Stop Paying Rent!

How to Stop Paying Rent and Own Your Own Home

Don’t pay another cent in rent to your landlord!

It’s a dream we all have – to own our own home and stop paying rent. But if you’re like most renters, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it when you’re not even permitted to bang in a nail or two without a hassle? You feel like you’re stuck in the renter’s rut with no way of rising up out of it and owning your own home

Well, don’t feel trapped anymore! It doesn’t matter how long you’ve been renting, or how insurmountable your financial situation may seem. The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to homeowner. With this information, you will begin to see how you really can:

– save for a down payment

– stop lining your landlord’s pockets, and
– stop wasting thousands of dollars on rent.

6 Little Known Facts That Can Help You Buy Your First Home

The problem that most renters face isn’t your ability to meet a monthly payment. Goodness knows you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.

But saving for this lump sum doesn’t have to be as difficult as you might think. Consider the following 6 important points:

You can buy a home with much less down than you think.

There are some local or federal government programs (such as 1st time buyer programs) to help people get into the housing market. You can qualify as a first time buyer even if your spouse has owned a home before as long as your name was not registered. Ensure your real estate agent is informed and knowledgeable in this important area and can offer programs to help you with your options.

You may be able to get your lender to help you with your down payment and closing costs.

Even if you do not have enough cash for a down-payment, if you are debt-free, and own an asset free and clear (such as a car, for example), your lending institution may be able to lend you the down-payment for your home by securing it against this asset.

You may be able to find a seller to help you buy and finance your home.

Some sellers may be willing to hold a second mortgage for you as a “seller take-back.” In this case, the seller becomes your lending institution. Instead of paying this seller a lump-sum full amount for his or her home, you would pay monthly mortgage installments.

You may be able to create a cash down payment without actually going into debt.

By borrowing money for certain investments to a specified level, you may be able to generate a significant tax refund for yourself that you can use as a down-payment. While the money borrowed for these investments is technically a loan, the monthly amount paid can be small, and the money invested in both home and investment will be yours in the end.

You can buy a home even if you have problems with your credit rating.

If you can come up with more than the minimum down-payment, or can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back mortgage could also help you in this situation.

You can, and should, get preapproved for a home loan before you go looking for a home.

Preapproval is easy, and can give you complete peace-of-mind when shopping for your home. Mortgage experts can obtain written preapproval for you at no cost and no obligation, and it can all be done quite easily over-the-phone. More than just a verbal approval from your lending institution, a written preapproval is as good as money in the bank. It entails a completed credit application, and a certificate which guarantees you a mortgage to the specified level when you find the home you’re looking for.

Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mortgage, and being stuck in the renter’s rut forever. Typically there is no cost or obligation to enquire.

To sum up, there are many important issues you should be aware of that affect you as a renter. Why on earth would you continue to lose thousands by throwing it away on rent when with your agent you could take a few minutes to discuss your specific needs so that you can stop renting and start owning?

This conversation costs you nothing. And, of course, you shouldn’t have to feel obligated to buy a home at the time you review this. But by taking the time to explore your options, and learn about the ways you can afford to buy a home, think how prepared and relaxed you’ll be when you are ready to make this important step.

How to Stop Paying Rent and Own Your Own Home

Don’t pay another cent in rent to your landlord!

It’s a dream we all have – to own our own home and stop paying rent. But if you’re like most renters, you feel trapped within the walls of a house or apartment that doesn’t feel like yours. How could it when you’re not even permitted to bang in a nail or two without a hassle? You feel like you’re stuck in the renter’s rut with no way of rising up out of it and owning your own home

Well, don’t feel trapped anymore! It doesn’t matter how long you’ve been renting, or how insurmountable your financial situation may seem. The truth is, there are some little known facts that can help you get over the hump, and transfer your status from renter to homeowner. With this information, you will begin to see how you really can:

– save for a down payment

– stop lining your landlord’s pockets, and
– stop wasting thousands of dollars on rent.

6 Little Known Facts That Can Help You Buy Your First Home

The problem that most renters face isn’t your ability to meet a monthly payment. Goodness knows you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.

But saving for this lump sum doesn’t have to be as difficult as you might think. Consider the following 6 important points:

You can buy a home with much less down than you think.

There are some local or federal government programs (such as 1st time buyer programs) to help people get into the housing market. You can qualify as a first time buyer even if your spouse has owned a home before as long as your name was not registered. Ensure your real estate agent is informed and knowledgeable in this important area and can offer programs to help you with your options.

