Home Buying Strategies
Posted on Feb 18, 2022
10 Tips for Home Buyers
1. Write out the wish list
Determine needs and wants. Create a list of features you could do without, and ones that area absolute must-haves. Consider lifestyle as well. Do you like being close to downtown, or would you prefer living outside the city? Do you like the prospect of maintaining a garden? Where do you want your chi...
Title Insurance
Posted on Dec 17, 2021
When Title insurance was first introduced in Canada it seemed to cover a property from “sidewalk to fence.” It’s still an important consideration, but before you purchase, compare policies to find out what’s covered and be aware of possible exclusions, which may include:
- Known title defects (that were revealed before the property was purchased);
- Envi...
How the Bank of Canada Measures Inflation
Posted on Oct 22, 2021
The Bank of Canada sets monetary policy by targeting inflation. First introduced in 1991, the inflation-control target is set jointly by the Bank of Canada and the Federal Government and reviewed every five years. In 2016, they agreed that the inflation target will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control ran...
Understanding a Condominium Lien
Posted on Oct 14, 2021
A Condominium Lien is a legal interest or right that the Condo Corporation has against a unit of the condominium complex. It enables the Condo Corporation be paid from the proceeds of sale of the unit, to cover Common Expense debts and interest that may be owed and outstanding to the Corporation.
If the Condominium Corporation doesn’t effectively en...
Home Inspection Checklist
Posted on Sep 17, 2021
The inside-outside visual inspection will detail many areas of the home – for buyers the checklist will outline what needs to be done and when. For sellers - some key points that will want to addressed before anyone shows up with a clipboard.
Exterior
Foundation: Are there cracks? Does the grade around the foundation have the water draining toward th...
Thermostat 101
Posted on Sep 17, 2021
During Winter, why does lowering your thermostat during certain times of the day save you money?
When my oldest daughter was at University, she shared a home with 4 other students. They're seeing first hand that heat ain't cheap! She called me for some insight on a discussion she was having with her roommates on how they could save money on their he...