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New Pre-Construction Homes & Condos Altona MB

Is owning an investment property in Altona, Manitoba profitable?
In this edition of XONDO‘s New Home Buyer’s Series we will be going through some basics to help get started on your search in Altona, MB. What should I consider when choosing my next home? Before making any big decisions like moving across town, buying a new property is probably one of the most exciting things you will ever experience. It is an incredible way to invest in yourself by building something unique. But with excitement come risks. There is no perfect decision and every buyer needs to find their own balance between risk and reward. Here are some tips we recommend to keep in mind while searching for your next place. Location Matters When deciding which area you would prefer, take note of the location of a potential house/condo. Location matters because the closer you live to amenities and transit services the better deal you get. If proximity isn`t everything then take a moment to consider if location really makes sense for you. Is it worth living somewhere far away just so you could walk to work? Think long term. If living close to work was an issue for you, how will you commute once kids come along? Consider Your Budget Your budget will determine the type of property you can afford. A bigger mortgage payment usually requires a higher deposit than a smaller one but the reverse does not always hold true. If you plan on putting down less than 20% of the total value of the property then expect that your monthly payments will increase significantly. On the other hand if you decide to put up to 50% of the value into the purchase then your monthly expenses will drop considerably. Think About Equity Equity is simply the difference between how much a property costs today versus how much you paid originally for it. When calculating equity, remember that interest only payments count towards the equity portion of the loan. So, if you bought a $200K property 10 years ago paying 5% for 30 years, you would owe $1,250 per month. If you sold the same house for $450k, your equity is $150k ($400-$350). In addition to being an amazing feeling of relief, equity is another reason why people love investing. Don’t Forget Maintenance Costs You may not realize it until after closing day but maintenance fees are part of the cost of ownership. They include heating, cooling, hot water, electricity, sewerage charges, garbage removal and snow plowing. Make sure these fees aren’t overlooked. [VIDEO BEGINS] How Do I Find My Perfect Property? Finding the perfect property is easier said than done. We have found a few tricks that you can use to narrow down your options. First, try to avoid falling victim of the “show me the property first” trap. Most real estate agents will show you around properties they believe are good fits for you first. However, if you do fall prey to this temptation, be careful because you don’t always end up getting exactly what you wanted. Instead, focus on what you are willing and able to pay for. This includes both the price range you are comfortable with and the size, age and layout of...
New Home Altona Buying 101
1.) Use this page as a resource on finding affordable real estate listings across Canada. If you’d like to use my website’s tool to search for homes near me then feel free to browse around and get familiarized with my system first. Once you want to buy property I would suggest starting with searching through properties outside of your city since they will be cheaper than those inside your area. A good tip is to put in your address (or region if you live in Alberta), select “show only new listings” and let the system show you listings nearby your location (so that you won't see duplicate information). I'd recommend putting something interesting in your title, description and picture. Make sure that each listing contains the following details: Property Address Year Built Price & Size Square Feet Room Type Floor Quality Roofing Exterior Features & Amenities Inside/Out Garage Availability View 2.) After getting started, take some time to read reviews written by past buyers of this particular realty agent's current portfolio of available properties in order to ensure you understand what makes them special and whether their services match your needs. The most commonly used words on Zillow include "convenient", "easy" and "good". Search reviews online as well as on Facebook and Twitter if necessary; try to find multiple reviews which contain similar sentiments (i.e. ‘great service’ instead of just ‘service was great’) and be wary of ones published simply because the property sold quickly. 3.) Once you've found a few places which seem appropriate, begin making contact via phone calls and emails regarding your inquiry. Ask questions to help eliminate poor candidates who couldn’t care less about serving customers and offer honest answers to any issues raised during your initial conversation. Take notes on questions you ask yourself as you speak aloud to remember important points made. Pay attention whether the agency uses automated systems or manually processes applications, and pay close attention when speaking with staff members. Keep track of any offers received and negotiate accordingly. Be aware that sometimes agents will provide a lower price after knowing they're dealing with a foreign buyer (since prices tend to go down a bit due to currency exchange rates). Also keep note of things which aren’t negotiable such as floor size, view availability, proximity to schools, etc. 4.) Once you've chosen among many options, arrange closing dates and times convenient to both parties. Keep the realtor and seller informed of deadlines along the way and stay consistent in terms of communication. Set specific days and times you expect updates back from both parties. Some agencies allow clients to manage their own finances or work within certain parameters so check this out beforehand with your lawyer and financial institution. For example; some banks have loan limit windows in which they cannot approve any additional borrowings beyond what is specified. After choosing an acceptable deal, finalize documents in person or send everything electronically ahead of signing anything. As soon as possible, call your legal team together to discuss the transaction and answer any outstanding paperwork items. Don’t forget to set aside enough cash for taxes upon completion. 5.) On the day of closing, arrive early, dress casually and present yourself confidently. Bring copies of...
