Title Insurance is an insured statement of the condition of title of real property at the time the policy is issued. Most financial institutions in Canada recommend or require title insurance on their mortgage transactions. Eighty percent of transactions in Ontario close with title insurance.

It is never a good idea to apply for a loan and then change jobs. Quitting a job after submitting an application is even more of a mistake. When you opt to take out a loan for anything, you are submitting the current data needed to evaluate your risk potential. The whole idea of loan applications is to assess your income, your rate of payment for other things, and your ability to repay the money you are borrowing.

The single most important decision you will make in selling your house is determining the right asking price for your property. Once you achieved a realistic sale price, you can count on your property being promoted to bring more buyers to your door. The biggest part of marketing your property is the price. By pricing it right you can expect to sell your house for the best possible price in the least amount of time.

We live in a society where we judge someone’s overall worth based on the kind of car one drives, the way someone dresses, and of course the size of their home. While most people are financed to the maximum in order to present the nicest possible car and the largest possible home to the world. Yet as we become smarter consumers we have to start questioning whether or not it is worth the price of a large home.

It’s almost been a year since HST was introduced in Ontario and I still get questions in regards to this matter. I have decided to make another clarification on where HST applies in regards to Real Estate matters.

If you ask anyone who has ever tried to sell their home themselves, they’ll tell you that from the moment the “For Sale by Owner” sign goes up, the phone begins to ring. Unfortunately, many of those calls will not be from prospective buyer but rather from real estate agents looking to obtain your listings. Obviously the idea of not having to pay a commission to a real estate agent is attractive to any home seller. But because of all the issue involved in the process, selling a home on one’s own can be as challenging as many home sellers will attest to.