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Shan Thayaparan | Real Estate Sales Representative Serving 
Scarborough, Toronto, Ajax, Pickering, Durham, Brampton, Mississauga, York Region and the GTA | Re/Max Community Realty Inc., Brokerage

Home Buyers / My Blog

Homebuyers who get family help report feeling less comfortable with their debt levels

6/7/2017 | Posted in Home Buyers by Shan Thayaparan

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Even after getting family help to make a down payment on a home, first-time buyers still worry about their financial situation, according to a new survey from ...

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1 in 4 homebuyers had issues after purchase: Allstate

5/30/2017 | Posted in Home Buyers by Shan Thayaparan

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Costly repairs could be awaiting homebuyers as a new survey shows that owners may be missing some important factors when renovating or carrying out maintenance.

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Buyer's remorse: Most millennial homeowners are house poor and want to sell

4/24/2017 | Posted in Home Buyers by Shan Thayaparan

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Many millennials face the understandable apprehension that they may never be able to afford a home in a market that’s continually surging to new heights.

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Single Canadians make up a quarter of homebuyers

4/13/2017 | Posted in Home Buyers by Shan Thayaparan

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Almost 1 in 4 homebuyers is buying on their own, often due to unexpected life changes. A new survey from TD found that 69 per cent of divorced and 35 per cent of widowed ...

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Regulator launches broker database

4/4/2017 | Posted in Home Buyers by Shan Thayaparan

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Homebuyers can now view their potential broker’s regulatory record in a now online portal, which allows consumers to search broker and company names to view disciplinary ...

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Millennials are buying homes but many have parental help: survey

3/3/2017 | Posted in Home Buyers by Shan Thayaparan

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While slightly more than a third of Canadian millennials now own a home, nearly two-fifths of them had help from parents to get into the housing market, says a new global study ...

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Higher down payments could be on horizon: CMHC

11/26/2016 | Posted in Home Buyers by Shan Thayaparan

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The head of Canada Mortgage and Housing Corp. has opened the door to the possibility of increasing the minimum down payment needed to buy a house, though a change is not ...

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Four ways parents can help their kids buy a home

10/27/2016 | Posted in Home Buyers by Shan Thayaparan

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As housing prices rise significantly, it can be hard for young people to get a leg up. Here are some ideas for Mom and Dad.

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Millennials set on finding their perfect 'YOLOcation', despite steep city home prices: TD

9/21/2016 | Posted in Home Buyers by Shan Thayaparan

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Millennials are applying the "you only live once" philosophy to their homebuying approach with nearly half of surveyed Millennials who commute (48 per cent) saying ...

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Feds 'pricing out a generation' with home buyer crackdown

6/10/2016 | Posted in Home Buyers by Shan Thayaparan

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The federal government would be better-served by encouraging the construction of new homes in Toronto and Vancouver, rather than trying to clamp down on foreign buyers in ...

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Millennials amenable to suburban living: study

4/8/2016 | Posted in Home Buyers by Shan Thayaparan

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A survey conducted by the Toronto-based Altus Group last fall revealed that millennials are open to establishing dwellings in suburban areas, contrary to a common perception ...

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Liberals May Hike Minimum Mortgage Down Payment, Industry Expert Says

12/3/2015 | Posted in Home Buyers by Shan Thayaparan

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The Liberal government could be about to impose tougher restrictions on homebuyers by raising the minimum downpayment for a government-insured mortgage.

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Why homebuyers need professional real estate advice more than ever

11/27/2015 | Posted in Home Buyers by Shan Thayaparan

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A recently released study points to an increased need for the advice of a real estate agent, as home prices continue their upward trajectory.

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TREB: Planning for your down payment

11/19/2015 | Posted in Home Buyers by Shan Thayaparan

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In today’s real estate market, there are ways to reach your ultimate home buying goal. While you need may need to consult with a financial advisor in regards to your ...

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It's time for many Canadians to abandon the 20% down-payment rule

9/25/2015 | Posted in Home Buyers by Shan Thayaparan

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A popular and sensible bit of financial advice is that you should ideally wait to buy a house until you have a down payment of at least 20 per cent and thus are excused from ...

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Tories pledge to let Canadians withdraw more money from RRSPs to buy homes

8/12/2015 | Posted in Home Buyers by Shan Thayaparan

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The Conservatives pledged Wednesday to let first-time buyers withdraw as much as $35,000 from their registered retirement savings plan accounts to buy a home, in ...

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CMHC to consider 100 per cent rental income in loan applications

7/28/2015 | Posted in Home Buyers by Shan Thayaparan

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The rules surrounding the income from rental units considered in home loan applications submitted to the Canada Mortgage and Housing Corporation are changing. The agency ...

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Ordinary Canadians turn bankers as shadow mortgage lending rises

7/9/2015 | Posted in Home Buyers by Shan Thayaparan

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Canada's housing boom is increasingly driving homebuyers to seek mortgages from private lenders, who demand rates that can be more than five times higher than those charged ...

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CMHC Survey Provides Valuable Insights into Mortgage Consumers

6/4/2015 | Posted in Home Buyers by Shan Thayaparan

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Canada Mortgage and Housing Corporation (CMHC) released recently its Mortgage Consumer Survey. The annual survey, the largest and most comprehensive of its kind, provides ...

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Access and marketability key when getting a mortgage on a cottage

5/21/2015 | Posted in Home Buyers by Shan Thayaparan

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Whether you call it a cottage, a cabin or a camp, when the temperature begins to rise, the dreams of sitting on the dock at a place of your own start this time of year.

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