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Interim Occupancy Fees Related to a New Build Condominium Purchase
When a purchaser buys a newly constructed condominium unit, the builder will often allow them to move in prior to being able to transfer legal title to the property. This occurs in almost all new build condominiums since the legal...
New Build Condo Closing Costs: Tarion And Utilities
For our final post in our series on closing costs for new build condos, we will take a look at more complex costs that are payable upon closing. In previous weeks, we looked at the down payment and legal fees,...
New Build Condo Closing Costs: Don’t Forget The Taxes
One way to help facilitate a smooth closing after you have purchased a condo is to budget for the closing costs. Every closing has specific expenses that relate to the purchase of the property, including applicable taxes and legal fees....
New Build Condo Closing Costs: Legal Fees And Status Certificates
When you first purchase a new build home, it can be both an exciting and confusing time. For condominiums, it can be even more so, especially when it comes to closing costs. There are several different fees and expenses to...
Majority Of Home Sales Driven By Older Individuals
There has been a noticeable decline in mortgage activity amongst Canadians. Generally speaking, younger individuals - ages 38 and younger - seem to be struggling to break into the residential real estate market. While overall home sales have been down...
