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New Pre-Construction Homes & Condos Lantz NS

Is owning an investment property in Lantz, Nova Scotia profitable?
Lantz, NS is a small town located near Halifax and Truro in Cape Breton Regional Municipality, Nova Scotia. If you're planning to move to this community, then it's crucial that you take note of some essential information regarding buying and living in a new house/condo. We've put together some helpful tips that will help ensure you purchase the ideal property when moving to Lantz and get yourself settled comfortably. 1. Research Your Options Carefully If you decide to buy new homes, then research thoroughly and be prepared for anything. Make sure everything you read online is accurate, especially in terms of the location of properties. Also, check whether you'll have to pay taxes in addition to mortgage payments. In many cases, these expenses may increase, but they could decrease depending on the type of municipality that you live in. For example, the cost of water bills and garbage disposal fees vary significantly depending on which town you're in. 2. Consider Location When Purchasing Property Location matters a lot in determining the value and price of real estate and a well-located area usually commands higher prices than less accessible locations. This includes things like proximity to work, shops and schools, and the quality of roads and other infrastructure nearby. 3. Be Aware Of Local Rules On Building Size And Land Sizes In most towns, a minimum land size of 10 000 sq ft is required when building a new dwelling. However, some municipalities allow owners to construct smaller dwellings, provided that the land sizes are adequate enough for development. If you intend to build a larger home, then you must consider the maximum allowable land size allowed by local authorities. These rules apply regardless of the zoning classification of each plot of land. 4. Check Out Zoning Regulations & Restrictions On Construction Zoning regulations govern what kinds of buildings are permitted and prohibited in specific areas. Some communities restrict certain types of construction while others permit almost every possible structure. For example, some places only approve single family houses while others welcome multi units and apartment complexes. Some cities even forbid commercial establishments from setting up shop inside residential neighbourhoods, making this a good idea to keep in mind during your search for a suitable place to settle down. 5. Find An Agent Who Specialises In Real Estate Sales An agent who specializes in selling real estates and is familiar with the local market conditions is highly recommended, since his expertise helps buyers find properties that suit them better. He should be able to explain the differences between different types of properties, their benefits and drawbacks, and provide useful suggestions to prospective clients. 6. Don't Forget About Taxes Taxes vary greatly across Canada, and it pays dividends to understand the tax rate applicable to your region before finalising the deal. You should also factor in the costs associated with municipal services, utilities and other infrastructure that may affect your monthly payment. 7. Keep Yourself Updated On Current Prices In The Area Real Estate markets tend to fluctuate quite considerably from season to season, and knowing current values can save you thousands of dollars or hundreds of thousands of dollars in case of a big sale. You can easily track the latest real estate trends through various websites, including those run by local news organizations and government...
New Home Lantz Buying 101
If you live outside Canada, this article will still be relevant but it is updated every few months and includes information on Canadian real estate markets. If you're interested in investing in real Estate in other parts of Canada then visit https://xondo.ca/investing/. In this article I'll focus on the Canadian market because it's my area of expertise. However, most advice applies equally well anywhere else in North America. When Buying A House The first step of getting started is deciding which part of town you'd like to buy, whether it is rural or suburban or inner city. Then decide how big a house you want and where in the price range you would like to be. There are many factors you should consider including location, property size, neighbourhood amenities, proximity to schools, transit routes etc... Next, find a Realtor who knows the market well (and preferably one whom you trust). They will help guide you through each phase of your search for a place and negotiate the best deal possible. Finding a Realtor isn't always straightforward though; some agents work exclusively online, while others specialize only in specific neighbourhoods. Some agents charge fees for their services, so shop around until you find someone whose approach matches yours. And remember to ask questions, especially during open houses and tours, so they can provide you with accurate answers to your needs. Finally, once you've found something you like, contact your agent immediately. He or she will arrange the pre-listing meeting and walk you through the paperwork and legalities required by law. This can save hours of hassle and stress down the road. Buying Your First Condo Condos are great because they allow you to move quickly while paying less than owning outright. But buying a condominium unit can be confusing. Here's what you need to know. First, condos come in many different varieties so it's worth finding out exactly how you will use the space you intend to purchase. For example, a studio apartment is perfect for couples who wish to spend their lives together while maintaining independence. Conversely, a 2 bedroom unit is suitable for families with children who enjoy spending quality time together. Second, there are several ways to finance your purchase. The simplest method is via a fixed mortgage. You borrow a certain amount from a bank each week for 30 years - the term length depends on your interest rate - and pay back only the principal plus interest over the entire period. Fixed mortgages often carry lower monthly payments than conventional loans because they offer lower rates of interest. However, you may want to avoid them entirely. Many people prefer variable loans because they can adjust according to changes in their finances. Variable loans can fluctuate between 5% and 18% annually depending on the lender, while fixed loans tend to hover closer to 8%. In addition, variable loans usually cost slightly higher upfront costs due to insurance policies and the risk involved, so be aware of these differences prior to making any decisions. Third, be prepared to put down 20 to 40 per cent of the purchase price. A good rule to keep in mind while shopping is "the bigger the better". You get a larger return on your initial deposit with a large down payment,...
