Buyer's remorse is an emotional response that many home buyers experience during the course of a real estate transaction. The response can take various forms such as feelings of regret, fear, depression or anxiety. Many doubtful questions may arise: Did I buy the right house? What if I lose my job? What if home prices drop? Did I overpay? Is this really the neighbourhood I want to live in? Can I really afford the mortgage payments?

There are hundreds of questions that will run through your mind during the period leading up to closing: the day you actually become owner of the home. Most of the questions will be simple ones that are easily answered, but sometimes doubts creep in, making you uncertain if you want to proceed with the

When buying a home it is easy to fall in love with a home's appearance, but it is very important to look beyond the window dressing. By playing detective yourself, you can carefully inspect each house you view and eliminate those with too many defects.
 
Here are some things to consider when looking at a home:
 
1. First impression
First appearances do count. Is the home dirty and cluttered? Are the lawns uncut? Are the walls chipped and in need of paint? If the owner hasn't bothered to keep the house looking clean and attractive, what problems are lurking below the surface?
 
2. Kitchens and bathrooms
Kitchens and bathrooms are the most expensive rooms in the house to renovate so pay close attention to the age and quality of cupboards, benches, plumbing

Finding the right home may seem like the hard part of a real estate transaction, but in reality, getting the best financing can be much harder. This is partially because we have so many options nowadays for mortgage loans and so many places to find them. A mortgage broker or your local bank can provide your options clearly. They will be armed with what you want in terms of loan term, ideal rate, targeted monthly payments and other items that you may not have considered. If you're smart, you will talk to them before you decide on purchasing your home so you really know your price range.

Using a mortgage broker is by far the best way to go about finding and arranging the very best mortgage to suit your specific needs. Trust in a specialist that knows

Buying your first condo can feel intimidating at first, but the process is a lot easier than you think. Your real estate agent, lawyer, and bank representatives can help guide you to buying the right condominium that suits you, so choose them wisely and don't be afraid to ask questions. Here are some tips to help you start your search and find your dream condominium.

1. Make sure you get what you want
Before you start hunting for a condominium, make a list of your priorities. Consider approximate size, number of bedrooms and bathrooms, location, price, amenities, and how soon you want to move. Check the "Condominium Buyer's Guide" from the Canada Mortgage and Housing Corporation website to help you start searching for potential condos.

2. Stay

The Canadian real estate market is always at the forefront in adopting new technologies. Recently, the Canada Real Estate Association (CREA) issued a press release highlighting its latest home buying and selling innovation—a new Mobile App.

REALTOR.ca is the most visited real estate website in Canada, listing, on average, approximately 350,000 properties at any time. The new Mobile App brings this feature-rich website to the mobile world.

CREA had announced earlier in November the release of this App for Windows mobile phones. However, that announcement was taken lightly as the “Windows Phone” operating system just arrived in Canada a few weeks before, so unfortunately almost nobody has Windows based mobile phones.

Over 95% of smart phones in

Increasing concern over rising Canadian consumer debt and in an effort to keep home buyers from being harmed when mortgage rates increase, the Canadian government has introduced new mortgage rules.

Finance Minister Jim Flaherty announced that new federal rules will reduce the maximum amortization period to 30 years from 35 years for government-backed insured mortgages with loan-to-value ratios of more than 80%.

Secondly, Ottawa will lower the maximum amount Canadians can borrow in refinancing their mortgages to 85% from 90% of the value of their homes.

Thirdly, Ottawa will withdraw government insurance backing on lines of credit secured by homes.
 
At a news conference in Ottawa, Mr. Flaherty said, "the measures will encourage Canadians to save more

Title insurance is growing in popularity in Canada. But what is it exactly? Should you get it? Do you need it? Whether title insurance is right for you is something you should discuss with your real estate agent or lawyer, as it depends on the circumstances of your transaction. This article will provide you with some background information about title insurance to help you make an informed decision.

Title to Property
Title insurance is unlike any other kind of insurance. It is not house insurance which only protects the contents of your home or its structure for which you have to pay a monthly premium. Rather it protects your ownership to the property and protects you against many factors. Unlike house insurance, you only pay a one-time premium with

Many people think if they get a mortgage equal to the amount of money they are paying in rent, that’s all they need to become a homeowner. What they don’t realize is that there are hidden costs that come with homeownership that they may not have considered. If you are looking into buying your own home, there are a few things you should consider before jumping into the game.

Move-in Costs

1. Home improvement costs
One of the great things about being a homeowner is the opportunity to put your personal stamp on a house. However, it is easy to go overboard with home improvements.

2. Furnishings costs
Since your new home is likely to be larger than your apartment, you will probably need more furniture. You might also want window treatments, lighting