You’ve been saving for your down payment, you’ve been looking online, and you’ve been thinking of your ‘must have’ list. The budget is set, and you’ve determined your prime location(s). Perhaps you’ve even begun looking at potential new homes! But there are a few questions still to consider when getting ready to buy your first home, or your second, third, or final home.
Have you thought about which type of purchase you’d like to make? Do you want a freehold property, a land lease, or a condo? Do you know the difference between the three? Here, we will break these down to help you determine which decision is right for you! The Jen Scholte Team is here to assist you in determining the best strategy for your move.
What is a Freehold?