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Becoming a First-Time Homebuyer & Landlord at Once

Becoming a First-Time Homebuyer & Landlord at Once

by Majid Habibi | Nov 20, 2020 | Blog, Economy, Guest Post, Homeownership

Becoming a First-Time Homebuyer & Landlord at Once   In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
How Does Skipping a Mortgage Payment Work?

How Does Skipping a Mortgage Payment Work?

by Majid Habibi | Nov 6, 2020 | Blog, Homeownership, Mortgage

How Does Skipping a Mortgage Payment Work?   Many lenders provide the option for you to skip a mortgage payment each year to help alleviate those tight financial months where everything seems to come due at once. But this also may be an option to help you push...
What’s the Difference Between a Home Appraisal & Inspection?

What’s the Difference Between a Home Appraisal & Inspection?

by Majid Habibi | Sep 4, 2020 | Blog, Economy, Homeownership, Mortgage

Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
The Canadian Real Estate Market is Hot!

The Canadian Real Estate Market is Hot!

by Majid Habibi | Aug 21, 2020 | Blog, Economy, Finance, Homeownership

The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
More Seniors are Taking Advantage of Reverse Mortgages

More Seniors are Taking Advantage of Reverse Mortgages

by Majid Habibi | Aug 7, 2020 | Blog, Finance, Homeownership, Mortgage

Canadian seniors who are feeling the financial effects of the COVID-19 pandemic are showing interest in reverse mortgages as a way to stay in their current homes.   With a reverse mortgage, Canadians aged 55+ can borrow funds against home equity. No payments are...
What are Your Mortgage Renewal Options?

What are Your Mortgage Renewal Options?

by Majid Habibi | Jul 3, 2020 | Blog, Economy, Homeownership, Mortgage

When you took out your current mortgage, you were required to make a number of key decisions, such as the type of rate you wanted – fixed or variable – the amortization period, whether it was open or closed as well as what term you wanted.    A mortgage term...
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