Actual Cost of Buying a House in Canada | First Time Home Buyer

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  • Опубликовано: 2 дек 2024

Комментарии • 32

  • @sportsfan5315
    @sportsfan5315 3 года назад +3

    Andrea this is useful for Canadians too. Our system is not the easy to navigate. You do an amazing job at interviewing too

  • @johngonzalez4298
    @johngonzalez4298 4 года назад +6

    Andrea, you are beautiful! I saw your appearance on Dating Beyond Borders 🌹

  • @deniseadendorff6702
    @deniseadendorff6702 4 года назад

    This is wonderful just as we start investing into properties! Thank you!

  • @fullmetaltheorist
    @fullmetaltheorist 4 года назад +1

    I needed this

  • @aa7352
    @aa7352 3 года назад +1

    Did you buy your winter clothing in canada , or in sa before you went?

  • @billygray7669
    @billygray7669 4 года назад +1

    This is very useful information thank you.

  • @akashmotwani7046
    @akashmotwani7046 4 года назад +2

    Best of luck 👍

  • @alexco6773
    @alexco6773 4 года назад +2

    Oh my gravy. Thanks, sounds like moving to a different planet. At least being prepared is forewarned 👍

  • @billygray7669
    @billygray7669 4 года назад +1

    Hi Andrea. I had been researching precisely the information you gave in this video and was able to reach a similar conclusion. My conclusion was not concrete, so this video helped a great deal with that. Part of my research which may still not be totally answered, is whether one can buy a house in Canada while still living in South Africa. I am leaning towards, yes one can, but I am not totally sure. A unrelated question which you may or may not have the answer for, can one open a bank account in Canada while not living in Canada. Maybe the basics around banking in Canada could be a future video.

    • @petrusengelbrecht
      @petrusengelbrecht 4 года назад +1

      Hi Billy, yes you can buy while still in SA. Please reach out if you have any questions.

  • @AeVlogsVegas
    @AeVlogsVegas 3 года назад

    I have a question 🤔I want to move to Vancouver I was told the investment plan is supposed due to covid I want to move but I'm stuk I wanna buy this house before it gets removed from the market

  • @karindaristic4949
    @karindaristic4949 4 года назад +1

    Thanks for this great video Andrea and Petrus. I have one more question to ask - do you get any benefits as a first time home buyer in Canada (if you have never owned your own property in SA or Canada)?

    • @AndreavanNiekerk
      @AndreavanNiekerk  4 года назад +2

      Karinda Ristic hello Karinda! There are benefits - you can get a land transfer tax rebate and benefits to your RRSP. Message me directly if you need the details on this! IG: Andrea.thevan

    • @karindaristic4949
      @karindaristic4949 4 года назад +1

      That's great to know, thank you for explaining this to me.

  • @christineisted9324
    @christineisted9324 4 года назад

    Great information. Thank you 👍

  • @JZvanloggerenberg
    @JZvanloggerenberg 4 года назад

    Thanx for the video. So informative

  • @mariskavonmolendorff5476
    @mariskavonmolendorff5476 4 года назад

    Hi, I currently have a NQF 4 in property and write my NQF 5 exams in November 2020. I am about to have my qualifications verified but I’m im curious if the South African real estate licenses carry over to canada, or do we as estate agents have to do some kind of bridging course.

  • @rikewedderburn7886
    @rikewedderburn7886 4 года назад +1

    Who is paying the sellers agent? Is the agent working on a fixed commission or is that negotiable? Very interesting chat

    • @petrusengelbrecht
      @petrusengelbrecht 4 года назад

      Hi Rike. In Canada the Seller signs a Listing Agreement with the Listing or Seller's agent. In that Listing Agreement, the Seller agrees to pay the Listing/Seller's agent a commission (this can be negotiated) and also agrees to pay the Buyer's agent a set commission on successful conclusion of the sale. The commission the the seller is willing to offer the Buyer's agent is actually set out in writing on the Listing itself and visible to all buyer's agents.

  • @letzventure6017
    @letzventure6017 4 года назад

    What a great and informative vlog! One question, if I am purchasing a plot of land (just land only) as a foreign investor, do I still pay property tax?

    • @petrusgroup
      @petrusgroup 4 года назад +1

      Hi there! This is a great question. You will always pay general Land Transfer Tax (Ontario) on all land transfers. If you are referring to Non-Resident Speculation Tax, I propose you look at this very helpful government link where most of your more technical questions will be answered - www.fin.gov.on.ca/en/bulletins/nrst/#:~:text=The%20Non%E2%80%91Resident%20Speculation%20Tax%20(NRST)%20is%20a%2015,foreign%20entities)%20and%20taxable%20trustees.

    • @AndreavanNiekerk
      @AndreavanNiekerk  4 года назад

      @@petrusgroup thanks Petrus!

  • @JZvanloggerenberg
    @JZvanloggerenberg 4 года назад

    Wow. Thanx. I wish to know if there is a market in buying to rent out?

    • @petrusengelbrecht
      @petrusengelbrecht 4 года назад +1

      Hi Johan, there are certain areas and property types that would do better than others. Please reach out if you have any questions.

  • @CollosalTrollge
    @CollosalTrollge 4 года назад

    Do you think over-billing exists like with Cit Of Joburg ?

    • @petrusengelbrecht
      @petrusengelbrecht 4 года назад +1

      There are definitely areas in Canada that more expensive than others.

  • @tristantully1292
    @tristantully1292 4 года назад +1

    Why are you guys sitting so close to one another during times of covid is the real question that ought to be answered.