House owners discover very a few distinct factors to move-up, ranging from the basic need for much more square footage to make room for a growing household to the wish to have a greater neighborhood or even just taking advantage of the option of increased income to...
Purchasing is a Process NOT an Event First of all, it’s important to understand that purchasing a house is a process not an Event. People generally don’t wake up one morning, without any preamble, and go buy or sell a house. lnstead, the decision to buy and sell an...
Your home is likely your largest asset, so selling it may be the biggest financial move you’ve ever made, one that requires significant thought and strategy. However, once you’ve entered the market, the process may move very quickly: your property has the best chance...
Are you ready to buy? here are some tips to make a budget before buying a house. MONTHLY HOUSEHOLD BUDGET Creating a Budget for Your Family If you find yourself falling behind on your monthly payments, then it’s time to start learning some of the...
Mortgage Professional There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in...
Hire an AgentI am an agent, I believe in hiring a buyer’s agent first. But you don’t have to if you prefer to go to open houses and look through a mumbo jumbo of homes online. Mostly, an agent will save you time. An agent can send you listings directly from MLS that...
REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value...
Why rental income properties make a sound investment? There are a number of reasons of why real estate and rental income properties specifically make a good investment, but here are few basic reasons: i) You are leveraging and using Other People’s Money The beauty...
How can I find out how much my house is worth? There are no comparable homes in my area. This may be a bad sign for you, especially if you think your house is worth more than other houses in your neighborhood. Homes maintain their value better if the neighboring...