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First-Time Home Buying from A to Z Podcast
Welcome to the First-Time Home Buying from A to Z podcast, an advice-oriented series for Canadians looking to become home owners for the first time.
We’ve developed this podcast series in cooperation with Sandra Rinomato, real estate expert and host of a popular reality TV show for first time home buyers. Over the course of this series, we'll be providing advice, answering some questions and de-bunking the myths around buying a home, drawing on experts from a number of fields, including some BMO Bank of Montreal experts to get you on the right path toward buying your first home.
Episode 5 – Getting to the Bottom of the Land Transfer Tax Issue
In this episode, Alan Silverstein, a prominent real estate lawyer and author, and BMO Bank of Montreal mortgage expert John Tuner discuss the new property land transfer tax introduced by the City of Toronto, and what BMO is doing to help alleviate the pressure. Alan provides a broad overview of the issues with this new tax and provides consumers with a reality check, while John Turner discusses the new BMO program, specifically developed to help absorb the cost of the new levy.
Past Episodes
Our fourth episode features BMO Bank of Montreal mortgage specialist John Turner, who takes a look at some of the common “myths” and assumptions that a lot of first-time home buyers make, and discusses whether there is any truth to them.
In our third episode, Gary McRae from Coldwell Banker Terrequity Realty provides us with his expert advice on how to go about developing a home-hunting strategy and how to find the home that’s right for you.
Our second episode taps into the expertise of BMO Bank of Montreal mortgage specialist Laura Parsons, who delves into the mortgage approval process and shares her insight on how to prepare yourself financially to buy your first home.
In our first episode, Bob Dugan, Chief Economist for the Canada Mortgage and Housing Corporation, gives us a “big picture” peek at what’s happening in the Canadian housing market and what the outlook is for 2007.
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