Real Estate

Download e-book for kindle: 101 Streetsmart Condo Buying Tips for Canadians by Douglas A. Gray

By Douglas A. Gray

ISBN-10: 0470157712

ISBN-13: 9780470157718

ISBN-10: 0470838124

ISBN-13: 9780470838129

The publication might hide the entire key suggestions that any condominium consumer must be aware of. it can accomplish that within the structure of one hundred and one information (or so), segmented below a number of headings. it might be Canadian in content material and fill a tremendous unmet desire available on the market. the next sections are instructions (see additionally the proposal); ultimate content material judgements can be made among writer and editor. part 1: Why Is a residence correct for Me? part 2: apartment principles and rules part three: Financing a purchase order part four: The apartment buy part five: purchasing to speculate Appendixes: resources of data Key web pages Checklists word list

Show description

Read or Download 101 Streetsmart Condo Buying Tips for Canadians PDF

Best real estate books

Download e-book for iPad: Vacation Home Fractional Conversion by Daniel G Morton

Holiday domestic Fractional Conversion is a clean method for a altering actual property industry. This groundbreaking ebook will take the reader from a fractional possession neophyte to a degree the place Fractional possession professional should be aptly utilized. no matter if you're a genuine property expert, a house builder, a holiday house owner or just dreaming of possessing a holiday domestic.

Get Navigating the Mortgage Minefield: Your Complete Guide to PDF

The personal loan marketplace is in a kingdom of hindrance, and the new takeovers of Freddie Mac and Fannie Mae have made it much more daunting. Now, greater than ever, debtors have to take accountability for his or her financing offerings. As a professional within the personal loan undefined, Richard Giannamore has helped hundreds of thousands of individuals steer clear of the traps which could fee them a fortune.

Download e-book for iPad: 51 Canadian Real Estate Investor Success Stories by Don R. Campbell, Joy Gregory

Fifty one good fortune tales from Canadian genuine property traders chronicles the very good successes -- and near-misses -- of Canadian traders who hire recommendations designed by means of Canada's best-selling actual property writer, Don R. Campbell. In his first best-sellers, actual property making an investment in Canada and ninety seven counsel for Canadian actual property traders, Campbell exhibits what it takes to reach actual property making an investment.

Real Estate Investment: A Value Based Approach by G Jason Goddard, Bill Marcum PDF

This publication fills a spot within the present assets on hand to scholars and execs requiring an academically rigorous, yet virtually oriented resource of data approximately actual property finance. Written by way of a financial institution vice-president who for a few years has practiced as a advertisement lender and who teaches actual property funding at collage point, and a tutorial whose region of research is finance and especially valuation, this e-book will lead readers to actually comprehend the basics of creating a valid actual property funding choice.

Extra resources for 101 Streetsmart Condo Buying Tips for Canadians

Example text

Pay his share of the common expenses established by the condominium corporation, including any special assessments. • Pay his share of any judgment registered against the common elements. Note: This liability arises because the unit owner owns a share of the common elements as a tenant in common. For this reason owners should be aware of the extent of liability insurance arranged by the condominium corporation. Tip #10: Know Your Rights Before You Buy—You Could be Surprised Your rights as a condo owner are defined by the condominium legislation of your province, and the bylaws, rules, and regulations of the condominium project that you are buying into.

Since you can’t predict the market, make sure you obtain the release from the bank. Otherwise, don’t permit the assumption. Make sure that you obtain legal advice before permitting any buyer to assume your mortgage. Builder’s Promotional Mortgage In order to entice a sale for a new home or condominium, a builder sometimes tries to make financing easy for you by various means. 42 Chapter 3 One way is by means of a discounted mortgage. In other words, to make the condo price attractive, the mortgage rate might be reduced to 4%, whereas the prevailing interest rate for a first mortgage could be 6%.

The reason for this provision is that the lender obviously does not want the property to deteriorate through neglect and therefore reduce its property value, compromising the value of the security. 36 Chapter 3 d) Requirement to Pay Taxes This clause states that you are obliged to pay all property taxes when they become due, and that if you do not do so, the lender is entitled to pay the taxes and add the amount paid in taxes to the principal of the mortgage. Many lenders attempt to avoid any problem with taxes by having a separate tax account set up at the time you take out the mortgage.

Download PDF sample

101 Streetsmart Condo Buying Tips for Canadians by Douglas A. Gray

by John

Rated 4.09 of 5 – based on 39 votes