EProperties.com is backed by the International Consortium of Real Estate Associations (ICREA) eProperties.com is an organization that assists consumers in locating properties outside their own country and assists in locating a qualified real estate professional. The major obstacle in purchasing foreign real estate is the uncertainty of the process in their country of interest, but with the WorldProperties.com as well as ICREA's combined online resources you will be able to prepare for the differences from the practice in your home country.

The Nova Scotia Real Estate Commission (NSERC) which was created under provincial an independent as well as non government real estate agent that is responsible for the regulation of the real estate industry here in Nova Scotia, the agency will help you handle all the ins and outs of buying property in Nova Scotia, the process can be tricky, but these agencies will assure buying a property in Nova Scotia will be very rewarding.

All Canadian real estate sales are handled by a notary, with a separate notary for the Buyer and Seller reviewing all of the paperwork to make sure that their client's side is handled according to law, you'll notice I did not say handled well, the notary's job is purely to say yes this is legal or no it is not. It is in your best interest to hire an advocate, or lawyer, who specializes in real estate, he will not only protect the legality of the transaction but can advice you on what your best decisions might be. Your lawyer can also be a great benefit if trouble arises, while trouble is unlikely, it is always best to be prepared with some knowledge on the Canadian judicial system.

Be prepared for a similar application process to the U.S.A, Canadian banks have the same goal in mind as the banks in US want to see that you are going to be able to pay back the amount borrowed. You would need your passport, Proof of income, bank statements for the past three months and statements for other mortgages or loans that you have and copies of any rental contracts you're currently in, if you want an interest only mortgage, the bank will ask for an assets statement.

More and more people find themselves wanting to own a holiday property, those in the position to purchase one can do so with the knowledge that insurance companies are able to provide adequate overseas buildings and contents insurance, as well as liability coverage. As you begin to consider the insurance needs of your holiday property in Nova Scotia, there are a few questions you will need to ask yourself, will you be using your home exclusively or will you be renting it out to travellers while you are not using it. If you plan to be the only one using your Nova Scotia holiday property you can choose to only carry overseas buildings and contents insurance, if people other than yourself will be staying in your home you will need to add liability coverage as well.