At times, you may need to go in debt for something that's really important to you but does not provide a financial return. There is no financial 'safety net' here to protect you, so proceed with caution.
Renovate?
Profit from Home
Ownership.
Buy, Sell or Renovate?
If you are like most Canadian homeowners, the lion's share of the money you invest during your working life will be tied up in your home. In return for your hard-earned dollars, your home provides shelter, comfort, social status, and a feeling of permanence. No other investment can provide you with these benefits.
What's less obvious is that your home is also an investment in real estate - one that has the potential to significantly improve your net worth. However, as with any other financial investment, you need to follow a strategy to succeed.
Ensuring that your home contributes to your financial success is what this guide is all about! Based on input from our team, we have put together 7 strategies that will keep you ahead of the game and ensure that the largest financial investment of your life will be a profitable one.
Determine if you should buy or rent. Use our calculator today!
Web site content is for informational or illustrative purposes only and is not be considered or used as a substitute for professional financial advice from an accountant, lawyer or certified financial planner. Click here to view our full legal disclaimer.
