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Real Estate Glossary: M
2008-04-30 14:30:00
Maintenance Fee A periodic assessment or charge that residents pay to their homeowner’s or condo association to pay for the maintenance and repairs of common areas. Market Conditions Factors that can affect the sale of homes in a certain area. Such factors include interest rates, the unemployment rate, home appreciation, weather, time of year, etc. Market Value The highest price ...SHARETHIS.addEntry({ title: "Real Estate Glossary : M", url: "http://montrealrealestateblog.com/real-e state-glossary-m/" });
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Buying a New Condo: The Pros and Cons
2008-04-29 15:00:00
You can buy a new condo from the developer before or during its construction and also before the condo corporation is formed. A developer may have some unsold units available after the condominium has been completed and registered. In some markets, the developer may wait to sell a large percentage of the units before registering the ...SHARETHIS.addEntry({ title: "Buying a New Condo : The Pros and Cons", url: "http://montrealrealestateblog.com/buying -a-new-condo-the-pros-and-cons/" });
More About: Advice , Agent , Tips

Today?s photo: Montreal Trust Building
2008-04-28 14:30:00
Photo: Johpor The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Images are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s photo: Condo Church in Little ItalyToday’s Image: Jacques-Cartier BridgePhoto of the Moment: Montreal by nightPhoto of the moment: Palais des CongrèsPicture ...SHARETHIS.addEntry({ title: "Today’s photo: Montreal Trust Building ", url: "http://montrealrealestateblog.com/todays -photo-montreal-trust-building/" });
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Hot Development: Le Amherst
2008-04-25 15:00:00
Don’t let the ugly angle and raggedy looks fool you. This little project is selling like hot cakes. Recently found by one of our readers who happened to pass by the area. As he explained: “it was like a flash appearance, one day the lot is empty and next thing you know..WHAM! the building is almost ...SHARETHIS.addEntry({ title: "Hot Development : Le Amherst", url: "http://montrealrealestateblog.com/le-amh erst/" });
More About: Construction

Today?s Image: Rue Durocher
2008-04-24 19:30:00
Photo: Deyanira Bautista The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Image s are licensed with Creative Commons 3.0 . If you would like to submit your photography, please join our flickr pool. Related ArticlesMontreal Cultural Properties Advantages & ObligationsSHARETHIS.addEntry({ title: "Today ’s Image: Rue Durocher", url: "http://montrealrealestateblog.com/todays -image-rue-durocher/" });
More About: Photography , Architecture

Real Estate Glossary: L
2008-04-24 18:00:00
Land Contract A legal contract or agreement for the sale of property where the buyer takes possession while making payments, but the seller holds the title until full payment is received. Land Title The legal document conveying title to a property. Land Titles System A system used for the registration of land. Under this system, the registrar or master of ...SHARETHIS.addEntry({ title: "Real Estate Glossary : L", url: "http://montrealrealestateblog.com/real-e state-glossary-l/" });
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Canadian Interest Rates Morning Recap
2008-04-24 13:26:00
Interest rates drop half a point - The Star.com “Bank of Canada governor Mark Carney has signalled the need for lower consumer borrowing costs and hinted further interest rate cuts may be required to shield Canada from a worse-than-expected slowdown in the United States. For the second time in eight weeks, the Bank of Canada slashed ...SHARETHIS.addEntry({ title: "Canadian Interest Rates Morning Recap ", url: "http://montrealrealestateblog.com/canadi an-interest-rates-morning-recap/" });
More About: Mortgages

Celebrity Condo: 333 Sherbrooke East.
2008-04-22 14:30:00
333 Sherbrooke St., East: a luxury condominium project designed to appeal to a clientele with an eye for quality and location. In the heart of Montreal ’s trendy Plateau neighbourhood, the development consists of 83 units in Phase I, 67 units in Phase II, and 30 townhouses linked to the property. The second phase of construction at ...SHARETHIS.addEntry({ title: "Celebrity Condo : 333 Sherbrooke East.", url: "http://montrealrealestateblog.com/333-sh erbrooke/" });
More About: Development , Construction

