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GST and Real Estate
One of the most confusing areas of real estate is the GST. Most resale homes are exempt from GST, but buyers should still ask the

Important Dates In Every Real Estate Deal
Every real estate transaction has three key dates. Each must be clearly spelled out in the offer and adhered to-or the deal is off. The

Getting Interest On Your Deposit
Despite what many buyers of resale homes and condos believe, interest isn’t automatically paid on a deposit in a real estate transaction. They only get

Deposits-A Vital Part Of Every Deal
Deposits serve two purposes-part payment of the purchase price, plus an assurance the buyer will close the deal. Usually an uncertified cheque accompanies the offer;

Making Your Offer To Purchase “Conditional”
When buyers and sellers strike a deal, loose ends often need tidying up before the buyer will proceed. Typical examples: financing, a home inspection, and

Lawyers/Notaries-Not Just Anyone Will Do
Buying and selling real estate has become very specialized the last few years. So when looking for a lawyer/notary, make sure it’s a real estate

Home Inspectors. What Every Buyer Needs To Know!
If you’re buying a resale home and don’t want to inherit the seller’s headaches, a home inspection is a must. Usually the offer to purchase

Free Money For First-Time Home Buyers!
The key to that fabulous house warming gift from the federal government: The Home Buyers’ Plan, better known as the “RSP Program”. It lets first-time

Buy First Or Sell First?
Which comes first-the purchase or the sale-is the greatest dilemma facing homeowners planning to move-up. If you choose to buy first, make sure the offer

What Exactly Is a Condominium?
A Condominium is more than a “Lifestyle”; it actually describes a form of land ownership. In both high-rise apartments and townhouses, buyers own a specific

Why Buy a Brand New Home?
Newly-built homes have enormous appeal. If you decide to buy a new home, you must know, that you can bring your own realtor, because he

The Advantages of a Resale Home
While many buyers shy away from used cars, that’s not the case with “used” or resale homes. As a resale home exists, you don’t have