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Entering the housing market for the first time can be an exhilarating experience, especially in a competitive market. First-time homebuyers often face a steep learning curve, dealing with bidding wars, high prices, and the fast pace at which properties are bought and sold. Here are a few tips for first-time homebuyers to not just [...] The post How to Win in a Competitive Housing Market 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: BoC Delivers Second Consecutive Rate Cut appeared first on RE/MAX Canada.
Should prospective homebuyers only concentrate on the asking price of a home for sale, or should they consider a whole range of factors? The general viewpoint in today’s housing market is that Canadians understand the benefits of home ownership, but many have been deterred in recent years because of how high prices are in [...] The post How do Canadians Define Liveability in Today’s Housing Market? appeared first on RE/MAX Canada.
Can a self-employed person get a mortgage? While getting a mortgage can be intimidating for any applicant, it can be particularly challenging for self-employed individuals. Unlike traditionally employed applicants who can present stable income records through pay stubs and employer verification, self-employed individuals must navigate a different terrain, often facing more stringent scrutiny and [...] The post Getting a Mortgage When Self Employed appeared first on RE/MAX Canada.
As your family grows and your lifestyle evolves, the need for more space becomes clear. Upgrading to a larger home brings many benefits, from more comfort and convenience to a better quality of life. Let’s find out what you should look out for in a family home, when you’re ready to upgrade your space. [...] The post A Guide to Finding Your Perfect Family Home appeared first on RE/MAX Canada.
Taxes and real estate are at the forefront of Canadians’ consciousness, and more Canadians are asking, what taxes do you pay when selling a house? British Columbians were surprised to learn that the Canada Revenue Agency (CRA) uncovered $1.3 billion in unpaid taxes in the British Columbia real estate market. The tax-collecting agency identified [...] The post What Taxes Do You Pay When Selling a House in Ontario? appeared first on RE/MAX Canada.
First impressions matter more than you might think. A well-maintained and attractive exterior can significantly boost a property’s curb appeal, making it more enticing to potential buyers. Curb appeal, meaning the attractiveness of a property as viewed from the street, is that initial wow factor that can either draw buyers in or leave them [...] The post Cheap and Simple Front Yard Landscaping Ideas appeared first on RE/MAX Canada.
Relief is coming for homeowners. The Bank of Canada (BoC) recently pulled the trigger on a quarter-point rate cut, lowering the policy rate from 5.00 per cent to 4.75 per cent. This decision lowered the yield of five-year government bonds, allowing some big banks to give their fixed mortgage rates a modest haircut. It [...] The post What Happens If I Can’t Pay My Mortgage? appeared first on RE/MAX Canada.
RE/MAX Canada dives into current Canadian condo market trends, to help hopeful investors make an informed decision. The post Are Condos a Good Investment? appeared first on RE/MAX Canada.
Have you ever looked around your home and felt overwhelmed by all the stuff? If you’re planning a move to a smaller space, it’s the perfect opportunity to sort through your belongings. Decluttering before a move can save you time and money. Movers often charge based on the weight or volume of your items, [...] The post Decluttering Your Life Before Moving to a Smaller Home appeared first on RE/MAX Canada.
Moving to British Columbia is an exciting and potentially life-changing decision. The province's robust economy, driven by diverse industries such as technology, natural resources, and tourism, contributes to its high standard of living, making it an attractive place to call home. While the cost of living, especially in the housing market, can be higher, [...] The post 5 Homes for Sale in BC Under $400,000 appeared first on RE/MAX Canada.