Tarion: Research Your Builder Before Buying a New House
By TarionBuying a newly built home from a builder is different than purchasing a resale home. Your attention should be placed not only on the home itself, but also on the reputation of the builder.All new homes in Ontario come with a warranty that lasts
Detached Homes are Hot, Condos are Cool
Recently, TD Economics of the Toronto-Dominion Bank released a report outlining their analysis of the Greater Toronto Area’s (GTA) housing market. The report states that single detached homes are the “hottest” commodity, while the new condo market is
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,
VIDEO: What Realtors Need to Know About Tarion
Tarion is a private corporation that regulates the new home industry, licenses new home builders and ensures homebuyers’ warranty rights. As industry professionals, Tarion is eager to work with realtors, so that homebuyers are familiar with their
TARION: Choosing the Right Home Builder
By TarionWhen buying a new home, you’ll be considering everything from location and size to the many finishings that will make a house or condo your home. One of your first and most important decisions is to make sure you’ve chosen the right builder.In
Construction Update: Daniels’ NY2 in Toronto
Recently, we visited Daniels’ NY2 Condos in Toronto to check out the three model suites that just opened to the public. While we were there, we took the opportunity to pop in on some of the amenity spaces to see how the construction was going.The NY2
First Time Buyers Program Opens the Door to Homeownership at Heathwood's Hampshire Mews
Since Heathwood Homes introduced their exclusive and unique “First Time Buyers Program,” owning a brand new home at Hampshire Mews is easier than ever before!You can be "Home at Last®" for less at Heathwood’s new community of contemporary three-bedroom
Working with an Agent can Work in Your Best Interest
By Barbara LawlorWhen people shop for a resale home, they usually enlist the services of a real estate agent. Interestingly, new home shoppers tend to venture out on their own, armed only with printouts from the Internet. They research online and feel
The RRSP Deadline is Coming up!
The deadline to make contributions to your RRSP is March 3rd! Take a few minutes to learn more about where that money is going and what you can do with it.What are RRSPs anyway?RRSP stands for “Registered Retirement Savings Plan.” This program allows you
Is it Time You Thought About Downsizing?
Condominiums are the bookends of homeownership: for many people, they make the most sense as first-timers and later, as downsizers. Both demographics are generally more cost-conscious than those in between, less likely to be living with children, and
