3 Keys to Making a Great Condo Investment
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In the world of new condos, there are hundreds of options. Every…
Do I need to be in Canada to close on my Condo purchase?
The buyer is not required by law to be present on the closing…
How long can a developer extend the occupancy without penalty?
The Statement of Critical Dates will set out 3 dates: the First…
What is the Interim Occupancy Period?
After a condominium is substantially completed by its builder,…
What is TARION?
Tarion is tasked with protecting buyers of new homes to ensure…
What closing costs do I need to be aware of when purchasing Pre-Construction Condos?
When you buy pre-construction, there are some additional closing…
Is there any benefit to being a first time home buyer when purchasing a Pre-Construciton Condo?
Is there any benefit to being a first time home buyer? A first…
What is a Limited Power of Attorney and when is it safe to use?
A limited POA is one which only allows the attorney to do specific…
I need a Power of Attorney to close the transaction, what do I need to know?
Before signing a POA or asking someone to act as your attorney,…
What do I need to be aware of when signing a Power of Attorney when purchasing a Pre-Construction Condo?
A Power of Attorney (POA) is a legal document which allows a…
What do I need to get pre-approved for a pre-construction condo?
In order to get a pre-approval set up for the purchase of a pre-construction…
When is it beneficial to re-finance my investment?
This depends on how your condo investment fits into your overall…
Will I be able to get a Mortgage Rate held until closing?
When you apply for a pre-approval the rate and application is…
I don’t know if I will be owner occupying my suite, how will that affect my pre-approval?
There are some important differences between applying for a mortgage…
If I get pre-approved when I purchase a condominium that doesn’t close for 5 years, does that guarantee that I will get a mortgage at closing?
The pre-approval is by no means a guarantee that mortgage financing…
Is there a minimum square footage required in order to get financing for a condo?
Although there is currently no official minimum square footage…
