Joint Mortgages: Pros, Cons, and What You Need to Know
A joint mortgage can be an exciting step toward homeownership—but it’s not without risks. Many Canadians turn to joint mortgages when they want to buy property with a spouse, partner, family member, or even a close friend. For example, in 2021, 19.8% of Ontario residential properties co-owned by people born in the 1990s included their […]
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Bridge Financing: What to Know if You’re Buying and Selling a Home at the Same Time
Buying a home is one of the biggest financial decisions you’ll make, and if you’re selling one at the same time, things can get complicated quickly. What happens if your purchase closes before your sale? Do you have to walk away from your dream home just because the dates don’t line up? That’s where bridge […]
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How Are Property Taxes Determined in Ottawa? Everything You Need to Know
Paying property taxes in Ottawa is an unavoidable part of owning a home, with these payments funding important municipal services and local infrastructure development. Every homeowner should know how to determine property taxes and navigate through the taxation process—luckily, the Chris Allard team is here to help you understand your tax obligations and make the […]
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How to Qualify for a Mortgage in Ontario: A Step-by-Step Guide
Securing a mortgage is one of the most important financial decisions you’ll make, whether you’re purchasing your first home or refinancing an existing one. In Ontario, mortgage qualification depends on multiple factors, including your credit score, income stability, and down payment amount. The process can seem complex, but with the right preparation and expert guidance […]
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