One of the most difficult challenges that homebuyers face when purchasing a home is making a down payment. Fortunately, if you are short on cash or have money set aside for other high-priority obligations, many lenders will allow you to pay for the home purchase with gift money. Therefore, if…continue reading

When shopping around for a mortgage most borrowers will gravitate to a lender that offers the lowest interest rate and the best terms. A low mortgage rate means increased purchasing power and a lower monthly payment. But, how is your mortgage interest rate determined? Most first-time homebuyers might acknowledge the…continue reading

It is a well-established pattern that the housing market heats up every spring and summer. Come autumn the market begins to cool. However, there are plenty of benefits to purchasing a home in winter. In fact, it maybe the best time to find your dream home. There are fewer buyers…continue reading

Building a home addition is usually a move to expand the living space to meet a specific need. If done right it will be worth the investment and the effort. It will not only create the space you require and increase the functionality of your home but also boost the…continue reading

Downsizing a home is seldom an easy decision to take. Sometimes people need to downsize to a smaller home due to financial problems or because they need cash to fund retirement. Another reason for downsizing may be that they want to spend more time in enjoyable activities than maintaining an…continue reading

There are several processes that a buyer has to go through before obtaining a mortgage and the first big step is getting pre-approved. A mortgage pre-approval helps you understand how much home you can afford and is also advantageous during the home buying process. It demonstrates to sellers that you…continue reading

Many Americans dream of owning a second home at their favorite getaway spot where they can spend weekends, summers, and retirement years with family and friends. This sounds fantastic, but is it achievable? If you are ready to turn your getaway dreams into reality consider the following steps. 1. Decide…continue reading

For generations, homeownership has been the American Dream and has represented prosperity or success. However, in recent years, the numbers have been shifting towards home rentals. This change is across all age groups and not just millennials who are thought to favour the flexibility and freedom of renting. But, according…continue reading

House hunting can be an exasperating, strenuous, and downright stressful experience, especially when the real estate market is moving fast. Sometimes, you may have to decide whether you want to make an offer on a home within hours of your first walk-through. This will not give you much of a…continue reading

Typically, spring and summer are the most popular seasons to buy or sell a home-so why not break the tradition? As the leaves begin to change and the housing market cools down, autumn may work out to be the ideal season to find your dream home. Listed below are the…continue reading