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

66 Main Street, Liverpool, NS B0T 1K0

More Details

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

50Picture(s)

2,503Sqft

Listing courtesy of RE/MAX Nova (Halifax)

C$525000

Residential For Sale

66 Main Street, Liverpool, NS B0T 1K0

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

2,503Sqft

Listing courtesy of RE/MAX Nova (Halifax)

**Significant upgrades without increasing the price! The oil furnace has been removed and there now is a ducted electric furnace for heat and a/c. Along with this there is a new 200 amp electric panel and a new power pole (December 2025.)** Experience the epitome of luxury coastal living in Liverpool, Nova Scotia.

C$525000

Residential For Sale

66 Main Street, Liverpool, NS B0T 1K0

Listing courtesy of RE/MAX Nova (Halifax)

4Bedroom(s)

2Bathroom(s)

C$525000

Residential For Sale

116 New Zealand Road, Cherry Hill, NS B0J 2H0

More Details

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

24Picture(s)

928Sqft

Listing courtesy of EXIT Realty Inter Lake

C$350000

Residential For Sale

116 New Zealand Road, Cherry Hill, NS B0J 2H0

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

928Sqft

Listing courtesy of EXIT Realty Inter Lake

Nestled on the quiet and peaceful New Zealand Road in the sought-after community of Cherry Hill, this beautifully reimagined home offers the perfect blend of modern comfort and rural charm.

C$350000

Residential For Sale

116 New Zealand Road, Cherry Hill, NS B0J 2H0

Listing courtesy of EXIT Realty Inter Lake

3Bedroom(s)

1Bathroom(s)

C$350000

Residential For Sale

8865 8869 Hwy 101 Highway, Brighton, NS B0V 1A0

More Details

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

30Picture(s)

1,755Sqft

Listing courtesy of Century 21 Trident Realty Ltd.

C$649999

Residential For Sale

8865 8869 Hwy 101 Highway, Brighton, NS B0V 1A0

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

1,755Sqft

Listing courtesy of Century 21 Trident Realty Ltd.

Welcome to a great investment opportunity. A 3 bedroom 1 bathroom home nestled on 3.56 acres of stunning oceanfront land. This property even includes your own private beach offering idyllic coastal lifestyle.

C$649999

Residential For Sale

8865 8869 Hwy 101 Highway, Brighton, NS B0V 1A0

Listing courtesy of Century 21 Trident Realty Ltd.

3Bedroom(s)

1Bathroom(s)

C$649999

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

More Details

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

50Picture(s)

2,160Sqft

Listing courtesy of Coldwell Banker Performance Realty

C$429000

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

2,160Sqft

Listing courtesy of Coldwell Banker Performance Realty

Perched gracefully on a gentle hilltop, this beautifully crafted Viceroy home offers commanding views of Two Islands and the Bay of Fundy's Minas Basin, where the ever-changing hues of sky and sea create a living work of art.

C$429000

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

Listing courtesy of Coldwell Banker Performance Realty

4Bedroom(s)

2Bathroom(s)

C$429000

Residential For Sale

4011 Highway 358, South Scots Bay, NS B0P 1H0

More Details

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

4Picture(s)

560Sqft

Listing courtesy of EXP Realty of Canada Inc.

C$185000

Residential For Sale

4011 Highway 358, South Scots Bay, NS B0P 1H0

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

560Sqft

Listing courtesy of EXP Realty of Canada Inc.

A great fixer upper located on 3.41 Acres in the quiet community of South Scots Bay. Use your imanigation to renovate this house into the home you dreamed of. Currently 3 bedrooms and 1 bath. Shed/barn on property. Close to Cape Split, the Look off, numerous beaches, vineyards, microbreweries, farm stands and all the beautiful Annapolis Valley has to offer.

C$185000

Residential For Sale

4011 Highway 358, South Scots Bay, NS B0P 1H0

Listing courtesy of EXP Realty of Canada Inc.

3Bedroom(s)

1Bathroom(s)

C$185000

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

More Details

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

50Picture(s)

2,160Sqft

Listing courtesy of Coldwell Banker Performance Realty

C$429000

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

4Bedroom(s)

2Bathroom(s)

No GarageParking(s)

2,160Sqft

Listing courtesy of Coldwell Banker Performance Realty

C$429000

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

Listing courtesy of Coldwell Banker Performance Realty

4Bedroom(s)

2Bathroom(s)

C$429000

Residential For Sale

6 Macquarrie Drive Extension, Port Hawkesbury, NS B9A 3S9

More Details

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

16Picture(s)

1,100Sqft

Listing courtesy of RE/MAX Park Place Inc. (Port Hawkesbury)

C$479000

Residential For Sale

6 Macquarrie Drive Extension, Port Hawkesbury, NS B9A 3S9

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

1,100Sqft

Listing courtesy of RE/MAX Park Place Inc. (Port Hawkesbury)

Ideal location for future development! This 4.8 acre lot is ZONED R-3 (RESIDENTIAL MULTIPLE UNIT) and centrally located in the heart of Port Hawkesbury and within walking distance to all amenities, such as grocery stores, restaurants, parks, walking trails, high school and Civic Center. There is a century home on the property that could be restored or removed to accommodate new builds.

