Selling and Buying on the Same Day

What happens if you sell your home and buy another, with both of them closing on the same day? You may be fine, if all the stars align. But what if the buyer can’t complete the transaction on the agreed upon closing date? Closing a sale and a purchase on the same day can be …

Posted in Buying and Selling

The Intact Centre on Climate Adaptation – Helping Canadians Reduce their Basement Flood Risk

Intense rainfall events combined with aging municipal infrastructure, increased urbanization and a lack of flood protection measures at the household level have resulted in losses in billions of dollars for Canada’s insurance companies, governments, homeowners, landlords and tenants over the past decade. The Intact Centre has developed a variety of resources to help Canadians take …

Posted in Home Maintenance, Home Renovation

Financial Post’s Market Musings

Oakville’s detached home spring market has been slow out of the blocks. However, the Toronto Real Estate Board reported a 17% surge in April for Toronto’s housing market. This Financial Post article is an interesting read.

Posted in Buying and Selling

2018 Sales Results are In!

Many thanks to our valued clients for your trust and your referrals over the past twelve months. Because of you, we are thrilled to have received for a second year in a row the Royal LePage Diamond Award for sales performance.  In fact, we ranked #4 by production and #3 team overall in 2018. We …

Posted in Team News

The B-20 Mortgage Stress Test One Year In

It’s almost a year since the B-20 lending regulations came into effect where borrowers for a conventional mortgage were required to pass a stress test (with a mortgage payment using an interest rate that is the greater of 5.34% or their actual mortgage rate plus 2%.) If a borrower wanted to switch lenders to get a better rate, then they must …

Posted in Home Finance

How Long Should A Hot Water Tank Last?

We thought readers might find this useful. To help homeowners, Appleby Systems has put together a handy list of 4 signs identifying when it may be time to replace their hot water tank. How Long Should A Water Tank Last?  

Posted in Home Maintenance