Before diving into the condo market in Saskatchewan, it is important to do some research to better understand all the challenges.
As a strategic path to financial freedom, real estate investing can help generate income and build wealth over time. Due to its stable economy, diverse industries and continuous population growth, Saskatchewan offers a fantastic opportunity for real estate investors. Some areas of the market in Saskatchewan of interest include:
Navigating the mortgage application process as a self-employed person in Canada can be a bit complex and challenging at times. Here are some things to note for those looking for a mortgage:
This new type of savings plan, which would allow first time home buyers to save up to $40,000 on a tax-free basis, is geared towards Canadians saving for their first home. Learn more about the qualifications, benefits and structure for this account to see if it will work for you.
First-time homebuyers in Canada have a unique opportunity to use their Registered Retirement Savings Plan (RRSP) towards their down payment for a first mortgage. Here's how it works.
We know there's a lot to think about after you've moved in and are getting comfortable in your new space. Here's a few tips to help you get settled in
If you own a house, you probably have some equity in it. This means that you have more value in your home than you owe on your mortgage. In fact, you might even have enough equity to buy another property or pay off outstanding debts and save on the interest.
You may be wondering, how much should I be saving for a down payment? The answer depends on a number of factors such as home value, mortgage type and lender.
If this is something you’re considering, what are your options? How do you know if you are in the right place to invest your money? What is involved with having real estate investments? Let’s find out!