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Real Estate

A hallway's exit sign that illustrates a home buyer's decision to break out of a real estate deal

Real Estate

What happens when a buyer backs out of a real estate deal?

Signing a purchase agreement and then failing to close can have serious financial consequences—and courts don’t take it lightly....

What happens when a buyer backs out of a real estate deal?
A pipe drips slowly, illustrating the need for home insurance that covers water damage

Insurance

“I discovered water damage in my home. Will insurance cover me?”

Not all water-related claims are handled the same way. These are the variables that come into play when home...

“I discovered water damage in my home. Will insurance cover me?”
A couple are looking at a photo book, as they clear up the home of a family member. They're also at the stage of wondering the next steps, including who will pay for the mortgage

Estate Planning

Is the family responsible to pay the mortgage for a loved one who has passed away?

When a home owner dies with money owing on the property, the type of ownership determines who is accountable...

Is the family responsible to pay the mortgage for a loved one who has passed away?
A woman sitting at her laptop gazes upward, deep in thought.

Ask a Planner

How capital gains tax on property is divided in a divorce

When a couple separates, how does owning, transferring and dividing multiple properties affect capital gains?

How capital gains tax on property is divided in a divorce

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An interior view of an apartment, nicely decorated with plants, a throw pillow and other decor

Renting

Decorating with stuff you already own

Elias Blunden-Stone of The Room Editor shares the pitfalls of redecorating from scratch and the best ways to restore a...

Decorating with stuff you already own
To show family co-ownership of a house, a mother and her adult daughter are cooking together in their kitchen

Ask MoneySense

Co-ownership: Are there any tax implications if you sell part of your house to a relative?

A finance expert addresses capital gains taxes, possible tax credits, and other factors related to co-ownership of a home.

Co-ownership: Are there any tax implications if you sell part of your house to a relative?
A man doing acrobatics to symbolize the balance needed to calm inflation and a recession.

Investing

Making sense of the markets this week: August 7

Do earnings matter in 2022? Will Canada follow the U.S. into a recession? Plus other fascinating market fodder.

Making sense of the markets this week: August 7
A dog stands in the middle of a neighbourhood road at sunrise

Real Estate

Why now might be a good time to be a first-time home buyer in Alberta

Alberta is an attractive place to buy a first home. We look at what first-time buyers can expect in...

Why now might be a good time to be a first-time home buyer in Alberta

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Rows of perfectly arranged Monopoly houses

Mortgages

5 surprises to avoid when switching mortgages before your term ends

Switching your mortgage can save you money—but be careful not to pick an offer that reduces that benefit by...

5 surprises to avoid when switching mortgages before your term ends

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