Creating a second suite can be an effective way to increase rental income, improve property cash flow, accommodate multi-generational living or make more efficient use of an existing home. For an investor, the opportunity can be particularly attractive because the additional unit may increase revenue without requiring the acquisition of ...
Continue ReadingWhen mortgage rates begin to decline, it is understandable that prospective homebuyers may consider waiting. The reasoning seems straightforward: if borrowing becomes less expensive in the future, waiting for another rate reduction should make the eventual purchase more affordable. But real estate affordability is determined by more than the mortgage ...
Continue ReadingCommission rebates have become one of the ways some real estate brokerages differentiate their services. A buyer or seller may be offered a portion of the remuneration associated with their transaction back as a rebate, sometimes described in advertising as a percentage of commission, a fixed dollar amount or simply ...
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