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SPRING2O14LESSONSLEARNEDReallietipsromoureaturedfrst-timehomebuyersBUYINGYOURFIRSTHOME10savvywaystosaveFIXITORLEAVEITByScottMcGillvrayPLUSHowtochoosetherightneighbourhoodDIGITALVERSIONAVAILABLEATHOMEOWNERSHIP.CA WEVEINVITEDAFEWFRIENDSTOTHEHOUSEWARMINGPARTYHomebuyerPrivilegesisyourexclusiveonlineprogramforsavingsanddiscounts.GenworthCanadahasteamedupwithmajornationalsupplierstogivehomebuyersaccesstovaluablesavingsonhome-relatedproductsandservices.AskyourlenderhowyoucangetyourHomebuyerPrivileges.VisitGenworth.catolearnmore.800.511.8888Genworth.caHomeownership.caGenworthsmartshopper.caHelpingCanadiansAchievetheDreamofHomeownership.Sooner. COVERPHOTOGERVILLEHALLGETTYIMAGES4NEWSVIEWS8GETFINANCIALLYFIT10SAVVYSAVING12NEIGHBOURHOODMATCH15REALLIFEPROFILEFIRST-TIMERSLUCK18WHATSONLINE19FIXITORLEAVEIT20MOVINGDAYCHECKLIST22FIRST-TIMERTIPSSPRINGFEVERSpringisanexcitingtimetothinkbigandstartreshinyourfrsthomeperhapsIyoureplanningtobecomeahomeownerin2014pullupachairandgetinspiredbyourlatestissueoABetterWaytoHomeOwnership.Wevejam-packeditwiththeinormationandtoolsyouneedtosimpliyyourfrst-timebuyingexperience.StartobyassessingyourFinancialFitnessscore.Ourstoryonpage8willhelpyougaugeyourreadinesstodiveintothemarketwhileprovidingtipsormaximizingyourresources.House-huntingOureatureonHowtochoosetherightneighbourhoodpage12isamust-read.FixitorleaveitGetTVpersonalityandhomerenovationexpertScottMcGillivraysintelondistinguishingbetweendoablehomeimprovementsanddont-go-theredeal-breakersonpage19.MoretipsandtrickscanbeoundinthereallieprofleFirst-timersluckwhereweshareonecouplesfrst-homewinningormulaaswellascrowd-sourcedadviceromacrossthecountry.Fromnewstoinsiderviewsitsallheresoturnthepageanddigin.GotquestionsJoinGenworthCanadassocialmediacommunityonFacebookandLinkedInandaskawayWereheretohelpDebbieMcPhersonSeniorVice-PresidentSalesMarketingGenworthCanadaGENWORTHCANADASPRING2O143WELCOMECHECKOUTGENWORTH.CAEDITORAmandaEatonARTDIRECTORGordonAlexanderFREELANCECONTRIBUTORSYukiHayashiSarahB.HoodChashmeenRekhiPROJECTCOORDINATORAmritaKochharASSOCIATEDIRECTORMegButton NEWSVIEWSTHEEDGECHECKOUTGENWORTH.CA4GENWORTHCANADASPRING2O1434OFRECENTBUYERSmadeadownpaymentOFUNDER20itis46amongFIRST-TIMEBUYERS27OFPROSPECTIVEBUYERSintendtomakeadownpaymentOFUNDER20HERESTHELOWDOWNONCANADIANDOWNPAYMENTSBYTHENUMBERStohelpyouachievehomeownershipSOURCE2014GENWORTHCANADAANDTHECANADIANASSOCIATIONOFCREDITCOUNSELLINGSERVICESFINANCIALFITNESSANDHOMEOWNERSHIPSTUDY73OFPROSPECTIVEBUYERSintendtomakeadownpaymentOF20ORMORE18OFPROSPECTIVEBUYERSintendtopay100NoMortgage GENWORTHCANADASPRING20145HOMESWEETHOMEHomeownershipisaboutmorethangettingridofyourlandlordCanadiansreportowningtheirownhomeoffersanemotionalboosttoo.Forapositiveandstress-freeexperienceturntopage12forourstoryonbuyingintotherightneighbourhoodforyourlifestyleandpage19forourFixitorleaveitstory.48HAPPINESS60SECURITY64COMFORT50PRIDETophomeownershipemotions