It’s important to be realistic about what you can afford. The final sale price isn’t the only cost to take into account when owning a home. Houses come with plenty of bills like heating and property taxes, future renovations and occasional...
Sometimes one of the selling points a seller gives me about their home is “the neighbours are great.” It’s something that many of us take for granted and don’t pay attention to when we buy a home. It most definitely can...
Don’t be afraid of multiple offers. You still have some control. There are a few things that can happen if you get into competition. The seller can accept your offer and you will have bought a house. Or the seller can accept someone else’s offer...
Termites are tiny wood-boring insects that are extremely destructive to homes and other buildings. They have been around since the beginning of time because they are adaptable to ever-changing environments. The most common type found...
Ask price, also called offer price, offer, asking price, or simply ask, is the price a seller states she or he will accept for a good. The seller may qualify the stated asking price as firm or negotiable. Firm means the seller is saying he or she...
Balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a balloon payment because of its large size. Balloon payment mortgages are more...
Although you may feel ready to get out on your own, make sure your finances are in order before you take the leap. Take a look at some rental listings in the areas in which you are interested in living and get an idea of how much you’ll...
