Blog

The FCT blog aims to answer your industry questions, examine current market trends and provide key information on the value of our products and services.

The FCT blog does not represent a single author or opinion. Instead, it represents the collective voice and experience of FCT’s dedicated niche experts.

Who’s responsible if a previous homeowner didn’t close a building permit?

Aug 15th, 2019 | FCT

The short answer is: the new homeowner. But if the new homeowner has title insurance, they can get the cost of work required to close the permit covered, if the municipality forces…

What to expect from a home inspection

Aug 8th, 2019 | FCT

A home inspection is a common condition on the sale of a property. It gives new homeowners peace of mind to know that a professional has checked the house from top to…

Four things to consider when buying a commercial property

Aug 1st, 2019 | FCT

Buying a commercial property can be a great investment as these properties tend to yield better financial returns compared to residential properties. But there’s also more risk for the investors. A location…

What to look out for when viewing a potential home

Jul 25th, 2019 | FCT

When you’re shopping for your dream home, it’s an exciting, but challenging time. Between a fresh coat of paint and luxurious washrooms, it’s easy to get distracted by the aesthetics. But beware…

Coffee break with Jackie Chetcuti

Jul 18th, 2019 | FCT

Welcome to our first edition of the Coffee break series! Throughout the year, we’ll be chatting with people from different lines of business at FCT so you can learn more about who…

Common reasons for claim denials

Jul 11th, 2019 | FCT

At FCT, we often look for ways to cover your claims. However, title insurance has very specific coverages and the circumstances of a claim need to fit within the covered risks set…

What you need to know before buying a home

Jul 4th, 2019 | FCT

According to the Canadian Mortgage and Housing Corporation (CMHC)’s annual Mortgage Consumer Survey, more than 1/3 of home buyers felt concerns or uncertainty about buying a home, such as unforeseen costs, finding the…

How the mortgage rules are impacting Canadians

Jun 27th, 2019 | FCT

In the past two years the federal government has made big policy changes to the mortgage rules. This marks the seventh time that Canada has tightened mortgage rules in a decade. These…

Title insurance vs home insurance–what’s the difference?

Jun 20th, 2019 | FCT

While title insurance and home insurance are two distinct and varied types of insurance, many Canadian homeowners think they are one and the same. Unfortunately, if you don’t understand the difference between…

Refinancing your home? Here are five things you should consider

Jun 13th, 2019 | FCT

Refinancing is a way that many Canadians consolidate their debt to take advantage of lower interest rates and reduce the number of payments they make each month. Refinancing a mortgage allows homeowners…