In the last week, the City of Toronto received more than 200 calls from residents because their water wasn’t working. According to a release from the City, more than 90% of the water issues were due to frozen pipes on private property.
When you buy a preconstruction home, there’s a good chance you’ll be moving into a construction zone. Some people are indifferent to this busy, dusty environment, while others have a hard time dealing with it.
Smart home technology has made it much easier for homeowners to set up audio and video surveillance, so when you’re walking through a potential home with your agent, gushing about how you’re willing to pay way more is probably a bad idea.
At the end of 2018, I wrote about the idea of reducing or repealing the mortgage stress test. Now I want to suggest some possible amendments that would make the stress test more fair now that interest rates are rising and home prices are still high.