What is a Vendor Take Back Mortgage? A vendor take back mortgage, also known as VTB mortgage, is a type of financing arrangement in Canada that involves the seller of a property lending money to the buyer to help them purchase the property. In a vendor take back mortgage, the seller acts as the lender…

Considering Buyers with Allergies and Asthma Looking to sell your home and you have pets? It’s important to think about the needs of buyers who might have asthma or allergies. In this blog, we’ll offer some advice about keeping your home ready to show when you have pets. It’s estimated that in Canada, 1 in…

How Important Is Lighting?  Lighting has a powerful influence on how a home feels the moment someone steps inside. It doesn’t just brighten a room; it shapes the mood, highlights key features, and makes a space feel either welcoming or cold. When buyers sense something “feels off” about a room, sometimes it’s not the architecture…

5 Spring Cleaning Tips When Selling a Home with Pets  Struggling to get your home free of pet hair before selling? Maybe you share your home with a dog, a cat, and even a rabbit, and getting rid of their remnants seems like an impossible task. Don’t worry! Our tips, created in collaboration with the…

How do Tariffs Impact Housing in Canada? The tariff tumult has rocked the global economy from North America to Asia. Canada, a critical trading partner for the United States, is stuck in the crosshairs of the new administration’s trade agenda – and the country could endure a shellacking the longer the trade dispute lingers. During…

Carney’s Stop to the Capital Gains Tax Changes—How It Will Impact Housing Canadians and businesses can now expect some clarity and certainty surrounding two tax issues. Canadian Prime Minister Mark Carney and his Liberal government recently announced that they would cancel the proposed increase in the inclusion rate for the capital gains tax. In addition,…

Benchmark Rate Sits at 2.75% The Bank of Canada has maintained its benchmark interest rate at 2.75 per cent, following seven consecutive cuts, citing weaker confidence, slower economic growth and the potential for higher inflation as reasons for its decision. The Bank noted that the shift in US trade policy and the unpredictability of tariffs…

Splitting Up? How Spousal Buyouts Work Navigating the aftermath of a divorce or separation can be complicated at the best of times, but there are extra challenges when property is involved. A spousal buyout is a practical solution that allows one partner to retain ownership of the shared home without the need to sell. This…

The Land Lease Option Owning a home has become increasingly challenging due to rising real estate prices and limited availability in prime locations. For many Canadians, traditional home ownership is out of reach. But what if there was an alternative? Land lease home ownership offers a more affordable way to own a home without the…

What to Do If Your Home Appraisal Comes in Low: A Guide for Canadian Homeowners Whether you are buying a home or refinancing your existing one, you will need an appraisal: an expert’s informed opinion of the value of your home. If your appraisal comes in lower than your offer, you will need to make…