HOW TO BUY HOUSE IN CANADA 2024 || FIRST TIME HOME BUYER IN CANADA || EXPLAINED BY SHEKHAR BANSAL ||

[@chiragpatel3789]

Don’t buy home until you have 3 parallel income sources that can support you or you will be end up working for payments and bills for next 30 years

[@How.bout.no.k]

Ofcourse a realtor is going to say the best time to buy is right now. Prices haven’t gone down by that much. Talking about April 2024, a house that was a $1 million in 2021 is now for $850k-$900k but the interest rate has gone up by 2.5X so the EMI is higher then it would’ve been for a $1 million dollar mortgage. Dont, I repeat don’t listen to realtors, talk to a financial advisor or planner. Ye log views aur commission ke liye khud ko bhi bhej denge

[@VKP-i5i]

Jobs are less but Patel Bhai finding jobs 😂 though promotion 👍

[@MrpatelHANUMAN]

Hahaha btw i have full time job.

[@VKP-i5i]

@@MrpatelHANUMAN I know bro 🤣 just joking 🙃

[@Soodhp]

@@MrpatelHANUMAN tri job toh mai kha jauga nalle dkh tu

[@ShivaniPuri-yp4mq]

Shekhar is very genuine person.. who helped us in getting our first home .. this journey was little tough but he dealt it with patience and wisely… guided us and made our dream possible highly recommended 👍

[@hareshpatel1927]

Thank you very much for this video and information.

[@MrpatelHANUMAN]

Thanks

[@FinxRambo]

Please make another video covering below steps 1) Listing price and selling price are different, we need to bid on houses. So what to consider before bidding on a house? How much extra we should bid from existing listed price? 2) Affordability: Mortgage affordability is main consideration, with current pay rates , 5% down payment and single person can get mortgage up to 200k in NB. How to get more mortgage affordability ? 3) How to check whats the current highest bid on a property in order to save time bidding on a unreachable property?

[@premnathdaram2929]

Nice video Patel ji....thank you very much 👍👌🙏

[@dashyboy89]

Awesome content.. intelligent talk

[@abundancepositive]

Keep up the great work Mr. Patel 👍

[@SudershanKaur]

For students how much down payment will be needed please?

[@goodtime7804]

Paystubs kitni purani honi chahiye?

[@shanthiSrikanth]

Mr Patel chk the spelling of description It's highlighted as discription ❓

[@CHARANJITSINGHBAHGA-rv4lc]

Very good guidance. But one needs pr to walk in Canada I hate Ontario and BC due to very high cost of property and living

[@maiadazz]

A house isn't the best investment, considering the state of the economy right now. After selling my Boca Grande house, I want to put $200K into stocks because they can still increase in value during difficult times. Do you have any great ideas for stocks?

[@saraFinn-u6g]

The truth is that if you make the right picks, you could make killer riches very quickly, although such profit usually needs expertise, as in hedge funds or financial managers. I personally prefer the latter.

[@richardhudson1243]

Working with a financial advisor has been a game-changer for me. They provided invaluable insights and tailored strategies that aligned perfectly with my risk tolerance and financial objectives. With their support, I've seen significant growth in my investments and gained confidence in my financial future.

[@michaelstrawberry]

Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.

[@richardhudson1243]

Sophia Maurine Lanting is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@avamadison-r9p]

I searched for her name on the internet, found her page, and reached out via email to schedule a conversation. Thank you.

[@GOURAVRAWTANI]

Work permit par ghr le skate?

[@UmarFarooq-yc7sd]

v. nice videooo ptale

[@gilbertken4160]

A close friend of my mine got an employment offer from Canada 1 year ago, luckily he opened up to me how he became successful. It was a help of a good agent made it possible,he referred to me that good agent he used,then the agent helped me get a job and other relocation process aid. to Glory of God, I am in Canada now, Thanks a lot agent Mr Hernandez

[@gilbertken4160]

$earch his company name

[@gilbertken4160]

*Gensika immigration*

[@gilbertken4160]

*His.*

[@gilbertken4160]

*what$****app*

[@gilbertken4160]

*+1970*

[@pcpatel068]

Pls let me guide to buy home in calgery

[@indo_cad8877]

Nice ☺️☺️

[@monish_shah]

Bro ask to commerce field in Canada

[@getgoingwithshilpi]

Wry informative bideo

[@k_____007]

I have done bachelors in India. If i take a 2 year certificate course from Mount royal ( Calgary) , will it make my bachelor's equivalent to 4 yrs and allow me to do masters in future?????? OR I need diploma or degree to make it equivalent to 4 years. Plzzzzz reply 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻

[@shaheenaraaasif270]

Hello, Bhai aapka ye video bahot achcha laga. Thank you.

