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Should You Buy a Home that Needs Work?
Imagine you find a home on the market that checks all the boxes. There’s only one issue. It needs work. Perhaps the paint has faded, or the kitchen is old, or there are repairs needed. Should you make an offer on that home? That depends on many factors, of course. The first ...
Continue ReadingPlans to Make before Closing Day
When you sell your property and buy your next dream home, closing day can come faster than you might imagine. Before you know it, it’s just weeks away! So it’s important to make the proper plans to ensure everything goes smoothly. Here are the most common plans you’ll need to make: Contact ...
Continue ReadingCCHR – Help Stop Discrimination in Housing
The Canadian Centre for Housing Rights (CCHR) is Canada’s leading non-profit organization working to advance the right to housing. For the first 35 years of our existence – from 1987 until 2022 – CCHR was called the Centre for Equality Rights in Accommodation (CERA). The Canadian Centre for Housing Rights is ...
Continue ReadingKitchen Improvements for under $100
Is it really possible to improve your kitchen’s look for about the cost of a takeout gourmet dinner with the family? Obviously you’re not going to be able to do anything major, such as replace the cabinets within that budget. But, there are many surprisingly low-budget ways to spruce up the ...
Continue Reading5 Easy-to-Forget Things to Do
When you have a buyer coming to view your property, you want to make the best impression possible. So, you do the usual things. You clean, tidy and declutter. However, some details are easy to forget. For example: Is there a mat by the front door for shoes, umbrellas, etc.?Did you air ...
Continue ReadingCommission Rebates To Clients and Customers
Under the Real Estate and Business Brokers Act, 2002 (REBBA 2002), REALTORS® cannot provide any form of compensation to an unregistered third-party for activities that would be considered to be in furtherance of a trade. This restriction is explained in the Registrar’s Bulletin entitled Referral fees. However, a rebate or ...
Continue ReadingEscape Clauses : Taking New Offers After Selling Conditionally
Can a home seller consider other bids after accepting a conditional offer? The short answer is yes, but you have to be cautious. A seller can consider additional offers even after signing a conditional offer. This is because the sale is not final and binding on both parties until all the conditions ...
Continue ReadingWhat Do I Need to Know About Putting in an Offer on an Estate Sale?
While buying a home through an estate sale can be like purchasing any other resale property in many ways, there are a few key differences that are important to know. When you come across a property listed for sale, the homeowner is usually the seller. However, if the homeowner has died, ...
Continue ReadingAn Example of the Sales Process of Selling a Business
There are various approaches to selling a business and the following will provide one framework that is typical. The purpose is to help potential sellers understand the process and to assist in the questions you may have as they begin to think about selling their business. Step 1. Preparation Prepare an Introduction ...
Continue ReadingSole Discretion Clauses are NOT “get out of jail free cards”
We are hearing that during this period of interest rate hikes more than one buyer has put an offer in on a property, conditional on financing and/or inspection, and when it came time to waive it they failed to do so. This is even though there was no legitimate reason ...
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