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3 Ways to Attract Buyers to Your Open House
When it comes to open houses, there are a number of conventional ways to attract potential buyers to come out and see the property. While many methods work (after all, who doesn’t enjoy putting some cinnamon buns in the oven?)…
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Homebuyers Need Help, Not Hindrance of the Mortgage Stress Test
The mortgage stress test began with the best of intentions. In October 2016, interest rates had been hovering at historic lows for the better part of a decade. Real estate prices were rising, and household debt grew and grew. Very…
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Buying a Condo by the Numbers: How much homeowners insurance do you need?
Here’s a fun real estate stat for condo buyers: one in eight Canadian households live in a condo. That’s right, the 2011 National Household Survey (NHS) showed that 1,615,485 households (12.1%) lived (either as owners or renters) in condominiums. Of...
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Pros of a Studio Apartment
What are some of the pros of purchasing a studio apartment? We reached out to our RE/MAX Influencers – a panel consisting of RE/MAX Sales Associates throughout Canada – to answer this question. Affordability & Location “Location and cost. Most…
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Open House Etiquette: What you should (and should not!) do
House hunting is an exciting experience. Open house-ing has become a hobby for avid real estate watchers and nosey neighbours. To the serious buyers out there, an open house represents a potential investment and a place to plant roots. But before you...
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Smart Ways to Spend Your Income Tax Refund
You've filed your taxes (or you're planning to very soon) and you're expecting an income tax refund. To some, this perceived windfall can be a sign to go on a spending binge. According to Canada Revenue Agency, the average income...
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Buying a Condo by the Numbers: What do condo fees actually cover?
Monthly condo fees are paid above and beyond your purchase price, and are unique to the condo buying market. Simply put, condo fees cover the services and utilities of the condo building on a macro level, not just your unit....
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5 Things to Know About Buying Vancouver Real Estate
As a metropolitan city, Vancouver has one of the hottest real estate markets in Canada. From the booming technology and film sector, to the vibrant waterfront scene, Vancouver has made a name for itself as a top urban centre to...
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What is a Studio Apartment?
If you are single and looking for the ideal place to call home, a studio apartment might be the perfect option for you. Also known as bachelor apartments or less commonly, efficiency apartments, these little units provide everything you need…
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Buying a Condo by the Numbers: How to buy and finance your condo
These days, condominiums are an affordable alternative to purchasing a single-family home. As real estate prices continue to rise in many Canadian markets, purchasing a lower-priced condo makes for an attractive choice to those pursuing home ownership (perhaps, even for the...
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