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

833 Basinview Drive, Bedford, NS B4A 3N4

More Details

4Bedroom(s)

4Bathroom(s)

DoubleParking(s)

48Picture(s)

2,827Sqft

Listing courtesy of Royal LePage Atlantic

C$849500

Residential For Sale

833 Basinview Drive, Bedford, NS B4A 3N4

4Bedroom(s)

4Bathroom(s)

DoubleParking(s)

2,827Sqft

Listing courtesy of Royal LePage Atlantic

Welcome to this bright and spacious 4-bedroom, 4-bath home offering 2,827 sq. ft. in a family-friendly neighbourhood just up the street from Basinview Drive School. Enjoy all-day sun in the south-facing backyard, complete with a lush summer hedge, trees, and an extended 4-car paved driveway (2023).

C$849500

Residential For Sale

833 Basinview Drive, Bedford, NS B4A 3N4

Listing courtesy of Royal LePage Atlantic

4Bedroom(s)

4Bathroom(s)

C$849500

Residential For Sale

100 Freshwater Trail, Russell Lake, NS B2W 0A5

More Details

5Bedroom(s)

4Bathroom(s)

AttachedParking(s)

50Picture(s)

3,438Sqft

Listing courtesy of Royal LePage Atlantic

C$1195000

Residential For Sale

100 Freshwater Trail, Russell Lake, NS B2W 0A5

5Bedroom(s)

4Bathroom(s)

AttachedParking(s)

3,438Sqft

Listing courtesy of Royal LePage Atlantic

Discover lakeside living at its finest with this spacious waterfront home on beautiful Russell Lake—perfect for swimming, paddleboarding, kayaking, and enjoying your private dock. This 5-bedroom, 3.5-bath property offers a family-friendly layout ideal for multigenerational living, including a bright 1-bedroom in-law suite with its own independent entrance.

C$1195000

Residential For Sale

100 Freshwater Trail, Russell Lake, NS B2W 0A5

Listing courtesy of Royal LePage Atlantic

5Bedroom(s)

4Bathroom(s)

C$1195000

Residential For Sale

26 Willies Lane, Fox Point, NS B0J 1T0

More Details

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

46Picture(s)

1,543Sqft

Listing courtesy of Royal LePage Atlantic

C$574900

Residential For Sale

26 Willies Lane, Fox Point, NS B0J 1T0

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

1,543Sqft

Listing courtesy of Royal LePage Atlantic

Welcome to 26 Willies Lane in Fox Point. Built in 2014, this property offers exceptional potential with over 1,000 sq. ft. of unfinished space ready for future development. The attic is plumbed for a full bathroom, allowing for a future primary suite, studio, or guest retreat.

C$574900

Residential For Sale

26 Willies Lane, Fox Point, NS B0J 1T0

Listing courtesy of Royal LePage Atlantic

3Bedroom(s)

1Bathroom(s)

C$574900

Residential For Sale

20 Pine Street, Bridgewater, NS B4V 1X5

More Details

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

32Picture(s)

1,400Sqft

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

C$369000

Residential For Sale

20 Pine Street, Bridgewater, NS B4V 1X5

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,400Sqft

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

If you are looking to downsize or just start off with a wonderful, manageable sized property that has had many updates, then this cozy home on a spacious lot is all you will ever need. This sweet little gem is a two bedroom home in a quiet area of Bridgewater yet easy walking distance to all of the downtown's amenities.

C$369000

Residential For Sale

20 Pine Street, Bridgewater, NS B4V 1X5

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

2Bedroom(s)

2Bathroom(s)

C$369000

Residential For Sale

5313 Russell Street, Halifax, NS B3K 1W8

More Details

4Bedroom(s)

1Bathroom(s)

SingleParking(s)

32Picture(s)

1,472Sqft

Listing courtesy of Red Door Realty

C$799900

Residential For Sale

5313 Russell Street, Halifax, NS B3K 1W8

4Bedroom(s)

1Bathroom(s)

SingleParking(s)

1,472Sqft

Listing courtesy of Red Door Realty

Character and charm abound in this meticulously maintained and updated 2.5-storey home occupying a prime corner lot on Russell Street in the highly sought-after Hydrostone district. Available for the first time since built, this quintessential Halifax abode has been cherished by the same family for 84 years. Original trim and hardware are carried throughout the home, defining its unique character.

C$799900

Residential For Sale

5313 Russell Street, Halifax, NS B3K 1W8

Listing courtesy of Red Door Realty

4Bedroom(s)

1Bathroom(s)

C$799900

Residential For Sale

34 Ava Lane, East Uniacke, NS B0N 1Z0

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

47Picture(s)

1,812Sqft

Listing courtesy of Royal LePage Atlantic - Valley(Windsor)

C$689900

Residential For Sale

34 Ava Lane, East Uniacke, NS B0N 1Z0

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,812Sqft

Listing courtesy of Royal LePage Atlantic - Valley(Windsor)

Welcome to this beautiful 4-year-old split-entry home offering 3 bedrooms, 2 full baths, and an impressive list of upgrades—perfect for those seeking modern comfort on a peaceful country property. Step inside to an inviting open-concept living, dining, and kitchen area, highlighted by a cozy electric fireplace and patio doors leading to the back deck.

C$689900

Residential For Sale

34 Ava Lane, East Uniacke, NS B0N 1Z0

Listing courtesy of Royal LePage Atlantic - Valley(Windsor)

3Bedroom(s)

2Bathroom(s)

C$689900

Residential For Sale

78 Bromley Road, Spryfield, NS B3P 2L7

More Details

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

28Picture(s)

1,302Sqft

Listing courtesy of Exit Realty Metro

C$375000

Residential For Sale

78 Bromley Road, Spryfield, NS B3P 2L7

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

1,302Sqft

Listing courtesy of Exit Realty Metro

A fantastic opportunity awaits first-time home buyers with this spacious, family-friendly condo townhouse just minutes from downtown. Situated close to all amenities, including parks, schools, recreation, trails, shopping, and transit, this home offers the perfect blend of convenience and comfort. Enjoy the benefit of a private parking lot with an assigned space located just steps from your door.

