In a real estate transaction, there's a lot more to an Offer to Purchase than merely the price a buyer is willing to pay. Obviously price will play an important part in your decision to accept an offer -but there are several other factors that must be weighed carefully in your decision making.
These include a suitable closing date, financing, conditions, and items which are to be included in the ...
Posted by Tej Gill
on November 29, 2010
Finding the perfect neighbourhood to live in can sometimes be a daunting task. So many factors to consider: How long is the commute? Is it a family area? What is the crime rate?
I’ve done a lot of travelling across Canada these last couple of months, from Moncton NB, to Kelowna BC, and all the major cities in between. From what I’ve seen, each neighbourhood and city is unique in that ...
Posted by Don Lawby
on November 24, 2010
The days are getting chilly, and the nights even more so. Your home is a place of comfort and one of the biggest costs of comfort during these colder months is home heating.
According to Statistics Canada, in 2005 the average Canadian resident paid $142 per month for home heating. Add 10 years of inflation on top of that as well as taxes and you have some big numbers.
After experiencing ...
Posted by Paul Baron
on November 19, 2010
For many long years we have waited for the scanning methods of technology to be used in our society. I've seen the Japanese use this technology for many years and have wondered when it will be available to us. Well it is here. We can now use our cellphones and PDAs to pay for coffee, taxi rides, and even board a plane.
The Real Estate industry has also moved forward ...
Posted by Manuel Bustamante
on November 17, 2010
For the first eight Remembrance Days of my life, we were on the Parade Square regardless of the weather - most of the time in the wind and snow of some Canadian Army Base. There was "Taps" and cannon fire and 21 gun salutes along with the laying of wreaths. Lots of soldiers - lots of marching and plenty of sorrow amongst the parents and grandparents. Pretty standard Canadian tradition - and like most ...
Posted by Brenda Ellis
on November 11, 2010
Special purpose financing can meet unique borrower needs not addressed in standard marketplace offerings. Here are a few examples:
Blanket Mortgage: A blanket mortgage is a single mortgage registered against two or more properties allowing the lender recourse against all properties should default occur. For example, an owner requires financing for the purchase of a recreational cottage. The ...
Posted by Gurdeep Sidhu
on November 9, 2010
As many of you have heard, Century21.ca launched a new tri-lingual iPhone App that allows you to search for properties while on the go.
The app uses iPhone’s own GPS technology to help you find properties within 1, 5 or 10 kilometres away. Searches can be narrowed down by price range, how many bedrooms you want and how many bathrooms. All the listings contain lots of details ...
Posted by Don Lawby
on November 5, 2010
If you're getting ready to put your home on the market, it is no secret that it is intensely competitive. With this in mind, you are probably thinking about making some home upgrades that are certain to attract flocks of buyers. While it's certainly a smart move to make a few improvements, don't overdo it. If you spend stacks of cash on remodelling expenses, you'll probably never recoup your investment ...
Posted by Keeley Ward
on November 4, 2010
These questions will help you decide whether you’re ready for a home that’s larger or in a more desirable location. If you answer yes to most of the questions, it’s a sign that you may be ready to move.
1. Have you built substantial equity in your current home?Look at your annual mortgage statement or call your lender to find out. Usually, you don’t build up much equity in ...
Posted by Shandee Weinrich
on November 2, 2010