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

2382 Highway 289, Middle Stewiacke, NS B0N 1C0

More Details

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

26Picture(s)

1,198Sqft

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

C$349900

Residential For Sale

2382 Highway 289, Middle Stewiacke, NS B0N 1C0

3Bedroom(s)

2Bathroom(s)

DetachedParking(s)

1,198Sqft

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

This well built 1980 bungalow is less than 30 minutes to Truro and under an hour to Halifax. Finished with wood siding and steel roofing, this home is built to weather the storms. Your kitchen comes equipped with all appliances, plenty of counter and storage spaces, easy care vinyl floors and a dining area with sliding door to the back porch.

C$349900

Residential For Sale

2382 Highway 289, Middle Stewiacke, NS B0N 1C0

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

3Bedroom(s)

2Bathroom(s)

C$349900

Residential For Sale

33 Kirk Road, Middle Stewiacke, NS B0N 1C0

More Details

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

42Picture(s)

1,056Sqft

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

C$449900

Residential For Sale

33 Kirk Road, Middle Stewiacke, NS B0N 1C0

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

1,056Sqft

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

What a wonderful opportunity to enjoy the quiet riverside life with this 3BR, 2 bath home in the country. Less than 30 minutes to Truro and less than an hour to Halifax yet off the beaten path describes this property gem on 5.44 acres of naturally beautiful land.

C$449900

Residential For Sale

33 Kirk Road, Middle Stewiacke, NS B0N 1C0

Listing courtesy of Coldwell Banker Open Door Realty Ltd.

3Bedroom(s)

2Bathroom(s)

C$449900

Residential For Sale

304-2 Lake Drive, Bedford, NS B4A 4H7

More Details

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

35Picture(s)

1,180Sqft

Listing courtesy of Royal LePage Atlantic

C$525000

Residential For Sale

304-2 Lake Drive, Bedford, NS B4A 4H7

2Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,180Sqft

Listing courtesy of Royal LePage Atlantic

Come explore this incredible opportunity to own a sought after 2 bedroom, 2 bath lake-side unit at Casa Bonavista! This stunning unit offers west-facing views of Papermill Lake from every principal window. Enjoy the open concept living and dining room with Brazilian cherry flooring, and spacious renovated kitchen with granite counters, under cabinet lighting and custom backsplash.

C$525000

Residential For Sale

304-2 Lake Drive, Bedford, NS B4A 4H7

Listing courtesy of Royal LePage Atlantic

2Bedroom(s)

2Bathroom(s)

C$525000

Residential For Sale

790 Old Sackville Rd Road, Sackville, NS B4E 1R1

More Details

3Bedroom(s)

2Bathroom(s)

No GarageParking(s)

23Picture(s)

1,593Sqft

Listing courtesy of Keller Williams Select Realty

C$549900

Residential For Sale

790 Old Sackville Rd Road, Sackville, NS B4E 1R1

3Bedroom(s)

2Bathroom(s)

No GarageParking(s)

1,593Sqft

Listing courtesy of Keller Williams Select Realty

Welcome to 790 Old Sackville Rd. This charming, move-in-ready 3-bedroom home is the perfect blend of comfort and functionality. This lovely property boasts a fully finished basement, complete with a den and office, providing extra space to suit your needs. The basement also features convenient walkout access, opening up a world of possibilities for this versatile area.

C$549900

Residential For Sale

790 Old Sackville Rd Road, Sackville, NS B4E 1R1

Listing courtesy of Keller Williams Select Realty

3Bedroom(s)

2Bathroom(s)

C$549900

Residential For Sale

103-30 Waterfront Drive, Bedford, NS B4A 4H2

More Details

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

41Picture(s)

945Sqft

Listing courtesy of FLAT RATE REALTY CANADA LTD - 15099

C$475000

Residential For Sale

103-30 Waterfront Drive, Bedford, NS B4A 4H2

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

945Sqft

Listing courtesy of FLAT RATE REALTY CANADA LTD - 15099

Welcome to the beautiful Bedford waterfront! This gorgeous condo features two bedrooms plus a den/office and two full bathrooms. The open-concept kitchen includes a convenient pantry, and all appliances are brand new as of October 2025. The remainder of the unit boasts engineered hardwood floors.

