Blog Archive

21 Jun 2013

How to Avoid a Property Scam

Given the large amounts of money that are involved, the property business is a frequent target of scams and fraudulent schemes. While scammers have come up with numerous creative ways to cheat unsuspecting individuals out of their
21 Jun 2013

How to Determine Fair Market Value of a House

If you are looking to buy or sell a house in Canada, then it is advised that you check its fair market value before anything else. Remember, you do not want to make the mistake of paying
21 Jun 2013

How to Write a Tenant Complaint Letter

When planning to rent an apartment, one needs to be very thorough before moving in and make sure that everything is in order; however, it is possible that you might face issues later on, related to repair
21 Jun 2013

Buying Land to Build a House

In Canada the costs between building and an existing home are fairly close. However, building your own house gives you the advantage of choosing your own floor plan, and all the furnishing. The land on which you want to build the house holds the most
21 Jun 2013

How to Find Apartments for Rent

You can easily find a wide variety of apartments for rent in Toronto, Mississauga, Brampton, Scarborough, North York, East York, Etobicoke, York, High Park, Parkdale, etc. You just need to know where to look and in a
21 Jun 2013

How to Get a Quit Claim Deed

A quit claim deed is a legal document that is used by the owner to transfer the ownership (or title) of real property or real estate to another party. A quit claim deed is most commonly used
21 Jun 2013

Buying a Foreclosed Home at Auction

Offering the possibility of real estate bargains, buying a foreclosed home is a popular option with many aspiring homebuyers. The first step of foreclosure simply sees the bank or lender informing the homeowner about the financial situation,
21 Jun 2013

How to Secure a Promissory Note

Essentially a more formal version of an IOU, a promissory note is a legal document, in which a family member, friend, or business partner puts out a promise, in writing, to pay back the money they have
21 Jun 2013

How to Wholesale a House

Learning to wholesale houses is a great way to start out in the business of real estate investment and house flipping. Wholesalers usually find good properties and buy them at cheap prices – then, they resell these
21 Jun 2013

How to Appeal Property Tax Assessment

Whether you are maintaining your primary residence or running a rental property, property taxes form a major chunk of the costs. These are set by an official body which assesses the value of your home – however,
21 Jun 2013

Buying and Selling Houses for Profit

Buying and selling houses for profit, more commonly known as flipping, is when real estate investors purchases houses (generally at auctions), and then resell them at a profit after the passage of some time. Flipping can earn
21 Jun 2013

How to Avoid Inheritance Tax

First of all, you should know that Canada does not have any inheritance tax. Instead, the Canada Revenue Agency (CRA) handles the estate as a sale, except for when the estate is inherited by the spouse or
21 Jun 2013

Real Estate Investment in Canada

If you are planning to invest in Canadian real estate, you are in luck, as Canadian laws are considerably liberal regarding real estate investment. The first positive is that you don’t need to be a Canadian citizen
21 Jun 2013

How to Buy a Bank Owned Property

Foreclosed homes, also known as bank-owned real estate, are houses that have been repossessed by the bank after their previous owners ended up defaulting on their mortgage loans and consequently had their property rights terminated. The ownership
21 Jun 2013

Sample Real Estate Sales Contract

When finalising any deal in real estate you are required to sign a contract which will make the transaction legal. The real estate contract is not complicated and you can easily fill it on your own or
21 Jun 2013

How to Finance Real Estate Development

Real estate development is an easy way to make a profit, here all you need to do is buy a real estate with a low value, then develop it and later sell it for a profit. Canada’s
21 Jun 2013

Closing a Commercial Real Estate Deal

Closing a commercial real estate deal can be a very difficult and frustrating task, which takes new real estate agents months to master. Usually these new agents burn out on the profession before tasting any success. To
21 Jun 2013

How to Find a Real Estate Attorney

Hiring a real estate attorney is highly recommended if you are in the process of buying a home. A real estate attorney will help safeguard your interests throughout the process, ensure that you obtain all your rights,
21 Jun 2013

Advice on Making an Offer on a House

The home buying process involves stages like browsing through available options, viewing a variety of potential homes, and finally culminates in the aspiring home buyers fixing on the one house they like above all others – then,
21 Jun 2013

How to Become a Real Estate Investor

Real estate can be a very lucrative investment, and is considered by many as the quick road to wealth. However, becoming a real estate investor requires not only effort and hard work, but prudence and smart management.