Mortgage Blog
Canada's Mortgage Expert
Category: First Time Home Buyers (30 posts)
Is it a Good Time to Become a First-Time Home Buyer?
May 27, 2020 | Posted by: Jeremy Schaffner
We are facing a challenging time as we work together to combat COVID-19 in our country and even our own neighborhoods. With so much uncertainty in the air, is it a good time to think about buying a ho ...
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5 First-Time Homebuyer Mistakes To Avoid
May 13, 2020 | Posted by: Jeremy Schaffner
Buying your first home is a scary and exciting process because it’s a HUGE commitment. It’s easy to get swept up in the excitement of home shopping and mistakes can leave you with buyer&rs ...
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Real Estate 101: Essential Tips for First-Time Home Buyers
February 12, 2020 | Posted by: Jeremy Schaffner
Buying a home is always a big decision, but when you're a first-time buyer it's even more important to get it right. Without home-buying experience to draw on, it's easy to make mistakes you could reg ...
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10 Essential Tips for Taking Out Your First Mortgage
January 29, 2020 | Posted by: Jeremy Schaffner
Taking out your first mortgage presents a major financial commitment, possibly the biggest one you'll ever make, so it's crucial that you get the best deal available. Getting a mortgage is often not a ...
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First Time Home Buyers Guide: What Happens after Sending an Offer to Purchase
June 27, 2019 | Posted by: Jeremy Schaffner
After sending the offer to purchase to the seller, there's nothing left to do but cross some fingers and hope for the best. Or is there? What happens now and when will the keys finally change hands? T ...
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First Time Home Buyers Guide: What about Pre-Qualification, Pre-Approval, and Mortgage Commitment Letters?
June 12, 2019 | Posted by: Jeremy Schaffner
Securing pre-qualification, pre-approval, and mortgage commitment letters can simplify the mortgage application process. These steps can also help home buyers avoid disaster. They don't need all three ...
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Three Mistakes to Avoid as a First Time Homebuyer
May 22, 2019 | Posted by: Jeremy Schaffner
Purchasing your first home is always an exciting life milestone. However, if you want to make a smooth and easy transition into home ownership, there are a few mistakes you should try to avoid along ...
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Mortgage Mistakes - How to Avoid Getting in Over Your Head When Buying Your First Home
May 8, 2019 | Posted by: Jeremy Schaffner
If you are tired of renting and ready to buy the home of your dreams, you need to plan carefully. The dream of home ownership is a wonderful thing, but without careful planning and a proactive approac ...
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Mortgage Questions for First-Time Buyers
April 10, 2019 | Posted by: Jeremy Schaffner
While purchasing a home qualifies as the largest acquisition in many peoples' lives, it doesn't have to invoke anxiety. As long as you know what to expect, you'll be set to become a successful homeo ...
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5 Mistakes to Avoid When Buying Your First House
January 23, 2019 | Posted by: Jeremy Schaffner
Buying a first home is a big step, both financially and personally. In the long run, home ownership can lead to many other investment and and financial opportunities. Of course, owning a home also g ...
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Buying Your First Home: When Are You REALLY Ready?
December 12, 2018 | Posted by: Jeremy Schaffner
Purchasing your first home is the dream of a lifetime and a massive investment toward your future. The process is full of hopes and aspirations but is also a huge commitment to take on. For those who ...
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Real Estate: Four Features of Profitable Rental Property
October 24, 2018 | Posted by: Jeremy Schaffner
Investing in real estate can be a frightening task for a first-time buyer. While the rewards can be huge, there are also a number of risks that you will need to consider. However, if you know what to ...
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Five Surefire Ways to Ensure You are ready to Buy a Home as a Recent College Graduate
October 10, 2018 | Posted by: Jeremy Schaffner
If you are a recent college graduate, you might think that buying a home is still many years off, but that's not necessarily the case. If you dream of homeownership, even as a young adult, there may b ...
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How to Know If You Should Buy a Home or Continue Renting
May 23, 2018 | Posted by: Jeremy Schaffner
While owning a home and a plot of land was once part of the 'American Dream' for many people, the times have shifted. The global financial crisis which resulted in a massive shift in the housing marke ...
