Gareth Ritcey Real Estate
8 Sampson Mews Unit 201 M3C 0H5 Toronto, ON, Canada

A short and quick video for everyone, but especially those of you looking to be first time home buyers. Remember that when a bank gives you the maximum mortgage amount that you can afford it, that is literally what it means. If you are to buy a home near the maximum amount that you can afford it may affect your lifestyle drastically.

For my millennial friends, another solid article that you should read if you do have student loans. Also, for those of you that do not have student loans, there is a short video at the end to give you some tips on how to save up for a downpayment.

I remember when I was going through my courses to become a real estate agent being shocked to learn that home inspectors are not regulated here in Ontario. Basically anyone can call themselves a home inspector and they are not held liable for any issues that they miss. I know that not all issues are easily discovered without ripping a hole in a wall, but when a buyer is making the largest purchase of their life they should be assured that the person they have hired to make sure nothing is wrong with the house actually knows what they are doing. Hopefully regulation will help reduce the amount of incidents like the one in the article below.

Have you ever been concerned about the quality of new home/condo builds here in the city? Well recent news will hopefully lead to positive change. Tarion Warranty Corp. which provides warranties on new homes for builders has just issued a warning against a major builder, Urbancorp. Tarion is concerned about the amount of claims that have been made against Urbancorp by buyers regarding project delays, deposit refunds and unfulfilled contracts. Buyers of Urbancorp homes are still covered by warranty.

This clever invention can help you keep your condo free and clean of dirt particles you may not even have realized were in your unit. http://www.macleans.ca//a-tiny-solution-for-a-condo-sized/