Real estate news and features

Bank of Canada’s Carney ponders degree of rate cut - (Reuters) The Bank of Canada has to weigh strong domestic demand against the spillover effects of the slowing U.S. economy when deciding how much to cut interest rates next month, Governor Mark Carney said on Monday. Carney used his first […]

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Montreal has the highest concentration of historic monuments in Canada and more than 40,000 buildings are protected under provincial or municipal legislation. These buildings represent an exceptional collective heritage that the city??�s administration is dedicated to protecting and promoting in various ways.

Owners of classified buildings that are recognized as cultural property or located on a […]

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Financing Means used by a buyer to acquire an immovable. Financial resource, often in the form of a mortgage loan provided to the buyer by a financial institution for the purchase of an immovable (see Mortgage loan).
Fonds d??�indemnisation du courtage immobilierBody created under the Real Estate Brokerage Act, to which all real estate brokers and […]

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The financial well being of the condominium corporation is an important consideration. Buying on into a condominium corporation that is insufficiently funded to operate and maintain common elements is a risky proposition.
Low condo fees may make one condo more appealing than the others, but it may also be a sign that the condo corporation […]

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I highly recommend this upcoming seminar scheduled for Sat-Sun, November 3-4, at the Wingate Inn in Henderson.� My good friend and fellow coach Joel Smith and I attended the NLP Practitioner certification course conducted by the Tad James Company.� This two-day course will introduce you to some key principles and techniques of Neuro-Linguistic Programming (NLP) […]

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I have found the following questions to be useful to both me and those I coach when contemplating and writing goals or outcomes.� This series of questions are the keys to achievable outcomes.� When you take the time to consider each question after stating your desired outcome you will enhance the overall power and clarity […]

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Early on and even before you start home shopping , you need to determine the price range that suits you. If you plan to finance your purchase with a mortgage loan, sit down with your lender or mortgage specialist to discuss your needs and get mortgage pre-approval. That way, you know exactly how much you […]

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Deposit A sum of money that accompanies a promise to purchase an immovable. The deposit must be placed in a trust account and will be deducted from the balance payable at the signing of the act of sale, or it will be returned to the proposer if the sale does not go through.
Description sheet Document […]

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Once you have found the home you would like to purchase, you need to present the vendor with an Offer to Purchase or an Agreement of Purchase and Sale. As your home is probably your biggest investment, it would be wise to work with your real estate agent and/or a lawyer/notary in preparing your […]

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The first time you see the ad Scotia Bank 100% Mortgage Program, you may ask yourself…What’s the catch? Perhaps Scotia Bank still requires the 20% down, but gives you the option of a line of credit? OR…they really offer to finance you 100% BUT with rates a lot higher than the regular mortgages?
Something to […]

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