Blog Archive
21 Jun 2013
Buying a Foreclosed Home at Auction
By Keira Rowland On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Derrick Smith On 21 June 2013 In Blog
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
By Derrick Smith On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Derrick Smith On 21 June 2013 In Blog
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
By Derrick Smith On 21 June 2013 In Blog
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
By Derrick Smith On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Keira Rowland On 21 June 2013 In Blog
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
By Daniel Lewis On 21 June 2013 In Blog
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.
21 Jun 2013
How to Find Real Estate Auctions in Your Areas
By Daniel Lewis On 21 June 2013 In Blog
If you are seeking real estate investment opportunities, you should keep an eye on all real estate auctions. Auctions are much more common in the US and Australia when compared to Canada; and home owners are generally
20 Jun 2013
How to Make Money from Property Development
By Keira Rowland On 20 June 2013 In Blog
Property development requires a few things if you want to be successful at it and profit in a big way – you need to be thoroughly talented at the process of buying and selling property, you need
20 Jun 2013
How to Become a Real Estate Appraiser
By Keira Rowland On 20 June 2013 In Blog
Becoming a real estate appraiser in Canada can be a difficult task, as the requirements are steep and standards are high. In order to become a home appraiser, you need to have certain academic qualifications, undergo training,
20 Jun 2013
How to Cancel a Real Estate Contract
By Keira Rowland On 20 June 2013 In Blog
Contracts are generally legally binding, and cannot be taken lightly – however, they can be terminated under certain conditions. In real estate, there are two basic types of contracts – the contract you sign with your agent
20 Jun 2013
Buying and Flipping Real Estate
By Keira Rowland On 20 June 2013 In Blog
Flipping a house means buying a property cheap, at below market price, increasing its resale value, and then selling it fast to obtain profit. Flipping might not seem like a profitable venture given the current financial crisis
20 Jun 2013
Do you Need a Lawyer to Buy a House?
By Derrick Smith On 20 June 2013 In Blog
Practically speaking it is not compulsory to need a lawyer when buying a house as this can be done between you, a real estate agent and the seller. However, if you want your agreement to be flawless