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| - | {{Template:News|a=Mortgage Woes|b=Sure, you've got a mortgage now, but what about refinancing that mortgage so you can get a few bucks out of your house now that its market value has gone up? Well be careful.. you could finance yourself right out of that house. The Toronto Star has a good article on what you should be aware of.|c=[http://www.thestar.com/Business/article/158045 Toronto Star]}} | + | {{Template:News|a=Mortgage Woes|b=Sure, you've got a mortgage now, but what about refinancing that mortgage so you can get a few bucks out of your house now that its market value has gone up? Well be careful.. you could finance yourself right out of that house. The Toronto Star has a good article on what you should be aware of.|c=[http://www.thestar.com/Business/article/158045 Toronto Star]}}\ |
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| - | {{Template:News|a=The Builders Side of the Argument|b=The Star has a great little article about some of the 'complaints' builders get from their home owners. A very interesting read.. Just how do you flush a diaper down the toilet in the first place?|c=[http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&call_pageid=971358637177&c=Article&cid=1165445415343 Toronto Star]}} | + | |
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| | {{Template:News|a=New Home Sales Up 4%|b=The [[GTHBA|Greater Toronto Home Builder Association]] has reported that new home sales in the area are up 4% compared to October 2005. That means 4012 new homes/condos were sold in October alone this year.|c=[http://www.gthba.ca/media_releases_2006_detail.asp?id=406 GTHBA]}} | | {{Template:News|a=New Home Sales Up 4%|b=The [[GTHBA|Greater Toronto Home Builder Association]] has reported that new home sales in the area are up 4% compared to October 2005. That means 4012 new homes/condos were sold in October alone this year.|c=[http://www.gthba.ca/media_releases_2006_detail.asp?id=406 GTHBA]}} |
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Revision as of 16:05, 22 December 2006
Canadas Online New Home Community
| Welcome!
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Is your new home under construction? Are you anxiously waiting for it to finish?
Many people in your area are in the same situation and looking to share information on their experiences. You've come to the right place. BuildingHomes.ca offers community message forums specifically for new home owners to get together and start building a community online before it's even built on the ground. You will also find a growing list of informational articles about many of the things you have questions about.
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| Mortgage Woes
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| Sure, you've got a mortgage now, but what about refinancing that mortgage so you can get a few bucks out of your house now that its market value has gone up? Well be careful.. you could finance yourself right out of that house. The Toronto Star has a good article on what you should be aware of.
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| New Home Sales Up 4%
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| The Greater Toronto Home Builder Association has reported that new home sales in the area are up 4% compared to October 2005. That means 4012 new homes/condos were sold in October alone this year.
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| We Are Running Out of Skilled Trades
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| Mike Holmes is now writing for the Globe and Mail. Recetly there was a column from him about how our country is running out of skill trades. Looking for a career change? Think about becoming one of these skilled trades. I recently made the switch from an office job to a low-voltage contractor, and I'm not looking back. Maybe it will appeal to you to be creative with your hands as well as your mind.
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| New Forum for East Gwillimbury
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| Now covering development areas in Holland Landing, Queensville, Mount Albert, River Drive Park, and Sharon.
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| Closing rules have changed, in your favour!
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Tarion has mad esome changes to the required closing dates that home builders provide. They don't come into effect until next year, but builders will now be required to provide dates for key milestones in the construction of the house, as well as set either firm or tentative dates within the purchase agreement. If the date is tentative then they have to inform you 90 days prior to that date if it is going to change or not.
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| Is energy efficiency on top of your list when buying a new house?
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| EnergyStar rated homes are becoming more of a big deal. There are more builders every year aiming for this rating and the building code is also increasing the requirements of energy efficiency.
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| Life Insurance Cheaper Than Mortgage Insurance?
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| When you get your mortgage your financial institution is going to require that you have some sort of insurance to make sure the bank gets paid back for their investment in case of your untimely death. The banks will offer this to you, but you may find that the terms and premiums are not the most reasonable when compared with Life Insurance from a regular insurance company.
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| JD Power and Associates Rankings for Home Builders in the GTA
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Mattamy has been ranked the number one this year, the second year of this survey. Last year it was Tribute Homes. But looking at the results from JD Power, I notice there are only 21 builders on there from the GTA, several are missing.
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| Moving to Milton? New home owner information from Town
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| The Town of Milton has just released some informational packages aimed at purchasers of new homes in Milton. Some good reads, especially the 'Before You Buy' section, even if you are not moving to Milton.
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| Mortgage Insurance. A necessary evil.
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| If you are putting less than 25% down on your new home purchase, you will have to get mortgage insurance. It doesn't insure you, it insures your lender that if you cannot pay for the house, that your lender will get their money back. Oh, and you have to pay for this insurance. Grrr, anyways.. some things are changing and The Star is reporting on it.
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| Problems with the construction of your house?
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| Nothing is perfect, but if it's so obviously wrong and you fear it needs to be fixed then here's a couple of ideas on how to go about it.
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| Does size really matter?
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| You are shopping for a house, do you look for the biggest house you can get for your financial situation? Maybe you could get away with a bit smaller house and increase the budget for upgrades. It's a balancing act that this article in the Toronto Star is set to show you.
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| 236500 Canadian Houses Were Started In July
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| That's right, over two hundred thousand new houses were started last month in our country. It's still a booming industry, but may slow down shortly due to the rise in prices and mortgage interest rates.
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| Feeling Handy? Do you know what you are doing?
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| Story about young home owners who get in over their heads when attempting renovations.
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| How We Paid Off Our House In 3 Years
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| How Perry and Tiffany (are you guys reading this?) managed to pay off their house in 3 years by working like maniacs. Take a breather guys, goal accomplished!
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| Are Real Estate Agents Overpaid?
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| A very interesting story about how realtors are competiting with the internet when it comes to buying/selling houses. The internet has made more information available to those involved and whittling away at what Agents can exclusively provide.
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| Have you thought about networking your new home?
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| One of the things I do to help fund this site is install telephone/data/cable wiring in new houses. I offer solutions to 'future proof' your house and make it easy to handle the new media devices and applications that are becoming more common.
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| GST Windfall For New Home Buyers
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| Did your house close after May 2, 2006? Then you could get up to 1% back because of the GST reduction.
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| Ontario Building Code Has Changed
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| Now requires builders to make houses more evironmentally friendly and accessible to those with disabilities.
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| Start Your Community!
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If you do not see yours lists, please ask!
- New Home Communities in Ontario
- Burlington, Milton, Oakville, Hamilton, London, Georgetown, Acton, Richmond Hill, Stouffville, Markham, Thornhill, Vaughn, Brampton, Durham Region, Dufferin County
- New Home Communities in Alberta
- Edmonton, Calgary
- New Home Communities in BC
- Greater Vancouver (Abbotsford to Whiterock and all in between), Vancouver Island, Whistler
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