This week presents a relatively new topic we have not really discussed before or educated you on – but important in the real estate industry and property ownership – some legal measures of real estate. Zoning by-laws are not the only source of…
Real estate agents and brokers typically do not focus much of their energy on marketing themselves, but in this day and age, it’s much easier to do so, and video is by far the most preferred type of online content. This is especially important for brokers who want to keep building a relationship with their…
Working in the real estate industry presents its own challenges (and fun!), and given we have never touched on this topic before – now can be a great time to bring it up. So what is it that we do? We work for prospective business and home buyers to arrange loans. We act as intermediaries…
In our last blog, we touched up on ways first time homebuyers could still afford their dream place even with the new mortgage rules in place, and that parents helping out through gifting a down payment and money was one of the solutions. This week, we elaborate more on how parental help can help their…
We are now at the beginning of March, and the new mortgage rules are seeing their effects on potential future homeowners, especially younger people with lower income than baby boomers. These mortgage rules, however, should not completely stop you from going after your dreams! There are still ways to figure out a home purchase, without…
We are now in 2018 – and the real estate market in Canada has brought fresh changes to the way we will be buying houses now and for the many years to come. And it’s not just an issue of very high prices anymore… On New Years’ Day, a new mortgage rule was approved that…
This is our last blog of 2017, and we thought we would use this opportunity to ‘review‘ the many topics we have covered in the last 12 months. There are two published blogs per month and under each month, a very brief summary of topics covered. January We began the year by discussing factors that could affect…
Mortgage rules. October 2016 saw a drastic change in banking policies who lend money to homebuyers by adding more regulations against those with unfavourable incomes but want expensive homes. October 2017 also saw some additional changes with more enforced regulations. So what will 2018 bring? The 1st of January 2018 will see…
Last week, I had the pleasure of speaking to a friend who recently bought a home in Ottawa, as to get some insights about his experience with the building and mortgages. David and his partner moved into their home in December of 2016 and here is the conversation we had. Eric: How did you go…
It has been a while since we have touched back on this topic, and given summer is a season where many transactions take place in the real estate market, we thought it could be a good idea to remind upcoming homebuyers of the process behind a future purchase. A mortgage…
