Home-Buying for Beginners: 8 Red Flags When House-Hunting

It’s easy to get drawn into a property based on its aesthetics. After all, granite countertops, fresh paint and new carpets all make a good first impression; they also could cause you to overlook some serious sins that might make you regret purchasing the home. Keep an eye out for these red flags when searching for a new home, as they could indicate something’s awry.

1. Plenty of ‘For Sale’ Signs
Take a look around the neighborhood. Do you see a lot of other “For Sale” signs? If it’s in an urban area, does it look like area businesses are thriving or at they closed in the middle of the day? If no one else wants to live on the street, chances are you might not want to either.

At the same

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There are few things more exciting than buying a house with your significant other.

It shows that your relationship is strong and that you’re ready to take the next step. However, the homebuying process can be stressful, which means it can be quite a strain on a relationship if you’re not careful. Here are seven tips that will hopefully make buying a home with your partner a process that’s as stress-free as possible:

1. Get on the same page

Deciding that you want to own a home together is not the same as being on the same page. You need to sit down with your partner and figure out, then discuss, exactly what they want in a house. One of you may want to live in an urban area while the other may prefer the suburbs. Your partner may like the

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For the first time in modern history, living with parents has overtaken other living arrangements for 18-34-year-olds, according to a Pew Research Center report released Tuesday.

In 2014, 32.1 percent of young adults lived in their parents’ homes, edging out all other living arrangements, including marriage or cohabitation, living alone, or living as single parents or with roommates.

The change is fueled by a steep decline in the portion of young Americans settling down romantically over the past 50 years.

Since 1880, when the Census Bureau started keeping track, the most common arrangement for young people was to live with a spouse or significant other. That peaked in 1960, when 62 percent of 18 to 34-year-olds did so. Now, that number has

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I often get asked how to invest in real estate and what should investors should be looking for in an income producing property.

It can be overwhelming for a first-time investor, as the real estate investment industry is riddled with various scenarios and situations that can decimate your returns. While the returns can be lucrative, proceed with caution.

Toronto realtor Matt Smith has shared with me his extensive experiences in helping investors both acquire and manage single-unit condominium investment properties. These are a very popular vehicle for investment in both Vancouver and Toronto, where both supply and demand for these units seems to be endless. In Toronto’s Downtown Bloor Yorkville area alone, there are currently eleven projects, all

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A significant “negative shock” to the economy: That’s what it’s going to take to lower interest rates again, says Canada’s most powerful banker.

And Bank of Canada head Stephen Poloz isn’t betting on that happening any time soon. Neither are bond traders, the big guns that bet billions of dollars every day on the direction of interest rates.

So let’s suppose – just for fun – that they’re right (since we all know how often markets and economists aren’t right). If we are actually near a bottom in rates for a few years, what’s the best way to play your mortgage?

Well, it just so happens that there’s an app for that. It’s called a spreadsheet and I’ve taken the liberty of putting mine through its paces and model out which mortgage term (or

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Multiple offers are a very real occurrence in the Kamloops real estate market right now. 

We are hearing about the low inventory of houses in Kamloops which is leaving buyers missing out on their choice of house due to losing a multiple offer bidding process. A good realtor who is on the ball and gets you into seeing the properties as soon as possible is a great asset but when there are a number of hard working agents in Kamloops sometimes it can come down to the offer itself and the negotiating ability of your Realtor.

So what can you do if you find yourself in multiple offers that will increase your chances of making the sale happen for you? You will want to secure the property but not over pay for it, by balancing the below tips and getting your

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What exactly is a real estate referral anyway?

A referral is the act of sending someone to another person for help, advice, etc.  

Referrals are one of the pillars of my business. It is also one of the biggest compliments one can receive!

Over the years much of my business has come from referrals. Giving prompt, efficient and sincere attention to the needs of all my clients has earned me the reputation of being a realtor that customers and fellow realtors can trust and rely on.

Many of my friends and clients refer people they know to me, people who are looking to sell or wanting to buy a property in the near future. Word-of-mouth is a very integral part of my business, so I thank you for the vote of confidence!  You can be rest assured any

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Finding the right real estate agent can make a huge difference in the process of buying or selling a home. 

Because searching for a home, or selling a home, may be the largest single financial decision you make, interviewing three agents is a wise exercise for you to undertake.

Which Agent Will It Be?

If you had been attending open houses before you reached this point, you have already been interacting with agents and met some that you are already considering. You had probably eliminated several before you left the open house. You may consider other agents you are acquainted with in the community. The agent you choose must be able to wear many hats. Because this process often takes time, that will be spent with that person, bear that fact

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There are certainly benefits to owning your own home. You can make payments toward a long-term investment, make any changes or upgrades you desire, and have a stable place to call home, just to name a few. What is not always so clear are the benefits of renting. Not everyone is in a position to buy a home and sometimes it just makes more sense to rent. It would be a smarter financial decision to rent temporarily before buying a home you’re not ready for. Here are some circumstances in which it makes more sense to rent.

When does it make more sense to rent? You may want to rent if…

You’re not sure which neighborhood/city/province you want to live in.

Location is a large part of purchasing a home. When you buy a home, you’re not only investing in

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Making the Decision Between Two Great Kamloops Houses when buying a home

OK, house hunters, picture this: you’ve made your “need” and “want” lists; you’ve shopped around online and toured through too many houses to count; surprisingly, you’ve found more than one that fits the bill. Now, what?

Often, home buyers get so wrapped up in not being able to find the perfect house that they are taken by surprise when two great options suddenly present themselves. If you are “lucky” enough to find yourself in this situation, you may find the choice between two seemingly perfect homes is more difficult than you would have imagined. Unfortunately, time is rarely on your side when dealing with buying a home, and you will likely need to make a decision within a

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