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What’s the “Emotional” Return on Investment of a New Home?
Chances are, you’ve heard the expression, “Your home is your biggest investment.” For most homeowners, that’s true. So, when you’re shopping for a new home, it’s important to consider the financial opportunity of any purchase. Ideally, you want a home that is likely to increase in value over time. In other ...
Continue ReadingShould You Worry about Competing Listings?
Imagine you’ve been waiting for the right moment to sell your home and you’re finally ready to list it. But, just as you’re about to put up the sign, you notice that a few other FOR SALE signs have unexpectedly popped up in the community. Oh no! Now there are competing ...
Continue ReadingWhat’s with all these new mortgage rules?
Effective July 01, 2020, because of the uncertainty of the economy and consumer’s job situations, the government thought it best to further tighten the lending rules for CMHC insured mortgages. Here are the new rules in a nutshell: The minimum credit score that a homebuyer has to have in order to qualify ...
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