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Steps To Buying your first home in Ontario, Canada in 2023 

Callum Moore
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What are the factors involved in buying your first home in Ontario, Canada. It’s a question that I get a lot and I want to make this video not just for buyers looking to buy their first home in Ontario Canada, but also Realtors® or soon to be Realtors® looking to gain and organize this knowledge.
This video we’ll cover the 4 factors of buying your first home in Ontario, Canada. First the minimum down payments required, second qualifying for a mortgage, essentially how much annual income you need to earn and what you can qualify for. Third, closing costs. And on closing cost we’ll touch on a couple things like how working with Realtors® here in Ontario buying your first home can be cost free to you, as well as we’ll touch on ways to save money if you qualify for first time home buyer rebates. And last, time frames. Roughly from start to finish on the entire process. How fast you can go from working with a Realtor® and Mortgage agent to living in your first home! I really hope it helps! 👍
If you are looking to buy or have clients looking to buy or sell in Waterloo Region reach out! Also if you are looking to buy your first home ANYWHERE in Ontario reach out below and we'll find the right representation for you!
If you are looking to buy or have clients looking to buy or sell in Waterloo Region reach out! Also if you are looking to buy or sell ANYWHERE in Ontario reach out below and we'll find the right representation for you!
Call/Text - 226-808-1305
Email - callum.moore@exprealty.com - mtt.rooney@gmail.com
Matt Rooney's RU-vid Channel - / @mattrooney1
Connect with me on FB or Instagram and DM me there.
🔺INSTAGRAM 👉 / callummoorekw
🔺FACEBOOK 👉 / callummoorekw
We are looking to help clients and find referral partners all over Ontario, Canada. If you have a potential client interested in our area of Waterloo Region, reach out to us and let us provide a high level of client service. Make the connection for us, introduce us and 25% of all commissions are headed your way. And vise versa. We know we are not professionals in every area and would love to send referrals your way!
Thanks for watching and reach out above!
▶ Courses Below:
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SIMS 2 - bit.ly/3CUWEqS
Value Link Above For All RU-vid Supporters. 🙏
▶ The Complete Buying & Selling Real Estate Transaction. Step by Step Logistics & Actions From A to Z ONLY for Ontario, Canada 🇨🇦
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▶ eXp Realty Discovery Meeting Book a call with me calendly.com/callummoorekw/op...
If you haven't already, Subscribe to my RU-vid Channel ⬇
RU-vid 👉bit.ly/2kcINYp
🔵 About Me 🔵
Real Estate and Business are my passion but more than that just providing great client service. I started working with my partner in Real Estate late 2017 doing all of our lead generation, digital marketing, personal branding and follow up. I now have my Real Estate licence working with eXp Realty. Using everything I have learned over the past years, plus with an always learning mentality I can really help people in Real Estate. With this channel and the RU-vid community I'm hoping to meet some like minded people that I can hopefully connect with or maybe even do business with. 👍
If you have recently got your Real Estate Licence, started or thinking about getting it, reach out, let's grow! Email Me 👉 callummoorekw@gmail.com
If you want to really build a business around your Real Estate Licence, let's talk! 👍 WhatsApp - 519-573-9996
I am very grateful for all subscribers. Whether you're getting your Real Estate licence, Realtors, or just a friend or fan, thanks for watching! 😀
DISCLAIMER:
My videos are for educational purposes only and merely cite my own personal research. In order to make the best decision that suits your own needs, you must conduct your own research and seek professional advice.
Timecodes
0:00 - Buying Your First Home In Ontario, Canada
1:14 - 1. Minimum Down Payment Required
3:43 - 2. Qualifying For a Mortgage
6:54 - 3. Closing Costs
7:42 - 4. Time Frames From Start to Finish
Clips Credit Below:
Video by August de Richelieu:
Video by Bhargava Marripati:

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30 июл 2024

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Комментарии : 19   
@CallumMoorekw
@CallumMoorekw 7 месяцев назад
If you are looking to buy or have clients looking to buy or sell in Waterloo Region reach out! Also if you are looking to buy or sell ANYWHERE in Ontario reach out below and we'll find the right representation for you! Call/Text - 226-808-1305 Email - callum.moore@exprealty.com - mtt.rooney@gmail.com
@AAwada
@AAwada Год назад
Hi, I appreciate your valuable videos I have the following questions 1. To whom the filled up loan application submitted to? 2. How much is the deposit that accompany conditional offer? 3. Who will prepare Conditional Sold Document? 4. If the house price is high, will the buyer get a higher mortgage loan than he was pre- qualified for because house itself is collateral? 5. To whom the "Commitment on the Loan" written by underwriter be submitted to? 6. What are the legal documents prepared by the buyer attorney? 7. To whom the Conditional Sold Document is submitted to? 8. To whom the conditional offer made by the buyer realtor is submitted to ? 9. To whom the “Commitment on the Loan” done by the underwriter is submitted to? Regards
@almakasimati5872
@almakasimati5872 7 месяцев назад
This is exactly what I needed, thank you Callum!
@CallumMoorekw
@CallumMoorekw 7 месяцев назад
No problem Alma! Glad it helped!
@MinnieOnCam
@MinnieOnCam Год назад
Thanks I'm discharged from a consumer proposal and I'm looking to buy my first home. I sometimes think it's impossible to buy. Is it worth it to save for a down payment with these prices feeling out of reach?
@CallumMoorekw
@CallumMoorekw Год назад
Hey glad it helped. Prices are actually down but rates are up so buying power is similar or in some cases worse. But of course it's worth saving for in my opinion. If you can buy over renting, I'll always suggest buying.
@catherinebellaire7298
@catherinebellaire7298 9 месяцев назад
Where are the cities and towns in Ontario who accept tiny homes and container homes with very little restrictions.?
@user-hn4ki8su6e
@user-hn4ki8su6e 4 месяца назад
How do I find 5% down
@fashion9941
@fashion9941 Год назад
Do you have discount codes for ur online study guides ?
@CallumMoorekw
@CallumMoorekw Год назад
Hey. Yes the links in the description of this video are discount/value links for all RU-vid supporters.
@monikingh4431
@monikingh4431 Год назад
Hey Callum, how are you doing? mention something about the monthly interest rate, how to find that for oneself?
@CallumMoorekw
@CallumMoorekw Год назад
Hey do you mean mortgage rates? You can search mortgage rates online but just in case did you mean using that mortgage calculator? I'll link it here. It's free to use. 👍 www.ratehub.ca/mortgage-payment-calculator
@monikingh4431
@monikingh4431 Год назад
Yea I meant mortgage rates, what rate will you consider good for current times?
@CallumMoorekw
@CallumMoorekw Год назад
@@monikingh4431 Gotcha. Yea I'll just link to another website. They are pretty consistent across the board. It's more or less choosing what's best time-wise for your situation. rates.ca/mortgage-rates/ontario
@monikingh4431
@monikingh4431 Год назад
@@CallumMoorekw Thanks Callum
@catherinebellaire7298
@catherinebellaire7298 9 месяцев назад
Is there land in Ontario that I can buy to put a container home on it or any other tiny home.?
@tammyjga7059
@tammyjga7059 6 месяцев назад
so smart lol
@mashalqureshi6155
@mashalqureshi6155 Год назад
you lost me half way through, which isnt good cause im on course 4 lmao
@CallumMoorekw
@CallumMoorekw Год назад
Yes I think I know what you mean lol. This isn't in the material so it won't be on the exams but great info to know for the real world! So why wouldn't it be haha
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