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 [...]
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? [...]
Do you dream of performing the perfect house flip? You’re not alone. A increasingly larger population is becoming interested in the concept of the flip, thanks in part to the rapid multiplication of television shows on the topic. [...]
Everyone wants to pay less taxes! Is there anything that can be done concretely at the end of the year to soften the blow? There are major differences between owning your personal residence and an income property that [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
