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Recent Articles“LEGAL ASPECTS OF REAL ESTATE INVESTING”Click here to open a PDF of Douglas Gray’s full PowerPoint presentation on Legal Aspects of Real Estate Investing: http://www.homebuyer.ca/wp-content/uploads/Legal-Aspects-of-Real-Estate-Investing.pdf Read Full StoryUSING YOUR VACATION HOME FOR EXCHANGES AND BARTERINGThere are many benefits of having a second home in a recreational area. This includes your ability to creatively exchange your home for other lifestyle and monetary options that might appeal to you. You might occasionally envy those who have a timeshare in a resort area, because they can trade their timeshare allotment of a […] Read Full StoryKEY FACTORS TO CONSIDER WHEN SELECTING A MORTGAGE (PART I)There are many factors you have to decide on before finalizing your mortgage decision. The key factors are amortization, term of the mortgage, open or closed mortgage, prepayment privilege, interest rate options, interest averaging, payment schedules, and assumability, and portability. A brief explanation of the first four items will be discussed in this Part I. […] Read Full StoryFACTORS TO CONSIDER WHEN SELECTING A MORTGAGEThere are many factors you have to decide on before finalizing your mortgage decision. The key factors are amortization, term of the mortgage, open or closed mortgage, prepayment privilege, interest averaging, interest rate options, payment schedules, assumability, and portability. A brief explanation of the first four items was discussed in the last column, Part I. […] Read Full StoryUNDERSTANDING YOUR CONDO INSURANCE OPTIONSYou need to protect your condo investment by having adequate home insurance and avoid the pitfalls of having a claim denied. Here is a basic overview of the common insurance jargon you will encounter, and information that you should know to save money and grief. This will help you in your decision-making. Inflation allowance This […] Read Full StoryINSURING YOUR PEACE OF MIND AND SAVING ON PREMIUMSThe most important decision you will make to protect your property investment, is the nature and quality of your insurance coverage. There are types of coverage you don’t want to do without, and there are techniques to save money on your premiums. When deciding on your insurance program, you need to determine the risks you […] Read Full Story“TOP 10” PITFALLS TO AVOID IN WILL AND ESTATE PLANNINGTwo out of three adult Canadians do not have a will. One out of four Canadians will die suddenly. You can’t take the risk that the Canada Revenue Agency or your provincial government will end up with your money because of poor tax planning and lack of a will. However, there are some classic pitfalls […] Read Full StoryWHERE THERE’S A WILL THERE’S A WAY – TO AVOID PROBLEMSDo you have a will? Was it prepared by a lawyer? Do you update it regularly? Have you selected your executor and trustee carefully? Have you obtained expert tax advice on estate planning strategies to save money? If you are answering the above questions with a confident “yes”, then good for you! However, you are […] Read Full StorySELECTING SNOWBIRD HOUSING IN THE U.S.You have lots of choices when considering housing options in the U.S. as a snowbird. The most popular choices are mobile home parks, RV parks, manufactured homes, and condominiums in retirement lifestyle communities. Some of the advantages of include the opportunity to live and socialize in a homogeneous community of like-minded active people in the […] Read Full Story |
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