FIRST TIME BUYERS- Helping You Become an Educated Real Estate Investor 

The A-Z of the Home Buying Process – FAQ.

Now that you’ve decided to buy a home, and you have asked your yourself these questions … Let’s go ahead and help you find that dream home. The dream home, that meets both your needs and your budget. We will set you up with viewing appointments, and also help bring clarity to the complicated process of buying a home.

RELATED TOPICS
  • GETTING A MORTGAGE PRE-APPROVAL 
  • FIRST TIME HOME BUYERS TAX CREDIT
  • RRSP HOME BUYERS PLAN
  • LAND TRANSFER TAX REBATE
  • FIRST TIME HOME BUYER TAX PROGRAMS
  • FIRST TIME HOME BUYER LOANS
  • PROPERTY TRANSFER TAX
  • CLOSING COSTS
YOUR BUYING CONTRACT PACKAGE
  • WHAT DOCUMENTS ARE IN THE BUYERS CONTRACT PACKAGE?
MAKING AN OFFER
  • WHAT IS AN OFFER? WHAT TERMS ARE INCLUDED WITH MY OFFER ON THE CONTRACT?
REMOTE SIGNING
  • DO WE HAVE TO COME INTO THE OFFICE TO SIGN?
FINANCING/MORTGAGES 
  • WHAT KIND OF FINANCING SHOULD I EXPECT?
  • WHO SHOULD I GO TO TO APPLY FOR A MORTGAGE?

HOME INSPECTION
  • HOW DO I FIND A HOME INSPECTOR AND DO I NEED ONE?
HOME INSURANCE
  • WHAT KIND OF INSURANCE DO I NEED?
YOUR BUYING COSTS
  • HOW MUCH DO I NEED IN TOTAL TO BUY MY HOME?
TAXES
  • WHAT TAXES SHOULD I EXPECT?
LAWYERS/NOTARIES PUBLIC
  • WHERE DO I FIND A LAWYER/NOTARIES AND WHO PAYS THEM?
COMMISSION/FEES
  • WHO PAYS THE COMMISSION? – SELLER OR BUYER?
MOVING CHECKLIST

📉 Interest Rate Drop in Canada – What It Means for You!

Posted on Mar 13, 2025 in Real Estate and Lifestyle

📉 Interest Rate Drop in Canada – What It Means for You! 🏡💰

On March 12th, the Bank of Canada announced that it had lowered the target for the overnight lending rate by 25 basis points to 2.75%. This marks the seventh consecutive decrease to rates since June 2024.

In recent months, the pervasive uncertainty created by continuously changing US tariff...

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FEBRUARY GTA - Monthly Market Report

Posted on Mar 06, 2025 in Real Estate and Lifestyle


📊 February 2025 GTA Housing Market Update 🏡In February, the Greater Toronto Area (GTA) experienced a notable shift in the housing market:
  • Home Sales: Declined by 28.5% compared to January, following a 12.4% increase in the previous month. Year-over-year, sales dropped by 27.4%.reuters.com
  • New Listings: Seasonally adjusted new listings decreased by...

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SPRING OPENING CHECKLIST. Get your Cottage ready for the season. 

Posted on Feb 28, 2025 in Real Estate and Lifestyle

As the weather warms up, it's time to open up your cottage or cabin for another season of relaxation and outdoor fun. To make the transition seamless, follow this step-by-step checklist to ensure everything is in top shape before summer begins!

✅ Essential Spring Cottage Opening Checklist
1️⃣ Restore Utilities – Before heading up, contact utility pro...

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Where are the most Affordable condos in Ontario?

Posted on Feb 22, 2025 in Real Estate and Lifestyle

Finding affordable condos in Ontario can be challenging, especially in major urban centers. However, several cities and neighborhoods offer more budget-friendly options:


1. Sault Ste. Marie:
  • Average Rent: Approximately $973 per month for a one-bedroom apartment.
  • Highlights: Known for its natural beauty, including rugged coastlines and beaches, making...

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Lola Oduwole

LOLA ODUWOLE REAL ESTATE GROUP

BC: 2300-2850 Shaughnessy St, Port Coquitlam, BC. V3C 6K5  ONT: 236 Lake shore Boulevard E. Oakville, Ontario. L6J 1M9 , 

Phone: BC: 604.809.6317 / ONT: 289 .439.5472

sold@lolaoduwole.com

Office Info

LOLA ODUWOLE REAL ESTATE GROUP

BC: 2300-2850 Shaughnessy St, Port Coquitlam, BC. V3C 6K5  ONT: 236 Lake shore Boulevard E. Oakville, Ontario. L6J 1M9 , 

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