Home Buying Archives - Edison Financial ULC

What Is A Bridge Loan?

Home Buying - 3-Minute Read

Edison Financial

Bridge loans can help finance a home before selling your current home. Learn if a bridge loan is right for you.

What Is An Assumable Mortgage?

Home Buying - 2-Minute Read

Edison Financial

Assumable mortgages are an agreement where the current owner’s outstanding mortgage is transferred to a buyer.

Mortgage Amortization Calculator

Home Buying - 3-Minute Read

Edison Financial

View your monthly payment breakdown with our mortgage amortization calculator.

When is the best time to buy a house?

Home Buying - 3-Minute Read

Edison Financial

There is no single answer to when is the best time to buy a house. However, there are a few general tips that can help you during your next home purchase.

Buying A House Without A REALTOR®: A Comprehensive Guide

Home Buying - 3-Minute Read

Edison Financial

Wondering how to buy a house without a realtor? Read our latest guide to learn more about the process and everything you need to know.

Dos and Don’ts Of Buying And Selling Your Home Privately

Home Buying - 5-Minute Read

Edison Financial

You may be considering to purchase or sell a home privately, but read our article first to learn about the dos and donts of making this transaction.

Home Builder’s Mortgage – What You Need To Know

Home Buying - 3-Minute Read

Edison Financial

When buying a new build home, it’s important to lock in your rates early. Read everything you need to know about new build homes and getting a mortgage.

How To Buy A House In Canada

Home Buying - 4-Minute Read

Edison Financial

Looking to buy a house, but don’t know where to start? Check out our latest step-by-step guide to learn everything you need to know about the process.

Top Home Renovations That Add Value After Purchasing A House

Home Buying - 3-Minute Read

Edison Financial

After buying a house, you may have a list of renovations you’d like to make. Check out our latest guide to find out which renovations add the most value to your house.

Home Buying Checklist In Canada: What To Look For

Home Buying - 5-Minute Read

Edison Financial

Buying a new home can seem intimidating, but it doesn’t have to be. Check out our latest home buying checklist for everything you need to know during the home buying journey.

Everything You Need To Know About Closing Costs: A Complete Guide

Home Buying - 4-Minute Read

Edison Financial

Closing costs are always included when purchasing a house. Read our complete guide to learn about common closing costs, what they are, and other things to consider during the home sale.

What Is The Home Buyers’ Plan In Canada?

Home Buying - 4-Minute Read

Edison Financial

The Home Buyers’ Plan (HBP) allows you to withdraw from a registered retirement savings plan to buy a home. Learn more about HBP in our latest article.

New Year, New Home? Housing Market Predictions For 2022

Home Buying - 3-Minute Read

Edison Financial

Read our latest housing predictions for 2022 and learn about how the housing market will shift compared to last year.

How Long Does A Mortgage Preapproval Last?

Home Buying - 2-Minute Read

Edison Financial

When looking for your next home, it’s important to know how long your mortgage pre approval is good for. Learn more about the process and the time frame you should work with.

The Most Popular Housing Styles In Canada

Home Buying - 3-Minute Read

Edison Financial

There are many different housing styles out there, but read our latest article to learn which housing styles are the most popular in Canada.

What Is The Average Down Payment For A House In Canada?

Home Buying - 3-Minute Read

Edison Financial

Read our latest article to learn what the average down payment for a house is by province in 2021.

Buying A Foreclosure Home In Canada: What You Need To Know

Home Buying - 3-Minute Read

Edison Financial

Read our latest article to learn more about buying a foreclosure home and what you need to know about the process.

How To Buy A House From Your Family Member

Home Buying - 3-Minute Read

Edison Financial

Read our latest guide to learn how to buy a house from your family member and the process involved.

How To Buy A House With Bad Credit In Canada

Home Buying - 3-Minute Read

Edison Financial

Looking to buy a house in Canada, but you have bad credit? Don’t worry - read our latest article for tips on getting a mortgage despite having bad credit.

Buyer’s Vs. Seller’s Market: What’s The Difference?

Home Buying - 3-Minute Read

Edison Financial

Wondering what the biggest differences are between a buyer’s and seller’s market? Read our latest guide to learn about how housing trends can affect the buying and selling market.

How To Make An Offer On A House In Canada

Home Buying - 3-Minute Read

Edison Financial

Now that you’ve found your next home, you may be wondering how to make an offer. Read our latest guide to learn how to make the offer and close the deal.

First-Time Home Buyer’s Guide: Buying Your First Home In Canada

Home Buying - 5-Minute Read

Edison Financial

Check out our latest first time home buyer’s guide to learn everything you need to know when purchasing a home in Canada.

