Do I need to disclose a death or stigma? What are the rules?
Posted on Jun 04, 2019
1. Patent or visible defects do not need to be disclosed
If you can see a defect during a typical home inspection, it does not need to be disclosed by a
seller. This can include a crack in a window, mirror or kitchen counter, a stain under the bed
or damage to a wall behind a picture. It can even include KITEC plumbing, which is
typically visible. The...
Bidding Wars Are Still Happening...
Posted on May 08, 2019
Bidding wars are still happening…..
With a fewer number of homes on the market, we are still seeing some homes generating more than one offer.
It isn’t necessarily a “war” – it is a home that has multiple offers. Although buyers will often say they won’t have anything to do with these situations, they are the only ones that could potentially lose the...
Top Renos
Posted on May 08, 2019
Top Renos
In any type of mark...
First Time Homebuyers Catch a Break
Posted on Apr 29, 2019
First Time Homebuyers Catch a Break With Slowing Home Price Growth
We have some good news and we have some bad news, prospective homebuyers in Canada.First, the bad news: According to the latest Royal LePage House Price Survey, home price growth in many of Canada’s real estate markets is slowing. This means, if you’re looking to buy a home, its valu...
First Time Homebuyers in Canada Expect a Gift From Family or Friends
Posted on Apr 25, 2019
1 in 10 first-time homebuyers in Canada expect a $100,000 gift from family or friends, study finds.
A new study reports that about 10 percent of first-time homebuyers in Canada are expecting to receive a financial gift of $100,000 or more to help with the purchase of real estate.
In Ontario, this number is slightly higher at 13 percent, according to...
Be Prepared For What's Coming In 2019
Posted on Apr 02, 2019
As a result of recent announcements by the Federal, Provincial and Municipal governments, change is coming to the real estate industry and real estate agents and their clients must be prepared in order to adapt and succeed in the coming year. Here are 5 things to know.
1. New Federal assistance for qualified first time buyers.
The Federal government...
