There is no way for us to know how future historians will look back on these dramatic and tumultuous times we find ourselves living in. We should know, by now, that they won’t be kind.
Under the new rules, real estate professionals are now able to incorporate and be paid through Personal Real Estate Corporations (PRECs), like so many other professionals in our province.
My partner and I invested just under $1 million to purchase a beautiful ranch-style bungalow that we converted into long-term affordable "home share" housing for seniors in Peterborough, Ont.
There is an alarming trend that is quite rampant in the Toronto area. Buyers are submitting offers, often in multiple offer situations, and then not showing up with the deposit cheque.
The strength of the Canadian real estate market has continued to prove itself time and time again during the pandemic. So why all the fear mongering by Canada Mortgage and Housing Corp. (CMHC)?
Serve this very special mash alongside braised brisket or my oxtail ragout from the 1970s. (potato dumplings; cheese coins)
In this age of super-fast technology and the gadgets that make our real estate transactions work, I’m suggesting that we not totally lose sight of “old school” approaches every now and then.
In Kazakevich v. Sychev, the Ontario Superior Court of Justice affirmed when an Agreement of Purchase and Sale (APS) will be kept alive, preventing a buyer’s release from their contractual obligations.
Once upon a time, in a neighbourhood not so far far away, there lived two investors that chose differently. Who fared better? You be the judge.
I feel it's still prudent to advise your seller to put their best foot forward by preparing their property – and themselves – properly.