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Yasir Khan's blog
What is a Vendor Take Back Mortgage?
A vendor take back mortgage, also known as VTB mortgage, is a type of financing arrangement in Canada that involves the seller of a property lending money to the buyer to help them purchase the property. In a vendor take back mortgage, the seller acts as the lender and accepts payments from the buyer over a specified period, just like a traditional mortgage. However, instead of a bank or other financial institution providing the mortgage, the seller provides the financing, which benefits both parties involved.
How to Flip a House
House flipping has been on the rise for some time, and with several popular house-flipping television shows being broadcast daily across the country, it is easy to see why it is so appealing. A thirty-minute episode makes the overall process look pretty easy to flip a home and resell for a substantial profit, but don’t be fooled! There is much more involved with flipping a house than what you see on TV. If you intend to take the plunge and start your flip project, research and educate yourself on the dos and don’ts of flipping a house.
Renovation Tips to Help Seniors Stay in Their Homes Longer
More seniors are trying to age in place than ever before. This is partially due to the rising costs of long-term care and the decreasing availability of retirement homes. Plus, many simply want to remain in the homes where they have raised their families and have memories.
How to Renovate a House on the Cheap
When you sit down to begin planning a home renovation, it can be easy for the costs to add up. No matter the budget you set, you will always end up going over (make sure you add that 10 to 20 percent cushion!), so the more you can save in various costs, the better off you will be. It is possible to renovate your house reasonably affordably if you are willing to invest a little bit more time and effort.
73% of Canadians See Home Ownership as a Good Investment
Is the Canadian real estate market still a great way to invest?
5 Things You Need to Know About Living in a Mobile Home
A mobile home, sometimes called a manufactured home, is made entirely in a factory and moved to the desired location instead of contractors building the home onsite. Mobile homes are not necessarily truly mobile since they are semi-permanent but have mobile capabilities when necessary.
GTA HOME SALES AND LISTINGS DROP IN FEBRUARY 2023
GTA HOME SALES AND LISTINGS DROP IN FEBRUARY
Uptick in Homebuying Expected Later This Year
Tips on First Time Home Sellers
If you're a first-time home seller, the process can be overwhelming and stressful. However, with proper preparation and knowledge, you can make the selling process much smoother. Here are some tips for first-time home sellers:
Choose the right real estate agent: A good real estate agent will help you navigate the selling process and ensure that your home is marketed effectively. Look for an agent who has experience in your local market and a good track record.
The Best Homesteading Areas in Canada
Homesteading has risen in popularity in recent years, partially thanks to media exposure and the rise of remote work that makes self-sufficient living more possible. Many individuals and families in Canada look to homesteading to regain their independence far away from urban areas and closer to the land.
Unconventional Ways to Incorporate a Fireplace into Your Home
Since the 17th century, fireplaces have been common additions to homes. While design trends have changed over the years, fireplaces have remained a popular feature for homes. Although they are not typically used for cooking anymore, they are still a source of heat and light for people looking to lower their utility bills.