Pros and Cons of Buying From a Builder
Posted on Jun 14, 2019
PROs:
1. You can choose your finishes
2. You can choose your lot location
3. There will be no stigmas or previous history of other occupants
4. Often, but not guaranteed, you pay a price today and it will be worth more by the time you move in
5. You can increase your down payment by giving the deposit now and saving over the next 12-24 months while it’s...
Short Term Rentals and Air BNB – 5 LessonsYou Need To Know
Posted on Jun 10, 2019
1. What are the rules for AirBNB?
Every city in Ontario either has or will be announcing what the rules will be for renting out all or part of your property on AirBNB or other short term rental websites. In Toronto, for example, it is expected that only a principal residence will be able to be used for AirBNB. You can either have up to 3 of your bed...
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...
