In the fall of 2020 I went through the process of getting approved for Down Payment Assistance through Nova Scotia Housing. The process was lengthy, and required even more steps than getting my mortgage did. But in the end it all worked out, and without it I would most certainly still be renting today. So… Continue reading Getting Approved for Down Payment Assistance
Canada's new Tax-Free First Home Savings Account has recently been announced and would-be home buyers are buzzing. But what is this account and how will it help Canadians purchasing their first homes? The Tax-Free First Home Savings Account combines the benefits of an RRSP with a TSFA. It allows users to deposit and withdraw funds… Continue reading What is the Tax-Free First Home Savings Account
When I purchased my house a little over a year ago, I qualified for Nova Scotia Housing’s Down Payment Assistance Program, which provided me with an interest free loan of 5% of the purchase price of my house, to use as a down payment. This program was the biggest factor in enabling me to become… Continue reading Nova Scotia Down Payment Assistance Program – 1 Year Later
I'm not a mortgage broker, banker or financial advisor. I am just a person who's been through this process recently and did a fair bit of research. I'm also a person who interacts daily with people who want to buy a home but don't know if this is a possibility for them or not. I… Continue reading Can you get a mortgage? A numbers break-down.
Today is the one year anniversary of submitting an offer on my home! In celebration I thought it would fun to do a tour of my minimalist living room to show everyone who has followed my story what it's really all about. By now you probably know that last fall I bought my first home.… Continue reading $115,000 Minimalist Living Room Tour
Listing price, mortgage rate, down payment, taxes, fees, insurance. There is so much more to the cost of home ownership than people often stop to think about. Sorting through all the information can be challenging, especially when resources from Nova Scotia are pretty hard to come by, and most examples feature houses that are double… Continue reading The real cost of home ownership