June 2022

What Does a Real Estate Lawyer Do?

Posted on Jun 15, 2022 in First-Time Buyers

What Does a Real Estate Lawyer Do
The world of real estate can be a little confusing. With so many players involved in the process of buying a home, keeping everyone’s role straight can be a little challenging. However, by educating yourself on what each professional does and how they can each help you on your home-buying journey, you can make sure that you get the best experience...

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How Does Your Credit Score Affect Your Mortgage Interest Rate?

Posted on Jun 09, 2022 in Mortgages

How Does Your Credit Score Affect Your Mortgage Interest Rate

It takes credit to build credit ­– most of us have heard this at some point in our early years of adulthood. Some of us heard it when we got our first credit card; others when they went to apply for a loan of some type and realized they didn’t have a credit score. The crux is that while it takes credit to build credit, it also takes credit to destr...

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Owning Is More Affordable Than Renting in Most of Canada

Posted on Jun 08, 2022 in Market Conditions

woman wondering is it better to buy or rent a home

Is it better to buy or rent a home in today’s sizzling real estate market?

Because the barrier to entry in Canada’s housing sector has intensified over the last couple of years, many prospective homeowners have given up on the dream of homeownership, choosing to maintain their renter status. Even when they save enough for a down payment, the minimum...

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The Lowdown on Private Mortgages

Posted on Jun 06, 2022 in Mortgages

private lenders

Some prospective homebuyers are turning to private mortgages in this red-hot Canadian real estate market. A private mortgage is a home mortgage from a private individual or company that is not a federally regulated financial institution. In an environment of historically low-interest rates and strengthening demand for limited residential properties...

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Tiny Homes: Life in 400 Square Feet (Or Less!)

Posted on Jun 01, 2022 in Housing Trends

Tiny Homes
On the surface, tiny homes offer a practical solution to a rising problem among many who want to own a home but can’t get their foot in the door: rising prices. According to the Canadian Real Estate Association, the average Canadian house price has surpassed the $800,000 mark; however, a tiny home can be purchased or built for less than $200,000. P...

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