You can demolish a semi-detached house, as these homes are built separately. When you demolish or detach a semi-detached house, it will not affect the other home. It is advised that anyone looking to separate or demolish a home seek advice from the city regarding… Read More »Can You Demolish a Semi Detached House?
I'm a banking and real estate professional with over 20 years of experience in new home construction, banking, back-office processing and mortgage/lending. I now spend my time educating the public in these areas of real estate and banking.
A stacked townhouse is a hybrid between a townhouse and condo, and they can be either part of a condo corporation or a freehold. A stacked townhouse will have multiple dwellings and be built with a 2-storey floor plan. Stacked townhouses and condos are becoming… Read More »What is a Stacked Townhouse? The Pros and Cons
You can rent new construction homes as rental property by investing in a new construction project. A new construction home is considered a good investment for a rental property if the cashflow is positive, and the home is in an appreciating market. In the recent… Read More »Can You Rent New Construction Homes as Rental Property?
When we were building my custom home, we came across quartz and quartzite countertops. After speaking with the home builder, we understood the difference between the two. The primary difference between quartz and quartzite is that quartzite is a natural stone, and quartz is a… Read More »Quartz vs Quartzite – What’s the Difference?
Let’s talk about the hidden costs of buying a new build home or pre-construction home in a new development. While there are advantages and disadvantages to purchasing a new build home, there are out of pocket expenses when building a house. As buyers of pre-construction… Read More »Real Hidden Costs of Buying a New Build Home
It is now 2023, and the new construction home market is still keeping strong. We are going to walk you through 8 upgrades for your new build that will add value to your home. A new build will put you in a brand new home,… Read More »8 Upgrades for New Construction to Add Value
Have you ever wondered what is the average spend on new home builder upgrades? On average, you can expect to spend 20-25% of the base cost of your new home on builder upgrades. This cost will include both structural upgrades and finishing upgrades. When we… Read More »How Much Did You Spend on Builder Upgrades?
Yes, the landlord can make it a mandatory requirement to get renters or tenant insurance for your leased premise, prior to moving in. A tenant or renters insurance policy will include liability coverage, break-ins, theft, fires, and hailstorms. As the tenant, you can negotiate these… Read More »Can Landlord Force You to Get Renters Tenant Insurance?
A bank can verify a check and know it’s good by calling the payer bank and providing them with the name of the payer, home transit number and account number. The payer bank will check the account to see if there is sufficient funds in… Read More »How Do Banks Verify Checks to Know its Good
In Q4 of 2020, the FintTech neobank, Chime, has opened it’s first office outside the U.S and began work in Canada. Chime says they hope to have 100 employees working in the Vancouver, Canada office by the end of 2021. Chime is the U.S equivalent… Read More »Does Chime Work in Canada?
Yes, a home builder can cancel a contract if site plans and permits to do not get approved, or if the builder believes there is no reasonable timeline for the home to get built. We purchased our home from a home builder in August 2019… Read More »Can a Home Builder Cancel a Contract?