Homebuyer's School: Recent Episodes
Brookfield Residential
Homebuyer's school is where new and seasoned homebuyers get the latest strategies and tips so they are better prepared when making their next home purchase.
About to finalize buying your home? What are the closing costs you need to be aware of? In this episode, we talk with Brad McCallum, Realtor with ReMax First, and discuss the additional costs you need to be aware of when buying a home, when they occur and where they come from. We also discuss if you can buy a home without any closing costs.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-closing-costs-when-buying-a-home-or-a-condo
We discuss the following items:
- What are the closing costs when buying a house or condo?
- When do you pay the closing costs and to whom?
- Can you buy a home without closing costs?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Should you buy a home before or after you are married? In this episode, we talk with Brad McCallum, Realtor with ReMax First, and discuss the pros and cons of buying a home before and after getting married. You'll learn key family and economic conditions that will impact your decision to buy a home.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/pros-and-cons-buying-a-home-before-and-after-marriage
We discuss the following items:
- Pros and cons of buying a home before marriage
- Pros and cons of buying a home after marriage
- Family and economic factors when buying a home
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Planning on buying your first home this year? What are the top mistakes other first time home buyers make and how do you avoid them? In this episode, we talk with Brad McCallum, Realtor with ReMax First, and discuss some common mistakes when buying your first home such as assuming every home on the market is a good buy or being not ready to actually make a purchase.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/avoid-biggest-first-time-home-buyer-mistakes
We discuss the following items:
- First time home buyer mistakes to avoid including:
- Trying to time the market
- Assuming every home in the market is a good buy
- Assuming every home in the market is overpriced
- Being not prepared to buy
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Before buying a home, what do you need to consider and prepare for? In this episode, we talk with Brad McCallum, Realtor with ReMax First, and discuss what are the top five things you absolutely MUST consider before buying a home for the first time.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/top-5-things-to-consider-when-buying-a-home-for-the-first-time
We discuss the following items:
- What you must consider before before buying a home including:
- Understanding the value of a home
- The cost of buying (not just monetary)
- Location
- Future needs
- Lifestyle
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Thinking about buying a home in 2020? What are some things you need to consider? In this episode, we talk with Brad McCallum, Realtor with ReMax First, and discuss what are the key factors to look if you are planning to buy a home in 2020. We explore if you should time the market and what non-monetary reasons to consider.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/should-i-wait-to-buy-a-house-in-2020
We discuss the following items:
- Should you buy a home in 2020?
- Should you try to time the market when buying?
- What other reasons, besides home value, to consider when buying a home
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Ready to sell your home? Is staging your home required? In this episode, we talk with Brad McCallum, realtor with Remax First, and discuss if staging actually helps sell your home faster. We explore how to make your home "less personal" for visitors and if it's better to have an empty home or a staged home. Finally, we provide some DIY staging tips if you don't want to pay for professional staging.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/does-staging-your-home-help-it-sell
We discuss the following items:
- Does staging your home help it sell?
- How to "de-personalize" your home when selling
- Is it better to have a home staged or completely empty?
- Making sure your home is clean while selling
- Do it yourself staging tips
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Wondering what the true cost of homeownership is? In this episode, we talk with Brad McCallum, realtor with Remax First, and discuss all the costs when buying and owning a home that aren't readily apparent. We talk about home maintenance costs and how location not just affects your home's cost but also lifestyle. We also explore the costs associated with new and resale homes.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/hidden-costs-when-buying-a-house
We discuss the following items:
- What is the true cost of homeownership?
- Cost of home maintenance
- How where you live directly and indirect impacts costs
- Cost of buying new vs resale home
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Wondering what the differences are between closing costs and a down payment? How do they affect you when buying a home? In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree and discuss the differences between the two, how closing costs are applied when buying a home, what home builders may cover. Finally, we also look at differences between the two regarding new and resale homes.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/are-down-payments-and-closing-costs-the-same
We discuss the following items:
- Differences between a down payment and closing costs
- What's included in closing costs?
- The difference in closing costs between new and resale home?
- What home builders cover in relation to closing costs?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Planning to buy a new home? Wondering if you should buy new or used? What are the pros and cons? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss whether to buy a new or resale home and the benefits of each. We talk about pricing and additional fees as well as the impact of location when making your decision.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/pros-and-cons-of-buying-new-vs.-resale-home
We discuss the following items:
- Pros and cons of buying a new home vs a resale home
- Impact of location and community
- Which is cheaper?
- Additional fees to consider
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
What's the best way to light up your home's interior? How about for every room? In this episode, we talk with Rebecca Hotchkiss, Interior Designer with Brookfield Residential, and discuss how to choose lighting for your home, lighting maintenance, as well as the best lighting design for each room of your home. We also explore different lighting design ideas.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/plan-interior-lighting-design-for-my-home
We discuss the following items:
- How do you choose lighting for your home?
- Home lighting maintenance
- Lighting every room in your home
- Lighting design tips
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Debating whether to put porcelain or ceramic tile in your home? What are the best uses for each? In this episode, we talk with Rebecca Hotchkiss, Interior Designer with Brookfield Residential, and discuss the difference between porcelain and ceramic and where the best places to put them in your home. We also explore how to clean, maintain and if they need to be replaced.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-tell-the-difference-between-ceramic-and-porcelain-tile
We discuss the following items:
- Difference between porcelain and ceramic tile
- When to use either for your home
- How to clean and maintain
- When to replace (if at all)
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Thinking about changing carpet for your current home? How about for a new home? How do you choose the best one for each room? In this episode, we talk with Rebecca Hotchkiss, Interior Designer with Brookfield Residential, and discuss choosing the best carpet for your home including: quality and durability and which carpet is easier to clean. We also explore which carpet makes your home look bigger and how to choose the right colour for each room.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-carpet-for-every-room-in-your-home
We discuss the following items:
- Choosing the best carpet for your home
- Quality and durability of carpets
- Which ones are easier to clean/maintain?
- Which carpet makes your room look bigger?
- How to choose the right carpet colour for each room
- Which colours are trending for 2019 and 2020?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Looking to use tile for your new home? Which ones are best suited for each room? why?In this episode, we talk with Rebecca Hotchkiss, Interior Designer with Brookfield Residential, and discuss how to choose the best tile for each room in your home including maintenance and colour.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-tile-for-every-room-in-your-home
We discuss the following items:
- Which tile is best for every room in your home (i.e. porcelain, ceramic, marble, etc...)
- Which is easier to maintain
- How to choose tile colour to complement your interior design
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Looking for different flooring options other than hardwood for your home? What are the costs and maintenance? In this episode, we talk with Rebecca Hotchkiss, Interior Designer with Brookfield Residential, and discuss flooring alternatives and when you would need them. We also explore how to maintain and pricing.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-flooring-alternatives-to-hardwood-to-use-in-your-home
We discuss the following items:
-
What flooring options you have have outside of hardwood
- When to use these options
- Do these flooring alternatives ever need to be replaced?
- How to maintain and what are the costs
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Renovating or designing a bathroom? What countertops should you use? In this episode, we talk with Mackenzie Schurer, Interior Designer with Brookfield Residential, and discuss bathroom countertop ideas and how to choose the best one for your home. We explore cleaning and sealing, and modern design ideas to complement the rest of your house.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-countertop-for-your-bathroom
We discuss the following items:
- Choosing the right countertop for your bathroom and what you must consider before installing
- Cleaning and sealing tips
- Design ideas to complement the rest of your home
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Updating the interior paint colours of your home? Choosing colours for a brand new home? How do you choose the colour that will complement the rest of the home? In this episode, we talk with Mackenzie Schurer, Interior Designer with Brookfield Residential, and discuss how to make this decision based on the type of room and complementary elements like flooring and countertops. We also explore which colours to choose to improve your home's resale value.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-pick-the-best-interior-paint-colours-for-your-home
We discuss the following items:
-
Choosing the best interior paint colours based on:
- Type of room
- Other complementary elements like countertops or flooring
- improve resale value
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning on a renovating or installing new kitchen tile countertops? What are the best types of tile? How about the latest designs? In this episode, we talk with Mackenzie Schurer, Interior Designer with Brookfield Residential, and discuss new countertop tiles for your kitchen, benefits of each, maintenance and price. We also review some tile countertop ideas, combinations and trends.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-best-modern-tile-countertop-ideas-for-your-kitchen
We discuss the following items:
- Best types of countertops for kitchens and benefits of each
- Maintenance and pricing
- Countertop ideas including combinations and trends
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering if you can actually afford to buy that home you've been eyeing? How much can you afford? How much will your lender provide? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss how much mortgage you can afford and how the banks/lenders determine how much they can lend you. We explore how your income and debt impacts mortgage affordability and how you should set up a monthly budget to include your mortgage payments.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-much-mortgage-can-i-afford-including-calculating-income-and-debt
We discuss the following items:
- How much mortgage can you afford
- How banks/lenders determine how much to lend you
- How your income and debt affect mortgage affordability
- How to set up a budget to include monthly mortgage payments
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to apply for a mortgage? Who do you talk to? How do you get the best rates? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss choosing the right mortgage lender for you. We also explore how to do your research when looking for a lender, questions you need to ask and if you can (or should) change lenders when renewing your mortgage.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-right-mortgage-lender
We discuss the following items:
- Choosing the right mortgage lender for you
- How to research and what questions to ask
- If you can (and should) change lenders when renewing your mortgage
- Do lenders specialize in specific mortgage types?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Before applying for a mortgage, what do you need to prepare? How do you get your finances in order? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss how to prepare for a mortgage including how to understand your budget, ways to improve your credit and how the mortgage approval process works.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-you-need-to-do-before-applying-for-a-mortgage
We discuss the following items:
- How and what to prepare for your mortgage application
- How to improve your credit score
- What to know about the mortgage approval process
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Not sure about the difference between a condo or townhouse? How do you find out which one is right for you? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, we discuss the differences between the home types, property tax implications of each and which has a higher resale value.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/townhouse-vs-condo-whats-the-difference-and-which-has-a-better-resale-value
We discuss the following items:
- Differences between a condo and townhouse including
- Pros and cons of owning each
- Property tax implications on each
- Which has more resale value
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
What's the difference between a mortgage pre-approval and mortgage approval? What are criteria to get each? Who do you need to get approval from? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss the differences between the two approvals and their requirements. We also look at examples of why a bank might not give approval and what happens if you get declined by a mortgage insurance provider. Finally, we see if you can switch lenders after pre-approval and reasons why to make a change.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/mortgage-pre-approval-vs-approval-whats-the-difference
We discuss the following items:
- Difference between a mortgage pre-approval and approval
- What are your options if you get declined for mortgage insurance?
