Megann Willson's blog
Are you ready to buy a home? If you’ve been thinking about this question, one thing to do is to make a simple dollars-and-cents comparison.
This debate is as old as real estate itself, and there are many ways to approach the question. Some financial advisors will treat it as simply a case of ratios – but it is more than that. Other experts will explore the question from an emotional or rational perspective. Truthfully, none of these is the wrong approach, or the right one, on its own.
So you’ve bought a home and closed just before the kids went back to school? Congratulations! Are you appreciating that chill in the air, and the return to sweater weather? Now that the cooler weather is here, your thoughts may be turning to things like your heating system. Have you ever been responsible for the care and feeding of a furnace before?
It’s a tight, tough, troublesome market out there if you’re a buyer. Time was, if it was too expensive near the city centre, you could elect to simply move further out – but even many of what were once considered bedroom communities are getting pricier. We’re even seeing bidding wars in rural and recreational markets. So, what’s the solution?