Soaring prices for homeowners insurance, property taxes and utility bills are adding thousands of dollars to the cost of owning a home. The increases come at a time of record-high real estate prices and elevated mortgages and closing fees. The average annual cost of insurance, taxes and ...
Donnellon, Brien
When planning your budget for buying a house, you likely already know about the down payment and monthly mortgage payment. But as a future homeowner, these aren’t the only costs you should consider. Having an idea of the true cost of owning a home can help you save more now and prevent...
“Owning a home is the dream for many people and when they achieve it, it should be cause for celebration and the start of a great new adventure, but the reality is that home ownership does have many challenges and it can be both costly and stressful. “However, while the long...
However, before setting out to look at homes with a real estate agent, you’ll want to square away a couple of not-so-fun details so you’re well positioned to make an offer when that dream home comes along. Namely: Figure out what price house you can afford. This focuses your time...
Learn about the steps of the homebuying process. From accessing your finances to closing your loan - you can lean on us for reliable and sound advice - including if buying is right for you.
While owning a home is an aspiration for most of us, one may want to compare home-ownership with living in a rented home. Read on to find out whether it makes sense to buy a home or live in a rented house. Advantages Of Owning A House ...
Home ownership, or renting–both have their advantages, and their drawbacks. Determining which is right for you is no easy task. While owning a home may be right for one person, it may not be right for another. Before you find your next place to live, decide whether it makes more sense...
And while 77 per cent of Canadians surveyed earlier this year by Ipsos agree it’s possible to be financially secure without owning a home, the same group also believe it’s the best investment a person can make. Article content But is that always the case? Article content A...
Buying and owning a home in trust is more complicated and expensive than buying one in the conventional manner. However, depending on the type of trust you choose, it can have its advantages. Those may include greater control of what happens to the home after your death, the minimization of...