Real Estate assignments, what does that mean ?

Some of you might have heard of the word “assignment”. This is a perfectly valid and useful instrument when used properly.

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What really drives up Canadian real estate prices?

A lot has been said regarding the major drivers regarding the Canadian real estate prices. A recent article in “Canadian real estate wealth” written by Ephraim Vecina reports interesting thoughts and findings by Bank of Montreal senior economist Robert Kavcic.

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Protect your boundaries

Last week, I attended a seminar held by the company “Protect Your Boundaries” and am willing to share with you a few points.

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Ontario Economic Update 2016

The Ontario Chamber of Commerce and the Credit Unions of Ontario have recently released a very interesting document called the Ontario Economic Update 2016.

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The full cost of buying a home

Most non-professionals do not really know the costs of buying a home. Let us try to summarise those in order to help you preparing your budget when you consider buying a home.

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What Does A Listing Sold “As Is” Mean?

Some of you might have seen or heard about listings mentioning that the home is in “as is” condition. To make it short, that means that “the property is being sold in its current condition and the seller won’t make any repairs as part of the sale. Basically, what you see (or don’t see) is what you get.”

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What happens with the deposits in case of failed transactions?

A recent article by RECO (Real Estate Council of Ontario) is a good reminder of what happens to deposits in case the buy and sell agreement does not go through.

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How is used Toronto's Land Transfer Tax?

This year the estimation is that the city will levy about $487 million and it is likely that this land transfer tax will account for half a billion dollars next year. This will represent nearly 5 percent of the city’s revenue.

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Multiple offers: new rules!

New rules came into effect on July 1, 2015 which change the way to handle offers. According to the Real Estate Council of Ontario (“RECO”)

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Recent Sales Figures And Forcast

Let us have a look at sales figures as we are now in mid 2015.

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