Foreign Buyer’s Tax Rebate: What Is It And How To Apply

Home Buying - 4-Minute Read

Edison Financial

The foreign buyer’s tax rebate applies for foreign homebuyers in the Greater Toronto area. Learn more about what it is and if you qualify.

Buying A House While You Still Have Student Loan Debt

Home Buying - 5-Minute Read

Edison Financial

Buying a home is a big financial decision, especially if you’re already paying off other debt. Read our article to learn about the process of buying a house if you currently have student loans.

How Much Money Do I Need To Buy A House?

Home Buying - 5-Minute Read

Edison Financial

Buying a home is one of the biggest purchasing decisions you’ll make. Read our article to learn about how much money you actually need to buy a house.

Mortgage Default Insurance: What Is It And How It Works

Home Buying - 3-Minute Read

Edison Financial

Are you buying a home with less than a 20% down payment? You’ll need to pay for mortgage default insurance. Read our latest article to learn more.

Renting Vs. Buying A House: Which Option Makes The Most Sense In Canada?

Home Buying - 5-Minute Read

Edison Financial

Wondering what the best option is between renting vs. buying a house in Canada? Read our article to learn about which one suits your needs.

Renovate Vs. Buying A New Home: Which Is The Best Option For You?

Home Buying - 5-Minute Read

Edison Financial

Wondering if you should renovate your home instead of moving out and buying a new one? Read our latest article to learn about the pros and cons of both options.

Home Inspection Checklist: Everything You Should Verify Before Your Home Purchase

Home Buying - 5-Minute Read

Edison Financial

Before you close on your home, you will need to perform a home inspection first. Read our home inspection checklist for all the items you should consider.

How To Buy A House With No Down Payment

Home Buying - 4-Minute Read

Edison Financial

If you’re looking to buy a house, but have no down payment, there are options available. Read our latest article to learn more.

How To Get Your House Ready To Sell

Home Buying - 5-Minute Read

Edison Financial

Looking to sell your home? Here are some tips on how to stage and prepare your house before listing it in the market.

Getting A Mortgage After Bankruptcy: What You Need To Know

Home Buying - 4-Minute Read

Edison Financial

A lot of people have asked about how to get approved for a mortgage after bankruptcy. Here's everything you need to know.

What Is A Short Sale?

Home Buying - 4-Minute Read

Edison Financial

Short sales can be great deals on properties, but can be tricky to navigate. Learn more about short sales, what they are, and what you need to know before buying one.

Am I Ready To Buy A House?

Home Buying - 4-Minute Read

Edison Financial

As rental rates increase across Canada, it’s hard not to ask yourself the question, “Am I ready to buy a house?” While there are a lot of reasons to dive into homeownership, there are also reasons to avoid it if you’re not ready.

Buying A Home? Weigh The Pros And Cons!

Home Buying - 4-Minute Read

Edison Financial

If you’re still on the fence about buying a new home, we’ve put together a pros and cons list that may help make your decision a little easier.

Homeowners Insurance: Everything You Need To Know

Home Buying - 7-Minute Read

Tom Drake

So many terms get tossed around – mortgage credit protection, mortgage default insurance, home insurance – how does one make sense of it all?

Everything You Need To Know When Putting A Down Payment On A House

Home Buying - 5-Minute Read

Tom Drake

While there are a few rules surrounding down payments, you have plenty of options at your disposal. Understanding how down payments work will help you make the decision that’s best for you.

What You Need To Know About Home Appraisals

Home Buying - 6-Minute Read

Tom Drake

Whether you’re purchasing a home or refinancing your existing mortgage, it’s important to understand the role of the home appraisal and how it can impact the outcome of your mortgage application.

Home Loans And Gifts Of Equity: How It Works

Home Buying - 4-Minute Read

Tom Drake

Many Canadians may not realize is that a down payment can also come in the form of a gift of equity when a property is being purchased from a close family member.

How To Find The Right Real Estate Agent

Home Buying - 4-Minute Read

Tom Drake

In recent years, the number of real estate agents in Canada has exploded due to the prolonged increase in housing prices across much of the country, drawing thousands to an industry that many viewed as a way to get rich quick.

What To Look Out For During Your Home Inspection

Home Buying - 6-Minute Read

Tom Drake

Before the sale of your home is finalized, the home buyer will often request an inspection to identify any problems with the house. It’s important to know what the home inspector will be looking for before listing your house on the market.

What Parties Are Involved When Buying A House?

Home Buying - 5-Minute Read

Tom Drake

If you’re buying a home for the first time, you may be surprised to find out just how many parties will be involved in the transaction along the way.

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