When buying a new home in Manitoba follow these steps
Altona offers residents many different options for buying real estate and investing in property. If you are looking for something less than full ownership, consider renting out rooms through Airbnb. If you want to be hands on, then owning a house isn't always necessary; condo's offer privacy with community living. For those who prefer to own, but aren't ready to buy yet, a rental investment can help save some cash while building equity. Whether you're buying a fully built home, land or townhouse/condominium, choosing wisely will ensure the financial rewards outweighing the initial costs involved. Here's why… [LIST ITEM 1 CONTENT ENDS HERE] [LIST ITEM 2 CONTENT ENDS HERE] [LIST ITEM 3 CONTENT ENDS HERE] [LIST ITEM 4 CONTENT ENDS HERE] Contact Us Today for More Information About Buying Real Estate Get started today by contacting us online or calling 905-731-3200. There will be no obligation sales conversation until after you've read this information sheet, so please feel welcome just ask away. We'd love to speak with you and show you around in person either today or tomorrow, call us anytime at 905-725-0223 / cell 807-948-5353 [/list_item] I'm excited to join @b2bdaily because I believe they truly care about people — not only business owners, not only freelancers, but anyone really who wants to get better in 2019. They made me feel like part of the b2bdaily family instantly — I was immediately welcomed, encouraged to submit my work, given feedback, told to keep going, and the overall experience was amazing. They gave me all the tools, training, and support that helped put together my first ever book project called "50 Ways to Make $1k Per Month Online" which should be released this fall (yay!). I would absolutely recommend them to anybody wanting quality content writing help. Read their testimonials & check out my interview post with Katelyn O'Toole. :) https://thefreelancewriter.net/interview-with-katelynn-otoole/?fbclid=IwAR3uBJ9jfQxwYvLd6PzHlKX4GgqhCcF8ZzRmVrUWlEoWpNfG_HmO1A — Meghan Lally (@meghallary), October 16th, 2018 Great team of writers at B2BDaily. Really nice folks and fast turnaround for edits and revisions! Highly recommended!!!👌🏼❤️https://www.themoneycoach.ca/testimonial/great-team-of-writers-at-b2dbdaily---meghan-lally-october-16-2018/ — Meghan Lally (@meghallry), August 12th, 2017 Megan worked closely with me to develop my website copywriting skills throughout a multi phase campaign.
