When an agreement of purchase and sale is negotiated, both parties will agree to a closing date that seems reasonable. Just as there is said to be a preferable day…
Land Transfer Tax. What is it and how to budget for it.
You’ve signed on the dotted line and your offer was accepted. Congratulations on your new home! As you start readying your finances for closing, one of the top items…
Six most common post-closing issues and how you can avoid them
There are few things that are more exciting than getting the keys to your new home. What you typically picture as a happy and exciting moment, can quickly turn…
Status Certificates. What are they and why you should care.
If you are buying a condo, you will probably encounter the term “status certificate”. What exactly is a status certificate and why is a status certificate important? Think of…
How Can I Protect My Home With a Will?
Prepared by Willful for Deeded Owning a home is so exciting! You’ve likely been preparing for this purchase for a long time. You’ve just closed and you just…
Insurance: What you need to know when closing your home or mortgage
Whether you’re closing on a home or refinancing your mortgage, you are going to need to look into various insurance products. Some of these are going to be…
Why skipping the home inspection can be a bad idea
Your heart is beating fast. You just submitted an offer to buy the home of your dreams. You sign the offer, and your agent submits it. Now…
Interim Occupancy – What is it and what you need to know
When you buy a pre-construction condo, it may take a few years before the building is ready and you get to move in. When it’s time to move…
The Ultimate Guide to Programs and Rebates for First-Time Home Buyers
There are many programs for first-time home buyers that can save you thousands and even help you with your downpayment…
How to scan documents like a pro, using your mobile phone
During the closing process, a variety of documents may be exchanged between you and several other parties such as your Lawyer, Realtor, Lender, or Mortgage Broker. Some of these documents…