Ben Warnock Real Estate
Ben Warnock Real Estate
  • Видео 42
  • Просмотров 7 274
Buying a Home in Sault Ste. Marie? Learn How to Manage Your Finances First (Step 1)
Buying a home starts with understanding your finances, and this video has you covered! Learn why your credit score matters, how to build it, and how it impacts your mortgage in Sault Ste. Marie, Ontario. I’ll also break down Canada’s down payment rules, smart ways to save, and what closing costs you should budget for-like lawyer fees, title insurance, and utility setup costs.
Plus, if your down payment is less than 20%, I’ll explain CMHC insurance and how it works. Whether you’re just starting to plan or you’re ready to buy, this video will help you feel confident and prepared for your home-buying journey!
Land Transfer Tax Calculator: bit.ly/SSMLandTransferTax
🎬 Timestamps
0:00 Introduction
0...
Просмотров: 34

Видео

5 Bedroom | 3 Bath | 3000 Sqft Living Space | Brand New Home in Sault Ste. Marie
Просмотров 2414 дней назад
5 Bedroom | 3 Bath | 3000 Sqft Living Space | Brand New Home in Sault Ste. Marie
From 2024 to 2025: Sault Ste. Marie Real Estate Market Analysis
Просмотров 5014 дней назад
From 2024 to 2025: Sault Ste. Marie Real Estate Market Analysis
Sault Ste. Marie vs Rural Property Taxes: What You NEED to Know!
Просмотров 4821 день назад
Sault Ste. Marie vs Rural Property Taxes: What You NEED to Know!
Coming Back to Sault Ste. Marie: My Journey and Why You’ll Want to Move Here
Просмотров 45Месяц назад
Coming Back to Sault Ste. Marie: My Journey and Why You’ll Want to Move Here
Moving to Sault Ste. Marie Ontario: What You Need to Know!
Просмотров 300Месяц назад
Moving to Sault Ste. Marie Ontario: What You Need to Know!
November 2024 market analysis
Просмотров 19Месяц назад
November 2024 market analysis

Комментарии

  • @Lordofthefries129
    @Lordofthefries129 День назад

    I live in the Sault

  • @Shusts_in_Canada
    @Shusts_in_Canada 2 дня назад

    The best place 🤩

  • @Shusts_in_Canada
    @Shusts_in_Canada 4 дня назад

    Hi Ben! Do these numbers depend on the status in Canada?

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 4 дня назад

      @@Shusts_in_Canada this is for permanent residents and Canadian citizens. Non permanent residents on a work visa for example, requirements are more and depends and the mortgage lender. Can be 10% tup to 35% and there also could be a 20% tax of the purchase price.

    • @Shusts_in_Canada
      @Shusts_in_Canada 4 дня назад

      @ great, thanks for the clarification, glad to be among the first group 😄

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 4 дня назад

      @@Shusts_in_Canada no problem and if you have any other questions feel free to ask in a comment or text me at 705-255-4227

  • @SahilKumar-pf4ze
    @SahilKumar-pf4ze 19 дней назад

    Great Chemistry Teacher , nice explanation skills

  • @lv2keepfit493
    @lv2keepfit493 23 дня назад

    Quality of life and surroundings, absolutely correct. Lifestyle in huge, thanks Ben. Keep up the great advice videos and all the best in 2025.

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 23 дня назад

      Thank you and those are the same for me. I bought my home because of the lifestyle and surroundings and I never want to leave! All the best to you too!

  • @chris123chris82
    @chris123chris82 25 дней назад

    Extremely informative video. I really appreciate that you took the time to put all this information together. I'm a huge fan of charts haha. It allows me to pause and see all the information easily. With property tax and heating costs I'm worried my budget should be lower for buying a home..

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 25 дней назад

      ohya same haha I love graphs and figures too! Budgeting is very important and figuring out where you want to live and what you want to have either city amenities or less amenities in rural Sault Ste. Marie. There isn't a crazy difference between urban and rural Sault Ste. Marie within the city limits for property taxes. I pay around $300 less since I am rural compared to if I had city water to my house. Mortgage rates should be going down in 2025 so that will help out quite a bit as well. It is nice to have this information to made an educated decision on budget and location. If you have any questions that want to be addressed I always like more ideas for videos each week.

