purchase Tag

Many of our blog posts have addressed closing costs when it comes to the home buying process. We’ve also mentioned the Purchase Plus Improvement program and how homeowners can benefit from it. However, there is another group of costs homeowners sometimes underestimate: home improvements. According...

When you ask for a mortgage, you are really telling the lender you will make every payment on time and in full at each billing period, whether it is a monthly, semi-monthly, accelerated bi-weekly or weekly payment. If you don’t make these payments, there are...

A Notice of Assessment, also known as NOA, is a statement from the Canada Revenue Agency notifying the taxpayer of the amount of tax they owe, if any, the amount of tax already paid, if any, tax credits received and contributions to a Registered Retirement...

A starter home is a “somewhat” small house or condo that meets the requirements of young people buying their first home.  This is usually the case for the vast majority of young people (single or couples).  So, what should be your priorities if you are...

Here’s the thing: closing costs are the one element people tend to forget or know less about in the entire home buying process.  We’ve written a few blog posts where we mention closing costs and what they entitle. This particular post aims at answering the...

One aspect we often forget consider when hunting for the "dream home" is the neighbourhood. So, before you begin looking at houses, narrow in on your chosen location. Someone once said that the houses are like spouses and that the neighbourhood is like the extended...

You have purchased a home. The moving day is fast approaching. Have you considered all the costs? We decided to write this blog post to help every homebuyer budget for the costs - the obvious and the hidden ones - related to moving.  What are the...

We all know the homebuying process is a complex task. From saving for a downpayment to finding the home of our dreams many steps need to be taken.  We often tell people to budget on a monthly basis and to try to cut on certain...

We keep coming back to this topic of credit. It’s a crucial aspect for anyone planning for homeownership. However, similar to most things in the financial side of life, you need to be careful when building your credit history. It is very easy to get...

The home buying process can be exciting and very stressful at the same time. You know, you are preparing to make perhaps the biggest investment of your life and you want to make sure you get the house of your dreams that you work so...