Is the house a good deal? Have you compared neighbourhood values? What will happen in that neighbourhood in the future? Who has arranged for your financing, appraisal, home inspection, home insurance. Yes yes Its all seems easy. Buyers need to grasp the concept of buyers agency and use...

You use a buyers agent Use the Buyers Agent to protect yourself http://www.youtube.com/watch?v=QccFPUOn844 The agent has the obligation to inform you of everything that may affect the future value of your purchase, going far beyong merely reading you or showing you the printed listing data.

There is an existing building in Mississauga at Rathburn and Confederation that has remaining units. There is a new sign on the frontof the building that promotes interest free mortgage for three years. Given that rates are as low as 3.6 on a five year term would the mortgage rate induce...

Future Pricing and demand I think that John is making a valid point. Many consumers [buyers] are completely unaware of the change in HST and introduction into law. This will add substancially to the price of a new home, both condo and detached.

Flipping Condos Stan Gelman Lawyer said beware; You may be liable for GST, If the second buyer does not close, they look again to you, Land Transfer Tax is payable on your purchase, Tarion Home warranty is payable, Will you sign the end user declaration for a GST Rebate for the Builder...

Buyers Agancy and the Buyers Registration System No they are not. Unless you access an agent portable for buyers to look at specific MLS number, or listings to get the address you will not comprehend the difference. Do properties still sell quickly? Yes Choice real estate at the right...

Park The letter I received said April 2010 Thats great !

Condo's Should invest in Solar If condos invested in solar they could be truly green energy and provide more than the residents / owners needs. (as a part of the initial renderings) Are there any solar green buildings in Toronto? I would love a chance to make money from Hydro instead of...

Changing Business The licence doesn't lay about; It still needs classes and licence fees or you need to "park" Parking is income by referral and no trading. There are other licencing fees to be paid. Was selling in 90- 95 and this cycle seems different.

Suing on a Buyers Agency Contract The agent will need to document and prove his claim. He will need to present evidence and you have the opportunity for rebuttal. Contact someone at RECO and provide details to them about the " intended lawsuit" They may very well recommend a course of...

Eliminating Mortgage You could also take out a (eg) $10,000 credit line. Pay the entire amount on/ to your mortgage. Use your monthly cash flow over the next year to repay (eliminate) the credit line and then repeat the process the next year. Using this method could shorten a mortgage...

Toronto's frosty Market The stats I cover are for the west end only January of Last year saw 7000 listings with 1700 sold units - a ratio of almost one in four. January of this year had 7700 (not the skyrocketting listing increase we heard about) with 1000 sale a difference of one in...

Wind farm would be another ugly mistake Urban Compass by April Lindgren Toronto is unique in its diversity, abundant in talent and full of people who care about the quality of urban life. But even ardent fans admit the city is a bit of an Ugly Betty and unlikely to win any beauty contests...

ilofts or California Whatever the choice, Its an excellant location for transport to either downtown toronto or into Mississsauga. The traffic is congested at rush hour in both directions. I would dearly like to see a LRT along the lakeshore that ran straight to Union Station

Dec 11th, 2008 by Michael Shapcott Canada Mortgage and Housing Corporation has confirmed this morning what Canada’s 3.9 million renter households already know: Private rental housing has slipped into a much deeper crisis. The national rental vacancy rate has dropped by a staggering 15% over...

Occupancy V Registration The contract is clear; Occupancy occurs when your unit is given (approval) for an occupancy permit. Maybe your unit is ready on the 11 floor but no one is ready on the 20th. The building itself may not be complete or the rec center or other facilities. You are...

Phantom Rents Near the end of the article; "A larger down payment tendered in increments before closing will reduce the unpaid balance and the interest charged as part of phantom rent. An all-cash sale will do away with that element of phantom rent entirely." A Prudent Buyer would not hand...

Shortening mortgage Period apart from the previously made pointers about 15% prepayment per year and the biweekly payment option; there is also a simple acceleration of amortization each anniversary date. ie> when you take 40 at year 39 shorten it to 38, The payment is adjusted slightly but...

An investor with a number of units under contract for construction in Toronto has received correspondence that the building may not complete construction based on economic unviability. Interesting clause to use on the part of the builder to put Buyers on Notice that they may be receiving...

2175 Lake Shore Proposal..." Parts 1-3 are in the ownership of South Beach (Lakeshore) Developments and Part 4 is owned by the TRCA, granting subsurface rights of Part 4 to South Beach." Does this imply as I read it that the parkland ( open space will remain subject to an underground...