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

552 Glen Allan Drive, Bridgewater, NS B4V 0A8

More Details

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

25Picture(s)

1,324Sqft

Listing courtesy of Holm Realty Limited

C$525000

Residential For Sale

552 Glen Allan Drive, Bridgewater, NS B4V 0A8

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

1,324Sqft

Listing courtesy of Holm Realty Limited

** Available for sale Feb / March 2026 ** Welcome to InTouch Homes! “New construction for amazing homes”, This beautiful design is located at 552 Glen Allan Drive , Bridgewater, Nova Scotia. As part of the Glen Allan subdivision, this ever-growing area is located on the east side of Bridgewater, Nova Scotia.

C$525000

Residential For Sale

552 Glen Allan Drive, Bridgewater, NS B4V 0A8

Listing courtesy of Holm Realty Limited

3Bedroom(s)

2Bathroom(s)

C$525000

Residential For Sale

534 Glen Allan Drive, Bridgewater, NS B4V 0A8

More Details

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

25Picture(s)

1,324Sqft

Listing courtesy of Holm Realty Limited

C$525000

Residential For Sale

534 Glen Allan Drive, Bridgewater, NS B4V 0A8

3Bedroom(s)

2Bathroom(s)

SingleParking(s)

1,324Sqft

Listing courtesy of Holm Realty Limited

Available for sale NOW – Welcome to InTouch Homes! “New construction for amazing homes”, This beautiful design is located at 534 Glen Allan Drive , Bridgewater, Nova Scotia. As part of the Glen Allan subdivision, this ever-growing area is located on the east side of Bridgewater, Nova Scotia.

C$525000

Residential For Sale

534 Glen Allan Drive, Bridgewater, NS B4V 0A8

Listing courtesy of Holm Realty Limited

3Bedroom(s)

2Bathroom(s)

C$525000

Residential For Sale

2944 Connolly Street, Halifax, NS B3L 3N6

More Details

4Bedroom(s)

2Bathroom(s)

SingleParking(s)

47Picture(s)

2,100Sqft

Listing courtesy of Exit Realty Metro

C$679000

Residential For Sale

2944 Connolly Street, Halifax, NS B3L 3N6

4Bedroom(s)

2Bathroom(s)

SingleParking(s)

2,100Sqft

Listing courtesy of Exit Realty Metro

WEST END IS THE BEST END!! This home is located on a quiet street on a nice corner lot. The home is ready for cosmetic updates but all the hard work has been done for you. There is hardwood under the carpets on the main level. Great sized kitchen for a growing family. Nice dry basement for a workshop and storage.

C$679000

Residential For Sale

2944 Connolly Street, Halifax, NS B3L 3N6

Listing courtesy of Exit Realty Metro

4Bedroom(s)

2Bathroom(s)

C$679000

Residential For Sale

8 Olympic Avenue, New Minas, NS B4N 3T8

More Details

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

39Picture(s)

980Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

C$184900

Residential For Sale

8 Olympic Avenue, New Minas, NS B4N 3T8

2Bedroom(s)

1Bathroom(s)

No GarageParking(s)

980Sqft

Listing courtesy of Royal LePage Atlantic (New Minas)

Move-In Ready for the Holidays in Desirable Parkwood Court Subdivision! Lovely maintained and absolutely move-in ready, this cozy 2-bedroom, 1-bathroom mini home is waiting for its new owner! Located in the highly sought-after Parkwood Court community, you'll benefit from a peaceful setting with quick, easy access to all the amenities in New Minas and Kentville, and Highway 101.

C$184900

Residential For Sale

8 Olympic Avenue, New Minas, NS B4N 3T8

Listing courtesy of Royal LePage Atlantic (New Minas)

2Bedroom(s)

1Bathroom(s)

C$184900

Residential For Sale

8903 Pepperell Street, St. Peters, NS B0E 3B0

More Details

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

22Picture(s)

864Sqft

Listing courtesy of Harvey Realties Limited (St.Peters)

C$229000

Residential For Sale

8903 Pepperell Street, St. Peters, NS B0E 3B0

3Bedroom(s)

1Bathroom(s)

SingleParking(s)

864Sqft

Listing courtesy of Harvey Realties Limited (St.Peters)

We have the perfect place for you to call your new home. Incredible 3 bedroom bungalow within a minute of the village of St. Peter's an all it has to offer. Walk the sidewalks as they are right at your door or do the short drive. Large back yard with loads of room for family to get together. Nice deck to sit and enjoy the privacy for your morning coffee.

