In the history of every house, there are issues – every homeowner and buyer knows that. But when you’re selling your home, what issues do you have to disclose? For example, do you have to reveal the presence of asbestos or black mold? Please follow and like us:
Refinancing gives the homeowners the chance to pay the amount of their prior mortgage by securing another loan. The mortgage financing with this new loan can come with new terms and a different – often better – interest rate from the old one. It can seem like a big decision, even though there are many …
Equally, dividing property is often seen as the fairest way to bequeath certain forms of wealth to children, but it can create challenges. For example, what if someone wants to sell a home they inherited with a relative? If you want to put a shared inheritance on the market, there are several avenues you can …
How Can I Sell A House I Inherited With A Relative? Read More »
When selling a home, sellers can expect the process to take a couple of months, maybe less, maybe more. Factors like the location, season, and surrounding market can affect how quickly one can sell their home, meaning getting to a closing date can sometimes exceed one’s desired timeline. Frustrated sellers fed up with the length …
Property investors are important to community revitalization, and it’s one of the reasons why I got into this business. My work lets people put money and work into damaged or disused buildings so that we can rehabilitate the properties and get them back on market, but it does so much more than make a tidy …
What Does Neighbourhood And Community Revitalization Mean? Read More »
“No longer on the market” is a pretty vague term in the real estate industry. It means different things in different contexts, and it could mean sold. However, the word “sold” is a pretty definitive way to say “the deal is done” with no reservations; another way is to take it off all listings completely. …
If you watch house flipping shows (and who doesn’t? They’re very addictive), you’ll know that every episode has a pretty predictable formula. The property owner has a huge list of must-haves and a very tight budget. The renovation team, always up for a challenge, then delivers the home of the property owner’s dreams, even after …
What Do All Those Popular House Flipping Shows Not Tell You? Read More »
Making the most out of investment starts with choosing the right type of property for your strategy and the amount of capital you’ve raised. Two of the more profitable ventures are multi-family homes and commercial properties. Please follow and like us:
When you purchase a home, the government applies a land transfer tax. This tax can easily be overlooked by investors who are weighing the final cost of a property. Regardless of the final figure, it’s almost always the largest piece of your closing costs! Please follow and like us:
If you’re getting a loan to buy an investment property, the lending institution will want to protect their money. An appraisal of the property is one of the ways they do that, and lenders often send in an Appraisal Institute of Canada (AIC)-approved expert to have a look inside. Please follow and like us:
