#6 - New vs Old | How to Pay For Those Renos

2023-12-08

Today Paul & and I discuss a VERY hot topic, it's one that almost every buyer I work with mis-understands. SCENARIO: You're pre-approved for $500,000 but you want to buy a house for $300,000 and put the $200,000 difference into a reno budget to improve the home. Sounds like a plan, right? Not really. Get educated on the pros and cons of buying a new build vs an older home and how you can properly fund those dream renovations. We also talk about how to navigate things like hazardous materials in old homes (...

Today Paul & and I discuss a VERY hot topic, it's one that almost every buyer I work with mis-understands.

SCENARIO: You're pre-approved for $500,000 but you want to buy a house for $300,000 and put the $200,000 difference into a reno budget to improve the home.
Sounds like a plan, right? Not really.

Get educated on the pros and cons of buying a new build vs an older home and how you can properly fund those dream renovations. We also talk about how to navigate things like hazardous materials in old homes (Asbestos, aluminum, wiring etc.)

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Want to connect with one of us? Check out our websites and reach out however you'd like!

Tyler Robb: www.tylerrobb.ca

Paul Dueck: www.pauldueckmortgages.ca

Thanks for tuning in!

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