An investment of a lifetime
Owning your own home is an exciting proposition and an achievable goal for most Canadians. The number one reason many become homeowners is pride of homeownership and the stability and security that comes with it.
Homeownership remains a common goal among the majority of the population. Aside from the knowledge that your monthly mortgage payment is going towards property you will eventually own, there are numerous benefits to owning a home. For first time buyers especially, beginning the process can be overwhelming. Finding Your Comfort Zone from the Globe and Mail gives a summary of important mortgage terms to familiarize yourself with before setting out to apply for your first mortgage.
In An Investment of a Lifetime, the Globe and Mail details the personal and tax benefits one can reap from investing in real estate. With tax season in full swing, many will be pleased to know any gains obtained from selling their principal residence are tax free. For those looking to invest, it is nice to know there is still an option that lends more security and less uncertainty.
For more information on how homeownership can benefit you, read the full articles by accessing the links below.