The idea of getting a great deal on a power of sale house can be attractive to the right buyer. BUT there are many things that an informed buyer must be aware of when considering this type of purchase.
Evaluate carefully both sides of the opportunity presented – the advantages and the disadvantages.
With the selling season just around the corner, what can you do to maximize the chances of selling your home? Hiring a qualified Realtor and setting the right listing price are the first steps to selling your home quickly. But there are other things you can do to help differentiate your home from the competition and attract potential buyers.
Recently the Bank of Canada (BoC) met and, as expected, left its target overnight rate unchanged. Surprisingly the bank also eliminated its oft-repeated warning about near-term rate increases.
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Now more than ever, homeowners are venturing into the domain of home renovating and they look forward to enjoying the new, attractive or functional features that these renovations can bring to their everyday life.
Yet more and more, market-savvy homeowners are spending thousands of dollars on home improvements, just to turn around in a short period and put the property up for sale.
After you’ve estimated your mortgage payment and other ongoing costs for carrying your first home, you’ll also need to consider the one-time expenses associated with the purchase of a property. This includes your closing costs, as well as your moving expenses.