TARION: Radon and Your New Home Warranty
Radon is a tasteless, odourless, invisible, radioactive gas that is completely natural and some is present in almost every home. Radon can enter your home through gaps between your house and the soil, and is typically more concentrated in
CMHC Predicts Soft Landing for Housing Market
The Canada Mortgage and Housing Corporation (CMHC) released its second quarter 2014 Housing Market Outlook, Canada Edition, highlighting their forecasts for 2014 and 2015 housing starts, and MLS average prices and sales figures.The CMHC expects Canadian
First-Time Homebuyers: Beware Prepayment Penalties!
We’ve all heard the term ‘mortgage,’ some might even know that as a standard, you’re allowed to pay a lump sum of 15 percent per term on the original amount outstanding. But what if you manage to penny-pinch a little extra this year and decide to pay
VIDEO: Major Structural Defects in Your Home
Tarion Warranty Corporation provides new homeowners with protection against major structural defects, but what qualifies? This informative video will help you understand Tarion’s Major Structural Defect policy, covering where to find details, how to gain
TARION: Understanding the Condominium Unit Warranty
By TarionThe warranty for your individual condo unit is separate from that of shared common elements. As the homeowner, it is your responsibility to understand and manage the warranty that comes with your individual condo unit. Here’s what you need to
Tarion: How to Protect Your Home From the Elements this Spring
By TarionEven though your home braved the cold this winter, you should still be protecting it against the elements as the weather warms up. The ice storm in December has opened our eyes to the need to prepare our homes, and ourselves, for extreme weather
Tarion: Getting to Know Your New Home
By TarionIf you’re like many new home buyers, you’ll likely drive or walk by your new home many times while it’s under construction, sharing photos of its progress along the way.The home building process is an exciting time and we know you can’t wait to
VIDEO: Controlling Moisture in Your Home
Although it’s now officially spring, it’s still pretty cold out. Hopefully the warm weather will be here soon. With this winter being one of the coldest in recent history, a common issue for homeowners is related to excess moisture.Tarion Warranty
Tarion: Research Your Builder Before Buying a New House
By TarionBuying a newly built home from a builder is different than purchasing a resale home. Your attention should be placed not only on the home itself, but also on the reputation of the builder.All new homes in Ontario come with a warranty that lasts
CMHC Increasing Mortgage Insurance Premiums
Effective May 1, 2014, the Canada Mortgage and Housing Corporation (CMHC) will be increasing its mortgage insurance premiums after the annual review of their insurance product and capital requirements.Those affected include owner occupied units,
