Consider all the numbers. Sometimes the lowest loan payment is not always the best way to achieve your goals. You should pay as much as you can comfortable afford to lower your overall cost of interest.
Renovate?
Profit from Home
Ownership.
Buy, Sell or Renovate?
If you are like most Canadian homeowners, the lion's share of the money you invest during your working life will be tied up in your home. In return for your hard-earned dollars, your home provides shelter, comfort, social status, and a feeling of permanence. No other investment can provide you with these benefits.
What's less obvious is that your home is also an investment in real estate - one that has the potential to significantly improve your net worth. However, as with any other financial investment, you need to follow a strategy to succeed.
Ensuring that your home contributes to your financial success is what this guide is all about! Based on input from our team, we have put together 7 strategies that will keep you ahead of the game and ensure that the largest financial investment of your life will be a profitable one.
Determine if you should buy or rent. Use our calculator today!
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