Real estate transactions rarely involve only a buyer, seller and REALTOR®. Depending on the property and transaction, clients may also need lawyers, mortgage professionals, home inspectors, appraisers, contractors, surveyors, environmental consultants, movers, staging professionals and other specialists. It is therefore perfectly normal for clients to ask their real estate representative ...
Continue ReadingAn accepted Agreement of Purchase and Sale is an important milestone in a real estate transaction, but it does not necessarily guarantee that the transaction will ultimately close. Between acceptance and completion, buyers and sellers may still need to satisfy conditions, arrange financing, complete investigations, resolve title matters, meet contractual ...
Continue ReadingThe 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 ...
Continue ReadingWhen working with a REALTOR® in Ontario, one of the most important things to understand is who represents your interests and what that representation means in practical terms. Buyers and sellers often begin working with a real estate professional because they need help finding a property, marketing a home, negotiating ...
Continue ReadingTenants today have access to more property information than ever before. Online listing platforms make it possible to search apartments, houses, office space, retail units, industrial buildings and other rental properties without ever speaking with a real estate professional. For that reason, tenants reasonably ask whether they actually need a ...
Continue ReadingUnderstanding 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 ...
Continue ReadingReal estate consumers have access to more information than ever before. Buyers can search listings online, sellers can review comparable properties, and both can find market commentary, neighbourhood information and transaction advice within seconds. That access is valuable, but access to information is not the same as professional representation. A ...
Continue ReadingOne of the most common questions landlords ask is: “Do I really need a REALTOR® to lease my property?” The short answer is no. Many landlords successfully lease their own properties every year. The better question, however, is not whether professional representation is required. It is whether the time, responsibilities, ...
Continue ReadingBuying real estate is usually associated with opportunity rather than litigation. Whether someone is purchasing a first home, adding an investment property or acquiring a commercial or industrial facility, the focus is naturally on finding the right property, negotiating acceptable terms and completing the transaction successfully. Fortunately, the overwhelming majority ...
Continue ReadingThe Objective Of Money Laundering When you buy an asset, whether a home or an investment property, you try to get the best value for your time and money. You want a deal. The seller is trying to extract the maximum price they can get from you, without driving you ...
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