Author Archive

14 Jun 2013

How to Avoid Escrow on Mortgages

Escrow accounts are generally used to hold money which needs to be distributed or disbursed, in order to make sure that it is. If you purchase a house, you will need to pay taxes and insurance, which
14 Jun 2013

How to Become a Mortgage Loan Broker

A Mortgage is an instrument used to borrow money on account of collateral (usually property), which is placed under a consensual lien, until the borrower repays the debt and the related interest. A mortgage loan broker is
14 Jun 2013

How to Rent a Vacation Home in Canada

There are several benefits of renting a vacation home, especially in Canada, which is home to the Niagara Falls, and has diverse cities for tourists, ranging from the calm capital Ottawa, the huge and diverse Toronto to
14 Jun 2013

Cooperative Housing Federation of Canada

The Cooperative Housing Federation of Canada is a formal entity, representing the Canadian co-operative housing movement. Cooperatives can be formed regarding anything, food, credit, daycare, labor and housing. Housing co-ops facilitate their members when it comes to
14 Jun 2013

Is Homeownership Right for You?

You, like anyone else, would not mind a home of your own. If you have saved money, or have prepared the finances by getting a mortgage, and are ready to jump into the real estate market for
13 Jun 2013

How to Read a Property Survey

Reading a property survey is essential before you purchase any real estate, in order to assess its merits and find out more about its zoning, boundaries and connections. Usually certified land surveyors are responsible for conducting these
13 Jun 2013

Affordable Housing in Canada

The Canada Mortgage and Housing Corporation is primarily responsible for facilitating housing for Canadians and making it easier for them to meet their needs.  However, the real estate sector in Canada is efficient and around 80% of
13 Jun 2013

Current Real Estate Market in Canada

The Organization for Economic Co-operation and Development (OECD) prepared a world-wide report recently, according to which Canada, joined by Norway and New Zealand, has one of the most overvalued real estate markets globally. The report says, “Economies
13 Jun 2013

Buying a Property in Canada

Owning property is something everyone desires, and buying a property in Canada is not very hard, because the government has many programs in place to facilitate you. Save money Preparing the finances for a purchase is your
13 Jun 2013

What is Adverse Possession?

Adverse possession describes the case where a third party, a ‘squatter’, gains lawful title to your land, because he/she enjoyed actual possession and use of it, without interruption or deceit and did so openly and obviously for
13 Jun 2013

How Does a Property Lien Work

The word lien, in law, means a right over a property, exercised to recover a debt. Hence, the legal right to possess a property in order to satisfy a debt is known as a property lien. While
13 Jun 2013

How Much Commission do Realtors Make

A Realtor in Canada is not the same as a real estate agent. REALTORS® are licensed real estate agents who have a membership with The Canadian Real Estate Association (CREA). These professionals are bound by a code
13 Jun 2013

How to Finance a Home Construction

Owning your own house is not easy and even if you have the land for it, erecting the building of your dreams can be extremely hard, even more so than purchasing a pre-built house. However, if you
12 Jun 2013

How to Hire a Real Estate Lawyer

Hiring a real estate lawyer can benefit you in many ways. They know the law and have the experience which allows them to spot and resolve any issues that may arise from your real estate transaction. Your
12 Jun 2013

How to Advertise Real Estate

Advertisement is essential for selling anything, be it a car, a cat or a house. When it comes to real estate however, classified ads are the best and most effective ways to advertise. Your target audience will
12 Jun 2013

What is Appraisal and Home Inspection

Buying a house is perhaps the most important thing in a person’s life, and it needs your full attention before you make a decision. It is imperative that you find out everything about the property you are
12 Jun 2013

Benifits of Working with a Realtor

Buying or a selling a property, especially a home, is one of the most important as well as the most complicated transactions one makes in his/her life. It is a complex process that involves detailed market research,
12 Jun 2013

Side Yard Landscaping Ideas

A side yard is the uncovered, unused area on either side of a house. Many people find it difficult to find a landscape plan for that little stretch of land. If your new home also has a
12 Jun 2013

How to Buy a Home With a Low Income

Everybody dreams of buying and owning his/her own home, but given the escalating real estate prices, people with average incomes are left with just a dream. However, if you are a disciplined enough to stick to a
12 Jun 2013

How to Lease Purchase a Home

Lease purchase is a renting agreement which includes the option to buy the lease property later on. Such an agreement is useful if you want a specific house but your finances are not in order. Signing a