Whether you’re getting ready to buy your first home or are looking for a new investment property, there is much to consider when deciding the type of property you want to purchase. When making such a large investment, it’s important to know the difference so you can make an informed decision based on preferences, needs, and lifestyle. Especially because factors such as privacy, maintenance responsibilities, space requirements, cost, and community dynamics can vary significantly with housing type.
If you are self-employed and looking to arrange a mortgage for your home, there are a few additional pieces of information you’ll need to provide your lender. The process of applying for a mortgage isn’t all that different than it is for salaried employees, though there are a few key differences worth noting. Knowing these can save you some time up front and help you get the necessary paperwork in order. Here, our guide on how to get a mortgage when you’re self-employed.
Many factors go into buying a home: location, price, features, distance from work, and proximity to amenities are just a few. While interest rates may not always be top of mind, they too play a substantial role. For years now Canadians have enjoyed low interest rates, which is one of several reasons why the current real estate market remains so hot. Read on to learn more about how interest rates affect home values.
If you’re on the lookout for a new home, be sure to consider new build construction in your search. Builders know what appeals to homebuyers and put a lot of thought into the communities we create; you’ll often see intuitive, well-laid out floor plans and kitchen designs in new home layouts. Here are our top five reasons to buy a new construction home.
There has been much talk recently about lowered interest rates in Canada. If you’re having trouble understanding how this affects you personally as a homebuyer, don’t worry. In the following article we’re breaking down what the changes in the prime rate mean for you.
Grappling with the question of when and how to buy a home is something that faces many young people today. It’s no secret that home prices are rising, especially in Toronto. However, as prices rise, so does the value of homes, making homeownership a smart investment. Homes are an excellent asset since their market worth is all but guaranteed to increase and provide you with a return on investment. 2020 is set to be a great year for the Toronto housing market, so read on to learn why buying is a good idea!