What Is An assignment Sale An assignment sale is a real estate transaction in which the original purchaser of a pre-construction property (such as a condo or a house) sells their purchase contract to a new buyer before the property is completed and occupied. In an assignment sale, the original purchaser is effectively assigning their interest in the property to the new buyer, who then takes over the contract and becomes the new owner of…
Rug or a Carpet A rug and a carpet are similar in that they are both textiles used as floor coverings, but they have some distinct differences. Carpets are typically larger than rugs and are meant to cover a significant portion of a room or floor. Rugs, on the other hand, are smaller and are typically used to define a space or accent a room. Installation: Carpets are typically installed by stretching them over the…
Tips for the first time home buyers House hunting and buying is not an easy task. You are investing in one of the big investments of your life. Before you venture into home buying, it's a good idea to keep yourself informed. Here are few tips for the first time home buyers. Get your finances in order: Before you start looking for a home, get your credit score and get pre-approved for a mortgage so…
Buying a Town Home With POTL fee and how can it affect your purchase In the hot market it becomes very important to be knowledgeable what you intend to buy. Since real estate market has been very hot in year 2021 and at the beginning of 2022. In many homes sales, this question comes about the freehold town homes when the buyer want to buy but he doesn't know the implications of POTL fee. "Before…
How To Replace Radiant Kitchen Stove Heater Element All of a sudden one day you realize one of the heater element of your electric stove is not working. This can lead to frustration. When was the last time you bought your kitchen stove. Over the period of time, stove heater elements oxidize and will not function. Its simply due to the fact the wire gets burn out and wouldn't work. So it is the time…
Leasing A Home Renting or Leasing A Home and Documents Needed Quick checklist What You Need To Have Credit Checks* - Most recent. e.g 30 days or so, is the trend. Equifax is the preferred choice. Job letter*. Salary details and Pay stubs* Work Place reference Photo id of the no of people occupying the place. Post-dated cheques.* In addition To Above Landlords Also Ask For No of Cars Park needed. 1st and last month…
Home With Wood Burning Fire Place Do you have Wood burning fire place in your home. If yes, time will come when you will need your home chimney to be inspected by a certifies WETT certified professional. The need for this is dues to the fact that with over a period of times, creosote builds up inside the wall of the chimney. How often you have you have to clean , depends upon your use…
Why Water Pipes Rattle A few years ago, when one of my friends moved into their new home, they noticed a very unusual noise in the basement washroom. Whenever someone used the tub faucet, they heard banging in the water pipe lines, and the pipes would vibrate. Water pipeline can rattle due to improper anchoring, excessive water pressure, or trapped air within the pipeline. To alleviate this problem, you can add parallel pipes of equal…