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?
A realtor gets paid for apartment rentals based on either a percentage of the annual rent or one month’s rent. A realtor or real estate professional can draft a contract as per the agreement discussed with the property owner. The commission method used by the… Read More »How Do Realtors Get Paid for Apartment Rentals
So, can you buy a house with Uber income? Yes, you can buy a house with Uber income and you can get a mortgage with 100% of your income from Uber. As a Uber driver, you are considered a self-employed person and lenders will require… Read More »Using Uber Income to Buy a House – Uber Income Mortgage
In Canada, mortgage applications can get denied for a few common reasons. Whether you’re applying for an insured mortgage or traditional mortgage, you can change a few things to improve the likelihood of getting approved. If you fall into certain situations, your mortgage application may… Read More »Reasons Why Mortgage Applications Get Denied
No, you cannot back out of a new construction home contract, because it is a legally binding contract between the builder and the buyer. However, there are some options for the buyer to take on a loss and move on without the new build. It’s… Read More »Can You Back Out of a New Construction Home Contract?
