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

7 Michaela Street, Pictou Ns B0k 1h0

More Details

2Bedroom(s)

2Bathroom(s)

ConcreteParking(s)

7Picture(s)

1,320Sqft

Listing courtesy of The Agency Real Estate Brokerage

C$424900

Residential For Sale

7 Michaela Street, Pictou Ns B0k 1h0

2Bedroom(s)

2Bathroom(s)

ConcreteParking(s)

1,320Sqft

Listing courtesy of The Agency Real Estate Brokerage

This is a Facsimile Listing for a New Build. Photos Included Are Artist Renderings. Welcome to The Ivy—Your gateway to effortless living in seaside Pictou. Discover The Ivy, the perfect home on a double lot for those seeking a low-maintenance, all-inclusive lifestyle - with no condo fees.

C$424900

Residential For Sale

7 Michaela Street, Pictou Ns B0k 1h0

Listing courtesy of The Agency Real Estate Brokerage

2Bedroom(s)

2Bathroom(s)

C$424900

Residential For Sale

6 Michaela Street, Pictou Ns B0k 1h0

More Details

2Bedroom(s)

2Bathroom(s)

ConcreteParking(s)

8Picture(s)

1,600Sqft

Listing courtesy of The Agency Real Estate Brokerage

C$378500

Residential For Sale

6 Michaela Street, Pictou Ns B0k 1h0

2Bedroom(s)

2Bathroom(s)

ConcreteParking(s)

1,600Sqft

Listing courtesy of The Agency Real Estate Brokerage

This is a Facsimile Listing for a New Build. Photos Included Are Artist Renderings. Welcome to The Iris—Effortless coastal living in charming Pictou. Step into your dream home at RoseView Estates, where modern comfort meets seaside serenity. Designed with lifestyle & comfort in mind, The Iris offers the perfect combination of low-maintenance living and timeless elegance - with no condo fees.

C$378500

Residential For Sale

6 Michaela Street, Pictou Ns B0k 1h0

Listing courtesy of The Agency Real Estate Brokerage

2Bedroom(s)

2Bathroom(s)

C$378500

Residential For Sale

2058 New Campbellton Road, Cape Dauphin Ns B1x 1x5

More Details

2Bedroom(s)

1Bathroom(s)

DirtParking(s)

28Picture(s)

720Sqft

Listing courtesy of RE/MAX Park Place Inc.

C$205000

Residential For Sale

2058 New Campbellton Road, Cape Dauphin Ns B1x 1x5

2Bedroom(s)

1Bathroom(s)

DirtParking(s)

720Sqft

Listing courtesy of RE/MAX Park Place Inc.

7.5 ACRES of beautiful hardwood forest with 435 FEET of accessible OCEANFRONT! Life on New Campbellton Road is peaceful and attractive. Live where your worries of the day will be washed away with the ebb & flow of the tide and where you can swim from your very own beachfront.

C$205000

Residential For Sale

2058 New Campbellton Road, Cape Dauphin Ns B1x 1x5

Listing courtesy of RE/MAX Park Place Inc.

2Bedroom(s)

1Bathroom(s)

C$205000

Residential For Sale

Lot 115a Jessome Avenue, Lantz Ns B2s 0c5

More Details

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

2Picture(s)

1,823Sqft

Listing courtesy of Sutton Group Professional Realty

C$549900

Residential For Sale

Lot 115a Jessome Avenue, Lantz Ns B2s 0c5

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

1,823Sqft

Listing courtesy of Sutton Group Professional Realty

Semi detached home in Lantz by Marchand Homes. This family friendly home is located at the end of a cul de sac with a landscaped lot, single car garage and many additional features. Inside you will find a main floor that has an open concept living room, dining area and kitchen. The kitchen has quartz counter tops, white shaker style cabinets to the ceiling and a 3'x5' center island.

