With historically high Real Estate prices, innovative companies are creating new solutions that have the potential to change how we think about home ownership and even Real Estate investing. With these emerging models, it is critically important to understand what their terms and conditions are and what it means for your rights. In this blog,… Continue reading Investing in Fractional Ownership
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Closing in a shifting market
As the Real Estate tides shift in the Canadian Real Estate market, you may be one of many homebuyers finding yourself in a stressful situation as you look to navigate your closing in a shifting market. If you purchased a home earlier this year or are closing on a pre-construction property over the next few… Continue reading Closing in a shifting market
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Statements for Payouts – Why are you being asked for them and what you need to know.
What are Statements for Payouts? If you are refinancing your mortgage to pay out several debts such as credit cards, car loans, etc., you may be required to provide a recent (within the past week or two) statement for each debt to be paid out that shows the following information: Your outstanding balance The account… Continue reading Statements for Payouts – Why are you being asked for them and what you need to know.
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What exactly is broom swept condition?
When taking possession of a new home, what does broom swept condition actually mean?
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Five tips for a quick closing to your mortgage refinance
Five tips to accelerate the closing of your mortgage refinance
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What is a trust agreement in Real Estate?
In most cases, the beneficial and legal owners of a property are one and the same, but they can be separate individuals through a “trust agreement”. Simply put, a trust agreement is a legal tool to separate the legal and beneficial owners of the property. What are “legal owners”? The legal owners are the persons… Continue reading What is a trust agreement in Real Estate?