HELPCHECKOUTGENWORTH.CA6GENWORTHCANADASPRING2O14YOUASKEDWEANSWEREDQWerealmostreadytobuyourfrsthomeButwherewillwefndthecashoralltherepairsourfxer-upperwillneedAHerearesixprogramsthatcanhelpyoubudgetortheprojectsthatllgetyourfrsthomeromhaspotentialtoperectstarter.SOURCECANADAREVENUEAGENCYPROGRAMGENWORTHHOMEBUYER95HOWITHELPSProvidestheopportunitytopurchasewithaslittleasfvepercentdownsoyoucanallocatesomeoyoursavingstowardsremodelling.Theprogramoerscompetitiveinterestratesandachoicebetweenafxedvariableoradjustablemortgagerate.PROGRAMGENWORTHNEWTOCANADAHOWITHELPSIyourearecentimmigrantyoucanalsosecureamortgagewithaslittleasfvepercentdown.Theprogramisavailableorupto60monthsaterarrivalinCanada.PROGRAMGENWORTHPURCHASEPLUSIMPROVEMENTSHOWITHELPSThisprogrammakesitpossibletostartrenovatingassoonasyoutakepossessionoyourproperty.Uponqualifcationyoucanaccessuptoourlenderadvancesonyourmortgagewiththeconvenienceojustonecombinedmortgagepaymenteachmonth.PROGRAMGENWORTHENERGY-EFFICIENTHOUSINGHOWITHELPSOvertimeGenworth-insuredmortgageholderssavemoneywhentheyrenovatetoenergy-efcientstandards.Potentialbeneftsincludea10percentrebateonthemortgageinsurancepremium.PROGRAMFIRST-TIMEHOMEBUYERSTAXCREDITHOWITHELPSThisederaltaxcreditoupto750orfrst-timebuyerscanhelpcoveradditionaleessuchaslandtransertaxes.PROGRAMHOMEBUYERSPLANHOWITHELPSThisprogramallowsyoutowithdrawupto25000romyourRegisteredRetirementSavingsPlantoputtowardsthepurchaseoyourfrsthome.Youthenhave15yearstopaytheamountbackintoyourRRSP.Byborrowingagainstretirementyoureesomeoyourbanksavingsorarainydayorleakyroorepair GENWORTHCANADASPRING20147hertz.caReg.U.S.Pat.Off.2013HertzSystemInc.WhetheryourcarisintheshoporitstimeforalongvacationoraquickgetawaytoseefamilyorfriendschooseHertzforthewidestselectionofvehicles.FromvaluesavingsoptionslikeacompactcartoaroomyfullsizecarorluxurymodelHertzmakesrentingavehicleeasyandaffordable.WithlocationsaroundtheworldinallmajorairportsandinneighbourhoodsacrossCanadanearyourhomeorofcetheressuretobeaHertztogetyouontheroadquicklyandconveniently.Visithertz.cacallyourtravelagentorcallHertzat1-800-263-0600LetYourJourneyBegin 8GENWORTHCANADASPRING2014BUDGETINGCHECKOUTGENWORTH.CA1.GAUGEYOURFINANCIALFITNESSYouneedanhonestassessmenttoknowwhatareasoyourfnancialhouseareontrackandwhatareasneedimprovement.GetyourFinancialFitnessScorebytakingtheGenworthCanadaCanadianAssociationoCreditCounsellingServicesFinancialFitnesssurveyatcaccs.ca.2.CHECKYOURCREDITOrderacopyoyourcreditreportromTransUnionorEquiaxCanadasoyoucancheckyourscorecredithistoryandensuretherearenoerrors.Contactthecreditreportingagencyiyouidentiymistakes.3.BUMPUPYOURCREDITSCOREThehigheryourcreditscorethebetterthelendingtermsyoullreceivewhetheroramortgagecarorconsumercreditloan.Themosteectivewaysoimprovingyourcreditscorepayingyourbillsontimedramaticallypayingdownorbetteryetclearingyourcreditcardbalanceeachmonthandrepayinganyloans.ThinkingaboutbuyingyourfrsthomeNowsthetimetopumpupyourfnancialftnessBoostyourcreditratingbulkupyoursavingstrimtheatromyourmonthlybudgetandstayocusedontheprize.Heresour10-pointfrst-timersfnancialftnessbootcamp.ReadysetandgoGETFINANCIALLYFIT