Condo Occupancy Fee. - 03/25/10 10:05 PM
 
Whenever you purchase a new condo, there is a period of time between when you take occupancy of your unit and when you take ownership of your unit. This is known as the ‘occupancy period' or ‘interim occupancy'. During this period you will be requested by the developer to pay occupancy fees or ‘phantom rent' as it is also known.
The Condominium Act requires condo developments to be constructed to a substantial level prior to registration of the condominium plan. Title to a unit cannot be transferred until the condominium is registered.
Thus, with newly built condominium apartments, there are … (3 comments)

How Will the New Mortgage Rules Affect the Canadian Market - 03/25/10 09:55 PM

Finance Minister Jim Flaherty recently unveiled new mortgage rules aimed at stopping housing speculators and ensuring homebuyers can adequately handle their debts when interest rates inevitably rise. Mr. Flaherty stressed that Canada's real estate market is healthy, and that the new rules, which take effect April 19th, would stop "negative trends" from development."There's no clear evidence of a housing bubble, but we're taking proactive, prudent and cautious steps today to help prevent one. Our government is acting to help prevent Canadian households from getting overextended, and acting to help prevent some lenders from facilitating it," commented Minister Flaherty."The underlying message … (1 comments)

A One-Weekend Garage Makeover by Shah Ahmed Remax Saskatoon - 03/25/10 09:52 PM
Garages are the most hardworking spaces in your home. Investing a few hundred dollars in garage organization tools during one weekend will pay off in savings of both time and money.
A clean and organized garage saves you time by keeping essentials in clear view, so you can find what you need without tripping over items or causing an avalanche whenever you pull something from the bottom of a pile.
You'll also save money because your sporting goods and tools will last longer when they're stored safe from moisture, heavy weights and dust. Even your car will be protected from falling … (3 comments)

Renting vs. Buying a House - 03/12/10 12:02 AM
Renting vs. Buying a House
Am I better off renting or buying a house? - This is a very old question. Before you decide, you need to answer the following:
 
1.  How often do you expect to move in the future?
 
The cash outlay line is the one that's most important - it represents the payments you will have to budget for every month. In our example, it costs you about 20% more per month to own your home. If the interest rate of our mortgage was higher, say 10% then it would have been 30% more. Similarly, … (0 comments)

 
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Shah Ahmed

Saskatoon, SK

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REMAX Saskatoon

Address: 200-227 Primrose drive, Saskatoon, sk, s7k 5e4

Office Phone: (306) 341-2739

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