Buy and Sell Saskatoon Real Estate

From the Realtor.ca Living Room Blog:

Buying a home isn’t necessarily something that you can do on a whim—there are months of preparation involved when transitioning from renting to homeownership.

With so many moving parts in play, from loan approvals to placing purchase offers, navigating home buying for the first time can be an overwhelming task. In the age of the coronavirus pandemic, when some real estate processes have changed, buying a home can seem especially daunting. 

Luckily, we’ve developed this handy 12-month calendar for first-time homebuyers that will help to keep you on the straight and narrow when making your home purchase. From the beginning of the process, down to the final months and weeks, we’ll guide you through what you need to do and when. 

12 months out

One year from the time you hope to buy, it’s important to determine how much house you can afford and how much you might need to save in advance.

An online affordability calculator is a great way to get started. Simply plug in your household income, loan payments and living costs, and you’ll get a breakdown of how much mortgage you could possibly take on, plus how big of a downpayment you’ll need. Based on this information, plan for your downpayment and moving expenses, whether it be devising a savings strategy or rejigging your monthly budget. 

Don’t forget to check your credit score as well—mortgage lenders will be looking at this when you apply for a loan. Be mindful lenders will need to see a healthy score within a specific range in order for you to get approved. If you’re not sure how to improve your credit score, make an appointment with a financial advisor. 

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Nine months out

At this point in your home buying journey, envision what your ideal first home looks like. 

Jot down a list of your wants versus your needs. For instance, you want a property with an inground pool in the backyard, but you need a home that has at least three bedrooms and is less than a 45-minute commute to work. Research what neighbourhoods you’d like to live in, and note their characteristics like community amenities, municipal taxes and conveniences. You could even spend some time dropping into virtual or live streamed open houses to get a feel for the homes in the area. If you can’t make it to the neighbourhoods themselves, the map feature will give you a closer look and Google Street View is always a handy tool.

Start budgeting for miscellaneous home buying expenses during this time. Remember, you’ll need to set aside money to cover legal fees, movers, home inspections and other buying-related costs. Begin to contribute to a savings account specifically for home maintenance, and start getting used to contributing to it every month.

Six months out

At the six-month mark, it’s time to start gathering your loan paperwork. 

Lenders will need information on your income, debts and credit history. In advance of getting your mortgage pre-approval, you’ll need to collect your personal tax returns from the last three years, your most recent pay stubs, bank and credit card statements, loan information and your addresses for the past five to seven years. 

Take some time to research mortgage lenders, and start searching for a REALTOR® to help guide you through the next stages of your home buying journey. From negotiating your offer, to providing you with listings that meet all of your ‘must-haves,’ REALTORS® are a crucial source of information and support for first-time home buyers.

Three months out

Now the saving and research groundwork is done, it’s time to get the ball rolling on buying your first home.

With the help of a mortgage professional, apply for a mortgage pre-approval, which will tell you the maximum amount you’re able to borrow from your lender. It’s important to get your loan pre-approval before you start house hunting, so you’ll know exactly what property price point you should be looking at. 

Your REALTOR® will assist with setting up virtual home showings and virtual or live streamed open houses, and will also regularly send you new listings to look at. 

Two months out

If you find your ideal home after a few weeks of shopping around, get ready to place an offer to purchase. 

Following the guidance of your REALTOR®, determine what offer price you’d like to submit to the sellers, along with any conditional clauses and a closing date. Your REALTOR® will walk you through offer submission lingo and processes, and will find the best strategy for presenting and negotiating your purchase offer to the other party.

Once your offer has been accepted, you might opt to conduct a home inspection for peace of mind on any possible repairs or issues with the property. If major flaws are found, you could be in a position to renegotiate the offer price to cover the cost of repairs, or require the sellers to make fixes prior to closing. 

Final month

In the final weeks of buying a home, you’re ready to tie up any loose ends prior to the closing date. 

Triple-check your financial and lending documents are in order, and touch base with your financial institution to arrange a wire transfer or issue a cashier’s cheque for your closing. Be sure to arrange for home insurance too, and hire a professional moving company if needed. Make sure you have a lawyer to help finalize your closing. Finally, you’ll be entitled to a buyer’s visit at your new home prior to closing. Use this appointment to take measurements, inspect any repairs, and check to make sure the home is in the same condition as when you last saw it.