GENWORTHCANADASPRING201494.CREATEAMONTHLYBUDGETFindatemplateonlineordownloadahouseholdbudgetingapptoyoursmartphone.HowmuchdoyouspendeachmonthonrentandutilitiestransportationgrocerieschildcareinsuranceevengymmembershipsandclothingYouneedaccurateincomeexpenditureinotoevaluatehowmuchhouseyoucanaordandfndwaystosave.TryMint.comPersonalFinanceAppStoreandAndroidorYouNeedaBudgetiTunesandAndroid.5.DETERMINEHOWMUCHHOUSEYOUCANAFFORDUseyourbudgettoevaluatehowmuchoamortgageyoucanaord.Abankmayapproveyouormonthlymortgagepaymentsoupto35percentoyourgrossincomebutcanyouaorditWorkoutwhatyourutureexpenseswilllooklikeeachmonthmortgageinsuranceutilitiestaxesplusocoursetheotherexpenses.DoyoumakeenoughtocoverthiswithenoughletovertosaveInotmaintainbreathingroombyoptingoramoreaordablefrsthome.6.STARTPAYINGYOURMORTGAGEIyouruturemortgagepaymentswillcostapproximately1800permonthandyoucurrentlypay1300inrentnowsthetimetostartsettingasideanextra500permonthsoyoucangetintothehabitobudgeting1800permonthorshelter.Thishastheaddedbeneftogrowingyoursavingsaster.7.TRIMTHEFATDownloadadailyspendingtrackerapp.TryDailyExpenseTrackerAppStoreandAndroid.Attheendothemonthyoullbeabletospotpatternsandidentiythemosteectiveplacestosavemoneywhetheryourspendingviceisatwo-lattes-per-dayhabitortoomanytaxirideseachmonth.8.BULKUPYOURINCOMEAnotherwaytoholdontoyourmoneyistomakemoreoitConsiderasecondjobextrahoursorsellingthosecollectiblesoneBay.Bonusewerboxesonmovingday9.PAYYOURSELFFIRSTGetseriousaboutpayingyourselfrstbysettingupbi-weeklyautotransersromyourchequingtosavingsaccounts.Beyondthedownpaymentandclosingcostsassociatedwithanewhomehomeownershipmightcomewithsurpriseexpenseslikeleakyroosandbrokenwashingmachines.Ahealthysavingsaccountwillmakeyoulessstressedaboutthesepossibilities.10.CONSIDERPROFESSIONALADVICEOnceyoureontrackseeafnancialadvisortoworkoutshortandlong-termstrategiesoryourongoingfnancialgoalsromhomeownershiptoretirementsavings.Youllgetmoreromthemeetingiyoualreadyhavesetgoalsandactionsinplace.WantmoreinoVisitHomeownership.caormorefnancialtipsgearedatfrst-timehomebuyers. 