IK Financial Metarials
Mortgage IK Financial

Thinking of your first home but not sure what to go for?

There is an endless supply of different types of homes available for purchase (NOT in 2021🤪). The key is to decide what you can afford and which amenities you prefer before heading out shopping for a new home.
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🔹 Condo
A condo makes a great first home because it typically costs less than a townhouse or a detached home, which translates into a smaller down payment. But there are, however, monthly maintenance fees you must take into consideration when budgeting for a condo.
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🔹 Townhouse
If the condo life is not your forte and you’re not looking for a big yard to maintain, a townhouse may be your best home purchase option. A townhouse costs less than a fully-detached home and results in cheaper property taxes as well.
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🔹 Detached Home
If it’s privacy you’re seeking as well as a larger yard, a detached home is your ideal choice. Still, prices can vary drastically based on such variables as whether you’re seeking a spot in the city, a place in the suburbs or a more rural location.
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Budgeting is also an important part of preparing yourself for the purchase of a home. Contact our Mortgage Agents before you begin shopping. Inna & Katerina will complimentary create Your "Personal Strategy" that will lead to success:
Inna Bogdanov 416.268.0004 | Inna@ikfinancial.com
Katerina Markevich 416.388.8153 | Katerina@ikfinancial.com