C$229000

Residential For Sale

8903 Pepperell Street, St. Peters, NS B0E 3B0

Listing courtesy of Harvey Realties Limited (St.Peters)

3Bedroom(s)

1Bathroom(s)

C$229000

Residential For Sale

344 Whitehead Road, Harrietsfield, NS B3V 1B5

More Details

4Bedroom(s)

1Bathroom(s)

DetachedParking(s)

37Picture(s)

2,112Sqft

Listing courtesy of Domus Realty Limited

C$539900

Residential For Sale

344 Whitehead Road, Harrietsfield, NS B3V 1B5

4Bedroom(s)

1Bathroom(s)

DetachedParking(s)

2,112Sqft

Listing courtesy of Domus Realty Limited

Welcome to this beautifully updated single-family home, perfectly situated near the end of a quiet cul-de-sac in a family-friendly neighbourhood. Located less than 20 minutes from downtown Halifax, this home offers the ideal balance of peaceful living with convenient access to the city. Step inside to the inviting open-concept main floor featuring a bright and airy living, kitchen and dining area.

C$539900

Residential For Sale

344 Whitehead Road, Harrietsfield, NS B3V 1B5

Listing courtesy of Domus Realty Limited

4Bedroom(s)

1Bathroom(s)

C$539900

Residential For Sale

248 Lake Pleasant Road, Simpsons Corner, NS B0R 1E0

More Details

1Bedroom(s)

1Bathroom(s)

GravelParking(s)

26Picture(s)

612Sqft

Listing courtesy of EXIT Realty Inter Lake

C$49500

Residential For Sale

248 Lake Pleasant Road, Simpsons Corner, NS B0R 1E0

1Bedroom(s)

1Bathroom(s)

GravelParking(s)

612Sqft

Listing courtesy of EXIT Realty Inter Lake

Located in the peaceful community of Simpsons Corner, this 1.5-acre property offers an excellent opportunity for buyers looking to start fresh. While the existing 1-bedroom, 1-bath structure may require major work to restore and may need to be torn down, the real value lies in the infrastructure already in place.

C$49500

Residential For Sale

248 Lake Pleasant Road, Simpsons Corner, NS B0R 1E0

Listing courtesy of EXIT Realty Inter Lake

1Bedroom(s)

1Bathroom(s)

C$49500

Residential For Sale

28 Babineau Heights, Annapolis Royal, NS B0S 1A0

More Details

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

49Picture(s)

2,218Sqft

Listing courtesy of RE/MAX Banner Real Estate

C$484000

Residential For Sale

28 Babineau Heights, Annapolis Royal, NS B0S 1A0

3Bedroom(s)

2Bathroom(s)

AttachedParking(s)

2,218Sqft

Listing courtesy of RE/MAX Banner Real Estate

Exceptional home in a sought-after riverfront cul-de-sac. This well maintained 3-bedroom executive bungalow offers peace, privacy, and stunning elevated views of the tidal river and South Mountain.

C$484000

Residential For Sale

28 Babineau Heights, Annapolis Royal, NS B0S 1A0

Listing courtesy of RE/MAX Banner Real Estate

3Bedroom(s)

2Bathroom(s)

C$484000

Residential For Sale

27 Countway Road, Chester Basin, NS B0J 1K0

More Details

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

20Picture(s)

2,406Sqft

Listing courtesy of PG Direct Realty Ltd.

C$494500

Residential For Sale

27 Countway Road, Chester Basin, NS B0J 1K0

4Bedroom(s)

2Bathroom(s)

AttachedParking(s)

2,406Sqft

Listing courtesy of PG Direct Realty Ltd.

