Real Estate Terms
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Home Buying Tips
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Does Staging help sell your home?
By: Sam McDadi, B.Sc., MBA
When a seller is getting ready to offer their home for sale, the process itself can be overwhelming. While a realtor can provide invaluable advice to the seller on many fronts
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Title Fraud
By: Sam McDadi, B.Sc., MBA
Title fraud appears to be sweeping the GTA. Title fraud goes something like this. One day, a rightful owner owns their home. The next, it’s someone else’s. Indeed, recently an 89-year-old North York man was left heartbroken when his $450,000 bungalow was stolen from him by title fraud.
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Environmental Site Assessment
By: Alan Rustom, Broker
Almost any time a commercial property is purchased, buyers are advised to order an environmental assessment on the property to insure it is free of pollutants and contaminants. Environmental studies involve 3 stages: I, II & III.
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How to Select a Realtor
By: Sam McDadi, B.Sc., MBA
You've been implementing a disciplined savings plan over the past few years so that you can be in a position to buy your first home. The time has finally arrived. You feel confident and secure about your job stability and have decided you are ready to start your search.
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Commercial Real Estate & GST
By: Alan Rustom, Broker
When commercial real estate is sold to a person who is not registered for GST, the vendor is required to collect and remit the GST to Canada Revenue Agency. In most sales, however, the purchaser is registered for GST. In this case, the vendor no longer collects the GST on the sale.
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Consequences of Low Interest Rates and the State of Our Real Estate Market
By: Sam McDadi, B.Sc., MBA
After a decade of prosperous times, the Toronto real estate market last fall began to soften and the sales activity tapered dramatically in the last quarter of 2008. The real estate market meltdown was a global phenomenon. The recession had hit home and talks of depression began to emerge.
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