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

8402 Highway 1, Meteghan, NS B0W 2J0

More Details

3Bedroom(s)

2Bathroom(s)

GravelParking(s)

41Picture(s)

1,656Sqft

Listing courtesy of Engel & Volkers (Yarmouth)

C$281673

Residential For Sale

8402 Highway 1, Meteghan, NS B0W 2J0

3Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,656Sqft

Listing courtesy of Engel & Volkers (Yarmouth)

Welcome to this solid and inviting 3-bedroom, 1.5-bath home, ideally situated in the heart of Meteghan. Tucked away in a quiet, family-friendly neighborhood, it offers the perfect balance of convenience and tranquility.

C$281673

Residential For Sale

8402 Highway 1, Meteghan, NS B0W 2J0

Listing courtesy of Engel & Volkers (Yarmouth)

3Bedroom(s)

2Bathroom(s)

C$281673

Residential For Sale

8153 St. Margarets Bay Road, Ingramport, NS B3Z 2Y7

More Details

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

43Picture(s)

1,624Sqft

Listing courtesy of Duckworth Real Estate(Chester)

C$549900

Residential For Sale

8153 St. Margarets Bay Road, Ingramport, NS B3Z 2Y7

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,624Sqft

Listing courtesy of Duckworth Real Estate(Chester)

Welcome to 8153 St. Margarets Bay Road — a charming, move-in-ready 2-storey home offering 1,625 sq. ft. of finished space, full of character, curb appeal, and cozy coastal vibes. Set on a beautifully landscaped 0.6-acre lot, this “cute as a button” property is ideal for families, outdoor lovers, or anyone seeking an escape from city stresses while staying within easy reach of amenities.

C$549900

Residential For Sale

8153 St. Margarets Bay Road, Ingramport, NS B3Z 2Y7

Listing courtesy of Duckworth Real Estate(Chester)

3Bedroom(s)

2Bathroom(s)

C$549900

Residential For Sale

252 Brushes Lane, Richmond, NS B5A 5S3

More Details

2Bedroom(s)

1Bathroom(s)

12Picture(s)

496Sqft

Listing courtesy of Trinav Realty

C$175000

Residential For Sale

252 Brushes Lane, Richmond, NS B5A 5S3

2Bedroom(s)

1Bathroom(s)

496Sqft

Listing courtesy of Trinav Realty

Looking for a cottage on a good fresh water lake? This cute insulated 2 bedroom cottage is located on Darlings Lake. Very private treed 1.08 lake frontage property. Recent upgrades include exterior smart panel, flooring and pine board walls. Both bedrooms are a good size, full bathroom, open concept kitchen/dining and a living room overlooking the lake. Nice deck off the living room.

C$175000

Residential For Sale

252 Brushes Lane, Richmond, NS B5A 5S3

Listing courtesy of Trinav Realty

2Bedroom(s)

1Bathroom(s)

C$175000

Residential For Sale

7715 Gabarus Highway Highway, Gabarus, NS B1K 2A7

More Details

3Bedroom(s)

1Bathroom(s)

GravelParking(s)

50Picture(s)

1,440Sqft

Listing courtesy of Coldwell Banker Boardwalk Realty

C$399900

Residential For Sale

7715 Gabarus Highway Highway, Gabarus, NS B1K 2A7

3Bedroom(s)

1Bathroom(s)

GravelParking(s)

1,440Sqft

Listing courtesy of Coldwell Banker Boardwalk Realty

Pristine lakefront with unobstructed , direct views of the atlantic ocean. A rare and exceptional combination offering the best of both worlds. This beautifully refinished 3-bedroom, 1-bath home offers 200 feet of lake frontage and breathtaking panoramic views of both the ocean and the lake. Nestled on Levers Lake great for fishing and is stocked regularly with Rainbow Trout! Set on 2.

C$399900

Residential For Sale

7715 Gabarus Highway Highway, Gabarus, NS B1K 2A7

Listing courtesy of Coldwell Banker Boardwalk Realty

3Bedroom(s)

1Bathroom(s)

C$399900

Residential For Sale

7006 Highway 201, Lawrencetown, NS B0P 1M0

More Details

3Bedroom(s)

1Bathroom(s)

GravelParking(s)

29Picture(s)

1,149Sqft

Listing courtesy of RE/MAX Banner Real Estate

C$191700

Residential For Sale

7006 Highway 201, Lawrencetown, NS B0P 1M0

3Bedroom(s)

1Bathroom(s)

GravelParking(s)

1,149Sqft

Listing courtesy of RE/MAX Banner Real Estate

Located just outside of Lawrencetown in the beautiful Annapolis Valley, this 3-bedroom side-split sits on an impressive 7.7-acre property and is packed with potential. Whether you're looking for privacy, space, or room to dream big, this property delivers.

C$191700

Residential For Sale

7006 Highway 201, Lawrencetown, NS B0P 1M0

Listing courtesy of RE/MAX Banner Real Estate

3Bedroom(s)

1Bathroom(s)

C$191700

Residential For Sale

6 Hamilton Avenue, Brookfield, NS B0N 1C0

More Details

5Bedroom(s)

2Bathroom(s)

DoubleParking(s)

50Picture(s)

1,974Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

C$549900

Residential For Sale

6 Hamilton Avenue, Brookfield, NS B0N 1C0

5Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,974Sqft

Listing courtesy of Keller Williams Select Realty (Truro)

Situated on a 0.52-acre corner lot in the sought-after Village of Brookfield, this rare gem combines historic charm with tasteful modern updates. Featuring 5 bedrooms, 2 bathrooms, a living room, den, fully renovated kitchen, dedicated laundry room, maid’s suite, open attic, and a detached double garage, this spacious two-storey home offers everything for comfortable family living.