When buying a new home in Nova Scotia follow these steps
If you’d like help finding exactly what you’re looking for in terms of location, size and price range in this great part of Canada, I suggest starting by browsing some popular real estate sites online first. One of my favourites is Trulia because they offer lots of information for each listing including recent sales activity and average prices. If you search for ‘Lantz, NS Real Estate” then you should be able to get plenty of leads. Another good place to check out is Zolo which lets you sort listings by number of beds/baths, square footage, property type or distance from work. You could narrow down your searches even further by searching only condos and homes that are under $350K. Once you find something interesting, contact all agents involved via email and phone and ask them to introduce themselves. Most Realtors in these areas will love helping potential buyers who are serious about buying. And remember, realtor.ca and reMaxonline are both fantastic sources for local realty news and info. Another thing to keep in mind as you go through the process is timing — while there tends to be a lot of listings available during the summer months, inventory typically drops significantly after Labor Day weekend. So, if you see something you really want to buy but won’t be ready until September you might want to consider waiting till next spring. ...
How to find Your New Lantz Home or Condo
In recent years the real estate market in Ontario has seen record breaking price growth in many areas. This boom was fueled primarily by strong demand driven largely by immigration and foreign buyers but was also supported by high interest rates which led to higher mortgage payments. Many people who were previously unable to afford housing began taking advantage of this trend by investing in property. However as interest rates started falling towards the end of 2017 this boom came crashing down leaving many people wondering why prices had risen so dramatically. What caused these dramatic increases in house values over the past few years? We will take a brief look at some potential causes below. Why did house prices rise sharply from 2012 until 2016/2017? Many factors contributed to a sharp increase in house prices including strong population growth and increased demand due to immigration, rising employment levels and increasing household incomes. Population growth is the primary factor behind the rapid rise in house prices because it drives both rental income and sales activity. A larger supply of homes leads to greater competition and lower rents which ultimately benefits homeowners since they can sell faster than renters. Another key driver of home prices is migration patterns. If immigrants move to a location in large numbers then local residents must either buy more expensive housing or rent less expensive housing leading to an upward pressure on local prices. Increased demand and supply of properties combined with strong economic conditions and rising wages lead to rising house prices. [IMAGES: House Price Index for Canada | Source: CREB.ca ] How does immigration affect the Canadian Housing Sector? Immigration plays a critical role in shaping the economy and the housing sector especially in Canada. Immigrants often settle near job centers and tend to purchase houses close to work locations which can cause a significant impact on housing costs. Immigrant populations are generally wealthier and better educated than other groups. These characteristics mean that immigrant families typically spend significantly more than the average family on home ownership expenses. They are also less reliant on government assistance programs which makes them less vulnerable to economic downturns. As a result, immigrants drive up the value of nearby homes which in turn pushes up overall prices in a given area. [IMAGE: Immigration Map for the Province of British Columbia, 2015] Are Canadians Buying More Houses? Household net worth (the total amount of assets owned minus liabilities) has grown rapidly across most provinces since 2008. Household net worth grew at an annual rate of 5% between 2007 and 2011 but then accelerated to 9% annually after 2011. Canadians have become increasingly indebted over the past decade as their debt load has ballooned. Debt loads are currently estimated at $1 trillion in Canada which represents approximately 35% of disposable personal income. While this is still well under historical averages it remains at elevated levels relative to GDP and population size. Debt ratios such as household gross debt service ratio and non-housing private credit outstanding are also at historically elevated levels indicating households continue to be highly leveraged. [IMAGE: Household Net Worth | Canadian National Bank Financial Group Ltd.] What Does All Of This Mean For Future Prices? If current trends persist, population growth combined with the rising affordability of homes could see the average selling price per square foot increase from around $160 today...
