Everything you need to buy a home in Canada: first-time buyer guides, down payment tips, home inspection checklists and expert advice for every step.
You need a minimum of 5% of the purchase price for homes up to $500,000, 10% on the portion between $500,000 and $1.5 million, and 20% on any home priced at $1.5 million or more. These aren’t lender preferences. They’re federal rules set by the Office of the Superintendent of Financial Institutions (OSFI) and enforced…
Buying a home involves more steps than most first-time buyers expect: financial checks, mortgage approval, inspections, offers, and legal paperwork, each with its own deadlines and documents. Miss one, and you risk losing a deposit, missing a hidden repair, or delaying closing by weeks. This checklist walks through every stage in order, with country-specific rules…
Buying a house in Canada as an American works differently than buying one at home. The mortgage rules are stricter, the tax forms multiply, and a federal law currently blocks most non-Canadians from purchasing homes in major cities. None of that makes the process impossible. It just means you need a clear map before you…