Investing in secondary properties has been a favourite investment route in Canada. Many homeowners and potential homebuyers are wondering if the upcoming empty home tax set to be implemented by the Liberal party will significantly affect their finances.
As the winter season approaches, more and more homeowners are turning to hot tubs to keep warm during the colder months. While many homeowners would agree that a hot tub is a welcome addition to home comfort, many are reluctant to decide without considering the financial implications. We have collected some details about hot tub costs in Canada to help you make a choice.
Some Canadians who reach retirement age find it difficult to finance the upkeep and maintenance of the homes they have owned and lived in for a long time. This can be stressful and difficult to manage, even with pension benefits. We have collated information about how grants for seniors’ housing repairs work, different ways to claim them, and the best way to utilize them.
Ensuring that your child has the funds they need for postsecondary and graduate education can be a big challenge. Through RESP, Canadian parents can make investments that their children can rely on for their future education.
Breaking your mortgage comes with expensive penalty fees. Click here to learn how to avoid them.
Many young Canadians dream about purchasing a home. Apart from the down payment and closing costs, it is important to find an affordable mortgage option. A good credit score allows you to access the best mortgage options at low interest rates. Are you worried about finding a mortgage with a bad credit score? We will discuss the mortgage options available to borrowers with a bad credit score.
Finding a suitable mortgage is as important as finding a new home. When you find a home and need to get mortgage approval quickly, we will talk about how long does a mortgage approval take.
Most people know about a property mortgage, which is a loan you can use to pay for your home. But, what happens if you want to build your home from scratch? For all those homeowners who would like to plan their dream house, owning a patch of land might be a better option. In this regard, the key question is can you get a mortgage for land?
Have you ever dreamed of having a luxury bathroom where you can relax after a long day at work? Well, to achieve this Instagram-worthy look, you will need to renovate your bathroom. This can be a fun process since you can choose the modern bathtubs, different tile styles and opulent cabinetry. However, before you look at inspirational pictures, it is important to think about the bathroom renovation costs.
If you have high-interest debt, are you wondering “Can I consolidate debt into a mortgage?” Any kind of debt can be hard to pay down and get permanently dissolved if the interest charges keep accruing. Many people may feel at a loss on what to do to start making a dent in their high-interest debt.