With Canada’s labor market experiencing new impacts from tariffs; many tenants are trying their best to get by with less income, rising inflation and higher rents. At the same time the real estate market is trending towards a buyers market and investors with rental properties want to sell to maximize ...
Continue Reading1-Property tax. May of the services you will enjoy in your new neighbourhood, from parks and recreation facilities to road maintenance and schools, are funded by property taxes. Rates vary widely from region to region and home to home. Annual taxes can top several thousand dollars in urban centres, so ...
Continue ReadingMy salesperson showed us two property listings and, in both instances, we wanted to submit an offer. But the properties were sold before the posted offer date. How can this happen? In a seller’s real estate market, you can expect to find that more than one buyer is interested in ...
Continue ReadingWhen you buy a property, you buy any latent defects. This is why it’s important to properly inspect a property before making an offer to purchase. Patent Defects A patent defect is a defect that is obvious enough that it should be discovered during a reasonable inspection of the home. ...
Continue Reading1-Know why you really want to go. Some reasons are obvious, such as the need to sell if your moving to another city or putting in an offer on a new home. Other needs may be less definite, such as outgrowing your space or concerns about cash flow. By working ...
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