Kevin Slemko Midtown Appraisals on new homes

You’re buying a new home. What do you need to know?

If you're like many Canadians, you've grown up thinking that one day, you'd be buying your own home. It seems like a pretty normal thing to do - until you're actually doing it for the first time, yourself. When you find yourself actually signing paperwork committing you to hundreds of thousands of dollars over a couple of decades - well, it can suddenly seem like a very big deal. But the more you know, the less stressful it can be.…...
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Kevin Slemko AACI on how to conduct estate appraisals

Estate Appraisals: What you need to know

When an estate involves real estate, proper valuation can be crucial It's a common situation: An elderly parent dies, leaving behind a spouse, adult children and young grandchildren. The family home is owned outright, or has a small mortgage, and everyone assumes that the home will be sold and the proceeds divided. Simple, right? After all, there's a straightforward Will and no one's arguing. Except that when there is a surviving spouse, and/or step-children, and the Will turns out to…...
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Kevin Slemko AACI appraiser on Canada mortgages

Mortgages in Canada: A range of options

It's best to understand your options before you shop If you've been thinking about buying a home in Canada, you've probably also been thinking about mortgages. If you've ever spoken to anyone at your bank or other financial institution about mortgages, you probably know there are a sometimes-bewildering number of options. But what do they all mean? Here, we break down your choices, and provide a high-level outline of the differences. Conventional mortgages This is probably what most people think…...
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Hamilton appraiser Kevin Slemko on Canadian real estate

House prices in Canada: An overview

Well, it's that time of year again: The time when experts and pundits everywhere look back at the year that was and try to make sense of it - and figure out what we can expect in the year to come. With that in mind, we wanted to share a couple of infographics we came across this week. Canadian house prices by major cities Zoocasa produced an interesting graphic based on CREA house price information on a month-by-month basis over…...
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