GlowzoneBalachaur

10/17/2023

Certainly, here are some bullet points for do's and don'ts for first-time home buyers:

**Do's:**
- **Set a budget:** Determine your financial limits and stick to them.
- **Check your credit:** Review and improve your credit score to secure better mortgage rates.
- **Get pre-approved:** Obtain a mortgage pre-approval to understand your purchasing power.
- **Hire a real estate agent:** A professional can guide you through the process and negotiate on your behalf.
- **Inspect the property:** Always have a professional home inspection to uncover potential issues.
- **Think long-term:** Consider your future needs and the resale value of the home.
- **Shop around for mortgages:** Compare rates and terms from multiple lenders to find the best deal.
- **Understand closing costs:** Be aware of the additional expenses associated with buying a home.
- **Read contracts carefully:** Ensure you understand all terms before signing any agreements.
- **Save for a down payment:** The more you can put down upfront, the better your mortgage terms may be.

**Don'ts:**
- **Overlook hidden costs:** Consider maintenance, property taxes, and insurance in your budget.
- **Rush the process:** Take your time to find the right home; don't feel pressured to make a quick decision.
- **Max out your budget:** Avoid buying a house at the absolute limit of what you can afford.
- **Skip the home inspection:** It's a crucial step to uncover potential issues.
- **Forego a real estate agent:** They provide valuable expertise, especially for first-time buyers.
- **Neglect the neighborhood:** Research the area to ensure it meets your lifestyle and needs.
- **Make big purchases:** Avoid significant financial changes or new debt before closing.
- **Assume the asking price is final:** Negotiate with the seller, especially in a buyer's market.
- **Forget about the future:** Consider the long-term suitability of the property.

These are essential guidelines, but always consult with a real estate professional for personalized advice based on your specific situation.

10/09/2023

"Grateful for another year of helping Nova Scotians find their dream homes. Happy Thanksgiving from your Nova Scotia realtor! 🍂🏡🇨🇦

08/08/2023

"Unlocking a world of benefits through homeownership 🏡✨: Building equity, gaining stability, and enjoying the potential for appreciation. 🏦📈

04/06/2023

New development projection in Dartmouth
Stay tuned for more information

03/28/2023

🔊Big news of today in the real estate industry is the changes made to foreign buyers ban.⛔️⛔️
With the implementation of foreign buyers ban it made things difficult for work permit holders also to buy a house in canada as they needed to have atleast taxes filed for 3 years on work permit and a canadian work experience
But now that provision has been repealed
If you are a work permit holder currently working in Canada and have atleast 6 months of valid work permit
You can now buy your own house in Canada.

This exemption will also allow non canadians to buy property for development purposes

®

03/15/2023

After eight successive rate hikes the Bank of Canada has decided to maintain its target for the overnight lending rate at 4.5%, while continuing its policy of quantitative tightening.

03/15/2023

Between January and February 2023, Canadian 🏠 sales increased 2.3%, with strong growth observed in the Greater Toronto and Greater Vancouver area. 👉 https://bddy.me/3JFPPO5

Source Creastats

10/10/2022

Gratitude turns what we have into enough!!

Happy Thanksgiving!!

08/04/2022

Home sales across Nova Scotia showed a decline when comparing July 2022 to July 2021. The slowing of the market that has been seen in Western and Central Canada is starting to show up in our province, but prices continue to rise due to pressure on supply levels.

As you can see from the below graphic, home sales are down 17.9% in July 2022. New listings also decreased in July by 2.2%, with only 1,720 listings being added last month. Average prices continue to rise across the province. In July 2022, the average price across the province was $380,760, up 9.4% from July 2021. In each of the Regions the price increases were
- 18.1% in Cape Breton
- 27.2% in Highland
- 14.3% in Northern
- 12.3% in Halifax – Dartmouth
- 5.6% in Annapolis Valley
- 16.8% in South Shore
- 41.1% in Yarmouth.

[image description: a teal graphic of the provide of Nova Scotia, divided into NSAR’s seven regions. Each region has a speech bubble noting the increase in average price in bright green. There are three white, square pop-outs around the map with different images and information on home sales, new listings, and average prices in Nova Scotia in July 2022.]

07/06/2022

We're slowly seeing more inventory on the market this summer. That doesn't mean prices are decreasing yet. As you can see from our snapshot, the pressure from buyer demand means we continued to see prices rise across Nova Scotia in June 2022.

Source :NSAR

07/02/2022

Happy closing day!!!!

“Making realty dreams a reality”

So happy for my Buyer clients on the closing of their first home in Canada✅✅

Many congratulations to them for making a big move ❤️❤️
I wish you enjoy each and every moment in this new house of yours🤗🤗

Thank you so much for putting your trust in me and appointing me as your agent in this transaction.It was my pleasure to support you in such an important journey of your life💥💥

For all your buying and selling needs✅

Call me today 9029433990

Extra tip:
If you are on work permit you can buy home with 5%
We can connect you with best mortgage brokers✅✅

06/20/2022

Changes to Down payment assistance program…

We are thrilled to announce that after advocacy and collaboration with Housing Nova Scotia, the Down Payment Assistance Program has had significant changes made to it.

Changes include increases to the total maximum market value of a home under the program:

- Halifax Regional Municipality: $500,000 (up from $300,000)
- Northern and eastern regions (Cumberland, Colchester, Pictou, Antigonish, Guysborough and Cape Breton) and Yarmouth region: $300,000 (up from $200,000)
- Annapolis Valley/South Shore: $375,000 (up from $200,000).

Other changes include increasing the total household income eligibility to $145,000 across the province, up from $75,000 and providing five per cent down payment to all applicants.

These changes will allow more Nova Scotians to achieve their dreams of home ownership. See full details: https://novascotia.ca/news/release/?id=20220620003