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

8894 Highway 215, Maitland Ns B0n 1t0

More Details

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

27Picture(s)

1,632Sqft

Listing courtesy of Sutton Group Professional Realty

C$209000

Residential For Sale

8894 Highway 215, Maitland Ns B0n 1t0

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

1,632Sqft

Listing courtesy of Sutton Group Professional Realty

Experience the age of sail in this former Lockhart Lawrence heritage home (circa 1863) the brother to ship builder WD Lawrence, this could be the historic charmer you've been waiting to put your own finishing touches on or whether you're seeking an ideal summer retreat or a year round family home. A short stroll away from the village and beach gives loads of potential.

C$209000

Residential For Sale

8894 Highway 215, Maitland Ns B0n 1t0

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

2Bathroom(s)

C$209000

Residential For Sale

8 James Street, Yarmouth Ns B5a 2v1

More Details

21Bedroom(s)

23Bathroom(s)

GravelParking(s)

34Picture(s)

8,639Sqft

Listing courtesy of Keller Williams Select Realty (Shelburne)

C$859000

Residential For Sale

8 James Street, Yarmouth Ns B5a 2v1

21Bedroom(s)

23Bathroom(s)

GravelParking(s)

8,639Sqft

Listing courtesy of Keller Williams Select Realty (Shelburne)

Historic Victorian Gem with Endless Possibilities in Downtown Yarmouth. Welcome to a truly unique and elegant piece of history! This magnificent Victorian residence, originally built in the late 1890s as the Old Ladies Home Society, is a testament to timeless charm and versatility. Spanning over 6,000 sq. ft., this 2.5-storey home is a rare find in the heart of downtown Yarmouth, Nova Scotia.

C$859000

Residential For Sale

8 James Street, Yarmouth Ns B5a 2v1

Listing courtesy of Keller Williams Select Realty (Shelburne)

21Bedroom(s)

23Bathroom(s)

C$859000

Residential For Sale

225 Alabaster Way, Halifax Ns B3p 0c6

More Details

3Bedroom(s)

3Bathroom(s)

AttachedParking(s)

50Picture(s)

1,480Sqft

Listing courtesy of RE/MAX Nova

C$644900

Residential For Sale

225 Alabaster Way, Halifax Ns B3p 0c6

3Bedroom(s)

3Bathroom(s)

AttachedParking(s)

1,480Sqft

Listing courtesy of RE/MAX Nova

Welcome to your brand-new single-family home in the highly desirable Governor's Brook subdivision! This stunning property offers 3 spacious bedrooms, 2.5 bathrooms, and an open-concept main level, designed with modern family living in mind.

C$644900

Residential For Sale

225 Alabaster Way, Halifax Ns B3p 0c6

Listing courtesy of RE/MAX Nova

3Bedroom(s)

3Bathroom(s)

C$644900

Residential For Sale

179 Piggott Lake Road, Lakelands Ns B0n 1z0

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

46Picture(s)

1,681Sqft

Listing courtesy of Exit Real Estate Professionals

C$779900

Residential For Sale

179 Piggott Lake Road, Lakelands Ns B0n 1z0

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,681Sqft

Listing courtesy of Exit Real Estate Professionals

Welcome to 179 Piggott Lake Road, a beautifully renovated family home tucked away on a quiet, private drive in Lakelands, Nova Scotia. Located just 38 minutes from Halifax & 35 minutes from Halifax primary airport, this property provides rural comfort and urban conveniences. The 1,680 sq. ft.

C$779900

Residential For Sale

179 Piggott Lake Road, Lakelands Ns B0n 1z0

Listing courtesy of Exit Real Estate Professionals

3Bedroom(s)

2Bathroom(s)

C$779900

Residential For Sale

277 Main Street, Parrsboro Ns B0m 1s0

More Details

5Bedroom(s)

3Bathroom(s)

DoubleParking(s)

50Picture(s)

2,598Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

C$315000

Residential For Sale

277 Main Street, Parrsboro Ns B0m 1s0

5Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,598Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

Welcome to 277 Main Street, Parrsboro, Nova Scotia. This multi unit dwelling is waiting for your personal touch. Rent out the front unit which has it's own meter, or use it as a personal business office, rental office, AirB&B or whatever your mind can imagine. The front unit is a sunny and spacious 1 bedroom, 1 bathroom with laundry and large living room with bay window and eat in kitchen.

C$315000

Residential For Sale

277 Main Street, Parrsboro Ns B0m 1s0

Listing courtesy of RE/MAX County Line Realty Ltd.

5Bedroom(s)

3Bathroom(s)

C$315000

Residential For Sale

8 Regent Street, Amherst Ns B4h 4l2

More Details

5Bedroom(s)

3Bathroom(s)

SingleParking(s)

49Picture(s)

3,000Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

C$479900

Residential For Sale

8 Regent Street, Amherst Ns B4h 4l2

5Bedroom(s)

3Bathroom(s)

SingleParking(s)

3,000Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

EXECUTIVE HOME, this custom-built family home is located on one of the oldest and finest streets in all of Cumberland County. 8 Regent provides buyers with walking distance to schools, downtown Amherst, and close proximity to the local golf club etc.

C$479900

Residential For Sale

8 Regent Street, Amherst Ns B4h 4l2

Listing courtesy of RE/MAX County Line Realty Ltd.

