According to the 2012 TD Canada Trust First Time Home Buyers Report, the majority of buyers say they would have done some things differently when
purchasing a home.
The top three things that people would have done differently:
1) 60% of First Time Buyers said they should have been more thorough when budgeting and accounting for all of the costs associated with purchasing a home. Click here for some uselful information on home closing costs you should be prepared for.
2) 60% of First Time Buyers said they would have made a bigger down payment. Click here for an easy explanation of why a larger down payment will help and you can also use the handy mortgage calculator to see how different down payments will effect your monthly mortgage payments.
3) 55% of First Time Buyers wish they had purchased their home sooner. Are you currently paying rent? Click here to see the benefits of home ownership vs. paying rent.
Read the report in it's entirety here: http://www.newswire.ca/en/story/1015775/first-time-home-buyers-reflect-on-their-rookie-mistakes
Do you have anything to add? What advice would YOU give to people who don't yet own their own home? I'd love to hear from you!
Are you a First Time Home Buyer looking for more information? I'd love to help, contact me today!
purchasing a home.
The top three things that people would have done differently:
1) 60% of First Time Buyers said they should have been more thorough when budgeting and accounting for all of the costs associated with purchasing a home. Click here for some uselful information on home closing costs you should be prepared for.
2) 60% of First Time Buyers said they would have made a bigger down payment. Click here for an easy explanation of why a larger down payment will help and you can also use the handy mortgage calculator to see how different down payments will effect your monthly mortgage payments.
3) 55% of First Time Buyers wish they had purchased their home sooner. Are you currently paying rent? Click here to see the benefits of home ownership vs. paying rent.
Read the report in it's entirety here: http://www.newswire.ca/en/story/1015775/first-time-home-buyers-reflect-on-their-rookie-mistakes
Do you have anything to add? What advice would YOU give to people who don't yet own their own home? I'd love to hear from you!
Are you a First Time Home Buyer looking for more information? I'd love to help, contact me today!
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