You may be able to get your lender to help you with your down payment and closing costs.

Even if you do not have enough cash for a down-payment, if you are debt-free, and own an asset free and clear (such as a car, for example), your lending institution may be able to lend you the down-payment for your home by securing it against this asset.

You may be able to find a seller to help you buy and finance your home.

Some sellers may be willing to hold a second mortgage for you as a “seller take-back.” In this case, the seller becomes your lending institution. Instead of paying this seller a lump-sum full amount for his or her home, you would pay monthly mortgage installments.

You may be able to create a cash down payment without actually going into debt.

By borrowing money for certain investments to a specified level, you may be able to generate a significant tax refund for yourself that you can use as a down-payment. While the money borrowed for these investments is technically a loan, the monthly amount paid can be small, and the money invested in both home and investment will be yours in the end.

You can buy a home even if you have problems with your credit rating.

If you can come up with more than the minimum down-payment, or can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back mortgage could also help you in this situation.

You can, and should, get preapproved for a home loan before you go looking for a home.

Preapproval is easy, and can give you complete peace-of-mind when shopping for your home. Mortgage experts can obtain written preapproval for you at no cost and no obligation, and it can all be done quite easily over-the-phone. More than just a verbal approval from your lending institution, a written preapproval is as good as money in the bank. It entails a completed credit application, and a certificate which guarantees you a mortgage to the specified level when you find the home you’re looking for.

Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mortgage, and being stuck in the renter’s rut forever. Typically there is no cost or obligation to enquire.

To sum up, there are many important issues you should be aware of that affect you as a renter. Why on earth would you continue to lose thousands by throwing it away on rent when with your agent you could take a few minutes to discuss your specific needs so that you can stop renting and start owning?

This conversation costs you nothing. And, of course, you shouldn’t have to feel obligated to buy a home at the time you review this. But by taking the time to explore your options, and learn about the ways you can afford to buy a home, think how prepared and relaxed you’ll be when you are ready to make this important step.

9 Buyer Traps & How to Avoid Them

No matter which way you look at it, buying a home is a major investment. But for many home buyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either:

* paying too much for the home they want, or
* losing their dream home to another buyer or,
* (worse) buying the wrong home for their needs.

A systemized approach to the home buying process can help you steer clear of these common traps, allowing you to not only cut costs, but also secure the home that’s best for you.

This important article discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them.

The 9 Buyer Traps

Bidding Blind

What price should you offer when you bid on a home? Is the seller’s asking price too high, or does it represent a great deal? If you fail to research the market in order to understand what comparable homes are selling for, making your offer would be like bdding blind. Without this knowledge of market value, you could easily bid too much, or fail to make a competitive offer at all on an excellent value.

Buying the Wrong Home.

What are you looking for in a home? A simple enough question, but the answer can be quite complex. More than one buyer has been swept up in the emotion and excitement of the buying process only to find themselves the owner of a home that is either too big or too small. Maybe they’re stuck with a longer than desired commute to work, or a dozen more fix-ups than they really want to deal with now that the excitement has died down. Take the time upfront to clearly define your wants and needs. Put it in writing and then use it as a yard stick with which to measure every home you look at.

Unclear Title.

Make sure very early on in the negotiation that you will own your new home free and clear by having a title search completed. The last thing you want to discover when you’re in the back stretch of a transaction is that there are encumbrances on the property such as tax liens, undisclosed owners, easements, leases or the like.

Inaccurate Survey.

As part of your offer to purchase, make sure you request an updated property survey which clearly marks your boundaries. If the survey is not current, you may find that there are structural changes that are not shown (e.g. additions to the house, a new swimming pool, a neighbor’s new fence which is extending a boundary line, etc.). Be very clear on these issues.

Undisclosed Fix-ups.

Don’t expect every seller to own up to every physical detail that will need to be attended to. Both you and the seller are out to maximize your investment. Ensure that you conduct a thorough inspection of the home early in the process. Consider hiring an independent inspector to objectively view the home inside and out, and make the final contract contingent upon this inspector’s report. This inspector should be able to give you a report of any item that needs to be fixed with associated, approximate cost.

Not Getting Mortgage Preapproval.

Preapproval is fast, easy and free. When you have a preapproved mortgage, you can shop for your home with a greater sense of freedom and security, knowing that the money will be there when you find the home of your dreams.