- Reasons why a bank may not find a property desirable to grant a mortgage approval
- Can you switch lenders after getting pre-approved (and some reasons to)
- Do you need to go through the approval process again if you switch lenders?
- Does a pre-approval affect your credit score?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Thinking about buying a townhouse? Where do you start? What questions should you ask? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, and look at the steps involved in buying a townhome and how to prepare. If you are comparing between a townhouse and condo, we also discuss the differences and which costs more.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-buy-a-townhouse-for-the-first-time
We discuss the following items:
- How to buy a townhouse as your first home
- How to prepare prior to viewing townhomes
- Which costs more? Condo or townhome?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Moving into your first condo? Downsizing from your house to a condo? What should you know? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, and discuss some tips on condo living for those moving in to their first home to those downsizing to a condo. We explore adjustments you may have to make as well as decorating and upgrade ideas for your condo.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/downsizing-from-house-to-a-condo-what-you-ought-to-know-and-expect
We discuss the following items:
- Condo living tips including:
- Moving from a house to a condo
- Adjustments you need to make when moving
- Condo decorating ideas
- Home upgrades to consider when buying a condo
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Planning to get or renew a mortgage? Wondering whether you should go with a variable or fixed rate in 2019? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss fixed and variable mortgages as well as mortgage rate outlook for 2019. We provide examples of when to use variable vs fixed. Finally we explore which is better, a five or ten year mortgage term including examples of using each.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/fixed-vs-variable-mortgage-in-2019-which-is-better-for-you
We discuss the following items:
- Which one is better for you in 2019: fixed for variable mortgage?
- Examples of how each type could benefit your situation
- Interest and mortgage rate outlook in 2019
- Which is better: 5 or 10 year term on a mortgage?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
When buying a condo, who is responsible for maintaining it? What are the owner's responsibilities? Renters? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential and discuss maintenance responsibilities, how maintenance fees are calculated and what's included in these fees.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whos-responsible-for-condo-maintenance-and-repairs
We discuss the following items:
- Responsibility of condo maintenance and repairs
- Responsibility of a homeowner and renter
- How are condo maintenance fees calculated and what's included?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
In this episode of Homebuyer's School, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss how a mortgage actually works and all the elements involved when borrowing to buy a home. We explore what a lien is, what happens if you can't pay off your mortgage and mortgage portability. Finally, we talk about the types of mortgage penalties and how to avoid them.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-does-a-mortgage-work-in-canada
We discuss the following items:
- How a mortgage works
- What's a lien?
- What happens if you can't afford your mortgage?
- Can you transfer your mortgage if you buy a new home?
- Mortgage penalties
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Deciding if you should buy a condo and if it's worth investing in? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, and discuss if condos are a good investment. We explore how your research is different when buying a condo as an investment. Finally, we see if a resale or a new condo is a better investment.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/are-condos-a-good-investment-and-worth-buying
We discuss the following items:
- Are condos a good investment?
- How to research when buying a condo for investment
- Which is a better investment: A brand new or a resale condo?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Thinking about or ready to get a mortgage approval? What are the steps involved? What do you need to prepare? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss how the mortgage approval works and the steps involved throughout the home buying process. We also explore mortgage approval requirements including the 5 C's of credit that the bank or lender use. Finally, we talk about mortgage approval impacts to credit score, how long it takes to get approved and questions to ask your lender.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-does-the-mortgage-approval-process-work-in-canada
We discuss the following items:
- How a mortgage approval works and the steps involved
- What are the mortgage approval requirements
- What are the 5 C's of credit your bank or lender look for?
- How long does an approval takes?
- Does a mortgage approval impact your credit score?
- What questions should you ask your lender before getting a mortgage?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering if condo living is right for you? In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, and discuss the pros and cons of living in a condo. We explore how noise travels through a condo and how it impacts you. We also review what to look for when research your condo preferences and how customizable is your condo.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-pros-and-cons-of-living-in-a-condo
We discuss the following items:
- What are the pros and cons of living in a condo?
- Understanding the impact of noise on condo living
- How to research your condo lifestyle preference
- How customizable is your condo?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss new information about the First Time Home Buyer Incentive Program from the Canada Housing Mortgage Corporation (CMHC). We discuss who can apply, impact on the mortgage stress test, down payment requirements and how it affects mortgage insurance. We also go through an example of how the Incentive Program works and if it actually makes buying a home for the first time easier.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/update-cmhc-first-time-home-buyer-incentive-program
We discuss the following items:
- New information about CMHC's First Time Home Buyer Incentive Program and if it makes first time home buying easier
- Who can apply?
- When does it start and for how long?
- Impacts on the Stress Test
- Down payment requirements
- Do you still require mortgage insurance if you use the program?
- We also walk through an example of how the program works
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Thinking about downsizing your home? How do you know if and when you should start? In this episode, we talk with Kevin French, Realtor with Remax, and discuss why would you want to downsize your home, how to start and when is the best time. We also explore if you should downsize your home to pay off debt and the impact of downsizing on your home equity.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-homeowners-ought-to-know-about-downsizing-your-home-tips-strategies-and-when-to-do-it
We discuss the following items:
- Why you would want to downsize your home including:
- When and how to start the downsizing process
- If you should downsize to pay off debt
- What are the impacts of downsizing and home equity
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a condo? Want to know the exact steps from pre-approval to possession. In this episode, we talk with Karen McDonald, Community Manager with Brookfield Residential, we discuss how to buy a condo for the first time including a step by step guide. We also explore different types of condos, buying resale condos and downsizing to a condo.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/step-by-step-guide-on-how-to-buy-a-condo-for-the-first-time
We discuss the following items:
- How to buy a condo for the first time including a step by step guide
- Considering different condo types
- Buying a resale condo
- Is a condo a good first home?
- Downsizing to a condo
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Not sure if your first home purchase should be to live in or as an investment property? In this episode, we talk with Kevin French, a Remax realtor, and discuss the pros and cons of buying a home as an investment property as well as explore the financial implications of moving into your investment property.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-first-time-home-buyers-need-to-know-about-buying-an-investment-property
We discuss the following items:
- Buying your first home as an investment property
- Pros and cons of buying an investment property
- What are the implications of living in your investment property?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering if now is the best time to get into the real estate market? In this episode, we talk with Kevin French, a Remax realtor, and discuss the housing and real estate trends for 2019 and beyond. We explore trends for mortgage rates, home types, if 2019 is still a good year to buy a home and expectations into the fall market.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-alberta-and-canada-real-estate-trends-for-2019
We discuss the following items:
- What to look for when viewing a house for sale
- Key details to review that could be hidden by marketing or home preparation
- Reviewing a home's exterior
- How to prepare before viewing a home
- How long a viewing should last for (first, second or even third viewing)
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
When viewing a show home or a resale home what should you look for? How should you prepare? In this episode, we talk with Kevin French, a Remax realtor, and discuss what to look for when viewing a home for sale including key items that may be hidden by marketing or home preparation. We also explore how long your viewings should last, how to prepare before visiting the home and how to review the home's exterior.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-to-look-for-when-viewing-a-house-for-sale
We discuss the following items:
- What to look for when viewing a house for sale
- Key details to review that could be hidden by marketing or home preparation
- Reviewing a home's exterior
- How to prepare before viewing a home
- How long a viewing should last for (first, second or even third viewing)
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
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So you're ready to buy a home but how do you prepare? Who do you talk to and what do you need to get ready? In this episode, we talk with Kevin French, a Remax realtor, and discuss discuss preparing and getting ready to buy your first home. We explore what research you need to do and who you need to work with. We also look at things NOT to do, especially when buying a brand new home.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-prepare-to-buy-your-first-house
We discuss the following items:
- How to prepare and get ready for buying a home for the first time
- What research do you need to do and who do you need to work with
- What are somethings NOT to do
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
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So how do you make sure you get the absolutely best deal when buying a home? In this episode, we talk with Kevin French, a Remax realtor, and discuss how to get the best deal on your next home purchase. We look at shopping for mortgage rates, understanding the market and how to negotiate when buying. We also explore key elements that impact getting the best deal such your savings, home type, upgrades, and timeframe to purchase.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-get-the-best-deal-when-buying-a-house
We discuss the following items:
- How to get the best deal when buying a home including:
- Shopping for the best mortgage rates
- Understanding the market
- How to negotiate when buying
- How your savings, timeframe to purchase and basement options can impact the deal you are getting
- How to negotiate for home upgrades and the closing costs
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Worried about making a mistake with one of the largest purchases in your lifetime? What can you do to avoid them? In this episode, we talk with Kevin French, a Remax realtor, and we discuss the top five mistakes when buying your first home and how to avoid them. We look at pricing and financing mistakes as well as how much research should you do in addition to relying on trusted advisors, such as a real estate agent.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-avoid-the-five-biggest-first-time-home-buyer-mistakes
We discuss the following items:
- What are the top mistakes first time home buyers make when buying a home?
