The Real State
Consumer-focused blog gives clients and prospects a pulse on what’s happening in housing and rental markets, how to build home equity, and what they should know about new legislation affecting homeowners.
What You Need to Know About Selling Your Home Before Your Mortgage Term Ends
There are many reasons why you might decide to sell your home before your mortgage term is ...
How to Take Advantage of Canada’s New Mortgage Rules
Canada’s dream of homeownership is getting a revitalizing boost, particularly for first-time buyers and those ...
Home Inspection Checklist : What you should be looking for?
Home Inspection Shopping for a new home can be an exciting time for buyers. In ...
Should you use a Mortgage Agent / Broker
A common question for anyone looking to buy their first property is where to find a house and how to finance it which requires two people - Realtor and Mortgage Agent / Broker. Finally, you’re ready to get into the real estate market. You’ve been saving up for years, working on your credit score, and you feel it’s time to start the home-buying process.
Property Taxes ? Why do I pay them
As a homeowner, you’re responsible for paying taxes on your property that are used to generate money for public purposes in your area. Property taxes are charged by the municipality in which you live and are used to fund municipally-run services such as garbage, composting and recycling, road maintenance, snow removal, parks and recreational facilities, libraries, transportation and more.
What is Closing Cost and what should I expect to pay ?
Closing costs refer to a large variety of different fees and charges associated with the completion of your mortgage deal, including all legal and administrative expenses you’ll be responsible for paying leading up to, or on, your home’s closing date. It’s important to include these costs in your budget because, in most cases, they can’t be rolled into your mortgage payments.
The difference between House Deposit vs Down Payment
Two common payments that home buyers – particularly first-time home buyers – use interchangeably are “deposit” and “down payment”. We’ve clarified the differences below as these two payment types are not the same.
Non-Resident Guide to Buying Canadian Real Estate
Can I buy Real Estate in Canada as a Non-Resident / Citizen Canada welcomes home ...