What Fees Are Involved in Selling a House in Canada?

Are you listing your home for sale? Then you’re likely wondering about fees associated with selling a house in Canada, and maybe even real estate lawyer fees in particular, along with who pays lawyer fees when selling a house. Listing your home in the Canadian real estate market involves much more than the transaction itself….

How Do You Pay Off Your Mortgage Faster?

Buying a home is a big investment and a huge commitment, but most homeowners will attest that the long-term pay-off is worth the shorter-term financial pains and strains. Over the last few years, mortgage interest rates have been in the spotlight, and more recently, the culprit behind many of those “pains and strains.” A higher interest…

Is a Real Estate Investment Still Profitable?

“Is real estate a good investment?” “Is buying a house a good investment, or is investing in a commercial property a better idea?” are just two of the questions that real estate agents get asked often. Long-term real estate investments have historically generated excellent returns. However, how much you pay for the property, how much…

Closing: Understanding your Legal Buyer Obligations

After weeks or months of viewing and bidding on properties, your offer on the house of your dreams has been accepted. Now what? At this point, typically, there is a bit of a waiting period. The closing date in real estate is defined as the day the buyer officially becomes the owner of a property…

How Much Tax do I Pay When Selling My Home in Canada?

How Much Tax Do I Pay When Selling My Home in Canada? https://blog.remax.ca/wp-content/uploads/sites/8/2023/05/ReMax_SEO_4_16x9_091724-mix.mp4 . In today’s economy, real estate is one of the best ways to generate wealth and fund your retirement. But while asset appreciation has been enormous – according to the Canadian Real Estate Association (CREA), the average annual rate of return has…

What Do You Get in Exchange for Your Property Taxes in Canada?

In Canada, everyone has an opinion about property taxes. Whether city dwellers or rural folk, each side will argue that the other is not paying enough in property taxes, making for a heated and spirited discussion about levies on the residence you worked hard to purchase. That said, aside from discussions over what the property…

Top 10 Canadian Real Estate Trends of 2024

Canadian real estate has been a staple in headlines and above-the-fold features for years, but 2024 has been an especially turbulent year, the product of a perfect storm of factors including affordability, inventory, immigration, economy, interest rates, government policy, sidelined homebuyers clamouring to get back into play, and home sellers waiting for just the right…

RE/MAX Integra Co-Founder Appointed to the Order of Canada

Canadian real estate pioneer, esteemed business leader and philanthropist Walter Schneider has been appointed to the Order of Canada alongside 87 other outstanding Canadians, in what is considered to be one of Canada’s highest honours recognizing those who have made notable and sustained contributions to the country. Schneider redefined Canadian real estate when he co-founded…

The Neighbourhood Dilemma: Can Canadians Have Both Affordability and Liveability?

Neighbourhoods evolve. They are a living, breathing thing, growing and changing as people come and go. So, what attracts people to a neighbourhood in the first place? This question was a prevailing theme of RE/MAX’s 2024 Liveability Report, which evaluated Canadians’ most-valued liveability criteria, and based on that, the neighbourhoods that suited them best. From…