Share You may have read articles about flipping properties and thought it sounds like a good idea. But have you thought of how, exactly, you are going to make a profit off of it? Although some people who flip homes suggest it is a relatively easy and effective way to make money, the cost implications [...]
Share Last week, I gave you some tips on how to renovate your bathroom without breaking the bank. Today, I’ll give you some further tips. 1. Keep the DIY in your reno Whenever possible, do as much of the work as you can. Most renos go through money to pay for the labour, rather than [...]
Share We’ve already given you some pointers on how to renovate your kitchen inexpensively. If you are thinking of fixing up your bathroom as well, you might want to follow these tips: 1. Plan, plan, plan. You should have a plan for any renovation you undertake, but a bathroom is especially important. While you can [...]
Share Although the most recent Federal budget announcements were mostly met with approval by housing industry analysts, there were concerns that some calls to make housing more affordable were not heeded by Flaherty. For instance, while the budget retained the first time homebuyers tax credit and the new ceiling on the amount homebuyers can pull [...]
Share With new mortgage rules taking effect on April 19th, 2010, homebuyers are now faced with the problem of coming up with more money for their down payment, among other changes being made. What is to come after these rules take effect should be the rise of interest rates, and if inflation continues to rise [...]
Share With the change coming to the housing market, home buyers might begin to find themselves looking at less expensive houses in order to purchase a home according to the new rules. What might happen as we are nearing the period when interest rates rise, we will see Canadians stretching their budget; however what happens [...]
Share As I mentioned yesterday, the Home Renovation Tax Credit ended yesterday, so if you were thinking of doing renovations now, they will cost a little more. To help offset this tax credit loss, keep in mind these tips to make home renovations affordable. 1. Start with a detailed plan It is obvious, but it’s [...]
