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

Rampart Court Lot 3014, Beechville, NS B3T 0M5

More Details

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

40Picture(s)

2,248Sqft

Listing courtesy of Royal LePage Atlantic

C$689900

Residential For Sale

Rampart Court Lot 3014, Beechville, NS B3T 0M5

4Bedroom(s)

4Bathroom(s)

SingleParking(s)

2,248Sqft

Listing courtesy of Royal LePage Atlantic

Welcome to PHASE 3!!! of Halifax’s most exciting new project. Located right next to expanding & booming Bayers Lake Shopping district. Walk to movie theatres, shopping, restaurants, and TONS of amenities including the new hospital. ATN is happy & proud to offer detached & built to fantastic standards.

C$689900

Residential For Sale

Rampart Court Lot 3014, Beechville, NS B3T 0M5

Listing courtesy of Royal LePage Atlantic

4Bedroom(s)

4Bathroom(s)

C$689900

Residential For Sale

1005 Highway 205, Baddeck Bay Ns B0e 1b0

More Details

3Bedroom(s)

3Bathroom(s)

OtherParking(s)

50Picture(s)

2,448Sqft

Listing courtesy of Engel & Volkers

C$835000

Residential For Sale

1005 Highway 205, Baddeck Bay Ns B0e 1b0

3Bedroom(s)

3Bathroom(s)

OtherParking(s)

2,448Sqft

Listing courtesy of Engel & Volkers

Welcome to your dream retreat in the heart of Cape Breton - this stunning handcrafted chalet-style log home offers both rustic charm and modern comfort. Thoughtfully designed and built in 2023, this spacious three level home features an open-concept layout, with large windows to capture natural light and showcase the scenic surroundings.

C$835000

Residential For Sale

1005 Highway 205, Baddeck Bay Ns B0e 1b0

Listing courtesy of Engel & Volkers

3Bedroom(s)

3Bathroom(s)

C$835000

Residential For Sale

901-60 Walter Havill Drive, Halifax Ns B3n 0a9

More Details

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

36Picture(s)

1,176Sqft

Listing courtesy of Verve Realty Group

C$469000

Residential For Sale

901-60 Walter Havill Drive, Halifax Ns B3n 0a9

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

1,176Sqft

Listing courtesy of Verve Realty Group

Bright and Spacious 2 Bedroom , 2 Full bathroom condo with a thoughtfully designed layout. The primary suite features a walk in closet, private ensuite with double vanity and access to a large balcony. Enjoy open concept living with a galley kitchen, breakfast bar and a seamless flow into the full bath offering comfort for guests or family.

C$469000

Residential For Sale

901-60 Walter Havill Drive, Halifax Ns B3n 0a9

Listing courtesy of Verve Realty Group

2Bedroom(s)

2Bathroom(s)

C$469000

Residential For Sale

74 Jack Daniels Lane, Juniper Mountain Ns B1k 0c2

More Details

4Bathroom(s)

DrivewayParking(s)

37Picture(s)

3,332Sqft

Listing courtesy of Cape Breton Realty

C$389000

Residential For Sale

74 Jack Daniels Lane, Juniper Mountain Ns B1k 0c2

4Bathroom(s)

DrivewayParking(s)

3,332Sqft

Listing courtesy of Cape Breton Realty

Opportunity to purchase a beautiful open concept building and follow your individual ideas to create your own, unique living space. 3,300 square feet to play with for an unbeatable price. The property is a well-maintained, open-concept building that previously operated as a restaurant.