Why is Nova Scotia's Real Estate Market Booming?
If you’re planning to purchase a house in the next few years then it could be worthwhile investing some time researching potential locations for yourself and family members. We recommend taking the following steps when searching for homes in Canada; Researching real estate agents Searching online databases like RealtyHop Checking local MLS listings (Multiple Listings Service) Finding other properties through your agent When you find something suitable, it may pay to visit the property to ensure everything looks the way you expect. If it does, contact your agent for further details about viewing arrangements. You should also consider asking your agent whether they would prefer you buy privately or use them as your listing broker. Private sales tend to cost less than those listed on multiple websites but they also take longer because buyers must search independently of each other. Your agent will often charge a commission fee to sell your home, which varies depending on who sells your home, how long ago your property was listed and other factors. In terms of financing options available to first-time buyer home purchasers, most people prefer mortgages offered via banks, credit unions and mortgage companies, rather than private lenders. These institutions offer lower rates and easier approval processes than alternative sources of finance, so it pays to shop around. Your bank or lender will usually ask several questions to evaluate your ability to repay a loan. These include: Have I made regular payments on my current house and paid down debt obligations? Do I own another place already? Am I willing to move quickly to get a good deal? Can I afford to live comfortably without selling my existing residence? How soon am I ready to close the sale of my other home? What type of security deposit or proof of funds do I need to show? Will I qualify for a larger loan amount than I currently owe on my old house? Will I be able to pay back both loans over five years? Can I handle monthly payments of $1,500 per month? Will this loan cover the total purchase price plus closing costs including legal fees, appraisal, title insurance, moving expenses and stamp duties? Will I have enough equity after paying these costs? Will I still have enough left over? Can I meet a minimum down payment requirement? Will I need additional help, such as a co-borrower, to qualify? How large a percentage of the value of my property is financed? A higher proportion may mean a better rate and/or a smaller overall loan. Your lender may also ask you to complete paperwork to prove you understand the risks involved with buying a home, such as signing an affidavit confirming you won't claim your property against bankruptcy or divorce proceedings and agreeing to keep accurate records showing all transactions involving the property. The final thing to check before applying for a loan is the interest rate being charged. Most lenders now base their quotes on the average rate for similar borrowers, and this figure tends to fluctuate slightly from day to day. However, your lender's quote may already reflect a discount from what you'd pay on the market if you're not in a hurry to secure a deal. [IMAGE] Website...