- Top financing and home pricing mistakes
- How much research should you do in addition to relying on a trusted advisor, such as a realtor?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
What are the differences between a condo, townhome and a single-family home? What are the pros and cons of living in each home type? In this episode, we talk with Kevin French, Realtor with Remax, and discuss we look at the differences between each and the scenarios when you would buy one over the other.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/condo-vs-townhouse-vs-single-family-home-what-are-the-differences
We discuss the following items:
- Differences between a condo, townhome and single family home
- Pros and cons of buying and living in each home type
- Scenarios when you would buy one over the other
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you are ready to make your first home purchase. What are the exact steps in buying your new home? In this episode, we talk with Kevin French, Realtor with Remax, and discuss how to buy a home for the first time and guide you with a step by step process on what needs to happen through the entire purchase: from getting your financing in place, to choosing your location, home inspection, home upgrades, closing the deal and more.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/steps-to-buying-a-house-for-the-first-time
We discuss the following items:
- First time home buying process and the steps involved including:
- Home financing
- Choosing your location
- Buying new vs. resale
- Home inspections and when to use them
- What to consider for home upgrades
- Working with a realtor
- What to do after making an offer
- Timelines on buying a home
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Are you a first time home buyer and/or a millennial looking to buy a home? It is more difficult to buy a home these days? In this episode, we talk with Kevin French, Realtor with Remax, and discuss millennials and home buying in 2019 and if it's harder for younger people to buy a home today than it was 5 or 10 years ago and why. We also explore if they are waiting longer to buy a home, stay in their homes longer and if there are any regrets when buying.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/is-it-harder-for-millennials-to-buy-a-house-in-2019-and-beyond
We discuss the following items:
- Millennials and home buying in 2019
- Is it harder for young people to buy a home today than 5 or 10 years ago? Why?
- Are younger people waiting longer to buy a home? Do they stay in the home they buy longer?
- Are there any regrets when buying a home?
- First time home buyer tips for those ready to buy
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Ready to sell your home? How do you find the right real estate agent? How do you know if they are qualified and can fit your needs? In this episode, we talk with Kevin French, Realtor with Remax, and discuss how to choose a realtor when selling your home including how to find the best one in your location. We explore if you should talk to a mortgage professional or realtor first and the cost of showing your home. Finally, we look at how realtors get paid and how agents get listings.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-a-real-estate-agent-to-sell-your-home
We discuss the following items:
- How do you choose right real estate agent to sell your home?
- Finding the best one in your area
- Should you talk to a mortgage broker or a real estate agent first?
- Cost of showing your home
- How realtors get paid and how they get listings
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Decided to use a realtor when buying your first home? What are the key questions to ask so you are well prepared? In this episode, we talk with Kevin French, Realtor with Remax Realty, and discuss the type of questions you need to ask your real estate agent when buying a home. We also explore realtor specializations, such as product or area, and is product or amenities more important. Finally, we discuss how a realtor can help you when researching a home you want to buy.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/questions-to-ask-a-realtor-when-buying-a-house
We discuss the following items:
- What kind of questions should you ask a realtor when buying a home?
- Do realtors have specializations such as product type or area?
- Is product or amenities more important when buying a home?
- How should your realtor help when checking/walking through a home?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So what are mortgage rates and how do they impact your ability to buy a home? How would you find the best rate? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with TD Canada Trust, we discuss everything about mortgage rates including; what they are, how are they determine/calculated and how to shop for and compare the best rate. Finally, we explore where mortgage rates are headed in 2019 and beyond.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/mortgage-rates-explained-how-do-they-work-and-how-to-find-the-best-rate
We discuss the following items:
- What are mortgage rates and how are they calculated?
- How do you find the most current rate?
- How to shop for and find the best rate?
- Where mortgage rates are headed in 2019 and beyond
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Which will have a better long term financial benefit? Paying off your mortgage or investing your money? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with TD Canada Trust, and discuss which one is best for you and if you should save for retirement (or save in general) first or pay off your mortgage? We also explore if it's a good idea to withdraw your RRSP to pay off your mortgage.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/is-it-better-to-pay-off-my-mortgage-or-invest-my-money
We discuss the following items:
- Should I pay off my mortgage or invest?
- Should I save for retirement or pay off my mortgage?
- Is it a good idea to withdraw any retirement savings or RRSP's to pay off/down my mortgage?
- Should I save my money or pay off my mortgage?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So how do you pay off your mortgage faster or earlier? Is it a good idea to? Are there any penalties? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with TD Canada Trust, and discuss how to pay off your mortgage faster and what is the fastest way to do so. We also explore if you should pay off your mortgage before your term ends and if there is a penalties for doing so.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-difference-between-an-insured-and-conventional-mortgage-in-canada
We discuss the following items:
- Difference between insured and conventional mortgage
- Benefits of each type and why they would fit your needs
- How do the payment plans differ between the two?
- Do insured mortgages have higher payments?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Not sure which type of mortgage to get when buying your next home? What are the differences? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss the different type of mortgages in Canada, specifically insured vs conventional mortgage. We explore the benefits of each and the differing payment plans.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-difference-between-an-insured-and-conventional-mortgage-in-canada
We discuss the following items:
- Difference between insured and conventional mortgage
- Benefits of each type and why they would fit your needs
- How do the payment plans differ between the two?
- Do insured mortgages have higher payments?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Buying a home first the first time? Wondering what programs are available to help first time home buyers? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, dis and discuss what are the best first time home buyers programs available such as the First Time Home Buyer's Plan and the recently announced First Time Home Buyer Incentive. We also explore available down payment assistance programs.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-best-available-first-time-home-buyer-programs-in-canada
We discuss the following items:
- What are the best first time home buyer programs? Such as:
- First Time Home Buyer's Plan
- First Time Home Buyer's Incentive
- Other programs
- Available down payment assistance programs
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a home? What's the best way to start saving quickly? In this episode, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss top tips to save up for a down payment on a home. We also explore if you should pay off your debt before saving for a home, how much should you actually save and if it's better to save more than 20% for a down payment. Finally, we talk about down payment assistance programs you may want to take advantage of.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/best-way-to-start-saving-for-a-down-payment-on-a-house
We discuss the following items:
- Top tips to start saving for a down payment on a home
- Is it advisable to pay off your debt before saving for a down payment?
- If you really need to get money for a down payment fast, what can you do?
- How much should you save for a down payment?
- Is it better to save up past 20%?
- What are some down payment assistance programs to take advantage of?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode of Homebuyer's School, we talk with Mujtaba Syed, Mortgage Specialist with the Bank of Montreal, and discuss using your RRSP to buy a home, how much can you take out, and when can you do it. We also explore how/when you need to repay your RRSP, if you could use your RRSP to buy a second home and if you could use your RRSP more than once.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/can-you-use-your-rrsp-to-buy-a-home
We discuss the following items:
- Using your RRSP to buy a home
- How much can you take from your RRSP?
- Can you use your RRSP to buy a second home?
- How do you repay your RRSP?
- How many times can you use your RRSP for home buying?
- What are the advantages of using your RRSP for a down payment?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering what type of home you should buy/invest - duplex or single-family home? What are the differences? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential and discuss whether a duplex or a single family home is right for you. We explore the cost and home value as well as why it seems builders are currently focused on building duplexes.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/duplex-vs.-single-family-home-whats-the-difference-and-which-one-should-i-invest-in
We discuss the following items:
- Difference between a duplex and single-family home?
- What's the cost difference and future home value? Which is worth more?
- Are builders moving towards building more duplexes?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Applying for a mortgage? Can't meet all the financial requirements? In this episode, we discuss how a mortgage cosigner can help and when to use one. We also explore if there are limits to how many cosigners a mortgage can carry as well as the financial/credit impacts to the cosigner. Finally, we look at how to get a cosigner off your mortgage and if you need to go through another approval process.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-mortgage-cosigner-requirements-in-canada
We discuss the following items:
- How does a mortgage cosigner work and when to use them
- Are there limits to the number of cosigners on your mortgage?
- Financial/credit impacts to a cosigner
- Are a cosigner and coborrower the same thing?
- What if a cosigner has bad credit?
- How do you get a cosigner off your mortgage?
- Do you need to go through another mortgage approval if you do?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
If you are buying a home for the first time which one is better for you, a condo or a house? What are the differences? What are the key things to know to make the right decision for you? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss if you should buy a condo or house and which is a better first home. We explore price differences, appreciation value and which has a lower property tax.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-difference-between-buying-a-condo-or-house
We discuss the following items:
- Should I buy a house or condo?
- Which one is a good first home?
- Which is more expensive? What's the appreciation value?