10GENWORTHCANADASPRING2014SAVVYSAVINGHomeimprovementprojectsaddvaluetoyourhouseorcondoespeciallyinastarterhome.ThatsaidittakesmoneytomakemoneyHereare10savvywaystosaveorandonthosebig-ticketprojects1.STARTWITHPURCHASEPLUSIMPROVEMENTSThisGenworthmortgageinsuranceprogramallowsqualifedfrst-timehomebuyerstokickorenovationsimmediatelyatertheytakepossessionotheirfrsthome.Beneftromlowerinterestratesaswellastheconvenienceopayingjustonecombinedmortgagepayment.2.GODEALHUNTINGAppliancesgoonsaleannuallyusuallyatthestartoanewyeartomakeroomornextyearsmodelsshoporkitchenandlaundryappliancesatthattime.Keepaneyeopenormanuacturerrebatesbyvisitingstoreandmanuacturerwebsitestoo. GENWORTHCANADASPRING2014113.BUYSECOND-HANDWanttosaveevenmoreConsidergentlyusedappliancescabinetsandxtures.CheckyourlocalHabitatorHumanityReStoreorpromisingitemsthatmayevenincludenever-usedoverstock.Anddocomparisonshoppingonline.4.CHOOSESTANDARDMODELSCustomdoorswindowscabinetryandcountertopscostmoreandtakelongerordeliverycomparedtosimilarin-stockitems.Sticktothebasicsornowandsavethecustomsplurgesoryouroreverhome.5.LIGHTENUPONLIGHTINGCOSTSSkiptrendyrecessedlightsorceilingxturesiyouwanttosaveonlabourandmaterials.6.DONTMOVETHEKITCHENSINKOrthetoilet.Relocatingmajorplumbingxtureswillconsiderablyaddtoyourexpenses.7.ZEROINONZERO-INTERESTPROMOSIyourevigilantaboutrepaymenttheyreagreatwaytogetreecreditorhomeimprovementprojectsandappliances.Buttakethisrouteonlyiyoucanclearthebalancebeorethepromoendsandtheinterestrateshootsup.8.THINKDIYDEMOLITIONYoucansaveupto2000ormoreonamajorrenovationthinknewkitchennishingthebasementoratticbydoingbasicdemolitionworkyoursel.Iyouarecapableodoingitsaelyitmaynotbenecessarytohireanexperttoremovecabinetryceramicfooringoroldappliances.Rentadisposalbinandhireprostotacklehigh-skilledtasks.9.THINKDIYFINISHESWanttosaveevenmoreTackleeasynishingtaskssuchaspaintingandpost-renovationcleanup.10.DONATEBEFOREYOUDUMPYoucansaveondisposaleesbydivertingyourgoodcastostoaHabitatorHumanityReStore.CallyourlocalReStoretondoutiitwantsyoursalvagedcabinetrycountertopssinksbathtubsdoorsandlighting.Savemoneywhilehelpingagoodcause.SAVINGMONEYCHECKOUTGENWORTH.CA 12GENWORTHCANADASPRING2014STARTWITHTHEFUNDAMENTALLIFESTYLEQUESTIONCITYORSUBURBSTorontorealtorMichaelMcCannsuggestsaskingyourseluprontAreyouasuburbaniteorurbaniteDoyouwanttherelativequietoaplannedcommunityinthesuburbsorwouldyoupreertoliveintheheartoalltheactionFINDTHENEXTBIGTHINGIyourenotaversetoalittlebitocalculatedriskexploreneighbourhoodswithsimilaramenitiesandorpotential.TorontohomeownerAlisonLawler-Deansaysupandcomingareasareasmartbet.Dontbuyinagoodneighbourhoodbuyinaneighbourhoodonthevergeobeinggood.Itmakesoragreatinvestment.Lawler-DeanspartnerMaxValiquetterecommendssearchingwithinaneighbourhoodsurroundedbygentrifcation.Up-and-comingneighbourhoodsbeneftromaspillovereectandwillgetthereasterthanonesinlessdynamicareas.NEIGHBOURHOODMATCHTheoldadagelocationlocationlocationcouldntbemoreaccurate.Whenyoubuyapropertyyourebuyingintoaneighbourhoodtoo.HereareourexpertrecommendationsorfndingtheperectneighbourhoodoryourfrsthomeLIFESTYLECHECKOUTGENWORTH.CAurbansuburbian