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The REAL COST of buying your first home in Canada šŸ‡ØšŸ‡¦šŸ”

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Grow with Nav

I help First time home buyers & investors make smart realestate decisions based on numbers and not emotion. Want to book a call (It's free )
https://www.growwithnav.com/bookacall

Link to Calculator: https://www.growwithnav.com/moneytools

Rent vs Buy (Video): Ā Ā Ā ā€¢Ā RentingĀ isĀ betterĀ thanĀ buyingĀ aĀ homeĀ ...Ā Ā 

I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).
00:00 Intro
01:31 Real Cost of home ownership
02:42 Rent vs. Buy
07:08 Mortgage default insurance
12:15 Closing Cost
14:49 Opportunity Costs
19:00 Hidden Costs
21:31 Why should we buy a primary home? 24:24 Outro

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MORE ABOUT ME
My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job to today, where I recently quit my job after building my side hustle to a cool 6figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.

Subscribe if you are interested in:
#Realestate
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

Keywords:
rent, buy, Canada, renting, buying, real estate, housing market, homeownership, rental market, mortgage, rent prices, home equity, down payment, mortgage rates, renting costs, buying costs, affordability, investment, home inspection, closing costs, rental agreement, lease, renttoown, rental income, property management, home maintenance, home insurance, appreciation, depreciation, housing trends, rental affordability, cost of living, real estate agent, firsttime homebuyer, housing affordability, rental application, credit check, rental deposit, security deposit, rent increase, rental market analysis, home valuation, real estate investment, rental property investment, return on investment, cash flow, economic outlook, housing inventory, neighborhood amenities, public transportation, schools, parks, shopping.

posted by flotint6