Buying a Home in a Less-than-ideal Neighbourhood Imagine you’ve found the perfect home It has everything you want — type, size number of bedrooms etc. It even has a great view. The only problem is the neighbourhood. It ‘s not exactly what you had in mind. Should you still make an offer? That’s a tricky […]
Condo Corner: The Upside of Downsizing
Condo Life Can Be a Fun Adventure – Be Certain You’re Prepared! Moving can seem rather daunting to some empty-nesters. So, if you’re considering “downsizing” to a condo, plan for the major adjustments first. Carefully consider furniture placement options that will use the space as efficiently as possible. Then reduce clutter by storing or sharing […]
As Expected, OSFI Tightens Rules for Non-Insured Mortgages
Here’s an excerpt from an article written by RBC Senior Economist Robert Hogue about the changes which took effect on January 1st, 2018 for those who purchase a home without insurance: Starting on January 1, 2018, residential mortgage borrowers with a down payment of more than 20% will need to qualify at a significantly higher […]
What You Need to Know About the New Fair Housing Plan
Thursday morning, Ontario Premier Kathleen Wynne announced more information regarding the efforts to cool the housing market in Southern Ontario. In the interest of keeping you up-to-date on what’s happening in today’s “interesting” real estate market, I wanted to take some time to speak to you, my valued clients, to educate you on the new […]