sellers market

Seller’s marketbuyer’s market and balanced market are terms that are typically used to describe the real estate marketplace. Understanding each will help you to better appreciate what is happening in the real estate market and how you might approach the market if you are looking to buy, sell or rent. 

conditional offer

This is an interesting and important question that both buyers and sellers should consult with their salespersons to fully understand before entering negotiations.

foreclosure

Property sales due to lender foreclosure are often also referred to as a distress bank sale, or sometimes confused with a power of sale. A foreclosure sale is a method available to lenders, banks and non-traditional lenders to cover the unpaid mortgage. 

My sibling and I want to buy a home together

As real estate in certain regional markets heats up, more and more buyers are exploring the option of joint ownership. Doing so definitely has possible upsides – especially when it comes to funding the down payment and balancing carrying costs.

For the benefit of all readers, Joint Ownership is defined as a situation in which two or more persons (individuals or corporations) co-own a property.

FSBO

Taking on the sale of one’s property is an ambitious and sometimes complicated task. You may find engaging professionals from the field helpful in the process.

Buying in a Seller's Market_ Here's 5 tips.

  • Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020
  • If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the end of 2020
  • The aggregate price of a home in Canada climbed 4.4 per cent year-over-year in Q1 2020
  • High demand and low inventory in Toronto, Montreal and Ottawa fueled rising home prices

home inspector

A broker or salesperson is a key guide as you embark on the buying or selling process, but it is likely that you’ll need help from other service providers as well.

power of sale home

To explain “power of sale” in plain language, if I borrow money from a bank, we agree that the property will be a sort of guarantee. If I don’t repay the money according to the terms of my agreement, the bank can take possession of the property and sell it, and give me any money that is left over.

open house

This is a common question. While it may sometimes seem like a nosy, or irrelevant ask, there are reasons a representative hosting an open house may ask this question.