7 Questions to Ask When Building a Backyard Deck
7 Questions to ask when building a backyard deck Now that summer has finally arrived, many homeowners may think about building a backyard deck by themselves. But, be careful; if it isn’t done correctly, you may run into problems later when you try and sell your home. Here are seven questions to ask before building […]
5 Things to Remember When Doing a Renovation
5 Things to remember when doing a renovation If you are looking to begin home renovations, there are a few things you need to remember before hiring a general contractor. This is because you want to make sure the person you hire is someone you can trust and won’t cause you any headaches down the […]
What is a Power of Attorney – and Do I Need One?
What is a power of attorney and do I need one? A power of attorney (POA) is a legal document that allows you to appoint a person or organization to manage your property, financial, or medical affairs if you become unable to do so. Commonly, it is invoked when a person is incapacitated with illness […]
Do I Need a Lawyer to Incorporate My Business?
Do I need a lawyer to incorporate my business? A quick google search will show you tons of online companies that promise to help you incorporate your business at a reduced cost – but there’s a catch. In the two-step process of incorporation, these online businesses only help you with step one. You still need […]
The Canadian Housing Boom Has Become Concerning with Skyrocketing Prices
The Canadian Housing Boom Has Become Concerning Real estate prices have shot up through the roof (sorry). As the world underwent a public health crisis, Canada experienced unprecedented appreciation for house-owners, as well as unprecedented levels of unaffordability for homeowner-hopefuls. Across Canada, the average house price has increased by a staggering 41.2%. How did this […]
How Do I Inherit a House in Canada?
How do I inherit a house in Canada? Inherited property is given to you by another individual – typically a relative, usually a parent. This usually happens when they have passed away – which can make a stressful situation even worse as you navigate your way forward. This article will discuss your options and also […]
Canada to Tighten Mortgage Lending Laws
Canada to Tighten mortgage lending laws With Canadians taking on more than 2.5 trillion dollars in mortgage debt, the Bank of Canada has warned that this – as well as the red-hot housing market – may lead to devastating economic shocks. In response to this, Canada has tightened mortgage lending laws. The rise in mortgage […]
Is the Pandemic a Draw to Create and Update Your Will?
Is the Pandemic a draw to create and update your will? According to a 2018 survey by the Angus Reid Institute, 51% of Canadians did not have a will or last testament, while 35% of Canadians had one that was out-of-date. However, during the pandemic, more Canadians are evaluating their end-of-life plans. With physical distancing […]
How to be the Smartest First-Time Home Buyer, Ever
…and we mean Ever. Here is a collection of the very best tips to buy your first house or condo the smart way. Do the math: Are you financially ready? Saving up for a house: it’s not just the down payment! There are other closing costs involved, including various legal and administrative fees, insurance costs, […]
Help! The Homebuyer Failed to Deliver the Deposit
Help! the homebuyer failed to deliver the deposit In Ontario, deposits are due 24 hours following the acceptance of an Agreement of Purchase and Sale, unless otherwise agreed to or specified within the Agreement. During the pandemic, however, offers have been made and accepted via email. This practice has led to a recent trend where […]