It is true that most mortgage applications push through without a glitch. However, there are some lenders and borrowers who do commit fraud to make things more favorable for them. While it may seem harmless at first, mortgage fraud could easily turn into a huge mess later on. It is not going to be …
Have you been browsing online sites for houses for sale? Have you been taking quick stops at some nearby open houses? Have you been trying to compute how much it will take for you to be able to afford the house you’ve been eyeing? If so, then you must be in that stage where you …
A property sold by power of sale means that it is not the homeowner, but the mortgage lender, who is selling it. It is a solution that is made available to lenders when homeowners default on mortgages. If you are interested in this as a buyer, here are some of the things that you should …
Things to Consider When Buying Power of Sale Properties Read More »
With the advanced technology that we are enjoying right now, a lot of people turn to it for all the things that need to be done. The Interne, in particular, seems to have all the answers to all your concerns. Instead of having a CPA do your taxes, you do it online. Instead of …
The real estate industry has significantly evolved in the recent years. It seems like driving around different neighbourhoods to look for houses with “For Sale” signs are now replaced by browsing through online listings. We cannot deny the convenience this brings. It definitely saves you time if you could look for houses while you’re home …
Why Virtual Tours are the Next Big Thing in Real Estate Read More »
Durham Region is the largest geographic region in the Greater Golden Horseshoe. It has one of the fastest-growing populations in Canada, with approximately 644,910 residents as of December 2013. Around one million people is the forecasted population by 2031. Why are city dwellers suddenly interested in relocating to this region? Accessible Durham Region is located …
Why City Dwellers are Relocating to Durham Region Read More »
Great news for homebuyers outside Toronto! You no longer have to worry about paying thousands of dollars in local land transfer taxes. This will be a huge opportunity for Durham Region’s home owners as well as to those who dream of owning their own home one day. What is Municipal Land Transfer Tax (MLTT)? Last …
No Municipal Land Transfer Tax for Durham Region Read More »
Month over month, real estate sales in the Durham Region have continued to meet and surpass expectations, and the numbers from August 2015 were no exception. According to Durham Region Association of REALTORS® President Sandra O\’Donohue, residential transactions for August peaked at 984, which marks a 7.1% increase in sales compared to the same period …
What You Need To Know About The August Housing Numbers In Durham Region Read More »
Since the Bank of Canada reduced their overnight lending rate to 0.5 in early July, the real estate world has been torn on what this might mean for home buyers and sellers. With the state of the Canadian economy in slight turmoil due to fluctuating oil prices, the Bank of Canada execs made the decision …
Mortgage Rates Are Low – Is Now The Right Time To Buy? Read More »
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