Refinancing Part 1- When Would You Consider Refinancing?

Have interest rates fallen? Or do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage? Would you like to switch into a different type of mortgage? The answers to these questions will influence your decision to refinance your mortgage. But before deciding, [...]

Is a Home Still a Good Investment?

Most baby boomers have had good experiences owning homes for the last 30 years. I bought my first house in 2000. When I sold it in 2006, I joked to my friends that I’d made more money from my house than I had from my job. This what the housing market in Canada has done [...]

Buying A Home: Why Do I Need A Lawyer And What Does My Lawyer Do?

In Ontario, a lawyer is needed to register any transfer of land, and two separate lawyers are needed to represent the buyer and seller.  I have spoken to many people who question what the value is in paying for a lawyer with the purchase of a home.  A lawyer is very important in many regards, [...]

Canadian House Sales and Prices Will Continue to Rise in 2012

Canadian residential real estate surpassed pretty much everyone’s expectations in 2011, recording a very VERY solid year of housing activity. And guess what! The trend is expected to continue into 2012 as Canadians remain committed to purchasing homes despite worries over the European debt crisis. All this info and more was released today by RE/MAX [...]

Buyers Prep for a Cooler Fall

The housing market in Toronto has remained remarkable resilient, even as global financial markets have been unsteady. Bidding wars through the spring and summer pushed prices higher but economists and real estate agents expect a more moderate pace in the fall. These seven strategies will help sellers and buyers prepare for the coming months: Set [...]