New Construction Investment Opportunities in Lantz Nova Scotia
Embrun is located along the eastern coast of Canada near Saint John, NB, Halifax NS, Antigonish NS & Sydney NS. This small rural community offers a quiet life style while being close enough to larger cities like St John, Halifax NS, Truro Nf, Moncton NS and Charlottetown PEI for those seeking urban living. Lantz was founded back in 1793 as “Cape Lantzey” by Captain Charles de la Tour who built his first house here on Cape Lantzay. [IMAGE: Lantz Map] In 1836 William Jardine acquired 1/3rd interest of the property and renamed it ‘Jardines’ after himself. His son James inherited this land upon him passing away and named it ‘Mount Pleasant‘. He then sold half of it to Joseph Houlton and the other to George Bowers, both from England. They in turn divided Mount Pleasant among themselves and each received 100 acres. Joseph Houlton had married Mary Ann Smith, daughter of Thomas Smith, the owner of the local saw mill. Their only child was born here in 1860 which made her mother Mrs. Hulton. Her father passed away in 1862 leaving her and her sister Elizabeth Smith, age 16 years old. She took charge of the family business, sawmill until she died in 1890. At that point her husband John became sole proprietor. The sawmills operated until 1912 and the village was abandoned. By 1920 the area was owned by Mr. W.B. McNeil whose family lived nearby and he decided to purchase the whole lot for $1 million. This would eventually become known as ‘McNally Woods’ today. During World War II many military personnel settled around this part of town due to its proximity to the airport at CFB Gander and a large military base at Camp Alderson. By 1948 all these people moved away except for the few left behind. In 1949 the Canadian National Railway purchased the land. A railway station was built and opened in 1950 but closed soon thereafter. [IMAGE: Lantz Map] By 1954 CN began clearing the land for a subdivision called ‘Holland Village’. This became a popular destination spot during summer months. However, the population declined again as residents started moving further inland or leaving the region entirely. Many homes were torn down to be replaced by mobile homes in the 1980s. Some remained however. The village had a school and post office until they relocated elsewhere. The current owners bought the land in 2001 and subdivided it into lots. The village remains mostly vacant although some small houses still exist. There is no road leading to this location. Access must come via private boat. The closest public beach is located 2 miles west of McNally Woods at ‘Pleasant Pond Beach’. [IMAGE: McNally Wood Map] Our Verdict: This is an excellent place to invest in Lantz. The real estate market history shows us a great deal potential over the next decade. We expect prices will appreciate and interest rates remain steady. ...
Examining Real Estate Market History in Nova Scotia
When building a dream home, many people struggle because they don't understand the entire mortgage approval procedure and how often lenders get denied for some reason or another. So, I've created this step by step guide to help simplify the whole process. If you're interested in buying real estate around Lantz, Nova Scotia check this out... [xondo.ca/Lantz_NewHomes2019] [IMAGE: screenshot 2019] Before getting started though, please be aware most banks only work during business hours, Monday through Thursday 8AM until 5PM and Friday 8AM till 2pm. Some also extend those hours depending on the bank's policies. As well some banks will close a few days per week due to holidays. Most Banks operate under strict timelines regarding lending decisions which you should ask questions concerning these topics during preapprovals or during negotiations prior to signing papers. For example; you would first apply for financing then negotiate terms with the lender after receiving notification. I recommend doing this because there's always something unexpected happening during the closing processes which could delay things further, and delays mean added stress. Also having everything ready to go ahead of time ensures less confusion down the road once you land a sale agreement. So before starting a search, it makes sense to find out exactly who qualifies for mortgages in Lantz & whether your current financial position is acceptable for them. Below is a short breakdown of qualifying criteria for buyers in embrun... If you qualify for a Mortgage Loan, you'll receive a "Qualification Letter" via email prior to meeting with a mortgage professional. A quick overview below for reference sake... In order to qualify, you must meet certain conditions listed above: 1. Earn at least $60k net income / Gross Income is 70%+2. Your debt ratio is < 45%.3. Property value is > 85%4. Have no bankruptcies5. Be employed fulltime6. Keep good credit reports7. Have stable employment history8. Live in Canada9. Don't own other property10. Pay minimum payments towards the principal.11. Have sufficient funds available And remember "Cashflow", "Debts", & "Credit Scores" play an impact towards loans being given so make sure you keep a good record of all 3 when applying!12. And lastly but certainly not least; have fun finding your perfect house and start dreaming of a life long relationship :) Ok so enough chit chat lets jump straight in with our main topic of the day! Buying real estate in Lantz, Nova Scotia is a daunting task. If you want to learn the details of every aspect of making an offer as well as negotiating the deal properly read my FREE REPORT: [BESTSELLER REVEALED] My Step By Step Blueprint For Selling Real Estate Successfully This report includes the exact steps I took to sell my own personal duplex townhouse in Toronto back in January 2020 for almost double of initial asking price. Noticed anything? I'm guessing yes! After publishing this book the feedback was overwhelming saying I should just launch a course instead since selling real estate is obviously harder than writing a non fiction text like mine. Well that's 100% fair! Because unlike...
