ARTICLES FOR BUYERS

SHOULD YOU BUY NOW OR WAIT FOR RATES TO DECLINE?

Posted on Jan 19, 2024 in For Buyers

There is a lot of talk circulating about interest rates coming down this year. In fact, fixed rates (which are based on the bond market) have already started to improve slightly and are expected to continue to improve. Variable rates, which are directly affected by the overnight lending rate set by the Bank of Canada, are also expected to start com...

THE DOs & DON'Ts OF COMPETING OFFERS

Posted on Nov 20, 2023 in For Buyers

So, you've been tirelessly searching for that perfect property and finally found it! Excitement builds, and you start to plan your offer, when suddenly you learn that yours is not the only offer on the table. You are going to be competing against other buyers interested in the same property as you.

Finding yourself in a competing offer situation ca...

HIGH INTEREST RATES HOLDING YOU BACK?

Posted on Feb 15, 2023 in For Buyers

Maybe the time has come to upgrade to a larger home or one that is a better fit for your lifestyle or location. Maybe the kids are gone, and it’s time to downsize to something that works better.

When interest rates start increasing, some people start to feel held back from purchasing a new home, especially if they have a lower rate locked in on th...

THE DEBATE ON FIXED VS VARIABLE RATES

Posted on Oct 25, 2022 in For Buyers

Prospective home buyers must make many decisions while shopping for a home. What neighbourhood to live in? How many bedrooms? How much should they spend? However, one of the most important yet overlooked decisions is what kind of interest rate to get: fixed or variable?

Most homebuyers are not overly familiar with mortgage lingo or the differences b...

7 REASONS TO CONSIDER A CONDO

Posted on Feb 25, 2022 in For Buyers

Considering a condo but not sure if it's the right move for you? Whether it's your first encounter with the real estate market or merely an addition to your real estate resume, here are seven great reasons to consider buying a condo:

Low Maintenance Living
Whether retired, semi-retired, or working full time, condo living offers minimal maintenance so...

CHOOSING THE RIGHT REALTOR

Posted on Jan 03, 2022 in For Buyers

It is 2022, so we're all aware at this point that everyone has an opinion about, well, pretty much everything. When booking a vacation, you can check out reviews on Trip Advisor and Airbnb. When choosing a restaurant, you can read up on Yelp and Google. When you are making your course calendar in university, a website ranks professors on a scale of...

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