Buying

+
Should I Buy a Pre-Construction Condo or a Resale Condo?
Should you purchase a pre-construction condo or a resale condo.
continue reading
+
Understanding Interim Occupancy
When purchasing a new pre-construction condo, first-time home buyers are often surprised to find out that there are essentially two closings, the "interim closing", and the "final closing". During the interim closing, you are given the keys to your unit...
continue reading
+
Pre-Construction Condos: Development Charges / Levies
Buying a pre-construction condo can be exciting, but when it comes to the financial aspects of it, most people are in the dark, which can lead to disappointment in the end. The problem is, buyers tend to only look at...
continue reading
+
Should I Buy an Assignment Condo?
With a number of pre-construction condo properties scheduled to be completed in 2019, opportunities to purchase a condo via assignment might increase. The fact of the matter is, some people who may have had good intentions to buy a condo...
continue reading
+
Fixed Rate vs. Variable Rate Mortgages
When it comes to mortgages, it is always best to ask the experts, so yesterday I had the chance to sit down with "Your Rate Guy," Dan Mizrahi, an independent mortgage broker with Mortgage Outlet Inc. who finally answered the...
continue reading
+
Can I Get a Mortgage if I’m Self-Employed?
I get it, Toronto is cool. It's got an incredible nightlife teeming with exceptional cultural experiences and access to amazing food from every corner of the world. It's also a city featuring a significant number of people who work for...
continue reading
+
Don’t Stress About the Stress Test
Don't let the Stress Test stress you out. Here is everything you need to know to understand what it is and how to plan for it. As of Jan. 1, 2018, Canadians getting, renewing or refinancing a mortgage might have...
continue reading
+
All About Closing Costs
Budgeting for a condo is more than just looking at the purchase price and down payment, you need to also prepare to pay the closing costs. What exactly are closing costs? Simply put, closing costs are expenses, over and above...
continue reading
+
Five Reasons to Use a Realtor When Buying Pre-construction Condos
The Toronto condo market continues to grow and new and exciting developments seemingly pop up overnight, but don't let the excitement cloud your common sense.  If you are considering purchasing a pre-construction condo but thinking of not using a Realtor,...
continue reading