While the journey to becoming a homeowner can be a long one, this 12-month calendar helps to outline all of the necessary steps you need to take along the way. With this guide in hand, along with the professional advice of an experienced REALTOR®, progressing from a renter to a homeowner can be a seamless process.

Source:  https://www.realtor.ca/blog/postpage/13828/1361/a-step-by-step-guide-to-buying-your-first-home-in-a-year

What to expect when you're the buyer!

1. Get Pre-Approved

This is an important first step in the home-buying process. You don’t want to start house-hunting and fall for a home you can’t afford. I’m happy to refer you to a mortgage associate to get started. 

2. What You Want 

Now that we know your budget, let’s talk about what you want in a home. First home? Income property? Fixer upper? Location close to work? Downsizing? Space for family? The information you give helps me to personally select listings that will work for you. 

3. The Fun Part

Looking at houses! This should be a stress free activity for you. I’ll have already found places for you to view, booked the appointments, and will meet you there to give a tour. 

With over 10 years working in real estate, I’ve sold hundreds of properties, spent hours with home inspectors and contractors, and have personally renovated over a dozen homes myself. I’ll be pointing out the positives and also the possible issues with homes we’re viewing, to help you make the most educated decision on your purchase. Have questions about putting in a basement suite? Changing the format of the kitchen? Installing a garage? Just ask!

4. Making an Offer

When you find a home that you’re ready to purchase, we’ll work together on an offer. I’ll prepare all of the paperwork, and send it to you electronically through Authentisign. You can sign these documents right from your mobile device, so you can be anywhere at the time.

I’ll negotiate for you in your best interest, always working to get you the best deal possible. The seller may also want to negotiate and send a counter offer. Be prepared to compromise a little if you really love a home. $4,000 extra on your mortgage doesn’t actually amount to much on your monthly payment - as long as the price is within your budget in the first place.

5. Closing

The sale of a home will often have conditions (financing, an approved home inspection, etc.). You may have more paperwork to complete with the mortgage associate, and this should be completed right away. If you require a home inspection, I will schedule one for you with an approved inspector. You’ll also be required to purchase home insurance for the property as soon as the sale is final (the conditions have been removed and your “to do list” completed).  At that time, you’ll need to finalize paperwork through a real estate lawyer. I can refer you to a lawyer my clients frequently work with if you don’t have one already. If you have any questions, don’t hesitate to ask! As a Realtor, I’m with you every step of the way in your home buying journey. 

6. Check out the Home Buyer’s Road Map!

https://www.realtor.ca/resource/homebuyers_road_map.pdf

For more information, click on the link from the Realtor.ca website. 

Tidy up the garage, clean the patio furniture or finally get around to that DIY project…we all have a list of projects around the house that seems to grow faster than you can finish it.

Now that you might be spending more time around the house, why not use this as an opportunity to start a new project or get around to a few of those chores you’ve been putting off? To help you get started, we’re sharing a list of around-the-house tasks for a quiet or rainy day. 

1. Tidy the garage

The ultimate “I’ll do it one day” project: cleaning out the garage. Start this project on a dry day so you can pull everything out onto the driveway or the lawn. Set aside what you want to get rid of and organize it into three piles: toss, donate and sell. Group what’s left by category (for example, sporting goods, tools, luggage, paint or kid’s items). 

Once the garage is empty, use kitty litter, sawdust or cornmeal to soak up any grease or oil. Sweep it up and then use dish detergent, water and a scrub brush to clean any stains. When repacking the garage, put less-used items on harder to reach shelves or in labelled storage containers, while keeping frequently used items in sight and easy to access. 

2. Soundproof a room

If your house is currently functioning as a home office, classroom and doggy daycare, you’re probably finding out exactly how soundproof each room is. Fortunately, there are some easy ways you can minimize sound travelling between rooms without making permanent changes. Hanging drapes, adding rugs and carpets, setting up a bookcase or investing in new doors are some solutions. Get more tips in our post about six easy ways you can soundproof a room.

3. Boost the Wi-Fi signal in your home

Whether it’s the basement, backyard or corner bedroom, there’s likely a space in your home where the Wi-Fi doesn’t work properly. To improve your online experience around the home, try putting a password on your network, using a router with four or more antennas or getting a signalbooster. To find out more about what might be causing your wireless woes and how to fix them, read our comprehensive guide to choosing the right Wi-Fi for your home.

