If you’re considering buying a cottage in Canada and have been watching the market, you already know this market segment has seen a surge in competition between buyers over the last decade. In recent years, cabins and cottages have been in high demand, as interest in renting out personal properties for extra income has become more accessible through various online platforms.
Thiru Nirahulan's blog
Advantages of Putting 20% Down on Your Home
#1 Lower Mortgage Rates
What is your loan-to-value (LTV) ratio? This is a standard measurement for mortgage lenders to determine your risk level to them. Put simply, the smaller your down payment, the higher your LTV ratio will be, which means you might be more of a risk than the bank is unwilling to accept.
What Do You Do When You Can’t Find a New Home?
At first, it sounds like a problem any seller would love: Your home sold after only days on the market. After all, the fear of a property lingering on the market, enduring possible price cuts, or low ball offers is what keeps many from selling in the first place. While a quick sale is a reason to celebrate, the challenge comes when it happens before you can find a new home.
DIY Tips for Making Lawncare Easier
Keeping your lawn, flowerbeds and shrubs looking great enhance the “curb appeal” of your property. However, it can also be a lot of work! Here are some do-it-yourself tips for making these tasks easier and less time-consuming:
Can You Afford the Home of your Dreams?
Daydreaming about owning something you can’t afford can be fun. Whether it’s a diamond-encrusted watch from Tiffany & Co., or the latest Lamborghini, even the thought of trying one on or going for a test drive can be exciting.
The problem with daydreaming, however, is that it’s all-too-easy to dismiss it as just that – a dream.
The Role of Personal Goals when Deciding to Sell
Many people decide to move for practical reasons. For example, some might be required to move due to a work relocation and others may realize that their household has changed and they are ready to downsize or upsize.
But personal goals play an important role too.
Concerned your Home Won’t Sell in Time
When you list your home for sale, you may need to sell by a particular firm date. For example, if you’ve already purchased another property, you likely want to sell well before taking possession.
That can lead to a lot of jitters about whether or not you’ll sell in time.
Fortunately, there is plenty you can do to ensure your property sells within the desired timeframe. For example, you can:
Selling and Buying without Doubling your Effort
If you’re shopping for a new home while also selling your own, you’re involved in two transactions. That can seem daunting! The good news is, people sell and buy every day, so you’re traveling a well-trodden path.
In fact, there are many ways to reduce the time and effort involved.
How to Deal with a Competitive Disadvantage
If you’re selling your home and there are other listings in your area, buyers will naturally compare your property to those other listings.
Is there something about your home that you’re concerned will be seen as a competitive disadvantage? For example, do you have a small kitchen or fewer bedrooms than most other homes in the neighbourhood?
