Thiru Nirahulan's blog

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.

#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.

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. 

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:

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.

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.

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:

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.

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?