Money Talks: who handles the money when you’re Buying a Home in Nova Scotia

Money Talks: who handles the money when you’re Buying a Home in Nova Scotia

One of the things that incites the most anxiety when buying or selling a home is the money, who is handling it? Luckily for home buyers and sellers your trusted professionals help you in this department. Read on to learn the specifics of who does what.

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Restrictive Covenants - What are they? Why should you care if you're buying or selling a house in Nova Scotia?

Restrictive Covenants - What are they? Why should you care if you're buying or selling a house in Nova Scotia?

Restrictive covenants are rules about the use of the property. I.e. the restrict your ability to do things on or to your property. The person (or company) that has the right to enforce these covenants is referred to as the "covenant holder" and is most often the developer of your subdivision. These rules are attached to the property and pass from one owner to the next

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What does “clean and vacant” actually mean when you're selling a house in Nova Scotia?

What does “clean and vacant” actually mean when you're selling a house in Nova Scotia?

This is something that has come up a few times this summer, so I thought I would write a short post about it.

The house (and property) should be clean and tidy. Honestly, the cleaner the better, but certainly “broom clean” is a must.

If you are buying, it may not hurt to include a professional cleaning condition in your agreement so you can be confident that the home will be clean.

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First Time Homebuyers' Rebate - Nova Scotia

First Time Homebuyers' Rebate - Nova Scotia

If you are buying a home for the first time you may qualify for First Time Home Buyers' rebate.

A "first time buyer" is an individual who builds or purchases a newly built home and has not owned or occupied a home in Canada in the last five years.

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Looks Matter: How Professional Staging and Photography can help you sell your home in Nova Scotia

Looks Matter: How Professional Staging and Photography can help you sell your home in Nova Scotia

Much of a home buyer's initial search happens online these days. This means that the pictures and videos of your home online are the things that will capture someone's attention and impress them enough to see the home in person. You want to make the most of this opportunity. Virtual tours have also become a great way to show off your home. Professional home staging and photography are a great way to accomplish this.

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What is Title Insurance for Nova Scotia property, and why do you care?

What is Title Insurance for Nova Scotia property, and why do you care?

What is Title Insurance?

First things first: the word "title" refers to your legal right to own, use, mortgage and sell real property. Title Insurance is there to protect your legal interest, and often that of your lender, in your property.

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Inspection and the Final Walk-through for real estate purchases in Nova Scotia: Bring it up on or before closing day or forever hold your peace.

Inspection and the Final Walk-through for real estate purchases in Nova Scotia: Bring it up on or before closing day or forever hold your peace.

One major piece of the picture when buying your home is inspecting the property to decide A) what issues there are and B) how they will be addressed OR if you are willing to live with them.

Professional Inspection

One of the first steps after you have signed an agreement of purchase and sale is a home inspection. It is always a good idea to use a professional home inspector come in and do an inspection of the home you are considering buying. Their job is to flag any issues that may change your mind about purchasing the property, or the price you are willing to pay for it.  The inspection is the opportunity to raise issues that will need to be addressed. As a result there may be further negotiations with the seller to either take care of the issue prior to closing, or sell at a lower price so you will have the money to fix it. You should look for an inspector that has both liability AND errors and omissions insurance. This protects you not only from any damage they might cause while on the property to do the inspection, but also provides you with possible recourse if they miss something important on the inspection.

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Why finding the right realtor to sell your house matters (a lot!)

Why finding the right realtor to sell your house matters (a lot!)

There are a lot of real estate agents out there, and it can be overwhelming deciding which one is right for you. But the right agent can make a huge difference in your home selling experience.  The right agent can not only make the experience more pleasant, they will likely also be able to sell your house for more and in a shorter amount of time.  To make the decision-making process easier, consider the following

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