Buying your first home can be like learning a new language: there are so many terms you’ve never heard before that it’s enough to make your head hurt. But we, along with the Canada Mortgage and Housing Corporation (CMHC), suggest that you learn some of these real estate terms and what they mean if you’re an aspiring homeowner. The more you know, the better prepared you'll be.
Published March 27, 2017, Updated February 2, 2021
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