What Happens When You Back Out of a Real Estate Deal?
Posted on Jan 09, 2025
Can a buyer or seller back out of a real estate deal in Canada? The answer is...complicated.
When a Buyer Backs Out
Say a buyer purchased a home during a hot housing market. As closing day approaches, they realize they’re out of their budget. Or, the mortgage-lender completes their appraisal and refuses to back the full mortgage amount. This could pu...
What to Look for in a Waterfront Property Inspection
Posted on Dec 19, 2024
Purchasing a waterfront property comes with its own unique set of challenges, especially if you’re unfamiliar with the process. One of the main ways waterfront properties differ from traditional properties is in the inspection. We’ve written about what to look for in a home inspection before, but there are a few additional things you need to look o...
Renovate or Sell As-Is?
Posted on Dec 13, 2024
We often write about home renovations and how they can increase the value of your home, but it’s not always necessary or effective to renovate. How do you know when you should just sell your home as-is?
Consider Timing
In real estate, timing has a dramatic impact on your selling and buying decisions. If you’re on a tight timeline—maybe you’ve put a...The Best Renovations to Add Home Value
Posted on Dec 04, 2024
Whether you’re renovating your home in preparation to sell or simply to enjoy a fresh space, it’s important to consider what improvements will deliver the best return on your investment. Here are some of the best renovations you can do in order to boost your home’s value.
The Kitchen
The kitchen is a key room that will sway the decision of many buye...AI & the Future of Real Estate
Posted on Nov 28, 2024
Many industries are rapidly evolving with the use of new technologies, and real estate is no exception. This McKinsey article estimates that AI could help generate $110 to $180 billion or more in value for the real estate industry.
However, in order to see this value, the industry has to grow and change alongside this technology. AI, VR, AR—what do...
Investment Potential: Winter Cottages
Posted on Nov 21, 2024
For many Canadians, a cottage is a summer vacation property and not a place you stay during winter. Though summer cottages are a solid and sound investment, winter cottages shouldn't be overlooked.
Canada is known for its beauty in winter, and winter properties in popular locations such as Muskoka or Banff can capitalize on both the scenery of the...
