What documents do I need when applying for a mortgage? Are you getting ready to buy a home? Getting pre-approved for a mortgage (vs. just “pre-qualified”) is an important step in the home buying process. It will help you determine what you can afford, prepare your monthly budget that includes your mortgage payments, and will.. read more →

You may have heard of a condominium special assessment, these can be quite scary for the prospective condo owner and buyer. When a condominium all of a sudden needs an emergency repair – for example, the boiler breaks or the exterior is crumbling – the cost is passed on to owners in the form of.. read more →

What requires a building permit in Toronto? If you’re planning on renovating or updating your home to live in and enjoy and/or increase its value before selling, you may need to take out a building permit. According to the City of Toronto, you will need a building permit to: Construct a new building Any addition to.. read more →

The Toronto Star came out with a helpful article that identifies some important questions to ask if you are giving thought to purchasing a new home through a builder, be it a freehold home, a townhouse or a new condo: 1) What is the builder’s reputation? 2) Is the developer purchase contract unfair to buyers?.. read more →

Are you considering buying a home or condo in Toronto? There are a few different factors to consider if you’re having trouble making that final choice. Your Budget. Condos are traditionally less expensive than homes, so they may be more suitable to people’s budgets. However, many people don’t consider the the monthly maintenance or condo.. read more →