Now that the dust has settled after the divorce, it?s now time to make that decision, should I buy a home or should I rent?
After a divorce, many would want a home of their own. After all, it would be better to build equity in a home than to throw away money on rent every month.
Does it make sense to jump right into the market so soon?
Divorced women have a more difficult time getting back into the real estate market then men, for a variety of reasons.
The gender gap
Statically men earn more ...
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at Tue, 15 Oct 2019 17:26:16 +0000
When selling a home during a divorce there are a few different options that a divorcing couple can decide on. It?s important to think about all the options that are available and to select the best option. Below are three of the most common options to choose from when selling a home during a divorce.
1. One of the spouses ?buys out? the other
One of the spouses takes over the full responsibility of the home. In order to do this, the spouse who is buying the other out will have to pay a lump ...
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at Sun, 12 Feb 2017 23:01:58 +0000
MORTGAGE DEFAULT INSURANCEIf you obtain a high-ratio mortgage (a mortgage where you pay less than 20% down payment) you will have to buy mortgage loan insurance from CMHC or a private company. If you qualify for a 5% down payment, CMHC charges an insurance fee that equals 3.75% of the mortgage. If you put 10% or 15% down, your insurance fees will decrease to 2.5% and 2% respectively. The insurance premium is usually added to your mortgage principal amount on closing, this way you do not have ...
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at Tue, 23 Sep 2014 21:57:40 +0000
A RealtorŪ, will be acting as your eyes, ears and voice throughout the Home buying process and acting in your best interests. A RealtorŪ will help you, have knowledge and have access to information that will make you make a smart buying decision. Some of those points are as follows:
? Represent you as a buyer
? Offer you all Comparable information to establish right price
? Educate you about the current market conditions
? Discuss and analyze your wants and needs ...
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at Fri, 19 Sep 2014 01:26:50 +0000
It is very important to find the right tenants for your rental property and avoid problems from the start. If you are a property investor and have rental properties or are looking to invest in a rental property here are some great tips to screening your prospective tenants.
http://www.biggerpockets.com/renewsblog/2013/01/27/tenant-screening/
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at Sat, 06 Sep 2014 18:12:23 +0000
Lighting is so important when showing your home to potential buyers. It sets the ambiance and mood created in the home and gives buyers the homey feel. Let the potential buyers imagine themselves living in your house.
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at Fri, 29 Aug 2014 19:09:58 +0000
Buying a home is one of the most biggest decision you will ever make. Choosing the right professionals to be on your team is very important. The following are the professional that should be on your Home Buying Team:
Real estate Agent - will help you find a home, write an Offer, negotiate a purchase on your behalf and help you throughout the whole proccess. Choose the agent you want to work with and don?t be afraid to ask questions.
Mortgage Specialist - choose to work with a mortgage broker ...
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at Thu, 12 Jun 2014 18:10:32 +0000
Consistent demand and high lease values in Vancouver's downtown office and retail property markets combined with low interest rates continue to fuel a sizzling investment market.
"I don't think I've ever seen the investment market this robust, vibrant and strong. We get multiple bids on everything and anything," says Ross Moore, director of research for CBRE Canada.
"There are so many groups that want to buy - every Canadian pension fund, and probably 30 Vancouver families that have been ...
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at Wed, 01 Aug 2012 15:54:21 +0000
Get the facts about selling your own home
1. Safety -Do you really know who's in your home? A professional Realtor tracks who goes through your home and when. A lockbox is installed so that only agents who register through John's office have access to the entry code.
2. Setting Price Too LOW - Market conditions can change daily. Without the proper comparable sales that a Realtor has access to it is very difficult to determine a true market value.
3. Setting Price Too HIGH - Almost all sellers ...
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at Thu, 18 Aug 2011 17:55:18 +0000
By Tony Wong | Tue Jul 19 2011
New home sales in the Greater Toronto Area are mirroring the heat wave blanketing the city.
Sales were up by a sizzling 53 per cent in June, representing 4,681 units, compared with the same month a year earlier of 3,050, according to figures released by RealNet Canada Inc. Tuesday.
Much of the increase was due to condominium sales, which have powered the new home market. Nearly two thirds of all sales in June were condos, up from the historical norm of about 40 ...
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at Mon, 15 Aug 2011 22:47:49 +0000