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Lydia Penner's Blog Posts

35 Tips to furnish your new home for less!

Buying a new home is one of the most exciting experiences in life. And if you’re like most homebuyers, you’ll be planning your furniture placement and decor before the ink dries on your

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Income Properties Are Trending, But Is Landlord Life for You?

If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.Investing in real estate has long been one of Canadians'

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YOUR COMPREHENSIVE HOME SELLER`S GUIDE

https://www.youtube.com/shorts/gV9BT_51G_kAre you considering selling your home? Or maybe you're just curious about its value?This blog post is intended to help you get ready and understand the

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Top 7 Tips to Attract the Best Offers For Your Home

https://youtu.be/ybagNBzPHKE?si=9wIf6OhB85zUmUOJTop 7 Tips To Attract the Best Offers for Your Home Not long ago, home sellers were in their heyday, as historically-low mortgage rates triggered

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7 COMMON HOMEBUYER REGRETS (AND HOW TO AVOID THEM)

7 Common Homebuyer Regrets (And How To Avoid Them) Youtube videohttps://youtu.be/YlaFQ6Ox1aA7 Common Homebuyer Regrets (And How To Avoid Them) To avoid buyer's remorse, be sure to consider your

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Renovate or Relocate. 3 Questions to help you decide!

Renovate or Relocate? Renovate or Relocate? 3 Questions To Help You Decide  Does your current home no longer serve your needs? If so, you may be torn between relocating to a new home

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5 Step Strategy for Downsizing Your Home

5 Step Strategy for Downsizing Your HomeIn our “bigger is better” culture, there’s an expectation that each home should be larger and grander than the last. But life changes like

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The Home Buyer's Guide to Getting Mortgage Ready

The Home Buyer's Guide to Getting Mortgage Ready Don’t wait until you’re ready to move to start preparing financially to buy a home. If you’re like the vast majority of

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What’s Your Home Actually Worth?

What’s Your Home Actually Worth?Discover What Buyers Will Pay in Today’s Market  It’s easy to look up how much money you have in your savings account or the real-time

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Hedge Against Inflation With These 3 Real Estate Investment Types

Hedge Against Inflation With These 3 Real Estate Investment Types  The annual inflation rate in Canada is currently around 5.1%—the highest it’s been in 30 years.1 It doesn

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National Real Estate Market Update for 2023

National Real Estate Market Update for 2023 There’s an old adage in real estate: location, location, location. But ever since the Bank of Canada began its series of inflation-fighting

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Everything you need to know about title insurance

In recent years, title insurance has become a crucial aspect of the home buying process in Canada. This article aims to help you understand the concept of title insurance, its benefits, and why you

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Reverse Mortgages

Reverse mortgages are a popular financial product for seniors who have equity built up in their homes and need to supplement their retirement income. However, it's important to understand the

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Tax Season Best Practices.

Lydia Penner and Associates Tax Season Best Practices        Tax season can be a stressful time for many individuals and businesses. However, with some

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What Happens on Closing Day?

Closing day is the moment you've been waiting for when buying a home in Canada, but it can also be a stressful time with many important details to take care of. In this blog post, we'll guide you

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Variable Versus Fixed Rates Mortgages

When it comes to buying a home, one of the most important decisions you'll have to make is choosing between a fixed-rate mortgage (FRM) or a variable-rate mortgage (VRM). Understanding the

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Tips for Buyers in the Winnipeg Housing Market

Tips for Buyers in the Winnipeg Housing Market:“Winnipeg is unique in that it’s currently experiencing rising taxation levels, in addition to all of the other economic challenges facing

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What is an equitable Mortgage?

An equitable mortgage can be used for various reason. But most often it is a type of mortgage loan that is used to access additional funds. If you're in need of financial resources, an equitable

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Home Inspections Explained!

Home inspections can be a crucial aspect of buying a home, as they provide a comprehensive examination of the property to determine its overall condition. In this article, we will explore what home

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Mortgage Funding Options

Having several hundred thousand dollars on hand to purchase a home is pretty uncommon... Which is why most home buyers require financing to purchase a home. But what are the options for buyers

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Lot Shapes-Pros and Cons

Lot shape is an important consideration when you're buying a home. It can affect everything from the amount of sunlight that your home gets, to your lifestyle to how easy it will be to sell in

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Mistakes to Avoid When Paying Off Your Home Early

In our previous blog we looked at some ways you can pay off your home early: How to Pay Off Your Mortgage Early. You could increase the size of your mortgage payments, do accelerated

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How to Pay Off Your Mortgage Early!

                          How to Pay Off Your Mortgage Early It's a great feeling knowing a debt has been fully paid off and you

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Contact us with any real estate questions. We are happy to answer your questions.