4. Clean your patio furniture

Whether you store your patio furniture inside, cover it up with a tarp or leave it outdoors to brave the elements, your patio furniture is probably in need of some TLC before the summer season. Use soapy water and a soft brush or sponge to clean dirt and dust off your metal, wicker or wooden patio set (to avoid scratches, be sure to not use anything abrasive). 

If your patio set has cushions with removable covers, follow the washing instructions on the tag. For cushion covers that can’t be removed, use soap and water to scrub dirt and stains and leave cushions outside to dry.

5. Reupholster a chair

You might think that reupholstery projects are best left to a professional, but with some simple instructions and basic tools, you can bring new life to a treasured piece in just a few hours. Plus, you can use up fabric you might already have around the house like an old set of curtains, denim or other scraps. 

To set yourself up for success, start simple by choosing a chair or cushion with straight lines. Next, read our guide to DIY upholstery to find out what tools you’ll need and how to get started.

6. Set up your smart home

Maybe you never got around to setting up your smart washing machine, or maybe you want to be able to turn the kettle on from your bed. Smart appliances or smart add-ons can make those everyday chores easier and safer. Read our guides to smart appliances and smart home hubs and devices, and you won’t have to worry about whether or not you turned off the oven before leaving the house again. 

7. Purge your closet

Does it fit? Do you love it? Do you wear it? If you can answer “no” for any item in your closet, it’s time for a purge. Follow our guide to Kondo-ing your clutter to find out how to clean out and reorganize your closet to keep it functional and organized. If your local clothing donation location (like Goodwill or Salvation Army) is currently closed, fold and pack away clothes in clean, tightly-sealed plastic bags so they don’t get dusty and donate items once it’s safe to do so. 

8.  Refresh your home with paint

If you’re looking for an easy DIY project with a big impact, think about painting a room, touching up the trim or adding a pop of colour by painting a door. Contact your local hardware or building store for information about curbside pickup for painting supplies, or try online paint shop Digby to get supplies delivered to your door. To help you pick the perfect colour, check out our favourite paint colours for spring or this guide to choosing a colour to increase productivity, promote calm or boost creativity levels. 

Whether you spend a few hours or a few days working on projects around the house, you’re sure to enjoy your next Netflix binge even more knowing that you’ve crossed a few items off your to-do list.

Source:  Realtor.ca/blog

https://www.realtor.ca/blog/postpage/13426/1363/8-around-the-house-projects-to-tackle

With summer officially approaching, now’s the time to start creating a blueprint for the backyard reboot of your winter-weary dreams. Make the most out of your outdoor space this summer by bringing your kitchen outdoors and growing your own cocktail ingredients.

Whether you gather around a custom-built fire pit with s’mores or sweat it out in a barrel sauna, a little work now will mean a lot of relaxation in the not distant future. 

Grow your own cocktail ingredients

Hopping on the farm-to-table bandwagon, garden-to-glass cocktails will elevate your reputation and mixology abilities. When it’s safe to host again, you’ll be well-practiced and confident in your bar menu. Whether you choose to get deeply botanical with infusions and “shrubs” or keep it simple with ready-to-pluck mint and Thai basil, cocktail gardens can be as minimal or extensive as your liquor cabinet. 

Take-out pizza: the real deal

If you want to engage in a labour of love that will return the favour, upgrade your outdoor kitchen from a generic barbecue to a showstopper pizza oven. There are several online tutorials that will satisfy all skill levels, budgets and design tastes from rustic to elaborate. For a quick and portable fix, you can order an Ooni Koda. Fueled by propane, the Koda oven reaches 500°C in minutes, and you’ll have a piping pizza pie at the ready in 60 seconds. 

S’mores headquarters

Before you create your vision board, make sure to check with your municipality’s fire regulations and permit requirements. If you live in a wooded area, be mindful fires can burn deep below the surface and ignite tree roots. A 5-inch base layer of crushed gravel is advised. Like pizza ovens, fire pits can be built using natural stone, fire pit blocks or metal fire rings. Hard rocks like granite or lava rock won’t crack under extreme heat. Building centres carry complete kits with palletized stone (pre-sorted stone of uniform size) and DIY divas can learn how to lay capstone and build custom Muskoka chairs for the entire family.

Gas and propane-fuelled fire pit tables are popular for their mess-free instant gratification (no wood! No ash! No smoky clothes to launder!) while freestanding copper fire bowls create a natural and artistic focal point. 

