by MarkWeisleder | Aug 9, 2017 | Advice for Agents, Featured, Legal Issues
Here are five key lessons for salespeople to remember when things go wrong in a real estate deal. 1. Be careful if anyone tries to blame you for what has happened. It goes without saying that when problems arise, it is easy for buyers or sellers to try to blame the...
by MarkWeisleder | Jul 12, 2017 | Columnists, Featured, Legal Issues
“I will pay $5,000 more than the highest offer received.” This is what is known as an escalation clause and it has been developed to give a person in a bidding war an advantage over the other bidders. It usually will also include a “cap” such that the maximum price to...
by MarkWeisleder | Jun 8, 2017 | Advice for Agents, Featured, Legal Issues
I am now being consulted by buyers who have purchased homes without any conditions and cannot sell their existing homes. This could be because of the recent government housing policy announcements, increased number of listings, uncertain lending conditions and fewer...
by MarkWeisleder | May 18, 2017 | Featured, Legal Issues
Ontario recently announced the 15 per cent Non-Resident Speculation Tax and there are already more questions than answers. In this short video, lawyer Mark Weisleder tells you what you need to know about the new tax. MarkWeislederMark Weisleder is a senior partner,...
by MarkWeisleder | Apr 19, 2017 | Columnists, Featured, Legal Issues
A major issue arising in bidding wars is when a buyer regrets their purchase decision almost immediately afterwards. Or worse, when their lender appraisal says that they paid too much and will not lend the buyer enough to close the deal. Here are five lessons to learn...
