Glossary

Glossary

REAL ESTATE TERMS AMORTIZATION – The number of years it takes to repay the entire amount of a mortgage. APPRAISAL – An estimate of a property’s market value, used by lenders in determining the amount of the mortgage. APPRECIATION – The increase of a property’s value...
Home Maintenance Schedule

Home Maintenance Schedule

Regular Maintenance is the Key Inspecting your home on a regular basis and following good maintenance practices are the best way to protect your investment in your home. Whether you take care of a few tasks at a time or several all at once, it is important to get into...
How to Get Top Dollar for your Home, Fast!

How to Get Top Dollar for your Home, Fast!

Your home is likely your largest asset, so selling it may be the biggest financial move you’ve ever made, one that requires significant thought and strategy. However, once you’ve entered the market, the process may move very quickly: your property has the best chance...
Purchasing is a Process

Purchasing is a Process

Purchasing is a Process NOT an Event First of all, it’s important to understand that purchasing a house is a process not an Event.   People generally don’t wake up one morning, without any preamble, and go buy or sell a house. lnstead, the decision to buy and sell an...
Using Mortgage Professional

Using Mortgage Professional

Mortgage Professional There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in...
Ready To Buy

Ready To Buy

BUYERS MONTHLY HOUSEHOLD BUDGET Creating a Budget for Your Family                       If you find yourself falling behind on your monthly payments, then it’s time to start learning some of the basics of creating a budget.  The first rule of thumb for a financially...