Purchasing a home is one of the most significant investments and decisions many Canadians will make. Nevertheless, individuals in the market for a new home frequently encounter the decision of opting for either a recently built or an older property. By carefully considering the advantages and disadvantages of each choice, prospective homebuyers can arrive at an informed decision that aligns most effectively with their specific needs and financial circumstances. Let's explore the advantages and...
Going Solo? Tips for Single Home Buyers
Embarking on the journey of buying a home is an exhilarating experience. Yet, for those seeking to make the most significant purchase of their lives, it can also feel overwhelming. Buying a home as a single person can be intimidating, but we have some smart tips for single home buyers that will make the process much smoother.
With challenging conditions in the Canadian housing market this year, becoming a homeowner as a solo act can carry more stress from a financial perspective than if you were...
How to Save for a Down Payment While Renting
Renters across Canada have been struggling with rising rent costs and wondering how they will be able to save for a down payment while renting. However, with some money management tricks and modification to your daily living, you can save for a down payment. It might go slowly, but every little bit helps. Here are some tips to save for a down payment while renting.
1. Make a Budget and Stick to It
Making a budget is the easiest way to make your financial goals happen. When you...
What To Know About Buying a Fixer Upper
If you are a handyperson, or simply love old houses, then the idea of buying a fixer-upper home could be very alluring. Fixer-uppers often go for way below market price because of their condition, and you can invest time and money into renovating it exactly as you want. However, buying a fixer-upper is not for the faint of heart. Read our guide to buying a fixer-upper to learn more.
Your Life is Going to Be Disrupted During Renovations
No matter how large or small the renovations are, there...
What are Closing Costs? Canadian Real Estate Questions Answered.
What are the closing costs associated with a Canadian real estate transaction, how much are they and who pays? If I offer my agent a fruit cake, will they “take care of it” for me? First of all — fruit cake?!? When it comes to baked goods we recommend brownies, and when it comes to buying or selling a home, make sure you're conscious of all the closing costs that you’ll be accountable for.
Not sure what closing costs are? That’s okay. It can be challenging to keep up with everything...