How to Find Your Dream Home—in 8 Easy Steps. Figure out what you want in a home. You might be looking for something containing five bedrooms, three bathrooms and two cars. Decide how many rooms you need, how much outdoor space you need, and what other things you will need to feel like you're not ju

Is Moving Into a Condo When You Have a House Crazy? What is a condo? People often think they know what something means but then go on without actually understanding what it actually means, so to prevent that, let's go over what a condominium is. A condo is a type of living situation where the resid

A Quick Primer on Home Equity Once you own a home that you bought with a mortgage, you will have home equity. But what is home equity, what can you do with it, and what do you need to be careful about? What is home equity? Home equity is the difference between the market value of a home and any out

Should I Get a Reverse Mortgage or a Home Equity Line of Credit? Before we start, let's get the definition of a normal mortgage out of the way. Mortgages are loans given to people to purchase a property with. The money that you borrow is then repaid over several years, together with interest. To ge

Different Homes For Different Stages of Life. The Apartment Let's face it, most of us have been there. That first tiny apartment you share with your college roommates. The one-bedroom you're "settling" for because it's all you can afford and is close to the subway line that takes you to work. The d

Is Buying a Home Stressful? Short answer: of course. It's an emotional roller coaster with lots of money involved. Preparation can however make things so much easiest. Read on for some tips on how to stay cool and find your new home. The home buying process can be stressful People say moving is one

What Is Mortgage Refinancing And When Should I Do It? The process of refinancing your mortgage allows you to get a new loan for the same property, but with lower monthly payments, better terms or both. It can also be done to take cash out of your home's equity. That is if you have sufficient equity

All About Foreclosures. Before taking any concrete action, get in touch with a lawyer or counsellor. The following is meant to give you a quick rundown about foreclosed homes, financial institutions, and your options with regard to your mortgage lender. What is a foreclosure? When a homeowner falls

Is Buying a Fixer-Upper Worth It? Buying a fixer-upper can be a great investment because you'll have the potential to make more money off of it. Most fixer-upper homes are lower-priced houses because of the financial difficulty faced by the previous owner. These repairs and renovations can be costl

Buying A Home As A Single Parent The importance of buying a home There are many reasons why buying a home is important, but one of the most essential is that it can provide stability for your family. This is especially true for single parents, who often face more challenges and uncertainties in the

Signs That You Shouldn't Sell Your Home Right Now The housing market is on the rise, but that doesn’t mean you should automatically sell your home if there are any signs of a decline. Here are five tell-tale signs you shouldn’t sell your home right now. 1. The Market Is About To Decline The primary

25 Questions to Ask Your Real Estate Agent The last thing anyone wants is to buy a property that turns out to be structurally unsound or one that doesn't fit long-term expectations. With closing costs, the stress of the process for potential buyers and homeowners, the time that a home inspection ta

A Primer on Credit Scores And How It Affects Your Mortgage What is a credit score and what does it measure? A credit score is a number that is given to you by the three major credit bureaus - Equifax, TransUnion and Experian. It is critical in the mortgage approval process. This number is calculate

Three Not-so-obvious Things About Buying a House   A lot of people want to buy houses in Canada but don't know how many steps there are, where to start, and the legal requirements. This post will try to cover most aspects of buying a house and give you an idea about this process. Before starting wi