https://padlet.com/julian_nirmalan/cc09rzcd7vtj Made with a dash of wit en-us 2016-11-28 22:33:19 UTC 2025-11-01 16:38:06 UTC hello@padlet.com julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140346521 By: Julian Nirmalan (100588850)]]> 2016-11-28 21:24:14 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140346521 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140346623 Getting ready to buy your first home is something that can be very stressful and may be off putting to many people, leading them to rent instead. I want to show you that this process is not as scary as you think. I am going to give you as much useful information I can find to help you when you decide to buy your first home in the canadian market.]]> 2016-11-28 21:24:48 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140346623 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140347664 In this video, Rachel Cruze goes over the first question you should ask yourself when looking into buying your fist home and that would be "Am I ready"? The first thing she tells us to look into is saving up enough money for a downpayment, she says 10-20% but preferably 20%. A 15 year, fixed rate mortgage is what you should be looking for as this will allow you to get you home as well as get out of debt as fast as possible. The last thing she tells us is to be patient and not get too emotional with the process.]]> 2016-11-28 21:29:43 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140347664 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140350768 A big thing that many people get lost in when looks at a new house would be their wants versus their needs. That is a big thing that stuck out in this video and for good reason as this can lead to massive debt as people start pushing more for their wants rather than needs. You may want a fancy kitchen with great appliances or maybe you want a massive garden with lots of space for the kids to play., but these can quickly drive up the price. You must find a way to balance your wants and need so that you can get the home you want for the price you need.]]> 2016-11-28 21:46:01 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140350768 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140352531 To buy a house you are going to need money and lots of it and this is something that is very scary for people because that can imagine themselves spending that kind of money. That is why you must step back and ask yourself "Am I financially ready to buy a house"? This video will help prevent you from buying a home and then realizing maybe a year down the road that you are in over you head. ]]> 2016-11-28 21:56:21 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140352531 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140354041 Continuing on with the money talk, I found this really good household budget calculator that will help you figure out what mortgage you can comfortably fit into your existing or future budget. To use the calculator all you need to do is go through it and fill in the information pertaining to your income and the expenses of you life. This is a very good place to start because once you find a comfortable mortgage amount you will then be able to start actually looking at homes and that is where the real fun begins.]]> 2016-11-28 22:04:33 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140354041 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140355999 Now the real fun begins because now you get to actually start thinking about the wants and needs for you new home. As I mentioned early you must remember to balance your wants and needs so that you end up with a happy purchase. This checklist will help you look into what you need now versus what you could need in the future. The future aspect is something people may forget in the excitement but with the use of this very detailed checklist you can figure out what is going to work for you now and what will work for you later on.]]> 2016-11-28 22:14:39 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140355999 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140356945 You have all your needs and wants figured out and now you can finally being the process of finding the home. Realtor.ca is a website with listings of houses, condos, land and other properties all over Canada. This website will allow you to look at resale homes as well as new construction and will display them to you with detailed pictures. To make your search easier you are able to add various parameters to the search to help you narrow in on the house you want with modifications such as; # of bedrooms, # of bathrooms, price, location and various others.]]> 2016-11-28 22:19:48 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140356945 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140360380 This infographic will just give you a little insight as to what the housing market is like in cities around you. The housing market is constantly changing so I would suggest you keep an eye on it especially if you are in the market to buy a house.]]> 2016-11-28 22:45:26 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140360380 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140360922 New home construction is a route many home buys take when it comes to buying a home. The process does take a far greater amount of time than buying a resale home, but the excitement of watching your own home being built up from the ground is definitely worth it.]]> 2016-11-28 22:49:10 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140360922 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140361395 The information i have given you here will ultimately get you to that amazing day when you get the keys to your new home. It may have been a bumpy ride or maybe it was a smooth one, ether way I am happy I was able to help.]]> 2016-11-28 22:52:30 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140361395 julian_nirmalan https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140363488 2016-11-28 23:10:33 UTC https://padlet.com/julian_nirmalan/cc09rzcd7vtj/wish/140363488