Contract Misses.

If a seller fails to comply to the letter of the contract by neglecting to attend to some repair issues, or changing the spirit of the agreement in some way, this could delay the final closing and settlement. Agree ahead of time on a dollar amount for an escrow fund to cover items that the seller fails to follow through on. Prepare a list of agreed issues, walk through them, and check them off one by one.

Hidden Costs.

Make sure you identify and uncover all costs – large and small – far enough ahead of time. When a transaction closes, you will sometimes find fees for this or that sneaking through after the “sub”-total – fees such as loan disbursement charges, underwriting fees etc. Understand these in advance by having your lender project total charges for you in writing.

Rushing the Closing.

Take your time during this critical part of the process, and insist on seeing all paperwork the day before you sign. Make sure this documentation perfectly reflects your understanding of the transaction, and that nothing has been added or subtracted. Is the interest rate right? Is everything covered? If you rush this process on the day of closing, you may run into a last minute snag that you can’t fix without compromising the terms of the deal, the financing, or even the sale itself.

One More Tip…

Find out if your agent offers a Buyer Profile System or “House-hunting Service,” which takes the guesswork out of finding just the right home that matches your needs. This type of program will crossmatch your criteria with ALL available homes on the market and supply you with printed information on an on-going basis. A program like this can help you to affordably move into
the home of your dreams.

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Residential For Sale

1308 Highway 2 Highway, Lantz Ns B2s 1y8

More Details

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

37Picture(s)

1,087Sqft

Listing courtesy of Keller Williams Select Realty (Elmsdale)

C$399900

Residential For Sale

1308 Highway 2 Highway, Lantz Ns B2s 1y8

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

1,087Sqft

Listing courtesy of Keller Williams Select Realty (Elmsdale)

Welcome to 1308 Highway 2, a newly renovated/updated bungalow nestled in the heart of Lantz. Perfectly blending comfort and style, this home features an open-concept kitchen, dining, and living area—ideal for entertaining or relaxing with family, three bedrooms and one 4-piece bathroom. Modern updates throughout the home offer a fresh, move-in-ready feel.

C$399900

Residential For Sale

1308 Highway 2 Highway, Lantz Ns B2s 1y8

Listing courtesy of Keller Williams Select Realty (Elmsdale)

3Bedroom(s)

1Bathroom(s)

C$399900

Residential For Sale

1576 West Lake Ainslie Road, West Lake Ainslie Ns B0e 1n0

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

29Picture(s)

1,184Sqft

Listing courtesy of Engel & Volkers

C$360000

Residential For Sale

1576 West Lake Ainslie Road, West Lake Ainslie Ns B0e 1n0

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,184Sqft

Listing courtesy of Engel & Volkers

Elevated high along West Lake Ainslie Road, this comfortable and charming Kent home features 3 bedrooms and 2 bathrooms on 61 acres of land. This large parcel showcases stunning and expansive views overlooking beautiful Lake Ainslie. Built in 2007, this home offers a bright and airy living room with majestic lake views.

C$360000

Residential For Sale

1576 West Lake Ainslie Road, West Lake Ainslie Ns B0e 1n0

Listing courtesy of Engel & Volkers

3Bedroom(s)

2Bathroom(s)

C$360000

Residential For Sale

Zeppelin Crescent Lot 3040, Beechville Ns B3t 0b0

More Details

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

27Picture(s)

2,197Sqft

Listing courtesy of RE/MAX Nova (Halifax)

C$689900

Residential For Sale

Zeppelin Crescent Lot 3040, Beechville Ns B3t 0b0

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

2,197Sqft

Listing courtesy of RE/MAX Nova (Halifax)

Welcome to Lovett Lake! New construction at its best!! This four bedroom, 3.5 bath detached home will sure to please the whole family. Spacious living area, eat in kitchen with dining room, great place to entertain family and friends.

C$689900

Residential For Sale

Zeppelin Crescent Lot 3040, Beechville Ns B3t 0b0

Listing courtesy of RE/MAX Nova (Halifax)

4Bedroom(s)

4Bathroom(s)

C$689900

Residential For Sale

Lot 2 Beamish Road, Mount Uniacke Ns B0n 1z0

More Details

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

4Picture(s)

2,272Sqft

Listing courtesy of RE/MAX Nova

C$649900

Residential For Sale

Lot 2 Beamish Road, Mount Uniacke Ns B0n 1z0

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

2,272Sqft

Listing courtesy of RE/MAX Nova

Lot 2 Beamish Road | To Be Built | 4 Bed, 2 Bath | 1.9 Acre Lot in Mount Uniacke Here’s your chance to build your dream home in the peaceful community of Mount Uniacke! This thoughtfully designed 4-bedroom, 2-bathroom home will sit on a private 1.9-acre lot, offering modern comfort in a beautiful country setting—just a short drive from Halifax and Windsor.