GENWORTHCANADASPRING201413HOUSE-HUNTWHEREYOUSHOP...andbrunchandworkout.Iyouspendalototimeinaspecifcneighbourhoodalreadychancesareowningahomeinthatneighbourhoodmaybeagoodft.Weallstrivetomakeitalittlesimplersomedays.SowhenyouhaveplacestoshopbankgetyourhaircutandsoonwithinacoupleominutesromhomeitsagreatftsaysJonsson.WEIGHESTABLISHEDNEIGHBOURHOODSVERSUSNEWDEVELOPMENTSMcCannsotheruprontquestionisDoyouwanttoliveinanestablishedneighbourhoodoranewsubdivisionThebeneftsotheormerincludeastablecommunityidentityandresourcesandknownrealestatevalues.Butiyoudiveintoanewdevelopmentyoullplayamoreactiveroleinhelpingtocarveoutareshcommunityvibeotenwhilesavingonyourhometoo.THINKABOUTDISTANCEIyouhavekidsorarestartingaamilysoonthinkaboutwalkingdistanceandroadsaety.ItsalwaysabonuswhenkidscanwalktoschoolwithoutcrossingamainroadwayandparksandplaygroundsarewithinwalkingdistancesaysrealestateappraiserValJonssonoWinnipegMan.EveniyourkidsareyoungnowthinkfveyearsaheadcanyouseethemwalkingthemselvestoschooleachmorningYesThatsagiantcheckmark.BUYINGOFFTHEBLUEPRINTLOOKAROUNDYOUManyfrst-timerschoosetosavemoneybybuyingtheirfrsthousetownhouseorcondoatthepre-buildstage.Whendoingsosurveythesurroundingarea.Thenewbuildthatsclosertoadditionalhousingsupermarketsshopscommunitycentresandparksisthesmarterinvestment.LandvaluesmightbesimilaratthebeginningstagesoadevelopmentwithinfvepercenthowevertheresalecanbegreaterortheneighbourhoodthathaseverythingwithinitsboundariessaysJonsson.GETOUTTHEREANDSTARTMEETINGPEOPLEFinallyonceyouhaveselectedaewpotentialneighbourhoodstogohouse-huntingwithingetstartedonyourlegwork.TheonlywaytodeterminethebestneighbourhoodoryouistowalkthestreetssaysMcCann.McCannaddsTalkwiththedogwalkershavelunchatthelocalrestaurantstakeinagameatthelocalarenaandinyourtravelstalktoeveryoneyoumeet.Thesewillbeyournewneighbourswhoisbettertogiveyoutheinsidescooponwhatmakesitagreatplacetolive GENWORTHCANADASPRING201415SPOILERALERTLUCKISCODEFORREAPINGTHEREWARDSOFHARDWORK.HERESHOWONEYOUNGCOUPLELAIDTHEGROUNDWORKTOFINDTHEIRIDEALFIRST-HOME.FIRST-TIMERSBOBBIEJOBECKERANDHERFIANCMATTSOBUNWERENTPLANNINGTOBUYAHOUSE.ShelivedwithherparentsinOshawaOnt.whileherentedanapartmentinnearbyWhitby.ButwhenhislandlordsoldthepropertyMattknewhedhavetomoveout.Thecoupledecidedtodiveintothehousingmarket.WiththeclocktickingBobbieJoandMattlinedupfnancinggotarealestateagentandstartedhousehunting.Herearethreekeymovesthathelpedthemlandtheperectstarterhometobegintheirnewlietogether.TheyregettingmarriedinJulyPHOTOGRAPHYBYDENNISBECKER