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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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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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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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Are you planning to put your property up for sale? If so, and if you'd like to increase its value, think strategically about how, and where, to remodel. Take a look at a few ideas to prioritize any refurbishing and upgrades for the best success in the re-sale market...
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When it comes to finding just the right home, it's important for prospective buyers to have far more than just a good feeling before putting an offer on the table.
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Buying or selling property is a complex process, but it's not a lonely one. Real estate experts estimate that a person could speak to as many as 14 different professionals during the process.
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Purchasing a home for the first time is an experience no one forgets – so don't let yourself get overwhelmed. With so much to consider beyond the mortgage payments, inspections, and the property taxes, many first-time buyers overlook important maintenance tasks that should also be done right away for energy efficiency and to save money in the long run.
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Is 'homey' the ambiance you would like to create for family and friends?
Merriam-Webster's dictionary definition: Hom-ey (adjective) comfortable, or familiar like home. It is short and sweet but how exactly do we make our homes more comfortable and familiar for us so that they are truly a retreat?
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Love is in the air. You and your significant other spend winter evenings bundled up on the couch, your friends all get along and every day is a new adventure. You're together so often that you might as well take the next step and move in with one another…but wait just one minute. Have you considered all the implications of cohabitation? Living together can take a relationship to the next level, though there are important things to take into consideration before making that leap, as follows...
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Home ownership is part of the Canadian dream, according to 90 per cent of Ontarians who participated in a recent study by the Ontario Real Estate Association (OREA). Achieving that dream however, requires serious planning...
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The decision to buy a home is usually both exciting and daunting. While you may know the size or style of home you want, such as condominium or townhouse, the choice between a new or resale home is another important consideration....
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