Property Taxes in HRM: What you need to know

Property Taxes in HRM: What you need to know

There has been some recent discussion in the Halifax Council of the idea of removing the provincial assessment cap for annual property taxes. As a result I thought now would be the perfect time to review the cap, and some other details about property taxes in HRM that you should know, if you own, or are looking to buy a home in the area.

 

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What happens when your real estate deal falls through?

What happens when your real estate deal falls through?

Failing to close on a purchase or sale obviously isn’t anyone’s Plan A, but it does happen. What does Plan B look like?

Some of the reasons that a deal might fall through on closing day include, financing issues, a buyer purchasing a home on the condition that their previous home sold, major issue arises on inspection or pre-close walk through that cannot be resolved.

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Everything You Should Know About 'Closing Costs'

Everything You Should Know About 'Closing Costs'

We've all heard the term "closing costs", have you been provided with an explanation of what that really means. I've outlined below things that constitute closing costs for both a sale, and a purchase. It is important to understand closing costs for a purchase do not come out of your mortgage funds. You will have to come up with this amount before the transaction closes. For a sale the closing costs would come off of the top of the sale price.

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Thinking about buying a vacation home? What you should know first:

Thinking about buying a vacation home? What you should know first:

We are lucky to live in a place with a wealth of cottages and vacation homes. Many Nova Scotians are able to make the dream of having a cottage come true. This blog reviews some of the things to look out for to avoid your dream becoming a nightmare.

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To buy or not to buy? that is the question

To buy or not to buy? that is the question

Deciding where to live can seem overwhelming. There are a lot of factors that contribute to that choice. What you may not know is that it is not simply a choice between renting OR buying, there is also a third option: buying a home on leased land. This blog focuses on some pros and cons of each to help you decide.

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