So word to the wise

  • I have learnt so much about buying condos - if you want some advice let me know.

    First critical advice - if you buy a new construction condo use an agent and split the commission with him - you can earn youself 15-20,000 just from that… Because new condos there is no selling agent % - it all goes to the buyer so if you do the legwork and figure out what to buy you can get that yourself.

    Second advice, shop around - not all banks nor even advisers within the same bank will offer you the same mortgage rate.

    This is Canadian specific of course.

  • okay thanks for the advice

  • I’ll keep it in mind.

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