Rising real estate prices are requiring first-time homebuyers to save up for ever-higher down payments. Desjardins will explain how good financial habits, wise planning and a bit of support will help you save up for one.

Whether or not you’re buying your first home, it’s important to understand what costs await, to avoid being caught short. Here are 15 expenses to consider when buying a house in Quebec.

Multigenerational homes, which have long been part of the Quebec real estate landscape, continue to draw interest. For those wanting to buy a house this year, here are the pros and cons of owning a multigenerational home.

Find out how to calculate the property transfer tax, better known as the “welcome tax,” in a few simple steps.

Since 2020, all residential property types gained in value, but single-family homes were most affected, experiencing a price hike of 41% on average in the province. It’s a good time to rank the cities in Quebec that experienced the strongest growth since then.

Purchasing a cottage requires as much forethought and preparation as buying a home. Here are three key points to consider before making the leap.

At the last provincial budget of 2022–23, Finance Minister Éric Girard proposed Bill 5 as a means of regaining control of the market.It includes two significant amendments to the Real Estate Brokerage Act.

Interest rates, especially those related to mortgage financing, vary based on the economic context and financial market events. After rates stayed at historically low levels during the pandemic, increases are inevitable. Here are some explanations, the consequences for you and what you can do. 

Homebuyers often feel both excited and worried. It's important to take some prudent steps to help prevent certain financial consequences and successfully wrap up the home-buying process.

With the right strategy, a buyer can realistically acquire their dream property in 2022. The key to a successful purchase, according to DuProprio real estate coach Martin Desfossés, is “Prepare, take an interest and stay active!”

Before you can think about decorating your future first home, you have to choose a mortgage. Here are some tips from Desjardins for making sense of it all.

New homeowners often focus on redecorating as their first step toward settling in. But it’s important to start paying attention to energy efficiency as soon as you move in, so you can start enjoying the benefits immediately.

Buying a house in a market where properties are selling like hot cakes is not always easy. Buyers—who may need to make offers on several properties before one is accepted—will have to arm themselves with patience.

Planning on going to or organizing an open house soon? Read our team’s tips and make the most of this big event.

A 3D virtual tour is an ideal way to view a property, especially when you can’t go in person. This tool lets you continue your plans to buy or sell, while respecting the social distancing measures to limit the spread of the coronavirus (COVID-19).

Are you looking to buy your first home but can’t find anything on the market that meets your needs and fits your budget? The First-Time Home Buyer Incentive, launched by the Canadian government on September 2, 2019, was created to help people like you achieve their dream.

When your buyer is a homeowner wanting to buy a new home, that buyer will make the offer to purchase conditional on the sale of their existing property. It’s important to understand that, as long as the conditions of that offer aren’t met, you can keep looking for a new buyer.

Some people have nightmares about hidden defects. But a better understanding of the legal warranty could help make sure they get a good night’s sleep. Above all, it means buyers can look for their dream home with peace of mind.

An offer to purchase, also known as a promise to purchase, is a written document in which a person agrees to purchase a property. Learn all that it entails before submitting or accepting an offer!

When it comes time to buy or sell a property, buyers and sellers wonder if they’re in a seller’s market or a buyer’s market. The answer provides a good indication of how to proceed with their real estate project.

Buying or selling a home is a wonderful venture, but it requires a little help along the way. There are several industry professionals who will help make sure your real estate project is a success.

About to buy your first property? You’ll soon be talking about mortgages with financial advisers from various banks. Here’s a glossary to familiarize you with the terms and conditions you’ll be negotiating in your mortgage contract.

Homeowners know their house best. To make sure that a property really meets your needs and is in good condition, you should feel free to ask the owners certain questions.

Have you outgrown your apartment? Becoming a homeowner might be the solution. But you should be aware that this change will require a certain investment.

New or used? This is a question people always ask themselves when thinking of buying a home.

Looking for your first home but don’t know where to start? Knowing your borrowing capacity is the first step toward making your dream of owning a home a reality.

For a lot of people, the main obstacle separating them from their goal of buying a home vs.renting is their financial situation. However, there are ways to prepare for buying a property.

Good financial planning is important when you’re preparing to buy a house, since you need a down payment of 5% or more. Many first-time home buyers take advantage of the Home Buyers’ Plan (HBP) to get there.

Are you thinking of visiting a home for sale? We recommend checking certain information with the owner first.

Can you change your mind after signing a real estate promise to purchase? It’s no easy matter, but it’s not impossible. The law provides for a few exceptions that can lead to the cancellation of the contract to sell a property.

A seller and a buyer agree on the purchase price of a property. So far, so good. An offer to purchase is made, pending a favourable inspection. However, during the inspection, the building inspector uncovers some defects. Major work will be required. Now what?

Using the services of a building inspector is probably the best precautionary measure you can take before buying a property. Although it’s not mandatory, a pre-purchase inspection will give the buyer peace of mind.

When we see a home for sale “without legal warranty,” we automatically think it must have a lot of issues. But that’s not necessarily the case. This term is commonly used with estate sales or foreclosed homes.

You just visited a home and, at first glance, you just didn’t like it: the yard was neglected, the decor was straight out of a previous decade and the owner has put up heavy curtains that block all the light.

Want to buy a house but are waiting for that golden opportunity? That’s great, but telling a great deal from a lemon requires at least a basic understanding of real estate.

Has the time come for you to meet a financial advisor or mortgage broker to apply for a mortgage? If so, you’ll need to provide certain information so they can assess your credit file and learn more about your financial situation.

You’ve found your dream home and you’re ready to buy! Here’s how to make a formal offer to purchase to the owner in a few simple steps.

When you’re looking for a condo, one of the first things you should check is whether the property is divided or undivided co-ownership. Depending on the type you choose, the implications will be different.

Thinking of buying a divided co-ownership property, more commonly known as a condo? You should be aware that there is a charter setting out all the regulations for the building. It’s called the Declaration of Co-Ownership.

Visiting a home is a natural step in the process of buying a property. Not only do you have to check whether it’s in good condition, but you also have to determine whether it meets your needs.

The best way to make your next move a painless experience is to be well prepared. Turn a difficult day into a productive one with these tips, which will help you work more efficiently, so you can enjoy your new home as quickly as possible.

The steps to becoming a homeowner are not the same everywhere you go. Just within Canadian borders, these steps vary from one province to the next.

Without a doubt, condos have taken on a new popularity in Quebec. Condominiums are quickly surpassing the traditional family home for first-time buyers.

When planning to move, many owners wonder: is it better to sell your current home before looking for a new one, or to find a new place before selling? Unfortunately, there’s no one-size-fits-all answer.

When preparing to write the Offer to Purchase for a home, the buyer must talk with the owner and reach an agreement on various points.

If you’re getting ready to go to the notary’s office, you are in the final stage of your real estate transaction. But who will have to pay the notary’s invoice? Whether you’re about to buy or sell a property, it’s better to be well-informed to avoid unpleasant surprises.

In Quebec, all real estate transactions have to go through a notary. The buyer usually chooses which one to go to.