You have found your dream condo. You fell in love with the building plans and you signed a preliminary contract with the intent to buy a unit in this building. The agreement stipulates that you will take possession [...]
The preliminary contract is the first step in the purchase of a new property. It is a critical legal document similar to the promise of purchase which precedes the purchase of a property from a previous owner, but [...]
You’re almost ready to realize your dream and buy your first home, but the very thought of a mortgage gives you hives? You don’t understand anything when it comes to down payments, interest, insurance, amortization and mortgage terms? [...]
Almost every single new home is covered by a guarantee program. For the guarantee to fully apply, it is standard procedure for the buyer to complete a pre-acceptance inspection in the presence of the builder. This inspection marks [...]
When buying a new property, we readily consider the down payment, notary fees, welcome tax and inspection costs, but we often forget the expenses related to insurance. As a new home buyer, however, you will be faced with [...]
Beginning with the selling price of the property that you are interested in, the purchase of a house or condo involves many different expenses, some of which you may not have considered. From the welcome tax to notary [...]
You will not be alone if you decide to purchase a new home: there is a team of professionals who will be involved at various points along the way and will play a key role in the process. [...]
