When you buy an old home, you must be aware of the possibility of mould behind the walls. If you are suspicious, have the proper tests done during the home inspection. It is not easy to sue a home inspector later if problems arise after closing.
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A wise philosopher once said: “I went bankrupt twice in my life; the first time when I lost a lawsuit, the second time when I won.” I couldn’t have said it better. In most cases, the only winners in lawsuits are the lawyers, who get paid, no matter whether they win or lose. Here are…
Read MoreToronto Real Estate Board President Paul Etherington announced that Greater Toronto REALTORS® reported 3,297 sales through the TorontoMLS system during the first 14 days of September 2014. This result represented an 8.3 per cent increase compared to the same period in 2013. Year-to-date sales through September 14, at 68,731, were up by 6.6 per cent compared to the same period in 2013.
Read MoreThere is a lot of confusion out there by buyers and real estate salespeople as to what insurance is required when buying a condominium. The mistake is thinking that the insurance policy for the building will always cover your situation. In most cases, the buyer will still have to pay for part of the damages, even if they have done nothing wrong.
Read MoreThe bankruptcy of a proposed condo development and the arrest of a prominent real estate lawyer last month left many buyers potentially out of deposits totalling millions of dollars. It shouldn’t have happened.
Read MoreThis week saw all the kiddies go back to school. I received many Facebook photo posts/updates of adorable children with their uniforms and backpacks set to tackle another year of academia. I love it! My own sons courageously walked into the school yard holding hands as big brother guided his younger sibling to the Senior Kindergarten play yard.
Read MoreFalling in love and buying a home together sounds great, but if problems arise, it becomes expensive to sort it all out. Here’s why…
Read MoreWhen you choose a real estate agent, it should not be about the price they will charge. It should be about how they will market your home, to attract the largest number of potential buyers. This can range from TV or radio programs that advertise your home or finding buyers in other unique ways.
Read MoreAs the summer winds down and back to school fast approaches it seems like the real estate market has almost skipped its lazy days of summer. The long drawn out winter seem to have pushed back the market. Early spring seemed slower than usual and summer seemed busier than usual.
Read MoreThe doom and gloom stories have started again about the Canadian real estate market. Here are some signs: Canadians debt to income ratio is at 160 per cent, which means $1.60 or debt for every $1 of income…
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