Buying your first home can be a bit daunting and you may not be sure of where to start. Read our step-by-step guide about buying a house in Canada, so you can close with confidence.

You’ve likely heard people lauding the benefits of home ownership. Canadian real estate has historically seen solid long-term gains, which bodes well for existing home owners and those who plan to buy and keep the place for the long term. 

There are three main incentive programs for first-time home buyers. Each program has different requirements to qualify as a first-time buyer. See the FAQ below for details.

It's no secret, pre-construction real estate yields amazing investment opportunities - however, finding the right project at the right time isn't always easy. 

What is a condo? If you ask most people to explain, they’ll tell you, “It’s like an apartment or townhouse, but you pay condo fee.” Or, "It's like a home with maintenance fee ." Both of these descriptions are mostly true, but there’s a lot more to the condominium meaning and the condos versus apartments debate, especially if you're trying to decide where you should live.

While there are different remedies a lender can access when there is default on a mortgage loan, the most common one in Canada, by far, is where lenders exercise their right – that is their power to sell a property when default has occurred. There is a clause written in the mortgage authorizing the mortgagee (lender) to sell the property in the event of default.