  • @Benwarnock-RealEstateSault
    @Benwarnock-RealEstateSault 26 дней назад

    Sault Ste. Marie, Ontario Property Tax Calculator bit.ly/4iY8W5C

  • @lv2keepfit493
    @lv2keepfit493 26 дней назад

    Thank you Ben for putting this video together, definitely helps clarify questions I had about living in the Soo. Very helpful video, most agents do not produce videos like this but yet they're so important and informative. Thanks again, from Niagara region :) D

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 26 дней назад

      Thank you I appreciate it and I really hope this helps. If you have any questions let me know, you an text me at 705-255-4227 or comment below. That was a great idea for this video and if you have any other ideas for videos I will gladly make them!

  • @chris123chris82
    @chris123chris82 28 дней назад

    My family is interested in relocating to Sault ste Marie. I have many questions, im not sure if you could answer them.. would it be better to get in touch with you or can you answer some basic questions here before i begin to take up your time? I keep hearing the crime rate is really high, how safe is this city? Is drug addiction and homelessness a big problem in this city? How are the winters? Is the heating bill massive? Are condos being built? Im a carpenter and wonder whats being built, is the city growing? Is the population growing? Hows traffic through out the year?

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 28 дней назад

      @@chris123chris82 hey yes I can answer the questions. Send me an email ben@exitrealtytruenorth.com and I will answer them for you. Those were my next videos coming up but I’ll be happy to send you the info

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 28 дней назад

      -->keep hearing the crime rate is really high, how safe is this city? Is drug addiction and homelessness a big problem in this city? I will bundle these two questions together. Downtown is rough that is where all the drug addicts and homeless people reside which is where most of the crime is. It is sad but the city is starting to revitalize downtown with the downtown plaza and trying to get more businesses downtown. It is a challenge and the homes in downtown are in rough shape. Once you get out of downtown the city is very nice and you don’t see the homeless and drug addiction problems you see downtown. Even on the outskirts of downtown there are some nice neighbourhoods. The East End, Central, West End, P-Patch, and north ends of town are very nice and doing very well with safety and activities for everyone. Lots of parks, arenas, schools, and more that make these neighbourhoods great to live in. I live in the north end of town because I enjoy my privacy and being close to the mountain bike and ski trails. I will be making a video showcasing all of the neighbourhoods soon as well. -->How are the winters? Is the heating bill massive? Winters have been very variable lately. The last two winters were mild and not much snow. This winter we got hit hard with a lot of snow in the beginning of December and now it is above 0 and raining. Based on the last years winters are very manageable. Heating is not bad we don’t get many very cold spells at length. Last week we had -20 degrees Celsius for a few days at night but usually -10 is the average at night and -6 during the day during the winter. For heating I have natural gas and a wood stove. I don’t need the wood stove but I love having it. My annual average for heat is $90 and during the winter months it is $130. Overall with electricity my monthly bills average $215. I am on a well and septic so in the city will be a bit more with water charges. -->Are condos being built? Im a carpenter and wonder whats being built, is the city growing? Yes condos/apartments are being built. The old hospital downtown is being demolished and looks like at least 1 condo building should be being built there as well as two more high rise apartment complexes are being built right now clos to Sault College. In the East end about 20 townhouses are almost complete and the builder is planning on building another 25 starting this spring. -->Is the population growing? Hows traffic through out the year? The population had a 5.2% growth increase over the last 3 years to 78,574 residence compared to 74,679 in 2021.

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 28 дней назад

      It was easier to post it here so others could see it as well. Hope this helps and if you have any other questions let me know.

    • @chris123chris82
      @chris123chris82 28 дней назад

      @@Benwarnock-RealEstateSault fantastic! Thank you so much! I gave you a follow on IG so I don't forget yeah. I really appreciate all the answers to the questions I asked. I'll speak to my wife and see if I can put more questions together and email you. Hopefully we'll be ready to relocate within 2025.

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault 28 дней назад

      @@chris123chris82 Sounds great! Shoot me an email when you have more questions. I am always happy to help. Happy Holidays!

  • @lv2keepfit493
    @lv2keepfit493 29 дней назад

    Wondering if you can make a video regarding average home property taxes and utilities in the Soo? If possible rural vs city fees. Thank you :)

  • @lv2keepfit493
    @lv2keepfit493 Месяц назад

    Great information, might be in touch with you.

    • @Benwarnock-RealEstateSault
      @Benwarnock-RealEstateSault Месяц назад

      I'm glad it helped. Sounds good, if you have any questions send me a text at 705-255-4227 and I gladly help you out. Have a nice day.

  • @obione4477
    @obione4477 Месяц назад

    Thanks for sharing! Very informative.