C$475000

Residential For Sale

103-30 Waterfront Drive, Bedford, NS B4A 4H2

Listing courtesy of FLAT RATE REALTY CANADA LTD - 15099

2Bedroom(s)

2Bathroom(s)

C$475000

Residential For Sale

337 Goose Lake, Goose Lake, NS B0W 1G0

More Details

5Bedroom(s)

1Bathroom(s)

DirtParking(s)

45Picture(s)

1,252Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Barrington Passage)

C$475000

Residential For Sale

337 Goose Lake, Goose Lake, NS B0W 1G0

5Bedroom(s)

1Bathroom(s)

DirtParking(s)

1,252Sqft

Listing courtesy of Viewpoint Realty Services Inc. (Barrington Passage)

If you are looking for a family retreat, look no further! 337 goose lake extension is a large open concept cottage with a beautiful location. This recreational property could also double as your home with everything you need to enjoy the hot summer months while also being suitable for winter living.

C$475000

Residential For Sale

337 Goose Lake, Goose Lake, NS B0W 1G0

Listing courtesy of Viewpoint Realty Services Inc. (Barrington Passage)

5Bedroom(s)

1Bathroom(s)

C$475000

Residential For Sale

8 Summer Crescent, Bridgewater, NS B4V 3P3

More Details

3Bedroom(s)

1Bathroom(s)

40Picture(s)

944Sqft

Listing courtesy of Coldwell Banker Maritime Realty

C$174900

Residential For Sale

8 Summer Crescent, Bridgewater, NS B4V 3P3

3Bedroom(s)

1Bathroom(s)

944Sqft

Listing courtesy of Coldwell Banker Maritime Realty

Affordable Living in Eisenhauer Place, Bridgewater, Nova Scotia Discover comfort and convenience in Eisenhauer Place, one of Bridgewater’s most charming and mature mobile home communities.

C$174900

Residential For Sale

8 Summer Crescent, Bridgewater, NS B4V 3P3

Listing courtesy of Coldwell Banker Maritime Realty

3Bedroom(s)

1Bathroom(s)

C$174900

Residential For Sale

136 Victoria Street, Glace Bay, NS B1A 1Z8

More Details

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

17Picture(s)

1,230Sqft

Listing courtesy of Coldwell Banker Boardwalk Realty

C$160000

Residential For Sale

136 Victoria Street, Glace Bay, NS B1A 1Z8

2Bedroom(s)

2Bathroom(s)

GravelParking(s)

1,230Sqft

Listing courtesy of Coldwell Banker Boardwalk Realty

Charming HOME in the heart of Glace Bay. Discover the potential of this well built older home, ideally situated close to all amenities of the community. The interior has been re-designed, the walls have been primed and painted. With its solid structure and unbeatable location, this home is ready for a new owner to add their personal touch and bring it to life.

C$160000

Residential For Sale

136 Victoria Street, Glace Bay, NS B1A 1Z8

Listing courtesy of Coldwell Banker Boardwalk Realty

2Bedroom(s)

2Bathroom(s)

C$160000

Residential For Sale

23 Shamrock Drive, Halifax, NS B3M 3A5

More Details

3Bedroom(s)

1Bathroom(s)

No GarageParking(s)

13Picture(s)

896Sqft

Listing courtesy of Keller Williams Select Realty

C$255000

Residential For Sale

23 Shamrock Drive, Halifax, NS B3M 3A5

3Bedroom(s)

1Bathroom(s)

No GarageParking(s)

896Sqft

Listing courtesy of Keller Williams Select Realty

Welcome to this well-cared-for mini home in the heart of Fairview! Offering 3 bedrooms and 1 full bath, this home is designed with comfort and convenience in mind. The spacious kitchen features a large pantry, while outside you’ll enjoy a paved driveway, a fenced yard, and a handy storage shed.

