The Realities of Home Ownership

The Realities of Home OwnershipSometimes folks say they want something, but then do things that totally work against them achieving their goal. Home ownership is a perfect example. I get letters every week from people who say they want to own their own homes. They can even paint a pretty clear picture of what that home will be like, where it will be and what it will feel like to live there. What some…

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Harder for Gen Y First-Time Home Buyers to Get Into Market?

Harder for Gen Y First-Time Home Buyers to Get Into Market?Andrew MacLeod is part of demographic that apparently is being priced out of Canada’s housing market, but that didn’t prevent the 34-year-old from finding a way to buy his first home. MacLeod and his wife, 33, overcame current economic hurdles such as high property prices, tighter lending conditions and shaky job markets to purchase their four-bedroom, two storey semi-detached house in Ottawa’s Lindenlea neighbourhood, which MacLeod cheekily describes as the…

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Closing/ Home Costs to Think About Before You Buy your Home

Closing/ Home Costs to Think About Before You Buy your HomeThere are lots of costs to think about when you buy your home (not just the down payment you have to worry about and the actual home, but lots of other things that can add up). Here are some of these costs (HINT: They include lots of taxes.  Awesome…): Home Inspection This can range anywhere from $400 to $1000 for a thorough home inspection   Read More…

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Pay Yourself First: AutoMagic Bill Payments

Pay Yourself First: AutoMagic Bill PaymentsI was reading another site and saw that someone has written a book or is charging folks to learn how to make their personal finances automatic so in response to that, here are some simple ideas (for free (and thus worth every penny you paid for it)) to automate bill payment for your personal finances. I offer these ideas as a heuristic methodology, your mileage may vary, and with all…

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