Need help choosing the right fire pit or location for your outdoor space? Check out Your Guide to Outdoor Fireplaces. 

Let off some steam

Outdoor saunas can be a timeless addition to a backyard space. They can be used year-round and the health benefits make them a sound wellness investment. Lady Gaga and much of Finland swear by them. The design options jump from traditional to panoramic to white cedar barrel saunas with miniature porches. However, with a little sweat equity, friends will be eager to join you once it’s safe to do so. And, even more so when your backyard reboot is complete!

Open air shower or cowboy bath?

If you don’t have a lake in your backyard to jump into after cutting the grass, how about building an outdoor shower? It can be enclosed or open-air, making the set-up even simpler. All you need is an accessible water source, weatherproof wood and sufficient drainage away from your house.

Prefer a soak? “Cowboy tubs” are traditionally galvanized livestock water troughs or stock tanks and they are a fun off-grid amenity gaining popularity on Airbnb listings. Copper tubing makes the magic happen and with a little fire-tending patience, you’ll have a one-of-a-kind hot tub to soak in. With a garden-to-glass cocktail in hand, of course!

Backyard reboots can be achieved with any budget and a little ingenuity. Remember, you’re investing in relaxation and serenity, which is priceless!Looking for more ideas on how to transform your backyard into the ultimate retreat? Check out these suggestions for me-time she sheds, and big impact upgrades for your patio, porch and balcony too.

Source: Realtor.ca/blog

 https://www.realtor.ca/blog/postpage/13310/1367/creating-a-backyard-space-that-you-won%E2%80%99t-want-to-leave

As temperatures begin to rise, there’s nothing more rewarding than packing away your winter gear and tackling spring cleaning projects. Plus, now that we’re spending more time at home than usual, it’s the perfect opportunity to check off those often forgotten items on your cleaning to-do list. 

To help you take it step-by-step, we’re sharing 12 ways to deep clean for spring with tips from cleaning expert Melissa Maker. Whether you do two or ten projects from this list, your home is sure to feel fresh and ready for spring. 

In the kitchen

1. Remove your oven racks and scrub them in the sink with soapy water. For a natural way to clean the inside of your oven, mix three-quarters of a cup of baking soda with a quarter-cup of water, spread the paste inside your oven and let it sit overnight before wiping it clean.
2. Clear out your refrigerator, dispose of the expired items and wipe down all the interior surfaces with your favourite cleaning solution. Remove and soak any shelves with stubborn spills.
3. Check the filter at the back of your dishwasher, pop it out and clean it in the sink (check the manual if you can’t find it). Next, put approximately two cups of vinegar in a container on the top rack and run the dishwasher on the hottest setting to make it shine.
4. Tidy and organize the area underneath your sink. “It’s a very forgotten area and a really easy task!” says Maker. “Remove everything, and select only the things that are important to put back. While the area is still empty, wipe out the bottom of the cabinet and place a shelf liner on the bottom. This prevents the base of the cabinet from being damaged.”

Source:  Realtor.ca

Financial Post

March 5, 2020

Purchasing a property with the intention to turn it into an Airbnb can be risky. It's important to do your research and ask the right questions before you invest.

This article was created by StackCommerce in partnership with Content Works, Postmedia’s commercial content division. While Postmedia may collect a commission on sales through the links on this page, we are not being paid by the brands mentioned.

The rise of Airbnb may have you thinking about potential investment opportunities in the vacation rental market. Airbnb has made the idea of buying a property solely to turn it into short-term housing an interesting proposition. However, that strategy is not without risk. When it comes to Airbnb ownership, there are a handful of important questions you should ask yourself:

WHAT KIND OF INVESTOR DO YOU WANT TO BE?

There are plenty of ways to run a rental property, and they all have their own strengths and weaknesses. Do you want to be an active investor who spends a great deal of time maintaining the property to get those glowing user reviews? Or is kicking back and being a passive investor more your speed? Given how reviews can make or break an Airbnb property on the platform, playing the Airbnb game is much more suited to the active investor.

CAN YOU MANAGE THE PROPERTY?

Going off the importance of reviews, being able to keep a property in tip-top shape is vital for getting users to recommend your property and help it stand out on the platform. Can you keep the space clean and stocked with essentials like toiletries and linens? Can you delight your guests with fun recommendations or a tasty meal on the house? If not, it might be worth hiring a property manager to make sure your space wows your guests, though that will definitely cut into your bottom line.