PHOTOCREDIT16GENWORTHCANADASPRING20141.NURTUREASAVINGSHABITMattandIarebothridiculousaboutmoneylaughsBobbieJoanavidsaver.Weonlybuywhatweneedandwebuyonsale.Webothhadsavingstoputtowardsourdownpaymento20percentsheexplains.Mattalsoreceivedacashgitromhisgrandmotherwhichhepromptlyputintothesavingsaccountnotasplashyvacationorshoppingspree.Dependingonyourincomeandcityoresidencegrowingalargenesteggmaynotberealistic.Nonethelesswecanallbeneftromgettingintothehabitosaving.Eachpackedlunchorcigarettehabitkickedgetsyouclosertoyourfrsthome.YOUHAVETHEFREEDOMTODOWHATYOUWANT.IFYOUWANTTOCHANGESOMETHINGABOUTYOURPLACEYOUJUSTGOAHEADANDDOIT.ILOVEHAVINGAHOMEICANCALLMYOWN.2.FINDAGREATREALESTATEAGENTTrustingyouragentiskeyasheorshewillbehelpingyoumakethebiggestfnancialinvestmentinyourlietime.Iyoudontclickmoveon.BobbieJosparentsfredarealestateagentaewyearsagoorreasonsoabadftsosheknewsheandMattneededtopickwell.OtheagenttheychoseshesaysIlovedherShewashonesttothepointandawareandshemadeeverythingrunsmoothlyromthesearchtothehomeinspectionandtheoer.EACHPACKEDLUNCHORCIGARETTEHABITKICKEDGETSYOUCLOSERTOYOURFIRSTHOME PHOTOCREDITGENWORTHCANADASPRING2014173.DOYOURHOMEWORKBobbieJoandMattspenttwomonthstouring20to30homesbeorefndingtherightone.Whentheyounditaour-bedroomtownhousewithasmallencedbackyardinanexistingsuburbancomplextheydseenenoughdudstoknowthiswasasolidprospect.Wehadalowbudgetwedalreadyseenabunchohousesthatlookedniceinphotosbutweredisappointingwhenwewentinperson.PhotoscanbedeceivingSowhenwewenttoseethishousewewerewonderingOKwhatswrongwithittheresgottobesomethingwrong.ButtherewasabsolutelynothingwrongandnothingwedidntlikeSoweputinanoerthatnightsaysBobbieJo.Althoughtheyhadcastawidenetandhadntsearchedexclusivelyintheamily-orientedOshawaneighbourhoodtheynowcallhomeBobbieJoandMattknewitwouldbeagoodft.OuragentwaswellawareowhatneighbourhoodswouldbegoodorbadorussaysBobbieJoandshegavethecommunityathumbsup.Itsproximitytothehighwayandmajorsupermarketswouldsimpliytheircommutinganderrandstoo.Mr.SobunandtheutureMrs.SobunmovedintotheirfrsthomeinSeptember2013.HomeownershipiswonderulsaysBobbieJoYouhavethereedomtodowhatyouwant.Iyouwanttochangesomethingaboutyourplaceyoujustgoaheadanddoit.IlovehavingahomeIcancallmyown.F 18GENWORTHCANADASPRING2014WHATSONLINECHECKOUTGENWORTH.CAUpcomingonlineexclusiveGENWORTHFIRST-TIMEBUYERSVIDEOSERIESFollowaCanadiancoupleastheynavigatethefrst-timebuyersmarketCheckinweeklyastheyshoporamortgagehousehuntandclosethedealontheirdreamhome.Sharetheexcitementwhilegainingreal-worldinsightsoryourownrealestategoals.LaunchinginSummer2014onourYouTubechannelSTAYCONNECTEDWITHGENWORTHFindthevideoseriesandmorehelpulresourcesonlineJointheconversationlearnabouthomeownershiporollowusorup-to-dateinormationdesignedtohelpyoumakesmarthomebuyingdecisionsGENWORTHCANADATheHomeownershipCompanyGENWORTHHOMEOWNERSHIPBLOG.CAInsightsFromTheHomeownershipCompanyHOMEOWNERSHIP.CAABetterWayToHomeOwnershipGENWORTHCANADASmartShopperGENWORTHCANADA