It’s likely one of the biggest moves you’ll make in life.
But buying your first home isn’t all fun and games, and you shouldn’t want it to be. When you’re throwing around words like ‘down payment’ and ‘bidding war,’ it’s no surprise that you should be taking buying a house seriously.
According to a survey by the Real Estate Council of Ontario (RECO), 70 per cent of young people (ages 18-34) are anxious about not being properly informed about the buying or selling process. That’s why we teamed up with RECO to make sure you’re in the perfect place before you buy.
Here are 14 things you should know before you buy a house in Ontario.
Real Estate Contracts Are Not Standardized
Just as every home is unique, so are the contracts to buy