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Contracts and Clauses You May See in Real Estate Transactions
Buying or selling a home can be a complex and high-stakes process. As such, certain procedures and legal documentation exist to protect all parties involved while ensuring everyone is on the same page throughout the process. Melissa Douglas—owner of Douglas Law Firm based in Bradford, Barrie, and Vaughan, Ontario, a practice ...
Continue ReadingTypical Conditions You’ll Encounter During a Home Sale
For most people, buying a home will likely be the most significant investment of their lives. With the emotional and financial aspects tied to purchasing and/or selling a home, it’s important to complete all due diligence to ensure your investment is protected. This article will explore what conditions are, typical conditions ...
Continue ReadingBuying an Older House? Here’s What Unexpected Repairs Might Cost You
You found your dream century home and your conditional offer has been accepted. But after receiving your home inspector’s report, it turns out your charming Victorian cottage needs more than a fresh coat of paint. Photo by Nolan Issac on Unsplash While this doesn’t mean you need to back out of the deal, it’s important to know you can ...
Continue ReadingFailed Agreements of Purchase and Sale
An Agreement of Purchase and Sale (“Agreement”) may not be completed for a number of reasons, including unsatisfied conditions relating to matters such as financing, rezoning approval, a home inspection or the sale of a buyer’s current home. This failure to satisfy a condition may raise an issue about the ...
Continue ReadingProtecting Tenants and Strengthening Community Housing Act, 2020
The Protecting Tenants and Strengthening Community Housing Act, 2020 amends the Residential Tenancies Act, 2006, the Housing Services Act, 2011, the Building Code Act, 1992 and repeals the Ontario Mortgage and Housing Corporation Act. Originally posted on July 22, 2020 The changes to the Residential Tenancies Act, 2006 (RTA) strengthen protections for tenants ...
Continue Reading29 Tips to Keep Your Dog Safe and Healthy This Summer
You know not to leave him in the car while you run to the bank — but do you know how to quickly check for dehydration? Courtesy of Juliana Labianca Updated: Jun. 08, 2020 1 / 29 NAZAR-SKLADANYI/SHUTTERSTOCK Remember this Hydration Test To quickly test your dog’s hydration, pull up the skin around his or her neck. “It ...
Continue ReadingThe Delayed Offer Presentation Process
Understanding the delayed offer presentation process Delayed negotiations, used appropriately, can be a powerful tool when it comes to selling a home. Done right, this tool is a plus for buyers too. So how do you know if delayed negotiations are right for you? First, talk to your real estate agent. It’s not ...
Continue Reading6 Things Stagers Will Definitely Want to Change in Your House Before You List It—So Be Prepared!
We’re pretty attached to our stuff, aren’t we? Family photos, knick-knacks, and artwork—they reflect our personalities and styles. However, those might be a problem if you’re showing your home to potential buyers. They want to imagine themselves living in a beautiful, clean space, and that means properly staging a house for ...
Continue ReadingProtect Yourself – Cybercrime Threats Exposed
Welcome to The Dark Side Series™ – Cybercrime Threats Exposed Our Real Estate Guy would like to thank the Winnipeg Regional Real Estate Board who is vested in ensuring that their Members receive professional development that enhances their knowledge and understanding on matters of importance. They have shared these with me ...
Continue Reading13 Grilling Mistakes That Could Make You Sick
Summer doesn't officially start until your first barbecue. Keep everyone safe and healthy with these grilling guidelines. Keep Grilling Season Fun and Healthy Grilling is one of Canada’s favorite pastimes, with more than 70 percent of Canadians owning a grill or a smoker. As beloved as a summer cookout may be, it ...
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