3 Questions to Ask Yourself Before Buying a Home
Posted on May 06, 2019
So, you think that you found the property that best fits your needs? Below are three questions to ask yourself that will help you make a very informed decision when it comes time to start looking for homes.Are You Aware of the Monthly Costs?
Not only is there the cost of the down payment, but there are also the mortgage payments when it comes to own...
Helpful Tips to Help Maximize Your Kitchen Space
Posted on May 06, 2019
In a small kitchen, it is always best to maximize the use of storage space. One thing to think about is installing ceiling height cabinets and when it comes to corner space try to use corner cabinets.Play With Angles
A good way to make use of space in the kitchen is to use a corner sink or cabinet. With all the new technology available, it is easy t...
First-time Homebuyers and the Stress Test
Posted on May 06, 2019
One of the bigger developments in the real estate industry in Canada was with the introduction of the new rules from the office of the Superintendent of Financial Institutions and how they will now require all homebuyers taking out mortgages from lenders to pass a “stress test”.Meaning that any buyer that goes into one of Canada’s big five banks (B...
Helpful Steps for Budgeting & Saving for a Down Payment
Posted on May 06, 2019
Starting to think about budgeting for a house? Here are some helpful tips and steps to make sure you are saving that money towards a down payment:Goals
It is most likely not going to happen overnight, so why not break your target into smaller targets that are realistic. When it comes to paying yourself, maybe do this first before paying off expenses...
Why Should I Work With a Real Estate Professional?
Posted on May 06, 2019
With so much information available online you might be wondering to yourself “why do I need to hire a Real Estate professional?” Education and Experience
If you hire a real estate professional you don’t need to know about buying and selling real estate. The trick is to hire someone that you feel is the right fit. For the most part all real estate ag...
Qualifying for a Loan
Posted on May 06, 2019
When qualifying for a loan, your lender will always look at the 5 Cs, I’ve listed them below, so be sure to have a look to see how the 5Cs can help with getting approved for a loan. 1 Credit history - Your lender will want to make sure when you've borrowed money, you've paid it back, they may also look at your credit score. Generally, the higher the...