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

410 Neville Street, Reserve Mines, NS B1E 1G5

More Details

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

32Picture(s)

1,120Sqft

Listing courtesy of RE/MAX Nova

C$460000

Residential For Sale

410 Neville Street, Reserve Mines, NS B1E 1G5

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

1,120Sqft

Listing courtesy of RE/MAX Nova

Welcome to 410 Neville Street—an incredible 35-acre property offering space, privacy, and potential in the heart of Reserve Mines. Formerly a working dairy farm, this land holds a wealth of opportunity for those looking to farm, develop, or invest in a unique rural setting. The property features a solid, well-built home with a functional layout.

C$460000

Residential For Sale

410 Neville Street, Reserve Mines, NS B1E 1G5

Listing courtesy of RE/MAX Nova

3Bedroom(s)

1Bathroom(s)

C$460000

Residential For Sale

3693 New Harris Road, New Harris, NS B1X 1T1

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

50Picture(s)

1,502Sqft

Listing courtesy of Royal Lepage Anchor Realty(North Sydney)

C$575000

Residential For Sale

3693 New Harris Road, New Harris, NS B1X 1T1

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,502Sqft

Listing courtesy of Royal Lepage Anchor Realty(North Sydney)

Welcome to Beautiful 3693 New Harris Road! Have you been dreaming of year-round living on the breathtaking Bras d’Or Lake, but want to stay connected—not remote? Are you a boating enthusiast looking for the perfect place to dock your vessel with all the comforts of home nearby? Look no further—this property is your perfect match! This charming 7-year-old bungalow has recently been enhanced w

C$575000

Residential For Sale

3693 New Harris Road, New Harris, NS B1X 1T1

Listing courtesy of Royal Lepage Anchor Realty(North Sydney)

3Bedroom(s)

2Bathroom(s)

C$575000

Residential For Sale

23 Ocean View Drive, Blue Rocks, NS B0J 2C0

More Details

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

47Picture(s)

1,118Sqft

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

C$525000

Residential For Sale

23 Ocean View Drive, Blue Rocks, NS B0J 2C0

2Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,118Sqft

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

This fabulous property could be straight out of Coastal Living Magazine! Located on a peaceful and quiet lane consisting of 3 homes, you are so close to the ocean that you can hear it, smell it and see it.

C$525000

Residential For Sale

23 Ocean View Drive, Blue Rocks, NS B0J 2C0

Listing courtesy of ViewPoint Realty Services Inc.(Lunenburg)

2Bedroom(s)

2Bathroom(s)

C$525000

Residential For Sale

446 Kingsburg Road, Lower Rose Bay, NS B0J 2X0

More Details

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

49Picture(s)

1,502Sqft

Listing courtesy of Engel & Volkers (Chester)

C$599000

Residential For Sale

446 Kingsburg Road, Lower Rose Bay, NS B0J 2X0

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,502Sqft

Listing courtesy of Engel & Volkers (Chester)

Just two minutes from Hirtles Beach, this classic 1.5 storey cape is perched on a hill taking in panoramic ocean views and all day sun from sunrise to sunset. The curb appeal is magnificent with freshly painted red wood siding and a re-shingled roof. With 1.

C$599000

Residential For Sale

446 Kingsburg Road, Lower Rose Bay, NS B0J 2X0

Listing courtesy of Engel & Volkers (Chester)

2Bedroom(s)

2Bathroom(s)

C$599000

Residential For Sale

29 Club Road, Hatchet Lake, NS B3T 1P8

More Details

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

27Picture(s)

1,049Sqft

Listing courtesy of Engel & Volkers

C$479900

Residential For Sale

29 Club Road, Hatchet Lake, NS B3T 1P8

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,049Sqft

Listing courtesy of Engel & Volkers

Modern Comfort Meets Small-Community Charm in Hatchet Lake! Welcome to this nearly new, detached single-family home in the heart of Hatchet Lake — a perfect blend of modern efficiency and relaxed coastal living. Built just two years ago, this 2-bedroom, 1.

