Three years ago, the Bank of Canada enacted the Mortgage Stress Test to assess whether a borrower could withstand higher interest rates while also trying to bring more balance to the country’s real estate market. The bank’s minimum mortgage qualifying rate has dropped...
Leasing or buying commercial space can be a costly endeavor for any business. Before signing a lease and locking into a legal agreement for years to come, it is important to schedule a commercial property inspection to make sure your investment is protected....
Whether you’re a first-time buyer or buying your third or fourth house, you know that a home inspection can make or break the deal. While Canadian home buyers often feel slightly overwhelmed when it comes to an inspection, the task does not have to be daunting! ...
When it comes to updating and renovating your home, the money that you spend might not always be recouped when it comes to selling your home. When it comes to renovating, homeowners want to get the best value out of their renovation. Before deciding on a remodel, you...
If you are considering selling your home, the price you set will play a huge factor in how long your home sits on the market. Any home will sell in a given market if the price is right. But in a buyer’s market, sellers need to become more realistic about the price...
Any property, whether it is commercial or residential, can be a great investment property. Both property types will give investors financial reward, but the total investment for both types of properties can vary. Depending on the location, type, and demand, the value...