How to find Your New Altona Home or Condo
In this era of rapid urbanization, many people find themselves wanting to live closer to the city center than they did during past decades. For those who wish to be close to work but far enough away that the commute isn't overwhelming, the idea of buying real estate in a newer development has become increasingly attractive. But where exactly should you invest? And why does investing in older communities offer better returns? Here are some answers to these questions. Why buy in a community like Altona? Altona is located approximately 20 minutes north of Winnipeg and offers excellent amenities, including schools, shopping, parks, recreation centers, and other community services. There is plenty of employment opportunities available in the area, which makes living here convenient for most residents. But Altona is in fact just getting started. As a part of the larger Greater Toronto Area, this region continues to see explosive growth due to high rates of immigration and population density. According to recent statistics compiled by Statistics Canada, the median age of the region increased by almost 10 years in 2016 compared to 2011. This shift towards older populations means that demand for housing will continue to rise, making this a great place to purchase property. What makes Altona an ideal location to buy new homes? For first time buyers and investors alike, the key advantage of choosing Altona lies in affordability; prices remain relatively low. In addition, the community boasts a strong sense of pride and history. Many families have lived here for generations or longer and the local government maintains active programs to promote community involvement and events. Altona is also a desirable choice because it's close to both downtown Winnipeg and smaller centres such as Steinbach, Winkler, Morden, and Stonewall. How to get started on buying new construction properties in Altona If you'd like to learn more about the current state of real estate in Altona, check out the latest stats below: Average Price of Condos Sold: $280,000 Median Listing Price: $279,900 Days On Market: 45 days Listings per 1,000 Sqft: 2 listings / sqm Active Listings: 989 units Average Days Supply: 8.4 weeks (0 supply = balanced market ) Number Of Unsold Units <1%: 0%Units sold <5 Years Ago: 3/10 units (30%)Sold >2 Year Prior: 5/6 units (83.3%)Sales Per Unit >$400k: 4/9 units (44%)Sold At Highest Sale Price Last 7yrs: 2/3 condos(66.7%) [IMAGE: Google map showing location of Altona in relation to other nearby communities in Manitoba ] Why Invest Overseas? While the above info shows us how good things are going for Altona today, there are still several advantages to buying overseas, especially given the recent drop in Canadian dollar value against foreign currencies. First, the price of new construction properties are generally lower abroad. Second, you can expect to pay less tax on foreign investments, while having greater control over capital gains. Finally, there's no limit to the amount of...
Why is Manitoba's Real Estate Market Booming?
Altona has some great options available, both inside and outside town. Here's a summary of each area for those interested: 1. West Side - this part of town tends to be less expensive but lacks in amenities. There is a large grocery store on the east side of Riverdale Rd near the train station which sells everything including food & beverage products. Other shopping locations include Stirling Centre Mall (located next door), Walmart Supercente located across the street from Costco at Highway #3, Giant Tiger and many other local shops on Main Street just west of Riverdale Road and along Old Portage Road. All these places sell groceries plus clothing, shoes, household items, furniture, electronics, books, toys/games, sporting goods, etc.. For eating options in this area try The Village Café on Old Portage Rd, or head south towards Plessis Corniche and visit some of the restaurants listed below. 2. East Side - this section offers lots of choices and includes most areas around downtown. Most of them offer similar services like Westside, although prices tend to be higher. Some notable ones worth checking out are the Royal Canadian Legions Hall (which houses numerous community events), the Art Gallery of Greater Altona, the Museum of Contemporary Art, and the many bars and pubs on Main Street. Shopping centers include Riverside Plaza mall and the adjacent Walmart supercenter. 3. Northside - this area provides good housing options, mostly single family homes. These properties generally range from $150k-$350k depending whether they're detached, semi-detached or multi-unit buildings. 4. Southside - this area offers affordable living with plenty of new condos going under contract starting in May 2020 priced from $100k upwards of $250k+. There is no shortage of retail space. A popular choice of buyers, they have the added benefit of being built closer to Downtown than the newer developments. If buying a resale property, expect a lower price tag and longer sales cycle due to lack of stock. 5. Industrial / Commercial Properties - these types of investments provide steady income without needing constant maintenance or upkeep. They do however come with risks associated with zoning restrictions and high land costs. Contact me for details. 6. Land Values - these can vary significantly. I use the online site zillow.ca to get estimates of current values. Check with my office if you'd like assistance finding out exactly where in Altona you should put down roots. I'm happy to help and will happily send you a copy of my report once we've established contact via LinkedIn. 7. Rental Property Inventory - check out www.rentalhomesnowmanchester.org for information on renting. 8. Real Estate Agents - for selling or buying real estate, check out https://www.realestateagentsmab.com/, http://www.jamesmurphygroup.ca/, http://www.gordonbrownrealestateagent.ca/ 9. Local News - if you're interested in keeping abreast with news stories related to Altona and surrounding municipalities and communities, then check out www.thestarphoenixnewsroom.com. We...
