18 Dec 2020
By RESCO Realty

First-Time Condo Buyer? What to Expect from Your New Homeowners Association

Home Buyer Tips, ,
Every owner of condominium property automatically becomes a member of a homeowners association, otherwise referred to a "HOA" throughout the United States or a "Strata" in Canada. With that membership come certain rights and responsibilities. The primary right that the owner has is to vote at HOA meetings and elect board members. Responsibilities include payment of condo fees and assessments, compliance with association by-laws and rules, and maintaining a condo unit in conformity with those by-laws and rules. Let's take a quick look at various other terms you may hear about from your new HOA. Declaration of Condominium and By-Laws…
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11 Dec 2020
By RESCO Realty

Looking for Luxury? How to Upsize Your Next Home Without Upsizing Your Costs

Home Buyer Tips, ,
Size matters when you are buying a new home. Whether you plan to expand your family, need more room for your stuff, or are concerned with resale value, you want to get the most space for your money. Also, if you want to add a feel of luxury to your home, one of the best ways to do it is to create open spaces rather than cramming all your furniture in rooms so tiny you can barely walk around without knocking something over. Traditionally speaking, the larger a home is, the more it costs. If there are two newly built…
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20 Nov 2020
By RESCO Realty

First Time Buyers: Understanding How Property Taxes Work and What You Can Expect to Pay

Home Buyer Tips, ,
Are you about to buy a house or condo for the first time? Congratulations! Owning your own piece of real estate is a liberating experience and one that will provide you with the foundation to build your personal wealth and equity. Once you own your own home you'll be responsible for a variety of new costs, including property taxes which are assessed by your local government to pay for municipal services. In this blog post we'll share how property taxes work and what you can expect to pay when you buy your new home. It All Begins with a Local…
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