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Condo Corporations: What You Need To Know
When buying a new condo, you may come across different categories of condo corporations in Ontario. The different corporations have slight variations on what your mortgage or maintenance fees may cover.As outlined on the Condominium Authority of Ontario (CAO) website,...
Real estate agents say buyers should know more about home’s past
When purchasing a new home, the history of that home can influence its value and future renovation needs. Ontario real estate agents are raising concerns about their clients buying homes that are former marijuana grow-ops. They say that following legalization of...
How to pick a real estate salesperson to help sell your home
Many people talk about the challenges of buying a home for the first time, but what about selling a home? Many Ontario sellers are faced with changing real estate laws, a shifting marketplace and a lack of information about selling...
How does condominium law respond to unauthorized sublets?
The rise of short-term lending websites like Airbnb has raised questions for landlords and condo boards alike. In Ottawa, one landlord has raised condominium law questions related to these sites after a tenant rented his unit on Airbnb without his permission....
Fewer listings, higher prices in Ottawa’s real estate market
When there are significantly more prospective real estate buyers than sellers or vice versa, things can get competitive in any market. This appears to be the situation in Ottawa's real estate market, where there was a 21 percent decrease in residential properties for...
Real estate bidding wars – 6 tips to sidestep them
When the market is hot, homes are scarce and hungry buyers abound. Getting caught up in a spiral of competing offers quickly becomes a stress-filled, high-stakes game, leaving bidders exhausted, hopeless or saddled with a bloated mortgage. What's a buyer...