New Construction Investment Opportunities in Altona Manitoba
In today’s market conditions with many buyers/investors competing against each other, buying real estate property requires high amounts of research and knowledge regarding the current local housing trends and current market prices. Buying properties involves multiple steps which includes (but is certainly not complete): finding potential homes; narrowing down selection criteria; negotiating purchase price and terms; selecting financing options including loans, mortgages, equity lines, HELOCS / mortgage bridge loans / credit line upgrades / cash purchases; choosing building materials and finishes; selecting furnishings and décor items; hiring contractors; arranging inspection visits prior to closing settlement dates; managing inspections for buyers who wish to receive builder warranty covers & repairs coverage; paying taxes; dealing with bank requirements for title insurance issuance; finalising contract details including signing legal contracts, discharging liens and performing due diligence investigations prior to submitting applications to lenders; receiving government grants for renovation projects; preparing financial statements to present to investors and funding sources; maintaining updated property information via MLS listings; advertising properties and selling them to prospective buyer clients while maintaining the confidentiality of all client transactions/information provided. A lot of work and planning ahead especially for first-time investors and it would definitely take months or longer than anticipated to achieve these targets. All this effort takes time, energy and patience but ultimately pays back well once completed projects sell. Many people fail because they don’t consider enough aspects involved during pre-approvals or negotiations phase such as getting proper assistance from experienced professionals like lawyers, accountants, loan officers, inspectors, appraisers and real estate agents to get ready for investing in property development. For the purpose of your search, XONDO will only focus on providing basic information about the real estate investments market and the recent sales statistics related to Altona area, MB. However, be advised you should always consult with experienced experts before starting on any real estate project due to the risks associated with property ownership, financing, renovations and maintenance. 1. Residential Property Sale Statistics Related to Altona Area,MB: Total Number of Sales: 1069 units sold in 2019 | Total Price Earned = $34,858,897 USD Average Selling Price per Unit: $179,700 USD Average Net Sold Proceeds per Unit: $77,079 USD 2. Commercial Real Estate Development Project Statistics Related to Altona Area,MBSales Completed: 12 Projects Started & 14 Developments Currently Under Construction | Estimated Completion Date: Summer 2020 (Early Spring 2020 Launch), | Estimated Gross Proceeds Expected to Reach Around $11 Million CAD (10 million USD). 3. Public Transit Transport System Information Related to Altona Area Bus Service Routes: There are four main routes running along Transcon route #19 with stops located across Altona, Stonewall, Westwood areas and Winnipeg City Centre. Major bus services include Greyhound Bus Lines, Canadian National Railway Co and TUPP Transports Inc. Taxis are available nearby but expensive when compared to downtown, city centre locations. Taxi fare rates are around C$4~5 per mile plus fuel costs depending upon distance travelled and time duration. Buses run frequently 7AM ~ 9PM daily except Monday...