- Which one has a lower property tax?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In the 2019 federal budget, the First Time Home Buyer Incentive was announced. How does it work? Can it really make home buying affordable for first time home buyers? In this episode, we discuss the key elements of the First Time Home Buyer Incentive, impact on the mortgage stress test and who can qualify.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/first-time-home-buyer-incentive-can-you-now-afford-to-buy-a-home
We discuss the following items:
- Key features of the First Time Home Buyer Incentive
- Who can qualify
- Impact on the Mortgage Stress Test
- Pros and cons of the program
- What information is still missing
- Increase in the RRSP borrowing limit
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a home for the first time? Worried about making critical mistakes that could cost you getting the home you want? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss top mistakes to avoid when buying a home such as buying solely on price or limiting the type of home you want. We also explore if it's easier to buy a home with or without a realtor.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-mistakes-should-i-avoid-when-buying-a-home
We discuss the following items:
- What are the key mistakes to avoid when buying a home?
- Is it easier to buy a home with or without a realtor?
- Are you making a mistake by limiting the type of home you are searching for?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a house this year? Should you wait? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss if 2019 is a good time to buy a home or if you should wait. We explore what happens if the housing marketing dips and if home prices fluctuate throughout the year. Finally, we answer when is the best time to buy a house.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/is-2019-a-good-time-to-buy-a-house
We discuss the following items:
- If 2019 is a good time to buy a house? If not, then when?
- What happens if the housing marketing takes dips?
- Should you wait to buy a home?
- Do home prices fluctuate throughout the year?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
You just moved into your new home and a new community. How do get to know your neighbours and the people living in your community? In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential, and discuss some ways to get to know and get along with your neighbours. We also explore the role of the homeowners association in bringing people in a community together.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-do-i-get-to-know-my-neighbours-in-my-neighbourhood-or-community
We discuss the following items:
- How to meet and get to know your neighbours
- How to get along with your neighbours
- The role of Homeowners Associations in bring people in a community together.
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you finally found the home you want to buy. What are the next steps? How do you go about buying that home? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss how to make an offer on a home and the steps involved. We also explore how counter offers work and how the process is different when buying a resale versus a new home. Finally, we look at if it costs money to make an offer on a home.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-make-an-offer-on-a-house-in-canada
We discuss the following items:
- How to make an offer on a home and the steps involved
- What are counter offers from home builders?
- Does it cost to make an offer on a new home?
- What's the difference between making an offer on a new home vs. a resale?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a new home? Can you negotiate the price? What are some negotiation tips to consider? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss negotiating price on a new home, if you can negotiate on home upgrades and the lot itself.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-negotiate-the-price-when-buying-a-new-home
We discuss the following items:
- How to negotiate price on a new home
- Can you negotiate on home upgrades? What are the costs?
- Can you negotiate on the lot itself?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
When moving into a new community are you confused by all the different associations? What are their roles and how do they impact you? In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential and discuss the differences between a homeowners association, a residents association and a community association. We also explore the required fees and how to join these associations.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/difference-between-homeowners-association-and-community-association
We discuss the following items:
- Difference between an HOA and community association
- Do you have to pay community association fees? Are they mandatory?
- What's the process of joining any of these associations?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Just bought a new home? Wondering what to do when you move in? In this episode, we discuss what are the top five things you should do when taking possession of your new house.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/first-things-you-should-do-when-moving-into-a-new-house
We discuss the following items:
- The top five things to do when homeowners moving into a new home and why.
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Moving into a community with a Homeowners Association (HOA)? How much do you have to pay and what does it cover? In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential, and discuss what HOA fees include, who pays them, are they negotiable and how are they collected. We also explore if you have to pay HOA fees if you aren't using the amenities/facilities and what happens if you don't pay the fees.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-do-hoa-fees-include
We discuss the following items:
- What's included in HOA fees?
- Do all residents have to pay an HOA fee? How often are they collected?
- Are they negotiable?
- Is there a difference between an HOA (and fees) for condos or single family homes?
- Do you have to pay HOA fees if you don't use HOA facilities or amenities?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So what are the top things to look for when buying a home? How about after you buy? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss the top 5 things to look for when buying a home, how times should you visit the home you intend to buy and key things to do after purchase.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/5-best-tips-on-what-to-look-for-when-buying-a-house
We discuss the following items:
- Top 5 tips all home buyers should look at before buying a home
- How many times should you view a home or show home?
- Do you need a lawyer to buy a home?
- Key things to do AFTER buying a home
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential and discuss the difference between an HOA and a condo board, including fees, impact on tenants and use of facilities both inside a condo and within a community.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/difference-between-homeowners-association-hoa-and-condo-board
We discuss the following items:
- Difference between HOA and Condo Board, including fees
- Impact on tenants
- Use of facilities inside a condo and within a community
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In part 2 of our two-part series on homeowner's associations (HOA), we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential, and discuss if tenants are responsible for HOA fees, if guests can use HOA facilities and if you can rent HOA facilities. We also explore what happens if no one volunteers for an HOA. Make sure to listen to part 1: http://hombuyersschool.libsyn.com/what-is-a-homeowners-association-including-purpose-rules-and-responsibilities
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-included-in-a-homeowners-association-hoa
We discuss the following items:
- Are tenants responsible for HOA fees?
- Can guests use HOA facilities?
- Can you rent HOA facilities?
- What happens if no one volunteers for an HOA?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Does it cost more to build or buy a house? What are the costs you need to know of each? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss the pros and cons of building and buying a home. We also explore if building a house costs more and how long it normally takes to build a home.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/cost-of-building-vs-buying-a-home-in-2019-which-is-cheaper
We discuss the following items:
- Cost of buying vs building a home
- Pros and cons of building and buying
- It is actually more expensive to build a home?
- How long does it take to build a home?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering what is the purpose and responsibilities of a Homeowner's Association? Who is involved and how do you join? In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential, and discuss what is a Homeowner's Association (HOA), what does it include and amenities they provide. We also explore rules, governance and when an HOA is created. This is part 1 of our 2 part series on Homeowner's Association.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-a-homeowners-association-including-purpose-rules-and-responsibilities
We discuss the following items:
- What is a homeowners association (HOA)?
- What's included and what are the amenities of an HOA?
- What are the rules and governance?
- How are rules created and how can people join?
- When is an HOA created/established in a community?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Not sure where you want to buy your next home? What are some things to consider when choosing the best place to live? In this episode, we talk with Heather Cockerline, Community Experience Lead with Brookfield Residential, and discuss how to choose where to live when buying a home, key things to look for in a community and how to experience a community/neighbourhood before living in it. We also explore how your finances play a role in choosing where to live.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-where-to-live-when-buying-a-home
We discuss the following items:
- How to choose where to live when buying home
- Key things to look for when choosing a community
- How to experience a community before buying a home
- What role does financing have to play when choosing where to live
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering what are the best new home upgrades to consider when buying a new home? In this episode, we talk with Eddy D'Ambrosio, Realtor with Remax Elite, and discuss best home upgrades to increase home value, home improvements that increase value, and looking at exterior upgrades as well.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/home-upgrades-that-add-value-to-your-home-in-2019
We discuss the following items:
- Best upgrades that increase home value
- Kitchen, bathrooms, countertops, flooring
- Home improvements that can improve value? Low-cost options?
- The balance between money spent on new home and upgrades that increase value
- Exterior upgrades
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Are you in the market for new carpet or planning to replace the one you have? Bought a new home and need to choose a carpet? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential and discuss the different types of carpet, which is the most durable and best ones for pet owners. We also explore how to clean carpet stains (especially pet messes) and why you need to have your carpets professionally cleaned.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-many-types-of-carpet-are-there-and-how-to-choose-the-best-one
We discuss the following items:
- What are the different types of carpets for a home?
- Which one is the most durable? Easiest to clean?
- Best for pet owners?
- How to clean your carpets including spot stains
- Why a professional cleaning is important
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode, we talk with Kurt Gibson, Director of Construction Management with Brookfield Residential and discuss what first-time homebuyer's need to know about their new home's drainage system including how it works and how it's built. We also explore potential issues affecting draining such as altered grading. Finally, we also talk about weeping tile and impact on drainage.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-a-drainage-system-work-in-a-new-house
We discuss the following items:
- What new homeowners need to know about their drainage system?
- How it works and how it's built
- What are other potential drainage issues to know?
- How does altering your home's grade impact your drainage system?
- What is weeping tile and how is affect drainage?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Changing the finish of your hardwood floors? Which is the best one to use? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, we discuss the type of hardwood floor finishes including why you would want to apply a finish to hardwood floors and how often they need to be sealed/resealed. We also explore the best type of polyurethane for hardwood floors and benefits of factory finished hardwood.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-finish-for-hardwood-floors
We discuss the following items:
- Why would you want to finish hardwood floors?
- Why do your hardwood floors need sealing?
- How often do you need to reseal your floors
- Treating hardwood floor for damage
- What's a good polyurethane for hardwood floors?
- Benefits of factory finished hardwood floors
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you just bought a brand new home. What are your landscaping responsibilities? In this episode, we talk with Kurt Gibson, Director of Construction Management with Brookfield Residential and discuss landscaping for a new construction home. We explore what home builders provide for landscaping, some tips for new homeowners, mistakes to avoid and impact of the house settling.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/landscaping-for-a-new-home-what-new-homeowners-must-know
We discuss the following items:
- What your home builder provides in terms of landscaping when buying a brand new?
- New homeowner landscaping tips
- Grading, house settling and landscaping
- Homeowner landscaping responsibilities
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to replace or fix your tile countertops? What replacement options do you have? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and discuss changing your tile countertops including if you can paint over, reglaze them or put granite over. We also look at the various replacement options.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-your-options-when-fixing-or-replacing-tile-countertops
We discuss the following items:
- Replacement options for tile countertops
- Can you paint over ceramic tile?
- Can you reglaze tile countertops?
