Types of Home Ownership

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

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...

Suggested Questions For Listing Agents

How long have you been selling real estate? How many homes have you sold in my area? How familiar are you with my area? How long do your listings take to sell? Where is your office located? What educational designations have you received and how many Further Education...

8 Things to Look for When You Buy a Home

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

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

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...

Signing a Listing Agreement

The first formal step in selling your property is entering into a Listing Agreement with your Realtor. The Listing Agreement is a contract in which your listing agent’s brokerage commits to actively market your home for a specified period of time. It also...

Getting Your Home Ready to Show

If you’re planning an open house, or are expecting buyers to be looking at your home, make sure their first impression is a good one. Here are few hints for making your house look great to potential buyers: Exterior House in good repair House number easy to read...

Renovating for Resale

Renovations don’t have to be expensive or extensive to offer you a good rate of return. In fact, a quick coat of paint can go a long way to boosting your selling price. Just make sure your new decor is tasteful, with shades of white and tame versions of popular...