Condo Hunting Tips
Buying your first condo can feel intimidating at first, but the process is a lot easier than you think. Your real estate agent, lawyer, and bank representatives can help guide you to buying the right condominium that suits you, so choose them wisely and don't be afraid to ask questions. Here are some tips to help you start your search and find your dream condominium.
1. Make sure you get what you w... read more.
Why use a mortgage broker?
Finding the right home may seem like the hard part of a real estate transaction, but in reality, getting the best financing can be much harder. This is partially because we have so many options nowadays for mortgage loans and so many places to find them. A mortgage broker or your local bank can provide your options clearly. They will be armed with what you want in terms of loan term, ideal rate, t... read more.
Property Assessments
New Year. New Property Tax Assessments
As REALTORS®, this is the time of year where we traditionally field questions from both our buyers and sellers relating to the disparity between current published tax assessments and the market value of the properties they wish to sell or purchase.
This year we have seen rates rise substantially, which may seen counterintuitive to what we see in the market.
Res... read more.
What is a flat fee listing?
With the recent CREA agreement with the competition bureau, there have been a number of questions about what Flat Fee models are and how they work.
Flat fee, or For Sale by Owner (FSBO), companies typically provide a kit to a seller that may include a sign and the ability to place a property on the MLS system, now known as a “MERE POSTING”, for an up-front and non-refundable fee.
These companies all... read more.
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