Examining Real Estate Market History in Manitoba
Buying a house is a big decision, which takes several months of preparation and planning. And once you get this far, finding financing becomes even tougher. So here are some tips on getting preapproved for a mortgage loan. 1. Understand Your Finances Before you apply for anything, understand exactly where your finances stand today. If you’re short on cash, save money wherever possible, then pay down debt slowly until you reach your financial goals. 2. Don’t Get Overly Credit Cautious It goes without saying that lenders will always ask questions. However, the good news is most banks don’t use your credit score to determine whether they approve you for a loan — instead, they take your income and expenses into account. But if you find yourself hesitating to borrow, it could be because you aren’t considering applying for a personal lending product like a business line of credit. These products allow you to finance almost everything including purchases and inventory. Learn more here. Finally, check your debt-to-income ratio. A higher amount of monthly payments equals less available revenue for homeownership costs. On average, 30% should be used toward paying bills and 20% towards housing. 3. Review Credit Reports Priorities This step could seem tedious but having a complete view of your credit report is necessary. Find and fix errors prior to submitting applications. One common mistake is leaving off late payments. A missed payment won't hurt your overall credit history per se, however, it does raise red flags that could affect your borrowing power. A few things worth checking: 1.) Has credit card information changed recently; 2.) Have recent inquiries been made regarding accounts; 3.) Is the length of loan term appropriate? 4.) Does the lender appear reputable? 5.) Do you qualify financially to purchase the property type? 4. Research Lenders & Loan Programs If there are multiple lenders offering similar programs, try comparing their fees and features. The cost of each program varies depending on what you agree to include in the contract. For example, variable rate loans typically offer lower interest rates than fixed rate loans due to fluctuating market conditions. Some companies also charge additional fees for closing services (the buyer closes the deal). Other factors that vary across lenders include the deposit required during loan approval, terms applied to negative equity, prepayment penalties, appraisal requirements, title insurance coverage, and other miscellaneous charges. Learn more here. Lastly, search online reviews of the specific company. This can help you identify key areas and issues related to the service provider's ability to deliver quality and prompt customer support. 5. Complete Applications Loan brokers and private lenders usually accept electronic submissions through websites or mobile apps. They'll collect basic information regarding salary, household size/makeup, and estimated value of the home along with supporting documents and documentation requested. Once these details are submitted, expect a response within 24 hours. 6. Confirm Approval Finally, after weeks of waiting, your answer arrives via email: yes or no, you've been accepted or rejected. Remember that while lenders generally provide quick responses, it could be days before another answer reaches your mailbox. The next steps depend...
Getting approved for your New Home Purchase in Altona, Manitoba
We live in a fast paced society where everything moves at lightening speed. We can get caught up in this pace but I believe we can learn to slow down sometimes and appreciate small things because they will always be around us. There isn't anything like spending time in nature; taking walks, reading books, appreciating fine cuisine or just enjoying an afternoon sitting outside listening to birds chirping while sipping lemonade. So many times, we take these opportunities for granted and miss them once we're older. If you ask me why I love Winnipeg, my answer would definitely reflect this sentiment. Being born and raised in Winnipeg meant a lot of experiences of being close to Nature which also resulted in having wonderful childhood memories of playing hockey, fishing, camping, hiking, skiing, snowboarding, skating, sledding, swimming, running, biking, boating/fishing, exploring, hunting, and doing lots of other fun stuff outdoors. I was fortunate enough to enjoy some great outdoor adventures during my adulthood living in Toronto, Vancouver BC, Calgary AB, Saskatoon SK, Ottawa ON Canada, and finally Winnipeg MB. One thing that I noticed after coming back to Manitoba was it really reminded me of the good old days and the fact that the weather was perfect to go exploring in nature without getting cold feet or wet clothes! I'd suggest you visit some places close to the City of Winkles and see if you feel similar. They won't bite ;)! Now, onto the main attraction...the house hunt! My wife and I decided to buy a place in Altona, and with that came a huge decision making period as we had no idea whether buying a pre-built luxury condominium or building a custom dream home for ourselves in my hometown was better. After speaking extensively with multiple builders, architects, realtor's, contractors, engineers and designers, ultimately we went ahead and built something special for ourselves. [IMG]:https://i0.wp.com/xondocareeredesk.ca/wp-content/uploads/2019/03/altonasunset2.jpg?resize=800%2C800&ssl=1[/img], [IMG]:http://cdn.gettyimages.ca/giemaltiermedia/detail/GettyImages_1249592748/Altona,Manitoba--Winnipeg Sunset - Flickr-3.JPG?resize=960%2572631&w=1000&h=750&fit=max&fm=jpg#image=[SRC]][IMG]:http://www.flickr.com/photos/tourismswiss/3515332954/?size=o[/IMG][/img]. Here's just one example of what we ended up designing for ourselves....an affordable modern 3 bedroom 2 bath plus den layout unit with full basement and 1 car garage situated in "a quiet street". As per usual, the price tag was roughly $250,000 CAD but the cost was only a fraction of its value. So far so good. But then I got curious and did research online to find people discussing their experience with the city...
