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When you're house-hunting it's easy to focus on the “big” numbers like asking price and offer price. But before you sign the purchase agreement, you should take time to budget for the additional costs that come with every home purchase.
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Attention new home owners. We know you've waited a long time to finally move into your home and make it your own. But we offer these words of advice: Hold off on doing any renovations or repairs. Since your new home is under warranty, it's your builder's responsibility to take care of any defects which you identify. What's more, renovating a new home can actually jeopardize your warranty rights.
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Consider this: It's a cold winter day and you've just sat down with a mortgage professional to figure out how much house you can afford. You've determined that your finances are in order and you're ready to start looking for a home. You've heard that spring is the best season for buying and selling real estate. Does that mean you'll need to put your search on hold until the tulips start to bloom?
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There are many appeals and attractions that draw Canadians towards the condo life. Simplicity, efficiency, security, even glamour are all features that attract people to condominiums. But before making a down payment on your castle in the sky, you may want to reflect on the life you've already built − and on your future plans – to ensure that the home that has caught your eye is truly a good fit.
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When your dream house is someone else's dream house too, you may be facing a bidding war. Having to make an offer on short notice is not only stressful, it can present a real risk that something important will be overlooked.
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When it comes to real estate, there is no shortage of terminology and plenty of room for confusion. Here is a list of a few common real estate terms you'll hear at least once during your home buying and selling process...
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When buying a resale home, many prospective buyers hire a home inspector. It's not a requirement of course, but it makes sense. Why not check under the hood before spending all that money? When buying a new home from a builder things are very different. Often there is no house to inspect. There may not even be a hole in the ground. You are buying the future. It may take weeks, months or even years before you get to step over the threshold to that new home but when you do it should be for an inspection. In fact, builders are required to do a thorough, floor-by-floor walk through with you before they hand over the keys.
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The second busiest season for buying and selling homes is upon us, but what is it about autumn that causes an upswing in real estate activity?
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Buying a brand new home is a milestone that can signify the start of a new chapter in a person's life. But before you can begin to enjoy it, there are steps you must take to help ensure your new homeownership experience goes smoothly.
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There are so many decisions to make when buying a new home. The location, the layout, the finishes - the choices can seem overwhelming at times. But the biggest and possibly the most important decision is choosing a builder. So, before you make any commitments on which model home you like, whether to have three bedrooms or four, and what floor tile you want, be sure you have the right new home builder. Buying a new home might be the largest purchase you ever make so do your homework and make an informed decision
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If you're thinking about buying some property soon, you have taken the first of many steps towards making it a reality.
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There are many terms you'll hear real estate professionals use during your home buying process. While there are too many to list, these are a few you'll surely hear at least once:.
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Home ownership varies across the country – and this investment also varies among Chinese and South Asian newcomers. More than one-third (39%) who have lived in Canada for less than five years report they own a home or condo. Another one-third (34 per cent) plan to purchase property within the next two years, according to a Newcomer Home Ownership study conducted by RBC.
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Moving can be a real headache. For one, it requires a lot of planning: finding a mover, sorting your personal belongings and coordinating the timing of the move. Then, there is the constant worry of whether your belongings are safe as they get packed away, loaded up and moved to your new home.
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So you're ready to buy or sell your home, and you want the guidance of a real estate professional to help you with the process. But how do you pick the one that is right for you?
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