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When to Consider Buying a “Diamond in the Rough”
Let’s face it. When you visit a home during a scheduled viewing or open house, you’re usually seeing it at its best. The rooms are tidy. The sinks are clean. The closets are organized and uncluttered. Even the lighting is set to its brightest. That’s just good old-fashioned marketing. However, not every ...
Continue ReadingAssigning Property and the GST/HST Implications
The Federal Budget for 2022 has made amendments to Part IX of the Excise Tax Act (“ETA”). Effective May 7, 2022, all assignment sales in respect of newly constructed or substantially renovated single unit residential complexes or residential condominium units are taxable. For clarity, with respect to residential housing transactions, the ...
Continue ReadingCan REALTORS®—or Clients—Secretly Record Potential Buyers?
Smile! You’re being secretly recorded. Oh, the joys of privacy law! With more twists and turns than an Agatha Christie novel, it truly is the gift that keeps on giving… if you’re a privacy lawyer. For normal people, maybe not so much. Perhaps it’s because of the warmer weather that’s just around ...
Continue ReadingUnderstanding Market Value
When you decide to put your house up for sale, we will start by working together to determine the market value of your property. That’s important to know because if you price your home too much above its market value, you probably won’t get any offers. Alternatively, if you price ...
Continue ReadingHome Maintenance Tips for the Summer Season
Father's Day signifies summer is here! So here are my top tips to get you ready for summer. 1 of 17 Ensure all air vents are clean and uncluttered In keeping with maintaining proper air flow throughout your home, it’s important to make sure all air vents and returns (ducts that suck air ...
Continue ReadingHow to Find Industrial Real Estate (and save time)
Searching For Industrial Real Estate? Here’s How To Find It Industrial Real Estate has skyrocketed in demand over this economic cycle. Technology continues to develop at a breakneck pace, heavily influencing the way consumers can purchase and receive their goods. This rise of online consumer shopping has not only shifted consumer preferences, but has ...
Continue ReadingFinding the List Price “Tipping Points”
Setting the right list price for a home or investment property is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two properties are exactly alike. Yet, setting the right price is crucial. You need to avoid ...
Continue ReadingWorried about Finding a Home if You Sell First?
There are many reasons why selling your current home before buying another one may be a good idea. But, once you’ve made that decision, you may still worry that you won’t find another home to buy after you sell.Fortunately, there’s plenty you can do to minimize that possibility. For example, if ...
Continue ReadingHow to Avoid or Recover from Identity Theft
Types of ID fraud Identity theft is when someone uses your personal information without your knowledge for criminal purposes. They may use the stolen information to gain access to your financial accounts, hack into your online accounts, and/or defraud others. Once they access your personal information, identity thieves can also: spend money from your ...
Continue ReadingAdditional Costs When Buying a Home
The purchase price of your home is only one of the costs you'll encounter. Here are other possible costs you need to consider: Mortgage loan insurance: If you are putting less than 20 per cent of the house value down, you're going to need mortgage loan insurance. Depending on the lender, ...
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