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

45 Grove Avenue, Beaver Bank, NS B4G 1B7

More Details

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

31Picture(s)

1,937Sqft

Listing courtesy of Exit Real Estate Professionals

C$559900

Residential For Sale

45 Grove Avenue, Beaver Bank, NS B4G 1B7

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,937Sqft

Listing courtesy of Exit Real Estate Professionals

Check out this amazing detached split entry home offering comfort, space, and a feel of country living just minutes to the city on a massive lot with municipal services! This well maintained property features 3 bedrooms and 2 full baths.

C$559900

Residential For Sale

45 Grove Avenue, Beaver Bank, NS B4G 1B7

Listing courtesy of Exit Real Estate Professionals

3Bedroom(s)

2Bathroom(s)

C$559900

Residential For Sale

852 Moose Pit Road, Queens County, NS B0T 1B0

More Details

3Bedroom(s)

2Bathroom(s)

14Picture(s)

1,047Sqft

Listing courtesy of HonestDoor Inc

C$499900

Residential For Sale

852 Moose Pit Road, Queens County, NS B0T 1B0

3Bedroom(s)

2Bathroom(s)

1,047Sqft

Listing courtesy of HonestDoor Inc

Newly constructed 3 bedroom, 1.5 bath home on concrete slab foundation. Home is situated on a 1.1 acre lot with 200 feet of direct frontage on Tupper Lake. Home features vaulted ceiling and double patio doors looking towards the lake. Home will be finished with a 24' X 6' deck facing the lake. Home comes with 10 year Atlantic Home Warranty coverage. Price is $438,508.

C$499900

Residential For Sale

852 Moose Pit Road, Queens County, NS B0T 1B0

Listing courtesy of HonestDoor Inc

3Bedroom(s)

2Bathroom(s)

C$499900

Residential For Sale

1491 Maclellan's Brook Road, Greenwood, NS B2H 5C7

More Details

4Bedroom(s)

3Bathroom(s)

AttachedParking(s)

42Picture(s)

2,254Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

C$659000

Residential For Sale

1491 Maclellan's Brook Road, Greenwood, NS B2H 5C7

4Bedroom(s)

3Bathroom(s)

AttachedParking(s)

2,254Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

Private, Efficient, and Built to Last this 4-bedroom, 3-bath home is just 19 years young and sits on two PIDs totaling 5.9 acres in and only 10 minutes for the town of Pictou County. Thoughtfully constructed with ICF construction from the basement to the roof trusses and triple-pane windows, this is a rare opportunity to own one of the area’s more energy-efficient homes.

C$659000

Residential For Sale

1491 Maclellan's Brook Road, Greenwood, NS B2H 5C7

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

4Bedroom(s)

3Bathroom(s)

C$659000

Residential For Sale

1402 Kolbec Road, Kolbec, NS B0M 1P0

More Details

2Bedroom(s)

2Bathroom(s)

OtherParking(s)

42Picture(s)

968Sqft

Listing courtesy of Starscape Realty Ltd.

C$622000

Residential For Sale

1402 Kolbec Road, Kolbec, NS B0M 1P0

2Bedroom(s)

2Bathroom(s)

OtherParking(s)

968Sqft

Listing courtesy of Starscape Realty Ltd.

A long lane leads to a peaceful riverside retreat, past a 5-acre blueberry field, ending at a family oasis. This 15-acre property offers a new 2-bedroom home, a 2-bedroom cottage, and space to park an RV—all with over 1,400 feet on the River Philip. Whether you're looking for a play space, a home, or a getaway for the whole family, this property offers it all.

C$622000

Residential For Sale

1402 Kolbec Road, Kolbec, NS B0M 1P0

Listing courtesy of Starscape Realty Ltd.

2Bedroom(s)

2Bathroom(s)

C$622000

Residential For Sale

259 Loop Old Highway 4 Highway, Kemptown, NS B6L 2J5

More Details

2Bedroom(s)

1Bathroom(s)

DoubleParking(s)

50Picture(s)

1,120Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

C$309500

Residential For Sale

259 Loop Old Highway 4 Highway, Kemptown, NS B6L 2J5

2Bedroom(s)

1Bathroom(s)

DoubleParking(s)

1,120Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

Nestled in a serene country setting on the outskirts of Truro, this charming property has been thoughtfully updated, including a new septic system. Located in a welcoming community known for weekend events and a playground, it offers a perfect blend of tranquility and neighborly spirit. Step inside to a modern, newer kitchen featuring an abundance of cabinetry, ensuring ample storage space.

C$309500

Residential For Sale

259 Loop Old Highway 4 Highway, Kemptown, NS B6L 2J5

Listing courtesy of Keller Williams Select Realty (Truro)

2Bedroom(s)

1Bathroom(s)

C$309500

Residential For Sale

173 Mcintyre Lane, Glace Bay, NS B1A 4S1

More Details

3Bedroom(s)

2Bathroom(s)

GravelParking(s)

25Picture(s)

1,656Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Sydney)

C$249000

Residential For Sale

173 Mcintyre Lane, Glace Bay, NS B1A 4S1

3Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,656Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Sydney)

Welcome to 173 McIntyre Lane, a well-maintained bungalow set on a quiet street in Glace Bay, offering ocean air, sunset views, and a comfortable layout that’s ready for its next owner. This home has seen many upgrades over the years and shows pride of ownership throughout.

