The housing market has so much negative & sensationalized media around it that buyers are overlooking the affordability facts & the fear of taking advantage of some great opportunities right in front of them. Let’s recap Q1 – Q3 2022
2. Buyers typically struggle with having to put down a larger down payment, now lower purchase price = a lower down payment.
3. Savings on your mortgage insurance if you need one. FYI: required on less than 20% down payment.
4. Land Transfer Taxes will now be lower due to the lower purchase price.
|CASE STUDY||Q1 - 2022||Q3 - 2022|
|App. Closing Costs||$21,325||$16,325|
Tanya V Fernandes
Owner | Broker