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Home Buyer Mistakes 5 - Cash Poor Buyers - Mortgage Delivery Guy

Before you start home shopping, consider every possible source of cash u2013 do you have paid for insurance policies with cash value or retirement saving plans (RRSP) that can be used for buying a home? Donu2019t forget that there are programs that allow gifted down payments.

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Home Buyer Mistakes 5 - Cash Poor Buyers - Mortgage Delivery Guy

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  1. Home Buyer Mistakes 5 - Cash Poor Buyers Feel Free To Call US 1-800-808-1613 Landline 416-848-0469 www.mortgagedeliveryguy.ca

  2. Home Buyer Mistakes 5 - Cash Poor Buyers Before you start home shopping, consider every possible source of cash – do you have paid for insurance policies with cash value or retirement saving plans (RRSP) that can be used for buying a home? Don’t forget that there are programs that allow gifted down payments. www.mortgagedeliveryguy.ca

  3. Home Buyer Mistakes 5 - Cash Poor Buyers Consider Home Buyers Plan (HBP). Look into the rules thoroughly. Your banker or real estate agent may need to be aware of all the loopholes. While many retirement plans limit dipping into first-time home buyers, the definition of a first-time buyer may be someone who hasn’t owned a home in the past five years. Start as early as you can when saving for a down payment. Banks need at least 90 days of bank account statements for the entire down payment amount. You may not be as cash poor as you think you are! www.mortgagedeliveryguy.ca

  4. Home Buyer Mistakes 5 - Cash Poor Buyers THANK YOU www.mortgagedeliveryguy.ca

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