Source:  Financial Post https://business.financialpost.com/personal-finance/taxes/what-you-should-consider-before-purchasing-a-rental-or-airbnb-property

Investing in real estate can seem scary at first. After all, a house is likely the biggest purchase you’ll ever make. So if you’re nervous don’t worry, because you’re not alone.

In my opinion, the best way to handle these first-time jitters is by starting small. If you’re scared of investing in real estate because you don’t want to lose everything I have a really simple solution: don’t risk everything.

I hear stories all the time of people who have put everything on the line by quitting their jobs and investing in major house flips. This is a terrible idea! Being successful in real estate, and any business, really, isn’t about making giant leaps. It’s not about getting rich quickly. Truly successful people are deliberate, decisive and strategic. They’re cautious and they look for warning signs. They take small but significant steps. And they take them continuously.

Dipping your toe in the real estate pool by renting out your basement to a friend, or investing in a rental property with a few partners, is a great way to test the waters and start to learn the business of real estate investing without taking on a ton of risk. And not just that.  Taking on partners on projects can minimize your risk, but it can also provide you with a support team to share in the successes and failures while you’re learning. As far as I’m concerned, it’s a win-win.

If that’s still too much, an even smaller step is to rent out your home while you’re away. Sites like Airbnb have made it easier than ever to make money from your home, and their review system helps to minimize some of the risks by giving you confidence about who you’re renting to. This is a particularly great option for people who live in popular tourist areas. When you live in a high-demand area – a city centre for example – you can always find people to rent your home when you’re away on vacation or business. And ultimately you can decide not to rent to someone if their profile doesn’t give you 100% confidence. 

Remember, you don’t have to make a huge commitment to get started as a real estate investor. There are more options now than ever before, so start small and then take bigger steps once you have more experience.

Source: Scott Mcgillivray

https://scottmcgillivray.com/afraid-to-invest-in-real-estate-start-small/

And this good advice doesn’t cost you a nickel, says Saanich mortgage broker

Is it time for your mortgage checkup?

After signing a mortgage document, many homeowners forget about it until five years later, when they receive a call or letter saying it is coming due for renewal. But your mortgage needs regular attention, says Brenda Joynson, a Mortgage Consultant with Mortgage Depot in Saanich.

“If you experienced changes in your physical health, you would go see your doctor. With changes in the mortgage world, including the Stress Test, your mortgage broker or banker can find new ways to improve your financial health,” she says.

Here’s five good questions to ask your mortgage professional:

1. Do the Stress Test rules apply to me? This test was designed to ensure borrowers would be able to pay the loan if interest rates rose. But did you know the rules do not apply to mortgage renewals, as long as they are with the borrower’s existing lender? You may even be able to move your existing mortgage to a new lender to take advantage of better rates, without having to apply the stress test.
2. Does refinancing make financial sense to access my equity for other things? Even with mortgage payout penalties, your savings could be significant. That could help you increase cash flow by eliminating credit card balances or lines of credit. This would allow you to increase your mortgage payment and pay it off faster to save interest. Perhaps your properties need maintenance, or you’re considering a renovation to enhance its value and/or rentability? Leveraging your equity can also play an important role in successful investing.
3. Is there room for improvement in my mortgage structure? If you own more than one property or want to pursue tax-deductible investments, changing your mortgage structure can save you money at tax time. For example, many multi-level mortgage products allow you to separate non-deductible mortgage payments from your deductible mortgage interest.
4. When should I lock in my variable-rate mortgage? Current fixed rates are often lower, so if you plan to keep the property, it’s worth having your professional do a comparison between fixed rates and your current variable rate. A key consideration are the penalties charged for breaking the mortgage contract early.
5. How can I pay my mortgage off faster? Mortgage payments determine amortization length: the higher the payment, the lower the amortization; the lower the payment, the longer it takes to pay the mortgage off. One strategy worth looking at is extending amortization on revenue properties and reducing it on your residential mortgage.

If you have other mortgage questions, an annual mortgage check up might be just what the doctor ordered, Joynson says. Best of all, it doesn’t cost you anything!

