Traditionally, when purchasing a new home, most homeowners will agree to the standard monthly payment their lender institutes for them. Depending on the homeowner's financial situation, these payments can be adjusted to be bi-weekly, semi-monthly, or weekly, of which some choose based on the most convenient method for them.
It's hard to believe it's already that time of year again — Halloween is just around the corner!
No doubt, you're in the middle of planning your big celebratory bash. While your home is likely filled with design ideas to entertain your friends, you're in need of some really cool ideas to take things up a notch this year.
Here in Canada, we're pretty lucky.
The space in our home below grade — what we call our basement — doesn't exist in many homes throughout the rest of the globe.
Congratulations! You've sold your current home.
For most homeowners buying a new home, selling their existing one is the most stressful part of the entire process. You've accomplished this, and it's time to get your ducks in a row for the next steps.
Forty years ago, we could have never predicted a robot would do our vacuuming for us, by itself, while we were out of the house.
Technology has progressed to the point that we have products and gadgets at our fingertips for just about anything we could imagine needing.
In Part 1 of this series, we walked you through common mortgage terms such as amortization, assets and liabilities, closed and high ratio mortgages, terms, variable rates, and bridge financing.
In Part 2, we'd like to show you a few more of these common terms to help you understand your mortgage paperwork and options.
