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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...
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...
Mortgage Default Insurance Helps You Buy a Home Sooner

Mortgage Default Insurance Helps You Buy a Home Sooner

by Marco Abballe | Sep 18, 2020 | Blog, Finance, Mortgage

One of the most challenging obstacles toMortgage Default Insurance Helps You Buy a Home Soonership is saving enough money for a down payment. Thankfully, mortgage default insurance provides a break to homebuyers that enables you to put less money down.   The...
What’s the Difference Between a Home Appraisal & Inspection?

What’s the Difference Between a Home Appraisal & Inspection?

by Marco Abballe | Sep 4, 2020 | Blog, Homeownership, Mortgage

Both a home appraisal and an inspection are important steps within the home buying process, so it’s well worth your effort to distinguish the differences between them and learn how they can both be used to your advantage to uncover detailed information about a...
The Canadian Real Estate Market is Hot!

The Canadian Real Estate Market is Hot!

by Marco Abballe | Aug 21, 2020 | Blog, Economy, Finance, Homeownership, Mortgage

The Canadian real estate market was in good shape heading into 2020, but the busy spring season was delayed a bit thanks to COVID-19. The good news is that it has come back white hot, breaking records throughout the summer and showing no signs of slowing down anytime...
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