What to do when the appraisal comes in too low and you can’t close: 6 crucial lessons for buyers and agents
Because of changing market conditions, buyers who may have been pre-approved for purchase may find out later that, as a result of a low appraisal done before closing, their mortgage loan amount has either been reduced or cancelled and they may not be able to close...
FINTRAC: 5 things to remember in 2022
The FINTRAC updates announced on June 1, 2021 must be complied with by real estate agents and brokerages across Canada starting on April 1, 2022. Here are answers to five of the most frequently asked questions I receive when conducting FINTRAC updates for brokerages...
Ontario’s new residential tenancies bill isn’t really that bad
The Ontario Government recently announced that The Protecting Tenants and Strengthening Community Housing Act (Bill 184) affecting residential tenancies is now law. The emergency stay of eviction proceedings expired for the most part on July 31. Based on the reaction...
