So you’ve finally decided to buy your next home. Problem is while you were making up your mind, other fence sitters jumped into the home market too. Now you may be facing some competition for the best properties. What to do? Just because there are other buyers in the market doesn’t mean you can’t come away with your dream house. But to be a successful buyer in today’s real estate market you’re...
No matter which way you look at it buying a home is a major investment. For many homebuyers however, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either: paying too much for the home they want, or losing their dream home to another buyer, or (worse) buying the wrong home for their...
Whether you’re looking to buy your first home, or trading up to a larger one, there are many costs – on top of the purchase price – that you must figure into your calculation of affordability. These extra fees, such as taxes and other additional costs, could surprise you with an unwanted financial nightmare on closing day if you’re not informed and prepared. Some of these costs are one-time...
From basement suites to full houses, renting is a huge business in this country. If you currently rent, you know that paying out those hundreds of dollars every month to line the pockets of your landlord is not a pleasant task. However, like most renters you probably feel stuck in a home that isn’t even yours simply because you can’t save up that down payment for your own home. This report contains...
A Toronto-based credit union has upped the ante in the spring mortgage market rate wars, a development that is likely to make the country’s most expensive markets even hotter. Though the term is only for 18 months, Meridian, Ontario’s largest credit union, has offered what appears to be one of the lowest rates ever on a fixed term at 1.49 per cent. Rob McLister, the founder of ratespy.com, said...
As lively as Toronto’s real estate market has been so far in 2015, this is the week that activity really starts to intensify. With Easter, Passover and March break all behind them, prospective buyers have more properties to look at in every price segment – from downtown condos to a 16,000-square-foot Forest Hill mansion that hit the market with an asking price of $18.8-million. Not only are listings...