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The Display Suite - what it is and what it isn't

October 11th, 2010

Most people drop by the presentation suite that a developer has set up for a presale building. In buying a presale you are actually purchasing a suite in a building that has not been built yet. In this the developer will set up a representation of what one of the suites will look like. When I say representation I say it loosely.

A developers display suite is not made up to be an actually rep ...

6 Steps to Finding a Good Realtor

October 8th, 2010

For many people, buying or selling real estate is the most important and most expensive financial decision they will ever make. It is important to have a good realtor working for you. Toss a lazy or incompetent realtor in there and you will be giving yourself a headache the size of your new mortgage.

 

  1. Narrow the List – the best place to start is by asking friends and family if they have ...

Landlords Can No Take a Pet Deposit

October 7th, 2010

According to the changes in the Residential Tenancy Act a landlord can take  up to ½ a months rent as a security deposit against damages to the property.

Equally the lanlord can take another ½ months rent for security against damages from a pet.

If you are a tenant with a pet you can be charged up to a full months rent as security deposit if you want to rent with a pet. All of this is kep ...

So, You want to Buy a Foreclosure?

October 5th, 2010
 

When you purchase a court ordered sale or a foreclosure, you, as the Buyer are purchasing the property in an as is where is condition.

What does this mean you might ask?

Sally Seller owns a house and has not made any mortgage payments for the past three consecutive months. Sally's bank forecloses on her and technically she is no longer the owner, the bank is.

Since the owner is the b ...

Congrats! You are a home owner, but now what?

October 4th, 2010

Awesome! You have paid the movers, unpacked your boxes, and you are officially moved in. Game over right? No the game has just begun. You are now a home owner and with that comes some large responsibilities. Here are some great tips to make being a home owner more fun and secure.

Keep Saving – with home owner ship comes some major expenses and even worse some of them can be unexpected. Just ...

What clean is to one person - may not be clean to another

October 2nd, 2010

Things are looking up! You bought your house, it’s a firm deal, the movers are booked, and you are really excited to be moving into your first new home. But the day comes for the realtor to meet you with the keys and you look around your dream house and it is not as it looked on the day of the open house. There are dust bunnies, crumbs on the counter and it looks as if the toilet has not been ...

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