By: Team Gonin

Planning to Buy a Home? Watch Your Financial Moves

Tags: Buying a home, buying a home in oakville, maintaining your finances when buying a home, Oakville MLS listings, Oakville Realtor, pre-approval when buying a home, Team Gonin, the importance of pre-approval

Planning to Buy a Home? Watch Your Financial Moves Are you planning to buy a home in Oakville or Burlington?  If so, now is the time to watch your financial moves.  If you will be applying for a home loan it is essential to have your finances lined up.  This involves knowing what you make, what you spend, what you have in savings and knowing your credit score.  Having your doc...Read More

By: Team Gonin

Mortgage Basics for FIRST TIME HOME BUYERS

Tags: BUYING MY FIRST HOME, BUYING MY FIRST HOME IN OAKVILLE, FIRST TIME HOME BUYERS, HOME BUYER WORKSHOPS, MORTGAGE BASICS BY RBC, OAKVILLE HOMES, OAKVILLE REALTOR, RBC MORTGAGE INFORMATION, TEAM GONIN, Kristin Zerbisias MORTGAGE SPECIALIST WITH RBC

Mortgage basics for first time home buyers - Is the home affordable for your current lifestyle? When purchasing a home in the Oakville, Milton or Burlington areas, it is important to look at factors that affect your ability to make mortgage payments. On top of that there are other costs to buying a home including closing costs, taxes, and maintenance fees. Choosing the Right Home When decid...Read More

By: Team Gonin

Mortgage basics - WHY GET PRE-APPROVED FOR A MORTGAGE?

Tags: Buying my first home, BUYING MY FIRST HOME IN OAKVILLE, first time home buyers, home buyer workshops, MORTGAGE BASICS BY RBC, Oakville homes, Oakville Realtor, RBC MORTGAGE INFORMATION, Team Gonin, Kristin Zerbisias mortgage specialist with RBC

Buying your first home is an exciting time, and you want to ensure you are prepared. It is really important that you get pre-approved to determine what you can afford. Knowing what you can afford will make the process easier, and save you from disappointment in the future. Getting pre-approved is a no cost, no obligation meeting that will provide you with the information you need to make deci...Read More

By: Team Gonin

Mortgage basics - CHOOSING YOUR MORTGAGE RATE

Tags: BUYING MY FIRST HOME, BUYING MY FIRST HOME IN OAKVILLE, FIRST TIME HOME BUYERS, HOME BUYER WORKSHOPS, MORTGAGE BASICS BY RBC, OAKVILLE HOMES, OAKVILLE REALTOR, RBC MORTGAGE INFORMATION, TEAM GONIN

  Mortgage basics for first time home buyers - Choosing your mortgage rate When choosing a mortgage rate, you have two options:  Fixed rate  Variable rate Fixed rate A fixed rate gives you a set payment that will be broken up between paying off your principle, and paying interest. Your payment amount will not change throughout your term. A fixed rate exposes you to less risk...Read More

By: Team Gonin

Mortgage basics – LEARNING ABOUT AMORTIZATION

Tags: BUYING MY FIRST HOME, BUYING MY FIRST HOME IN OAKVILLE, FIRST TIME HOME BUYERS, HOME BUYER WORKSHOPS, MORTGAGE BASICS BY RBC, OAKVILLE HOMES, OAKVILLE REALTOR, RBC MORTGAGE INFORMATION, TEAM GONIN

Mortgage basics – LEARNING ABOUT AMORTIZATION The amortization period is the length that it will take to pay off your mortgage in full. When choosing the amortization period, it is important to understand the relation between time and the rate of interest. Short Amortization Period Having a shorter amortization period will make the monthly payments larger because of the shorter timeline to...Read More

By: Team Gonin

Mortgage basics - CLOSING COSTS

Tags: BUYING MY FIRST HOME, BUYING MY FIRST HOME IN OAKVILLE, FIRST TIME HOME BUYERS, HOME BUYER WORKSHOPS, MORTGAGE BASICS BY RBC, OAKVILLE HOMES, OAKVILLE REALTOR, RBC MORTGAGE INFORMATION, TEAM GONIN, KRISTIN ZERBISIAS MORTGAGE SPECIALIST WITH RBC

Mortgage basics - Closing Costs You are ready to purchase your dream home but are you aware of all the closing costs? Closing costs occur on the day that you receive ownership of the house. Some of the costs include: Land transfer taxes Legal fees Moving costs Maintenance fees/Property tax adjustment PST on default insurance premium for high RADC mortgages Planning for these closing...Read More