In today’s competitive housing market, where you may be competing against multiple buyers in a bidding war, you may be tempted or even encouraged to write a “clean” offer to purchase, without including any conditions.  This is a binding sales contract once the sellers accept your offer.  The most common conditions placed in offers allow buyers time to obtain their financing commitment from their mortgage lender, and may also include a satisfactory home inspection...

Spring is in the air!  For many of us, it is time to start thinking about yard work and what projects you want to do around the house.  For others though, it signals a season of heart palpitations and panic.  Yes I’m referring to that often tense time of the year when bidding wars cause the blood to stir in many house hunters!  If you fall into this category, don’t worry – here are some tips to help get the home of your dreams...

In order to qualify for mortgage financing you need to have an established credit history and credit score at Equifax or Trans Union credit reporting agencies in Canada.  Lenders use this information to determine how likely you are to repay your mortgage loan.

In Canada, if you are putting less than a 20% down payment on a home, you will need a minimum credit score of...