Moving into your newly built home can be a lot of work. There’s a lot to do – some of it fun (like finding the perfect spot for your favourite chair) and some of it not so much (such as getting all your services changed over). But it’s important to take some key steps to help protect your home and your warranty.   Learn how your home systems work  Your builder may have gone over how your... [read more]

The pandemic has changed many things in our lives, including where we choose to live. Many of us who see working remotely as our future have decided to look farther afield for a place to call home. As long as you stay in Ontario and buy a new build, there’s an extremely good chance your home will come with a mandatory warranty provided by your builder and backed by Tarion, the regulatory agency that administers new home warranties. Here’s a quick breakdown of how... [read more]

In a hot market, there are more buyers than homes for sale. Some homes will sell before they are even registered in the local MLS. That means that sellers are often presented with multiple offers. How can you position your offer to be theone the seller accepts? The best way to gain an understanding of how multiple offers work is to know how they benefit the seller. Multiple offers mean that the seller has his/her pick of offers. Just because a seller is entertaining... [read more]

When you're house-hunting it's easy to focus on the “big” numbers like asking price and offer price. But before you sign the purchase agreement, you should take time to budget for the additional costs that come with every home purchase. Taxes The most significant costs for most purchasers are taxes: property taxes, land transfer tax, and in some cases, harmonized sales tax (HST). Property taxes can vary widely by region, and need to be considered when comparing... [read more]