What is the Difference Between a Deposit and a Down Payment?

    In my years as a real estate professional in Steinbach and much of SouthEastern Manitoba, I’ve helped many people navigate the myriad of confusing things that come up while shopping for their next home. One of the most common questions is, “What’s the difference between a deposit and a down payment?”   Allow me to help clear that up.   What is a Deposit (and Why should I Make One?) A deposit…

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“Let’s Buy a House” They Said…

    Online house hunting can only do so much. You cannot smell a house online. Or open that mysterious door in the basement, or inspect the walls and ceilings for water damage. You can rule out many homes online, but there are things about a property that you won't know till you arrive. This is where, with your own personally retained agent, you begin looking at houses. Lots of them. Sometimes lots and…

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She Was Pregnant When They Bought the House — Then This Happened!

      Years ago, I had the honor of helping a young couple buy their first home. They were the first, and very proud, owners of that home, and had enjoyed it a lot. Now, with baby number two on the way, they decided to move. With their eyes on the future, they wanted to live in a community where they would want to send their children to school. As we checked out…

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