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18May
Five Brilliant Ways to Finish Your Basement
by Falconcrest HomesDesign & Decor

A finished basement is an investment worth making. Not only does it provide you with space to enhance your living quarters, but it also increases the value of your home. Here are five brilliant ways to finish your basement.

1.Create a Family Media Room

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10May
New Home Warranty: What is Covered, and What is Not
by Falconcrest HomesSavvy Buyer

When purchasing a new home, a “New Home Warranty” is an option that must be offered to the purchaser to help cover malfunctions or damage in the first few years of owning the home. Under the New Home Warranty Act in Ontario, there are legal specifications for what must  be covered. Here is a detailed explanation of what the warranty will cover, and what it will not.

About New Home Warranties

In Ontario, the majority of new homes are given new home warranties. The main company that manages these new home warranties is Tarion. This company is dedicated to serving the public interest by “promoting fairness and building confidence in the new home buying experience.” Tarion offers information on one, two, and seven year warranties, as well as ensuring that the laws for new builds are followed, so the consumer is protected. Under the New Home Warranties Act of Ontario, the builder is required to guarantee to the purchaser that the home has been built by officially registered professionals and is free from defects in construction, is suitable for living, and it is built in accordance with the regulations of the Ontario Building Code. Under these regulations, there are certain defects that are covered under a new home warranty,and some that are not.

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05May
Buying Real Estate as an Investment: Tips from the Experts
by Falconcrest HomesSavvy Buyer

Are you considering purchasing real estate as an investment opportunity? Maybe you have the bright idea of renting your new purchase as a way to earn extra money. If either of these sound like something you have been considering, there are a few things you need to keep in mind! Lucky for you, we caught up with Lou Grossi, Broker and Managing Partner at Intercity Realty and asked him for a few  tips on buying real estate as an investment.

The Most Important things to consider: There are many factors to keep in mind if you are buying real estate as an investment. According to Lou, the most important thing to keep in mind is the location. If the location is a high demand area, you will have a better chance at renting out your property for a higher rate. This means that your return will be greater, and will therefore make your investment more valuable.

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10Apr
Must Have Kitchen Upgrades for Your New Home
by Falconcrest HomesDesign & Decor

Are you bored of your same old, everyday kitchen? Maybe you are feeling like it is time for an upgrade. Lucky for you, we asked our interior designer, Anna Jilon about some of the current kitchen trends and upgrades that are popular today.

Kitchen upgrades for your new home

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24Feb
First time Home buyers! Read this before you start your home buying process
by Falconcrest HomesSavvy Buyer

Buying your first home is a major life achievement. Financial planning, along with deciding your needs and desires for a house are essential to ensuring the process of purchasing your first home goes smoothly. If your are considering purchasing your first house, read this before you start the home buying process.

What Type of Home and Neighborhood Best Fits Your Lifestyle

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17Feb
The New Home Construction Process Explained by Pat Galati of Falconcrest Homes
by Falconcrest HomesCommunities

Building a new home is thrilling. It can also be stressful. The more you understand the construction process, the more enjoyable the experience will be. Read on for Pat Galati’s, construction manager with Falconcrest Homes, explanation of the stages of new home construction.

The Stages of New Home Construction

New Home Construction Process

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24Aug
five kitchen upgrades for your new home that you should not skimp on
by Falconcrest HomesHome Improvement

Homeowners today expect a lot from their kitchens. The kitchen must function not just for preparing food but for paying bills, studying, gathering and entertaining.  In general, today’s kitchen is never too large or too extravagant. And, more importantly, realtors agree that if you invest in your kitchen, you will get your money back when it comes time to sell. See what Falconcrest Homes‘ in-house interior designer Anna Jilon recommends for five kitchen upgrades for your new home that you should not skimp on.

Kitchen upgrades for your new home

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11Aug
5 things to consider before choosing a mortgage
by Falconcrest HomesSavvy Buyer

Buying a new home is an exciting and wonderful time. But once the process starts, future homeowners quickly find out that a lot of hard work and planning must come first before the highly anticipated move-in date: saving for the downpayment, the exhausting process of finding the perfect home, and obtaining the best mortgage to fit your financial situation. Unfortunately, in the rush to move into their perfect new home, some future homeowners neglect to investigate the best options for a mortgage and instead take the first one that comes along. A mortgage, however, is a long-term commitment and should be entered into carefully. Otherwise, a homeowner could end up with the wrong loan and potential financial problems. Here are five things to consider before choosing a mortgage.

Obtain a Copy of Your Current Credit Report

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05Aug
9 Reasons to Choose a New Build Home vs. Resale
by Falconcrest HomesSavvy Buyer
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24Jul
First Time home buyers: 5 tips to help you save for a down payment
by Falconcrest HomesSavvy Buyer

Deciding to buy your first home is an exciting and fun time. But saving for your first downpayment, which is a one-time cash payment you provide at the closing and is typically 20 percent of the home’s cost, can be challenging and intimidating. However, with a little financial homework, time, and commitment the process of saving for your down payment will go smoothly. Below are five tips to help first-time home buyers save for a down payment.

1.Determine What You Can Afford and Plan a Budget for Saving for Your Down Payment

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