There are many people paying high rent in the Greater Edmonton Area who wish that one day they can be home owners. Many think it is a goal far out of reach or a long way down the road, but that may not be the case...
If you are paying more than $1,900/ month in rent, why not put that money towards your Own mortgage instead of paying down someone else's? $1,900 / month can get you a newly constructed home, with new home warranty, in the $350,000 - $400,000 range. You also have the option of creating custom plans to build the home that works for you instead of making due with the home you have. Or if you don't want to build from the ground up you can choose a quick possession home that's move in ready.
Another option that many first time buyer's think is outside their realm of possibilities is buying a home with a rental suite. Why not put your new home to work for you and have a legal basement suite help pay part , if not all, of your mortgage payments for you?
With options like these can you really afford not to? Call a mortgage broker today and see how you can take the next step toward your New Home!