Found 6 blog entries tagged as buy a house.

Buying a home is a life-changing decision that often involves guidance from real estate professionals. Yet, it is completely legal—and feasible—to buy a home without a realtor. Whether you're aiming to save on commission costs, enjoy full control of the process, or simply feel confident managing it yourself, here’s how to navigate the home-buying journey solo and make sure you do it safely and smartly.

1. Get Pre-Approved for a Mortgage

First and foremost, secure your financial footing. A mortgage pre-approval gives you:

• A clear ceiling on what you can afford.

• Credibility in the eyes of sellers.

• A smoother, faster process once you find a home you like.

This sets the foundation for everything that follows.

2. Do Your…

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Buying a home in Canada is a significant life decision that requires planning, patience, and an understanding of the process. The timeline for purchasing a house can vary depending on factors like your financial readiness, the housing market, legal processes, and the availability of suitable properties. On average, the entire process—from preparing to buy to receiving the keys—can take anywhere from three to six months, though some buyers may take longer or move quicker depending on their circumstances.

Below is a breakdown of the key stages involved in buying a home in Canada and the typical time each one takes.

1. Saving for a Down Payment (Several Months to Years)

Before you begin house hunting, the first step is saving enough for a down…

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Purchasing a home at auction can be an exciting opportunity to acquire property, often at a competitive price. However, it requires careful preparation, thorough research, and a clear understanding of the process. Here's a step-by-step guide to help you navigate buying a house at auction.

1. Understand the Auction Process

Before diving in, familiarize yourself with how property auctions work. Auctions can be conducted in person or online, and they typically fall into three categories:

• Absolute Auction: The property is sold to the highest bidder, regardless of price.

• Minimum Bid Auction: Bidding starts at a predetermined minimum price.

• Reserve Auction: The seller sets a hidden minimum price; if bidding doesn't reach this reserve,…

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Purchasing a house is one of the most significant financial decisions and personal milestones many will undertake. To navigate this complex process successfully, it’s essential to understand each step involved. Jag Sidhu, an experienced real estate professional, provides a detailed, step-by-step guide to help first-time homebuyers from start to finish.

1. Evaluate Your Financial Situation

Begin by assessing your financial health to determine how much you can realistically spend on a home. This includes reviewing your credit score, current debt levels, savings for a down payment, and your overall financial stability. It's crucial to also consider additional costs such as property taxes, homeowners insurance, and potential homeowners association…

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Buying a house is a significant decision that involves various stages, each with its own timeline. From the initial search to closing, the entire process can take anywhere from a few weeks to several months, depending on market conditions and your preparedness. Here's a step-by-step breakdown of how long it typically takes to buy a house.

1. Saving for a Down Payment (Several Months to Years)

Before starting your home-buying journey, you need to save for a down payment. In Canada, the minimum down payment can range from 5% to 20% of the home’s purchase price, depending on the property value. How long this takes will depend on your income, savings habits, and financial goals. Many buyers spend months or even years preparing their down payment…

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If you're looking to buy a home, there are many factors to consider. It can be overwhelming, from the type of neighborhood you want to live in to what amenities are important to you, to how much money you have for a down payment.

In today's article, we'll discuss the best time of year to buy a home and what kind of trends we've seen over the years. We'll also walk through some common misconceptions about buying a house that you may not know about.

The best time of year to buy is...

The best time of year to buy is when it's least expensive! Homes generally tend to be more affordable in spring than in fall or winter. This may seem counterintuitive because sellers generally want their homes sold as quickly as possible, and buyers want them…

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