Canadian housing market expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels, say RE/MAX brokers and agents Canadians showing more interest in suburban and rural homes for sale, as work and life dynamics shift  Canadian housing prices anticipated... [read more]

      When you buy a home, your credit score plays an essential role: It can impact what loans you’re eligible for and the interest rate you get (which will affect your monthly payment costs).  But what determines your score? The exact elements depend on which scoring method you’re looking at, and lenders often use Equifax. Generally speaking, credit scores range from 300 to 850 and are influenced by the following five... [read more]

  Canada’s Zoomers are in line to inherit a vast cumulative fortune in their retirement years. Here are a few helpful guidelines with spending and investing your inheritance.   Start with your children’s education Helping your children pursue post-secondary education is a costly proposition. Use the first big chunk of your inheritance here because it will help set them up for success, as well as provide you with a guaranteed 20% return. That is the... [read more]

Start Saving Canadians spend an average of 20 years in retirement. If you’re not saving, it’s time to start.   Estimate Your Retirement Needs Experts estimate that you will need about 70% of your preretirement income – for lower income earners, the figure is 90% or more – just to maintain your current standard of living when you stop working.   Participate in a Workplace Retirement Savings Plan If your employer... [read more]

Tips to Buying a Turn Key Investment Property We have compiled this short but fundamental list to take into consideration if you want to buy a lucrative and highly profitable Investment Property.   1. Choose a proven real estate professional that specializes in investment properties. Ensuring you are using the right investment property specialist will give you peace of mind and is essential for a successful investment. Check the Realtor’s track record, ask... [read more]