Ever wonder whether checking your credit score will lower it? Well, there’s good news. It won’t. This is called a soft credit check and it should be done regularly, at least once a year. Why? It can help you detect…
Whether planning for retirement, funding a major expense or aiming to build long-term wealth, your home's equity presents many opportunities for financial growth. Understanding how to effectively leverage your equity is key to unlocking its full potential. Home Equity Loan…
People who purchase and sell a property within a 365-day period may have to pay taxes on the profits of the sale. This is according to a new rule by the Canada Revenue Agency (CRA) that aims to deter residential…
Canada Mortgage and Housing Corporation is discontinuing the first-time homebuyer incentive. The deadline for new or resubmitted applications is March 21. Launched in 2019, the program was meant to help reduce monthly mortgage payments for first-time buyers by having the…
The Ontario government plans to prohibit Notice of Security Interests (NOSIs), both retroactively and going forward, to protect homeowners from fraudulent scammers. A NOSI is a notice that can be registered on the land registry system by a business when…
This past fall, the federal government announced a Canadian Mortgage Charter, which the Liberal party says will help “vulnerable borrowers” and bring relief to those potentially impacted by the higher interest rate environment. But what does this mean exactly? First…
The Bank of Canada’s decision to raise interest rates in March 2022, and to do so 10 times in a 17-month timespan to tame inflation, has sent shockwaves through the Canadian real estate market, eroding housing affordability and hurting existing…
With 20% of mortgages up for renewal in the next year, many borrowers are facing higher interest rates for the first time and potentially sky-high payments. If you're among this group of homeowners, here’s what you should know to navigate…
Condominium common expenses, most commonly referred to as maintenance fees, are payments unit owners must make every month to cover a variety of services (and sometimes utilities) provided by the condo corporation, including snow plowing, garbage collection and the upkeep…
Making a mortgage payment is often more desirable than paying rent. Homeownership helps you build equity and offers financial (and personal) stability. But the thought of carrying a mortgage for decades can be daunting. Whether at the beginning of your…
Clare Tattersall
Sales Representative
Direct: 647.625.3282
Office: 416.762.8255
Email: clare@realtorontowest.com
Royal LePage Real Estate Services Ltd., Brokerage
2320 Bloor St. W., Toronto, ON M6S 1P2
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