C$479900

Residential For Sale

29 Club Road, Hatchet Lake, NS B3T 1P8

Listing courtesy of Engel & Volkers

2Bedroom(s)

2Bathroom(s)

C$479900

Residential For Sale

63 Elm Street, Bridgewater, NS B4V 2V5

More Details

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

25Picture(s)

1,517Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

C$249900

Residential For Sale

63 Elm Street, Bridgewater, NS B4V 2V5

3Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,517Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

Conveniently located downtown Bridgewater. This 4 bedroom home with 2 baths is waiting for someone to make it their own. A house of character and design that could offer a family a nice home. With the right buyer, a little imagination, someone who loves restoration this could be a great investment. This is not a driveby, it's a home waiting for you.

C$249900

Residential For Sale

63 Elm Street, Bridgewater, NS B4V 2V5

Listing courtesy of Royal LePage Atlantic (New Minas)

3Bedroom(s)

2Bathroom(s)

C$249900

Residential For Sale

4706 Highway 340, Havelock, NS B0W 3T0

More Details

4Bedroom(s)

3Bathroom(s)

OtherParking(s)

50Picture(s)

3,360Sqft

Listing courtesy of Exit Realty Town & Country

C$850000

Residential For Sale

4706 Highway 340, Havelock, NS B0W 3T0

4Bedroom(s)

3Bathroom(s)

OtherParking(s)

3,360Sqft

Listing courtesy of Exit Realty Town & Country

An exceptional and rare opportunity awaits with this expansive multi-property package. Encompassing several parcels of land and diverse structures, this offering is ideal for entrepreneurs, investors, or families seeking a versatile estate that seamlessly blends residential comfort with commercial potential. At the heart of this package is 4706 Highway 340, a property rich in possibilities.

C$850000

Residential For Sale

4706 Highway 340, Havelock, NS B0W 3T0

Listing courtesy of Exit Realty Town & Country

4Bedroom(s)

3Bathroom(s)

C$850000

Residential For Sale

6730 Little River Road, Oxford, NS B0M 1P0

More Details

2Bedroom(s)

1Bathroom(s)

23Picture(s)

768Sqft

Listing courtesy of Starscape Realty Ltd.

C$189500

Residential For Sale

6730 Little River Road, Oxford, NS B0M 1P0

2Bedroom(s)

1Bathroom(s)

768Sqft

Listing courtesy of Starscape Realty Ltd.

Easy living in a small town. Walking distance to everything. A two bedroom bungalow, recently receiving an interior overhaul. Feels new inside and the outside is in excellent condition. Roof, electrical, plumbing, all good. It will make a low maintenance home for many years and includes new flooring & fresh paint.

C$189500

Residential For Sale

6730 Little River Road, Oxford, NS B0M 1P0

Listing courtesy of Starscape Realty Ltd.

2Bedroom(s)

1Bathroom(s)

C$189500

Residential For Sale

1462 Thornvale Avenue, Halifax, NS B3H 4C2

More Details

4Bedroom(s)

7Bathroom(s)

AttachedParking(s)

44Picture(s)

9,452Sqft

Listing courtesy of Royal LePage Atlantic

C$5995000

Residential For Sale

1462 Thornvale Avenue, Halifax, NS B3H 4C2

4Bedroom(s)

7Bathroom(s)

AttachedParking(s)

9,452Sqft

Listing courtesy of Royal LePage Atlantic

Unparalleled luxury, this grand estate boasts an indoor pool, sauna, outdoor rink perfect for the budding hockey player and is situated on a huge 1.3 acre lot in the deep sought after south end. Built in 1956 and just shy of 9500 square foot home boasts incredible curb appeal, beautiful landscaping, and is siutuated in one of Halifax's most prestigious areas.

