2022

There are several common mistakes that people make when buying and selling a home. Here are a few examples:Not hiring a real estate agent: Some people try to buy or sell a home on their own, without the help of a professional. This can be a mistake, as real estate agents have valuable knowledge and experience that can help you navigate the buying or selling process.Overpricing the home: When selling a...

Tarion is a not-for-profit organization that provides warranties for newly constructed homes in Ontario, Canada. The warranties offer coverage for multiple tiers of defects and damages, depending on the year of construction. Here are the details of each tier of coverage as outlined on the Tarion website: One Year Warranty: Home must be constructed in a workman-like manner and free from material...

Building a new house takes time, and when you purchase a new house directly from the developer before it's built, it is known as pre-construction. Pre-construction properties can include houses, townhouses, or condos, and investing in them can have many advantages. However, it's important to follow some best practices when buying pre-construction properties.One advantage of pre-construction properties is...

If you're considering adding an accessory dwelling to your property, it's important to review the following checklist beforehand:Check with your local municipal planning and building department to determine if an accessory dwelling can be added to your property and to learn about licensing and parking requirements.Hire an architect or BCIN designer to help with designing the unit, as they can ensure that...

The home appraisal process in Canada is the process of determining the market value of a property, typically performed by a professional appraiser. The appraisal report is often used by lenders when considering a mortgage application, and it provides an unbiased assessment of the value of the property.   It is possible to hire your own appraiser which is on the bank’s approval list.  The process...