Month: July 2018 | Cincy Fair Housing

Why More People Are Moving To Canada

Posted by Barrett Newton July 4, 2018July 5, 2018Canada

There has been fast immigration of foreigners to Canada in recent years. These have been attributed to various factors. Below are a few of the reasons that have caused this tremendous movement:

Affordable Land And Housing

A city like Montreal provides low-cost housing. Land on the outskirts is relatively cheap compared to other world cities.

Good Education Facilities

Schools in Canada are well equipped and offer good quality education acceptable in most parts of the world. This has attracted international students to enroll in their higher education. There is proper housing affordable to students. Cost of education is relatively low for universities in cities like Montreal.

Political Stability And Low Crime

Canada enjoys the good political environment, and most foreigners prefer to invest and stay in Canada for protection. The crime rate in Canada is very low which guarantees its citizen safety.

Friendly Environment For Investment

The federal government has put necessary incentives to attract foreign investors.These foreigners are investing in real estate and companies. The government has flexible regulations for those willing to start their businesses, and the banking sector is one of the best in the world. Inflation is very low compared to other countries of the world.

Education And Healthcare

Canada has good quality, and equipped hospitals and all citizens contribute to it through taxes. Parents with low income are offered a monthly payment to raise their children under 18 years. The amounts vary from one parent to another. The government takes care of education for young children.

Less Corruption

No need to give bribes for one to be given services in public offices. This makes life easier for foreigners seeking assistance from government agencies for service and those willing to make their investment.

Canadian Visa

Canada provides special visa that accommodates parents and grandparents wishing to visit their relatives in the country. A Canadian visa allows free travel to major cities in the world, and this encourages foreigners to apply for it. Canada allows for dual citizenship and those have stayed there for three years can apply for permanent residence.

Good Quality of Life

Some people migrate to Canada because the condition in their original homes is not good due to pollution, civil strike and hope to get comfortable life in Canada.

Some migrate to Canada seeking employment as unemployment is low. Once given work permit, one can work anywhere in the country. Canada is not air polluted and is clean.…

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How To Buy A House In Canada

Posted by Barrett Newton July 4, 2018July 5, 2018House

Buying a house gives people the pride in ownership and freedom to do with it what they want. Real estate is the only sure and safest investment a person can make. The process of buying a house is hectic not only in Canada but also in other parts of the world.

You need first to know the sort of home you want and which part of Canada. Initial planning is paramount for one to get the right house. Here are some tips to help you in buying a home:

Identify The Area

The cost of buying a house in Canada varies from one city to other. Cities like Toronto and Vancouver are expensive compared to Montreal, and that is why one needs to identify where to buy the house depending on their financial capability. Other factors like climatic condition contribute to the decision of home buying.

Set Up A Down payment

Initial down payment will be dependent on the cost of the house which again is determined by the location of the house. Also set aside some cash for additional expenses that may be required.
Identify Mortgage Company Conventional mortgages require 20% down payment.

Look for a good mortgage company and get approval before the process of home search. The mortgage company will assess your financial capability and advise how much you are eligible to borrow. If one cannot raise this, then engage mortgage default insurance.

Start Searching For The House

A real estate agent will advise and negotiate on your behalf. Depending on your financial capability, he will identify a suitable house that matches your price and needs. Estate agents have connections of potential home sellers and will save you the hustle of moving around.

Once you identify the house, check if it has all the required facilities you need. Check the surrounding if there are issues that might affect your stay in future. Consider proximity to social amenities like health facilities, schools, infrastructure and other services.

Engage A Lawyer

A lawyer who is specialized in conveyance will guide you all through in the home buying process. He will do due diligence on behalf to avoid falling into bad agreements that will hurt or inconvenience you in future.

Finish The Deal

Once satisfied with the identified house the lawyer will do the balance of the paperwork like warranty, insurance, and processing of title deed.

Move In

Once all is finished, then you can move in after getting all ownership documents and then pay the lawyer. You have now taken possession of the house and can now enjoy your stay in your new home.…

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