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Category: First-Time Home Buyers (9 posts)

First Time Home Buyer Incentive Program

First Time Home Buyer Incentive Program

June 28, 2019 | Posted by: Mike Garganis

The First-Time Home Buyer Incentive helps qualified first time home buyers reduce their monthly mortgage carrying costs without adding to their financial burdens. You need to have the minimum down pa ... [read more]

Why is the media pushing Millennials to rent?

Why is the media pushing Millennials to rent?

April 2, 2019 | Posted by: Mike Garganis

Something strange has been going on over the past decade. We’re often being told – and, in many cases, convinced – that it’s better to rent than to own. I firmly believe every ... [read more]

How homebuyers can reduce impact of rising rates

How homebuyers can reduce impact of rising rates

February 21, 2019 | Posted by: Mike Garganis

Last April, Dan and Sue (real clients of mine, names are different to protect their identity) bought a condo for $238,000, still under construction in Barrie, Ont. They expect to move in by ... [read more]

Starter Home + Time = Rental Property

Starter Home + Time = Rental Property

February 8, 2019 | Posted by: Mike Garganis

Like most of us who get married, we start a new chapter in our lives with a bit of financial uncertainty.  Student loans, car loans, credit cards, and a wedding that some relatives you wish you n ... [read more]

Smart debt management gives first-time homebuyers an edge

Smart debt management gives first-time homebuyers an edge

July 4, 2013 | Posted by: Mike Garganis

Warning bells that Canadians are too overextended on debt might be keeping some potential buyers up at night. Although home debt is ‘smart’ debt, it’s a huge financial decision and t ... [read more]

Buying a house? Don't make these mistakes

Buying a house? Don't make these mistakes

June 27, 2013 | Posted by: Mike Garganis

First-time homebuyers can get easily side-tracked by fixable "problems," like an unappealingpaint color, and they often overlook hidden costs of home ownership like maintenance expenses.Such rookie er ... [read more]

5 must-do’s for first-time home buyers

5 must-do’s for first-time home buyers

April 24, 2013 | Posted by: Mike Garganis

Buying a home is likely the largest purchase you’ll make in your life. But there are ways of reducing the stress.   Buying a home for the first time can be one of the most stressful exper ... [read more]

How to Hire a Home Inspector

How to Hire a Home Inspector

April 24, 2013 | Posted by: Mike Garganis

Choosing a qualified inspector is an important step for new homeowners - but it’s not as easy as you may think   A home inspection is one of the most valuable investments you can mak ... [read more]

Your RRSP can help make you a first-time homebuyer

Your RRSP can help make you a first-time homebuyer

June 19, 2012 | Posted by: Mike Garganis

Under the Home Buyers’ Plan, you can tap into your RRSP and borrow from yourself tax-free to help with your home purchase. You then pay yourself back over a set period of time.  Of cours ... [read more]

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Mike Garganis
Mike Garganis
Mortgage Agent
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