It’s no surprise that purchasing a home is an expensive venture. While owning will often end up costing you less than renting, the laundry list of fees can feel overwhelming at first. As your go-to central Alberta mortgage brokers, we know that knowledge is power. Being prepared for the costs can help you budget for [...]
Whether you are buying or selling your home, it’s likely that you are going to experience a certain degree of back and forth when it comes to sealing the deal. This is a completely normal part of the real estate process, so don’t get discouraged! If you’ve received an offer and aren’t yet willing to [...]
After you’ve chosen what house you want to call home, the next most important decision is whether you want a variable or fixed rate mortgage. Like anything when it comes to your finances, the choice is not cut-and-dry. Some people will benefit more from one over the other, the tricky part is deciding which is [...]
There are many reasons to invest in a second property. Whether you want a cozy vacation home, an income-generating rental property, or a house for your relatives to live in, there are some considerations you will need to make before signing the mortgage papers. Make a Clear Goal Goal-setting isn’t just for Tony Robbins junkies, [...]
Purchasing a home is an investment which spans a good chunk of your life. It’s unlikely that you’ll be in the same financial situation at the beginning of your mortgage as you are the day it’s all paid off. Life happens. Whether that’s having a baby, retiring, or all the stuff in between, your life [...]
If you’re looking to purchase a home, you’ve probably come across a plethora of choices. The first decision you will need to make is whether you are looking for a detached house, a duplex, or a townhouse. This will help you narrow down your search and a home that fits your unique needs. This week, [...]
You’re looking to sell your home, but it’s obvious that the place needs a little bit of sprucing up before it’s showhome ready. Aside from increasing the aesthetic appeal of your home, some renovations can actually bring value to your property. Here are 4 renos that will offer you the biggest bang for your buck: [...]
There are quite a few costs that new homeowners don’t account for over and above their normal monthly mortgage payment. From closing costs to interest rates, it can feel overwhelming. One of the ongoing expenses you will likely need to budget for is CMHC mortgage insurance. In this week’s article we are going to discuss [...]
This year is your year. You’re ready to take the leap and purchase a home. Now that you’ve decided to buy, it’s time to determine how much you can actually afford. Unless you’ve won the lottery or just found out that your super wealthy great uncle left you his fortunes, chances are that you’re going [...]
There’s a lot of information floating around the internet regarding credit and what it should look like. For potential homebuyers it can be confusing to sift through all the articles when all they really want to know is what lenders are looking for in a credit report. The answer does involve a few formulas, but [...]
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