C$549900

Residential For Sale

6 Hamilton Avenue, Brookfield, NS B0N 1C0

Listing courtesy of Keller Williams Select Realty (Truro)

5Bedroom(s)

2Bathroom(s)

C$549900

Residential For Sale

11565 Peggys Cove Road, Seabright, NS B3Z 2Y1

More Details

3Bedroom(s)

2Bathroom(s)

No GarageParking(s)

49Picture(s)

2,182Sqft

Listing courtesy of Red Door Realty(20036)

C$974900

Residential For Sale

11565 Peggys Cove Road, Seabright, NS B3Z 2Y1

3Bedroom(s)

2Bathroom(s)

No GarageParking(s)

2,182Sqft

Listing courtesy of Red Door Realty(20036)

Cedar home, breathtaking water view, and enviable water access with fully developed waterfront. Massive 65x25' deck (rebuilt June 2025) (accessible by landing and stairs) has ramp, float, and deep mooring for 10,000lbs plus three storage containers, shed, and natural stone fireplace.

C$974900

Residential For Sale

11565 Peggys Cove Road, Seabright, NS B3Z 2Y1

Listing courtesy of Red Door Realty(20036)

3Bedroom(s)

2Bathroom(s)

C$974900

Residential For Sale

19 Hillside Drive, Cornwallis Park, NS B0S 1H0

More Details

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

26Picture(s)

1,150Sqft

Listing courtesy of Exit Realty Town & Country

C$165000

Residential For Sale

19 Hillside Drive, Cornwallis Park, NS B0S 1H0

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

1,150Sqft

Listing courtesy of Exit Realty Town & Country

Affordably priced and full of potential, this inviting 2-bedroom, 1-bath semi-detached home at 19 Hillside Drive in Cornwallis Park is an excellent opportunity for first-time buyers, downsizers, or investors looking to grow their rental portfolio. A side deck with views of the Annapolis Basin sets a lovely tone before you even step inside.

C$165000

Residential For Sale

19 Hillside Drive, Cornwallis Park, NS B0S 1H0

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

1Bathroom(s)

C$165000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

More Details

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

28Picture(s)

620Sqft

Listing courtesy of Exit Realty Town & Country

C$195000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

620Sqft

Listing courtesy of Exit Realty Town & Country

Located on a sizable lot set back from Purdy Road, this 4.08-acre off-grid property offers the freedom, space, and potential that off-grid enthusiasts and hobby-farm dreamers are searching for.

C$195000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

1Bathroom(s)

C$195000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

More Details

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

28Picture(s)

620Sqft

Listing courtesy of Exit Realty Town & Country

C$195000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

2Bedroom(s)

1Bathroom(s)

SingleParking(s)

620Sqft

Listing courtesy of Exit Realty Town & Country

Located on a sizable lot set back from Purdy Road, this 4.08-acre off-grid property offers the freedom, space, and potential that off-grid enthusiasts and hobby-farm dreamers are searching for.

C$195000

Residential For Sale

788 Purdy Road, Waldeck West, NS B0S 1J0

Listing courtesy of Exit Realty Town & Country

2Bedroom(s)

1Bathroom(s)

C$195000

Residential For Sale

2405 Roosevelt Drive, Halifax, NS B3L 3H8

More Details

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

39Picture(s)

2,050Sqft

Listing courtesy of Royal LePage Atlantic

C$1350000

Residential For Sale

2405 Roosevelt Drive, Halifax, NS B3L 3H8

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,050Sqft

Listing courtesy of Royal LePage Atlantic

Modern living meets thoughtful design in this stunning 4-year-old home on the Peninsula. From the moment you step inside, the airy 10-foot ceilings and abundant natural light create an inviting sense of space.

C$1350000

Residential For Sale

2405 Roosevelt Drive, Halifax, NS B3L 3H8

Listing courtesy of Royal LePage Atlantic

3Bedroom(s)

3Bathroom(s)

C$1350000

Residential For Sale

158 Thomas Street, Enfield, NS B3E 1M7

More Details

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

40Picture(s)

2,888Sqft

Listing courtesy of Keller Williams Select Realty

C$629000

Residential For Sale

158 Thomas Street, Enfield, NS B3E 1M7

3Bedroom(s)

3Bathroom(s)

DoubleParking(s)

2,888Sqft

Listing courtesy of Keller Williams Select Realty

Dreaming of living in the highly sought after growing community of Enfield? Looking for a beautiful well maintained family home with additional income potential? Look no further! Welcome to 158 Thomas Street! This charming 3 bed 2.5 bath bungalow is nestled in a serene country setting, on a sprawling 1.5-acre private lot.

C$629000

Residential For Sale

158 Thomas Street, Enfield, NS B3E 1M7

Listing courtesy of Keller Williams Select Realty

3Bedroom(s)

3Bathroom(s)

C$629000

3352 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

8402 Highway 1, Meteghan, NS B0W 2J0

Residential For Sale

Residential For Sale

Residential For Sale

8153 St. Margarets Bay Road, Ingramport, NS B3Z 2Y7

Residential For Sale

Residential For Sale

Residential For Sale

252 Brushes Lane, Richmond, NS B5A 5S3

Residential For Sale

Residential For Sale

Residential For Sale

7715 Gabarus Highway Highway, Gabarus, NS B1K 2A7

Residential For Sale

Residential For Sale

Residential For Sale

7006 Highway 201, Lawrencetown, NS B0P 1M0

Residential For Sale

Residential For Sale

Residential For Sale

6 Hamilton Avenue, Brookfield, NS B0N 1C0

Residential For Sale

Residential For Sale

Residential For Sale

11565 Peggys Cove Road, Seabright, NS B3Z 2Y1

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.