You Need to Tour this New Model by Zeina Homes!
If you’re on the hunt for the perfect detached home in Hamilton, then you should definitely attend the grand opening of the new model home at Zeina Homes’ community, Dicenzo Gardens.The grand opening will be on Saturday, August 1, 2015, and doors will
Did You Know You Can Seal the Deal Electronically Now?
Ontario’s real estate agents are celebrating more than just Canada Day this week. As of July 1st, 2015, it is now legal to electronically sign (or e-sign) real estate contracts, such as the agreement of purchase and sale, deeds, and mortgages. That’s
Could your mortgage pass the (stress) test?
The Office of the Superintendent of Financial Institutions Canada (OSFI) yesterday published the final version of its Residential Mortgage Underwriting Practices and Procedures, which will come into effect January 1, 2018. As it applies to all federally
A New Year, A New Code: Ontario Approves Taller Wood Construction
On January 1, 2015, the building industry will not only be celebrating the start of a new year, but also the introduction of a new building code that will allow for six-storey wood-frame construction in Ontario. Though gaining two storeys on wooden
CMHC Increasing Mortgage Insurance Premiums
Effective May 1, 2014, the Canada Mortgage and Housing Corporation (CMHC) will be increasing its mortgage insurance premiums after the annual review of their insurance product and capital requirements.Those affected include owner occupied units,
Things you need to secure a mortgage
Starting January 1, 2018, all uninsured mortgages will have to undergo a stress test, meaning you need to be approved at 2% higher than your agreed upon rate. This news has many people scrambling to secure a mortgage before the end of the year,
8 steps to build your own Christmas tree box stand
Want to take your Christmas decorations to the next level? If you’re a confident handyman (or woman!) then this homemade Christmas tree box stand should be no problem! 1) Measure first Before you start, first make sure
How will the minimum wage increase affect the housing industry?
It is now illegal to make under $14 an hour in Ontario. While students and employees in entry level positions are eager to get back to work after the holidays, some business owners are nervous about the year ahead. On January 1, 2019, the minimum
Wait! Don’t sign that purchase agreement yet! Being happy with your pre-construction home plans and builder is only step 1.
YOU’RE PRESENTED WITH A CONTRACT to sign, and you see no problems with moving ahead
