Wondering whether or not condominium living really is the right choice for you?
Bob Sengar's blog
Buying a home is one of the biggest decisions you'll ever make. So when it comes time to signing on the dotted line, make sure you don't make that decision alone. To help you put together the right team of professionals, Canada Mortgage and Housing Corporation (CMHC) offers the following who's-who list of experts and what they should bring to the table:
First-time home buyers may be eligible for a 15 per-cent income tax credit
for closing costs.
In a presentation to the City's Budget Committee today, The Toronto Real Estate Board will be presenting its views, on the City's proposed 2016 Operating Budget, focusing on two key homeowner issues, fair property taxes and inflationary adjustments to the Municipal Land Transfer Tax (MLTT), while respecting Mayor Tory's MLTT election mandate and commending his leadership to ensure equity for taxpayers.
The following scenarios are examples of work that the City of Brampton Building Division does not require a building permit to be issued for:
Installing siding on a small residential building, depending on the distance between the building and the property line, contact the Building Division for more details
Replacing asphalt shingles on a roof, without any alterations to the structure of the roof or building
Are you gearing up to buy your first place? Arm yourself with these tips to get the most out of your purchase and avoid making 10 of the most costly mistakes that could put a hold on that sold sign.
1. Not Knowing What You Can Afford
First time home buyers who will move up in a few years.
Buyers who want the freedom of a house without having to pay the price of an average home.
Investors because these properties can offer an opportunity to turn a positive return on investment when you don't have to pay monthly maintenance fees.
Rotted Wood: Wood that's exposed to moisture rots over time. Inspect wood in the kitchen and the bathroom, including the tub surround, toilet seat, countertop, and flooring. These spots are especially vulnerable to moisture and should be protected with a special paint or finish. Don't forget to check the exterior of the home, including the deck, eaves, and trim, for signs of rotting.
In the real estate industry, wisdom has it that there are three things to look for when buying property. These are location, location and location. This mantra has become so overused, that most people have forgotten that there is real meaning behind it.
The definitions for Property Deeds and Titles are often confused. In real estate, however, it's important to recognize the difference.
Title: This refers to the lawful ownership of the property, whether
it's partial ownership or full ownership. Having title to a property
means you have rights to access, use and modify the property,
and transfer the interest or portion that you own to others.