TrinityStone Realty

Phone:
6134173599
Contact Us

TrinityStone Realty

Phone:
6134173599
Contact Us

What is the average down payment on a house in Canada and how much should you pay?

Many buyers are confused about the difference between deposit and downpayment when purchasing a home. The deposit is the amount of money associated with your offer. The most common ways to provide a deposit are submitting it with the offer, or within 24 hours of acceptance of your offer, depending upon how the offer is written. The deposit then makes up part of your total downpayment for the purchase. The following article explains downpayment in more detail ...

Click here to read the full article by Corben Grant, Sourced from Canadian Real Estate Wealth

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