There is no favorite listings!

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.

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.

Sort Option
  • Listing ID
  • Total Finished Area
  • Price
  • Add date
  • Listing Status
Grid
List
Map
RSS

Residential For Sale

1021 Highway 277 Highway, Dutch Settlement, NS B2S 2J6

2Bedroom(s)
2Bathroom(s)
DetachedParking(s)
20Picture(s)
846Sqft
Century 21 Trident Realty Ltd.
C$459900

Residential For Sale

1021 Highway 277 Highway, Dutch Settlement, NS B2S 2J6
2Bedroom(s)
2Bathroom(s)
DetachedParking(s)
846Sqft
Century 21 Trident Realty Ltd.
Wishing for a shorter commute? Look no further. This unique property blends the best of both worlds—residential comfort with commercial opportunity. Formerly used for commercial use only, it's now a versatile mixed-use space offering endless potential. Sitting on the almost 1 acre lot is a beautifully renovated 2-bedroom, 2-bathroom home that feels brand new.
C$459900

Residential For Sale

1021 Highway 277 Highway, Dutch Settlement, NS B2S 2J6
Century 21 Trident Realty Ltd.
2Bedroom(s)
2Bathroom(s)
C$459900

Residential For Sale

Peggys Cove Road Lot 102, French Village, NS B3Z 2V1

4Bedroom(s)
4Bathroom(s)
DoubleParking(s)
5Picture(s)
2,780Sqft
Engel & Volkers
C$869900

Residential For Sale

Peggys Cove Road Lot 102, French Village, NS B3Z 2V1
4Bedroom(s)
4Bathroom(s)
DoubleParking(s)
2,780Sqft
Engel & Volkers
Introducing “The Canso” by Ramar Homes – where timeless design meets coastal sophistication. Ideally situated on a private lot in the sought-after seaside enclave of French Village, this versatile 2-storey home offers the perfect harmony of elegance, coastal charm, and convenience.
C$869900

Residential For Sale

Peggys Cove Road Lot 102, French Village, NS B3Z 2V1
Engel & Volkers
4Bedroom(s)
4Bathroom(s)
C$869900

Residential For Sale

Peggys Cove Road Lot 104, French Village, NS B3Z 2V1

4Bedroom(s)
3Bathroom(s)
DoubleParking(s)
4Picture(s)
2,154Sqft
Engel & Volkers
C$789900

Residential For Sale

Peggys Cove Road Lot 104, French Village, NS B3Z 2V1
4Bedroom(s)
3Bathroom(s)
DoubleParking(s)
2,154Sqft
Engel & Volkers
Welcome to The Magnolia — A Signature Home by Ramar Homes. Nestled on nearly an acre private lot in prestigious French Village, The Magnolia offers the perfect blend of elegance, privacy, and coastal charm.
C$789900

Residential For Sale

Peggys Cove Road Lot 104, French Village, NS B3Z 2V1
Engel & Volkers
4Bedroom(s)
3Bathroom(s)
C$789900

Residential For Sale

105 Orchard Street, Berwick, NS B0P 1E0

5Bedroom(s)
3Bathroom(s)
DoubleParking(s)
22Picture(s)
2,511Sqft
Royal LePage Atlantic (Greenwood)
C$389000

Residential For Sale

105 Orchard Street, Berwick, NS B0P 1E0
5Bedroom(s)
3Bathroom(s)
DoubleParking(s)
2,511Sqft
Royal LePage Atlantic (Greenwood)
Welcome to 105 Orchard Drive in the heart of the Annapolis Valley in the charming Town of Berwick—the "Apple Capital of Nova Scotia"! This vibrant community offers small-town charm with modern conveniences, excellent schools, and a welcoming atmosphere. Property Highlights: Location: Orchard Street—close to all amenities! Space Galore: 5 bedrooms, 2.
C$389000

