So you’ve decided you want to stop paying rent and buy your first home. You’re not alone. With interest rates at their lowest in decades, many people have discovered that mortgage payments can be significantly lower or at least comparable to the rent they are currently paying. Making the decision to become a homeowner is…
When buying a home, the neighbourhood you select will not only play a pivotal role in your family’s life, but in the resale value of the property. One person’s ideal neighbourhood however may vary greatly from another’s. But, regardless, there are some needs and wants that generally do not change. The distance from your new…
New homeowners often find there’s more to keeping up a house than cutting the grass and clearing snow from the driveway. Tools To start with, a new homeowner needs to have on hand a ‘basic tool kit’. A number of basic tools are a must C a metal hammer, screwdrivers with a variety of heads,…
The one thing about participating in the real estate market that confounds most consumers is the terminology and jargon that must be learned. But, as with any business, in order to be successful as a buyer or seller, it is necessary to become familiar with certain concepts and words. The real estate business is somewhat…
Arranging your mortgage doesn’t have to be a baffling experience Buying a home today is an extremely attractive proposition. Interest rates are at their lowest in decades and the housing market is full of homes to suit just about any budget or family requirement. Still, you’ll inevitably have to deal with financing and this will…
With today’s low interest rates, deciding to buy a home is one of the best decisions anyone can make. Financing such a big purchase, however, often means combining savings with money borrowed through a financial arrangement, commonly referred to as a mortgage. Mortgages allow you to pay back the principal, or amount borrowed, plus interest,…
