Rine .Ca's blog
Buying a pre-construction condominium in the GTA is a little different than purchasing a re-sale unit. There are a few more steps involved, including two different closing stages, known as the Interim Occupancy phase and the Final Closing phase. This can seem a little confusing to some buyers, so we’re here to help shed some light on how both phases work.
What is an Assignment Sale?
Simply put, it's the sale - or an "assignment" is the sale of a contract to purchase a pre-construction condominium suite. It usually means that the building has not been registered yet, so no one can take ownership of the unit itself. Only the contract can be sold.
Today’s hottest real estate trend is buying a condo during its Pre-Construction phase.
You may ask yourself, “Should I buy a pre-construction condo ?” For individuals considering this type of investment, there are a few things to know before signing on the dotted line.
Real estate especially residential real estate make a great investment one that provides excellent returns on income and can provide continuous income year after year. There are a number of ways to get into investing in real estate but preconstruction real estate is one of the fastest growing with some of the fastest and highest returns.
OINP Entrepreneur Stream
The Ontario Immigrant Nominee Program (OINP) Entrepreneur Stream is designed to attract individuals who are looking to implement a new business initiative or buy an existing business in Ontario.
Updated criteria for the Entrepreneur Stream came into effect on July 8, 2019.
As a result, registrants with an Expression of Interest for the Entrepreneur Stream who had not been invited to apply as of July 8, 2019, will need to register a new Expression of Interest.
You can be in charge of a profitable business when you own a gas station. As with any opportunity like this, there are several different factors that must be considered before you decide to start one or purchase an existing company. When this business is well-run, it can generate a healthy profit that benefits your bottom line.
The food industry is exciting, romantic and an industry that many business owners and entrepreneurs want to get involved in. This is totally understandable – who can resist all that deliciousness?
Before taking the leap and buying a food-based business there are 5 things you should consider:
Buying a business is an exciting process filled with important, timely decisions and comprehensive evaluations of your options. Our expert team has helped many people move through our step-by-step buying process with ease. We know the market, the third-party professionals, and all of the steps you need to get the right business for you.
At Rine.ca, we pride ourselves on our integrity and honest approach to business. As your partner, we promise to keep it simple.
Here is what we promise to avoid during the business-buying process:
We get a lot of questions from our clients about buying a business, the process, the terminology, and much more. We thought we’d shed some light on these questions with answers to some of our most frequently asked questions.
If you’re like most home buyers, you’ll need a mortgage to finance the purchase of a new house. To qualify, you must have a good credit score and cash for a down payment. Without these, the traditional route to homeownership may not be an option.