Condo insurance is an important topic for many property owners in Canada. Not only does it protect your personal property, but it also provides liability coverage and coverage for additional living expenses. However, with the complexity of the insurance market, it's important to do your research before signing an insurance contract for condos. In this article, we'll provide you with 5 tips for researching condo insurance.
Know the Types of Condo Insurance
Before you start researching the best condo insurance for you, it's important to understand the different types of coverage available. Generally, there are three main types of condo insurance:
- Personal Liability Insurance: This type of insurance protects you if someone is injured on your
Buying a home is the project of a lifetime for many people. It pays to be well-prepared and well-coordinated in terms of timing. Of course, you are free to start this process whenever you want, but some times are better than others to get a home loan. In this article, learn why January and the beginning of winter months are great times to apply and qualify for a mortgage.
You know that you need a down payment for a home when you're applying for a mortgage. But did you know that a small down payment may mean you need to purchase lenders mortgage insurance (LMI)? Learn what LMI is, how it works, and who needs it.
Let's face it, the stress of selling a home and moving can weigh anyone down. But with a bit of planning and a few helpful tips, you can minimize the hassle. Or, best-case scenario, avoid it entirely.
There are many online real estate platforms where you can find properties for sale. However, these platforms aren’t enough. You must ensure you’re putting your hard-earned money into the right property.
Are you planning to move out of your current province and hoping to find the perfect home in your new town? Moving to a new home in a new place is full of excitement and fun. However, it can get stressful if you’re not prepared. There’s a lot to be done before moving, and buying a house can feel completely overwhelming.
The home selling process can be complicated, but it's especially complicated for people who already own a home. The decision to sell their home first and then buy, or buy then sell, can be a difficult one. If you're a homeowner who would like to sell one home and buy another, it's important to weigh all the factors. Knowing the advantages and disadvantages of each option can help you decide which one is right for you.
Although there are many building materials that can be used to make a home, two of the most common types of building materials are stick and masonry. These two types of homes are very different from one another. Knowing the differences between stick homes and masonry homes can help you decide which type of High River home is right for you.
Closing on a new Chestermere home is an exciting step, but the complexity of the process might take some wind out of buyer's sails if not approached properly. Between all the paperwork and negotiations, buyers will certainly feel challenged at some point, but these tips will help streamline those procedures.
Every home buyer who doesn’t pay in cash will need to use a home loan to borrow money from a bank or other lender. There are many types of mortgages that buyers can choose from, but all mortgages need payments to be made every month in order to stay on track. No homeowner ever wants to be late with their mortgage payment, but sometimes things happen that cause a payment to be late. This is what happens if a homeowner is ever late with their monthly mortgage payments and what a homeowner should do if they ever know in advance they’re going to be late.