Part Two in the Condo Series A status certificate is like a disclosure statement. It reveals important information that any condo buyer would want to know such as details about the condominium corporation’s financial status, reserve fund studies, whether or not condo fee payments are up to-date, any pending lawsuits or legal claims against the [...]
Condominiums now account for about a third of all new homes built in Ontario and likely much higher than that here in the Collingwood – Blue Mountain areas. All condominium projects are made up of two parts: the common elements which are jointly owned and, the units which are individually owned. The term condominium applies [...]
Somewhere in the back of your mind, you may think that investing in real estate is a good idea but it seems too darn complicated and you just don’t want to really think about it. If so, you may be missing out on one of the most solid strategies for creating personal wealth. After all, [...]
My clients are so nice. Almost all of them keep in touch and share their stories with me as the years go by and I LOVE getting those emails! This fall, a family from east of here purchased a condo in Craigleith and spent their first week-end their over Thanksgiving. Here is what they said [...]
I worked with a family back in the late spring who had decided to buy either a chalet or condo in the Blue Mountain area for ski season use. They didn’t really envision using it too much in the summer months. Turns out they were mistaken. This wonderful family of four bought a condominium in [...]
There was some positive news this month with the July stats that just came in for our local real estate market including key areas such as Collingwood, Blue Mountain, Meaford, Wasaga Beach, Clearview and Grey Highlands. Observations for the month of July: For the first time since February 2011, sales for the month were up [...]
Many consumers still appeared to be confused on how HST applies to the purchase of a new or resale home in Ontario. In a joint effort between the Province of Ontario and the Ontario Real Estate Associaton, the two put together a helpful, brief video that explains it well.
Guest Post By David Larock If you want to sell your current home and use the proceeds as a down payment on a different property, what do you do if the closing dates don’t fall on the same day? More to the point, what do you do if you have to buy your new home [...]
With the first half of 2011 now behind us, here is a look at the real estate market in the Georgian Triangle which encompasses several communities including keys areas such Collingwood, Blue Mountain, Wasaga Beach, Meaford, Clearview and Grey Highlands. In the month of June, there were 196 sales including 173 residential sales (single family [...]
Read Part 1 here. If, as mentioned in Part 1, a house had an accessory suite in existence during the Rae years (1994 to 1996), the suite MAY automatically have legal, non-confirming by-law status however, the onus is on the owner to prove it. In addition, fire code regulations must be met. In making an [...]
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