C$649900

Residential For Sale

Lot 2 Beamish Road, Mount Uniacke Ns B0n 1z0

Listing courtesy of RE/MAX Nova

4Bedroom(s)

2Bathroom(s)

C$649900

Residential For Sale

5104 Shore Road, Parkers Cove Ns B0s 1a0

More Details

4Bedroom(s)

2Bathroom(s)

DetachedParking(s)

50Picture(s)

2,432Sqft

Listing courtesy of Royal LePage Atlantic (Greenwood)

C$325000

Residential For Sale

5104 Shore Road, Parkers Cove Ns B0s 1a0

4Bedroom(s)

2Bathroom(s)

DetachedParking(s)

2,432Sqft

Listing courtesy of Royal LePage Atlantic (Greenwood)

Welcome to your dream home by the sea! Nestled on a spacious 3.84-acre lot in the charming village of Parkers Cove, this immaculate family home offers the perfect blend of comfort, space, and low-maintenance living.

C$325000

Residential For Sale

5104 Shore Road, Parkers Cove Ns B0s 1a0

Listing courtesy of Royal LePage Atlantic (Greenwood)

4Bedroom(s)

2Bathroom(s)

C$325000

Residential For Sale

154 Colonial Crescent, Halifax Ns B3r 0h8

More Details

5Bedroom(s)

4Bathroom(s)

No GarageParking(s)

37Picture(s)

2,312Sqft

Listing courtesy of Parachute Realty

C$699900

Residential For Sale

154 Colonial Crescent, Halifax Ns B3r 0h8

5Bedroom(s)

4Bathroom(s)

No GarageParking(s)

2,312Sqft

Listing courtesy of Parachute Realty

**Free full appliance package for all sales that close before Dec 31, 2025** Welcome to your brand-new home in the thriving Macintosh Run subdivision! This beautifully crafted semi-detached home offers a perfect blend of style, functionality, and financial opportunity. Enjoy the affordability of homeownership with the added benefit of a fully legal 2-bedroom basement apartment.

C$699900

Residential For Sale

154 Colonial Crescent, Halifax Ns B3r 0h8

Listing courtesy of Parachute Realty

5Bedroom(s)

4Bathroom(s)

C$699900

Residential For Sale

148 Colonial Crescent, Halifax Ns B3r 0h8

More Details

5Bedroom(s)

4Bathroom(s)

No GarageParking(s)

37Picture(s)

2,312Sqft

Listing courtesy of Parachute Realty

C$699900

Residential For Sale

148 Colonial Crescent, Halifax Ns B3r 0h8

5Bedroom(s)

4Bathroom(s)

No GarageParking(s)

2,312Sqft

Listing courtesy of Parachute Realty

C$699900

Residential For Sale

148 Colonial Crescent, Halifax Ns B3r 0h8

Listing courtesy of Parachute Realty

5Bedroom(s)

4Bathroom(s)

C$699900

Residential For Sale

3229 Malagash Road, Malagash Centre Ns B0k 1e0

More Details

5Bedroom(s)

2Bathroom(s)

No GarageParking(s)

50Picture(s)

2,303Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

C$274900

Residential For Sale

3229 Malagash Road, Malagash Centre Ns B0k 1e0

5Bedroom(s)

2Bathroom(s)

No GarageParking(s)

2,303Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

Welcome to beautiful Malagash, a prime location on the Northumberland Shore. Home of Jost Vineyards, Malagash Cidery, & Blue Sea Beach Provincial Park. Minutes to golf courses, marinas, and all the amenities & charm of Tatamagouche & Wallace.

