You’re pre-approved for a mortgage to help you find the home of your dreams. Then, you hand over your down payment, collect your mortgage funds, pay the seller and get the keys, right? Not so fast. There are other costs to consider. These closing costsOpens a popup. and additional expenses can impact your offer, the size of your down payment and the amount of mortgage you...
Maybe you’re buying a home for the first time. Or maybe you’re selling your old home to move to something new. Whether buying or selling, you’re involved in an intricate process requiring many specialists. One of these specialists might be a REALTOR®, who’s responsible for making the transaction as easy as possible for you. The REALTOR® Difference However, not every licensed...
CREA compiles and analyzes numerous factors affecting the real estate market for the public, REALTORS® and governments. With the accurate, up-to-date information that CREA provides: The public gets a snapshot of the Canadian housing market;REALTORS® can knowledgeably advise their clients; andPoliticians and government policymakers can craft more effective legislation and...
What’s an assignment? An assignment is when a Seller sells their interest in a property before they take possession – in other words, they sell the contract they have with the Builder to a new purchaser. When a Seller assigns a property, they aren’t actually selling the property (because they don’t own it yet) – they are selling their promise to purchase it, along with the rights and...
Nowruz marks the end of the old year and the beginning of a new one, and it occurs on the day of the vernal equinox. More accurately, the new year begins the second the equinox does — so, not just at the stroke of midnight. Usually, the equinox happens from March 19 to 21; this year, Nowruz lands in the evening of March 20. (Though if you’re an expat Iranian, the equinox arrives around 12...
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