C$5995000

Residential For Sale

1462 Thornvale Avenue, Halifax, NS B3H 4C2

Listing courtesy of Royal LePage Atlantic

4Bedroom(s)

7Bathroom(s)

C$5995000

Residential For Sale

3836 Memorial Drive, Halifax, NS B3K 6R6

More Details

4Bedroom(s)

4Bathroom(s)

PavedParking(s)

38Picture(s)

2,009Sqft

Listing courtesy of RE/MAX Nova (Halifax)

C$587000

Residential For Sale

3836 Memorial Drive, Halifax, NS B3K 6R6

4Bedroom(s)

4Bathroom(s)

PavedParking(s)

2,009Sqft

Listing courtesy of RE/MAX Nova (Halifax)

Location, location, location! Welcome to 3836 Memorial Drive! Located on one of the most convenient, quiet and desirable streets in the sought after North End of Halifax’s peninsula; this carpet free townhome has so much to offer. This home is just in walking distance to NSCC, schools, restaurants, playgrounds and bus stops.

C$587000

Residential For Sale

3836 Memorial Drive, Halifax, NS B3K 6R6

Listing courtesy of RE/MAX Nova (Halifax)

4Bedroom(s)

4Bathroom(s)

C$587000

Residential For Sale

9997 Highway 1, Marshalltown, NS B0V 1A0

More Details

2Bedroom(s)

2Bathroom(s)

DetachedParking(s)

50Picture(s)

1,197Sqft

Listing courtesy of RE/MAX Banner Real Estate(Digby)

C$259000

Residential For Sale

9997 Highway 1, Marshalltown, NS B0V 1A0

2Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,197Sqft

Listing courtesy of RE/MAX Banner Real Estate(Digby)

Great starter home located minutes to Digby the Scallop Capital of the World. The house sits on 3 acres consisting of two PIDs. The driveway is single paved with enough room to park two vehicles. There is a detached wired garage with a shop attached at the back which is great for a wood shed or woodworking shop or chickens.

C$259000

Residential For Sale

9997 Highway 1, Marshalltown, NS B0V 1A0

Listing courtesy of RE/MAX Banner Real Estate(Digby)

2Bedroom(s)

2Bathroom(s)

C$259000

Residential For Sale

20 Seyval Drive, Avonport, NS B0P 1P0

More Details

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

25Picture(s)

1,270Sqft

Listing courtesy of Parachute Realty

C$409900

Residential For Sale

20 Seyval Drive, Avonport, NS B0P 1P0

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,270Sqft

Listing courtesy of Parachute Realty

Welcome to Harvest Landing, where comfort, style, and lifestyle come together, nestled in Nova Scotia’s beautiful Annapolis Valley. These thoughtfully designed 2-bedroom, 2-bathroom bungalow town-homes offer the perfect blend of quality craftsmanship and low-maintenance living.

C$409900

Residential For Sale

20 Seyval Drive, Avonport, NS B0P 1P0

Listing courtesy of Parachute Realty

2Bedroom(s)

2Bathroom(s)

C$409900

3351 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

410 Neville Street, Reserve Mines, NS B1E 1G5

Residential For Sale

Residential For Sale

Residential For Sale

3693 New Harris Road, New Harris, NS B1X 1T1

Residential For Sale

Residential For Sale

Residential For Sale

23 Ocean View Drive, Blue Rocks, NS B0J 2C0

Residential For Sale

Residential For Sale

Residential For Sale

446 Kingsburg Road, Lower Rose Bay, NS B0J 2X0

Residential For Sale

Residential For Sale

Residential For Sale

29 Club Road, Hatchet Lake, NS B3T 1P8

Residential For Sale

Residential For Sale

Residential For Sale

63 Elm Street, Bridgewater, NS B4V 2V5

Residential For Sale

Residential For Sale

Residential For Sale

4706 Highway 340, Havelock, NS B0W 3T0

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.