Passing the "stress test" can be a nightmare for some people. Assets, liabilities, debts, credit ratings, where to begin? As real estate professionals, we are trained to navigate the hurdles that accompany buying or selling a home. We can write up a detailed report that shows you how much money you will be left with after a sale or how much you may need to buy your dream home.
For example, there are certain tax advantages you can benefit from if you have never bought a property before. The first time home buyer tax credit saves on your land transfer taxes when purchasing a property.
Also depending on your budget, it may actually be cheaper and more efficient to BUY a property vs. renting.
Give us a call, you may be surprised at what you can afford.