by Liz Dominguez | Oct 14, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
You may want to make some upgrades to your home. Keep in mind that these improvements could increase your home insurance rate. A Pool Your rate could rise as much as $30 per year if you install a pool. Shingle or Wood Shake Roofing These tend to be less durable than...
by Liz Dominguez | Oct 14, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
If you’ve fallen on hard times, bankruptcy may be your only option. Here’s how it impacts your home equity. What can you keep? This varies from province to province. Anything above what you are allowed to keep must be used to pay creditors. What are the...
by Liz Dominguez | Oct 14, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
Don’t lose hope. Even with a low credit score, you can still achieve the homeownership dream. What lenders are looking for. They just want to see that you can make your mortgage payments. The mortgage stress test can help prove that. Getting your credit back on...
by Liz Dominguez | Oct 14, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
Over 7 million millennials live in Canada. This is the largest age group since baby boomers. They heavily influence the housing market. It’s all about creativity. The costs of homes are at a premium, and so millennials are staying home longer. Multi-generational...
by Liz Dominguez | Oct 14, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
If you’re in need of quick cash, a second mortgage could be the answer. It can be used as a loan for things like home renovations. What is a second mortgage? It’s also called a home equity loan. It lets you borrow money using the reserves from the equity...
by Liz Dominguez | Oct 10, 2019 | Exclusive Canada, Exclusive Canada - Real Estate |
Many people rent until they are able to afford a mortgage and then move into their own home. Others may choose to vacate in order to downsize—or upsize if they’re planning on starting a family. If you’re transitioning from a rental into a new space, here...