Home ownership obligations
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- 2017-12-12
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- Your property is your responsibility. Whether you decide to purchase a condo or a house, your decision implies that you must be ready to commit both time and money.
- Property ownership is a long-term investment. In addition to paying a down payment, make sure you know everything you are in charge of.
- Beware, the value of your property might not increase much in the first few years.
- If you plan on living downtown Montreal for a short period of time, it might be more affordable to consider renting over buying.
- You do not have to commit to a single property, you can sell it ! In the meantime, you would have gained equity from the property.
- The information given serves an educative purpose and is subject to change without notice, from time to time in our sole discretion.