If you are thinking of buying a home, it's crucial to examine the main advantages and disadvantages to determine whether now is the right time for you.
One of the biggest financial and rewarding decisions you will make is buying a home. It pays to address the main advantages and...
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Once you've decided that you are ready for homeownership, you need to determine if you are financially ready. How do you know if you can really afford to own a house and all the costs that go with it? You can start by reviewing your financial condition. Test yourself with some financial...
You will need to plan ahead to calculate closing costs when buying a home. There are additional expenses that do not relate directly to the transaction itself, including legal fees and disbursements, provincial land-transfer filing fees and property purchase taxes. Other potential expenses...
You need to think about your current and future needs before you start searching for a home. Now that you are ready to buy, learn how to find the homes with the right size, price, neighbors, schools, location, services - and much more. Here are some things to consider:
The home buying process can be long, time intensive and a whole new learning process. This is why you'll want a team of professionals helping you along the way.
The Real Estate Agent
Finding the right team of professions to help you throughout the process of...
Once the decision to buy a home has been made, and you figure out what you can afford to pay for a house and obtain a pre-qualified mortgage, you are ready to start your search. Use all resources available in looking for homes:
Making an Offer to Purchase
You have found a dream house and you want it badly. Your first urge is to rush in and BUY your new home. If you are a first time purchaser, however, writing a purchase contract can be a scary step. Your real estate agent will help you through...
Get the final word on finalizing the sale! Closing refers to the preparation for the transfer of the property ownership from the seller to the buyer. Your real estate agent will tell you the customary method for closing in your area, and help lead you through the process.
Finding and purchasing your home can be exciting and overwhelming. You may be relieved once you finally take possession of your new house but be aware that the financial responsibilities of homeownership are just beginning.
Whether monthly, biweekly or weekly, be sure that you always...
Once you've finally settled in, home maintenance and repair is an inescapable part of home ownership. Therefore, it is always a good idea to be familiar with predictive and preventative maintenance for your every day household necessities, such as plumbing and electricity.