We are now in 2018 – and the real estate market in Canada has brought fresh changes to the way we will be buying houses now and for the many years to come. And it’s not just an issue of very high prices anymore… On New Years’ Day, a new mortgage rule was approved that…
Mortgage rules. October 2016 saw a drastic change in banking policies who lend money to homebuyers by adding more regulations against those with unfavourable incomes but want expensive homes. October 2017 also saw some additional changes with more enforced regulations. So what will 2018 bring? The 1st of January 2018 will see…
Last week, I had the pleasure of speaking to a friend who recently bought a home in Ottawa, as to get some insights about his experience with the building and mortgages. David and his partner moved into their home in December of 2016 and here is the conversation we had. Eric: How did you go…
Being in between the sale of your home while looking to buy a new home can often be stressful. If you cash in too early on your current one, you may end up wasting time renting an apartment, as well as a large volume of storage space for all your furniture and belongings. On the…
It has been a while since we have touched back on this topic, and given summer is a season where many transactions take place in the real estate market, we thought it could be a good idea to remind upcoming homebuyers of the process behind a future purchase. A mortgage…
The summer season can usually mean a fresh start for many people, when it comes to buying a new home. This blog aims to help those who are trying to make the best out of this big decision on what they want to do with their future home, especially because of the costs. New homes…
It’s a new year, and you may be looking for a new home. A house on the market has caught your attention and you want to visit, but so is the case for many other interested families/couples. You have an objective of going there, and getting every single bit of information that you possibly can, but…
Our guest blogger Jason was very kind to continue his story about home ownership (and toilets!). Enjoy the rest —————————————– So back in 2011 while on vacation in Berlin Germany, I had the brilliant idea of bringing a toilet back home to Ottawa with me in my checked luggage. And the best part – actually…
This month, we’re doing something a bit different with our blogs, and are pleased to invite Ottawa resident Jason to write a two-part blog on his story with the house he owns in Sandy Hill. The second part will be published two weeks from now, so please stay tuned a fun post-Christmas read! …
In order to qualify for a mortgage and purchase a home, as said several times previously, it is important to always have a very good credit score. It is basically a measure of your financial responsibility and can either allow you or deny you many opportunities So what are some…