5Bedroom(s)

3Bathroom(s)

C$479900

Residential For Sale

180 John Cook Road, Gardners Mills Ns B5a 5n5

More Details

2Bedroom(s)

GravelParking(s)

29Picture(s)

672Sqft

Listing courtesy of Keller Williams Select Realty (Kentville)

C$325000

Residential For Sale

180 John Cook Road, Gardners Mills Ns B5a 5n5

2Bedroom(s)

GravelParking(s)

672Sqft

Listing courtesy of Keller Williams Select Realty (Kentville)

Discover the perfect spot, this charming and unique 28x24 cabin. Located on beautiful Little Clearwater Lake featuring a private 15-acre lot with +/-791 feet of water frontage and the only cabin on the entire lake. With strong foundational bones, insulated vinyl windows and steeldoors, solar panels, wired throughout the cabin, insulated walls, and special wood finishesthroughout.

C$325000

Residential For Sale

180 John Cook Road, Gardners Mills Ns B5a 5n5

Listing courtesy of Keller Williams Select Realty (Kentville)

2Bedroom(s)

C$325000

Residential For Sale

2 Holland Avenue, Bedford Ns B4a 1l4

More Details

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

8Picture(s)

710Sqft

Listing courtesy of Keller Williams Select Realty (Branch)

C$695000

Residential For Sale

2 Holland Avenue, Bedford Ns B4a 1l4

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

710Sqft

Listing courtesy of Keller Williams Select Realty (Branch)

Newly renovated interior. Bungalow in the heart of Bedford. Walking distance to DeWolfe Park. Investment opportunity that allows an apartment/row housing containing 3 or 4 units.

C$695000

Residential For Sale

2 Holland Avenue, Bedford Ns B4a 1l4

Listing courtesy of Keller Williams Select Realty (Branch)

2Bedroom(s)

1Bathroom(s)

C$695000

Residential For Sale

87 Purdy Loop, Malagash Centre Ns B0k 1e0

More Details

GravelParking(s)

13Picture(s)

298Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

C$125000

Residential For Sale

87 Purdy Loop, Malagash Centre Ns B0k 1e0

GravelParking(s)

298Sqft

Listing courtesy of RE/MAX County Line Realty Ltd.

This adorable A-Frame style camp is wired, insulated and ready for your imagination. Pine boards line the walls of this modernised building. 1 older trailer is also included in the purchase price used as a bunk house. The property also has a very large storage shed on site. Outhouse with holding tank.

C$125000

Residential For Sale

87 Purdy Loop, Malagash Centre Ns B0k 1e0

Listing courtesy of RE/MAX County Line Realty Ltd.

C$125000

Residential For Sale

476 Maple Drive, Cape George Ns B0e 3b0

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

43Picture(s)

1,200Sqft

Listing courtesy of Easy List Realty Ltd.

C$680000

Residential For Sale

476 Maple Drive, Cape George Ns B0e 3b0

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,200Sqft

Listing courtesy of Easy List Realty Ltd.

To learn more about this property, please click the "More Information" button below.The Bras d'Or Lake has been described as an inland sea. Property is 2.81 acres+ with 325 feet of waterfront on a sand beach. Incredible home with cathedral ceilings and lots of windows to enjoy the view. Home is bright with natural sunlight everywhere.

C$680000

Residential For Sale

476 Maple Drive, Cape George Ns B0e 3b0

Listing courtesy of Easy List Realty Ltd.

3Bedroom(s)

2Bathroom(s)

C$680000

Residential For Sale

152 Mersey Road, Inlet Baddeck Ns B0e 1b0

More Details

3Bedroom(s)

3Bathroom(s)

GravelParking(s)

40Picture(s)

2,451Sqft

Listing courtesy of Re/Max Park Place Inc. (Antigonish)

C$850000

Residential For Sale

152 Mersey Road, Inlet Baddeck Ns B0e 1b0

3Bedroom(s)

3Bathroom(s)

GravelParking(s)

2,451Sqft

Listing courtesy of Re/Max Park Place Inc. (Antigonish)

This unique coastal property is situated on The Bras D'or Lake, 10 minutes from the village of Baddeck.

C$850000

Residential For Sale

152 Mersey Road, Inlet Baddeck Ns B0e 1b0

Listing courtesy of Re/Max Park Place Inc. (Antigonish)

3Bedroom(s)

3Bathroom(s)

C$850000

Residential For Sale

87 Copper Lake Road, Goshen Ns B0h 1m0

More Details

8Bedroom(s)

3Bathroom(s)

DoubleParking(s)

38Picture(s)

2,565Sqft

Listing courtesy of Keller Williams Select Realty(Sydney,Townsend St.)

C$348000

Residential For Sale

87 Copper Lake Road, Goshen Ns B0h 1m0

8Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,565Sqft

Listing courtesy of Keller Williams Select Realty(Sydney,Townsend St.)

This property features many characteristics that make it a must see home! There is 1.7 acres of land with a large yard and mature trees. The covered veranda offers a comforting place to enjoy your morning coffee or watch the kids play. There is a 1-bedroom apartment that could be an in-law suite or potential income.

C$348000

Residential For Sale

87 Copper Lake Road, Goshen Ns B0h 1m0

Listing courtesy of Keller Williams Select Realty(Sydney,Townsend St.)

8Bedroom(s)

3Bathroom(s)

C$348000

4666 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

8894 Highway 215, Maitland Ns B0n 1t0

Residential For Sale

Residential For Sale

Residential For Sale

8 James Street, Yarmouth Ns B5a 2v1

Residential For Sale

Residential For Sale

Residential For Sale

225 Alabaster Way, Halifax Ns B3p 0c6

Residential For Sale

Residential For Sale

Residential For Sale

179 Piggott Lake Road, Lakelands Ns B0n 1z0

Residential For Sale

Residential For Sale

Residential For Sale

277 Main Street, Parrsboro Ns B0m 1s0

Residential For Sale

Residential For Sale

Residential For Sale

8 Regent Street, Amherst Ns B4h 4l2

Residential For Sale

Residential For Sale

Residential For Sale

180 John Cook Road, Gardners Mills Ns B5a 5n5

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.