Selling and buying a home at the same time is a juggling act that requires careful planning and financial management. A Mortgage Managers broker can make the process easier for you by helping you with the key steps:
•    How much can I borrow?
•    The costs of Buying
•    The costs of Selling
•    Comparing mortgages to find the right solution
•    Home Buyer Incentives
•    Home Buyers Guide

How Much Can I Borrow?
Your Mortgage Managers broker can give you an accurate indication of your borrowing and purchasing power, saving you time and hassle.

The Costs of Buying
Some of the costs of buying a home and getting a mortgage include land transfer tax, legal fees, possibly mortgage insurance if you are borrowing more than 80% of the property value, appraisal costs if you are borrowing less than 80% of the property value, and home inspection costs.

The Costs of Selling
Some of the costs of selling your home may include real estate agent fees, bringing property taxes current, legal fees, penalties to break your current mortgage and possible repairs required by the buyer.  These costs can errode your down payment very quickly.  You Mortgage Managers broker can help you manage

Compare Mortgages
Your Mortgage Managers broker can help you choose a mortgage solution that is right for you, without all the running around.

If you’re thinking of doing some major renovations to your new home, a Purchase + Improvements mortgage can be a convenient solution. Or, if you plan to buy your new property before you sell your existing one, we may be able to arrange bridge financing.

Home Buyer Incentives
For 2009 and subsequent years, the Canadian Federal Government's budget introduced a refundable Home Buyer's Tax Credit based on an amount of $5,000, for certain home buyers that acquire a qualifying home after January 27, 2009.

Home Buyer & Mortgage Guides
If you’re keen to do some research now, Order free Mortgage & Home Buying Guides.