Getting approved for your New Home Purchase in Lantz, Nova Scotia
Lantz offers great opportunities for investors who are willing to take advantage of Canada's most affordable housing market. Located just outside Halifax International Airport and close to both IKEU University and Dalhousie University, Lantz provides residents and tourists alike with everything they could ever ask for —a vibrant community, beautiful environment, convenient shopping, recreational areas, schools, hospitals, beaches, hiking trails, fishing spots and plenty of restaurants and bars that attract people from across Eastern Canada and beyond —all without paying exorbitant prices. For instance, a small studio apartment located near downtown Lantz costs only $400 per month. Compare this cost to other communities around the world and you will realize why investing in Lantz makes sense. [IMAGES: 2 images of real estate listings in Lantz] In addition to a growing population and favorable economic conditions, Lantz houses some of Canada's finest vacation homes, which are available for rent. While these properties represent another source of income for investors and homeowners, rental values fluctuates significantly depending on location, quality of amenities and overall popularity among potential renters. If you're interested to invest or buy a home in Lantz, consider reading our comprehensive article outlining key factors associated with buying in Canada. If you're interested in renting, check out our guide describing common mistakes landlords make while managing their rentals. We've spent hundreds of hours researching various aspects related to Canadian investments, including the ones described above. So feel confident knowing that you won't run into unexpected surprises once you decide to purchase a home or condominium in Lantz. [CONTENT BODYEND] ...
What makes Xondo Nova Scotia's Most Convenient New Condo/Home Buying Platform?
Are you thinking about buying a new property soon? XONDO offers you to purchase a pre built/newly constructed homes & condominiums anywhere across Canada including; Toronto, Ottawa, Vancouver, Calgary, Edmonton and Montreal. Whether choosing a single family detached, semi attached, townhouse or apartment building, this step by step guide will help get you started on making the most informed decision possible. This comprehensive guide includes everything you'll ever need in order to buy a great house in Nova Scotia, starting with finding a good realtor or broker, getting estimates and inspections completed, understanding financing options, dealing with banks & mortgage companies, negotiating costs and conditions, selecting amenities like pools, garages, parking spaces, walk score, proximity to schools, transit, parks, shopping centers, restaurants,..., as well as many other useful tips along the way. [IMAGE: Logo][COMPANY WEBSITE]: www.xonodo.ca [WEB ADDRESS]: https://xondocarealtyagents.onlinemarketingplatforms.net/ [CALLSIGNER NAME]: [EMAIL SIGNATURE]: [REFERRAL CERTIFICATE]: [ADMINISTRATIVE/PROFESSIONALLY LICENSED REALTOR LICENSE NUMBER # / OR PROPRIETARY REALTY TRADE ASSOCIATION ID#]. We recommend having a local real estate agent work closely with you through every aspect of your transaction so please be aware that you must pay them commission regardless of whether or not they sell your home before closing. We cannot offer this service. Please check with your own Realtor if you would like us to represent you during the sale of your current residence.[END CONTENT] ...
How Xondo makes Home Buying & New Construction Investing in Lantz Easy?