St Laurent Blvd: Under the knife again.
2008-04-21 13:48:00
Oh yes, once again Boulevard St. Laurent is going through major repairs. This time though, the city has put up a sign with the details of the work. Thanks, that helps a lot. Not having enough repairs done last year, the digging up started once again, this time it’s Gaz Métro turn. The city intends to ...SHARETHIS.addEntry({ title: "St Laurent Blvd: Under the knife again.", url: "http://montrealrealestateblog.com/st-lau rent-blvd-under-the-knife-again/" });
More About: Construction , Knife , Under the Knife

Today?s photo: Condo Church in Little Italy
2008-04-20 16:00:00
Photo: Deyanira Bautista The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Images are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s Image: Jacques-Cartier BridgePhoto of the Moment: Montreal by nightPhoto of the moment: Palais des CongrèsPicture of the moment: Place ...SHARETHIS.addEntry({ title: "Today’s photo: Condo Church in Little Italy ", url: "http://montrealrealestateblog.com/todays -photo-condo-church-in-little-italy/" });
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Sunday Morning Suggested Reading
2008-04-20 14:30:00
10 Questions to Ask a Seller?s Agent Before You Hire Them - Vancouver Reflections Is a 40-Year Mortgage Hazardous for your Financial Health? - Move Smartly Underground contractors can cost you everything - St. John’s Real Estate Blog How long should it take to sell? - Toronto Real Estate Intelligence Variable rate versus fixed rate mortgages, what is ...SHARETHIS.addEntry({ title: "Sunday Morning Suggested Reading ", url: "http://montrealrealestateblog.com/sunday -morning-suggested-reading/" });
More About: Articles , Link Building

News Roundup: Canadian Housing Market.
2008-04-19 17:06:00
Market Blog - Just bought a house? Don’t read this - Globe & Mail Market Blog. Homeless crisis grows while Canada prospers - The Vancouver Sun. ‘Cooling’ the watchword in Canadian real estate - CBC News .ca. Slide ends housing boom - National Post Has the housing boom gone bust? - Calgary Herald Low inflation gives Canada wiggle room on rates, ...SHARETHIS.addEntry({ title: "News Roundup : Canadian Housing Market.", url: "http://montrealrealestateblog.com/news-r oundup-canadian-housing-market/" });
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Construction Snooper: ETS Student Housing.
2008-04-16 18:29:00
When we saw the construction from this side of the building, the first thing that came to mind was “Yet another condo project.” But, as it turns out, it will be a new housing for the ETS students, located in the south-east corner of Rue Notre Dame and de la Montagne. According to the sign, ...SHARETHIS.addEntry({ title: "Construction Snooper : ETS Student Housing .", url: "http://montrealrealestateblog.com/ets-st udent-housing/" });

Real Estate Glossary: K
2008-04-16 14:00:00
Key Lot A property that must be acquired because it is essential to the development of land, either because of its strategic location or the timing of the acquisition. Kicker Any benefit to a lender above ordinary fixed-interest payments such as an equity position in a property or a percentage participation in the income stream. Related ArticlesReal Estate Glossary : ...SHARETHIS.addEntry({ title: "Real Estate Glossary: K", url: "http://montrealrealestateblog.com/real-e state-glossary-k/" });

Today?s Image: Jacques-Cartier Bridge
2008-04-15 15:30:00
Photo:Splendeur du Matin by  Pierre Éthier The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Image s are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesPhoto of the moment: Sun Life buildingToday ’s photo: Frosted StaircasesSHARETHIS.addEntry({ title: "Today’s Image: Jacques -Cartier Bridge ", url: "http://montrealrealestateblog.com/todays -image-jacques-cartier-bridge/" });

