September 2018

There are 4 blog entries for September 2018.

Tips for Buying a Brand-New HomeA brand new home is often a symbol for hopeful homeowners who can't wait to start a new life with a clean slate. However, buying a newly constructed home means playing by a slightly different playbook than traditional home purchases. For a better chance at keeping the whole process in perspective, it's time to plan ahead with the following tips.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Schedules and Deadlines

Construction crews will usually do everything in their power to keep to their original schedule, but there may be unexpected weather delays that derail the completion date of the home. In addition, different provinces may enforce their

1,003 Views, 0 Comments.

Canadian Tax Concerns When Selling a Vacation HomeThey say the two happiest days spent in a vacation home are the day it's purchased and the day it's sold. While deciding that it's time to sell a vacation home can be a relief in many ways, there are also a few factors that need attention for a smooth sale with no surprises. Top among these are the tax considerations of the sale. Knowing what to expect in advance when selling a home can help avoid unexpected tax issues later on.

For informational purposes only. Always consult with a financial advisor before proceeding with any real estate transaction.

Is It a Primary or Secondary Residence?

In Canada, a family can typically only consider one residence their primary residence. In most cases, this will be the place where the owners spend at

674 Views, 0 Comments.

Important Mortgage Facts to Know When Buying a Vacation HomeThe idea of having a separate home to go to when taking a vacation can be really exciting. But for anyone who plans to do this and who plans to buy that home with a mortgage loan, there is important information they need to have. Mortgages for vacation homes are not going to be quite the same as loans for first homes, so asking all the right questions before signing on the dotted line can help prevent significant misunderstandings. Here are the main things any vacation home buyer should know when they start looking for a second home and a mortgage to go with it.

In most cases, the mortgage rates for vacation homes are higher than they are for homes that are occupied as primary dwellings. There are several reasons for that, with one of those

770 Views, 0 Comments.

Foundation Damage Information For HomeownersFoundation damage can cause serious problems with a home if it's not identified and repaired in its early stages. It's important for homeowners to be able to determine when a home has foundation damage. Knowing the signs, what to do and how to get the home repaired can help.

Warning Signs of Foundation Damage

Foundation damage is frequently subtle, and sometimes the warning signs can be difficult to detect. Often it takes a homeowner with a good eye or intuition to determine that their home's foundation has a problem. Some of the most common warning signs of foundation trouble include:

Cracks in the Foundation

Foundations can develop cracks, even if the foundation is in good condition. However, cracks that are wider than 1/2 of a

858 Views, 0 Comments.