What is Assignment

By: Idrees M. Butt

What is Assignment

Tags: Real estate, assignments, buying a condo, condo sale

In real estate, an assignment is a transfer of rights or interests in a property from one party to another. An assignment typically occurs when a buyer of a property wants to transfer their interest in the property to another party before the transaction has been completed. For example, if a buyer signs a purchase agreement for a property and then decides they do not want to go through with the p...Read More

By: Idrees M. Butt

Which is Better: Renting vs Buying a Property

Tags: Real estate in toronto

Renting versus buying a home is a decision that many people face at some point in their lives. Both options have their pros and cons, and the right choice for one person may not be the same for another. Here are some factors to consider when deciding between renting and buying a home: Pros of renting: Flexibility: Renting allows you to move more easily if your job or personal circumstanc...Read More

By: Idrees Muhammad Butt

Islamic Financing or Halal Mortgages for Residential or Business

Tags: islamic financing, halal financing, halal mortgages, halal financing, sharia financing, Sharia mortgages, islamic loans, islamic banking

  Islamic finance or Halal financing is that complies with sharia. Some of the modes of Islamic banking/finance include Mudarabah (Profit sharing and loss bearing), Musharaka (joint venture), Murabahah (cost plus), and Ijara (leasing). One of the most important law of Sharia prohibits riba, or usury, defined...Read More

By: Muhammad Idrees Butt

10 MAJOR MISTAKES TO AVOID ON YOUR INVESTMENT PROPERTY

Tags: INVESTEMENTS, INVESTING IN REAL ESTATE TORONTO, INVESTMENT PROPERTY IN MISSISSAUGA

You may have heard that your first real estate investment is the most difficult one. It’s true. Your first deal is difficult because you don’t know enough. How could you? Yet you still need to move forward and get started. If you wait until you’re 100 percent ready, you’ll never make progress. But even though your first deal won’t be perfect, you still don’t w...Read More

By: Muhammad Idrees Butt

Rent To Own... Is it Right for You?

Tags: Investing

  Rent - To - Own Program   Who Should Consider Rent-to-Own Option A rent-to-own agreement can be an excellent option for people who want – but are not financially ready – to become homeowners or Who do not have a good credit. A rent-to-own agreement gives them the chance to get their finances in order (by improving their credit score and saving money for a down payme...Read More

By: Muhammad Idrees Butt

How To Prepare Your Home for Sale!

Tags: Selling

    When it comes time to sell, you will likely want to know how to prepare your home for sale. It has been proven time and again that those who set their homes up correctly have better luck with buyers than those who leave it as it is when they live in it day to day. This process is known as staging a house and there are professionals that make good money to do this job. However Y...Read More

By: Muhammad Idrees Butt

Does Your Home Qualify As a Principal Residence?

Tags: Sellers

    How Your House Qualifies as Principal Residence to Avoid Capital Gain Tax on Sale (Important question from investment standpoint)? A property qualifies as your principal residence In Canada for any year if it meets all of the following four (4) conditions: 1. It is a housing unit, a leasehold interest in a housing unit, or a share of the capital stock of a co operative housing...Read More

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