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
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
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
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
Rent To Own... Is it Right for You?
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
How To Prepare Your Home for Sale!
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
Does Your Home Qualify As a Principal Residence?
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