Category: Uncategorized
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How Can First-Time Buyers Stay Financially Safe? | Get Your Mortgage for a LilLez!
Start with a clear budget including mortgage, taxes, insurance, utilities, maintenance, and closing costs. Get pre-approved for a mortgage to know your borrowing limit and show sellers you're serious. Prioritize essential needs like location, bedrooms, and affordability over luxury features during home search. Work with experienced real estate agents and mortgage professionals to navigate market…
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Your Tax-Free Ticket to First-Time Homeownership! | Get Your Mortgage for a LilLez!
FHSA lets first-time buyers save tax-free for a home, up to $8,000 in the first year. Contributions are generally deductible, but RRSP transfers to FHSA are not deductible. First-time buyer status differs for opening vs. withdrawing from FHSA. To qualify, you and your spouse must not have lived in a qualifying home you owned in…
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Expert Tips for Selling Your Home This Fall and Winter | Get Your Mortgage for a LilLez!
Prep Early: Complete exterior maintenance—fix gutters, repaint, rake leaves, and brighten windows before cold weather limits improvements. Warm and Welcoming: Keep interiors cozy and decorated; personal touches help buyers imagine themselves living there. Avoid Neglect: Maintain curb appeal, keep utilities on in vacant homes, and price realistically to attract serious buyers. Smart Offer Choices: Don’t…
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Guide To Refinance Your Rental Property Mortgage
Investing in rental properties can generate passive income, but operating costs may reduce profits. Refinancing a rental property mortgage can help minimize these costs by lowering interest rates, reducing payments, or accessing equity. To qualify, owners typically need good credit and at least 25% equity. The refinancing process involves evaluating finances, comparing lenders, and understanding…
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Early Fall Sees Oshawa Prices Ease | Get Your Mortgage for a LilLez!
In September 2025, the avg home price in Oshawa fell to ~$741K, ↓ 0.9% MoM and ↓ 5% yearly. Home sales ↓ 6%, with 173 properties sold after an avg of 28 days on the market, while active listings ↑ 11.4% to 735. Detached homes averaged ~$824K and semi-detached homes averaged ~$613K. Attached homes averaged…
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7 Tips for First-Time Home Buyers with Bad Credit in Ontario
Buying your first home in Ontario can be challenging, especially with bad credit. Understanding your credit score is crucial, as it affects mortgage eligibility. First-time buyers can benefit from programs like the Land Transfer Tax Rebate and the RRSP Home Buyers' Plan. Increasing your down payment can improve your chances with lenders. Alternative lending options…
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کینیڈا میں کامیاب مورگیج تجدید کے لئے 9 تجاویز
کینیڈا میں مورگیج کی تجدید مالیات پر بڑا اثر ڈال سکتی ہے، خاص طور پر بڑھتی ہوئی سود کی شرحوں کے ساتھ۔ اہم تبدیلیوں میں تجدید کے وقت قرض دہندگان کے لئے اسٹریس ٹیسٹ کا خاتمہ شامل ہے۔ گھر مالکان کو زیادہ ادائیگیوں کے لئے تیار رہنا چاہئے اور بہتر شرحوں کے لئے جلدی خریداری…
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5 Tips To Increase Your Chances Of Getting A Mortgage Approved
Securing a mortgage is crucial when buying a home. To improve approval chances, enhance your credit score to above 680, reduce existing debt, and save for a larger down payment. Establish a realistic budget, including closing costs, and obtain a mortgage pre-approval to understand your borrowing capacity and protect against rate increases. Being well-prepared can…
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Happy Halloween | Get Your Mortgage for a LilLez!
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known…
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How to Handle High-Rate Mortgage Renewals | Get Your Mortgage for a LilLez!
Slide 1: Plan ahead: review income, expenses, and debts to manage higher mortgage payments. Slide 2: Shop around: compare rates and terms with lenders or mortgage brokers for better options. Slide 3: Consolidate high-interest debt into your mortgage to simplify payments and lower total interest. Slide 4: Seek professional advice if affordability feels tight; free…