Wednesday, July 17, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
You might have stumbled upon this article and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
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Wednesday, July 10, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Chances are you that came across this article since you are not a Canadian resident and you are interested in buying property in Canada, but like many people, you might not have the sufficient cash lying around to buy a home in cash, without financing. Purchasing homes and property can be incredibly expensive. Most people will need a mortgage or financing from a bank to purchase a property or a home. Heck, even Elon Musk, the founder of Tesla, has a mortgage. Yes, you read this correctly, even Elon Musk has a mortgage. In fact, Elon Musk has multiple mortgages. Many other high net worth individuals including people such as Beyoncé and Jay-Z also have mortgages. In other words, your net worth does not necessarily preclude you from having a mortgage.
You might be reading this and thinking ok, how does this apply to me a. ...
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Wednesday, July 3, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
You might have stumbled upon this article and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, best school districts, best time to buy a house, for sale by owner, good time to buy, best neighbourhoods, mortgage preapproval, top school districts, foreclosed houses for sale, mortgage stress test, prequalified buyer, current housing market, houses for sale by owner, how to find houses at a good price, top five cities, foreign buyer
Wednesday, May 15, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Buying a home might be among one of the biggest and most important financial decisions you may make in your life. Buying a home, whether you are buying your first home or your third home is an exciting process but making the decision to buy a home and the actual process of buying a home are things that should not be taken lightly. Therefore, when you are choosing a real estate brokerage to work with as you embark on this home buying journey, this is something that you should do with care since a real estate agent can have a huge impact on your home buying experience. In other words, if you find a great real estate agent or broker they can be your advocate throughout this process, advising you while helping you to get the best value for your money with minimal headaches and frustration along the way.
Your real estate agent or. ...
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Wednesday, May 8, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Credit scores while they may seem like they are just a number that companies pull out of a hat, they are more than just a simple number and they can have a huge impact on your financial future. Your credit score impacts things such as the interest rate you are able to get for loans, whether or not you are able to finance things such as a new computer, a new car, or a new phone, how much you might pay for life insurance, and more. In other words, you should know what your credit score is and take this seriously especially if you dream of becoming a homeowner one day.
Credit scores usually range somewhere between 300 at the low end and up to 850 or 920 at the highest. However, a FICO score is the credit score that most financial institutions use and take into consideration when deciding who they can give credit out are between! ...
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