Is it possible to buy a home before selling your current one? While it’s a common question for homebuyers, there are both advantages and drawbacks to consider. Let’s break down the pros and cons of buying before selling, so you can make an informed decision.
Pros:
More Time to Prepare: If you have the down payment and funds needed to close the deal...
Property taxes fund essential services such as education, road maintenance, waste collection, snow removal and emergency services like police, fire departments, and ambulances.
Each province and municipality allocates these funds differently, making it important for homeowners to understand where their money goes. Failing to pay can lead to interest...
Preparing to show your home is a crucial step in the selling process. A great showing can make all the difference, leaving potential buyers with a lasting impression and increasing your chances of a quick sale. Homebuyers generally want to visit the house in person before committing to an offer. Sellers should be ready to communicate with their ag...
Toronto home sales increased by 10% in January as buyers took advantage of lower mortgage rates.
TRREB forecasts that home sales in 2025 will be 12.4% higher than in 2024, a year marked by high borrowing costs that made mortgages harder to secure. The Bank of Canada's decision to cut interest rates six times since June has led to a decrease in the a...