- Can you put granite over tile?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering how your home is heated, cooled and vented? How is it part of the construction of a new home? In this episode, we talk with Kurt Gibson, Director of Construction Management with Brookfield Residential and discuss HVAC in a new construction home. We explore what an HVAC is, how it works, costs and different types found in new builds. We also talk about maintenance, repairs and replacement.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-does-an-hvac-work-in-a-home
We discuss the following items:
- What's an HVAC and how does it works?
- Is an HVAC included when building a new home?
- What are the common types of HVAC?
- How would an HVAC be maintained and/or repaired? Costs?
- Cost for replacing an HVAC
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering how the interior of your new home was designed? What was the inspiration? What other design options are there? In this video, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential and discuss the difference between modern and contemporary interior design and how they are represented in a home. We also explore traditional and transitional interior design. Finally, we also talk about what's popular and what you can find in today's homes.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-difference-between-modern-and-contemporary-interior-design
We discuss the following items:
- Difference between modern and contemporary interior design
- How each is represented in a home including furniture and materials used
- What do current home builders use when designing their homes?
- Traditional vs transitional design
- Does interior design impact how a house is built?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
If you are planning to buy a home, how much does it cost to maintain it? In this episode, we talk with Eddy D'Ambrosio, Realtor with Remax Elite, and discuss what costs you need to be aware of after buying a home. We also explore home upgrades you'll want to consider to increase home value and why you need to regularly keep up with your home maintenance.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-much-does-it-cost-own-and-maintain-a-house
We discuss the following items:
- Cost of owning and maintaining a home
- Home upgrades to consider for resale and maintenance
- Why kitchen and bathroom upgrades are usually a priority
- Why it's important to keep up with regular home maintenance
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering how long you have to wait before you can move into your brand new home? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential, and discuss how long it takes to build a brand new home including the stages such as framing, mechanical installation and final walk-through. We also explore common issues that could impact home construction timelines.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-long-does-it-take-to-build-a-home-from-start-to-finish
We discuss the following items:
- Steps when building a new construction home including:
- Permits
- Foundation
- Framing
- Mechanical finishing
- Interior finishing
- Walkthroughs
- Possession
- Common issues that delay home construction
- At what construction stages can you do a walkthrough of your new home?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and discuss which material you should use for cabinet doors in your new home: MDF (medium-density fiberboard) or wood. We explore what is MDF and compare with wood on costs, durability and staining. Finally, we talk about what are the best situations to use either.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-wood-is-best-for-kitchen-cabinets-mdf-or-solid-wood
We discuss the following items:
-
Which should you use for cabinet doors? MDF or solid wood?
- What are the best situations to use either?
- Cost and durability of MDF
- Which would you use if you want to stain or paint?
- Maple vs. MDF
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you're ready to buy a home and reviewing your budget. What other costs, besides the purchase price of the home, do you need to know? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential, and discuss what are the closing costs on a new home including costs for lawyers, landscaping, homeowner association fees and more. We also explore if you can move some of your closing costs into your mortgage.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-included-in-the-closing-costs-when-buying-a-home
We discuss the following items:
- Closing costs on a new home
- Potential homeowner association fees
- Other types of hidden fees
- Are there any additional costs for living in a brand new community?
- Can you move some of your closing costs into your mortgage?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to install hardwood stairs in your home? How much do they cost? Are they durable? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and discuss hardwood stairs installation costs, durability and how slippery are they. We also explore if they are ideal for homes with pets and if they are waterproof.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-much-does-it-cost-to-install-hardwood-stairs
We discuss the following items:
- Cost to installing hardwood stairs and how are they installed
- Durability
- Are hardwood stairs slippery? And what about carpet runners?
- How waterproof are they?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
In this episode, we discuss what you should know during a home inspection for a new construction home. We explore what questions to ask when meeting your construction team and knowing what's covered under a new home warranty. We also talk about why an inspection is a great opportunity to learn how your home works.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-to-look-for-in-a-new-construction-home-inspection
We discuss the following items:
- What are the key items of your new home to review when going through a home inspection?
- What are some questions to ask and things that should be a concern?
- What does your new home warranty cover if there are any repairs or defects to be made
- Why a home inspection is a great way to learn how your new home works
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Thinking about including some upgrades when buying a new home? What do other home buyer's include? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and look at the most common upgrades home buyer's usually select, how these upgrades impact your mortgage, and timelines when upgrades can be included with a new home purchase.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/new-home-upgrades-typical-home-buyers-choose
We discuss the following questions:
- What does the typical home buyer choose to upgrade?
- Are these upgrades included in the mortgage?
- When's the cutoff to include/choose upgrades during a new home build?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
So you've scheduled (or about to) an appointment to get pre-approved for a mortgage. What are the items you need to have at this meeting? In this episode, we talk with Mujtaba Syed, Mobile Mortgage Specialist with TD Canada Trust, and discuss what documents you need to bring to your mortgage pre-approval meeting. We see if there are any costs to get pre-approved, if you can do it all online and other ways to prepare for your appointment.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/documents-needed-for-mortgage-pre-approval
We discuss the following questions:
- What are some items you need to bring to the mortgage pre-approval process?
- Is there a cost to get pre-approved?
- Do I need to go to a bank to get pre-approved? Can I do it all online?
- Other ways to prepare for a mortgage pre-approval meeting
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Ready to start exploring your housing options? Getting a mortgage pre-approval essential but how long do you have to wait? In this episode, we discuss how long it takes to get pre-approved for a mortgage, the average time for pre-approval and questions you need to ask your mortgage specialist or advisor.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/how-long-for-mortgage-pre-approval
We discuss the following questions:
- How long does a mortgage pre-approval take?
- Key questions to ask your mortgage specialists or advisor?
- What's the average timeline for approval?
- and more...
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
In this episode, we talk with Mujtaba Syed, Mobile Mortgage Specialist with TD Canada Trust, on how to get a mortgage pre-approval in Canada, the steps to get started, differences in mortgage specialists, collateral and more...
See video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-get-pre-approved-mortgage-in-canada
We discuss the following questions:
- How to get pre-approved for a mortgage in Canada
- Steps to applying for a mortgage in Canada and
- What banks look for during the pre-approval process
- Does type of job matter? Full-time? Part-time? Consultant?
- Difference between mortgage specialists for banks and private organizations
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree, we discuss minimum down payments requirements at different purchase levels and if there are any provincial differences.
See video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/how-much-do-i-need-down-payment-when-buying-a-home
We discuss the following questions:
- How much do I need for down payment in Canada?
- Difference between different provinces?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
In this episode, we talk about the average or typical down payment when buying a home.
See video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/average-down-payment-when-buying-a-home
We discuss the following questions:
- What's the standard, typical down payment on a home?
- Is there a difference on down payments for a resale vs. a new home?
- Does the type of home affect down payment? Condo vs. Single Family vs. Town home?
- Is there an average down payment that first home buyer's can afford?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
In this episode, we talk with Cory McDonald, Community Advisor with Brookfield Residential, about the costs of building vs. buying a home. We also look at the benefits of each and the impact of resale.
See video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/cost-of-building-a-house-vs-buying-which-is-better
We discuss the following questions:
- What are the costs of building vs. buying
- Benefits of building and buying
- Can you buy land directly from a developer?
- How does resale impact your decision?
Have any questions or show topic suggestions? Contact us:
Email:
live.calgary@askbrookfield.com
live.edmonton@askbrookfield.com
Web: homebuyersschool.ca
Deciding between ceramic, porcelain or cement tile for your home? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and discuss the differences between the three, the cost of each and installation as well as their durability. We also explore if they can be stained or coloured, and if they need underlayment.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/ceramic-vs.-porcelain-vs.-cement-tile-which-one-is-better-for-your-home
We discuss the following items:
- Differences between ceramic vs. porcelain vs. tile
- Costs of each (including installation)
- Durability and how often do they need to be replaced
- Are they already stained?
- Do you need tile underlayment for each?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So your new home is finally built and you're close to taking possession. What do you need to know when doing the final walkthrough? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential and discuss what to look for and expect during the final walkthrough with your home builder. What happens if you find any defects or imperfections? And can you ask for more than one walkthrough?
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-should-i-look-for-in-a-final-walk-though-of-a-new-home
We discuss the following items:
- What should I know and expect before the walkthrough before closing on a new home?
- What happens if you find any defects or imperfections during your walkthrough?
- Is there an opportunity to do more than one walkthrough?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you want to protect your new tile? What type of underlayment should you use? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and discuss what is tile underlayment and what's it used for. We explore the different types and brands as well as how thick it should be to be effective.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-tile-underlayment-and-whats-it-used-for
We discuss the following items:
- What is tile underlayment membrane and what is it used?
- What are the different types of underlayment? Common brands?
- What's the best underlayment to use?
- How thick should tile underlayment be?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
When you are buying a house, how does the contract between buyer and seller work? What's in the agreement and how binding is it? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential, and discuss what is a real estate purchase contract and when it happens. We also explore up to what point can you cancel or get out of the contract.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-a-real-estate-purchase-contract-and-how-binding-is-it
We discuss the following items:
- What is a real estate purchase contract?
- Can you cancel your contract? When can you do it?
- How does your mortgage approval play into the agreement?
- Up to what point can you get out of your purchase agreement?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
If you just bought a new home, do you have low water pressure? Is that normal? In this episode, we talk with Kurt Gibson, Director of Field Operations with Brookfield Residential, and discuss what is considered normal water pressure, does water pressure fall in line with the city's pressure and how to raise your water pressure.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/water-pressure-in-a-new-home-what-first-time-home-owners-need-to-know
We discuss the following items:
- What's considered normal water pressure in a new home?
