Renovating Before Selling – Is It Worth It?

familylendingFamilyLending.ca, Financial Tips, General Interest, Property Maintenance, Residential Mortgages

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

Changing First Time Homebuyers Demographics

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Housing Costs, Property Maintenance, Residential Mortgages

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

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

How to Build a Better Budget

familylendingFamilyLending.ca, Financial Tips, First Time Home Owner, General Interest, Household Budget, Investment Property, Mortgage Down Payment, Property Maintenance, Refinancing my Property, Residential Mortgages

There are many challenges when it comes to creating a solid financial plan. Whether you’re saving to buy your first home or hoping to invest in some property updates, now’s the time to focus on balancing your budget. The sooner you develop a realistic budget, the easier it will be to stick to, and the sooner you’ll be able to … Read More