What does the new mortgage rule mean for first-time buyers?
On October 17, 2016, most first-time buyers will have less borrowing power when it comes to being approved for a mortgage. Whenever less than 20% is put down on a home, the mortgage needs to be insured. The new rule states that every insured mortgage
What to do when you’re touring a model home
Uptownes by Geranium HomesWhether you’re touring a model suite in a presentation centre or a fully built model home in a new low-rise community, there are a few things you should do during your walkabout.We’ve been to our fair share of models and it
5 millennial myths you can consider busted
To be honest, we’re getting pretty tired of hearing the M-word. You know what we’re talking about: millennials. According to the media and marketers, this generation seems to be responsible for all the ups and downs in every major industry. For the
How to get over your crippling housing FOMO
We realize it isn’t 2007, but FOMO (fear of missing out) is the best way to describe the anxiety that many prospective homebuyers are feeling at this point in time. Toronto’s real estate market is hot - some say it will be even hotter than Vancouver in
What to remember when baby-proofing your home
When you see the world through your child’s eyes, everything is new and exciting. However, safety-wise, everything is much more dangerous. For this reason, baby-proofing your home is an essential practice to avoid any unfortunate accidents.While many
These tips will help you stick to your monthly budget
With the price of housing steadily on the rise with no signs of slowing down, it seems more important than ever to stick to your monthly budget. Whether you’re saving for your first home, paying off a mortgage, or content renting, the high cost of living
A few quick pointers regarding your new home warranty
As reported in April, Urbancorp Group, a decades-old property developer in the GTA, filed for bankruptcy in the spring, with about a thousand homes under construction as of late 2015. With that in mind, I’m listing a few quick pointers regarding your new
The Kennedys Condos offers affordable condo living in the east end
With intimidating new home sales figures like the ones the Building Industry and Land Development Association (BILD) announced recently, the dream of homeownership seems to be slipping out of reach for many. Luckily, there are still condo developments
6 questions you should ask when visiting a new home sales centre
There are many new home openings and releases scheduled for September and October across the Greater Toronto Area (GTA) and beyond. If you’re hunting for a new home, you will likely attend an opening or two. Every builder or developer will have their own
The dos and don’ts of moving that you need to read
Moving to a different home is one of life’s most stressful tasks. Fortunately, there are precautions you can take to make the experience less daunting. So as you prepare to move into your next home, consider these dos and don’ts:Do these during your move