XonDo’s approach to finding real estate deals is quite unique. We take the work out of searching online listings for properties. Instead of spending hours each day sifting through hundreds of homes across many different search engines, you use our proprietary software which searches millions upon millions property records. Our team scours these databases every week to find only the highest quality MLS listed properties that meet your criteria. Then we analyze those properties, provide analysis, recommendations and contact info within minutes. So instead of wasting countless days scrolling down the same old boring listing after listing, why spend another minute doing so? Why not go straight to the source and get direct access to high quality information on thousands of available houses, condos, commercial buildings and lots all in an instant! It takes just 3 clicks! We understand that buying a house isn’t always fun but sometimes people feel like they’re forced to jump through hoops to achieve anything worthwhile. At XonDo, we aim to be a fun way to buy your dream home without having it taken away because of tedious paperwork that often gets overlooked during transactions. When choosing your next home, remember that no matter what neighborhood you live in, there are certain things everyone needs to consider when making purchase decisions. Things like schools, commute times, community events, local amenities and safety should play big factors in your decision to move forward with a particular residence. So whether you are considering moving to a new city, buying a fixer upper, relocating or simply investing in land for retirement purposes, XONDO could help you save time while maximizing potential earnings. All this makes us stand apart. Now let me tell you a bit more about myself and my background. I am originally from the small town of Saint John, NB Canada, where I grew up as part of the Canadian Football League. I attended Saint Joseph High School (Saint Johns), was named top defensive back twice and received first team All American honors once. After college, I played for six seasons professionally and then made the transition into entrepreneurship. Since 2012, I've worked fulltime running various business ventures including my own coaching services company, The Coaching Exchange, and XONDO Real Estate, an internet marketplace connecting buyers to agents who specialize in selling new-build properties around North America. My main focus is helping clients and prospects navigate the complex housing market. For example; if you're interested in buying a preowned condo/townhome within our coverage area, chances are most sellers won't sell their unit until spring or summer months due to school schedules and busy weekends. But you can still contact them during winter months and negotiate a price reduction. Or if you're thinking about building a newer home with a lot of options including custom finishes and upgrades, you might be able to lock in the best rates possible, especially since prices will remain relatively stable during the fall season. In either case, XONDO provides unparalleled access to an endless amount of data on homes and neighborhoods. If you decide to invest in real estate in the Greater Vancouver Area, XONDO helps connect prospective homeowners with trusted professionals. By signing up for XONDO's services, you'll discover a whole range of homebuyer benefits, starting with...
How To Make Money On a New Home or Condo Purchases in Lantz, Nova Scotia
Buying real estate is always exciting — no matter which type of property you buy; whether it be single family homes, condos, townhomes, multi-family units, commercial properties, rental apartment buildings, vacation rentals, foreclosures, short sales, manufactured housing, land parcels/farmland or other types of real estate including raw acreage land. There really isn’t anything better than buying something and then making some passive income immediately upon completion. However, this dream rarely turns out well because there are certain things buyers should consider during their search for new real estate purchases, even though those items tend to get overlooked. They include: Where Do I Want My Family To Live When Our Kids Go Away For College/Work How Much Does my Mortgage Loan Actually Cost me per Month What Will Be The Value Of My Property Once Financed? Will Selling Real Estate Take Longer Than Expected Because I Am A First Time Buyer & Have Very Little Experience Buying Foreclosed Homes & Not Yet Fully Prepared To Sell Real Estate? Which Area Should I Focus On As Soon As Possible After Buying So That We Can Find Some Potential Neighbours Who Would Like Me To Invite Over Who Is Going To Be The Person Making All The Decisions During Construction Of My New House Or Condominium And Whom Should I Turn Around To Talk About These Things? These questions will help you decide on the most suitable area of Lantz to purchase, since everything else flows from these decisions. Here’s another question: “Why Are You Even Thinking About Investing In Residential Property If Your Income Stops Paying Bills In 3 Days?” I hope this helps you understand why investing in residential real estate makes sense, even if you live paycheck to payday. But here again, these are just suggestions to consider. For example, you could invest in a condominium building for rent instead of a house if you feel like you won’t be able to afford paying for both mortgage loan payments AND rent every month, but only if you find a good deal, otherwise it would cost you way above what you initially expect. Also keep in mind the fact that some people who sell their first homes quickly realize they made huge mistakes, so be careful to avoid them. [IMAGE: Image of XON DO Logo] My Recommendation: Don’t rush into getting involved in real estate without proper research being conducted beforehand. Get ready, because buying a house or a condo requires you to spend lots of hours in front of computer screens researching different aspects and locations online, offline etc., in order to discover which ones fit the bill for you. Also, once you identify potential areas and neighbourhoods, you can visit them and find out for yourself which places seem interesting enough in person. Websites: facebook.com twitter.com instagram.com youtube.com reddit.com Linkedin.com Facebook Twitter Reddit Instagram LinkedIn Youtube Google Plus Pinterest LinkedIn YouTube Google+ Tumblr Snapchat YouTube Vimeo Twitter Reddit Pinterest Tumblr Google Plus Pinterest Facebook Twitter Facebook Instagram Facebook YouTube Facebook Youtube Twitter Facebook Instagrampagesocialmediaplatformfacebooktwitteryoutubegoogle...