Many more people these days have alarm systems. These systems, like a hot water heater, are often rentals that are to be assumed by the buyer of the home. Be careful, however: sometimes they have particular rules about assumption, and sometimes the buyer will not want to assume them. When in doubt, spell it out… Continue reading Alarming
Month: November 2012
The CAAMP 2012 Mortgage Forum
Right now in Vancouver, BC, the annual CAAMP (Canadian Association of Accredited Mortgage Professionals) mortgage forum is taking place. It’s the annual “big event” in the Canadian mortgage industry where mortgage brokers, lenders and everyone involved in the Canadian mortgage industry get together to connect with each other and “talk shop.” If you’re so inclined,… Continue reading The CAAMP 2012 Mortgage Forum
Getting credit
If you are a first-time buyer, you are eligible for tax credits for costs associated with buying your first home. Items like legal fees, land transfer tax, and other costs associated with buying your home are open for a claim on your income taxes the following year. Keep those receipts! CesiaCesia is a real estate… Continue reading Getting credit
CAAMP Releases Annual Consumer Survey Report
Today, CAAMP released its fall consumer report, Annual State of the Residential Mortgage Market in Canada. The report indicates that the majority of Canadian homeowners are still comfortable with their mortgage debt levels; however, it also identifies weaknesses in the mortgage market that could affect Canada’s economic recovery. Here are some of the significant/interesting stats… Continue reading CAAMP Releases Annual Consumer Survey Report
Monitoring abusive condo owners
Back in August, a decision was released on York Condominium Corporation No. 137 v. Hayes, which involved a condo owner who was verbally and physically abusive to other residents in the building. The condo board was attempting to have Hayes removed, and had applied to the court to have her forced to sell her unit… Continue reading Monitoring abusive condo owners