Do you have plans of listing your home for sale? In that case, you would be aware of the need to host an open house. The experience of inviting strangers to look at your home can either be fun or absolutely dreadful. However, it is a critical part of the selling process. Hence, the next question is whether you must stick around or disappear when potential buyers visit your home? Here are some of the options. The Best-Case Scenario For the majority of buyers, the expectations... [read more]

Buying a home is a huge milestone in one's life. It is a decision you make by considering your circumstance based on where you are financially and emotionally. However, with what is happening in the rental market, now is an excellent time to buy.   So, What's going on in the rental market? The cost of rentals has grown at its fastest pace ever in the last three decades. The national median monthly rental price is now over $2,000 for the first time ever. The monthly rent... [read more]

In Canada, various programs are available for first-time homebuyers, with the aim to help make buying your first home easier.  RRSP Home Buyers’ Plan If you haven’t purchased a home within the last four years (or lived in a spouse’s home in the same timeframe), you may qualify for the RRSP Home Buyers’ Plan. With this plan, you may borrow up to $35,000 tax-free from your RRSP to fund your down payment. Just keep in mind that the money must be in your RRSP... [read more]

Are you considering listing your house or condo for sale? Obviously, the seasons tend to play a crucial role in the business of the real estate market. When the weather is nice, the real estate market usually booms, as buyers spend a lot of time touring open houses and finalizing shortlists. A lot of markets become slow in the winter. However, buyers do not disappear completely.     This article discusses why selling your home in the winter is better than waiting for the... [read more]

Dear Readers, Today, I am discussing something that you absolutely need to know… Otherwise, there are possibilities you’d end up closing the deal that you should not. So, it’s critical for you or any home buyer to understand this concept…  I’m talking about home appraisal… An appraisal is an unbiased professional opinion from a professional appraiser about the value of a home… … and is used whenever a mortgage is... [read more]