An often overlooked cost associated with buying real estate is the transactional cost. As a first-time homebuyers purchasing a home with the minimum 5 percent down payment, it’s easy to forget to put enough money aside to cover closing costs. Here’s a fact that may shock you – closing costs can amount to anywhere between […]

Jelani Smith is the founder of Bay Street Blog, a financial hub that aims to help Millennials expand their knowledge on personal finance, real estate, and self-directed investing related topics. Jelani bought his first home at the young age of 21, in his third year at University of Toronto, which he occupied shortly after graduation. […]