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Five Things to Consider Before Flipping a House
March 28, 2018 | Posted by: Jeremy Schaffner
House flipping can be a tempting way to make fast money, but not every fixer-upper has the potential to be profitable. Here's five things to consider before buying a property to flip. 1. Time Tele ...
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Thinking of Buying a Home? Ask Yourself These Questions First
March 14, 2018 | Posted by: Jeremy Schaffner
Many people simply assume that buying a home is always better than renting, but that is not always the case. Owning a home makes sense in certain circumstances, just as renting is a smart move in othe ...
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What to Look for When Buying Your First Home
December 13, 2017 | Posted by: Jeremy Schaffner
Buying a first home is an exciting time in an individual's life. You may already have a family that needs more than simply being a good structure to protect against them against the elements. In addit ...
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Buying Your First Home? Be Prepared for These 5 Startup Expenses
October 24, 2017 | Posted by: Jeremy Schaffner
If you are in the market for your first home, you’ve probably saved a substantial amount of money for the down payment. You researched closing costs, sought out the best deal on a mortgage, and ...
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10 Mistakes First-Time Homebuyers Make
August 23, 2017 | Posted by: Jeremy Schaffner
Buying your first house can be an exciting and stressful time. There are so many things to consider that you can find yourself getting overwhelmed. Here are some common mistakes first-time homebuyers ...
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Five Things First Time Home Buyers Should Do Before They Go Shopping
July 26, 2017 | Posted by: Jeremy Schaffner
Shopping for your first home is exciting, and it is only natural to want to get right to it. The idea of trading in that monthly rent check for a mortgage payment that builds equity and wealth for the ...
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Timing Your Home Sale
January 25, 2017 | Posted by: Jeremy Schaffner
Timing the sale of your home is easier said than done. There are all sorts of factors to consider, from seasonal advantages to the economic climate of a particular region. And that's in addition to po ...
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Should You Borrow Money to Invest in Real Estate?
December 28, 2016 | Posted by: Jeremy Schaffner
There's no disputing that real estate investment is one of the best business models for those looking to achieve long-term financial success. The one problem most would-be investors have, however, is ...
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Going Away for the Holidays? Protect Your Home against Burglars!
December 14, 2016 | Posted by: Jeremy Schaffner
Burglars look for opportune moments to enter homes in search of valuables, and they don't take breaks for the holidays. In fact, many burglaries take place during the holidays, especially when people ...
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Curb Appeal on a Budget
November 9, 2016 | Posted by: Jeremy Schaffner
If you're like most people looking to sell your home quickly, you already know the importance of curb appeal. While more and more homebuyers are looking online for homes for sale, a majority still do ...
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5 Tips for Buying Your First Rental Property
October 26, 2016 | Posted by: Jeremy Schaffner
Investing in a rental property is a great step toward earning passive income and building wealth. Unfortunately, becoming a landlord for the first time can also be challenging and lead to a financial ...
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7 Tips for Buying a Condominium
September 28, 2016 | Posted by: Jeremy Schaffner
There are many advantages to living in a condominium. You aren't required to mow the grass or shovel the snow (if any). You have access to amenities such as pools and fitness centers. And you probably ...
read more5 Simple Ways to Get Your Home Ready to Sell
August 30, 2016 | Posted by: Jeremy Schaffner
If you are working up to selling your home, there are a few quick updates that you can do to get it in better shape for the market. Minimal time upfront getting your property ready to sell can make al ...
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Tips to Ease the Moving Process
August 30, 2016 | Posted by: Jeremy Schaffner
Moving can be a stressful process, no matter how far you are traveling. Planning your move minimizes the stress associated with this task while also simplifying the process. Here are several tips that ...
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Before You Hire a Realtor Ask These 5 Questions
July 28, 2016 | Posted by: Jeremy Schaffner
Selling a home is a big decision. An equally big decision is choosing a Realtor. On a basic level, your Realtor is responsible for finding the best buyer for your home at the price you're asking. Howe ...
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Rent or Buy? 3 Tips to Help You Decide
July 28, 2016 | Posted by: Jeremy Schaffner
The decision to buy or rent a home in is one that should not be taken lightly. After all, the choice you make is going to affect you for at least a year and probably much longer than that. While this ...
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