Purchasing a home can be an exciting and monumental event in any person's life, especially if it’s the first time. The anticipation of owning a house and enjoying all the associated benefits is understandably exhilarating. However, buying a home requires extensive preparation. As a result, purchasing a home is one of the most costly and time-consuming events.

Let's say you want to buy a home in Toronto. This requires a …

Canadians spend more than 40% of their monthly income on housing, which is extraordinary. However, this dilemma is occurring all across the United States as well. Because of the stagnation in wages, but the increases in housing and other living costs--Canadians are struggling to stay above water. Some Canadians can only dream of becoming a homeowner.

Canadians who do manage to acquire a home struggle from month to month with …