There’s a lot of things to consider when buying a resale condo. One these factors is whether a condo community is right for you. That’s why you have to review the condo rules and regulations that govern the development. These...
Are you looking for a new home? Do you know whether you want to rent or buy? Are you familiar with the benefits of each option? The choice between buying a condo or renting an apartment can be complex and...
Condo closing costs are a series of cash transactions the buyer needs to pay at the time possession is handed over. As we’ll see below, each closing cost isn’t outright expensive. But because there’s so many of them, new condo...
When you buy a new or resale condo, you also commit to paying the condo fees that go towards maintaining and upgrading the common elements. Condo developments are co-ownership arrangements. Every owner contributes towards ensuring the development stays in good...
If you’re buying a resale condo and found the property you want to purchase, you’ll place a conditional offer to the seller. The conditions of the offer are usually securing financing and reviewing the condo building’s financial statements. However, did...
If you’re thinking of buying a condo, you may be worried about your credit score. That magical number lenders will look at to determine if you’re worth lending money to. If you read our advice for first-time condo-buyers, you may...
According to Statistics Canada, one in eight dwellings in Canada was a condominium. Of these, over 3/4 are in Toronto, Vancouver and Montreal. These cities are building upwards instead of sprawling. The odds are, if you’re buying a condo in 2018, you’re...
One of the great perks of buying a pre-construction condo is getting to choose the finishes you want for your new home. The day you move in, there’s no need for renovations: everything is the way you want it. However,...
According to a 2016 nation-wide survey, almost 41% of Canadian households include at least one dog and around 37% at least one cat. Overall, there are at least 8.8 million cats considered household pets and 7.6 million dogs. Contrast these statistics with the growing...
“If I had to live my life again, I’d make the same mistakes, only sooner” – Tallulah Bankhead. While this advice is relevant to daily life and growing as a person, home buying mistakes can have lifelong consequences. The average...