Almost all real estate deals will come into my office with a provision for the seller to provide a survey. If you are selling, be careful: you don’t want to offer more than you have. First, to be a survey, it must have a proper mark on it from a licenced surveyor. Many people produce… Continue reading Survey says
Learn Before You Leap
Article courtesy of Genworth Canada. Owning your own home is an exciting proposition. But before you can know whether homeownership is right for you, it’s important to understand what’s involved. The worst mistake you can make as a new homeowner is to buy a house that ends up over-extending you financially. The key is to… Continue reading Learn Before You Leap
Alarming
Many more people these days have alarm systems. These systems, like a hot water heater, are often rentals that are to be assumed by the buyer of the home. Be careful, however: sometimes they have particular rules about assumption, and sometimes the buyer will not want to assume them. When in doubt, spell it out… Continue reading Alarming
The CAAMP 2012 Mortgage Forum
Right now in Vancouver, BC, the annual CAAMP (Canadian Association of Accredited Mortgage Professionals) mortgage forum is taking place. It’s the annual “big event” in the Canadian mortgage industry where mortgage brokers, lenders and everyone involved in the Canadian mortgage industry get together to connect with each other and “talk shop.” If you’re so inclined,… Continue reading The CAAMP 2012 Mortgage Forum
Getting credit
If you are a first-time buyer, you are eligible for tax credits for costs associated with buying your first home. Items like legal fees, land transfer tax, and other costs associated with buying your home are open for a claim on your income taxes the following year. Keep those receipts! CesiaCesia is a real estate… Continue reading Getting credit