Micheline Lajoie - The Wilson Team

05/19/2025

Rates are slowly coming down. It may be time to do a mortgage check up. Pm me for yours

04/09/2024

Total eclipse of the sun

03/22/2024

No worries if you here about first home incentive progr being dropped. It was almost impossible to qualify for it. We can still help you attain your first home

🏠 Farewell to the First Time Homebuyers Shared Equity Program! 🏠 Canadians won't miss it as it fades away due to lack of use. Its complex structure and limited benefits left many untouched. 

The First-Time Home Buyer Incentive, a program initiated to assist Canadians in entering the housing market, has been discontinued.

BUT, don't worry; your dream of homeownership is still within reach! So let's focus on simpler, more accessible options for aspiring homeowners! 

🏡The Home Buyers' Plan, where you can use up to $35,000 from your RRSP for a down payment : 

This plan allows first-time buyers to withdraw up to $35,000 from their RRSPs to use as a down payment, with a 15-year repayment period. For couples purchasing together, each partner can withdraw the same amount, enabling a combined potential down payment of $70,000.

🔑The First Home Savings Account to save tax-free for your first home:

 Is a new registered plan that offers an innovative way for first-time buyers to save. You can contribute up to $8,000 annually, tax-free, specifically for your first home purchase. This mirrors the tax advantages of a TFSA, making it a highly beneficial savings tool.

💰And don't forget the Home Buyers' Amount ( HBA )offering a tax credit of up to $10,000. ): 

Offering a non-refundable tax credit of up to $10,000, the HBA is a boon for first-time home buyers. This credit is applicable to the tax return of the year in which you purchase a qualifying home, whether it’s an existing property or one under construction.

Let's turn your home-buying dreams into reality. Contact The Wilson Team to explore these incredible options and start your journey to home ownership today!

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12/30/2023

As people feel the pressure of high interest rates, cost of food, gas, etc, many may feel need to turn to credit counseling to get a hold of debts. Before jumping on ads you see on internet make sure you do your due diligence.
1. Not all companies are legit
2. Credit counseling does not necessarily protect you from creditors
3. They may charge a fee for service even if they do not get lower rates
4. It will not necessarily protect your credit score
5. It can remain on your bureau for 6 years

You might want to chat with a license trustee in consumer proposal or make sure you do your research well. You might be able to discuss yourself with your creditors for lower interest. Not all companies are bad but right now the predators are out at full spin do not get caught up in their scam

04/25/2023

Economy is unsure and people often make rash decisions in moments of uncertainty. We get scared and listen to everyone around and might make bad decisions. For example when things get tougher we pay off debts and then think we should close accounts. Never close old accounts. They are the accounts that help boost your credit score. Ask us at the Wilson Team we can help guide you in which accounts are safer to close

02/24/2023

Interest rates are slowly stabilizing. It may be time for a mortgage check in to see what your best options wills be. Pm me if you want to plan ahead and get ready for your renewal

01/05/2023

the market is cooling down and interest rates have stabilized some. investing in real estate is always a great step to wealth. we can look at your profile to see how you can still access the market

10/24/2022

I m always shocked to see this type of news. where in the process did this go wrong.
1. if this was purchase as residence ànd not rental funds should not have been advanced
2. sales contract should have had a clause free and clear with final walk through on day of closing to ensure that tenant has left.
3. closing can be delayed until tenant has been removed
4. landlord tenant board should have been contacted to proceed to eviction

working with the right people can help avoid situations like this. this could have been prevented

Elsie Kalu bought a home in April. Since then, she lost her job and her daughter with autism can't attend school or access enough therapy — all because the tenant that came with the Orléans townhome refuses to leave, and Ontario's Landlord Tenant Board is silent on when she can have a hearing to ...

10/14/2022

good starter home

08/10/2022

I cannot stress enough that you should use a realtor when purchasing a house. I have clients who went to a builder without a realtor, the sales agent told them that of course they could get 2 properties that the first one they can live in it and the second one as an investment. He also went to confirm that it is ok to put only 5% down on the second property as they could say it is for their children. (So in fact this seller is telling clients to commit mortgage fraud). As well the clients who are not well versed in contract trusted this person thinking they could have an out. They are not looking at losing 110K. You need to make sure you have the expertise of a realtor to make sure you are protected.