All Posts in Tag: Legal Corner

Falling in love and buying a home together sounds great, but if problems arise, it becomes expensive to sort it all out. Here’s why…

When 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.

The 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…

If you’re in the market for a house and know what other houses in the area are selling for, would that help you to make an offer? This question is at the heart of the lengthy proceedings between the Competition Bureau and the Toronto Real Estate Board (TREB).

Buying a house in the city or suburbs can be complicated enough, but buying a cottage or vacation property outside of town requires even more due diligence.

Now that summer has finally arrived, many home owners may think about building a backyard deck by themselves. Be careful; if it is not done correctly, you may run into problems later when you try and sell your home.

When Bill Verutis bought his home on Thompson Road East in Waterford, Ontario a few years ago, he received a unique gift from his real estate agent, Penny Plunkett. It was a history of the property going back to the original deed granted on behalf of King George III in 1802 to the first owner Paul Averill.

Most residential tenants are long term tenants who pay their rent on time and properly look after a landlord’s property. The trick is to do the proper research in advance so that you do not end up with the tenant from hell.

Buyers will typically sue sellers in Small Claims Court over problems that arise after closing when the amount in dispute is $25,000 or less. The main reason is that you can make the claim without a lawyer and the costs are relatively cheap. However, you are much better off using a lawyer or paralegal to represent you.

When you sign an agreement with a real estate brokerage to sell your home, you are responsible to pay commission if you make a deal with someone who was introduced to your home during the listing period. If you try and make a private deal to avoid paying commission, you are likely to get burned….