A reverse mortgage is a home loan that provides cash payments based on home equity. Homeowners normally “defer payment of the loan until they die, sell, or move out of the home.” Upon...
There comes a time when having the freedom to up sticks and move around starts to lose its shine. You begrudge lining someone else’s pockets with rent. You begin to long for something other than...
Who needs title insurance? Anyone who owns a house! Title insurance is a policy of insurance that provides coverage for the title-related risks associated with real estate transactions. It is...
Sometimes one of the selling points a seller gives me about their home is “the neighbours are great.” It’s something that many of us take for granted and don’t pay...
A housing cooperative, or co-op, is a legal entity, usually a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing...
It’s not hard to find a 50-something asking the question, “Am I too old to buy a home?” The answer is, absolutely not. A couple of decades ago, the assumption was that everybody retired around age...
The peak homebuying season may be over, but there are still steps you can take to ensure a speedy sale. Setting the right price and making an excellent first impression are both essential to...
If you are like most home buyers and sellers, chances are you’ll want a qualified real estate agent to help you through the process. Agents act as liaisons between buyers and sellers, and...
Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit. Improvement of realty property as part of a real estate investment strategy is...
Homeowners’ insurance isn’t a luxury, it’s a necessity. In fact, most mortgage companies won’t make a loan or finance a residential real estate transaction unless the buyer...
A property survey shows the boundaries of the property indicating the lot size, and includes a written description of the property. Property surveys, which resemble a map, are carried out during...