The Risks and Rewards of Homeownership
The Risks and Rewards of Homeownership. Homeownership is a big decision - one that comes with both risks and rewards. Risks include the possibility of your home depreciating in value, having difficulty selling it when you need or want to, or being forced to move if you can't afford the mortgage pa
Read MoreWhat's The Smartest Move When The Housing Bubble Bursts?
What's The Smartest Move When The Housing Bubble Bursts? The housing bubble burst will have the effect of a tidal wave on the Canadian housing market. Are you prepared for what that means? There's a Canadian real estate bubble? Depending on when this goes live, it's either just burst or it's still
Read MoreWhat You Should and Shouldn't Compromise On When It Comes To Real Estate
What You Should and Shouldn't Compromise On When It Comes To Real Estate. First-time homebuyers enter a complicated world when it comes to real estate. Everyone has their dream home but between them and those floor-to-ceiling windows overlooking the ocean are property taxes, other prospective buye
Read More8 Questions To Ask Before Buying a Property
8 Questions To Ask Before Buying a Property. It's normal to have questions before buying a property but they range from strange, like asking if the house is haunted, to the essential like asking about necessary repairs. Read on to find out some of the questions you need to ask before getting ready
Read MoreHow To Save, Earn, and Spend More With Your Property
How To Save, Earn, and Spend More With Your Property Owning real estate is incredibly advantageous but most people don't optimize their properties. To reach your financial goals quicker, check out some of these tips to find out what you can do once you've got the keys to your new house or condo. H
Read More5 Things To Do If You're Struggling To Sell Your Home
5 Things To Do If You're Struggling To Sell Your Home There are a thousand issues that contribute to you struggling to sell. Home values rising and rising might have made you price your home inappropriately, some renovations can make your home unappealing, or the market conditions have made buyers
Read MoreMoney-Saving and Money-Making Ideas For Your Home.
Money-Saving and Money-Making Ideas For Your Home. It can feel like the only way to get more out of your house is to knock down all the walls and start again. Thankfully, that's not the case. There are lots of small things you can do that can increase the value of your home quickly. If you were won
Read MoreThe Hard Truth About Flipping Houses
The Hard Truth About Flipping Houses. Flipping houses for a living seems attractive at a glance. You buy a house, embellish it, and sell it for a profit. You're your own boss, you get to use your hands, and you work on your own timeline. Still, is it for everyone? House flipping can yield a huge p
Read MoreThe Potential Pitfalls of Buying a Condo
The Potential Pitfalls of Buying a Condo. Condos are a great middle-ground between apartment living and a single-family home. A condo unit in the heart of a city can be a smart move to build equity while still getting to enjoy city life but that doesn't mean that it's free of risk. When considering
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How To Win a Bidding War. In real estate, bidding wars are not rare. In a competitive market, buyers looking for their perfect home can drive prices sky-high. But what is a real estate bidding war? Should you get into one in certain market conditions? And, more importantly, how do you win one? What
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Divorce and Real Estate Divorce is not easy, and it gets more complicated when the separating spouses own real estate together. Between dealing with excluded property, figuring out how to factor in the fair market value when dividing family property, and managing new mortgage payments, the added st
Read More 4 Easy Ways To Tell if a Property is Overpriced
4 Easy Ways To Tell if a Property is Overpriced. Given real estate market trends, a question that's becoming more and more common is "how can I tell if a house is overpriced?" and it's a fair one. As a prospective buyer, one thing you want to be wary of is the danger of overpriced homes. It's a cat
Read MoreIs a Semi-Detached Home Worth It?
Is a Semi-Detached Home Worth It? In Canada, our housing situation is all over the place. The pandemic created a bump in the cost of building materials and that bump is being passed all the way to people looking to buy homes. If it was only that our problem would be relatively simple, but when you
Read MoreBuying an FSBO Home - A Good Idea?
Buying an FSBO Home - A Good Idea? A For Sale By Owner (FSBO) home is a home that is for sale by the owner. This means that the owner is selling the home without the help of a real estate agent. A seller will put their home on the market, but not usually through the traditional multiple listing ser
Read MoreHow to Find Your Dream Home—in 8 Easy Steps.
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
Read MoreWhat Are The Worst Mistakes New Buyers Make?
What Are The Worst Mistakes New Buyers Make? What are the worst mistakes when buying a house? The home buying process is stressful, from house-hunting to signing on the dotted line. It's a financial, legal, and emotional process that involves tens of thousands of dollars just in processing fees alo
Read MoreIs Moving Into a Condo When You Have a House Crazy?
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
Read MoreShould You Buy A Home Before or After Retirement?
Should You Buy A Home Before or After Retirement? When retirement nears, people start thinking about what to do about houses. Renting may have worked for you earlier but with rent increases and when no long-term lease seems to guarantee some sort of rent control, it may sound like your expenses wil
Read MoreHow To Avoid Buying a Bad Investment Property
How To Avoid Buying a Bad Investment Property. Be realistic about your budget. Real estate investments are very attractive but being a real estate investor requires a lot of upfront money. You'll need quite a lot of financial flexibility and a sound investment strategy figured out before you start
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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
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