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

22 Abbey Road, Garlands Crossing, NS B0N 2T0

More Details

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1Picture(s)

1,298Sqft

Listing courtesy of Engel & Volkers (Wolfville)

C$489900

Residential For Sale

22 Abbey Road, Garlands Crossing, NS B0N 2T0

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,298Sqft

Listing courtesy of Engel & Volkers (Wolfville)

Welcome to the "Perfect Pear" located in the newest phase of The Crossing, Nova Scotia's most desirable single level living community. This beautiful 2 bedroom, 2 full bath semi-detached home is perfectly perched to offer long, scenic valley views. From the moment you step inside, you'll feel right at home, demonstrating that downsizing doesn't have to feel like compromising.

C$489900

Residential For Sale

22 Abbey Road, Garlands Crossing, NS B0N 2T0

Listing courtesy of Engel & Volkers (Wolfville)

2Bedroom(s)

2Bathroom(s)

C$489900

Residential For Sale

128-128 Bromley Road, Halifax, NS B3P 2L7

More Details

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

36Picture(s)

1,044Sqft

Listing courtesy of RE/MAX Nova (Halifax)

C$359900

Residential For Sale

128-128 Bromley Road, Halifax, NS B3P 2L7

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

1,044Sqft

Listing courtesy of RE/MAX Nova (Halifax)

Opportunity Knocks For First Time Homebuyers With This Family-Sized Condo Townhouse Just Minutes From The Armdale Roundabout and Close To Shopping, Schools, Parks and Buses! Park in the assigned spot in the lot, and stroll down the park-like trail to the cute yard, head through the gate and inside.

C$359900

Residential For Sale

128-128 Bromley Road, Halifax, NS B3P 2L7

Listing courtesy of RE/MAX Nova (Halifax)

3Bedroom(s)

2Bathroom(s)

C$359900

Residential For Sale

2626 Highway 2, Shubenacadie, NS B0N 2H0

More Details

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

50Picture(s)

1,964Sqft

Listing courtesy of Exit Realty Metro

C$529900

Residential For Sale

2626 Highway 2, Shubenacadie, NS B0N 2H0

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,964Sqft

Listing courtesy of Exit Realty Metro

Step into timeless charm with this stunning two-story farmhouse, beautifully cared for and thoughtfully updated. Over 100 years old, this home seamlessly blends classic character with modern convenience.

C$529900

Residential For Sale

2626 Highway 2, Shubenacadie, NS B0N 2H0

Listing courtesy of Exit Realty Metro

3Bedroom(s)

2Bathroom(s)

C$529900

Residential For Sale

3135 Greenfield Road, Gaspereau, NS B4P 0L1

More Details

2Bedroom(s)

3Bathroom(s)

DoubleParking(s)

50Picture(s)

2,006Sqft

Listing courtesy of Exit Realty Town & Country

C$599000

Residential For Sale

3135 Greenfield Road, Gaspereau, NS B4P 0L1

2Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,006Sqft

Listing courtesy of Exit Realty Town & Country

There are so many reasons why people want to live in the Gaspereau Valley, and this gorgeous property with free electricity could be your golden ticket. With over 60 varieties of trees, plants, flowers, and shrubs you will immediately feel the calmness and serenity of the immaculate grounds.

C$599000

Residential For Sale

3135 Greenfield Road, Gaspereau, NS B4P 0L1

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

3Bathroom(s)

C$599000

Residential For Sale

Lot 3 Kemptown Road, Kemptown, NS B6L 2H9

More Details

1Bathroom(s)

GravelParking(s)

30Picture(s)

288Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

C$94500

Residential For Sale

Lot 3 Kemptown Road, Kemptown, NS B6L 2H9

1Bathroom(s)

GravelParking(s)

288Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

Set on 4.8 acres of natural beauty, this charming 1-year-old camp is the perfect escape from the hustle and bustle of everyday life. Whether you’re looking for a base for hunting adventures, a summer getaway, or a place to live while building your dream home, this property offers endless potential.

