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Due to the recent tragic events in Japan, investors fear that a potential nuclear disaster could create serious problems for the Global economy. As a result, fixed rate mortgages are being lowered by some of Canada’s biggest banks. (TD Bank, CIBC,...
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Last October the Canadian Real Estate Association (CREA) announced new rules, allowing sellers to post their listing on Multiple Listing Services (MLS) for a minimal fee, without having to pay for agent services. The truth is, nothing much has changed....
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When purchasing a condominium it is important to ask questions regarding the reserve fund. The reserve fund, (also known as the repair fund’) is money set aside by the corporation for the purpose of covering future expenses. A percentage of your...
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Condominiums are ranked as the first choice among first time home buyers! New condo developments pressure buyers to sign up now and buy quickly- it is important to carefully review the deal and have a lawyer look at the contract. As well, it is recommended...
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A home inspection is a great idea, whether you are buying a brand new or a re-sale home. During the inspection, the inspector examines the property to determine the overall condition of the home. This includes all major components (i.e. Roofs, floors...
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