Category: Uncategorized
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Understanding the Real Estate Market
Real estate market tips for buyers and sellers include understanding economic conditions, interest rates, and demographic trends. For buyers: set a budget, research neighborhoods, engage a real estate agent, and conduct thorough inspections. For sellers: set the right price, enhance curb appeal, stage the home, and market effectively. Probate lawyers are essential for handling property…
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Strategies for a Smooth Real Estate Closing | Get Your Mortgage for a LilLez!
Develop clear communication with your Real Estate team for a smooth transaction process. Secure thorough mortgage pre-approval to strengthen your position and avoid finance-related delays.
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BoC Warns Not to Renew Mortgages by 2026 | Get Your Mortgage for a LilLez!
76% of mortgages due for renewal by end of 2026. Variable rate mortgages risk negative amortization, increasing principal balances.
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National Day for Truth and Reconciliation | Get Your Mortgage for a LilLez!
National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences. It's a symbol of Canada's commitment to reconciliation with Indigenous communities. Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools. May this day inspire a future where every voice is heard, and every spirit…
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12 tips to help with your upcoming mortgage renewal
Renewing your mortgage can be stress-free and money-saving. Tips include starting early, exploring different lenders, understanding your current mortgage, researching rates, considering future financial goals, and negotiating for the best deal. Knowing fixed vs. variable rates, stress test requirements, and prepayment options are crucial. Short-term options, lump sum payments, and professional guidance can also enhance…
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Own your future: Your step-by-step guide to homeownership
Many Canadians find the home buying process stressful and frustrating. To start, save for a down payment and other expenses like taxes and fees. Determine your budget using tools like TD’s Mortgage Affordability Calculator. Get pre-approved for a mortgage to know your options. Find a realtor who understands your needs and market trends. Schedule showings…
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Tips for Successful Rental Investing | Get Your Mortgage for a LilLez!
Screen tenants thoroughly to avoid costly issues; skipping checks can lead to significant financial losses. Budget 1%-2% of property value annually for maintenance to prevent minor issues from escalating.
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New HBP Rules: Boosting Your Down Payment | Get Your Mortgage for a LilLez!
The Home Buyers’ Plan (HBP) now allows first-time buyers to withdraw up to $60K from their RRSPs. The HBP repayment grace period has increased to five years for withdrawals made between 2022 and 2025.
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First Home, Smart Moves | Get Your Mortgage for a LilLez!
Assess Financial Health: Understand your budget, credit score, and debts before starting your home search.Get Mortgage Pre-Approval: Secure pre-approval to define your budget and show sellers you're serious.
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Buying a Home in Retirement? Look for These Must-Haves! | Get Your Mortgage for a LilLez!
Single-Level Layout: Avoid stairs for better mobility. Accessible Kitchen: Features lower countertops and reachable storage.