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Recently, banks and finance companies have started to assert a condition of reviewing condo docs and financial statements of the condominium corporation on closing. This can, and has, caused serious problems for both buyers and sellers because financial institutions are not disclosing this condition to buyers when ...
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PART 1 – The What
As a home buyer, what can an agent do for me?
A buyer’s agent is experienced in helping you, whether you are a first time buyer or you are on your fifth home. Your agent can help you decide your needs and budget if you are not already clear. Your agent can also help you find properties to view. Knowledge is key in ...
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Choosing a lawyer is much like choosing a realtor. Just because you, as a buyer, find the cheapest option, it doesn’t mean it’s the best option. The best method to find lawyer is to go to a small to mid-sized firm and ask for a real estate specialist. Or, you can ask your realtor for the lawyers they use. Some of the duties that are ...
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Some buyers can be qualified under the Home Buyers’ Plan to use RRSP’s towards the purchase of a new home. This is advantageous for many buyers because this money is withdrawn without penalty. This means not taxes are owed and no interest is paid.A home buyer, and his/her spouse, are each able to withdraw a maximum of $20,000 from ...
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