Residential For Sale

105 Orchard Street, Berwick, NS B0P 1E0
Royal LePage Atlantic (Greenwood)
5Bedroom(s)
3Bathroom(s)
C$389000

Residential For Sale

K-2 Murphy Lake Road, Murphy Lake, NS B4N 3V8

1Bedroom(s)
1Bathroom(s)
GravelParking(s)
26Picture(s)
623Sqft
Homelife City & Valley
C$149900

Residential For Sale

K-2 Murphy Lake Road, Murphy Lake, NS B4N 3V8
1Bedroom(s)
1Bathroom(s)
GravelParking(s)
623Sqft
Homelife City & Valley
Escape to your own slice of paradise with this 2.5 acre property offering shared deeded access to Murphy Lake, a peaceful and scenic setting just 20 minutes from Kentville, 25 minutes to Wolfville, and 1 hour to Halifax. This private lot features a charming seasonal cottage and a spacious gazebo on a concrete pad, ideal for outdoor entertaining or simply enjoying nature.
C$149900

Residential For Sale

K-2 Murphy Lake Road, Murphy Lake, NS B4N 3V8
Homelife City & Valley
1Bedroom(s)
1Bathroom(s)
C$149900

Residential For Sale

105-151 Ritchie Street, Annapolis Royal, NS B0S 1A0

1Bedroom(s)
2Bathroom(s)
AssignedParking(s)
27Picture(s)
600Sqft
Exit Realty Town & Country
C$234000

Residential For Sale

105-151 Ritchie Street, Annapolis Royal, NS B0S 1A0
1Bedroom(s)
2Bathroom(s)
AssignedParking(s)
600Sqft
Exit Realty Town & Country
Spacious and stylish, this ground floor condo features one of the few private exterior entrances in the building, offering added convenience and privacy with no need for elevators or shared hallways. Inside, you'll find a large one-bedroom, 1.5-bath layout with a bright living area and a generously sized eat-in kitchen, perfect for casual meals or entertaining.
C$234000

Residential For Sale

105-151 Ritchie Street, Annapolis Royal, NS B0S 1A0
Exit Realty Town & Country
1Bedroom(s)
2Bathroom(s)
C$234000

Residential For Sale

3646 Highway 331, Lahave, NS B0R 1C0

1Bedroom(s)
1Bathroom(s)
GravelParking(s)
41Picture(s)
455Sqft
Engel & Volkers (Lunenburg)
C$305000

Residential For Sale

3646 Highway 331, Lahave, NS B0R 1C0
1Bedroom(s)
1Bathroom(s)
GravelParking(s)
455Sqft
Engel & Volkers (Lunenburg)
Prepare to be impressed! Welcome to the "Nautical Nest", cute as a button, located in the scenic community of Lahave. Such a pretty drive along the Lahave River to this little piece of paradise, from the minute you turn on the stunning tree lined drive you will feel like you are entering the enchanted forest.
C$305000

Residential For Sale

3646 Highway 331, Lahave, NS B0R 1C0
Engel & Volkers (Lunenburg)
1Bedroom(s)
1Bathroom(s)
C$305000

Residential For Sale

705-5959 Spring Garden Road, Halifax, NS B3H 1Y5

1Bedroom(s)
1Bathroom(s)
UndergroundParking(s)
26Picture(s)
482Sqft
Royal LePage Atlantic (Dartmouth)
C$294900

Residential For Sale

705-5959 Spring Garden Road, Halifax, NS B3H 1Y5
1Bedroom(s)
1Bathroom(s)
UndergroundParking(s)
482Sqft
Royal LePage Atlantic (Dartmouth)
Experience the best of Halifax right from your doorstep on vibrant Spring Garden Road. This fully furnished junior one-bedroom condo offers unmatched convenience — downtown, universities, hospitals, cafés, and award-winning restaurants are just steps away. Inside, a bright open-concept design maximizes every square foot, while expansive windows bathe the space in natural light.
C$294900

Residential For Sale

705-5959 Spring Garden Road, Halifax, NS B3H 1Y5
Royal LePage Atlantic (Dartmouth)
1Bedroom(s)
1Bathroom(s)
C$294900

