Types of Home Ownership

Buyers Tips

There are 3 categories of home ownership, each has its benefits and drawbacks. Which type will work best for your needs and your lifestyle.

Mortgage Glossary

Buyers Tips

Amortization period: The actual number of years it will take to pay back your mortgage loan. Appraised value: An estimate of the value of the property, conducted for the purpose of mortgage lending by a certified appraiser. Assumability: Allows the buyer to take over...

8 Things to Look for When You Buy a Home

Buyers Tips

When you fall in love with a home, the things you like about it can blind you to its problems. Next time you go to an open house or tour a property with an agent, keep your eyes open with these top tips: 1. Take a look at general upkeep. Is it clean? Are lawns left...

Homework for the New Home Buyer

Buyers Tips

Here is a list of some of the important costs and fees you need to be aware of if you are a new or resale home buyer. Property Transfer Tax. The property transfer tax is payable on any property purchase in Canada and is dependent on the jurisdiction where you are...

The Elements of an Offer

Buyers Tips

Here’s a quick reference to everything you need to know about making an on offer on a property. 1. Price Depends on the market and the buyers, but generally, the price offered is different from the asking price. 2. Deposit Shows the buyer’s good faith and...

Working with an Agent

Buyers Tips

Let your real estate agent do the searching for you. The best buys aren’t in the newspaper ads; most great opportunities are on “hot sheets” that are available every morning to salespeople with access to MLS information. An agent’s job is to:...