This blog post provides an in-depth guide for homeowners on selecting the right insurance coverage. It highlights common gaps in standard policies, such as exclusions for water damage or natural disasters, and advises on critical features like guaranteed replacement cost and by-law coverage. Practical tips for reducing premiums, calculating coverage needs, and understanding policy features are included. The post concludes with a mention of Deeded's partnership with Insurly, simplifying insurance procurement during the home closing process.

Navigating the path from mortgage pre-approval to homeownership can be daunting for first-time buyers, but a step-by-step approach makes the journey manageable. This guide covers the critical stages, including starting your home search, assembling your professional team, making offers with conditions, and the closing process. It highlights the importance of working with experienced professionals, like real estate agents, lawyers, and home inspectors, to ensure a smooth and informed home-buying experience.

This article explains how Canadian first-time homebuyers can effectively use the First Home Savings Account (FHSA) and the Home Buyers' Plan (HBP) to fund their down payment and closing costs. It outlines the unique benefits and limitations of each program, provides a practical example of combining both for a home purchase, and emphasizes the importance of careful planning and timing. Deeded's real estate lawyers are highlighted as key professionals to assist with coordinating these programs seamlessly.

Understanding first-time homebuyer eligibility in Canada can be complex, especially for couples where one partner has owned property before. This blog explores Jessica and Mike's situation: Jessica has never owned property, while Mike sold a condo two years ago. It highlights key programs like the Home Buyers' Plan (HBP), First-Time Home Buyer Incentive (FTHBI), Land Transfer Tax Rebates, and the First-Time Home Buyer Tax Credit. Despite limitations, strategic planning can help them maximize Jessica's eligibility for benefits while planning their purchase.

Navigating the real estate closing process in Ontario can seem overwhelming, especially for first-time buyers or sellers. This guide will answer essential questions about what to expect during a real estate closing, including costs, required documents, and more.

The Canadian government has announced new mortgage rules that increase the price cap for insured mortgages to $1.5 million and extend amortization periods to 30 years for first-time buyers and new builds, aiming to make homeownership more attainable.

BC Plans to tackle speculation in the housing market with the introduction of the "BC Home Flipping Tax", also known as an "anti-flipping" tax.

Rent-to-own programs offer a way for Canadians to own a home without a large down payment.

Explore unique new home rituals from around the world to bring good luck and positive energy.

Key considerations when buying a condo: budget, size, amenities, maintenance, rules, and resale value.

Downpayment assistance programs in Canada help first-time homebuyers with their downpayment through shared equity mortgages.

Government programs for first-time home buyers: incentives, tax credits, and RRSP Home Buyers' Plan.

Parents gifting money for down payments helps first-time buyers overcome rising home prices.