What Comes First, Buying or Selling Your Home?

Buy or Sell First?

It can be said that this is the chicken and egg question of the real estate world. If you already own a home and are planning to move to a new one then you will get stuck on the same question. Should you buy a house first and then sell your house or should you sell your house first and then buy one? Ideally, you would be buying and selling them at the same time, but that maybe harder than it sounds. It can take months to buy or sell a home which puts people in a predicament.

There is no single answer to the question which will be right for everyone; the right answer depends totally on the market and your own personal situation.  Below are a few tips that hopefully help you at least get you started with your decision. Continue reading

Make college more affordable by buying your kids a house?

college fund

Few things in this world make parents more proud than the ‘acceptance letter’. After some ups and downs through high school, cramming, guidance counselor visits, and writing application after application, one day it arrives. Upon realizing that your little girl/boy has just taken a major step in their lives, tears of pride and joy are bound to start flowing. However, unless little Einstein managed to also secure a full scholarship, the tears of joy quickly turn to the dreaded “how are we going to pay for this”? Thankfully, there may be an answer. Continue reading

Will increasing property values in Durham Region mean more taxes for you?

Are your property taxes increasing? Durham Region

The number of people who hate property taxes is much more than the number of people who understand property taxes. The mistake most people make is that they think property taxes work just like other taxes; however, the reality is that property taxes are very different from any other type of tax. The housing market is a growing at an unprecedented rate right now and this could end up having a large effect on your property taxes. Let’s go through what Property Taxes are and how they work. Continue reading

Pint Size Living: Tiny Houses Taking Off

Pint Size Living. Tiny Houses taking off

Tiny houses have become a growing trend in Canada whereby people are opting to live in smaller and simpler spaces rather than in larger, spacious houses. It has now become much more than the architectural and social movement that it once started off as. People are seeing a world of different benefits they can gather from living in tiny houses. This article looks at few of the reasons why tiny houses or the so-called pint-sized living have become a sudden rage. Continue reading

Should I Renovate or Sell My Home?

Should I Renovate or Sell My Home?

Home is where the heart is! While you may be well-versed with the concerned maxim, there could be times when you don’t find your heart at your home. Consequently, you might consider the idea of either renovating your home or selling it and moving to a new place altogether. While making such a decision, do consider the following points: Continue reading

Thinking of Downsizing? 3 Quick Tips To Get You Started

downsizing_your_home

Downsizing becomes an inevitable reality for many people who plan to move to smaller places once their kids move out and start their own families. They might find it unsuitable to maintain a large house and keep up with the chores when they really do not need all that space anymore. In today’s date more couples are going for downsizing, especially the baby boomers who prefer to spend their post-retirement life traveling and exploring new places. However, it can be shocking to find that simplifying your life can be much more complicated than expected. Over the years we build our home by buying and placing multiple objects in our homes. It includes your stuff and that of your kids. It takes a lot to determine what stays and what goes when you are moving into a smaller place. Here is a small list of pointers that can help you with downsizing when you finally plan to do it. Continue reading

5 Steps to a Speedy Credit Score Boost

boost-your-credit-score

In today’s economic climate of tighter credit requirements and increased unemployment rates taking their toll on some Canadians, there’s no doubt that many people may not fit into the traditional banks’ financing boxes as easily as they may have just a year ago.

Your best solution is to consult your mortgage professional to determine whether your situation can be quickly repaired or if you face a longer road to credit recovery. Either way, there are solutions to every problem. Continue reading