- Does your home's water pressure fall in line with the city's average?
- How do you increase water pressure in a new home?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering how a zero lot line home differs from a traditional lot home? Why would you buy one over the other? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential, and discuss the differences between the two types and associated costs. We also explore zero lot line wall construction and zoning. Finally, we look at how living in a zero lot line home impacts your relationship with neighbours.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-difference-between-a-zero-lot-line-home-and-a-traditional-lot-home
We discuss the following items:
- How does a zero lot line home differ from a traditional lot?
- Why are houses built that way?
- What about zero lot line wall construction?
- Zoning for zero lot line homes
- Impact on your neighbours if you live in a zero lot line home
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Did you just buy a brand new home and are noticing cracks along your drywall? Not sure if it's normal or the beginning of a larger problem? In this episode, we talk with Kurt Gibson, Director of Field Operations with Brookfield Residential, and discuss what are house settling drywall cracks and why they happen. We also explore how to tell the difference between normal settling and a more serious issue.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-kiln-dried-lumber-and-how-is-it-used-when-building-a-home
We discuss the following items:
- What are drywall cracks from house settling and why they happen?
- About vertical and horizontal cracks
- How about windows not closing or doors not fitting?
- How to tell if the cracks are normal or part of a more serious structure issue?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
When buying a new construction home, you may have heard of kiln dried lumber. It's probably the wood used for your house. In this episode, we talk with Kurt Gibson, Director of Field Operations with Brookfield Residential and discuss, what it is and how it's used in the home construction process. We debunk some myths, explore types of wood used and talk about the importance of moisture.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-kiln-dried-lumber-and-how-is-it-used-when-building-a-home
We discuss the following items:
- What is kiln dried lumber and how's it used in the home construction process?
- Can it be from any type of tree?
- Why is moisture content important for kiln dried lumber?
- Does it absorb moisture?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Wondering what's the warranty when buying a new construction home in Alberta? What does it cover and for how long? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential, and discuss the Alberta New Home Warranty program and what it covers. We explore the one, two, five, and ten-year warranty coverage as well as if it's transferable and if you can extend it.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/alberta-new-home-warranty-program-what-first-time-home-buyers-need-to-know
We discuss the following items:
- What is the Alberta New Home Warranty Program
- What does it cover and for how long?
- Who pays for the deficiencies?
- The one, two, five, and ten-year warranty coverage
- Is it transferable?
- Can you opt out? Is it mandatory?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
So you've just bought a new house but started to see some physical issues crop up. Whether that's drywall cracking, windows sticking or doors harder to close. Wondering if there is something wrong with your house or is this just part of buying a new home? In this episode, we talk with Kurt Gibson, Director of Field Operations with Brookfield Residential, and discuss what is house settling and what's considered normal. We answer how long does the settling it last for and what's considered normal versus actual foundation issues? Finally, we also discuss what happens if you have foundation issues after your home warranty expires.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-does-it-mean-for-a-house-to-settle-and-whats-considered-normal
We discuss the following items:
- What is house settling and what's considered normal?
- Can you see your house actually move if it's settling?
- How long does a house settle for?
- Difference between house settling and actual foundation issues?
- When should you worry?
- What if foundation issues happen AFTER your warranty expires?
- What are normal house settling noises?
Have any questions or show topic suggestions? Contact us:
Email:
support@homebuyersschool.ca
Web: homebuyersschool.ca
Planning to buy a new construction home? What are some safeguards to protect you from any physical issues that can come from a new build? In this episode, we talk with Kristy Seibert, Area Manager with Brookfield Residential and discuss what is home warranty and is it really worth it?
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-home-warranty-and-is-it-worth-it
Looking to get a great deal on your next home purchase? How do you negotiate with a seller or a salesperson, especially in a buyer's market? In this episode, we talk with Eddy D'Ambrosio, Realtor with Remax Elite, and discuss best ways to negotiate house price, how to do market research and what are some tactics to use.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/negotiating-house-price-in-a-buyers-market
So you're planning to move into your new home, how do you get started? In this episode, we talk with Nate Edwards, Co-founder with Virtuo, and discuss how to organize and pack your move, what outside help to consider and when should you actually start packing.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-organize-and-pack-your-move
Not sure if you should continue renting or buy a home? What are the benefits of both? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss advantages of renting and owning a home, what if you don't have enough for a down payment and home builder graduated payment plans
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-advantages-of-owning-vs.-renting-a-home
Planning to buy another home? What are the mortgage implications? Can/how do you transfer a mortgage? Can you get two mortgages? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust and discuss how multiple mortgages work and mortgage portability.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/can-i-get-a-second-mortgage-on-a-second-home
In this episode, we talk with Kevin French, Realtor with Remax Realty, and discuss questions to ask before choosing a real estate agent including how they will market your home and their qualifications. We also look at how many realtors should you interview before choosing.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/questions-to-ask-when-choosing-a-realtor-to-sell-your-home
Are you self-employed and wondering about getting a mortgage? What are key differences to someone working for another organization? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust and discuss qualifying for a mortgage if you are self-employed and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-qualify-for-a-mortgage-if-you-are-self-employed
Found a home you really want to buy but worried you won't be able to sell your home in time? In this episode, we talk with Kevin French, Realtor with Remax Realty and discuss if you need to sell your home before buying a new one. We explore what happens if your house doesn't sell in time and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/buying-and-selling-house-at-the-same-time
Wondering how to get the best mortgage rate? How do you negotiate rates with a bank or lender? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust, and discuss if you can negotiate mortgage rates with a bank or lender, potential negotiating tips and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/can-i-negotiate-my-mortgage-rate-and-how-do-i-get-the-best-rate
When buying a new home, not sure what to look for in a floor and/or house plan? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss how to choose the right floor plan and tips for going through them.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-right-floor-and-house-plan
Wondering what is mortgage insurance? When do you need it? How much does it cost? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust, and discuss the three types of insurance tied to the mortgage process. We explore how long you have to pay and need mortgage insurance.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-is-mortgage-insurance-and-when-do-you-need-it
How does the mortgage stress test affect your ability to buy a home? In this episode, we talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust and explore how the stress test is applied for those who put more or less than a 20% down payment. We review how it impacts variable/fixed-rate mortgages and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/mortgage-stress-test-explained
Applying for a mortgage or trying to get pre-approved? Worried about getting declined? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust as we discuss what to do next if your mortgage application is denied and the importance of a second opinion.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-to-do-next-if-your-mortgage-application-is-declined
When buying a home, wonder what upgrades you should consider to increase its' value? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential and discuss the home upgrades that provide the best return and why kitchen and bathrooms should be on your upgrade list.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-best-home-upgrades-to-increase-your-homes-value
With the recent interest rate increases, which mortgage would be better for you in 2018: fixed or variable? In this episode, we talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust, and we discuss how to factor the interest rate increases into your decision and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/fixed-or-variable-mortgage-which-is-better-for-2018-and-beyond
Planning on installing new carpet in your home? What's the best type of underlay to install? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential and discuss how to choose the best underlay for your home including what it is, where to install and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-carpet-underlay-for-my-home
Wondering how the recent interest rate hikes have impacted your ability to qualify for a mortgage and buy a home? In this episode, we talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and we discuss how rising interest rates affect mortgage rates and down payment.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-rising-interest-rates-affect-mortgages-and-your-ability-to-buy-a-homerates
Wondering what type of flooring you should be putting in your basement and/or concrete floor? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residential, and we discuss what's the best basement flooring over concrete and how to choose it based on your lifestyle.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-are-the-best-basement-flooring-options-over-concrete
Applying for a mortgage? Want to know more about interest rates? Watch this episode, as talk with Mujtaba Syed, Manager Mobile Mortgage Specialist with TD Canada Trust, and discuss what is a good interest rate when buying a home. We also explore if it's better to have a shorter or longer term mortgage.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-a-good-interest-rate-on-a-mortgage-in-canada
If you are looking at installing new countertops which one should you choose: Quartz, marble or granite? What are the properties of each? In this episode, we discuss how to choose the best countertop for your home, how often you need to seal and clean it and pricing between the three types.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-countertop-marble-vs.-granite-vs.-quartz
If you're in the market to buy a home, wondering how long it takes to make the purchase? What are the steps involved when buying? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residental and we discuss the time frame to purchase a home, whether it's a resale home or a new home.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-long-does-it-take-to-find-and-buy-a-home
Want to know if luxury vinyl plank flooring is right for your home? In this episode, we talk with Deborah Armstrong, Senior Interior Designer with Brookfield Residental, and discuss what is luxury vinyl plank flooring and its' benefits including scratch resistance, waterproofing, installation, lifespan and more.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-a-home-builder-thats-right-for-you
Planning to buy a new home? How do you decide between the different home builders? What questions should you ask? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss how to choose the right home builder for you while considering their different specialities and styles.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-a-home-builder-thats-right-for-you
Wondering what the differences are between engineered and solid hardwood? In this episode, Deborah Armstrong, Senior Interior Designer with Brookfield Residential discusses what these differences are including benefits, cost comparison and scratch resistance. We also explore how often you need to change your hardwood.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/engineered-vs.-solid-hardwood-whats-the-difference
Wondering if it's a good time to buy a home? Especially in 2018? In this episode, we talk with Cory McDonald, Community Manager with Brookfield, and discuss if it actually is a good time to buy a home and how to determine when is a good time to buy.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/is-2018-a-good-time-to-buy-a-house
In this episode, Deborah Armstrong, Senior Interior Designer with Brookfield Residential, discusses how to choose the best flooring and which types are scratch resistant. We also explore if you can use the same flooring for the entire house and which type is best for kitchens.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-best-flooring-for-your-home
Do you need to buy a home quickly? Where do you begin? In this episode, Cory McDonald, Community Manager with Brookfield Residential discusses how to buy a house fast, with whom to connect with and how to start looking. We also explore issues you may run into and potential cost implications.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/whats-the-fastest-way-to-buy-a-home
We've all been there. The decision to leave home and start living on your own. In this episode, Nate Edwards, Co-Founder of Virtuo, discusses when is the best time to move from your parent's house and how to do it. We also explore key things to set up in your new place.
