September 2017

Found 3 blog entries for September 2017.

What to Know About the Down PaymentMany home buyers who wish to buy a property will save their down payment for years in advance. Once some money has been collected, it's important to know how much is enough. Knowing when to stop saving and when to start buying is a multi-step process that takes research.

How much is needed for a down payment?

The minimum down payment for a house of $500,000 or less is 5 percent. For homes that cost over $500,000, the down payment must be 5 percent of 500,000, plus 15 percent of everything over $500,000.

How do you know if you have enough?

In addition to the amount that the home buyers have saved for their down payment, home buyers must also meet minimum debt to income qualifications. The best way for many home buyers to find out whether

906 Views, 0 Comments

What to Know Before Buying A Fixer UpperBuying a fixer upper home can be a big commitment. When a home needs major renovations, the owner needs to decide if they will do improvements themselves or hire contractors, and both involve careful budgeting of both time and money. Doing research before taking the plunge can help prospective homeowners decide if the home they would like to buy is right for them. These tips will help make the decision easier.

Get A Home Inspection

Home inspections help home buyers go into the purchase with eyes wide open. Start by looking for a good home inspector who will be able to thoroughly go over the house and point out the most noticeable or expensive repairs. Some good ways to find a home inspector include:

  • Asking for referrals from people who
637 Views, 0 Comments

How to Show Your Home For The Best Buyer AppealPreparing a home for the selling process often is overwhelming, a daunting task with seemingly endless lists of things to do, particularly the home showing. More than 500,000 residential Canadian properties were sold in 2016, a record-breaking housing market, reports The Globe and Mail. For sellers looking to attract the right buyer, it's essential to prepare the home properly. In a busy housing market, sellers need to show off their home to the best of their ability.

Declutter

Even a spacious home can feel small if it's filled with clutter. Even before the home is listed, begin cleaning and decluttering—these two tasks go hand-in-hand. Consider storing countertop appliances like the blender and slow cooker in a cabinet out of sight. Hallways

547 Views, 0 Comments