A Vendor Take Back Mortgage (VTB) is a type of mortgage where the seller of a property provides financing to the buyer instead of the buyer obtaining a mortgage from a traditional financial institution. In a VTB, the seller agrees to lend the buyer a portion or all of the property’s purchase price, which the…
Cambridge Condo: Cambridge condos offer a great opportunity for homebuyers looking for an affordable and comfortable living space. With a variety of styles, designs, and price ranges, there is a condo in Cambridge to suit everyone’s needs and preferences. The city’s growing economy and strong real estate market make it a great location to invest…
Aurora Condo: Aurora has become an attractive location for many homebuyers in recent years. With its charming neighborhoods, excellent schools, and convenient location near Toronto, Aurora has seen an increase in real estate development in recent years, especially in the condo market. In this article, we will take a closer look at the Aurora condo…
It is simple to see the sharp interest rates destroying the chances of possessing a house of your own. Isn’t it? Along with the increasing inflation rate and high-interest loan plans prevent you from getting hands on your dream home. Don’t they? But, guess what? Canada’s First Time Home Buyer Incentive (FTHBI) is here to…
Toronto is the capital city of Ontario province. It is a multicultural municipality with the most populous city in Canada. Toronto is a renowned city in Canada. It was the earliest settlement established by the British after the Toronto purchase in 1787. Its name most likely derives from the Iroquois word tkaronto, meaning “The place…
Keswick is a small community located in central Ontario. It is present in the town of Georgina, north of York, Toronto. The town of Keswick was formerly known as Medina. It has over 26000 people living in it, and the numbers are increasing daily. Until the ’80s, the town was thought of as a “cottage…
A letter of reference for renting can help persuade a property manager to choose you as a tenant, whether renting from an individual or a property management company. To create a convincing and professional letter, your references can use a rental reference letter template as a guide. Selecting the appropriate people to write the reference…
The first month’s rent is used as a payment for the first month of your tenancy. The landlord in Ontario is permitted to require both the first and last months’ rent as a deposit, regardless of the type of residential property you are renting. Since the landlord can only use the money to cover the…
It’s no secret that global inflation has skyrocketed residential real estate prices. With competition increasing between buyers, Canadians are now moving to options beyond the country’s borders. These options mostly include the Turks and Caicos islands, as they provide investors with a place to invest and relax. Following are some reasons behind Canadians buying Turks…
When purchasing a home of your choice, eventually, the exact footprint does not matter. After all, a property with a large footprint that is outdated, neglected, or badly designed won’t command the highest sale price in the neighborhoods. Yet, being aware of a home’s square footage might assist you in determining whether or not the…