Condo Development Update: Le Crystal
2008-04-15 15:00:00
Wondering around the web, I came across this article which gives some information on the condo prices and the available units. “The crowning jewel of the Crystal De La Montagne is a 4530 square foot Penthouse on the 26th floor with breathtaking views of the city, the mountain and the river. It features three spacious bedrooms, ...SHARETHIS.addEntry({ title: "Condo Development Update: Le Crystal", url: "http://montrealrealestateblog.com/condo- development-update-le-crystal/" });
More About: Construction , Downtown

Featured Condo: Les Cours Cosmopolis Laval
2008-04-14 16:30:00
Where: 2100, avenue Terry Fox, Laval . Size: 2 buildings, 6 floors each , 160 units in total. How much: $229.500 starting price. Architect: (we just don’t know) Developer: Le Groupe Cholette The Scoop: Supposedly, this is one of the most talked about Condo complex in Laval. Why? well… apart from the awesome interior design, the architectural style (glass, metal ...SHARETHIS.addEntry({ title: "Featured Condo: Les Cours Cosmopolis Laval", url: "http://montrealrealestateblog.com/featur ed-project-laval-cosmopolis/" });

Renting in Québec: La Régie du logement
2008-04-14 13:00:00
What is the Régie du logement ? Translated literally, and in the vernacular, La Régie du logement du Québec is the Quebec Rental Board. Here is a little definition excerpt to illustrate what the significance of it is: “The Régie du logement is a specialized tribunal that has competence in residential lease matters. Its mission consists in ...SHARETHIS.addEntry({ title: "Renting in Québec: La Régie du logement", url: "http://montrealrealestateblog.com/what-i s-la-regie/" });

Photo of the Moment: Montreal by night
2008-04-11 13:32:00
Photography:Benoit Remillard Popular ArticlesReal Estate Glossary: ESunday afternoon link love: Canadian blogsMontreal ’s most expensive condo. Whoa!Reasons why you shouldn’t overprice your home.How to repossess your income propertyThe right of undivided co-owners to exclude a potential buyerSHARETHIS.addEntry({ title: "Photo of the Moment : Montreal by night", url: "http://montrealrealestateblog.com/photo- of-the-moment-montreal-by-night/" });
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Friday Morning links: Canadian Market News
2008-04-11 13:00:00
Housing markets on shaky ground. [ Report on Business Globe and Mail ]”Canada is in better shape than many other countries and home prices here aren’t expected to drop this year.But that doesn’t mean home owners should expect, or want, to see the big gains of past years.” Voices: 40-year mortgages [ The Star.com ] ”It should be against the ...SHARETHIS.addEntry({ title: "Friday Morning links: Canadian Market News ", url: "http://montrealrealestateblog.com/market -headlines/" });
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Real Estate Glossary: J
2008-04-09 14:00:00
Joint Credit Credit that is issued to two people based their credit reports and their combined assets and incomes. The repayment of joint credit is the responsibility of both parties. Joint Liability When two or more people are responsible for repaying a single debt. Joint Tenancy When two people (typically spouses) both own an undivided interest in ...SHARETHIS.addEntry({ title: "Real Estate Glossary : J", url: "http://montrealrealestateblog.com/real-e state-glossary-j/" });
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How to repossess your income property
2008-04-07 13:00:00
You found an income property you like. The place is perfect for you; great location, in fantastic condition. It’s fully rented with good paying tenants in long term leases. The revenues are good enough to cover all the expenses; including your own part of the mortgage….Because, after all, you are buying the place to move in. ...SHARETHIS.addEntry({ title: "How to repossess your income property", url: "http://montrealrealestateblog.com/reposs ess-income-property/" });
More About: Property , Income

Montreal?s most expensive condo. Whoa!
2008-04-07 07:00:00
As you already know, Montreal ’s first quarter market reports were released last week, and the average price of a condo is now $205,000, a 2% increase from last year. Well, a price like that won’t get you much in Montreal’s hottest spots. If the average price is 205k, what’s the most expensive apartment for sale at ...SHARETHIS.addEntry({ title: "Montreal’s most expensive condo. Whoa!", url: "http://montrealrealestateblog.com/montre al-most-expensive-condo/" });
More About: Real Estate , Gossip , Condo , Most Expensive

