What can you buy with $250,000?
This is it! Your mind is set: you’re buying a house. A brand-new one, on top of it! It’s all very exciting, but what does, say, a $250,000 budget get you? Step 1: Price, Home Type and Location Once [...]
Condo
Buying a home or condo upon retirement
You’ve spent many years preparing your finances for your retirement… have you given any thought to the lifestyle that best corresponds to your new aspiration? Are you thinking of buying a small country home in a bucolic area [...]
What if your contractor declares bankruptcy?
You purchased the condo of your dreams off-plan, but the contractor let you down. What happens in that situation? What recourses do you have? What precautions can you take to protect yourself? Although bankruptcy cases during construction are [...]
New condos: don’t forget the contingency fund
Brand-new condo managers are nowadays more aware of the necessity of having a well-stocked contingency fund. Nevertheless, the battle to raise awareness is far from over especially with the smaller condominiums, and a more coercive legislation still needs [...]
When is the ideal timing to purchase a home?
For some time now, you visit real estate websites, read articles and ask your family and friends about their own house-purchasing experience. In short, the thought of buying your first brand-new home is making its way. But, what [...]
5 keys To Understand Soundproofing Evaluation
1. Sound reduction is evaluated by two different indexes: The Sound Transmission Class (STC) that includes airborne sounds such as television, music and discussions. To give an example, a normal voice is perceived at an STC of 50, [...]
2014: Good news in the Guarantee Plan for new houses
If you intend to buy a new house in 2014, here are some good news! An important reform of the Regulation respecting the guarantee plan for new residential buildings, expected for years now, has finally been announced by [...]
No need for a man to buy a condo!
Marie-Pier Ouellet fell under the spell of a condo. So she made an offer and is excitedly waiting to hear back from the bank. A young single urban professional, Marie-Pier is part of significant demographic in the realm [...]
Divided and Undivided Co-Ownership: Know the difference
Within the housing market, you’ll find two types of property co-ownership that are important to differentiate: divided co-ownership and undivided co-ownership. Divided Co-Ownership Better known as a condominium, divided co-ownership of a property includes private areas and common [...]
Buying a new home? Rest insured!
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 [...]