Residential For Sale

567 Young Street, Truro, NS B2N 3Y8

2Bedroom(s)
2Bathroom(s)
No GarageParking(s)
20Picture(s)
1,183Sqft
ViewPoint Realty Services Inc.(Greenwood)
C$369000

Residential For Sale

567 Young Street, Truro, NS B2N 3Y8
2Bedroom(s)
2Bathroom(s)
No GarageParking(s)
1,183Sqft
ViewPoint Realty Services Inc.(Greenwood)
A Modern Masterpiece Steps from Victoria Park This beautifully designed two-story home, built on an engineered ICF slab, offers a perfect blend of luxury, comfort, and sustainability. Nestled beside the iconic Victoria Park and Bike Park in Truro, spanning over 3,000 acres, this home delivers exceptional energy efficiency with R5 structural panels, minimizing thermal bridging and heat loss.
C$369000

Residential For Sale

567 Young Street, Truro, NS B2N 3Y8
ViewPoint Realty Services Inc.(Greenwood)
2Bedroom(s)
2Bathroom(s)
C$369000

Residential For Sale

318 Highway 1, Deep Brook, NS B0S 1J0

5Bedroom(s)
2Bathroom(s)
GravelParking(s)
44Picture(s)
1,494Sqft
ViewPoint Realty Services Inc.(Greenwood)
C$324000

Residential For Sale

318 Highway 1, Deep Brook, NS B0S 1J0
5Bedroom(s)
2Bathroom(s)
GravelParking(s)
1,494Sqft
ViewPoint Realty Services Inc.(Greenwood)
Are you looking for a property with land that you can share with family, but live seperately and set up a homestead lifestyle together? Or maybe a chance to live in the country, but have a mortgage helper? Or simply as an investment to add to your portfolio? This hard to find, side by side country home duplex, sits on 2.25 acres and has a view of the picturesque Annapolis Basin.
C$324000

Residential For Sale

318 Highway 1, Deep Brook, NS B0S 1J0
ViewPoint Realty Services Inc.(Greenwood)
5Bedroom(s)
2Bathroom(s)
C$324000

Residential For Sale

36 Anderson Boulevard, Kentville, NS B4N 5H2

5Bedroom(s)
3Bathroom(s)
DoubleParking(s)
46Picture(s)
5,003Sqft
Sotheby's International Realty Canada
C$1299000

Residential For Sale

36 Anderson Boulevard, Kentville, NS B4N 5H2
5Bedroom(s)
3Bathroom(s)
DoubleParking(s)
5,003Sqft
Sotheby's International Realty Canada
Perched in the highly sought-after community of Bonavista Estates, home to many of Kentville’s finest properties, this exceptionally well-maintained, 3-storey, 5-bedroom estate offers unmatched privacy, space, and sophistication. Set on a sprawling 2.
C$1299000

Residential For Sale

36 Anderson Boulevard, Kentville, NS B4N 5H2
Sotheby's International Realty Canada
5Bedroom(s)
3Bathroom(s)
C$1299000

Residential For Sale

Lot Jc2 Highway 215, Lower Burlington, NS B0N 2A0

3Bedroom(s)
2Bathroom(s)
AttachedParking(s)
47Picture(s)
1,600Sqft
Viewpoint Realty Services Inc.
C$510000

Residential For Sale

Lot Jc2 Highway 215, Lower Burlington, NS B0N 2A0
3Bedroom(s)
2Bathroom(s)
AttachedParking(s)
1,600Sqft
Viewpoint Realty Services Inc.
Brand new construction! One level living at its finest, this brand new 1600 sq ft, 3-bedroom home with slab on grade foundation has the space & style you’ve been searching for! The home was professionally designed and features an open concept floor plan that is ideal for entertaining! The kitchen is a chef’s dream boasting central island and a $5000 appliance allowance.
C$510000

Residential For Sale

Lot Jc2 Highway 215, Lower Burlington, NS B0N 2A0
Viewpoint Realty Services Inc.
3Bedroom(s)
2Bathroom(s)
C$510000
4808 Results returned.Per Page
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern