CMHC Legal Rental Unit Vaughan
, ,

CMHC Announces New Rules to Increase the Buying Power of Purchasers with Legal Rental Suites

Canada Mortgage and Housing Corporation has announced new rules for mortgage qualification with regards to legal rental suites, increasing the purchasing power for many homebuyers in this market. Currently, CMHC only allows 50% of the rental…
Pre-construction condo in Toronto
,

Tips For Buying a Pre-Construction Condo in Toronto

Thinking about buying a pre-construction condo in Toronto? Buying a property is always a big investment, but buying a condo has unique considerations. This is especially true if you are contemplating putting your hard-earned money into a…
New Home HST Rebates Ontario Canada
,

HST Rebate Program For New Home Purchases in Ontario

Did you know that if you purchase a new home in Ontario that you may be entitled to an HST rebate from the government?  Many home buyers do not know this is available as builders may not share this information at the time of purchase. The…
home-in-vaughan-ontario

What You Should Know When Making a Real Estate Deposit

Ever wonder what happens to your deposit when you make an offer on a home?  What about if the offer doesn't go through or if you have to pull out for some reason?  Read below to find out what happens to your real estate deposit and what happens…
George Mino Home Inspection services
,

8 Reasons Why You Need a Real Estate Agent

If you've ever wondered, "do I need a real estate agent?", wonder no more. Here are the Top 8 reasons you need an agent, especially in Toronto's market. 1.    Local knowledge.  Agents know their territory. In fact, if they’ve been…
home-sale-vaughan-ontario
,

What Happens When a Home Sale Falls Through?

The home buying and selling process is both exciting and scary at the same time.  There is a lot at stake financially as well as emotionally and those last few weeks leading up to the closing can be nerve racking. But what happens when the…
new-to-canada-mortgage-program
,

How Does The New To Canada Mortgage Program Work?

The New to Canada Mortgage Program allows qualified individuals who are relocating to Canada to purchase a home with as little as 5% down. Properties cannot have more than two units, and the owners must live in one of them. This includes both…
buying vs renting in Vaughan

Is It Better to Buy or Rent Your Home?

The average selling price in Toronto for 2013  was $523,036 and 2014 looks to be another solid year for home prices.  From the down payment to qualifying for a mortgage, buying a home in Toronto can be a challenge.  Renting on the other,…
First time home buyers in Vaughan

First Time Home Buyer? Don't Make These 5 Mistakes

Are you a first time home buyer? You’ll probably find that buying your first property is an exciting, challenging and (at times) frustrating process. Life’s really too short to learn from your own mistakes, so here’s a compilation of five…
George Mino Home Inspection services

The Home Inspection Process, What Home Buyers Need To Know

Hiring a home inspector can be one of the most important decisions you make during the home buying process. A good home inspector can uncover potential problems in and around the home that weren't originally disclosed. Uncovering these issues…