Real Estate Blog

Unsure what a mortgage broker can do for you? This article discusses some of the many benefits and services provided by mortgage brokers in Canada. 

What is a mortgage broker?

A mortgage broker is an agent for lenders in much the same way an insurance broker is an agent for insurance companies. Mortgage brokers act as agents for banks, trust companies, credit unions, mortgage corporations, mortgage investment corporations, finance companies and individual private investors. Some mortgage brokers are exclusively lenders of their own money and provide a direct source of mortgage funds. These brokers are trained professionals that have to meet a satisfactory educational requirement before they may become registered. This requirement ensures you

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Beginning a home search is exciting and many people just jump right in without considering all the elements that make a home truly right for them. It is a complicated and personal process. With an unsuitable choice, you could lose money, waste time and effort relocating, or even put your family’s health in danger.

Choosing a Neighbourhood

Remember that you can renovate a house, but neighbourhoods take years to change and there is no guarantee they will change for the better! On the other hand, if you really love a certain part of town but it’s out of your price range, you may way to consider buying a less-than-perfect home then doing renovations. They can be quite expensive so try to make improvements that will be reflected in the value when

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Starting out with too high of a listing price will add to the stress of selling your home. 

Ideally, during the first few weeks, your home should be overflowing with activity.  Listing agents will market and promote your home to other agents who are working with homebuyers, increasing your personal sales force. 

If you have overpriced, chances are fewer agents will promote your home to their clients.  As REALTORS®, it is their job to know the market demand and fair market value of a home. If your home was dramatically priced above market value, you will essentially be wasting your time. 

Dropping Your Price Too Late

Your house could take longer to sell if you start with a high list price and then drop it later.  By this point, your house

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Summer has arrived, the weather’s warm and vacation season is in full swing.  Chances are you’ll be catching a flight this summer - whether you’re going domestic or international, use these tips for a more enjoyable and efficient flying experience.

Find affordable flights with these apps: 

Skiplagged - shows you hidden-city ticketing options to get you a flight for up to 50% less.

Hopper - predicts upcoming price trends

Has your flight fare lowered since you booked?

Contact the airline - some will give you the difference back in credit.

Give up your seat for a travel voucher.

If you’re not in a rush to get to your destination and you find yourself on an overbooked flight, let the ticketing counter know.  They may offer you a

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The Property Condition Disclosure Statement (PCDS) discloses what sellers know about their property, mostly through a questions and answers format.  The buyers then view the disclosure and becomes better equipped to determine if the home is worthy of further interest.

The disclosure covers major items prudent buyers should be concerned with, such as history of fire, insects or rodent problems, water seepage issues, toxic substances such as asbestos or formaldehyde, structural issues such as basement foundation cracks, construction permit history, plumbing and electrical issues, attached equipment issues (i.e. furnace, dishwasher) and much more.

PCDS and Saskatoon Real Estate

Most listed properties will include a PCDS, however in Saskatchewan

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Old homes are attractive with their unique architecture and 'Old World' artistry, rarely found in newer homes. They are seen as affordable fixer-uppers, but no buyer wants to discover that beneath the surface of this charming home lays a shipwreck waiting to happen.

Foundation

The foundation is one of the most important aspects of any home – more importantly in older homes for two reasons. First, a serious problem called "sulphate attack" can occur because of a chemical reaction between the soil and the concrete, causing the foundation to crack and crumble. Naturally, sulphates occur in the soil and may build up from lawn fertilizer over the years. Modern foundation concrete is formulated to resist sulphate attack. The second concern with

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Media Release: July 5, 2019
Jason Yochim, Chief Executive Officer, Saskatoon Region Association of REALTORS®

Saskatoon — The stronger residential housing market that began in March continued into June, as Saskatoon Realtors® sold 372 homes for a dollar volume of just under $126 million, the Saskatoon Region Association of REALTORS® (SRAR) reported Friday.

Sales were up six per cent from last June’s 350, while the combined value rose nine per cent from $116 million.

Buyers also had fewer listings to choose from, as 784 units were added to the city’s market, down 10 per cent from last year’s 871 and well down from the previous year’s 949.

“Fewer listings and a renewed interest from first-time home buyers have helped support the Saskatoon market,”

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There are countless advantages to purchasing a new home. You are able to build equity, enjoy pride of ownership, and truly make a home your own. If you are planning to buy property in the near future, preparing now can help you save time and money. Being prepared may also give you an advantage over other buyers. Here are a few tips to consider prior to your home search.

Know your bottom line before you start looking at homes. I’m sure you’ve heard this before, but think about more than just knowing what price you are willing to pay. Consider the distance you’re willing to commute to work, the number of bedrooms and bathrooms you require and what you need in terms of local amenities. If you have children, you’ll likely want to consider schools and

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As an award winning Century 21 Fusion SASKATOON REAL ESTATE Agent I know Saskatoon, Warman and the surrounding area extremely well. I take action to sell my client’s homes. I strive to find them the perfect new place to live while negotiating the best terms and price possible. I love what I do and I take great pride in providing excellence in customer service to all of my clients. I feel blessed to live in Saskatchewan and I am a TRUSTED SASKATOON REAL ESTATE Agent .

By now you have likely heard the buzz regarding The First Time Home Buyer Incentive (FTHBI), which will come into effect September 2nd for homes that close no earlier than November 1st.  The Government of Canada is offering an interest-free loan in the form of a shared equity mortgage

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