What makes Xondo Manitoba's Most Convenient New Condo/Home Buying Platform?
For a quick snapshot of the current market conditions around Altona, check out this interactive map created through Open Data Canada. Altona Real Estate Board Statistics as of 2019 Q3 (click image below). This information includes recent sales activity, average sale price per square foot, area median household income values, vacancy rates, total population, number of people employed, housing completions, building permits issued, building permits cancelled, building permits under construction, building permit applications declined, building permit appeals filed, building permit approvals, building permit denials, changes to zoning regulations, land transfer tax filings and tax payments made. In addition, you will find demographic statistics like mean age, sex ratio, families living together, children/children, married couples without kids, single parents, seniors and other family types. All these stats come courtesy of Canadian Census Metropolitan Area (CMA), which represents Altona. If you're interested in exploring your potential property needs further, click here to view the available houses currently listed across our website, complete with pictures, virtual tours, maps and prices. In terms of demographics and community, Altona CMA sits just 5 minutes North West of Winnipeg Metro Centre, and 10 Minutes East South East of Brandon Skyway. A little outside but close enough to get anywhere you'd want to be easily without having to deal with traffic snarl ups thanks to proximity to Transcanada Highway 1 & Yellowhead Hwy 7. In short, it's convenient enough yet remote enough to feel comfortable making long distance commutes every day without being bogged down by city noise and stress. Now take another glance at those beautiful photos above showing some lovely homes currently listed in Altona, and imagine yourself walking through them, enjoying nature while getting exercise along the way. What could possibly go better than that? Right? Well I'll tell you... Nothing! I've already told you why you should consider moving back north; well now I'm telling you why you shouldn't let anything stand in your way of doing just that! And no matter whether you're planning to move soon or not, let Xondo help you make your dream purchase a reality sooner rather than later. So, What Makes Xondo So Special When Compared to Other Online Tools? Easy Steps to Buy Your First House or Condo in Alberta with Xondo Step #1: Searching for Homes in Different Areas Around Greater Toronto Region. To explore different neighbourhoods, cities, townships, postal codes and regions all in search of your perfect house(s)/home(s)-to-be, simply type in whatever criteria interests you most during your search period. We provide you with comprehensive options to narrow down your searches for properties including; Price Range, Number Of Bedrooms, Square Footage, Age of Property, Year Built, Lot Size, Property Type, Building Code Compliance and many more options. Click Here to Explore Listings By Postcode Alternatively, Click Here to Browse Our Available Properties by City Step#2: Selecting From Multiple Options of Houses/Homes Within Reachable Distance Next step would involve selecting from multiple choices regarding preferred location and lifestyle preferences (i.e. size,...
How Xondo makes Home Buying & New Construction Investing in Altona Easy?