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/when-and-how-to-move-out-of-your-parents-house
When buying a home for the first time, what are some things you need to know? In this episode, Cory McDonald, Community Manager with Brookfield Residential, discusses key things to know before buying a home, why you shouldn't rush the buying process and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/what-should-i-know-and-look-for-before-buying-a-house-for-the-first-time
So you're ready to move out and into a new home. But what are the moving expenses to think about? and how do you budget for the move? In this episode, Nate Edwards, Co-founder of Virtuo, discusses the cost of moving, such as the physical move (packing boxes), associated costs (setting up utility) and more...
Prefer to watch the video or read and take notes? See the transcript:
https://stories.brookfieldresidential.com/homebuyersschool/costs-to-consider-when-moving-out-for-the-first-time
Are you in your 20s and 30s? Planning to buy a home? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss how to buy a home at a young age including what costs to consider and whether location or price is a priority?
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-buy-a-house-in-your-20s-and-30s-expert-tips-you-need-to-know
Are you moving out for the first time? On a limited budget? In this episode, Nate Edwards, Co-founder of Virtuo, discusses how to save money when moving out including the type of moving help you'll need, where to find boxes, getting a moving vehicle and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-move-out-for-the-first-time-on-a-budget
Are you considering buying a home? Do you actually need a real estate agent to make the purchase? In this episode, Cory McDonald, Community Manager with Brookfield Residential discusses if you should buy a house without a realtor and how to buy a home WITHOUT one.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/everything-you-ought-to-know-when-buying-a-house-without-a-realtor
Getting ready to move? How long does moving actually take? In this episode, Nate Edwards, Co-founder of Virtuo, discusses the timeline of a move, what to expect on moving day, working with your moving team and the process of moving into your new home.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-long-does-it-take-to-move
Are you a first time home buyer? Wondering what are the most important questions to ask when buying your first home? In this episode, Cory McDonald, Community Manager with Brookfield Residential, discusses key home buying questions in the areas of home type, price, fees, location and, and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/most-important-questions-to-ask-when-buying-a-house-for-the-first-time
Getting ready to move? How to do get started so you don't make mistakes or get overwhelmed come moving day? In this episode, Nate Edwards, Co-found of Virtuo, discusses the three most common moving mistakes. We also explore how to hire moving professionals if you don't want to do it yourself.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-avoid-the-most-common-moving-mistakes
Planning to buy a condo for the first time? Where do you begin? In this episode, Karen McDonald, Community Manager with Brookfield Residential, discusses the key things to consider when buying a condo such as where to get information and top questions to ask before buying.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-are-key-things-to-know-and-consider-when-buying-a-condo-for-the-first-time
So you are moving out for the first time. Where do you begin and what are the steps to make the move as painless and stress-free? In this episode, Nate Edwards, Co-found of Virtuo, discusses what you need to know when moving out for the first time, where to get started and who to talk to.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-you-need-to-know-when-moving-out-for-the-first-time
So how do you avoid the costly mistakes when buying a condo? The ones that could set you back financially for several years. In this episode, Karen McDonald, Community Manager with Brookfield Residential, discusses what condo buyers must do to ensure they make the right decision.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/costly-mistakes-you-must-avoid-when-buying-a-condo
Planning to sell your home? What are the key mistakes you must avoid so you can get a better return? In this episode, Eddy D'Ambrosio, Realtor with Remax Elite, discusses some pivotal mistakes people make when selling their home, the role of your real estate agent (if using one) and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-avoid-key-mistakes-when-selling-your-home
Need to know the difference when buying a condo or house? Which one is right for you? In this episode, Karen McDonald, Community Manager with Brookfield Residential discusses what differs when purchasing a condo, townhome or house. We also explore what exactly you own in terms of space and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/difference-when-you-buy-a-condo-or-a-house
Considering buying an older or resale home? What should you know before making a purchase? In this episode, we discuss key factors home buyers must know when buying an older home such as budget, home condition and location. We also explore if/when to use a home inspector.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-avoid-making-a-mistake-when-buying-an-older-home
Planning to buy a condo or townhome? Wondering if there are any additional or hidden costs during purchase? In this episode, Karen McDonald, Community Manager with Brookfield Residential, discusses whether there are any hidden fees or costs when buying a condo and explore what type of home insurance you need.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-are-the-hidden-or-additional-costs-when-buying-a-condo
Thinking about hiring a real estate agent? Wondering how much they charge? In this episode, we discuss real estate agent commission and if you have to pay a realtor if you are buying a home. We also explore how much you need to pay an agent to sell your home and what services are included.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/real-estate-agent-commission-how-do-realtors-get-paid-in-canada
Condo fees are a significant cost when buying a condo. Wonder if they include the property tax as well? In this episode, Karen McDonald, Community Manager with Brookfield Residential discusses if property taxes are included in your condo fees and if you can claim the fees from your taxes. Prefer to watch the video or read and take notes? See the transcript: http://stories.brookfieldresidential.com/homebuyersschool/do-condo-fees-include-property-tax-in-canada We discuss the following items: Are property taxes included in my condo fees? Can you deduct or claim condo fees when doing your taxes? Are condo fees tax deductible for a rental property? Have any questions or show topic suggestions? Contact us: Email: live.calgary@askbrookfield.com live.edmonton@askbrookfield.com Web: homebuyersschool.ca
When buying a house, wondering how you pay down your mortgage? How much do you need to pay? How often? In this episode, Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, discusses how mortgage payments work, how payments are calculated and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-do-mortgage-payments-work-in-canada
Planning to buy a home? How much should you save to buy it? In this episode, Troy Champ, Mortgage Advisor with Mortgage Tree walks through how much to save for a down payment, programs to help you save and when you should start, especially if you are a first time home buyer.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-much-to-save-for-down-payment-on-house
Whether it's buying your first home or your third, do you wonder how long should you own your home before selling? In this episode, Bridgette Beaulieu, Area Manager with Brookfield Residential discusses how long to stay in your home before putting it on the market. We also look at how life stage impacts how long you stay in a home.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-long-should-i-own-a-house-before-selling
Are you on a variable rate mortgage? Wondering when's the best time to lock in? In this episode, we discuss when should you lock in your mortgage rates and what are some key items to look at (i.e. prime rate) before making the decision. We also look at if you can lock your mortgage rate at any time or if you need to get a new mortgage. Prefer to watch the video or read and take notes? See the transcript: http://stories.brookfieldresidential.com/homebuyersschool/when-should-i-lock-in-my-mortgage-rates We discuss the following items: When to lock in your mortgage rates How the prime rate affects your decision Can you lock in your rate at any time or do you have to get a new mortgage? Have any questions or show topic suggestions? Contact us: Email: live.calgary@askbrookfield.com live.edmonton@askbrookfield.com Web: homebuyersschool.ca
Are you planning to visit a showhome but not sure what to look for? In this episode, Bridgette Beaulieu, Area Manager with Brookfield Residential, walks us through what to do before visiting a showhome and what to look for during the visit.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-home-buyers-ought-to-know-when-visiting-a-showhome
Are you planning to buy your first home? Want to avoid mistakes other first time home buyers regularly make? In this episode, we are joined by Bridgette Beaulieu, Area Manager with Brookfield Residential, and we discuss the top mistakes made when purchasing a home for the first time and what you can do to avoid them.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/common-mistakes-first-time-home-buyers-make
Wondering if you can buy a house with zero money down? What are your other options? In this episode, I talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and we discuss if you can purchase a home with no down payment and what alternatives you have to help you buy.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/can-you-buy-a-house-without-a-down-payment
Are you a first time home buyer and need some tips or advice before buying? What are some key things to look for? In this episode, I talk with Bridgette Beaulieu, Area Manager with Brookfield Residential, and we discuss four key things you must consider before buying your first home.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/proven-tips-for-first-time-home-buyers-in-canada
So you want to buy a home but don't think you can afford the down payment? In this episode, I talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and we discuss your options such as gifting, flex down payment and other down payment assistance opportunities.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-if-i-cant-afford-a-down-payment-on-a-house
Looking to get pre-approved for a mortgage but have a low credit score? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and discuss how to get approved for a mortgage with bad/low credit score and what's the minimum credit score to get pre-approved.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/pre-approved-for-a-mortgage-with-bad-credit-in-canada
Planning to buy a condo or townhome? Worried about the condo fees and if you can negotiate for a lower fee? In this episode, I talk with Karen McDonald, Community Manager with Brookfield Residential, we discuss if condo fees can be negotiated and what if they increase due to a condo board decision you disagreed with.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/can-i-negotiate-condo-fees
Wondering when to get pre-approved for a mortgage during the home buying process? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and we discuss when and how far in advance of buying a home should you look to get pre-approved, how long pre-approvals last for and more...
