Episode 85: How To Buy A Home In The Current Real Estate Market, with realtor Alexandra Cote
The real estate market is crazy right now, but if there’s one thing we learned from today’s episode, it’s that home ownership is absolutely still possible right now, and there’s not necessarily a “good” or “bad” time to get into the market — if you can afford to get in, start building that equity, boo!
The real estate market is crazy right now, but if there’s one thing we learned from today’s episode, it’s that home ownership is absolutely still possible right now, and there’s not necessarily a “good” or “bad” time to get into the market — if you can afford to get in, start building that equity, boo!
But is it *really* more expensive to get into the market right now with current lending rates, or do the costs even out in a cooler buyers’ market? Tune in for some stress-busting answers.
As homeowners themselves, Gill and Cailyn both know how stressful it can be buying a first home, especially in a volatile economy. From hidden costs and mortgage options, to offer strategies when you find the right home for you, we get all the answers from licensed realtor, Alexandra Cote. Alexandra has been voted best realtor in Toronto in NOW Magazine’s Reader’s Choice Awards since 2016, and beyond helping her clients reach their real estate goals, she also works alongside the Government Relations and Affordable Housing Committees to create positive change in housing policies.
Join us as we chat about:
Gill and Cailyn’s journeys to home ownership
Avoiding being “house poor”
Navigating the current market and higher interest rates
Plans and incentives for first-time home buyers
Setting a budget for your home hunt, and hidden costs to consider
Mortgage term options, finding a broker, and getting preapproved
What to know about down payments
Creating a winning offer strategy
Negotiating conditions and inclusions in your offer
We hope this episode helps you feel a bit more clear and confident on your road to home ownership!
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Episode 71: Teach Me How to Recession-Proof My Finances and Navigate Inflation and Interest Rates, with Nicole Victoria of No Budget Babe
As if adulting wasn’t hard enough already, we’re now facing the realities of rising interest rates, skyrocketing inflation, mass layoffs and a looming recession. Anyone else need a drink? So this week’s episode is all about how to recession-proof our finances, because economic instability is upon us, whether we like it or not.
There is A LOT to learn when it comes to protecting your nest egg, winning in an unstable stock market, and multiplying your revenue streams, so we brought in financial expert Nicole Victoria AKA No Budget Babe, to teach us how to take control of our finances.
As if adulting wasn’t hard enough already, we’re now facing the realities of rising interest rates, skyrocketing inflation, mass layoffs and a looming recession. Anyone else need a drink? So this week’s episode is all about how to recession-proof our finances, because economic instability is upon us, whether we like it or not.
There is A LOT to learn when it comes to protecting your nest egg, winning in an unstable stock market, and multiplying your revenue streams, so we brought in financial expert Nicole Victoria AKA No Budget Babe, to teach us how to take control of our finances. Nicole is a CEO, money coach and financial literacy advocate who specializes in helping millennial and gen-z women effortlessly manage their money and build bank accounts that never stop growing. So grab a glass (or a bottle—economies of scale!) of wine, and get ready to set yourself up for financial success.
Join us as we chat about:
What to do with your investments during a recession
The history of stock market crashes and bear markets
The do’s and don’ts of making an emergency fund
How to manage your debt
Ways to start generating passive income
Tips for bringing your fixed costs down and negotiating bills like a pro
The pros and cons of entering the real estate market right now
We hope this episode inspires you to start (or continue) to build your nest egg and invest your money so that you’re set up for success no matter what this crazy economy throws at you!
If you have a topic you’d like us to cover or a guest you want us to interview, comment or DM us on Instagram:
Related Episodes:
Episode 41: How To Buy Or Rent Your Next Home
The housing market is absolutely insane in North America right now, especially in the major cities of Canada (helllllo, Toronto and Vancouver). The market is hotter than ever, and Canadian house prices and home sales hit record highs this March. So in today’s quickie, we’re diving into everything you need to know to navigate renting or buying your next home.
The housing market is absolutely insane in North America right now, especially in the major cities of Canada (helllllo, Toronto and Vancouver). The market is hotter than ever, and Canadian house prices and home sales hit record highs this March. So in today’s quickie, we’re diving into everything you need to know to navigate renting or buying your next home.
Whether you’re moving out into a rental for the first time or thinking about taking the plunge and buying real estate, there’s a lot to consider that can help you with your decision. Hosts Cailyn and Gillian bring their different experiences and perspectives as renters and homeowners to offer up realtalk on the process and logistics of landing your next home.
It’s daunting AF, but there’s still a ton of hope. It’s a good time to rent right now since we’re in a renter’s market, and if you’re looking into homeownership, interest rates are super low for the time being.
Tune in as we chat about:
Trends in the Canadian real estate market, and how much buying a home or renting a condo could set you back in major cities
How to decide between renting and buying based on your goals, values and finances (and the pros and cons of each)
The % of your income you should be sending on your home
The importance of location and neighbourhood
The team of real estate agents, mortgage brokers and lawyers you’ll need in your corner
Everything you need to know about mortgages, explained
The hidden and unexpected costs of buying a home that you should prep for
The process from submitting an offer to picking up the keys on your closing date
The requirements checklist you should use for finding your ideal rental
How to negotiate your rent like a boss
The paperwork, proof and process you’ll need to secure your rental home
We hope this episode helps you in your search for the perfect rental or your first home. Happy house-hunting, friends!