Mindblown: a blog about philosophy.

Handling required paperwork: Managing and organizing all necessary documentation. Drafting and submitting offers: Creating and presenting purchase offers to sellers.

72% of Canadians are waiting for lower Bank of Canada rates before buying homes. High rates hinder passing the mortgage stress test, affecting buying power and home affordability.

The Real Estate market is unpredictable, with some properties selling quickly and others lingering on the market. Location and condition are often, but not always, factors in how quickly a property sells.

Assess feasibility; check legal constraints like local building codes. Understand budget; renovation costs range from $2K to >$70K.

The Bank of Canada members are divided on when to cut interest rates. Some members worry that inflation reduction might stall, while others are concerned about slowing down the economy too much.

To all Canadians around the world, a very happy Canada Day to you all. This day commemorates the unification of the three North American British colonies. Canada Day is a celebration of a united Canada and examining its defects, past and present, should not lead us to overlook its strengths. So let’s pour our hearts…

Neglecting maintenance costs can lead to financial strain, with unexpected repairs averaging $500 to $600/mo. Rushed purchases risk overlooking crucial factors like location noise and crime rates, causing potential regrets later on.

BOC states a limit on diverging from US monetary policy, but currently, they're not close to that limit. Differential between BOC and Fed rates expected to pressure Canadian dollar, influencing inflation and policy decisions.

Figure out how much you need to save for a down payment and closing costs. Put your savings in a high-yield savings account or certificate of deposit to earn interest.