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/when-should-i-get-pre-approved-for-a-mortgage
Planning to buy a condo but wondering how the condo board will affect you and your new home? In this episode, I talk with Karen McDonald, Community Manager with Brookfield Residential, and we discuss the role of the condo board, how to join, options if you disagree with their decision, and more.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/roles-and-responsibilities-of-a-condo-board
Is your current mortgage about to come up and you're looking for better rates? Or do you have some additional equity you want to spend? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and we discuss what does it mean to refinance your mortgage.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-does-it-mean-to-refinance-your-mortgage-and-when-to-do-it
Looking to buy a condo? Worried about condo fees rising? In this episode (part two of our series on condo fees - Listen to Episode 40 for Part One: What do condo fees cover?), I talk with Karen McDonald, Community Manager with Brookfield Residential, as we discuss risks of condo fees rising, how they are calculated and more...
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/risk-of-condo-fees-increasing
Looking for the best/lowest mortgage rates? How do you compare between the banks in Canada? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and we discuss what the rate differences are between the banks, how to find the best rates, and more...
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-compare-mortgage-rates-between-the-banks-in-canada
Thinking about buying a condo or townhome? What are condo fees and what do they include? In this episode (part one of our two-part series on condo fees), I talk with Karen McDonald, Community Manager with Brookfield Residential, we discuss what do condo fees pay for, how often they are paid, what's a reserve fund and more...
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-do-condo-fees-include
When choosing the type of mortgage, when would you pick open vs. closed? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialists with TD Canada Trust, and discuss the differences between the two, how to pick between them and more...
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/difference-between-open-vs.-closed-mortgage
Whether buying or selling a home, if you are planning to use a real estate agent how do you pick the right one? In this episode, I talk with Eddy D'Ambrosio, Realtor with Remax Elite, and we discuss steps for choosing a realtor and if (or when) you should change realtors if they aren't meeting your expectations.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-a-real-estate-agent-thats-right-for-you
Deciding whether to go with a fixed or variable rate mortgage with your next home purchase? In this episode, we talk with Mujtaba Syed Manager - Mobile Mortgage Specialist with TD Canada Trust, and discuss the difference between the two types and what the recommendation is for first time home buyers.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/difference-between-a-variable-and-fixed-rate-mortgage-in-canada
Can your first home be an investment property? In this episode, we talk with Eddy D'Ambrosio, Realtor with Remax Realty, and discuss how your first home is an investment in the future and how it could be more profitable than renting.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/should-my-first-home-be-an-investment-property
Wondering about the new Canadian mortgage rules and accompanying stress test for 2018? How does it impact your ability to buy a home? In this episode, I talk with Mujtaba Syed, Manager - Mobile Mortgage Specialist with TD Canada Trust, and review the new rules and explain what the stress test is.
Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/new-mortgage-rules-and-stress-test-in-canada
Found a home you really like but it's a bit of a fixer-upper? What are some things to consider before you make that purchase? In this episode, I talk with Eddy D'Ambrosio, Realtor with Remax Elite, and look at the pros and cons of buying a house that needs some renovations. We also look why you may want to hire a home inspector.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/pros-and-cons-of-buying-a-fixer-upper-home
Wondering how any financial debts could affect your ability to get pre-approved for a mortgage? In this episode, we talk with Mujtaba Syed, Manager - Mobile Mortgage Specialists with TD Canada Trust, and look at the impact of financial debts on mortgage pre-approval, what an insured mortgage is and how to get one.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-get-approved-for-a-mortgage-with-student-loans
When you are planning to buy your home, how do you choose the location? In this episode, we talk with Eddy D'Ambrosio, Realtor with Remax Elite, and discuss questions you should ask when determining the location. We also review how to choose locations related to quadrant, community, street, lot, and house.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-choose-the-location-of-your-home
In the mortgage pre-approval process, what exactly is a pre-approval letter? Why do you need it? How do you get one? In this episode, we talk with Mujtaba Syed, Manager - Mobile Mortgage Specialists with TD Canada Trust, and explore these questions so you know what to do with the pre-approval letter during your next home purchase.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/what-is-a-pre-approval-letter-for-a-mortgage
If you plan to sell your home, you probably want to make some improvements to get the most return. In this episode, we talk with Kevin French, Realtor with Remax Realty, we look at the best home improvements to make, what are steps to take for an older home, and which ones are the most important to make.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/best-home-improvements-to-make-before-selling-your-home
When buying a new home how do you marry your dream home versus reality? How do you prepare before visiting show homes to manage expectations? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss how to find a home that fits your lifestyle and who to talk to when preparing to buy a new home.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/dream-vs.-reality-buying-a-new-house
Planning to sell your home? Where do you get started? What are the steps to get your house ready for potential buyers to see and visit? In this episode, we discuss the process Realtor Kevin French uses with his clients to ensure they sell their home fast and for most return.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-get-your-house-ready-to-sell
When looking to buy a home, how do you find the right house? Worried you won't be able to find the right one? In this episode of homebuyer's school, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss the necessary steps to take so you find the right house...
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-find-the-right-house-for-me
So you're ready to buy a house? Wondering what the best time of year or month to buy a home? In this episode, we talk with Kevin French, Realtor with Remax Realty, and explore the best time to buy, does the type of home matter when looking at best time to buy, and what about new home vs. resale when planning to buy?
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/when-is-the-best-time-to-buy-a-house
Planning to sell your home? Wondering if you should use a realtor? In this episode of homebuyer's school, we talk with Kevin French from Remax Realty, and look at the positives and negatives of selling your home with and without a real estate agent.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/pros-and-cons-selling-home-with-and-without-a-realtor
When you are planning to buy a new home, do you wonder how much it costs own and maintain it? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and discuss the cost of home ownership, maintenance, key renovations and replacements such as landscaping and appliances.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/cost-to-own-and-maintain-a-new-home
Thinking of selling your home? Wondering if you can do it without using a realtor? In this episode, we talk with Kevin French, Realtor with Remax Realty, and explore if you can sell your home without a real estate agent and just how to do it. We discuss what services can help you and what steps you need to take.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-to-sell-my-house-without-a-realtor
When buying a home (new or resale) do you wonder if you own the land the house is sitting on? In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, and discuss if you also own the land of the house you just purchased. We also look at how the land is owned when buying a duplex or condo and more...
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/when-buying-a-house-do-you-own-the-land-it-is-built-on
When visiting a show home, do you wonder which (if any) of the furnishings and upgrades actually come with the house if you decide to buy it? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and explore the differences in a show home and a home you purchase.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/difference-between-a-new-house-and-a-show-home
Thinking about buying a new home? Where do you start? Who do you talk to? When should I plan to move? In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and explore some of the top questions you need to ask when buying a new home so you can find the right answer to make the best decision.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/question-to-ask-when-buying-new-home-alberta
If you're a first time home buyer, you've probably wondered if there is a specific down payment requirement you need when buying a house. In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and discuss what the down payment is for first time home buyers and how equity from a previous home affects your down payment.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/down-payment-requirement-first-time-home-buyers
When deciding on new home upgrades, you may want to look at improving energy efficiency. It's key to reducing cost and maintenance. In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and look at a few energy efficient upgrades to add to a new home.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/energy-efficient-home-upgrades-to-make
When you're calculating the down payment for a home, you want to know the impacts to your future mortgage. In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and see how your down payments affect your mortgage payments, the minimum down payment before a mortgage must be insured and premiums for insured mortgages.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/how-does-down-payment-affects-mortgage-payment
In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and discuss down payment calculations, how previous home equity is considered, and the role of insurance in down payments.
Prefer to read and take notes, read the transcription:
http://stories.brookfieldresidential.com/homebuyersschool/calculate-down-payment-on-a-house
Deciding which new home upgrades to include is important, especially if you looking at increasing the resale value of your house in the years ahead. In this episode, we talk with Jessica McNabb, Area Manager with Brookfield Residential, and look those key upgrades and why those increase home value for resale.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/best-new-home-upgrades-to-increase-the-resale-value-of-your-home
Knowing your budget is key when buying a home. In this episode, we talk with Mujtaba Syed, Mobile Mortgage Specialist with TD Canada Trust, and discuss how the banks determine how much you can get pre-approved for a mortgage, the significance of your beacon score, the impact of a previous mortgage and should you spend to your pre-approval limit.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/how-much-mortgage-pre-approval
So you're thinking about selling your home? Now you need to know when's the best time to do it. In this episode of Homebuyer's School, we talk with Kevin French, Realtor from Remax Realty, about the best time of year to sell your home and how selling price is affected by that time of year.
Prefer to read and take notes? See the transcripts:
http://stories.brookfieldresidential.com/homebuyersschool/best-time-to-sell-a-house
Finding the right people to help you on the home buying journey can be challenging. In this episode, we discuss the differences between a real estate agent and a mortgage broker as well as their roles in home buying.
Prefer to read or take notes? Read the transcripts here:
http://stories.brookfieldresidential.com/homebuyersschool/difference-between-a-real-estate-agent-and-a-mortgage-broker
In this episode, we talk with Cory McDonald, Community Manager with Brookfield Residential, about negotiating new and resale home prices, some negotiation tactics and how to decide on what to offer.
In this episode, we talk about the importance of a down payment when buying a home and minimum down payment requirements in Canada. Also why Canadian banks need to verify the source of down payments.
See video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/why-is-a-down-payment-important
Learn more at:
www.homebuyersschool.ca
In this episode, we talk about the various elements related to the purchase price of a new home. We discuss hidden costs and basement price.
See the video with transcription:
http://stories.brookfieldresidential.com/homebuyersschool/whats-included-in-the-purchase-price-of-a-new-home
Learn more at:
www.homebuyersschool.ca