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  1. ALRIVAS

    1st Time Homebuyer 5%?

    Sorry about that. Regarding your question 5% downpayment apply to everybody that (qualify) not first time buyer only,land transfer $2000 rebate yes only to first time buyer.
  2. ALRIVAS

    1st Time Homebuyer 5%?

    Hi zardoz you can only qualify for 5% downpayment technically speaking if your credit score is over 700 beacon score lived in the country for at least 2 years and have a stable job for 2 years. As I said technically speaking,all mortgage applications are treated individually,in the past some of...
  3. ALRIVAS

    Can one buy a house with Temporary SIN number starting with 9

    Hi safiullahliaqat anybody can purchase real estate in canada regardless of their immigration status. Manny of the buildings been built in toronto are financed by foreign investors. If you have lived in the country for more than 2 years and have an excellent credit history you can buy with 10%...
  4. ALRIVAS

    1st house on mortgage and buying second house again on mortgage

    pleas call me 416-887-9656. Thanks.
  5. ALRIVAS

    1st house on mortgage and buying second house again on mortgage

    As I said everything that is involved in the process of maintaining those properties is a right off as long as you hire a chartered accountant to guide you. For a tax question you need to ask a chartered accountant they are many details that must be addressed in person. To make it easy if you...
  6. ALRIVAS

    1st house on mortgage and buying second house again on mortgage

    HI Pda to purchase a second house you need 20% down minimum as is the law. If you stay in the house you live now the new one becomes an investment so all the money you use to carry that property is a right off from your capital gain. The second becomes an income and as I said the money you use...
  7. ALRIVAS

    name on the house

    Sorry I meant talk to your realtor you can talk to a lawyer if you want to.
  8. ALRIVAS

    name on the house

    Hi breeze123 I'm Realtor in Ontario and only speak of Ontario. Here you can own the property as joint tenancy or tenancy in common. As tenants in common you can own a percentage of the property according to your downpayment if that if what you want. husband 30% you 70% that only will apply to...
  9. ALRIVAS

    URGENTLY NEED TWO BEDROOM CONDO /MISSISSAUGA/sqaure one

    Hi kinz90 Scylla is right you should find a place for a week or 2 while you search for a permanent place. I have 6 places I can show you they are all vacant and I might be able to get it for you in 2 days but reality is that you need to find an airbnb or motel6. There is one motel6 at britania...
  10. ALRIVAS

    buying house versus RESP

    steaky you're right. I'm licensed in Ontario and I meant the GTA where I work. My apologies GTA only and the stats I put are from the GTA.
  11. ALRIVAS

    buying house versus RESP

    I'm sorry for the way I explain things. Real estate is better than resp. yes I'm real estate agent and have been selling houses since 2002 and in 2002 the average home cost $300,000 in 2016 it costs $688,181 I didn't make these numbers these are facts. The reason the real estate keeps going up...
  12. ALRIVAS

    buying house versus RESP

    Hi Pda if you put $400 a month in resp at let's say 8% yearly which is a big lie you'll have like $5500 a year now assuming your child is 1 month old 5500x18 years you'll save 99,000 that's very good. Below is the scotiabank resp calculator...
  13. ALRIVAS

    Just became PR of Canada, how would it help me when purchasing a new house?

    Hi kidbroker it depends on 2 things. 1) Credit history. 2) Job You can purchase a property with 10% downpayment if you have a work permit and have been working in the country for 2+ years. Every case is different and very personal. If you need more info please go to alrivas .com or al@alrivas.com.
  14. ALRIVAS

    Anyone landing in Toronto in May 2nd week please join here

    airbnb I think is best option if you are trying to save money.
  15. ALRIVAS

    Ottawa: Newly married couple needs housing, Any suggestions?

    Hi guys there are 3 easy ways to do this 1)hire a realtor is free of charge and you will be represented.My favorate. 2)MLS.ca almost as good as 1 without representation. 3)kijiji or viewit.ca no representation again. Good luck if any question PM or go to alrivas .com
  16. ALRIVAS

    Missisauga Vs North York -- Better for short landing ?

    torontosm is 100% right by the way Mississauga also has a chinatown is that's important to you. If you want to know what's cheaper to live then your answer is Mississauga.
  17. ALRIVAS

    Need guidance for moving to Toronto

    sarimraza I'm a Realtor with more than 13 years of experience my service if you research it is absolutely free of charge and there is no trap. I'm here offering advice and if someone wants my help yes I help and not a dime comes from their pocket.
  18. ALRIVAS

    First time home buyer - having owned a home somewhere else in the world

    Sorry about that the 4 years is for first time buyer program RRSP.I've got confused for a second for not reading. Anywhere in the world is right. Good luck finding out.I have many transactions done for investors and they qualified as first time homeowners in Canada. Again don't worry about that...
  19. ALRIVAS

    First time home buyer - having owned a home somewhere else in the world

    It refers to Canada only and in the previous 4 years so if you had a house and sold it 10 years ago you are a first time home buyer again. Don't dig too much. visit alrivas. com for more info is all there or email me al@alrivas.com.
  20. ALRIVAS

    Need guidance for moving to Toronto

    Hi Daria I'm a realtor with 13 years of experience what you want it'll cost you $1,500 minimum for 1 bedroom it will be in Etobicoke around high park which is along the subway line. If you like more info please visit alrivas. com or email me al@alrivas.com