[@AkshayMAHIDA-qm2xu]

🙏

[@monish_shah]

Bro ask to commerce field in Canada 🙏

[@SAMMANEXPORTHOUSE]

India me baithe hue canada me ghar kaise le pls guide

[@almedaroad7427]

If students perent send money from India or u s a student need pay Tex in canada

[@pooh6546]

Patel bhai, one patel to another:- tame completely wrong concept puchi rahya cho, what is even the point of the word that you kept repeating "profitability" . Once a house is bought and you start living in it and make it a home plus you have rented some of the rooms etc then there is very little chance of you "profiting" by selling it because you will have to pay- 1) taxes on the capital gains 2) moving costs to a new home 3) closing fees for the one you are selling and buying fees for the new one you will move to And let's assume your house has significantly appreciated in price then chances are that almost all of the housing market is high! So you will have to pay more price for the new one you will buy. There is no sense in asking "profitable" or "kitna profitable hoga, GTA me zyada profitable hoga" You also didn't understand the brokers incentives. They are ALWAYS incentivized to sell you higher price house because there fees are not a fixed money amount but it is on the percentage of the value of the house... I am happy to clarify any questions you have after reading this

[@MrpatelHANUMAN]

I am not professional in this area dude. I might be asking dumb questions but the goal is people understand little bit of house market in Canada. Like different types of house, what is the price of houses in different areas etc besides every broker is here to make profit soo you have to think in which way you will make more if you purchase a house. At the end this video is just to give you little bit of idea about house market. you have to do your own research.

[@shekharbansal569]

Hi @pooh6546, Your concern is understandable, but it reflects a potential misunderstanding of real estate dynamics. Allow me to provide clarity on this matter. 1. Regarding your point about residing in a purchased property while renting it out, it's important to note that such arrangements can indeed yield profits upon sale. Properties with rented basements or rooms are often in high demand, as they showcase the potential for additional rental income. This income can significantly contribute to mortgage payments, thereby increasing the property's overall value. 2. Regarding capital gains taxes, let's consider a practical example: Suppose you purchase a house for $400K and sell it for $500K, resulting in a $100K profit. It's important to note that taxes are calculated based on the net profit after deducting various expenses such as closing costs, lawyer fees, real estate commissions, and renovation expenses. This reduces the taxable income from the sale. Calculation: Profit from Sale: $100,000 Minus Expenses: Closing Costs: $X Lawyer Fees: $Y Real Estate Commissions: $Z Renovation Expenses: $W Net Profit: $100,000 - ($X + $Y + $Z + $W) = Net Profit Taxable Income: Net Profit The specific amounts for closing costs, lawyer fees, real estate commissions, and renovation expenses would vary based on individual circumstances and the real estate market. Moreover, taxes are levied on your income as well, but that does not mean we stop earning due to fear of paying taxes. 3. Moving costs typically range from $1500 to $2500, depending on the volume of belongings. It's an expense you'll incur regardless, even when transitioning from one basement to another. This cost can be managed and should not pose a significant barrier. 4. Let's delve into the fees associated with both buying and selling a $500K house: Buying Costs: Land Transfer Tax: Approximately $2475 Lawyer Fees: Approximately $1000 + HST Title Insurance and Title Search: Approximately $500 Total Buying Costs: Approximately $4105 Selling Costs: Real Estate Commissions: Approximately 4% + HST Lawyer Fees: Approximately $1000 + HST Mortgage Pre-payment Penalty (in case of variable interest rates only): Approximately 3 months of interest, totaling approximately $6000 + $270 (bank discharge fees) Closing fees are unavoidable when moving to a new property. However, they shouldn't be seen as impossible obstacles. With good financial planning, these expenses can be expected and handled well, making the transition easier. Plus, they might seem small compared to the profit you'll make. 5. As you mentioned, if your house has significantly appreciated in price, it likely reflects a high housing market overall. Consequently, purchasing a new property may require a higher investment. However, instead of selling your current home, as discussed in the video with @MrpatelHANUMAN, I suggested leveraging the appreciated value of your property. This can be done through options such as cash-out refinance or a Home Equity Line of Credit (HELOC). By utilizing this equity, you can invest in a new property while retaining ownership of your current one. Additionally, exploring opportunities such as distressed sales, motivated sellers, or renovation properties can offer potential bargains below market value. With strategic renovations and improvements, you can increase the market value of your property and build equity over time. 6. Brokers earn commissions based on the sale price of a property, but reputable brokers prioritize their clients' needs and goals, ensuring they come first in every transaction. They work to achieve the best outcomes aligned with their clients' goals. With clear communication and trust, brokers offer valuable guidance and support throughout the real estate process, making it a positive experience for everyone involved. In conclusion, real estate investments can indeed be profitable with the right guidance, strategy, and mindset. It's essential to explore various avenues and consider long-term financial goals when making decisions in the real estate market.

[@ShatabdiDas-dd2wx]

Is it possible for Students to apply for political asylum?

[@hiteshsingh1977]

Ghar lava mata pr thu jaroo ri cha

[@gautampatel626]

7lakh indian rupees me 3 bhk milega

[@mkzai]

Kaha pei?

[@gautampatel626]

Video kaha ka he Canada ka heto Canada ki to bat kartahu vaha 7 Lakh me 3 bhk milega

[@mkzai]

@@gautampatel626 7 lakh "Indian rupees" kyu likhey ho?

[@amithrd1743]

Bhai Can u tell me about Can anyone tell about Ontario Tech University ( Public University) Oshawa, Ontario Master program

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@DhruvilDave-dc6hm]

Hii bro are you going canada

[@DhruvilDave-dc6hm]

I am also going

[@DhruvilDave-dc6hm]

Sheridan college Brampton. Are you going after 12 or bachelor

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada

[@monish_shah]

Bro ask to commerce field in Canada