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Don’t Forget Monthly Carrying Costs When Buying a Home

Don’t Forget Monthly Carrying Costs When Buying a Home

by Marco Abballe | Dec 18, 2020 | Blog, Finance, Homeownership, Mortgage

Ensuring homeownership remains an affordable option stretches well beyond monthly mortgage payments. There are numerous recurring expenses known as ‘carrying costs’ that help you maintain your investment and, therefore, must be factored into your budget to avoid...
How Do I Know How Much I Can Spend on a Home?

How Do I Know How Much I Can Spend on a Home?

by Marco Abballe | Dec 5, 2020 | Blog, Economy, Finance, Homeownership

Determining what you can comfortably afford to spend on a home is important to define well before you head out home shopping. Otherwise, you could waste time looking at homes that stretch you outside your financial comfort zone or, worse yet, are completely beyond...
Becoming a First-Time Homebuyer & Landlord at Once

Becoming a First-Time Homebuyer & Landlord at Once

by Marco Abballe | Nov 20, 2020 | Blog, Economy, Homeownership, Mortgage

Becoming a First-Time Homebuyer & Landlord at Once   In Canada, there are nearly 4.5 million adults and families who live in rental housing – representing approximately one third of total households. If you’re looking to purchase a home, particularly your...
How Does Skipping a Mortgage Payment Work?

How Does Skipping a Mortgage Payment Work?

by Marco Abballe | Nov 6, 2020 | Announcements, Homeownership, Mortgage

How Does Skipping a Mortgage Payment Work?   Many lenders provide the option for you to skip a mortgage payment each year to help alleviate those tight financial months where everything seems to come due at once. But this also may be an option to help you push...
Why Do We Pay Property Taxes?

Why Do We Pay Property Taxes?

by Marco Abballe | Oct 16, 2020 | Blog, Economy, Finance, Homeownership

Property taxes are levied to homeowners as a way to help maintain services in your community that ensure your neighbourhood continues to thrive and remain an attractive place to live and work.   Property taxes represent a key source of funding for municipalities...
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