Found 4 blog entries tagged as utilities.

These days understanding and managing the cost of living is crucial. Whether you've recently acquired a property or are settling into a rental, keeping your budget in check is essential for long-term financial well-being. In this guide, we'll explore practical strategies for residents to help navigate the cost of living and ensure financial stability.

Mapping Out Your Expenses:

The first step to mastering your budget is creating a comprehensive overview of your monthly expenses. Beyond mortgage or rent, consider utilities, groceries, transportation, healthcare, and any other recurring costs. This holistic approach ensures that no financial aspect is overlooked.

Location Matters:

The geographic location of your home significantly…

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Most people have watched the movie Home Alone or have at least know the storyline. To summarize, a family goes away for Christmas vacation, and two robbers scope out the house and decide to break in and steal everything. However, the family forgets their youngest son, who spends his days pranking the robbers and keeping them at bay. While this makes for an amusing movie plot, being in this situation in reality is not what anyone wants – especially when they are out of the country. Now, in you’re wondering how to prepare your house before you go on vacation this winter, read on!

While the likelihood of you forgetting one of your children at home when you leave for winter vacation in next to none, the chances of someone breaking into your home while…

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Condos are often attractive to buyers, not only because they can be in a more favourable price range than single family homes, they can provide easier access to amenities and a low-maintenance lifestyle. 

However, these benefits don’t come without a cost. In addition to your mortgage, you’ll need to plan for the maintenance fees, also known as condo fees. This article will look at what condo fees are, when they can be reassessed, and what they mean for your mortgage, specifically related to an apartment-style condominium building.

What are condo fees?

To put it simply, condo fees are monthly contributions made by unit owners to a condo corporation (the organization that runs the condo building). This money is then pooled together and goes…

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Buying a home is one of the biggest purchases you will make in your lifetime. While the initial purchase of a home is a big cost, it is important to keep in mind the expected – and unexpected – costs of owning a home. From maintenance fixes and utilities, to insurance and emergency costs, it is important to be aware of the hidden costs of home ownership that might not always be obvious.

Take a look at these hidden costs of owning a home that you might not be aware of.

Courtesy: remax.ca

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