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
Having Trouble Repaying Your Mortgage?
Many Canadian home owners battle annually to keep up with mortgage repayments and are met with issues in paying back their mortgage loans. Just lately, the Canada Mortgage and Housing Corporation (CMHC) launched a campaign to help consumers understand the need to assist lenders to seek out solutions to their repayment challenges. FamilyLending.ca is here to help you to understand … Read More
Mortgage Specifications for Below Average Credit
Did you have any issues with your hard earned dollars while you were younger? Perhaps you underwent an unpleasant separation and divorce, suffered a small business breakdown, or just struck an area of difficult employment? In any case, your credit score has suffered and you’re discovering it hard to acquire loans for your personal new residence purchase. Therefore, what’s an … Read More
Tips for Turning Your Home Into an Income Property
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
Making An Offer To Purchase A Home
As a first-time homebuyer, this is actually the moment you’ve been anticipating. You have discovered a home you love, and today it is time to make a proposal to buy. With all the investment going into this home, it’s a wise idea to leave the construction of your Offer to buy, also referred to as a legal contract of Purchase … Read More