November 2018

Found 3 blog entries for November 2018.

Credit Score to Buy Home in CanadaIt's no secret that the Cochrane Canadian housing market is tight. Borrowers need to make themselves very attractive to banks to be approved for a loan, especially in cities like Vancouver and Toronto. Part of this is securing a high credit score. Understanding what goes into a credit score and how it affects an individual's mortgage outlook is imperative for informed home buyers.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What is a credit score?

A credit score is the three digit number distilled from a number of factors that influence an individual's creditworthiness. These include:

  • the length of their credit history.
  • how much debt they
815 Views, 0 Comments

Everything You Need to Know About Selling LandSelling land is very different from selling a pre-existing home. The market is slower, buyers look for different things and the staging process is very different as well. Understanding the process can help land owners sell their property more quickly and for the best price possible.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Be Ready for a Wait

Land takes longer to sell than a pre-existing home. There are fewer people in the market for land, because many people want to move into a home without putting in the effort to build. Land will sell over time if it is offered at a fair and competitive price, but the land owner must go through a

857 Views, 0 Comments

What You Need to Know About Closing Costs for a Home PurchaseBefore a home purchase can be complete, closing costs will be paid. Closing costs can amount to quite a bit of money, and can sneak up on buyers who aren't prepared. Altogether, closing costs may cost as much as 3 or 4% of the sale price of the home. For this reason, it's important to know what closing costs are and when they are due.

For informational purposes only. Always consult with a licensed mortgage professional before proceeding with any real estate transaction.

What You Need To Know About Closing Costs

Closing costs are the administrative fees associated with the sale of a home. Many different entities will charge a fee at the time a home sells, and these fees can vary from one place to another and from one home sale to another.

1,351 Views, 0 Comments