When you buy a home, you are purchasing ownership of the title to that property. Title insurance protects the title to your property against losses incurred as a result of undetected or unknown title issues. Many lenders require title insurance as it protects the lender from things like fraud, errors in surveys, encroachments onto neighbouring properties, zoning infractions and more. …
Saving for your down payment
Are you ready to start saving for a down payment on your dream home but not sure where to start? The first thing is to determine how much of a down payment you’ll need. The minimum amount you will need depends on the home purchase price, but it ranges from 5% – 20% of the purchase price. Purchase Price of …