How Does Mortgage Renewal Work? Is your mortgage coming up for renewal? It may be something you’d rather avoid, but think of it as an opportunity to review your finances, make sure all your ducks are in a row, and consider your options. You may even save yourself some money over the course of [...] The post How Does Mortgage Renewal Work appeared first on RE/MAX Canada.
What is a Vendor Take Back Mortgage? A vendor take back mortgage, also known as VTB mortgage, is a type of financing arrangement in Canada that involves the seller of a property lending money to the buyer to help them purchase the property. In a vendor take back mortgage, the seller acts as the [...] The post What is a Vendor Take Back Mortgage? appeared first on RE/MAX Canada.
Considering Buyers with Allergies and Asthma Looking to sell your home and you have pets? It's important to think about the needs of buyers who might have asthma or allergies. In this blog, we'll offer some advice about keeping your home ready to show when you have pets. It’s estimated that in Canada, 1 [...] The post Keeping Your Home Ready to Show When You Have Pets appeared first on RE/MAX Canada.
The Financial Upside of Downsizing For years, downsizing has been common throughout the Canadian housing landscape. When homeowners see their children all grown up and leave the nest, they have little need to own a larger residential property. In addition, the amount of work and cost to maintain a single-family home can be quite [...] The post The Financial Upside of Downsizing appeared first on RE/MAX Canada.
How Important Is Lighting? Lighting has a powerful influence on how a home feels the moment someone steps inside. It doesn’t just brighten a room; it shapes the mood, highlights key features, and makes a space feel either welcoming or cold. When buyers sense something “feels off” about a room, sometimes it’s not the [...] The post How Important Is Lighting? appeared first on RE/MAX Canada.
5 Spring Cleaning Tips When Selling a Home with Pets Struggling to get your home free of pet hair before selling? Maybe you share your home with a dog, a cat, and even a rabbit, and getting rid of their remnants seems like an impossible task. Don’t worry! Our tips, created in collaboration with [...] The post 5 Spring Cleaning Tips When Selling a Home with Pets appeared first on RE/MAX Canada.
How to Save for a Down Payment While Renting Renters across Canada have been struggling with rising rent costs and wondering how they will be able to save for a down payment while renting. However, with some money management tricks and adjustments to your daily living, you can save for a down payment. Many [...] The post How to Save for a Down Payment While Renting appeared first on RE/MAX Canada.
What Sellers Should Focus on to Seal the Deal at a Second Viewing When a buyer comes back for a second viewing of a house, it’s always a good sign. But it’s also your cue to be extra sharp. At this stage, they’re beyond first impressions and are now looking for confirmation. Maybe they want [...] The post What Sellers Should Focus on to Seal the Deal at a Second Viewing appeared first on RE/MAX Canada.
How do Tariffs Impact Housing in Canada? The tariff tumult has rocked the global economy from North America to Asia. Canada, a critical trading partner for the United States, is stuck in the crosshairs of the new administration’s trade agenda – and the country could endure a shellacking the longer the trade dispute lingers. [...] The post How do Tariffs Impact Housing in Canada? appeared first on RE/MAX Canada.
Carney’s Stop to the Capital Gains Tax Changes—How It Will Impact Housing Canadians and businesses can now expect some clarity and certainty surrounding two tax issues. Canadian Prime Minister Mark Carney and his Liberal government recently announced that they would cancel the proposed increase in the inclusion rate for the capital gains tax. In [...] The post Carney’s Stop to the Capital Gains Tax Changes—How It Will Impact Housing appeared first on RE/MAX Canada.
The Bank of Canada has made its latest interest rate announcement. Here is the reasoning for the Bank's decision. The post Interest Rate Announcement: Bank of Canada Holds Steady appeared first on RE/MAX Canada.
Splitting Up? How Spousal Buyouts Work Navigating the aftermath of a divorce or separation can be complicated at the best of times, but there are extra challenges when property is involved. A spousal buyout is a practical solution that allows one partner to retain ownership of the shared home without the need to sell. [...] The post How Spousal Buyouts Work appeared first on RE/MAX Canada.