Do resale due diligence to avoid nasty utility bill surprises
A recent CTV News story reported on the stunned buyer, who received a demand for $38,000 outstanding on the old owner’s tab, four months after completing a deal to buy…
Blended families add complexity to estate planning
Relationship dynamics in even the most conventional of nuclear families can make estate planning tricky, but blended families take the complexity to another level.
Don’t forget your digital assets when drafting a will
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Trust is key when picking POAs
Trust should be top of mind when drafting powers of attorney.Under Ontario’s Substitute Decisions Act, attorneys for property are granted authority over the grantor’s property, including their finances and bank…
Toronto cracks down on Airbnb
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Cooling-off period for new condo purchases can reduce sting of closing adjustments
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Aborted real estate deals can cost buyers
Backing out of a real estate deal is a risky business for prospective homebuyers, especially in a volatile market. Real estate brokerage Zoocasa recently predicted a return to good times…
Don’t rush into property co-ownership
Think long and hard before partnering up with a friend to buy a house.In a real estate market as crazy as the Toronto’s – the average price of a house…
Always review a current status certificate before buying a condo
Buying a condo is not the same as buying a house. With a condo, there are a few extra details you should check before signing the deal. A crucial one…
Buying a house with a tenant? Here’s what you need to know
For many homeowners, renting out the basement or other areas of their home is an attractive idea. After all, having a tenant helps cover mortgage costs, making the purchase easier…