GENWORTHCANADASPRING2O1419COURTESYHGTVCANADAYoulovethepropertybutyourinspectoristalkingtermites.Howdoyouknowwhentobuyafxer-upperandwhentowalkawayWeaskedrealestateinvestorcontractorandtelevisionpersonalityScottMcGillivrayhostoHGTVsIncomePropertyorsomeadvice.Itmaygowithoutsayingthatyouneedtogointoyournegotiationswithaclearideaohowmuchyoucanaordtospendbeyondthesalepriceothehome.Thequainturbancottagethatscaughtyoureyemayneedonly5000inpolishingtomakeitsparklebutiyoucantaordititmightaswellbe500000.IreallycategorizeproblemsthreewayssaysMcGillivray.Firstothesearetheabsolutedeal-breakerswhichshouldcauseanyprudentprospectivebuyertocashinthechips.Theseincludeevidenceodishonestyonthepartotheseller.AnythingthathasamajordiscrepancybetweenwhatthesellerhaslistedandwhattheinspectororrealestateagenttellsyouisabigredfagormesaysMcGillivray.Forexampleithelistingtellsyoutherooisbrand-newbutyourinspectortellsyouotherwiseyoushouldbealarmed.Iveseenlistingsthatsayallnewwiringanditsactuallyjustnewreceptaclesandswitchesonanoldelectricalsystemhesays.Youdbeamazedathowotenthisissomethingthatwend.Anotherdeal-breakerisanymajorstructuralissuesthatthehomeownerisnotwillingtonegotiateon.McGillivrayssecondcategoryoproblemiswhathecallsnegotiatingactorssuchasanoldroooracrackedwindow.Inthesecasestheselleradmitstheaultexistsandthebuyershouldeelreetonegotiateorareductioninthesellingpricewhichheestimatesmayamounttohalorallthecostodoingnecessaryrepairs.FinallyhesaysTherearethethingsnottoworryaboutthepaintcolourinthebedroomanoldtoiletWelltoughluckthosearemoremattersotastethanmattersonegotiation.AterallmakingthenewhomeyourownishaltheunFTOOLBOXCHECKOUTGENWORTH.CAFIXITorLEAVEITScottMcGillivrayonhowtoavoidbuyersremorseandbudgetsurprisesTOPTHEHOMEINSPECTION.BOTTOMHGTVSSCOTTMCGILLIVRAY 2OGENWORTHCANADASPRING2O14MOVINGDAYCHECKOUTGENWORTH.CAMOVINGDAYCHECKLISTThreemonthsaheadCreateamoving-daylesystemincludingkeyphonenumberslawyerREALTORinsurer.Collectrecommendationsormovers.Starttoselluseupgiveawayrecycleordiscardanythingyouwontmove.Arrangeschooltransers.UpdateyouraddresswithFinancialinstitutionsgovernmentemployerspensionplansdoctorsdentistslawyersaccountantsmotorvehiclebureausinsurersassociationssubscriptions.TwomonthsaheadCollectwrittenestimateshireamover.Collectboxes.Startpackingnon-essentialitemslabelboxeskeepinventory.ArrangechangeoversMailcabletelephoneInternetutilitieshomeandautoinsurance.OnemonthaheadMeasurenewhomecreatefoorplancolour-codeboxesoreachroom.Makemoving-dayplansorchildrenpets.Disposeofammablesdrainuel-burningequipment.Sendoutitemsorcleaningrepairarrangeorpickupdeliverytonewhome.Arrangetotransplantortakecuttingsromprizedoutdoorperennials.Identiyvaluableragileitemstobemovedseparatelyjewelleryhouseplants.Begintodisassemblelargeurniturepiecescontinuepacking.FinalweekConrmeverything.Givedirectionsphonenumbers.Finishpackingdismantlexturesshelvingcurtains.VisitnewhomeTestkeyslightsappliancesurnacedoorbell.Ensureallagreeditemsareinplacelightxturesblinds.Arrangevehicleparkingbookelevators.Cleanridgestovebathroom.Assemblekeysdocumentationornewowner.Createmoving-daykitSleepwearnext-dayclothesmedicationstoiletriesessentialoodsplusutensilschargedphonelaptopchargerscleaningsuppliesmoving-daylesystem.MOVINGONUPTipstomakeyourmovingdaygreat