C$389000

Residential For Sale

74 Jack Daniels Lane, Juniper Mountain Ns B1k 0c2

Listing courtesy of Cape Breton Realty

4Bathroom(s)

C$389000

Residential For Sale

42 Rowan Avenue, New Glasgow Ns B2h 0a4

More Details

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

45Picture(s)

4,400Sqft

Listing courtesy of Royal LePage Atlantic(Stellarton)

C$670000

Residential For Sale

42 Rowan Avenue, New Glasgow Ns B2h 0a4

5Bedroom(s)

3Bathroom(s)

AttachedParking(s)

4,400Sqft

Listing courtesy of Royal LePage Atlantic(Stellarton)

Ok here it is… a contemporary bungalow with charming finishes, fabulous location, and so much space for family living. Granite countertops, walk-in pantry, stunning pillars…the list goes on and on.

C$670000

Residential For Sale

42 Rowan Avenue, New Glasgow Ns B2h 0a4

Listing courtesy of Royal LePage Atlantic(Stellarton)

5Bedroom(s)

3Bathroom(s)

C$670000

Residential For Sale

3154 Highway 334, Lower Wedgeport Ns B0w 1b0

More Details

3Bedroom(s)

1Bathroom(s)

No GarageParking(s)

28Picture(s)

1,332Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

C$149900

Residential For Sale

3154 Highway 334, Lower Wedgeport Ns B0w 1b0

3Bedroom(s)

1Bathroom(s)

No GarageParking(s)

1,332Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

Charming Family Home with Barn and Recent Survey in Lower Wedgeport This well-maintained 3-bedroom home in the heart of Lower Wedgeport offers a solid structure, a practical layout, and great potential for personalization. Recently surveyed in 2025 to professionally correct former property line issues, this property is ready for its next chapter.

C$149900

Residential For Sale

3154 Highway 334, Lower Wedgeport Ns B0w 1b0

Listing courtesy of Viewpoint Realty Services Inc. (Shelburne)

3Bedroom(s)

1Bathroom(s)

C$149900

Residential For Sale

13673 Highway #1, Hants Border Ns B0p 1p0

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

19Picture(s)

1,108Sqft

Listing courtesy of Parachute Realty

C$360000

Residential For Sale

13673 Highway #1, Hants Border Ns B0p 1p0

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,108Sqft

Listing courtesy of Parachute Realty

Discover the perfect blend of comfort and style in this beautifully designed new construction semi-detached home. Boasting 3 spacious bedrooms and 2 modern bathrooms in a single-level layout. The open-concept kitchen and dining area are ideal for entertaining, while the bright living room provides a cozy space for relaxation.

C$360000

Residential For Sale

13673 Highway #1, Hants Border Ns B0p 1p0

Listing courtesy of Parachute Realty

3Bedroom(s)

2Bathroom(s)

C$360000

Residential For Sale

632 Oakland Road, Indian Point Ns B0j 2e0

More Details

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

45Picture(s)

1,215Sqft

Listing courtesy of Engel & Volkers (Lunenburg)

C$479000

Residential For Sale

632 Oakland Road, Indian Point Ns B0j 2e0

3Bedroom(s)

2Bathroom(s)

OtherParking(s)

1,215Sqft

Listing courtesy of Engel & Volkers (Lunenburg)

This mid-20th century home has a quiet, idyllic enclave by the ocean. Nestled in what was once an active fishing village, Indian Point is an unassuming sought-after location on Nova Scotia's beautiful South Shore. The house overlooks a small bridge and a sheltered cove and beyond to the islands of greater Mahone Bay.

C$479000

Residential For Sale

632 Oakland Road, Indian Point Ns B0j 2e0

Listing courtesy of Engel & Volkers (Lunenburg)

3Bedroom(s)

2Bathroom(s)

C$479000

Residential For Sale

45 Alma Street, Yarmouth Ns B5a 3g7

More Details

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

22Picture(s)

2,739Sqft

Listing courtesy of Modern Realty

C$329900

Residential For Sale

45 Alma Street, Yarmouth Ns B5a 3g7

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

2,739Sqft

Listing courtesy of Modern Realty

Welcome to 45 Alma Street, a beautifully preserved Italianate-style home nestled in the heart of Yarmouth. Built circa 1887, this charming two-storey residence offers over 2,400 sq. ft. of living space, rich with historic detail and thoughtfully updated for modern comfort.