C$274900

Residential For Sale

3229 Malagash Road, Malagash Centre Ns B0k 1e0

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

5Bedroom(s)

2Bathroom(s)

C$274900

Residential For Sale

111 Highway 2, Enfield Ns B2t 1c8

More Details

5Bedroom(s)

5Bathroom(s)

AttachedParking(s)

50Picture(s)

4,547Sqft

Listing courtesy of RE/MAX Nova (Enfield)

C$979900

Residential For Sale

111 Highway 2, Enfield Ns B2t 1c8

5Bedroom(s)

5Bathroom(s)

AttachedParking(s)

4,547Sqft

Listing courtesy of RE/MAX Nova (Enfield)

Welcome to this exceptional 2-unit bungalow set on a stunning 2.2-acre riverfront lot with 190 feet of water frontage. Whether you’re looking for a multi-generational home, a smart investment, or a place to enjoy peaceful waterfront living, this property offers endless possibilities.

C$979900

Residential For Sale

111 Highway 2, Enfield Ns B2t 1c8

Listing courtesy of RE/MAX Nova (Enfield)

5Bedroom(s)

5Bathroom(s)

C$979900

Residential For Sale

67 Cliff Street, Yarmouth Ns B5a 3j1

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

27Picture(s)

2,280Sqft

Listing courtesy of Engel & Volkers (Yarmouth)

C$363000

Residential For Sale

67 Cliff Street, Yarmouth Ns B5a 3j1

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

2,280Sqft

Listing courtesy of Engel & Volkers (Yarmouth)

Located in the center of Yarmouth on a corner lot you will find this Victorian gem built in 1902. Presently this property has 2 rental spaces. The beautiful and detailed wood flooring remains in both units as well as the radiators for heating, original wood details, bay windows and stained glass windows. The full concrete basement has been spray insulated.

C$363000

Residential For Sale

67 Cliff Street, Yarmouth Ns B5a 3j1

Listing courtesy of Engel & Volkers (Yarmouth)

3Bedroom(s)

2Bathroom(s)

C$363000

Residential For Sale

70 John Munroe Road, Marshy Hope Ns B2g 2k8

More Details

6Bedroom(s)

2Bathroom(s)

OtherParking(s)

31Picture(s)

2,288Sqft

Listing courtesy of Results Realty Atlantic Inc.

C$425000

Residential For Sale

70 John Munroe Road, Marshy Hope Ns B2g 2k8

6Bedroom(s)

2Bathroom(s)

OtherParking(s)

2,288Sqft

Listing courtesy of Results Realty Atlantic Inc.

This property offers over 23 acres of land, the finished bungalow features spacious, open-concept living areas, with full bathrooms on both floors and a stand-up shower in the primary bedroom. Patio doors lead from the dining room to the deck, providing convenient outdoor access. The lot is private and located just minutes from New Glasgow and Antigonish.

C$425000

Residential For Sale

70 John Munroe Road, Marshy Hope Ns B2g 2k8

Listing courtesy of Results Realty Atlantic Inc.

6Bedroom(s)

2Bathroom(s)

C$425000

Residential For Sale

36 Belleville Road, Belleville North Ns B0w 3m0

More Details

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

50Picture(s)

2,557Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

C$867500

Residential For Sale

36 Belleville Road, Belleville North Ns B0w 3m0

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

2,557Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

Stunning New Build on Eel Lake – 4-Bed, 2-Bath Lakeside Home with Garage & Loft in Belleville, NS Welcome to your dream lakeside retreat! This beautifully constructed, one-level home offers modern comfort and scenic waterfront living on the shores of Eel Lake in Belleville, Nova Scotia.

C$867500

Residential For Sale

36 Belleville Road, Belleville North Ns B0w 3m0

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

4Bedroom(s)

2Bathroom(s)

C$867500

4834 Results returned.Per Page

Stop Paying Rent!

How to Stop Paying Rent and Own Your Own Home

Don’t pay another cent in rent to your landlord!

– save for a down payment

– stop lining your landlord’s pockets, and – stop wasting thousands of dollars on rent.

6 Little Known Facts That Can Help You Buy Your First Home

The problem that most renters face isn’t your ability to meet a monthly payment. Goodness knows you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.

But saving for this lump sum doesn’t have to be as difficult as you might think. Consider the following 6 important points:

You can buy a home with much less down than you think.

You may be able to get your lender to help you with your down payment and closing costs.

Even if you do not have enough cash for a down-payment, if you are debt-free, and own an asset free and clear (such as a car, for example), your lending institution may be able to lend you the down-payment for your home by securing it against this asset.

You may be able to find a seller to help you buy and finance your home.