GenworthCanadawantstoreducethestressofmovingonyouandtheEarth.ThatswhywevepartneredwithFROGBOXtomakeyourmoveeasy.OrderonlineatFROGBOX.comGenworthGenworthCustomersGet15OffGenworthCustomersGet15OffYoullneedboxesMovingorcallusat1-877-FROGBOX1-877-376-4269 22GENWORTHCANADASPRING2O14LEARNINGCHECKOUTGENWORTH.CAAsanon-handyFirst-TimeHomeBuyer-getaquoteromproessionalsorrenovationsyouwanttodoinyournewhome.Thiscansaveyouatonotimeandmoney-especiallybecauseyoumaybeabletoqualiyoraPurchaseImprovementmortgage.YYCResidentialandCommercialMortgagesDoyourresearch.Themoreyouknowuprontthehappieryouwillbewithyourchoiceinthelongrun.AdinaH.Livewithinyourmeansanddontbuymorehousethanyouneed.MaryS.MyhusbandandImadeaclassicblunderwhenweboughtourfrsthomewesomehowmanagedtoarriveatthelawyersofcetotakepossessionwithoutrealizingweneededinsuranceAteraquickcabrideuptownweinsuredourhomeinwhatmustberecordtime.NotrecommendedSarahH.Knowhowmuchyoucanaordbeorestartingtolook.SharonK.Takethetimetomakeyourdecisionanddontlettoomuchemotioncloudyourjudgement.Alsobesurealloyourdecision-makersareinthehomesearchwithyouromthebeginning.Dontbringthemintooeradvicewhenyoufnallyoundtheoneastheywontbeaseducatedonwhatthemarkethastooer.CorrineB.Iwouldtrytothinkwheremyliewouldbe5yearsoutanddoresearchontheschooldistrict.Upcomingneighbourhoodscanbetrendyandaordablebutasyourliestylechangestheymaynothaveanappropriateschoolorkidsandwouldrequireanothermove.JenniferP.FIRST-TIMERTIPSBuyingyourfrsthomeHeresadviceromtheGenworthsocialmediacommunity.WecrowdsourcedFacebookorthebestbeen-therelearned-rom-thattipsromhomeownersacrossCanada.FollowusonFacebookatwww.GenworthSmartShopper.caTHEBUZZCHECKOUTGENWORTH.CAIounditreallyimportanttodeterminewhatourtotalmonthlyhousingcostswouldbeincludingtaxesinsuranceetc.Itpreparedusorthemaximumamountthatwehadtospend.ValerieS. HAVEITALL.SOONER.PurchasePlusImprovementsGenworthCanadacanhelpqualiedhomebuyersmaketheirnewhomejustrightforthemwithtailoredimprovementsimmediatelyaftertakingpossessionofthepurchasedproperty.Allofthiscanbedonewithonemanageablemortgageandonly5down.800.511.8888Genworth.caHomeownership.caGenworthsmartshopper.caHelpingCanadiansAchievetheDreamofHomeownership.Sooner. PEACEOFMINDINCHALLENGINGTIMES.HomeownerAssistanceProgramSometimesliecandeliveranunexpectedblow.Aseriousillnessamaritalseparationorlossoemploymentcancausefnancialdifcultiesthatputyourmortgageatrisk.GenworthCanadahasaprovenmethodorhelpingmoreamiliesstayintheirhomeswiththeHomeownerAssistanceProgram.AskyourlenderormoredetailsorvisitHomeownerAssistance.ca800.511.8888Genworth.caHomeownership.caGenworthsmartshopper.caHelpingCanadiansAchievetheDreamofHomeownership.Sooner.