Diane Giberson
Effective July 1st, 2012 new home enrolment fees have dropped by $150. This is good news for you, if you are about to purchase a new home from a builder in which the Tarion enrolment fees are extra.
Also, there has been a significant reconstruction of the Seven Year Warranty framework:
Title insurance is a unique form of insurance. It protects your ownership or title against losses incurred as a result of undetected or unknown title defects, for as long as you own your home. Even if you are the rightful owner of a home, there are instances such as real estate fraud, when your title can come into question. Title insurance continues to protect your ownership from the day of closing to the day you sell your home. Coverage is also extended to heirs who receive your home in the event of your death.
So you are thinking about selling your home but its not yet ready. Well here are a few tips to help you get focused.
The greatest error many people make is to make extensive renovations without regard to return on investment. A dollar spent on renovations does not necessarily equate to a dollar added to the value of your home. Carefully determine what will bring the most “bang for your buck”. According to the Appraisal Institute of Canada “spa” style shower systems are a very popular upgrade which only brings a return of approx. 36%.