Some may be looking to buy their first home and not know about the common requirements and initial challenges they may face. Canadian residents may need prepare themselves beforehand, learning how to best position themselves to have a seller accept their offer and move toward closing on a home. What do new potential homeowners need to know?
Understand more about common home buying processes and challenges faced by Canadian buyers today.
Your Credit Score and the Canadian Home Mortgage Process
Most buyers are not paying for a home in cash and will have to seek a home mortgage loan from a lender. It is important to know your credit score as this is a major factor in getting approved for a loan and getting better rates. One's credit score and…