Category: Uncategorized
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Tips for First-time Homebuyers
First-time homebuyers in Canada should focus on understanding mortgage terms, saving for a down payment, and budgeting for all homeownership costs, including taxes and utilities. Choosing the right neighborhood, conducting home inspections, and maintaining a good credit score are crucial. Consider government assistance programs and be prepared for closing costs. It's important to plan for…
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Happy Halloween
Halloween falls on October 31 because the ancient Gaelic festival of Samhain, considered the earliest known root of Halloween, occurred on this day. In the eighth century, Pope Gregory III designated November 1 as a time to praise all saints. Soon, All Saints' Day incorporated some traditions of Samhain and the evening before was known…
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Mortgage Lending Market to Grow 9.5% CAGR
The mortgage lending market is projected to grow $27.5T by 2031. CAGR of 9.5% driven by digital and tech adoption.
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10 Essential Tips for First-Time Homebuyers in Canada
First-time homebuyers in Canada should assess their finances, set a realistic budget including all costs, and save for a down payment to avoid mortgage insurance. Getting mortgage pre-approval clarifies borrowing limits and locks interest rates. Research the market thoroughly and consider first-time buyer incentives. A home inspection is essential, and be prepared for closing costs.…
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Abbotsford Rent Growth Sparks Investor Interest
Abbotsford rent ↑ 7% yearly, signaling strong investment potential. Largest rental increase in BC last month attracts investor attention. Average apartment/condo rent is $1,936, affordable yet growing. City remains in Canada’s 25 cheapest markets, promising value buys. Only BC city in cheap-market list, balancing growth and affordability.
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What First-Time Home Buyers Should Consider
Mortgage insurance and home insurance serve different purposes. Home insurance protects homeowners from financial loss due to damage or destruction, while mortgage insurance safeguards lenders if borrowers default on payments. In Canada, mortgage insurance is required for down payments under 20%. Home insurance is also essential, especially for mortgaged homes. Buying your first home can…
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برٹش کولمبیا میں تعمیراتی شعبے میں بروقت ادائیگی کے لیے نیا قانون
برٹش کولمبیا تعمیراتی شعبے کے لیے بروقت ادائیگی کا قانون متعارف کروا رہا ہے، جس کا مقصد کنٹریکٹرز، سب کنٹریکٹرز اور مزدوروں کو منصفانہ اور بروقت ادائیگی یقینی بنانا ہے۔ اس قانون میں ادائیگی کے واضح اوقات مقرر کیے گئے ہیں، تیز رفتار تنازعات کے حل کا نظام متعارف کرایا گیا ہے، اور نقدی کے…
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Tools to help you meet your goals
Preparing for retirement is crucial at any life stage. Start by assessing your financial situation and emotional readiness five to ten years before retirement. Review insurance needs, survivor pension options, and beneficiary information as you approach retirement. One year prior, notify your employer and complete necessary forms. Use online tools like My Retirement Planner to…
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How Can You Set the Stage for Winning Offers?
Provide a comprehensive disclosure package before listing: Include seller disclosures, inspections, HOA documents, and a FAQ to inform buyers upfront.Promote open house opportunities: Utilize MLS tools to list open house dates and times, making it easier for buyers to attend.
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6 Things That Will Help Grow Your Wealth (That Most People Won’t Do)
To grow wealth, individuals should track spending, adhere to a budget, save and invest 20-30% of income, and increase earnings through raises, job changes, or side hustles. Wealth should be held in assets, not material possessions, and accepting risk is necessary for returns. Success requires consistently managing details, prioritizing financial goals, and seeking help when…