Some sellers may be willing to hold a second mortgage for you as a “seller take-back.” In this case, the seller becomes your lending institution. Instead of paying this seller a lump-sum full amount for his or her home, you would pay monthly mortgage installments.

You may be able to create a cash down payment without actually going into debt.

You can buy a home even if you have problems with your credit rating.

If you can come up with more than the minimum down-payment, or can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back mortgage could also help you in this situation.

You can, and should, get preapproved for a home loan before you go looking for a home.

Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mortgage, and being stuck in the renter’s rut forever. Typically there is no cost or obligation to enquire.

How to Stop Paying Rent and Own Your Own Home

Don’t pay another cent in rent to your landlord!

– save for a down payment

– stop lining your landlord’s pockets, and – stop wasting thousands of dollars on rent.

6 Little Known Facts That Can Help You Buy Your First Home

The problem that most renters face isn’t your ability to meet a monthly payment. Goodness knows you must meet this monthly obligation every 30 days already. The problem is accumulating enough capital to make a down payment on something more permanent.

But saving for this lump sum doesn’t have to be as difficult as you might think. Consider the following 6 important points:

You can buy a home with much less down than you think.

You may be able to get your lender to help you with your down payment and closing costs.

Even if you do not have enough cash for a down-payment, if you are debt-free, and own an asset free and clear (such as a car, for example), your lending institution may be able to lend you the down-payment for your home by securing it against this asset.

You may be able to find a seller to help you buy and finance your home.

Some sellers may be willing to hold a second mortgage for you as a “seller take-back.” In this case, the seller becomes your lending institution. Instead of paying this seller a lump-sum full amount for his or her home, you would pay monthly mortgage installments.

You may be able to create a cash down payment without actually going into debt.

You can buy a home even if you have problems with your credit rating.

If you can come up with more than the minimum down-payment, or can secure the loan with other equity, many lending institutions will consider you for a mortgage. Alternatively, a seller take-back mortgage could also help you in this situation.

You can, and should, get preapproved for a home loan before you go looking for a home.

Consider dealing only with a professional who specializes in mortgages. Enlisting their services can make the difference between obtaining a mortgage, and being stuck in the renter’s rut forever. Typically there is no cost or obligation to enquire.

9 Buyer Traps & How to Avoid Them

No matter which way you look at it, buying a home is a major investment. But for many home buyers, it can be an even more expensive process than it needs to be because many fall prey to at least a few of the many common and costly mistakes which trap them into either:

* paying too much for the home they want, or * losing their dream home to another buyer or, * (worse) buying the wrong home for their needs.

A systemized approach to the home buying process can help you steer clear of these common traps, allowing you to not only cut costs, but also secure the home that’s best for you.

This important article discusses the 9 most common and costly of these homebuyer traps, how to identify them, and what you can do to avoid them.

The 9 Buyer Traps

Bidding Blind

Buying the Wrong Home.

Unclear Title.

Inaccurate Survey.

Undisclosed Fix-ups.

Not Getting Mortgage Preapproval.

Preapproval is fast, easy and free. When you have a preapproved mortgage, you can shop for your home with a greater sense of freedom and security, knowing that the money will be there when you find the home of your dreams.

Contract Misses.

Hidden Costs.

Rushing the Closing.

One More Tip…

Residential For Sale

1308 Highway 2 Highway, Lantz Ns B2s 1y8

Residential For Sale

Residential For Sale

Residential For Sale

1576 West Lake Ainslie Road, West Lake Ainslie Ns B0e 1n0

Residential For Sale

Residential For Sale

Residential For Sale

Zeppelin Crescent Lot 3040, Beechville Ns B3t 0b0

Residential For Sale

Residential For Sale

Residential For Sale

Lot 2 Beamish Road, Mount Uniacke Ns B0n 1z0

Residential For Sale

Residential For Sale

Residential For Sale

5104 Shore Road, Parkers Cove Ns B0s 1a0

Residential For Sale

Residential For Sale

Residential For Sale

154 Colonial Crescent, Halifax Ns B3r 0h8

Residential For Sale

Residential For Sale

Residential For Sale

148 Colonial Crescent, Halifax Ns B3r 0h8

Residential For Sale

Residential For Sale

– stop lining your landlord’s pockets, and
– stop wasting thousands of dollars on rent.

– stop lining your landlord’s pockets, and
– stop wasting thousands of dollars on rent.

* paying too much for the home they want, or
* losing their dream home to another buyer or,
* (worse) buying the wrong home for their needs.