St. Thomas and Elgin have seen an influx of many newcomers to the area over the last couple of years. We are told it’s a “sellers’ market”. This means purchasers must move decisively in order to obtain the home they want. It does not, however, mean moving recklessly The following are my top ten tips for home-buyers: 1. Engage the services of a reputable real estate broker early in the hunt. If you are new to real estate purchasing, your own real estate representative can provide insight into market trends and favourable locations. If you are new to the area perhaps your home town real estate s ..read more

The government will name someone to decide what happens to your savings and property. This person may also decide who will raise your children. Read More Original Article Source Credits:   Government Of Canada , https://www.canada.ca/ Article Written By:  NA Original Article Posted on:   2017-04-28 Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/financial-toolkit/financial-planning/financial-planning-4/3.html ..read more

Buying a home is one of the most important financial decisions you will ever make. To help you make smart homebuying decisions from start to finish, Canada Mortgage and Housing Corporation (CMHC) offers step by step tips. CMHC's Homebuying Step by Step guide walks you through five key steps to buying a home and includes a number of user-friendly worksheets and a helpful glossary. Read More Original Article Source Credits:   Canada Mortgage and Housing Corporation  , https://www.cmhc-schl.gc.ca/ Article Written By:  NA Original Article Posted on:  NA Link ..read more

In extreme medical or psychological conditions, or if you're travelling or out of touch, you may not be able to make or communicate your decisions. You can name someone to make financial decisions for you when you can't do so yourself. Each province and territory has its own rules for this kind of situation, and different names for the documents you use to authorize someone to act for you. For example, some provinces use a power of attorney for personal care or for property, some use a representation agreement and Quebec uses a mandate in case of incapacity. Read More Original Article Source C ..read more

Under the Voluntary Commitment on Powers of Attorney and Joint Deposit Accounts, Canadian retail banks have agreed to make information about Powers of Attorney available to consumers in their branches and on their websites. If you are dealing with a financial institution other than a bank, ask the institution for information on Powers of Attorney. Read More Original Article Source Credits:   Canada.ca , https://www.canada.ca/ Article Written By:  NA Original Article Posted on:  2017-02-02 Link to Original Article:  https://www.canada.ca/en/financial-consumer ..read more

If you have a complicated estate, there are other ways to reduce the costs of passing on money and property. These include: transferring your property to joint ownership with the person you intend to leave it to setting up a trust fund. Read More Original Article Source Credits:   Government Of Canada , https://www.canada.ca/ Article Written By:  NA Original Article Posted on:  2017-04-28 Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/financial-toolkit/financial-planning/financial-planning-4/5.html ..read more

Canadian real estate prices aren’t just fast growing by local standards. They’re growing fast by any standard. US Federal Reserve data shows real home prices advanced in most of the G7 in Q3 2020. Canada topped the list of advanced countries for annual price gains. This isn’t a new trend though. Canadian real estate prices have become such a focus of speculation, they’ve grown almost 3x faster than the second fastest growing G7 country Read More Original Article Source Credits:   Better Dwelling , https://betterdwelling.com/ Article Written By:  Stephen Punwasi Or ..read more

  Buying a home is one of the biggest financial decisions you will ever make. Knowing your current financial situation helps ensure you buy a home you can comfortably afford. Read More Original Article Source Credits:    Canada Mortgage and Housing Corporation , https://www.cmhc-schl.gc.ca/ Article Written By:  NA Original Article Posted on:  NA Link to Original Article:  https://www.cmhc-schl.gc.ca/en/professionals/industry-innovation-and-leadership/industry-expertise/resources-for-mortgage-professionals/are-you-financially-ready-to-buy-home ..read more

While it may be unpleasant to think about your death when planning your estate, it must be done to ensure your belongings are divided as per your desires after you die. However, when it comes to preparing a Will, you may have a ton of questions but often find answers difficult to come by. To arm you with the most accurate information about Wills and related documents and processes, we’ve answered some of the most frequently asked questions about estate planning. 1. What are the pitfalls if I do not have a valid Will? A Will is a legal document that states your wishes regarding the care of your ..read more

Here are some simple ways to manage your estate and reduce costs: Leave a will. If you die without a will, your estate gets settled according to the laws of your province or territory. Any probate or legal fees that apply will be higher, and your loved ones might not get the money or other assets you want to leave them. Read More Original Article Source Credits:   Canada.ca , https://www.canada.ca/ Article Written By:  NA Original Article Posted on:  2018-08-09 Link to Original Article:  https://www.canada.ca/en/financial-consumer-agency/services/financial-toolk ..read more