There are many benefits to owning a condo, most of all that you OWN a condo, but sometimes the lifestyle is not for everybody. Take a careful look at the way you live your life before you jump into your first condo purchase. A condo can be more than a financial commitment, it can also be a social commitment, and there are a few considerations to take to make sure your condo experience is a go ...
The key to home renovation projects today is choosing the best places to sink your money, that give immediate gratification and make your house look great, plus will get you money back when the time comes to re sell that property.
If you are a handy person, then you can save on the costs of labor and do it yourself over the space of a few weeks and some takeout pizza and beer. If not then hir ...
Before you go and start investing huge amounts of money to make that new home of yours the best on the block and the envy of all the neighbors including the Jones’s think about your renovation and whether or not you might be able to recoup the costs of that reno, and whether it will be good for the re sale value of your home. We all know the best time to think about selling is when you are bu ...
It’s so awesome and you are just so excited to move into your first condo that you got an accepted offer on last night. You are reading through the minutes and all of a sudden you see that the strata has passed a special assessment to the tune of $20,000. Immediate panic and a sick feeling in your stomach. Where or where will you get $20,000?
Good news! Special assessments are based on unit ...
When you write a presale contract it is a little bit different from a resale contract. In a resale contract, or used real estate, you write your offer with subjects on it, such as subject to financing or subject to a building inspection.
When you write a presale contract (a contract on a unit that is being sold by a developer and is not even built yet) instead of subjects you get 7 days right ...
This becomes a very sticky situation. Your possession date is 12:00 noon, and you get a call from your Realtor that the Seller has left most of their personal effects in the property that you would like to move into. What happens then?
What do you do with the other persons junk? Because lets face it, it is junk, they don’t want it, you don’t want it because it is in your new house, and what h ...
Simple answer no.
Money that is taken as a deposit in a real estate transaction is a show of good faith to the Seller, and it is also held by a stakeholder by a party to the transaction. Traditionally the deposit is held by the Buyers agent’s real estate office in a pooled trust account that is audited by the Canadian real Estate association.
When the deposit is taken, it can be in the form o ...
The best time to think about selling your home is when you are buying it. Seems odd but it is the truth.
When buying a new home you must think about resale value. Of course the old adage about location location location is very important – so important all realtors repeat it twice.
When looking at homes think very carefully about what kind of neighborhood you want to live in. By looking at co ...
When you put your house on the market, it is very emotional and exciting time all around. The best way to make it enjoyable and good experience is to avoid some of the biggest mistakes people seem to make over and over again. Don’t fall into their headaches.