Phantom real estate bids are a common pressure tactic used in hot markets – but the Real Estate Council of Ontario is taking measures to fight the practice as of July 1. Here’s what you need to know.
In Canada’s hottest markets, engaging in a bidding war when house hunting is the norm. But your bank may not agree with your new home’s value – and may not cough up the funds you need for a mortgage. Here’s what you need to know about bidding wars, and when to walk away from one.
Home inspections 101: Yes, they are a must during the home buying process. Here’s what to expect from your home inspection, and how to choose the right pro.
Introducing RateSupermarket.ca’s First Time Home Buyer’s Guide! From qualifying for your mortgage to moving day, we have everything you need to get started.
A recent RECO survey finds many home buyers find purchase and sale agreements to be confusing – yet they’re a vital part of the home buying process. Here’s what you need to know about understanding these contracts – and how to make them work in your favour.
An advantage to condo living is all maintenance and repairs are handled by the board, and included in your condo fees… right? Turns out, owners could be on the hook for certain fixes – meaning it’s just as important to invest in a home inspection when making your condo purchase.