Visit REALTOR® website for additional information. Beautifully renovated and move-in ready, this spacious 4-bedroom, 2-bath bungalow offers the perfect blend of comfort, convenience, and income potential.

C$494500

Residential For Sale

27 Countway Road, Chester Basin, NS B0J 1K0

Listing courtesy of PG Direct Realty Ltd.

4Bedroom(s)

2Bathroom(s)

C$494500

Residential For Sale

8 Bonavista Crescent, Harrietsfield, NS B3V 0B7

More Details

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

19Picture(s)

1,404Sqft

Listing courtesy of Exit Real Estate Professionals

C$239900

Residential For Sale

8 Bonavista Crescent, Harrietsfield, NS B3V 0B7

3Bedroom(s)

1Bathroom(s)

DoubleParking(s)

1,404Sqft

Listing courtesy of Exit Real Estate Professionals

VERY RARE DOUBLE WIDE MOBILE in the beautiful Birchlee Estates Country Living mobile home park Harrietsfield. This is a fantastic opportunity to own a DOUBLE WIDE in a mobile home park. This beautiful mobile is laid out just like a home and will add tons of value to its new owner in terms of easy living and resale value for later down the road.

C$239900

Residential For Sale

8 Bonavista Crescent, Harrietsfield, NS B3V 0B7

Listing courtesy of Exit Real Estate Professionals

3Bedroom(s)

1Bathroom(s)

C$239900

Residential For Sale

8 Aspen Crescent, Lower Sackville, NS B4C 1C7

More Details

5Bedroom(s)

2Bathroom(s)

SingleParking(s)

48Picture(s)

1,605Sqft

Listing courtesy of Keller Williams Select Realty

C$474900

Residential For Sale

8 Aspen Crescent, Lower Sackville, NS B4C 1C7

5Bedroom(s)

2Bathroom(s)

SingleParking(s)

1,605Sqft

Listing courtesy of Keller Williams Select Realty

Property OverviewAttention investors and first-time home buyers! This property is truly a hidden gem featuring 5 bedrooms, 2 bathrooms, aspacious kitchen and dining area, and plenty of natural light throughout.

C$474900

Residential For Sale

8 Aspen Crescent, Lower Sackville, NS B4C 1C7

Listing courtesy of Keller Williams Select Realty

5Bedroom(s)

2Bathroom(s)

C$474900

Residential For Sale

108-767 Parkland Drive, Halifax, NS B3S 1T1

More Details

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

34Picture(s)

1,197Sqft

Listing courtesy of Royal LePage Atlantic

C$448000

Residential For Sale

108-767 Parkland Drive, Halifax, NS B3S 1T1

2Bedroom(s)

2Bathroom(s)

UndergroundParking(s)

1,197Sqft

Listing courtesy of Royal LePage Atlantic

Welcome to The Wedgewood, Clayton Park’s most desirable condo known for its exceptional amenities & prime location. This beautifully designed 2 bdrm, 2 bath suite offers an impressive open-concept layout, soaring 9-foot ceilings, & large windows. The beautiful kitchen with bonus breakfast bar opens to a spacious bright living & dining area.

C$448000

Residential For Sale

108-767 Parkland Drive, Halifax, NS B3S 1T1

Listing courtesy of Royal LePage Atlantic

2Bedroom(s)

2Bathroom(s)

C$448000

3349 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

552 Glen Allan Drive, Bridgewater, NS B4V 0A8

Residential For Sale

Residential For Sale

Residential For Sale

534 Glen Allan Drive, Bridgewater, NS B4V 0A8

Residential For Sale

Residential For Sale

Residential For Sale

2944 Connolly Street, Halifax, NS B3L 3N6

Residential For Sale

Residential For Sale

Residential For Sale

8 Olympic Avenue, New Minas, NS B4N 3T8

Residential For Sale

Residential For Sale

Residential For Sale

8903 Pepperell Street, St. Peters, NS B0E 3B0

Residential For Sale

Residential For Sale

Residential For Sale

344 Whitehead Road, Harrietsfield, NS B3V 1B5

Residential For Sale

Residential For Sale

Residential For Sale

248 Lake Pleasant Road, Simpsons Corner, NS B0R 1E0

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.