Buyer Beware when it comes to real estate. Author: Kristina Bradley In the world of residential real estate, there are two kinds of defect that buyers and sellers should be aware of. The patent and the latent. Patent Defects Patent defects are those that can be discovered by inspection and ordinary vigilance on the part […]
Leaves are falling! It seems premature but in case you need some time to mentally prepare yourself here are a few things you can do in the coming months to protect your home inside and out. Interior Maintenance Seal windows and doors to reduce drafts and water seepage Have furnace and hot water tank inspected for […]
Ontario’s new “Making Ontario Roads Safer Act” (Bill 31) will come into effect September 1st creating some new rules for driving and stiffer penalties for breaking them. Distracted Driving Looking at, texting or talking on your phone while driving currently incurs a fine of approximately $200. As of September 1st Fine: up to $1,000 and 3 demerit points. Drivers […]
You should allow at least 1.5% of the purchase price for closing costs although I recommend approximately 2% to be on the safe side. These may be made up of the following fees: Legal Fee and Disbursements A lawyer will charge a fee for their professional services involved in drafting the title deed, preparing the […]
Author: Kristina Bradley A recent survey of 401 Ontario real estate agents and brokers found that most agree that it is more difficult to sell a home where owners have smoked. The survey estimates a potential loss of up to $107,000 on a home in Ontario, where the average price is currently around $369,000–or a whopping 29% loss […]
Fall is upon us! Before the weather gets too bad here are some home maintenance tips that will keep your home running well all winter long. EXTERIOR Check the foundation for cracks and caulk around the areas where masonry meets siding or where pipes and wires enter the house. Another area to check is around the windows and […]
Don’t Call the Agent on the Sign As a buyer it costs you $0 in commission to buy a house. The commission is totally paid by the Seller. It would make sense then to have your own representative who’s single purpose is to represent your best interests.