C$549900

Residential For Sale

Lot 115a Jessome Avenue, Lantz Ns B2s 0c5

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

3Bathroom(s)

C$549900

Residential For Sale

12723 Cabot Trail, Grand Étang Ns B0e 1h0

More Details

4Bedroom(s)

2Bathroom(s)

NoneParking(s)

45Picture(s)

1,190Sqft

Listing courtesy of RE/MAX Park Place Inc.

C$249000

Residential For Sale

12723 Cabot Trail, Grand Étang Ns B0e 1h0

4Bedroom(s)

2Bathroom(s)

NoneParking(s)

1,190Sqft

Listing courtesy of RE/MAX Park Place Inc.

Welcome to picturesque Grand Etang—a captivating 4.5-ACRE WATERFRONT retreat offering breathtaking ocean views and the soothing salt breeze. This unique property features a charming four-bedroom, two-bathroom home nestled behind mature trees, proudly positioned at the center of a circular driveway.

C$249000

Residential For Sale

12723 Cabot Trail, Grand Étang Ns B0e 1h0

Listing courtesy of RE/MAX Park Place Inc.

4Bedroom(s)

2Bathroom(s)

C$249000

Residential For Sale

1907 329 Highway, Hubbards Ns B0j 1t0

More Details

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

37Picture(s)

3,000Sqft

Listing courtesy of Duckworth Real Estate(Chester)

C$1299000

Residential For Sale

1907 329 Highway, Hubbards Ns B0j 1t0

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

3,000Sqft

Listing courtesy of Duckworth Real Estate(Chester)

A solid, maintenance free, two-year-old property with 360 feet of direct ocean frontage facing east for those stunning sunrises. Looking southwards to Peggy’s Cove Lighthouse and open ocean down the mouth of St. Margaret’s Bay, you will see whales, seals, big tunas, and all manner of sea wildlife.

C$1299000

Residential For Sale

1907 329 Highway, Hubbards Ns B0j 1t0

Listing courtesy of Duckworth Real Estate(Chester)

3Bedroom(s)

3Bathroom(s)

C$1299000

Residential For Sale

Lot 114b Jessome Avenue, Lantz Ns B2s 0c5

More Details

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

18Picture(s)

1,911Sqft

Listing courtesy of Sutton Group Professional Realty

C$549900

Residential For Sale

Lot 114b Jessome Avenue, Lantz Ns B2s 0c5

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

1,911Sqft

Listing courtesy of Sutton Group Professional Realty

C$549900

Residential For Sale

Lot 114b Jessome Avenue, Lantz Ns B2s 0c5

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

3Bathroom(s)

C$549900

Residential For Sale

Lot 114a Jessome Avenue, Lantz Ns B2s 0c5

More Details

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

16Picture(s)

1,902Sqft

Listing courtesy of Sutton Group Professional Realty

C$549900

Residential For Sale

Lot 114a Jessome Avenue, Lantz Ns B2s 0c5

3Bedroom(s)

3Bathroom(s)

SingleParking(s)

1,902Sqft

Listing courtesy of Sutton Group Professional Realty

C$549900

Residential For Sale

Lot 114a Jessome Avenue, Lantz Ns B2s 0c5

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

3Bathroom(s)

C$549900

Residential For Sale

121 Parish Street Lot 708, Fall River Ns B2t 0w5

More Details

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

3Picture(s)

2,248Sqft

Listing courtesy of Sutton Group Professional Realty

C$921900

Residential For Sale

121 Parish Street Lot 708, Fall River Ns B2t 0w5

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,248Sqft

Listing courtesy of Sutton Group Professional Realty

Marchand Homes - Quincey - Located in the desirable Kinloch Estates subdivision in Fall River. The main level will wow you with its two storey family room with floor to ceiling windows, open concept living with the dining and kitchen with a corner pantry, a great room, and mudroom entry from the double car garage with a powder room.

