Niagara Real Estate Blog

Purchasing a foreclosed home as a first time home buyer

Posted by Terence Davids on Oct 11, 2016 3:12:06 PM

As a first time home buyer, you’re probably looking for the best deal possible for your new real estate. One of the first things that typically comes to mind is looking at foreclosed homes for sale. Foreclosed homes can be very appealing, as they’re easy to find in a neighbourhood that would otherwise be out of your price range. Although this initially looks like a great deal, you should critically evaluate the pros and cons prior to making the purchase.

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Topics: Investment Realty

Before You Sell Your Home, Consider This!

Posted by Terence Davids on Jun 9, 2015 12:17:00 PM

Estimated Reading Time: 4 Minutes

You've heard the saying: your home is your single largest investment.

Instead of selling your home and using the profit to buy another home, there is an alternative option. Turn your current home into a rental property! For most, it represents the most equity that they'll own in their lifetime.

This option not only saves you the taxes you pay when selling your home, but it can increase your income as well.

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Topics: Investment Realty