C$255000

Residential For Sale

23 Shamrock Drive, Halifax, NS B3M 3A5

Listing courtesy of Keller Williams Select Realty

3Bedroom(s)

1Bathroom(s)

C$255000

Residential For Sale

130 Upper Mclean Street, Glace Bay, NS B1A 2L2

More Details

4Bedroom(s)

2Bathroom(s)

DoubleParking(s)

45Picture(s)

1,676Sqft

Listing courtesy of RE/MAX Park Place Inc.

C$259000

Residential For Sale

130 Upper Mclean Street, Glace Bay, NS B1A 2L2

4Bedroom(s)

2Bathroom(s)

DoubleParking(s)

1,676Sqft

Listing courtesy of RE/MAX Park Place Inc.

Welcome to 130 Upper McLean Street, Glace Bay a charming bungalow offering great value and versatility. The main level features three comfortable bedrooms, a spacious living room, a bright dining area, and a cozy, functional kitchen. The lower level includes a one-bedroom apartment currently rented, perfect for generating rental income or helping offset your mortgage.

C$259000

Residential For Sale

130 Upper Mclean Street, Glace Bay, NS B1A 2L2

Listing courtesy of RE/MAX Park Place Inc.

4Bedroom(s)

2Bathroom(s)

C$259000

Residential For Sale

70 Trundle Crescent, Middle Sackville, NS B4E 2X2

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

23Picture(s)

1,490Sqft

Listing courtesy of Exit Real Estate Professionals

C$519900

Residential For Sale

70 Trundle Crescent, Middle Sackville, NS B4E 2X2

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

1,490Sqft

Listing courtesy of Exit Real Estate Professionals

Nestled in the highly sought-after Millwood Subdivision, this meticulously cared-for home is a true gem. Featuring 3 bedrooms and 2 bathrooms, it sits proudly on a large corner lot that offers both curb appeal and extra outdoor space. Warm, inviting, and exceptionally maintained, this home showcases pride of ownership throughout.

C$519900

Residential For Sale

70 Trundle Crescent, Middle Sackville, NS B4E 2X2

Listing courtesy of Exit Real Estate Professionals

3Bedroom(s)

2Bathroom(s)

C$519900

Residential For Sale

123 Barrington, Sydney Mines, NS B1V 1R1

More Details

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

50Picture(s)

2,064Sqft

Listing courtesy of RE/MAX Park Place Inc.

C$359900

Residential For Sale

123 Barrington, Sydney Mines, NS B1V 1R1

4Bedroom(s)

2Bathroom(s)

GravelParking(s)

2,064Sqft

Listing courtesy of RE/MAX Park Place Inc.

This beautifully maintained 18-year-old bungalow is located in a sought-after subdivision in Sydney Mines, just minutes from all amenities and within walking distance of the high School. Situated on the last developed lot on a quiet street, the property offers exceptional privacy, minimal traffic, and a peaceful atmosphere — perfect for families or those looking to downsize in comfort.

C$359900

Residential For Sale

123 Barrington, Sydney Mines, NS B1V 1R1

Listing courtesy of RE/MAX Park Place Inc.

4Bedroom(s)

2Bathroom(s)

C$359900

4276 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

2382 Highway 289, Middle Stewiacke, NS B0N 1C0

Residential For Sale

Residential For Sale

Residential For Sale

33 Kirk Road, Middle Stewiacke, NS B0N 1C0

Residential For Sale

Residential For Sale

Residential For Sale

304-2 Lake Drive, Bedford, NS B4A 4H7

Residential For Sale

Residential For Sale

Residential For Sale

790 Old Sackville Rd Road, Sackville, NS B4E 1R1

Residential For Sale

Residential For Sale

Residential For Sale

103-30 Waterfront Drive, Bedford, NS B4A 4H2

Residential For Sale

Residential For Sale

Residential For Sale

337 Goose Lake, Goose Lake, NS B0W 1G0

Residential For Sale

Residential For Sale

Residential For Sale

8 Summer Crescent, Bridgewater, NS B4V 3P3

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.