Source: Saanich News https://www.saanichnews.com/marketplace/5-questions-that-could-save-you-thousands-on-your-next-mortgage/

Buying a house can be an exciting, but complex process. So when you embark on your journey, one of your first stops should be familiarizing yourself with the lingo.

We've curated helpful information from our Homebuyers' Road Map and Tips for Buyers, to share with you some of the most important terminology a new buyer needs to know—from pre-purchase to post-purchase.

Before you buy

First things first, you need to find yourself a REALTOR®. A REALTOR® can bring you peace of mind thanks to their experience and professionalism. From helping you find a home that meets your needs and price range, to negotiating your purchase price, directing you through complex contracts, a REALTOR® is an important part of your home buying journey. 

While it's exciting to start visiting open houses, you must first determine how much a mortgage lender is willing to let you borrow to purchase your first home. Your mortgage is a loan that can help you cover the cost of buying a home. How much you're able to borrow will depend on factors including your total current debt, monthly household income, how long you’ve been at your current job and how long it will take you to pay it back: Introducing the amortization period. A longer amortization period means lower monthly payments but higher interest rates. 

Mortgage lenders use Principle, Interest, Taxes and Heating (PITH) as a tool to ensure mortgage affordability by determining the monthly payments that can be made by the home buyer. The REALTOR.ca mortgage affordability calculators can help you perform your own PITH test to estimate affordable mortgage payments.

When taking out a mortgage, home buyers grant the bank a lien on the property. This gives the bank the right to seize your property in the event you don't repay your mortgage.

Types of mortgages: 

• Fixed-rate mortgage: Your interest rate is locked in for a specified period called a term. Your payments stay the same for the mortgage's term so you will not pay more even if interest rates increase over time.
• Variable rate mortgage: The rate of interest you pay may change if rates go up or down.
• Conventional mortgage: Requires a down payment of 20% or more of the property's value. You're not required to get mortgage default insurance with a conventional mortgage.
• Closed mortgage: The mortgage cannot be paid off early without paying a prepayment charge.
• Open mortgage: A mortgage that can be paid off at any time during the term, without having to pay a charge. The interest rate for an open mortgage may be higher than for a closed mortgage with the same term.

Now that you know how much you can afford, your REALTOR® can help determine what type of neighbourhood you want to live in and what type of house you want to buy.

Buying a home

You've found your dream home…now what? It's not time to pack your bags just yet. There are many expenses you must consider beyond the purchase price (the price you're willing to pay for the house). 

You need to consider how much of a down payment you can afford. This refers to the initial up-front portion you pay against your home purchase. The larger the down payment, the smaller your mortgage. Are you a first-time home buyer with a Registered Retirement Savings Plan (RRSP) account? You can now withdraw up to $35,000 without paying income tax through the Home Buyers' Plan.

Other factors you may want to consider at this stage are:

• Property taxes: This annual fee, imposed by the local government, pays for services like public education, local police and libraries. 
• Home insurance: This is a form of property insurance protecting you financially in the event of damages or losses to your home and its contents. In most cases, you can include these payments in your monthly mortgage payment. 
• Home inspection: Even if the home appears to be flawless, many home buyers arrange a home inspection as a condition of their purchase. Hiring a professional to inspect the overall condition of the home can cost a few hundred dollars, but can reveal any serious defects.

Now that you have figured out all of the costs associated with your purchase, you're ready to make an offer. An offer to purchase is a formal, legal agreement made between the buyer and seller which often contains certain conditions. This is commonly known as a conditional offer and includes factors that must be met in order for the sale to be successful such as financing terms, appliances and fixtures, inspections and the physical condition of the house. 

Generally, the seller has between 24 and 48 hours to accept, reject or counter-offer. This is known as irrevocability of the offer, the length of time the seller has to consider your offer. 

Once your offer is accepted, you will need to determine your closing costs. This includes your mortgage broker's fee, real estate commissions, moving costs, title insurance—an insurance policy protecting you against challenges related to the title of your home—and more. 

While there's a lot more lingo in the real estate dictionary, hopefully you now have a better understanding before taking plunge into one of the biggest single purchases you’ll ever make. These resources available on REALTOR.ca may also help you along your journey to homeownership:

• Tips for Buyers
• Find a Home
• Meet a REALTOR®
• Mortgage Calculators
• Homebuyers’ Road Map

Source: Realtor.ca/blog

https://www.realtor.ca/blog/postpage/11596/1362/real-estate-terms-cheat-sheet