Purchasing your first home can be tough, especially when it comes to scrounging up a sizable down payment. In Canada, you must be able to cough up a 20% down payment in order to avoid purchasing costly mortgage insurance. If you’re struggling to find enough cash to meet this requirement, don’t throw in the towel quite yet. Under the Home … Read More
Housing Types
From townhouses to triplexes, there are numerous types of properties available to Canadian consumers. Not sure what layout works best for your family? Then check out our explanation of typical housing types below. Your mortgage payments and regular monthly bills may change depending on the kind of house you acquire, therefore it is vital that you carefully weigh the pros … Read More
Renovating Before Selling – Is It Worth It?
Before putting your property on the real estate market, many home buyers ask whether or not their home would probably gain value from the home renovation. It could, but there will be things you need to take into consideration prior to finishing home renovations. Expertise vs. Passion It’s simple to get up to date watching home renovation episodes on … Read More
Benefits of Mortgage Default Insurance
Advantages of Mortgage Default Insurance Obtaining mortgage default insurance coverage is absolutely essential whenever you purchase a house as well as borrow more than 80% of the house’s worth. Mortgage insurance provides several advantages in the home buying process. First, it enables home buyers to get mortgage loan financing for a home using a small downpayment. This can be granted … Read More
Changing First Time Homebuyers Demographics
The demographics of first time homebuyers has noticed a considerable change in the past few years. Specifically, more single ladies are able to obtain property by building up their own personal equity and with significantly less focus on holding out to find a life companion. This means that, more single ladies are stepping into homeownership than have been in earlier … Read More