C$249000

Residential For Sale

173 Mcintyre Lane, Glace Bay, NS B1A 4S1

Listing courtesy of Viewpoint Realty Services Inc. (Sydney)

3Bedroom(s)

2Bathroom(s)

C$249000

Residential For Sale

22 Wild Rose Drive, East Mountain, NS B6L 2N3

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

50Picture(s)

1,370Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

C$399000

Residential For Sale

22 Wild Rose Drive, East Mountain, NS B6L 2N3

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,370Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

Brand-New Semi-Detached Homes in East Mountain – Steps from the Golf Green, Minutes from Town Located within walking distance of the golf course and nestled on a quiet dead-end street, these newly built semi-detached homes in East Mountain offer the perfect blend of peaceful country living and modern comfort.

C$399000

Residential For Sale

22 Wild Rose Drive, East Mountain, NS B6L 2N3

Listing courtesy of Keller Williams Select Realty (Truro)

3Bedroom(s)

2Bathroom(s)

C$399000

Residential For Sale

147 Blainedale Drive, Salmon River, NS B2N 6M3

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

50Picture(s)

1,217Sqft

Listing courtesy of RE/MAX Nova

C$389900

Residential For Sale

147 Blainedale Drive, Salmon River, NS B2N 6M3

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,217Sqft

Listing courtesy of RE/MAX Nova

This newly built 3-bedroom, slab-on-grade home with an attached single-car garage is filled with natural light—the windows truly make the home, creating an airy, welcoming feel throughout. The U-shaped kitchen features Quartz countertops, white cabinetry, built-in recycling, a modern Lazy Susan, and a versatile frosted-panel closet ideal for use as a pantry or coat closet.

C$389900

Residential For Sale

147 Blainedale Drive, Salmon River, NS B2N 6M3

Listing courtesy of RE/MAX Nova

3Bedroom(s)

2Bathroom(s)

C$389900

Residential For Sale

145 Blainedale Drive, Salmon River, NS B2N 6M3

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

50Picture(s)

1,217Sqft

Listing courtesy of RE/MAX Nova

C$389900

Residential For Sale

145 Blainedale Drive, Salmon River, NS B2N 6M3

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,217Sqft

Listing courtesy of RE/MAX Nova

C$389900

Residential For Sale

145 Blainedale Drive, Salmon River, NS B2N 6M3

Listing courtesy of RE/MAX Nova

3Bedroom(s)

2Bathroom(s)

C$389900

Residential For Sale

2279 North Street, Westville, NS B0K 2A0

More Details

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

39Picture(s)

1,260Sqft

Listing courtesy of RE/MAX Fairlane Realty

C$289500

Residential For Sale

2279 North Street, Westville, NS B0K 2A0

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,260Sqft

Listing courtesy of RE/MAX Fairlane Realty

This gorgeous home with one of the nicest hillside views in Nova Scotia has had almost EVERYTHING updated.

C$289500

Residential For Sale

2279 North Street, Westville, NS B0K 2A0

Listing courtesy of RE/MAX Fairlane Realty

2Bedroom(s)

2Bathroom(s)

C$289500

Residential For Sale

23 Halton Drive, Elmsdale, NS B2S 0L1

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

42Picture(s)

1,200Sqft

Listing courtesy of Keller Williams Select Realty

C$399900

Residential For Sale

23 Halton Drive, Elmsdale, NS B2S 0L1

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,200Sqft

Listing courtesy of Keller Williams Select Realty

Welcome to Castlegrove Estates in Elmsdale, where this immaculate, move-in ready home delivers the perfect blend of modern comfort, thoughtful design, and high-value upgrades.

C$399900

Residential For Sale

23 Halton Drive, Elmsdale, NS B2S 0L1

Listing courtesy of Keller Williams Select Realty

3Bedroom(s)

2Bathroom(s)

C$399900

Residential For Sale

69 Sherwood Drive, Wolfville, NS B4P 2K5

More Details

4Bedroom(s)

3Bathroom(s)

GravelParking(s)

49Picture(s)

2,372Sqft

Listing courtesy of MacKay Real Estate Ltd.

C$685000

Residential For Sale

69 Sherwood Drive, Wolfville, NS B4P 2K5

4Bedroom(s)

3Bathroom(s)

GravelParking(s)

2,372Sqft

Listing courtesy of MacKay Real Estate Ltd.

This beautiful and unique home is tucked away on one of Wolfville's most desirable, tree-lined streets. This award-winning property blends luxury, warmth, and thoughtful design, offering a lifestyle that feels both elevated and deeply connected to the community.

C$685000

Residential For Sale

69 Sherwood Drive, Wolfville, NS B4P 2K5

Listing courtesy of MacKay Real Estate Ltd.

4Bedroom(s)

3Bathroom(s)

C$685000

3105 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

45 Grove Avenue, Beaver Bank, NS B4G 1B7

Residential For Sale

Residential For Sale

Residential For Sale

852 Moose Pit Road, Queens County, NS B0T 1B0

Residential For Sale

Residential For Sale

Residential For Sale

1491 Maclellan's Brook Road, Greenwood, NS B2H 5C7

Residential For Sale

Residential For Sale

Residential For Sale

1402 Kolbec Road, Kolbec, NS B0M 1P0

Residential For Sale

Residential For Sale

Residential For Sale

259 Loop Old Highway 4 Highway, Kemptown, NS B6L 2J5

Residential For Sale

Residential For Sale

Residential For Sale

173 Mcintyre Lane, Glace Bay, NS B1A 4S1

Residential For Sale

Residential For Sale

Residential For Sale

22 Wild Rose Drive, East Mountain, NS B6L 2N3

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.