How Much of a Down Payment Should You have for a Rent to Own Property?
Many people who are still renting and dreaming of that one day when they will enter home ownership have heard about rent to own homes. These homes allow you to move in, make a monthly payment just as you would with either a mortgage or rental agreement, but a portion of that rent is reserved…
Read more‘Walkability’ is the New Driving Factor behind Property Values
“Walkability” is the new word when it comes to what buyers are looking for when they’re evaluating properties. But what is walkability? And where are the most “walkable” neighbourhoods in Canada? The term “walkability” refers to the amount of amenities in any one particular neighbourhood, and the accessibility of those amenities to community residents without…
Read moreNumber of People Intending to Buy Homes Sees Biggest Drop in 20 Years
What’s being touted by some as “disappointing,” may actually be a sign that buyers today are willing to hold out, either for lower prices, or for a time when the market seems more favourable to them. Recent results from an RBC survey show that only 15 per cent of those surveyed plan to purchase a…
Read moreHow to be a Buyer in this Spring Market
We talked yesterday about how to be a home buyer in the spring, and about how to prepare yourself financially, as well as what to look for in a home. But in addition to just having things like your finances in order, you also need to get yourself in order too. You need to know…
Read moreHow to Buy a Home in the Spring
If you’re like most home buyers that are going to be out on the Canadian housing market this year, the chances are good that you’re going to do so in the next couple of months – spring is undoubtedly the busiest time of the year in this market. So what can you do to get…
Read moreTo Build or Buy Your Home? The Pros and Cons of Each
When you’re looking for a new place to call home and you know you want to buy a brand new one, you have two options: you can search the market looking for that one that seems as though it was made for you, or you can build one that actually was. So, what’s the best…
Read moreThe Biggest Mistake to Avoid with Rent to Own Homes
We’ve talked about rent to own homes a couple of times before. With a rent to own home, typically a renter signs into an agreement with the current owner of the home that they will rent the property for a short while, before purchasing the home outright. While renting, the renter pays a small percentage…
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