GENWORTH CANADA: “Making Homeownership Easier”

GENWORTH CANADA is… We Are Canada’s Largest Private Mortgage Insurer With A History Dating Back To 1995. Genworth MI Canada Inc. (TSX: MIC) through its subsidiary, Genworth Financial Mortgage Insurance Company Canada (Genworth Canada), is the largest private residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. Genworth Canada differentiates itself through superior customer service, a robust risk management framework and innovative processing technology. For more than two decades, Genworth Canada has supported the housing market by providing thought leadership and a focus on the safety […]

THE TORONTO REAL ESTATE BOARD RELEASES MARCH 2018 SALES STATS

April 4 2018 — Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 7,228 residential transactions through TREB’s MLS® System in March 2018. This result was down by 39.5 per cent compared to a record 11,954 sales reported in March 2017 and down 17.6 per cent relative to average March sales for the previous 10 years. The number of new listings entered into TREB’s MLS® System totaled 14,866 – a 12.4 per cent decrease compared to March 2017 and a three per cent decrease compared to the average for the previous 10 years. “TREB stated in […]

PURCHASING REAL ESTATE: Your Rights & Obligations in 8 Questions

Purchasing real estate is one of the biggest investments one can make in their lifetime, which is why it is so important to fully understand the associated legal implications. Can an offer to purchase be cancelled? What is a latent defect? A defect of consent? Interview with Martin Janson, real estate lawyer at Janson, Larente, […] via Purchasing real estate: Your rights and obligations in 8 questions — Royal LePage Leading Edge blog

Five tips for first-time buyers

No matter how much time you spend on researching and educating yourself about your home purchase, it’s hard to cover every detail. Here are a few tips for avoiding rookie mistakes with your first home purchase. Save as early as you can: Even if you think you’re years away from buying your first home, try to start saving for your down payment. It makes a huge difference in your monthly payments, and helps avoid paying Private Mortgage Insurance. Be thorough with mortgage shopping: There are countless resources out there that can help you get the best terms for your mortgage. […]

Robert and Marika’s Story

We had decided to sell our North York house where we have lived happily for forty years, for a number of reasons: to be closer to our daughter and her family at Christie and Bloor; to make it less time-consuming to participate in our numerous downtown cultural activities; and to be able to leave our home without extra responsibilities, when we are at the cottage in the summer or when we travel. The first thing Shawn asked us to do was to send him a ‘wish list’ of our parameters for a condo. These included: Being very close to a […]