C$94500

Residential For Sale

Lot 3 Kemptown Road, Kemptown, NS B6L 2H9

Listing courtesy of Keller Williams Select Realty (Truro)

1Bathroom(s)

C$94500

Residential For Sale

119 Sandy Place, Valley, NS B6L 4G4

More Details

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

50Picture(s)

2,413Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

C$579000

Residential For Sale

119 Sandy Place, Valley, NS B6L 4G4

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

2,413Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

This beautiful five-bedroom, three-bathroom home is nestled on a quiet cul-de-sac in the valley, offering an ideal blend of comfort and style. The spacious kitchen features a large island, perfect for meal preparation and casual dining, while the generous dining room provides an elegant space for family gatherings and entertaining.

C$579000

Residential For Sale

119 Sandy Place, Valley, NS B6L 4G4

Listing courtesy of Keller Williams Select Realty (Truro)

5Bedroom(s)

3Bathroom(s)

C$579000

Residential For Sale

111 Skyridge Avenue, Lower Sackville, NS B4C 1R5

More Details

4Bedroom(s)

2Bathroom(s)

PavedParking(s)

45Picture(s)

2,184Sqft

Listing courtesy of Exit Real Estate Professionals

C$399900

Residential For Sale

111 Skyridge Avenue, Lower Sackville, NS B4C 1R5

4Bedroom(s)

2Bathroom(s)

PavedParking(s)

2,184Sqft

Listing courtesy of Exit Real Estate Professionals

Opportunity knocks!! This large split entry style home needs a bit of TLC to make it shine. Conveniently located in the great family neighborhood of Lower Sackville! Walking distance to amenities and schools. The main floor offers 3 good sized bedrooms, a fully renovated 4 piece bath, large living room with wood fireplace, dining room and large kitchen with walkout to your large deck.

C$399900

Residential For Sale

111 Skyridge Avenue, Lower Sackville, NS B4C 1R5

Listing courtesy of Exit Real Estate Professionals

4Bedroom(s)

2Bathroom(s)

C$399900

Residential For Sale

99 Kerri Lea Lane, Eastern Passage, NS B3G 0C7

More Details

4Bedroom(s)

4Bathroom(s)

DoubleParking(s)

30Picture(s)

2,244Sqft

Listing courtesy of Viewpoint Realty Services Inc.

C$589900

Residential For Sale

99 Kerri Lea Lane, Eastern Passage, NS B3G 0C7

4Bedroom(s)

4Bathroom(s)

DoubleParking(s)

2,244Sqft

Listing courtesy of Viewpoint Realty Services Inc.

Welcome to this beautiful 5 year old two storey home in the heart of Eastern Passage. Bright, modern, and thoughtfully designed, this home offers the perfect blend of comfort and style. The open-concept main floor is filled with natural light, creating a warm and inviting space for both everyday living and entertaining.

C$589900

Residential For Sale

99 Kerri Lea Lane, Eastern Passage, NS B3G 0C7

Listing courtesy of Viewpoint Realty Services Inc.

4Bedroom(s)

4Bathroom(s)

C$589900

Residential For Sale

22 Lochburn Lane, Dartmouth, NS B2X 2T9

More Details

4Bedroom(s)

2Bathroom(s)

DoubleParking(s)

48Picture(s)

2,667Sqft

Listing courtesy of RE/MAX Nova (Halifax)

C$989000

Residential For Sale

22 Lochburn Lane, Dartmouth, NS B2X 2T9

4Bedroom(s)

2Bathroom(s)

DoubleParking(s)

2,667Sqft

Listing courtesy of RE/MAX Nova (Halifax)

Welcome to your opportunity for direct water frontage on sought after, historic LAKE CHARLES!!! Imagine swimming, boating, skating at your doorstep. This is a lifestyle property.