C$375000

Residential For Sale

78 Bromley Road, Spryfield, NS B3P 2L7

Listing courtesy of Exit Realty Metro

3Bedroom(s)

2Bathroom(s)

C$375000

Residential For Sale

462 Bald Rock Road, Sambro, NS B3V 1K9

More Details

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

38Picture(s)

3,160Sqft

Listing courtesy of PG Direct Realty Ltd.

C$1499999

Residential For Sale

462 Bald Rock Road, Sambro, NS B3V 1K9

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

3,160Sqft

Listing courtesy of PG Direct Realty Ltd.

Visit REALTOR® website for additional information. Coastal bungalow with ocean views, 2.79 acres & new oceanfront guest house in Sambro. Perched on an elevated lot with sunsets and distant ocean views, this bright, updated ranch-style bungalow offers single-level living, modern upgrades, and great indoor–outdoor flow.

C$1499999

Residential For Sale

462 Bald Rock Road, Sambro, NS B3V 1K9

Listing courtesy of PG Direct Realty Ltd.

5Bedroom(s)

3Bathroom(s)

C$1499999

Residential For Sale

259 Big Tancook Island Road, Big Tancook Island, NS B0J 3G0

More Details

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

32Picture(s)

1,200Sqft

Listing courtesy of Easy List Realty Ltd.

C$339000

Residential For Sale

259 Big Tancook Island Road, Big Tancook Island, NS B0J 3G0

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,200Sqft

Listing courtesy of Easy List Realty Ltd.

For more information, please click the "More Information" button. Discover a beautifully rebuilt 4-bedroom, 2-bath oceanview home, offering the perfect blend of maritime charm and contemporary style. Taken right down to the studs in 2020, House comes fully furnished. Quick Closing. All new plumbing, electrical, insulation, windows and metal roof.

C$339000

Residential For Sale

259 Big Tancook Island Road, Big Tancook Island, NS B0J 3G0

Listing courtesy of Easy List Realty Ltd.

4Bedroom(s)

2Bathroom(s)

C$339000

Residential For Sale

200 Bondi Drive Lot 5073, Middle Sackville, NS B4E 0W2

More Details

4Bedroom(s)

3Bathroom(s)

DoubleParking(s)

1Picture(s)

2,197Sqft

Listing courtesy of Sutton Group Professional Realty

C$952215

Residential For Sale

200 Bondi Drive Lot 5073, Middle Sackville, NS B4E 0W2

4Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,197Sqft

Listing courtesy of Sutton Group Professional Realty

Sold before processing

C$952215

Residential For Sale

200 Bondi Drive Lot 5073, Middle Sackville, NS B4E 0W2

Listing courtesy of Sutton Group Professional Realty

4Bedroom(s)

3Bathroom(s)

C$952215

Residential For Sale

209 Lewis Drive, West Bedford, NS B4B 0L3

More Details

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

5Picture(s)

2,537Sqft

Listing courtesy of Royal LePage Atlantic

C$844900

Residential For Sale

209 Lewis Drive, West Bedford, NS B4B 0L3

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

2,537Sqft

Listing courtesy of Royal LePage Atlantic

**Ready to move in by February 28, 2026** Introducing The Bellmore, a beautifully crafted 4-bedroom, 3.5-bath detached home byShaughnessy Homes in Belle Rose Park, West Bedford. Spanning 2,537 sq. ft. across three finished levels on a 34’ lot, this homeblends modern style with everyday functionality.

C$844900

Residential For Sale

209 Lewis Drive, West Bedford, NS B4B 0L3

Listing courtesy of Royal LePage Atlantic

4Bedroom(s)

4Bathroom(s)

C$844900

Residential For Sale

24 Lynn Road, Halifax, NS B3N 1S4

More Details

3Bedroom(s)

1Bathroom(s)

17Picture(s)

1,327Sqft

Listing courtesy of Parachute Realty

C$529900

Residential For Sale

24 Lynn Road, Halifax, NS B3N 1S4

3Bedroom(s)

1Bathroom(s)

1,327Sqft

Listing courtesy of Parachute Realty

Unlock the full potential of this renovated three-bedroom, one-and-a-half-storey home located just off Purcell’s Cove Road in one of Halifax’s most in-demand areas. With updated kitchen and bath, bright functional layout, and well-maintained interior, this property is immediately rentable....but the true value lies in its long term development opportunity.

C$529900

Residential For Sale

24 Lynn Road, Halifax, NS B3N 1S4

Listing courtesy of Parachute Realty

3Bedroom(s)

1Bathroom(s)

C$529900

3403 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

833 Basinview Drive, Bedford, NS B4A 3N4

Residential For Sale

Residential For Sale

Residential For Sale

100 Freshwater Trail, Russell Lake, NS B2W 0A5

Residential For Sale

Residential For Sale

Residential For Sale

26 Willies Lane, Fox Point, NS B0J 1T0

Residential For Sale

Residential For Sale

Residential For Sale

20 Pine Street, Bridgewater, NS B4V 1X5

Residential For Sale

Residential For Sale

Residential For Sale

5313 Russell Street, Halifax, NS B3K 1W8

Residential For Sale

Residential For Sale

Residential For Sale

34 Ava Lane, East Uniacke, NS B0N 1Z0

Residential For Sale

Residential For Sale

Residential For Sale

78 Bromley Road, Spryfield, NS B3P 2L7

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.