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Escape 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 ...
Continue ReadingYear-Round Home Maintenance Checklist
Don't be caught off-guard! Maintaining your home is much easier than paying for big repairs. Look through this home maintenance checklist to make sure you're staying on top of properly caring for your home. 1 of 21 Install / Replace Smoke Detectors Going without smoke detectors on every floor of your house is ...
Continue Reading10 Ways to Make Your Home More Energy-Efficient
1-Conduct an energy audit. If you're serious about improving your home's efficiency, start with an energy audit by an NRCan certified advisor - you can search for an advisor in your area at nrcan.gc.ca. You'll get a list of recommended upgrades to help you plan, and you may qualify to receive ...
Continue ReadingKnowing When to Walk Away: 5 Instances to Decline a Listing
This one is for agents.... Published by Kartik Subramaniam, founder, Adhi Schools Introduction: In the competitive world of real estate – sometimes, it's in their best interest to walk away from a potential deal. Aspiring agents are often eager to take on any listing, assuming it's a stepping stone to success. In this article, I ...
Continue ReadingThe Rights Of Sellers And Buyers Of Commercial Buildings In Ontario
For most individuals, investing in commercial properties in Ontario can be lucrative. After all, the province boasts a thriving economy, diverse industries, and a vibrant community. This makes investing there a great opportunity for those who wish to diversify their investment portfolio and grow their business operations. That being said, purchasing ...
Continue ReadingThe Seven Deadly Sins of CRE Investment
Buying a CRE asset above its value or at a low cap rate is rarely a route to a successful transaction. Most of you have heard about the Seven Deadly Sins that include; pride, envy, gluttony, lust, anger, greed and sloth. There are also Seven Deadly Sins of commercial real estate ...
Continue ReadingClear Signs of a Bad Real Estate Agent
Don’t brush off these telltale signs of a bad real estate agent Did you choose your real estate agent based on a friend-of-a-friend’s referral, a quick Google search, or even a flyer in a mailbox? Is your gut telling you it isn’t the right fit, but you’re not sure if it’s ...
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