Inspection vs. AVM vs. Appraisal

All three of these terms involve some sort of activity on a property. An inspection, an Automated Valuation Model, or AVM and an appraisal. While related, they all have different functions but sometimes they’re confused with one another. Let’s take a closer look. A property inspection is ordered by the buyers. While not required by…

Identifying Dangerous Products in the Home

Thousands of new products are introduced for consumer use every year, providing convenience and recreation for every member of the household. But every now and then these new products present unexpected dangers. Last year, the Consumer Products Safety Program (CPSP), part of Health Canada, received 2,355 reports about dangerous products, of which 22 involved a…

Is This the Future of Rent-To-Buy?

In theory, the idea behind a rent-to-buy arrangement is a good one for those who want to purchase a home but aren’t quite ready yet. More than anything, it gives buyers hope, and often a solution to their credit woes, while locking in a home that will, presumably, belong to them one day. “One of…

The Beginner’s Guide to House Hacking

The internet loves the word “hack” because it usually means there’s a creative, inexpensive shortcut that solves a common problem. But it also often results in a solution that’s not quite up to par, which is why many investors may have turned a deaf ear to the concept of house hacking.  In reality, house hacking…

5 Surprising Ways to Invest in Your House

For many people, a home is their largest and most important investment. The good news for people around the country is that housing markets continue to appreciate. After the housing crisis several years ago, home values have increased every year. With additional equity in their homes, many people are starting to think about investing money…

The VA Funding Fee Explained

Mortgages that are backed by the Department of Veterans Affairs are referred to as the VA loan. While the VA doesn’t actually get involved with any part of an approval, it does issue guidelines that lenders must follow in order to receive the loan guarantee. VA loans are one of three of the government-backed programs,…

Holiday First Look: 2019 Color Trends

Is it too early to start thinking about Christmas decorations? Is it ever too early to start thinking about Christmas decorations? We think not, frankly. When it comes to the decorating itself, studies show the earlier you start, the happier you are. While early November might be a tad too early to actually start putting…

Hidden Commission & Emerging Transparency

How easy is it to find out how much real estate commission you’ll pay to sell your home—before you sign a listing agreement? • Disruption and transparency are driving forces in many industries, but not when it comes to learning the cost of selling your home or the possibility of negotiating real estate commission, which…