Should I buy now or wait... first-time buyer's dilemma

If you are a first-time buyer, the answer to this is simple!
If you can afford to, buy NOW!.

My reasons are multiple:

House values are still holding strong in most areas of the GTA in the price range that most first-time buyers buy. Yes, this target group of homes IS holding strong, especially those with income potential via basement apartments or similar potential (an extra bonus for first-time buyers or even others seeking to have their mortgage paid down as soon as possible)

Second, mortgage rates are now low low low....
You can now borrow $300,000 and pay under $1300 a month mortgage if you take one of the best mortgage products available today from most reputable lenders! This amount compares favorably with paying RENT !! (that is, compared to NO homeownership in your immediate future for as long as you sit on the fence)

Third,history is on your side! Owning a home has proven to be one of the best long term strategies for any first-time buyer, since time began! The sooner you start, the more equity you build up over time (instead of paying rent and building up your landlord's equity!)

Fourth, and at least 99 more reasons, recent economic trend analyses point in your favour!

For more detailed decision-making analyses, including cost-benefit analyses, tax benefit analyses, and other investment analyses, simply call me! Save your time and call me 'for 1-stop shopping'. I can meet with you in the Mississauga area within 1 or 2 days of your initial request. Take ACTION now!

Oliver Teekah, M.A.
Broker

416 566 7653 (or email: info@hotpropertybuy.com)