How to Make Wealth-Building Real Estate Decisions

familylendingAbout Mortgage Brokers, Credit Rating, Financial Tips, First Time Home Owner, General Interest, Housing Costs, Investment Property, Real Estate Advice

It’s a sad but stark reality: when buying real estate, far too many Canadians fail to take the basic precautions or perform standard due diligence prior to submitting an offer. Instead of running the numbers, comparing mortgage rates, and consulting with a professional mortgage broker, home hunters are simply throwing caution to the wind and diving into the housing market … Read More

Are Your Ready to Buy?

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Household Budget, Housing Costs, Investment Property, Mortgage Down Payment, Mortgage Term, Mortgage Types, Residential Mortgages

You’ve had it with your roommates and you’ve had it with paying rent. You’re ready to move out and you’re seriously considering taking the leap into homeownership. But just because you want to buy a home, doesn’t mean you should. Before you start planning your housewarming party, take a minute to sit down and consider everything that comes along with … Read More

Tips for Turning Your Home Into an Income Property

familylendingFamilyLending.ca, First Time Home Owner, Household Budget, Investment Property, Property Maintenance, Residential Mortgages

For years, people across Canada have been turning run down, old properties into money, by transforming homes into income properties. Although most people who watch home renovation or real estate television shows can picture themselves quickly fixing or transforming a property for a financial return, it isn’t always that easy.  If done correctly however, renovating your first home to become … Read More

Create Value In Your Home

familylendingFamilyLending.ca, Financial Tips, General Interest, Investment Property, Property Maintenance

With regards to return on your investment in a home renovation, people always want to know exactly what improvements will raise the value of their property by far the most. The easy answer is, revenue suite, however there are more tactics along with makeovers that have good dollar for dollar return also. Thinking long-term as well as beating the market … Read More