Royal LePage Housing Report: first quarter 2008.
2008-04-04 20:02:00
Canada?s real estate market stands on stable footing. On average, healthy year-over-year house price gains were recorded during the first three months of 2008. While more modest price increases were observed when compared to previous quarters, the solid appreciations noted in the first quarter are largely due to the shared effects of resilient local economies, ...SHARETHIS.addEntry({ title: "Royal LePage Housing Report : first quarter 2008.", url: "http://montrealrealestateblog.com/royal- lepage-housing-report-first-quarter-2008/ " });
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Morning Interest Rates Headlines
2008-04-03 14:00:00
Requirements loosened for rental investors [Montreal Gazette] No money down if lender satisfied. Tight market in some regions prompt CMHC changes. “Budding real-estate moguls will welcome the news that Canada Mortgage and Housing Corp. has relaxed the rules for would-be Donald Trumps to purchase investment properties with no money down.The changes apply to rental properties with ...SHARETHIS.addEntry({ title: "Morning Interest Rates Headlines ", url: "http://montrealrealestateblog.com/mornin g-interest-rates-headlines/" });
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Photo of the moment: Sun Life building
2008-04-02 14:00:00
Photography:Benoit Remillard Related ArticlesToday’s photo: Frosted StaircasesSHARETHIS.addEntry({ title: "Photo of the moment: Sun Life building", url: "http://montrealrealestateblog.com/photo- of-the-moment-sun-life-building/" });
More About: Photo , Building , Moment

Real Estate Glossary: I
2008-04-02 13:40:00
Illegal View (Quebec) Any exterior opening or opening in a structure or building that creates an illegal view of adjoining lands. Income Approach - Evaluation A step in the valuation process of an income property. The value is reached by estimating the annual income minus an allowance for vacancies and bad debts and then subtracting annual operating ...SHARETHIS.addEntry({ title: "Real Estate Glossary : I", url: "http://montrealrealestateblog.com/real-e state-glossary-i/" });
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Condo-Hotel Le Crystal is now open
2008-03-31 18:02:00
$80 million and three years later, the new and stylish Condo Hotel Le Crystal opens its doors for business. You know you’ve been waiting to hear about it. The building itself is quite impressive to look at, and we’re not so worried about it’s popularity; considering they are also the owners of the trendy Le Saint-Sulpice ...SHARETHIS.addEntry({ title: "Condo-Hotel Le Crystal is now open", url: "http://montrealrealestateblog.com/le-cry stal-now-open/" });
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Condo Market Forecast: Montreal and Quebec City.
2008-03-28 14:00:00
Condo markets in Montreal and Quebec City will post moderate price growth through 2012, offering solid opportunities for first-time homebuyers and feed the need for accessible, affordable housing in Quebec, according to new data released today by Genworth Financial Canada, a subsidiary of Genworth Financial, Inc. (NYSE:GNW). Genworth’s Winter 2008 Metropolitan Condominium Outlook reports that Montreal’s ...SHARETHIS.addEntry({ title: "Condo Market Forecast: Montreal and Quebec City.", url: "http://montrealrealestateblog.com/condo- market-forecast-genworth/" });
More About: Real Estate , Condo

Canadian Credit Crunch Headlines
2008-03-27 16:45:00
Credit crunch? What credit crunch? - [Financial Post] “There is no sign of a credit crunch in Canada — yet.Household credit is rising at an annual rate of well over 10% with both mortgage and consumer credit growing strongly while short-term business credit is expanding at close to 20-year highs, figures from the Bank of Canada ...SHARETHIS.addEntry({ title: "Canadian Credit Crunch Headlines ", url: "http://montrealrealestateblog.com/canadi an-credit-crunch-headlines/" });
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