Defects and Post-Closing Rights

By Lorne Shuman: When buying a resale home it is always advisable to make your offer conditional upon the buyer obtaining a satisfactory home inspection to determine if there are any deficiencies in the property. Because the current market is seeing multiple offers on many properties, some buyers may be reluctant to make their offer…

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The Hot Colour For Home Decor

Looking for inspiration to redecorate your living room or den? One of the quickest updates is a fresh coat of paint and this year marsala is the hot colour, according to global colour experts, Pantone. Marsala was selected as the 2015 Pantone Colour of the Year, and will be seen in beauty products, fashion and…

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Residential Mortgage Rates as of March 23, 2015

Term Fixed Closed Rate 6 months 3.95% 1 Year 2.79% 2 Year 2.34% 3 Year 2.49% 4 Year 2.59% 5 Year 2.69% or 2.59%* 7 Year 3.29% 10 Year 3.89% Prime = 2.85% Variable Closed (5 yr) = Prime minus 0.70% = 2.15% Variable Open = Prime plus 0.80% = 3.65% Secured Credit Lines =…

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Downsizing Made Easier

No matter whether you’re an empty nester, a person looking to simplify your life, or someone who wants to help their aging parents move into a more functional space, downsizing can be a stressful experience. A little guidance goes a long way however. Designer Wendy Wilkinson of Oakville, Ontario specializes in helping people transition into…

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Spring Projects To Spruce Up Your Home

Warmer weather and sunnier days are on their way and many homeowners are itching to begin home improvement projects. If you are one of them, consider these areas of your home when prepping for spring. Windows and Doors From a full window replacement to a simple coat of paint, updating your windows and doors can…

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GTA Realtors® Release Mid-March Housing Figures

TORONTO, March 17, 2015 –Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 3,838 sales through the TorontoMLS system during the first two weeks of March 2015. This result represented an 11.8 per cent increase compared to the same period in 2014. New listings were also up over the same…

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Upping The Amps For Safety

Every year we put more of a strain on our home’s electrical systems with bigger televisions, high-end appliances like induction stoves, heat pumps, hot tubs, pool pumps, air conditioners, multiple computers, home theatre systems, increased lighting and more. Owners of older homes who are planning renovations would be wise to keep their home’s electrical capacity…

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Toronto Neighbourhoods Under The Scope: Feb 2015 vs. Feb 2014

Find your neighbourhood below and see how February’s sales stats stacked up to last year’s. C02 (Annex, Wychwood, Casa Loma, Yonge-St.Clair) Feb 2014 Feb 2015 % Change Active Listings 204 186   – 8.8% Sales 49 41  – 16.3% Average Price $1,094,870 $1,136,846 + 3.8% Days on Market 25 29 + 16.0% Avg % of List…

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March HOMEwork

As we suffer through the end of a punishing winter, why not turn your thoughts to the sunny days ahead? Plan your garden, sketch ideas for that new deck, make a list of decorating projects and plan spring renovations. It is a lovely way to pass the long winter nights, and you’ll be organized and…

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Protect Your Home From Spring Thaw

It’s been a long, cold winter and most Canadians are waiting anxiously for things to warm up. However, after so many weeks of snow and freezing cold, melting snow and ice can lead to moisture intrusion and water damage to homes. Here are a few tips from Allstate to help protect your home once the…

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