Mindblown: a blog about philosophy.
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The Compound Effect: Building Your Household’s Wealth
Wealth is within reach for many people; however, according to a recent study, 63 percent of Canadian said it’s not likely they’ll become rich. While younger people are more likely to say they’ll achieve wealth one day, only 34 percent of people aged 30 to 49 and 21 percent of people aged 50 or older…
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5 Reasons to Sell Before the Selling Season Picks Up
In Canada, it is often believed that the best time to sell a home is during the spring and summer months. However, there are several reasons why selling in the offseason, such as winter, may actually be advantageous. Here are five compelling reasons to consider listing your home now: Take advantage of low inventory. Since…
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LSTAR Market Updates-2023, Feburary
Local Home Prices See Modest Growth LSTAR The London and St. Thomas Association of REALTORS® (LSTAR) recorded the lowest number of February home sales since 1995, with only 436 residential transactions. However, 761 new listings entered the market during the same time frame, bringing the number of active listings to 1,320 by month-end. The overall…
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8 Scams to Watch Out For Holiday Season
The holidays are a happy time for celebrating with family, friends, and co-workers. Unfortunately, this time of year can also be turned sour by a wide variety of clever frauds, unauthorized debit and credit card transactions, and bogus person-to-person scams. Just as you protect your home with an alarm system, you should set up defenses…
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The Home Equity Playbook
What is Home Equity? Home equity seems to be a very simple calculation — the total amount of mortgages owed subtracted from the current market value of a home. Here is a simple example: Current Home Market Value $325,000Existing Mortgage $225,000Homeowner Equity $100,000 One side of the equation is well defined, and it is found…
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Don’t Get Burned – Get a Home Inspection to Save Money on Your Next Purchase
Okay, you made one of the most important decisions in your life: you’re buying a home! You found your ideal home. It’s in your desired neighborhood, close to everything you love, you dig its design and feel, and you’re ready to finalize the deal. But, whoa … wait a minute! Buying a home isn’t like…
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A Beginner’s Guide to Real Estate Investing
Despite the grim economic outlook for some industries, one sector is gaining viability — real estate. According to the 2016 Emerging Trends in Real Estate, which was released by the Urban Land Institute earlier this year, trends such as “18-hour cities” and millennial parents increasing moving from urban areas out into the suburbs signal that…
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How to Buy a Home: 7 Tips and Tricks from Real Estate Insiders
No matter if you’re in a buyer’s or seller’s market, there are a few critical steps you can take to make a smarter purchase. Since buying a home is likely the biggest single investment you will ever make, being prepared will help you make a better purchase. Here are our best tips to buying a…
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My Home Didn’t Sell! Now What?
When it comes to listing your home, most home sellers want three things: 1) to make a lot of money, 2) to put in minimal time and effort, and 3) to sell quickly. But the reality is, selling a home is rarely that simple. And homeowners who try to do it themselves—or receive bad advice—can…
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