When it comes to investing your money, most people tend to think of options like the stock market or high-interest accounts rather than real estate. But buying property can be one of the safest and most profitable long-term investments you can make. Let’s take a look at some of the main benefits of investing in a new real estate property. Read More
Edmonton Real Estate Blog
Sterling Homes Real Estate Blog brings you the latest market news and property listings, as well as tips for buying or selling a home in Edmonton.
Everybody wants to get a good deal on a home, but sometimes a deal can seem too good to be true. And while everything may appear fine on the surface, there can sometimes be problems with a resale home that are not immediately apparent, or might seem minor at first but can cause big problems in the long-term. Read More
Wouldn’t it be nice if you could make money using someone else’s money?
You can! That’s what happens when you take out a mortgage to purchase an investment property. Sure, you need to put some of your own money down for the down payment, but the bulk of your purchase is borrowed. You can then use the income you earn from tenants to pay down the principal balance and build up your equity. Read More
Many people love watching TV shows that feature a full home renovation being completed in just 30 minutes. These shows make it look so easy, it’s tempting to think you could do the same for any cheap home you find on the market. The reality, though, is quite different. Read More
You’ve already achieved your dream of homeownership, and now you’re starting to think about a second home now. Maybe it’s a nice vacation home so that your family can spend the summers relaxing by the beach or the winters hitting the slopes. Maybe you’re looking for a new place to live but realize that your current place is the perfect rental unit. Read More
Buying a new home naturally comes with a lot of decisions to be made…
What community do you want to live in?
What style of home suits you best?
What kind of budget do you have? Read More
As you’re shopping for your brand new home and considering all your options, you’re likely keeping an eye on your budget as well. You know what kind of home you want, and you’re in search of the perfect fit for all of your needs and wants. Read More
As you get ready to buy your home, you’ll likely start to hear about various additional costs that you’ll have to pay as part of your mortgage, such as mortgage insurance. Read More
The Home Buyers’ Plan was created by the government to help Canadians get over the big hurdle of saving up a down payment for their home. It allows qualified individuals to borrow up to $35,000 from their registered retirement savings plans (RRSPs) to use toward the down payment. The money needs to be repaid within 15 years to avoid having it count as taxable income. Read More
With the easy availability of credit these days, it’s rare to have to save up a significant amount of money to make a purchase. For most, the one exception to this rule is the down payment on a home. Canadian mortgage rules require you to… Read More