All tagged Homebuyer
Most people don’t learn about title insurance until they’re signing documents at their lawyer or notary’s office and they learn they can pay a little extra for some insurance to cover an unlikely event. At Mortgage Sandbox, we believe it’s worth every penny and this article explains why buying it is a no-brainer.
Compensation for mortgage brokers is typically a percentage of the mortgage amount. This has the potential to drive unethical behaviour that you should learn to identify and avoid.
People often aren’t sure if they should use a mortgage broker or rely on a bank employee to get them approved for a mortgage. On balance, we believe the benefits of using a mortgage broker outweigh the drawbacks. Find out why.
Discover what you might not have known about these growing Metro Vancouver Cities. Why Brentwood, Lonsdale or King George could be the next place you call home.
Home sellers go to great pains to show their home in the best light so buyers will pay the highest possible price. This is a guide to understanding what they’ve changed, so you can imagine what the home looks like when someone isn’t trying to sell it.
RBC recently released their periodic Housing Health Check. It is very similar to a quarterly CMHC Housing Market Assessment, but their dashboard is more detailed in some ways. The fact that RBC, the largest Canadian mortgage lender and CMHC the largest provider of mortgage default insurance have created these early warning systems should tell you that there is real risk in the real estate market.
A 2017 study in the UK has found a link between renting and entrepreneurship. If you have dreams of creating the new Facebook or Apple, you may not want to jump into home ownership. Find out why.
How bad is the supply shortage? Is the market really down? Where is it likely headed? Answer these questions and more.
