Real Estate Info

Your Toronto real estate agent should have a list of standard conditions to include in your offer. The more experienced agents will also have a set of special conditions that will make the deal a little bit better for you.
Although these conditions are included in the initial offer it does not mean the seller [...]

Buying a holiday home for many people from the 1980’s onwards seemed to make a lot of sense - it was a new appreciating asset that would bring not just revenue but happiness too as they holidayed in their own home, which friends and family used too, as well as unknowns who paid rental fees.
Mortgages [...]

The 1.5 percent cut in interest rates by the Bank of England has come after the news from Halifax Bank that property values have fallen a massive 15 percent in the last twelve months. Credit has abandoned the housing market, so many are hoping the lowest borrowing rates for 53 years will help residential prices [...]

Foreclosure is the process of regaining a property from a borrower and returning it to the lender due to default of payment on the loan or some other type of hardship. This is generally due to an inability by the borrower to catch up on their payments or otherwise maintain their financial responsibilities. Foreclosure listings [...]

The home appraisal. Over the last few years, it seems that home appraisals have come to be talked about even more so in this real estate market. With home values across the United States falling the past few years, it has become ever more present on the minds of future home buyers and current home [...]

Fancy some easy money? Fancy a way of making profit from property, even in this property slump of today? Fancy doing little other than contributing the original funds then sitting back and watching it all come in? With a world-wide recession threatening, this is not such an easy prospect but despite media scaremongering, it’s not [...]

A loan modification is when the lender modifies your current mortgage in order to work with you because of a hardship. The purpose is to help make your loan more affordable. Usually it is in the form of a rate reduction and conversion of an adjustable rate mortgage (ARM) to a fixed loan, typically a [...]

Most real estate markets are seeing 30% or more of their transactions being lender mediated through foreclosures or short sales.
The bargain hunters continue to move in to take advantage of the bottom barrel prices, low interest rates and cornucopia of foreclosures and short sales.
Buying a Foreclosure
In dealing with a foreclosure the banks [...]

Many senior buyers and real estate agents have been waiting for HUD to issue the Mortgagee Letter which outlines the guidelines for the Home Equity Conversion Mortgage (HECM or Heck-um) reverse mortgage program for purchase transactions.
The Bill that Congress passed and was signed by President Bush on July 30, 2008, H. R. 3221, among [...]

Is now the best time to buy in 20 years for Real Estate? Many industry experts are saying yes it is and that you still should be an informed buyer.
While the internet can provide you a tour of nearly all the homes on the market and certainly give you a sense of what is [...]