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
Create Value In Your Home
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
Things to Consider Before Buying a House
Buying a home is a big investment – both financially and emotionally. Make sure you’re properly prepared by considering the following things prior to submitting a purchase offer. Your Credit Rating If you aren’t aware of your credit rating, now is the perfect time to do a little investigating. Making sure your finances are in order is probably the most … Read More
First Time Home Buyer Mistakes to Avoid
Not Knowing What You Can Afford What the banks say you can afford, isn’t necessarily what you should spend on your first home. If you don’t already have a budget for your home hunt, now’s the time to start planning. The mortgage brokers at FamilyLending.ca recommend making a list of all of your monthly expenses (excluding rent, of course). Subtract … Read More
The Costs of Closing on a Home
Did you know that in addition to the downpayment and mortgage, you’re also responsible for any miscellaneous closing costs associated with your home purchase? These fees can vary in price, but all must be paid prior to taking possession of your home. If you’re currently in the market for a new home, now’s the time to consider these hidden costs … Read More