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So, you've decided to buy a new condo. Take note of what you want in your new condo, and then determine who can deliver. Buying a home is probably the biggest financial commitment you'll make in your lifetime. Do your due diligence to ensure you're making a smart investment.
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Prospective homebuyers face a growing list of challenges -- from skyrocketing prices in Vancouver and Toronto, to soft conditions in Alberta, to another round of mortgage rule changes. But there are some good reasons 2017 is still a good year to buy a home in Canada.
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Buying a new home -- especially for the first time -- is stressful, but ask yourself if your fears are founded on facts, or just a common case of cold feet? Nothing will ruin your home-buying happiness like having it engulfed in a wave of irrational fear.
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Buyers' criteria may vary depending on their age and location. When it comes to the value of your home, however, certain neighbourhood features have very distinct influences -- positive and negative -- that you should be aware of.
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Having adequate insurance coverage to protect you and your family in the event that you can't pay your mortgage is a great idea. But is mortgage insurance the right type to buy?
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Renting or buying? The bottom line is that everyone needs a place to live. We've all heard the endless debates of which option is best. The short answer to this topic is quite simple -- it all depends on preference.
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Buying a home can be an overwhelming experience. From figuring out your budget to deciding what neighborhood works best for you and your family, the considerations are endless.
Why is 2016 a good year to buy a home in Canada? Let us count the ways. While there are no guarantees, in short, real estate in Canada is a proven performer over time. Sure, Vancouver and Toronto have shown the most spectacular historical growth, but even unsung markets in eastern Canada have performed well over time.
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The majority of the impact will fall on first-time buyers.
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If you're planning on buying or renting a condo, here's an important lesson: purchase prices and rents will be higher the closer you are to major transit hubs such as subway stations. Sure, it's convenient to be located adjacent to a subway stop, but it'll cost you. How much? You'd be surprised.
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Renting isn't so bad, and until you're absolutely, positively ready to afford a house (and the seemingly endless costs that come with it), you should probably focus on the brighter side of tenancy. Take a step back, sit out the home buying season, and relax.
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Once upon a time we relied on a realtor to find us the right home. But now high tech-real estate websites are empowering many Canadians to shop for their dream home on their own. As the internet tran...
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Feeling caught in between a rock and a hard hat when it comes to real estate? Is a good deal feeling all too elusive? Cheer up prospective property owner! Here are 10 buyer/seller trends that will help you build your knowledge (and net worth).
With home prices skyrocketing in recent months, many home buyers are wondering if they will ever be able to afford a house in Toronto. In many desirable neighbourhoods, prices have already increased beyond what most people can afford. However, there are still some pockets in Toronto where value can be found. Here are 3 places to look for an affordable home in Toronto.
It's not a new concept for builders to offer incentives in the form of upgrades to potential buyers. However, I've been astounded by other incentives that have recently popped up in the Toronto real estate market. For example, Kylemore Communities has been offering $35,000 towards any new BMW, with a purchase of one of their specific condo developments.
After 32 months of house hunting in Toronto, I finally "won" a home bidding war -- and was then handed the unsavoury task of selling my previous house. Imagine our surprise when we learned that there were SEVEN registered offers on our home!