When buying a house is as easy as booking flights to a foreign land, why would anyone go through the hassle of finding property online? Well, because it makes life easier. Xondono simplifies this entire experience by helping buyers find homes they love without having to search every single listing available on MLS® or Zolo®, while saving them countless hours spent browsing the web, and wasting precious gas driving around town. [IMAGE: Screenshot of Home Search Interface] How Does Xondono Make Finding Properties So Simple For Investors? Investors use Xondono just like regular homeowners and real estate agents. They browse properties, save favourite listings and save searches. When they're ready to buy, they simply click 'buy' which will take them straight to XONDONO's secure checkout page. Once logged in they choose a payment method then complete the transaction. All in under 5 minutes. If it sounds complicated, well it isn't. We made everything super intuitive and straightforward so you'll be able to invest with ease. What Is XONDONO And Why Do I Need A Mobile App? We believe investing should be quick, convenient and accessible wherever you happen to be. Our mobile apps help investors access their accounts anywhere, anytime on the go. Whether it's at work, on vacation, commuting or running errands, our apps allow you to view account balances, transactions history, and receive alerts whenever something happens with your investments. If you want to get started today, download our iOS and Android Apps from iTunes or Google Play respectively. [IMAGE: Screenshot of XONDONO Login Page] Why Should I Use XONDONO Over Other Websites Like Trulioo? Trulioo was built from the ground up for people who buy and sell houses. They offer great tools, but their focus on selling homes makes it less ideal for those interested in investing. If you'd rather spend more time searching for great deals than worrying about whether to accept a bid or not, Xondono's unique focus on investing gives you access to thousands of real estate opportunities across Canada and beyond. Web Site: mikeandmollydesigns.co Blog Title: How to Start Your Own Online Business | Free eBook: Step By Step Instructions Blog Description: Learn step by step instructions on starting an online business from scratch. Includes FREE ebook that walks you through the entire process. Feature Image: No Section Title: How to Start An Online Business From Beginner Step #1 | Step 1: Select a Niche Blog Content: [CONTENT START] In order to start an effective online business, first decide your niche. There is nothing worse than jumping headlong into entrepreneurship without knowing exactly what product or service you want to provide. Before making a decision, consider these things: Do you already have experience doing what you want to market? If yes — awesome! But, what skills do you currently possess that could be leveraged towards building a business in the space you select? Do you have the desire to become a fulltime entrepreneur? Or do you see yourself being a freelancer or consultant in the...
How To Make Money On a New Home or Condo Purchases in Altona, Manitoba
This XONDO guide will help investors purchase a great property without going bankrupt. We will cover everything from mortgage payment options to home improvement tips and tricks along with our personal experiences buying homes while living outside Halifax. So let's get started; these 20 tips should be enough to help anyone buy a house in Altona: 1) Location, location, LOCATION!!! Your first priority should always be finding a good spot for your newly bought residence; this ensures less hassle down the line. 2) Use tools like zolo.ca and localvibe.ca to help find the perfect place. 3) Don't go overboard with renovations, unless you really LOVE doing them but don't worry about it. A little bit of work goes a long way for us, and saves tons of money. 4) Go ahead and get a bigger truck because driving smaller cars sucks with kids around. 5) Don't skimp on insurance just yet; pay up front and save cash for other things when building equity in your home. 6) Set up auto payments instead of monthly minimums for mortgages, and use online banking whenever possible to avoid overdraft fees. 7) If you're planning to move back to Canada after some years away, consider waiting until the economy picks back up again. 8) Avoid signing contracts early on, and read through all relevant paperwork carefully. Read every TINY letter. 9) Do NOT assume you'll lose interest rates on refinancing loans once they've climbed. They tend to fluctuate often... especially during downturn periods. 10) When in doubt, check ZERO balance credit cards monthly online and apply for debt consolidation ASAP. This could prevent serious financial problems. 11) Check your bank accounts regularly for suspicious activity. There have been cases of large deposits being associated with fraudulent transactions. 12) Take advantage of pre-foreclosure sales: These are properties which have already received default notices and are scheduled for auction sale soon. They usually sell fast, sometimes almost instantaneously. Make sure you bid high on anything you see. 13) Buy a home with a yard space, a big garage, and lots of curb appeal. 14) Build your emergency fund BEFORE applying for financing, for fear that lenders won't approve you anymore. Start saving up $2000/month and invest wisely, and in no time you'll feel rich. 15) Have patience when searching for your ideal property. We found ours when it was still available in April 2016. Keep searching every day till then, even weekends! :) 16) Consider renting a condo / apt. While buying real estate takes longer than a lease arrangement, it pays well (especially considering rental market right now). Renting gives you more flexibility, and helps lower the overall cost for ownership. 17) Hire a professional property inspector who knows the neighbourhood & the area inside and out. Be wary of people selling houses quickly just because theirs' the cheapest on the block. Inspections & appraisals vary according to location and condition and aren't cheap either! 18) Always keep an eye on the housing prices in the same city/area, but stay alert to changes elsewhere! Sometimes, you...