Key Things to Avoid After Applying for a Mortgage
Posted on Jul 26, 2022 in Mortgages
You’ve assessed your finances and the housing market, and researched the various financial options open to you and your household. Then, you took the leap in applying for a mortgage – quite possibly the most significant money-related decision of your life. Now you play the waiting game.
This waiting period is perhaps one of the hardest parts of the...
This waiting period is perhaps one of the hardest parts of the...
10 Places Where You Can Get a Home for Under $200,000
Posted on Jul 25, 2022 in Market Conditions
The average sales price for a home in the Canadian real estate market is around $740,000. Even when Toronto and Vancouver are removed from the equation, house prices are still more than $600,000. But believe it or not, there are still some places where you can buy a home for under $200,000.
When the down payment, land transfer taxes, and the plethor...
When the down payment, land transfer taxes, and the plethor...
How Do Mortgage Brokers Get Paid in Canada?
Posted on Jul 22, 2022 in Mortgages
When purchasing a home, one of the first steps is finding out just how much mortgage you can afford. The mortgage amount is determined on several factors, such as how much debt you carry, what your income level and if you pass the mortgage stress test. Prospective buyers often consult with a number of lenders to find the best mortgage rate availabl...
What Happens When a Buyer Backs Out of a Real Estate Deal?
Posted on Jul 21, 2022 in First-Time Buyers
When housing markets begin to cool after record highs, some homebuyers get cold feet. Imagine you buy a home for $1.2 million. When it comes time to close after you have signed your purchase agreement, you notice a comparable home down the street sells for $855,000. What happens when a buyer backs out of a real estate deal?
Some homebuyers choose to...
Some homebuyers choose to...
The 6 Best Places to Buy Real Estate in Alberta in 2022
Posted on Jul 20, 2022 in Market Conditions
Soaring home prices across Canada can be worrying to some real estate investors. However, while places like Toronto and Vancouver have reported record highs, many markets in Alberta have risen more moderately. Here are some of the best places to buy real estate in Alberta, if you’re in the market.
6 best places to buy real estate in Alberta in 2022...
Five Important Factors When Buying a Cottage
Posted on Jul 11, 2022 in Moving & Relocating
If you’re considering buying a cottage in Canada and have been watching the market, you already know this market segment has seen a surge in competition between buyers over the last decade. In recent years, cabins and cottages have been in high demand, as interest in renting out personal properties for extra income has become more accessible throug...