C$921900

Residential For Sale

121 Parish Street Lot 708, Fall River Ns B2t 0w5

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

3Bathroom(s)

C$921900

Residential For Sale

2020 East Jeddore Road, East Jeddore Ns B0j 2l0

More Details

3Bedroom(s)

1Bathroom(s)

NoneParking(s)

27Picture(s)

1,148Sqft

Listing courtesy of Sutton Group Professional Realty

C$325000

Residential For Sale

2020 East Jeddore Road, East Jeddore Ns B0j 2l0

3Bedroom(s)

1Bathroom(s)

NoneParking(s)

1,148Sqft

Listing courtesy of Sutton Group Professional Realty

Welcome to beautiful East Jeddore! This charming mobile sits on almost two acres of land! Lot is very private. Large open concept living room and kitchen with lots of sunshine. Three good size bedrooms with plenty of space. Two of the bedrooms have a lovely view of the ocean. Home has a new roof in 2015. Bathroom has a newer shower insert. Plenty of parking! Also storage in the 12 by 11 shed.

C$325000

Residential For Sale

2020 East Jeddore Road, East Jeddore Ns B0j 2l0

Listing courtesy of Sutton Group Professional Realty

3Bedroom(s)

1Bathroom(s)

C$325000

Residential For Sale

1005 Alma Road, Sylvester Ns B0k 1a0

More Details

3Bedroom(s)

1Bathroom(s)

NoneParking(s)

50Picture(s)

1,512Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

C$275000

Residential For Sale

1005 Alma Road, Sylvester Ns B0k 1a0

3Bedroom(s)

1Bathroom(s)

NoneParking(s)

1,512Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

Welcome to your dream country bungalow, the perfect blend of comfort and modern living, ideal for both first-time buyers and those looking to downsize. This recently renovated three-bedroom, one-bath home is nestled in a sought-after location on Alma Rd, just minutes away from the charming towns of New Glasgow and Pictou.

C$275000

Residential For Sale

1005 Alma Road, Sylvester Ns B0k 1a0

Listing courtesy of Viewpoint Realty Services Inc. (Pictou)

3Bedroom(s)

1Bathroom(s)

C$275000

Residential For Sale

209-590 St George Street, Annapolis Royal Ns B0s 1a0

More Details

2Bedroom(s)

2Bathroom(s)

AssignedParking(s)

35Picture(s)

723Sqft

Listing courtesy of Exit Realty Town & Country

C$268000

Residential For Sale

209-590 St George Street, Annapolis Royal Ns B0s 1a0

2Bedroom(s)

2Bathroom(s)

AssignedParking(s)

723Sqft

Listing courtesy of Exit Realty Town & Country

Step into luxury with this fabulous two-bedroom condo in a converted mid-century school located in the heart of Annapolis Royal! Built in 2018, this unit boasts oversized north-facing windows that flood the living space with perfect natural light - ideal for artists and creatives looking for inspiration.

C$268000

Residential For Sale

209-590 St George Street, Annapolis Royal Ns B0s 1a0

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

2Bathroom(s)

C$268000

4284 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

7 Michaela Street, Pictou Ns B0k 1h0

Residential For Sale

Residential For Sale

Residential For Sale

6 Michaela Street, Pictou Ns B0k 1h0

Residential For Sale

Residential For Sale

Residential For Sale

2058 New Campbellton Road, Cape Dauphin Ns B1x 1x5

Residential For Sale

Residential For Sale

Residential For Sale

Lot 115a Jessome Avenue, Lantz Ns B2s 0c5

Residential For Sale

Residential For Sale

Residential For Sale

12723 Cabot Trail, Grand Étang Ns B0e 1h0

Residential For Sale

Residential For Sale

Residential For Sale

1907 329 Highway, Hubbards Ns B0j 1t0

Residential For Sale

Residential For Sale

Residential For Sale

Lot 114b Jessome Avenue, Lantz Ns B2s 0c5

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.