Immigrants Buying Real Estate in Canada
The rules surrounding buying a home in Canada compared to other countries may be very different, which is why you need Silvia Biro of Re/Max Centre, Brokerage in Guelph, Ontario, to help you make the best decisions.
There are many opportunities for potential homebuyers who have recently arrived in Canada. For example, some lenders have designed mortgages that are specifically for newcomers — and will take the time to educate you about the pre-approval process to give you an advantage when entering the real estate market.
The Canadian Mortgage and Housing Corporation (CMHC) also has developed guidelines for buyers who are new to the country. The online guide will help you decide what you can afford and what size of home you need for your family, and help you choose a neighbourhood that has all the resources (such as schools) that you will need.
Silvia will also work with you to determine what type of property you're looking for, and what your goals are — whether it's finding a home near a quality school, or using the property for rental income.
You can also enjoy the benefits of owning a property in Canada before you move here, or if you plan to spend most of your time outside the country. Canada has an open policy when it comes to foreigners buying property; although, in some cases you may need a bigger down payment to start with. Silvia can help you navigate these details when it comes time to buy.
Canada welcomes real estate investments from all countries, and is very accommodating to those who want to call Canada home.
Find out how real estate broker Silvia can help you succeed when buying or selling real estate in Guelph or the surrounding areas, including Kitchener, Cambridge and Mississauga! To contact her, visit her website, call her directly at 519-993-8972 or send her an email.
RE/MAX Real Estate
238 Speedvale Ave W