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Words to Know When Buying a Home

Starfish The Gray Team Ucluelet Real Estate

Are you buying a home for the first time?  Are you buying a home for the first time in a long time?  The Canadian Mortgage and housing Corporation has great resources for home buyers.  From learning if home ownership is right for you, if you are financially ready, choosing a home that is a good fit; they have step-by-step articles guiding you through the entire home buying process.

One of these resources is a 'glossary of terms' to help you familiarize yourself with words associated with buying and owning a home (and a mortgage!).  From types of mortgages, to types of lenders, interest rates, insurance, inspections, equity and taxes you'll find the term and it's meaning here.  Just click the link!


If you think you're ready to start looking at real estate, or would like to learn more about the process, please feel free to contact the Gray Team.  We'd love to join you on this next step in life.

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