As a potential new homeowner, it can be overwhelming to figure out if you should stop renting and buy a new home. If you've reached this crossroads, here are five reasons you should consider buying real estate. Home Equity When you are a tenant, your monthly rent payment goes towards the landlord's mortgage and helps them build equity – not you. Home equity is the difference between your home's value and mortgage balance, so the more you pay towards the loan, the more... [read more]

Getting pre-approved for a mortgage might seem like a logical first step if you are ready to put your renting days behind you or if it’s time to fly the family nest. And it is – but it also comes with an additional consideration that excited first-time buyers can forget: knowing just how much they can afford. You may think, “I know how much I can afford because my mortgage advisor pre-approved me for $625,000.” And that is correct, somewhat. During the pre-approval... [read more]

Congratulations on the exciting milestone of obtaining the keys to your new home in Mississauga! As you stand on the threshold of this new chapter, it's essential to navigate your closing day with care. Here's a detailed guide to ensure a seamless transition: 1. Scrutinize Inclusions Listed in Your Agreement Beyond verifying the presence of items like appliances, take note of their condition. Check for any unexpected damages or signs of wear and tear. This proactive approach... [read more]

Are you eagerly anticipating the closing day of your new home? While it's an exciting time, there are a few steps you need to take before you can finally get the keys and move in. In this post, let's walk you through the process of closing day arrangements and provide some tips to help you plan accordingly. The Closing Process: Why It Takes Time  Closing day means you'll likely have to wait to receive the keys to your new home. First, the bank needs to transfer the funds... [read more]

We’ve all heard the saying before, “Location, location, location.” And, when it comes to buying a home, location is everything – not only for investment purposes, but for the overall enjoyment of your lifestyle.  But, whatever location works best for you will differ from someone else. It’s a very personal decision that should fit your needs, your family and your budget. Heavy research and consideration is recommended because you can change nearly everything... [read more]