Selling Your Home Before Your Mortgage Term Ends
Posted on Apr 28, 2023 in Mortgages
There are a variety of reasons that you might choose to sell your home before the mortgage term ends. The most common reason is that you are moving to a new location or that your family situation has changed, with the addition of children or adult children moving out. In all these cases, your home no longer meets your needs, and you may want to bre...
Can I Use Life Insurance for a Down Payment?
Posted on Apr 20, 2023 in Down Payments
Buying a home is a significant investment that requires careful financial planning. One crucial aspect of buying a home is making a down payment, and coming up with one tends to be a source of stress for potential homebuyers. While there are various ways to save for a down payment, you may wonder if you can use your life insurance policy to help co...
What Is the Difference Between An Exclusive And Non-Exclusive Listing Agreement?
Posted on Apr 18, 2023 in First-Time Buyers
When diving into home ownership, you may notice words and terms flying around that you don’t understand. To avoid overwhelming you with the ins and outs of the real estate language, let’s start by talking about the difference between an exclusive and non-exclusive listing.
An exclusive listing agreement grants the real estate agent sole rights to se...
How to Flip a House
Posted on Apr 06, 2023 in Housing Trends
Location is critical for both purchase and resale prices, as purchasing a home in a great neighbourhood will result in buyers also wanting to be in that neighbourhood. Also, remember who your target buyer is going to be. Knowing the liveability factors of the area you choose will play a significant role in how you renovate and market your flipped h...
73% of Canadians See Home Ownership as a Good Investment
Posted on Apr 04, 2023 in Market Conditions
Is the Canadian real estate market still a great way to invest?
Over the last year, it has been a challenging time trying to navigate Canada’s housing sector. Since the Bank of Canada (BoC) started raising interest rates this past spring, home sales and prices began retreating from their pandemic-era boom.
In November, national home sales tumbled by...
Over the last year, it has been a challenging time trying to navigate Canada’s housing sector. Since the Bank of Canada (BoC) started raising interest rates this past spring, home sales and prices began retreating from their pandemic-era boom.
In November, national home sales tumbled by...
5 Things You Need to Know About Living in a Mobile Home
Posted on Apr 03, 2023 in First-Time Buyers
A mobile home, sometimes called a manufactured home, is made entirely in a factory and moved to the desired location instead of contractors building the home onsite. Mobile homes are not necessarily truly mobile since they are semi-permanent but have mobile capabilities when necessary.
Most mobile homes in Canada are either single-wide or double-wid...