownership is the number one reason why Canadians desire their own home. There is no landlord looking over your shoulder. You are able to make home improvements knowing that any appreciation that results will be to your benefit. Home ownership gives you and your family a sense of stability and security. It's making an investment in your future.
In Canada, especially in the last few years, homes have appreciated considerably and in doing so have added substantially to owners net worth. Unlike stocks and bonds, you get to live in your real estate investment.Also, in Canada your principal residence is exempt from capital gains taxes.
Do a credit check. Cash and good credit are critical to snagging a bargain home and keeping it. Before you go shopping make sure you have the cash on hand for a down payment and a mortgage lender who is willing to provide you with a home loan at an affordable rate.
Get pre-approved by a lender or mortgage brokers. Pre-approval can help expedite the closing of your purchase, a process that given the current economic climate can take months.
Consider a down payment and the alternatives. Another key financial factor is a down payment. If you can afford a down payment of 20% of the home’s value, it immediately adds equity to your house and lowers monthly payments. Such a down payment also means you can qualify for a loan modification program down the road if, heaven forbid, you need it.
However, many first-timers don't have the cash to put up 20% of a home's value. No need to worry, your mortgage officer should be able to find alternatives that work for you.
Be realistic about costs. However much you make, don't shop for a home that will gobble up most of your income each month. In addition to mortgage and principal payments, buying a home means paying for insurance, maintenance and real estate taxes.
One of the biggest mistakes first-time home buyers make is they don't leave themselves with enough money
Don't cut corners on inspections. Always cough up the extra cash for a good home inspection, especially if you're buying a foreclosed home.
"A home inspection is key...