Author Archive
21 Jun 2013
What is Mortgage Protection Insurance
Mortgage Protection insurance is a form of insurance specifically designed to cover mortgage repayments if the policyholder becomes unable to make the payments due to any unforeseen circumstances, including sudden injury, illness or death etc. Mortgage Protection
21 Jun 2013
How to Lower Your Property Taxes
Like in any other part of the world, homeowners in Canada also find property taxes extremely burdensome and are rarely satisfied with the tax bill they receive every year for property. Property taxes are not only life
21 Jun 2013
How to Find the History of a House
If you are planning to buy an old home, you might be interested in knowing its history, such as who was the first owner, how many times has the house been sold out and whether the house
21 Jun 2013
How to Build a Modular Home
Modular homes are prefabricated houses, consisting of several factory-built sections called modules, which are assembled on-site to complete the unit. The modules are six sided boxes which are built in a moveable facility and then transported to
21 Jun 2013
Renting With Bad Rental History
If you have a bad rental history, chances are you may find it difficult to rent a new place. However, here are a few tips which you can utilize to rent a house or apartment, despite having
21 Jun 2013
How to Rent After an Eviction
Eviction is the expulsion of a tenant from a rental unit by the property owner, before lease term ends. A landlord can evict a tenant “without cause” or “for cause”. The “without cause” eviction refers to a
20 Jun 2013
How to Evaluate Commercial Real Estate
Commercial real estate is a property used for business purposes, such as private offices, shopping malls, boutiques etc. Property investors in Canada usually feel comfortable investing in residential property, but investing in commercial real estate has become
20 Jun 2013
How to be a Successful Real Estate Agent
Being successful as a real estate agent depends on how much effort you put into your work and learning new ways to stay ahead of the curve. However, there are some tips as well that can help
20 Jun 2013
Commercial Real Estate Marketing Plan
A good marketing plan is vital for a successful business. It helps the owners market their business efficiently and attract potential clients. If you are a real estate agent or broker and have been given the of
20 Jun 2013
Negotiating Real Estate Commissions
Buying or selling real estate is no doubt a strenuous task and it takes a lot of experience to understand the market trends. Nevertheless, the task can be a made a little stress free by hiring the
20 Jun 2013
The Canadian Mortgage Myth
Mortgage is defined as “a debt instrument that is secured by the collateral of specified real estate property and that the borrower is obliged to pay back with a predetermined set of payments.” Mortgage loan is usually
20 Jun 2013
Land Transfer Tax for First Time Home Buyer
Land transfer tax is a tax imposed by the Canadian government on the buyer of a property, and the latter pays it to the provincial government on closing – that is when the deal is complete and
20 Jun 2013
Investing in Pre-Construction Condos
Canada has one of the strongest condominium markets, and with immigration estimated to remain active over the next 10 to 15 years, the Canadian market is expected to continue to be an ideal place for real estate
19 Jun 2013
Improving Credit Rating for Mortgage
If you are planning to get a mortgage to buy a new house or a car, make sure your credit rating is good. This three digit number, generated from your credit report, plays a key role in
19 Jun 2013
How to Save for a Mortgage Down Payment
A mortgage loan traditionally requires the buyer to make a down payment of 10 to 25 percent of the purchase price of the property. Finding a mortgage that does not require you to make a down payment
19 Jun 2013
Questions to Ask Home Builders
When choosing a home builder, always go for the company that has been recommended to you by your local home builders’ association. You can also search for prospective home builders online, using the Canadian Home Builders’ Association’s
19 Jun 2013
Getting Security Deposit Back from Landlord
Security deposit is the refundable monetary deposit given to the landlord by a tenant to ensure the cost of repair for all the damages that have been explicitly specified in the lease agreement. When the lease ends
19 Jun 2013
Investing in Commercial Real Estate
Investing in Real Estate is a profitable business in Canada, but having the right perspective and a lot of patience are the key traits of a commercial real estate investor. Usually people start out investing in single
19 Jun 2013
How to Start a Mortgage Company
Starting up a mortgage company in Canada might seem to be an intimidating task, but following the steps listed below, you can easily establish your own mortgage company, without any legal issues. Acquire a mortgage license The
19 Jun 2013
Preparing a Foundation for a House
If you are planning to start a construction project, be very careful when setting up the foundation. Success of any construction project, be it a single story residential unit or a multistory commercial building, relies heavily on