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Closing Costs: What to Expect and How to Budget for Your Home Purchase

Buying a home is a significant financial step, and well budgeting for a down payment is crucial, closing costs are an often-overlooked expense. In Ottawa, these costs can range from 3% to 5% of the home’s purchase price. Understanding and preparing for them ensures a smoother closing process and prevents unexpected surprises.   Breakdown of […]

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Grants and Incentives for First-Time Home Buyers in Ottawa

Becoming a homeowner for the first time can be a rewarding, yet financially challenging process. Luckily, first-time buyers in Ottawa have access to several grants and incentives designed to ease the cost burden. Here’s a breakdown of these programs:   1. First-Time Home Buyer Incentive ( FTHBI) The First-Time Home Buyer Incentive offers a shared […]

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How to determine your home’s value of the current market

How to determine your home’s value of the current market When thinking about selling your house or just wanting to determine your home value in the current market, estimating its value is a crucial first step. Ottawa home price estimators are a good place to start, but knowing the local real estate market is essential […]

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