It is critical to handle your home sale properly when it comes time to list it on the market. It is best to be well prepared to get the best buyer for your home. Here are a few things you must do if you are planning to put your and wish to get the best deal for it.

A recent report published by PWC focused on how the Pandemic has affected the market scenario of real estate industry in Canada and its impact on the near future. The change in the nature of the workplace was stated as one of the key themes for the Canadian commercial real estate market. Work from home gave Canadian residents an opportunity to move out of pricier cities and opt for less expensive suburbs. The demand for larger houses has grown as working from home became more prevalent to accommodate the need for space to manage both. This has also raised questions about the standing of existing office spaces

A mortgage loan is a secured loan used to purchase a home or property by offering it as collateral. The property is used as a guarantee/security for the loan. It allows the lender to take possession of the property if the loan is not paid on time. You borrow an amount you commit to paying back over a few years and are required to pay interest on the loan amount. Like other loans, a mortgage comes with an interest rate, amortization (repayment) schedule, and other terms. Understanding these can be helpful for budgeting & saving in the long term.