Homeowners insurance, or sometimes called a home insurance, is a type of insurance policy that provides financial protection for your home and its contents in the event of damage, loss, or liability. It is important because it provides coverage for the repair of...
Planning to buy a home? The key is to prepare and maintain excellent financial health. And we’re not just talking about the down payment! Improve your chances of getting approved for a home loan and be eligible for better interest rates and terms — here are some...
We get this question a lot from our first time buyers — are banks and mortgage brokers the same? The quick answer is no and here’s the definition and difference between the two. A bank offers you a home loan. They usually have a set rate and strict rules for approving...
Are you planning to buy a home? Set yourself up for success by preparing and maintaining excellent financial health. Here are the three biggest money mistakes to avoid while you’re in the process of purchasing a home. Making Big Purchases If you just bought a...
Ah, real estate… you and your confusing terminologies again. But don’t fret – we’re always here to help and in a few, we are dropping some new real estate knowledge for you. It is essential to understand the difference between market value, appraised value, and...
We think it’s safe to say that 2020 is an unforgettable year for all of us. It marked the advent of COVID-19 pandemic which caused a significant decline in economies around the world. The National Bureau of Economic Research (NBER) stated that, “at the end of 2021, we...
