10 Mistakes to Avoid in Rent-to-Own For most people, a home is the largest purchase they’ll ever make, so choosing the wrong property can have disastrous implications for their wallets and well-being. Still, many homeowners feel a strong sense of pride in putting their mark on the property, building equity and having a place to [...]
Wondering how the rate increases (and subsequent stress test increase) would impact your ability to qualify for a mortgage? Suppose your household income is $120,000, you have good credit and you want to buy a condo in a major urban centre. Let’s say the property taxes are $2,400 and the condo maintenance/strata fees are $360 [...]
After plummeting more than 40% since February, home sales are showing signs they may be reaching a bottom. Keep in mind this is NOT prices BUT sales. This is key as there are many factors to cause this - low supply of houses and of course the increasing interest rates are keeping buyers on the [...]
Rachel Oliver, managing partner, discusses Rent-to-Own with CTV. Watch the interview below.