C$479000

Residential For Sale

6 Macquarrie Drive Extension, Port Hawkesbury, NS B9A 3S9

Listing courtesy of RE/MAX Park Place Inc. (Port Hawkesbury)

3Bedroom(s)

1Bathroom(s)

C$479000

Residential For Sale

101 Second Avenue, Digby, NS B0V 1A0

More Details

2Bedroom(s)

1Bathroom(s)

GravelParking(s)

35Picture(s)

936Sqft

Listing courtesy of Exit Realty Town & Country

C$279900

Residential For Sale

101 Second Avenue, Digby, NS B0V 1A0

2Bedroom(s)

1Bathroom(s)

GravelParking(s)

936Sqft

Listing courtesy of Exit Realty Town & Country

Immaculate, well kept and commanding your attention. This desirable bungalow is ready for you to make it your own. Sitting pleasantly on a low maintenance lot in the Town of Digby and easy walking distance to all amenities, schools and Digby’s breathtaking waterfront.

C$279900

Residential For Sale

101 Second Avenue, Digby, NS B0V 1A0

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

1Bathroom(s)

C$279900

Residential For Sale

70 Gerrior Road, Larrys River, NS B0H 1T0

More Details

2Bedroom(s)

1Bathroom(s)

Circular DrivewayParking(s)

13Picture(s)

768Sqft

Listing courtesy of Del Mar Realty Inc.

C$94000

Residential For Sale

70 Gerrior Road, Larrys River, NS B0H 1T0

2Bedroom(s)

1Bathroom(s)

Circular DrivewayParking(s)

768Sqft

Listing courtesy of Del Mar Realty Inc.

This house and property are well maintained and cared for. Currently it is used as a cottage and lends itself very well for this purpose. A quiet and private location but close to the pavement. Very suitable for outdoor activities like fishing and hunting. Ample parking and a circular driveway make convenient use of the property. With a few upgraded it could serve as a full time residence as well.

C$94000

Residential For Sale

70 Gerrior Road, Larrys River, NS B0H 1T0

Listing courtesy of Del Mar Realty Inc.

2Bedroom(s)

1Bathroom(s)

C$94000

Residential For Sale

39 R-24, Cole Harbour, NS B0H 1T0

More Details

3Bedroom(s)

2Bathroom(s)

18Picture(s)

1,720Sqft

Listing courtesy of Del Mar Realty Inc.

C$235000

Residential For Sale

39 R-24, Cole Harbour, NS B0H 1T0

3Bedroom(s)

2Bathroom(s)

1,720Sqft

Listing courtesy of Del Mar Realty Inc.

Over 2.6 acres of marvellous ocean view, dotted with islands plus the vast expanse of the ocean from an elevated position. It is located in a very quiet, rural, subdivision. As good as it gets! The house is a solid 1720 sqft., two bedroom, one loft, plus two full bathrooms. A nice and clean22’ , heated, above ground pool, surrounded by a deck rounds up the picture.

C$235000

Residential For Sale

39 R-24, Cole Harbour, NS B0H 1T0

Listing courtesy of Del Mar Realty Inc.

3Bedroom(s)

2Bathroom(s)

C$235000

Residential For Sale

6946 Upper Clyde Road, Upper Clyde, NS B0T 1W0

More Details

2Bedroom(s)

1Bathroom(s)

15Picture(s)

720Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

C$147500

Residential For Sale

6946 Upper Clyde Road, Upper Clyde, NS B0T 1W0

2Bedroom(s)

1Bathroom(s)

720Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

tucked away off the Upper Clyde Road, this 2 bedroom cottage is ready for new owners. About 10km to Welkum Park, this is a great spot for a getaway or could be finished for a year round home. Open concept kitchen, livingroom and dining area. Features wood stove, screened sunroom and lots of privacy.

C$147500

Residential For Sale

6946 Upper Clyde Road, Upper Clyde, NS B0T 1W0

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

2Bedroom(s)

1Bathroom(s)

C$147500

Residential For Sale

225 Hemlock Haven, Lower Ohio, NS B0T 1W0

More Details

1Bedroom(s)

1Bathroom(s)

GravelParking(s)

30Picture(s)

780Sqft

Listing courtesy of Keller Williams Select Realty

C$299000

Residential For Sale

225 Hemlock Haven, Lower Ohio, NS B0T 1W0

1Bedroom(s)

1Bathroom(s)

GravelParking(s)

780Sqft

Listing courtesy of Keller Williams Select Realty

Welcome to your perfect escape—whether you’re seeking year-round living or a seasonal getaway, this beautiful lakeside property delivers comfort, privacy, and breathtaking views. Built in 2000 and featuring 240 feet of private lake frontage, this property offers direct access to boating, swimming, and fishing.

C$299000

Residential For Sale

225 Hemlock Haven, Lower Ohio, NS B0T 1W0

Listing courtesy of Keller Williams Select Realty

1Bedroom(s)

1Bathroom(s)

C$299000

3099 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

66 Main Street, Liverpool, NS B0T 1K0

Residential For Sale

Residential For Sale

Residential For Sale

116 New Zealand Road, Cherry Hill, NS B0J 2H0

Residential For Sale

Residential For Sale

Residential For Sale

8865 8869 Hwy 101 Highway, Brighton, NS B0V 1A0

Residential For Sale

Residential For Sale

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

Residential For Sale

Residential For Sale

Residential For Sale

4011 Highway 358, South Scots Bay, NS B0P 1H0

Residential For Sale

Residential For Sale

Residential For Sale

34 Ridgeview Lane, Greenhill, NS B0M 1S0

Residential For Sale

Residential For Sale

Residential For Sale

6 Macquarrie Drive Extension, Port Hawkesbury, NS B9A 3S9

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.