Most new home buyers don’t know and why would the builder want you to know this anyway?! Empowered buyers are using Tarion to fight back. I encourage you to consult with your lawyer on this matter. For more details go to www.tarion.com. Condominium buyers do you know that most builders will give permission to assign your unit during the interim occupancy period for a fee?Why is this a better ...
Posted by Randy Ramadhin
on June 10, 2011
As with many areas across Ontario, Brampton is seeing an explosion in housing development presently. And this exciting new trend is set to continue with Preston Homes leading the way. With their innovative approach and experience, the new residents of the community are likely to be well looked after; no matter what individual or family budgets are.
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Posted by Randy Ramadhin
on June 10, 2011
I recently discussed with an investor class a question: “Where should I invest in a condominium?”. The question of freehold versus condo has already been answered because the investors were interested in a low hassle investment, read other blog titled “How Can Condo Investing Work with High Maintenance Fees“.I asked, if you bought a 1 bedroom plus den downtown Toronto versus ...
Posted by Randy Ramadhin
on June 10, 2011
Urbanation has just released their first quarter numbers in 2011 for condo sales. They announced sales as being just under the amount of last year this time. The average price per square foot is $480 compared to $443 last year.
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Posted by Randy Ramadhin
on June 10, 2011
On Tuesday, April 5, 2011, I listened to the Transportation Master Plan for Halton Region. This region consists of Oakville, Burlington, Milton, and Halton Hills.
Why has the average value of homes in Oakville increased to $572,909 in March 2011 and seen a 6% increase year over year. Why has Milton increased to an average home price of $409,207 in March 2011 and has similarily a 7% increase year ...
Posted by Randy Ramadhin
on June 10, 2011
The Canadian government is averting potential overleveraging of Canadian families by a) not insuring HELOCs or Home Equity Line of Credits over 80% of the appraised value of a home, b) not allowing homeowners to refinance more than 85% of the appraised value of a home (previously been up to 90% of the value), and c) not allowing amortizations to exceed 30 years (previously been up to 35 years).
What ...
Posted by Randy Ramadhin
on January 20, 2011