Many empty nesters start thinking about downsizing to a more manageable home that fits their current lifestyle. Here are some key things to consider.
Finding Your Perfect Spot
Consider the surrounding area and its convenience to healthcare facilities, cafes, and activities that interest you. Whether it’s a peaceful suburb or an energetic downtown, fi...
While selling is a common choice, others choose to turn their first home into a rental property. For those contemplating rental income, here’s a look at the pros and cons:
Pros of Keeping Your First Home as a Rental Property
Real Estate Investing Opportunity: Owning a home presents a chance to enter the real estate market as an investor, leveraging p...
Navigating the real estate market as a first-time homebuyer can be overwhelming, but with the right strategies, you can secure the best deal possible. These negotiation tips will empower you to confidently approach the home-buying process and make informed decisions in today's competitive market.
It’s important to explore all your options when looking to buy your first home. Here are some financial planning tips to consider before making your first move:
RRSP Tactics
Home Buyers’ Plan (HBP): Borrow up to $35,000 from your Registered Retirement Savings Plan (RRSP) for a down payment without tax penalties. Couples can combine withdrawals for a...