Real Estate Blog - down payment

10 Important Questions to Ask Your Contractor

Posted by Infinity Admin on April 16th, 2022

Working with a contractor, in lieu of DIY, can be the difference between a successful home renovation or repair and a botched project. Yet, finding a contractor for your home can be easier said than done. You want to make sure the person you hire has adequate experience, can give you the best value for your buck, and communicates in a clear and transparent way. 

How can you ensure you’re making the right choice when hiring your next contractor? 

We’ve outlined 10 questions you should ask to make sure you’re finding the best person or company for the job, helping you avoid any unpleasant surprises that may affect your wallet and leave you dissatisfied.

Image via Pexels, Monica Silvestre

1. Ask yourself: How do I know a repair or renovation is…

557 Views, 1 Comments

What You Need to Know About First-Time Home Buyer Budgeting

Posted by Infinity Admin on April 13th, 2022

As a first-time home buyer, you probably already know you’ll need a chunk of cash for a down payment. But lots of other costs can creep up when it’s time to jump into the real estate market, so it’s a good idea to save up for them and be ready for when the time comes to make an offer. Here’s how one first-time home buyer is navigating this exciting time.

Start budgeting early 

When Montrealer Kelly Wong decided last summer to buy a two-bedroom condo or small home on her own, she knew she had lots of homework to do, including figuring out what she could afford. 

TIP: Using an online tool like our Mortgage Payment Calculator can allow you to see what your mortgage expenses will look like.

Wong also teamed up with Jean-François Gionet,…

444 Views, 0 Comments

The First-Time Homebuyer’s Guide to Securing a Mortgage

Posted by Infinity Admin on March 2nd, 2022

Is the Canadian real estate market a mountain to climb? For a lot of young professionals who are first-time homebuyers, getting into the housing market can be a challenge, whether it’s saving up enough money for a down payment, finding the right home or securing a mortgage in order to buy it.

From tighter mortgage lending standards to higher interest rates, there is a lot to learn for the current crop of first-time homebuyers, and we’re here to help with this simplified guide to securing a mortgage for the first time.

The First-Time Homebuyer’s Guide to Securing a Mortgage

If you’re a first-time homebuyer, where do you even begin when applying for a mortgage? Let’s start with the basics.

Ensure You Have A Sufficient…

421 Views, 0 Comments