C$329900

Residential For Sale

45 Alma Street, Yarmouth Ns B5a 3g7

Listing courtesy of Modern Realty

4Bedroom(s)

2Bathroom(s)

C$329900

Residential For Sale

21 John Street, Lockeport Ns B0t 1l0

More Details

9Bedroom(s)

3Bathroom(s)

DetachedParking(s)

46Picture(s)

3,192Sqft

Listing courtesy of Engel & Volkers (Liverpool)

C$329000

Residential For Sale

21 John Street, Lockeport Ns B0t 1l0

9Bedroom(s)

3Bathroom(s)

DetachedParking(s)

3,192Sqft

Listing courtesy of Engel & Volkers (Liverpool)

Income Potential Historic Beachfront Retreat. Step back in time with this beautiful 3-storey Victorian masterpiece. The west-facing house is situated on a ¼ acre lot with water views. A 1.6 acre lot behind the house would be perfect for building your dream home and selling off the historic home, or just simply preserve it as your backyard haven.

C$329000

Residential For Sale

21 John Street, Lockeport Ns B0t 1l0

Listing courtesy of Engel & Volkers (Liverpool)

9Bedroom(s)

3Bathroom(s)

C$329000

Residential For Sale

210 Mack Lake Road, East Dalhousie Ns B0r 1h0

More Details

2Bedroom(s)

2Bathroom(s)

DetachedParking(s)

42Picture(s)

1,140Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

C$409000

Residential For Sale

210 Mack Lake Road, East Dalhousie Ns B0r 1h0

2Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,140Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

This charming, peaceful retreat on Mack Lake is now available! Situated on 1.33 acres with 147 feet of beautiful lake frontage, this home features 2+1 bedrooms and 1.5 bathrooms. The spacious, open-concept living area features hardwood and ceramic floors, and a large picture window offers breathtaking views of the lake.

C$409000

Residential For Sale

210 Mack Lake Road, East Dalhousie Ns B0r 1h0

Listing courtesy of Royal LePage Atlantic (New Minas)

2Bedroom(s)

2Bathroom(s)

C$409000

Residential For Sale

41 Neu-town Lane, Halfway Cove Ns B0h 1n0

More Details

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

47Picture(s)

1,200Sqft

Listing courtesy of Engel & Volkers

C$409000

Residential For Sale

41 Neu-town Lane, Halfway Cove Ns B0h 1n0

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,200Sqft

Listing courtesy of Engel & Volkers

Nestled in the scenic community of Halfway Cove, this charming oceanfront cottage offers a tranquil retreat surrounded by natural beauty. Perched on a gentle bluff, the property features sweeping ocean views that shift beautifully with the light and weather, creating a serene and ever-changing backdrop.

C$409000

Residential For Sale

41 Neu-town Lane, Halfway Cove Ns B0h 1n0

Listing courtesy of Engel & Volkers

2Bedroom(s)

2Bathroom(s)

C$409000

4291 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

Rampart Court Lot 3014, Beechville, NS B3T 0M5

Residential For Sale

Residential For Sale

Residential For Sale

1005 Highway 205, Baddeck Bay Ns B0e 1b0

Residential For Sale

Residential For Sale

Residential For Sale

901-60 Walter Havill Drive, Halifax Ns B3n 0a9

Residential For Sale

Residential For Sale

Residential For Sale

74 Jack Daniels Lane, Juniper Mountain Ns B1k 0c2

Residential For Sale

Residential For Sale

Residential For Sale

42 Rowan Avenue, New Glasgow Ns B2h 0a4

Residential For Sale

Residential For Sale

Residential For Sale

3154 Highway 334, Lower Wedgeport Ns B0w 1b0

Residential For Sale

Residential For Sale

Residential For Sale

13673 Highway #1, Hants Border Ns B0p 1p0

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.