Is It Worth It to Buy a First Home with 5% Down or Wait for 20%?

#NickAnswersReddit: This week, Nick answers a common question from a first-time homebuyer weighing the pros and cons of buying now with a 5% down payment versus waiting to save 20%. Nick discusses the key financial and personal factors to consider, such as the cost of CMHC insurance, monthly mortgage payments, and the potential risks of timing the market.

Should I Bid $20-30K Over Asking in Ottawa’s Real Estate Market?

A close-up shot of a man holding a 10 U.S. dollar banknote, captured by Lukas from Pexels. The image emphasizes the person's hand and the currency, with the background blurred for depth. It can represent topics like finance, money management, and budgeting.

#NickAnswersReddit: In this week’s post, we tackle a Redditor’s question about whether to bid $20-30K over asking on a home in Ottawa. Nick explains when it’s appropriate to offer over asking price, how to navigate Ottawa’s competitive market, and how to evaluate your options before submitting an offer. If you’re unsure about how much to offer, this post will help guide you through the decision-making process.

Suspended Homes and Delisted Homes: How to Approach Them

#NickAnswersReddit: This week’s blog explores how to approach delisted or suspended homes. Whether you’re working with a Realtor or planning a DIY search, this guide will help you navigate finding these off-market opportunities.

Why Is Financing Taking So Long?

A mortgage broker approves a loan for homebuyers

#NickAnswersReddit: This week, Nick addresses a Redditor’s concern about why their financing is taking longer than expected. Delays in securing financing can be stressful for both buyers and sellers, but understanding the process helps alleviate frustration.

Is a Housing Market Crash Coming to Ottawa? Navigating Price Trends and Policy Changes

Two first-time Homebuyers take a selfie

#NickAnswersReddit: A Redditor asks whether waiting for a housing market price drop in Ottawa is still a good idea. In this blog, Nick Fundytus explains recent market trends, the impact of government policy changes, and offers advice on how to approach buying a home in today’s climate.

What to Do if the City Plants Trees Within Your Property Boundary

Trees planted along a residential street with cars parked on the side, photographed by sq lim on Unsplash.

#NickAnswersReddit: This week’s question addresses a property owner’s concern about trees planted by the city within their property boundary. Nick explains the best steps to take when city-planted trees seem to cross into private property and offers advice on dealing with this situation.

Navigating the Home Buying Process in Canada: A Simple Walkthrough for First-Time Buyers

#NickAnswersReddit: Feeling lost as a first-time home buyer? We’ve got you covered! This post simplifies the home buying process in Canada, guiding you from mortgage pre-approval to moving day. Whether you’re exploring properties in BC, AB, or Ontario, this walkthrough will help you confidently start your journey to homeownership.