Owners can decide to sell a home at any time. However, if you are like most sellers who want to get as much money as possible from selling, it can take some work to get your house ready. Taking the time to prepare can seem tedious or even unnecessary, but the steps we...
Real Estate
5 title issues that can jeopardize a sale
Title defects, also called clouds on a title, can complicate buying or selling a home in Ontario. In some cases, they could derail a transaction altogether, so it can help to know what some common clouds might be and how you can avoid the complications they can cause....
Should we take out a reverse mortgage?
After retirement, you can find yourself needing more money than you have. For instance, if you or your partner gets severely sick or hurt, you may need extensive medical care. Or you may want to finally pay off your house or supplement your income so you can live life...
Costly (and often avoidable) mistakes Ontario homebuyers make
Between the challenges of finding the right house and figuring out how to pay for it, there is room for making mistakes when buying a home. Some errors are unforeseeable, and others are minor hiccups that do not significantly impact the buying process. However, other...
Tips for avoiding overspending on a new home
When you are ready to buy a new home in Ontario, you must consider where you wish to live, how big of a house you want and, perhaps most importantly, how much you are prepared to spend. While you may ultimately make some concessions in some of these areas, spending...
What to know about love letters and real estate
Buying a house right now is an unusually stressful experience for buyers across Canada. Between the low inventory and the high demand, people have to make quick decisions and pay more than they may have been prepared to get the right house. Buyers may also be...
What must owners disclose about a home during a sale?
Purchasing a home is a huge investment and an exciting opportunity. As such, it is a transaction with a lot on the line, and you should feel confident in the decision you are making. Having all the pertinent information about a home can be a significant contributing...
Conditions that could make or break a real estate transaction
Buying a home is one of the most significant purchases people will make throughout their lives. With hundreds of thousands of dollars on the line and a person’s living situation and lifestyle, buyers and sellers should carefully consider how they can protect...
What is condominium ownership?
Condominium ownership is a different type of property ownership than owning a house. There are many similarities, but there are some important distinctions that home buyers should be aware of as they do their research.One of the differences is that a condo corporation...
Must sellers disclose cannabis that was cultivated in their home?
Cannabis legalization presents home sellers with a problem: must they tell buyers that their home was used to grow cannabis in any amount? The stigma of cannabis cultivation or even consumption in a home is not an idle question. Forty-eight per cent of Canadians in a...