C$989000

Residential For Sale

22 Lochburn Lane, Dartmouth, NS B2X 2T9

Listing courtesy of RE/MAX Nova (Halifax)

4Bedroom(s)

2Bathroom(s)

C$989000

Residential For Sale

247 Skye Crescent, Hammonds Plains, NS B4B 1W8

More Details

5Bedroom(s)

4Bathroom(s)

AttachedParking(s)

49Picture(s)

3,324Sqft

Listing courtesy of Keller Williams Select Realty

C$1175000

Residential For Sale

247 Skye Crescent, Hammonds Plains, NS B4B 1W8

5Bedroom(s)

4Bathroom(s)

AttachedParking(s)

3,324Sqft

Listing courtesy of Keller Williams Select Realty

WELCOME HOME!! Tucked away in the sought-after Glen Arbour subdivision, this elegant 2-storey home has a perfect balance of style, comfort, and privacy. Just minutes from the Glen Arbour Golf Course, this property offers not only a beautiful home but also a backyard retreat that feels like a private oasis.

C$1175000

Residential For Sale

247 Skye Crescent, Hammonds Plains, NS B4B 1W8

Listing courtesy of Keller Williams Select Realty

5Bedroom(s)

4Bathroom(s)

C$1175000

Residential For Sale

222 Rolling Hills Drive, Waverley, NS B2R 1B5

More Details

4Bedroom(s)

4Bathroom(s)

AttachedParking(s)

43Picture(s)

3,258Sqft

Listing courtesy of Dockside Realty

C$639900

Residential For Sale

222 Rolling Hills Drive, Waverley, NS B2R 1B5

4Bedroom(s)

4Bathroom(s)

AttachedParking(s)

3,258Sqft

Listing courtesy of Dockside Realty

Stunning 4-bedroom, 4 Full-bath Lindal Cedar home on ¾-acre with lake views and access to Lake William! Featuring post-and-beam solid cedar construction, hardwood floors, and expansive windows with magnificent sunset views from large upper and lower decks.

C$639900

Residential For Sale

222 Rolling Hills Drive, Waverley, NS B2R 1B5

Listing courtesy of Dockside Realty

4Bedroom(s)

4Bathroom(s)

C$639900

Residential For Sale

31 General Avenue, Fairview, NS B3M 1E9

More Details

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

32Picture(s)

1,056Sqft

Listing courtesy of Sutton Group Professional Realty

C$245000

Residential For Sale

31 General Avenue, Fairview, NS B3M 1E9

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

1,056Sqft

Listing courtesy of Sutton Group Professional Realty

Incredible opportunity to live in one of the largest mini homes in Fairview Estates. This 1,056 sq ft home is in a great location for enjoying affordable city living while still being close to major roadways and amenities. Step inside to a large, bright living and dining space with windows galore and a vaulted ceiling (9 feet at its highest).

C$245000

Residential For Sale

31 General Avenue, Fairview, NS B3M 1E9

Listing courtesy of Sutton Group Professional Realty

2Bedroom(s)

1Bathroom(s)

C$245000

4806 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

22 Abbey Road, Garlands Crossing, NS B0N 2T0

Residential For Sale

Residential For Sale

Residential For Sale

128-128 Bromley Road, Halifax, NS B3P 2L7

Residential For Sale

Residential For Sale

Residential For Sale

2626 Highway 2, Shubenacadie, NS B0N 2H0

Residential For Sale

Residential For Sale

Residential For Sale

3135 Greenfield Road, Gaspereau, NS B4P 0L1

Residential For Sale

Residential For Sale

Residential For Sale

Lot 3 Kemptown Road, Kemptown, NS B6L 2H9

Residential For Sale

Residential For Sale

Residential For Sale

119 Sandy Place, Valley, NS B6L 4G4

Residential For Sale

Residential For Sale

Residential For Sale

111 Skyridge Avenue, Lower Sackville, NS B4C 1R5

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.