by MarkWeisleder | Mar 30, 2017 | Advice for Agents, Featured, Legal Issues
As a result of bidding wars for condominiums, buyers are being asked to review a condominium status certificate in advance in order to submit an offer without conditions. Here are some items I look at and questions I ask when reviewing a status certificate in advance...
by MarkWeisleder | Feb 6, 2017 | Advice for Agents, Featured, Legal Issues
We have already witnessed the federal government targeting the real estate industry when it comes to money laundering and Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) compliance. Large fines have been levied against brokerage firms that have...
by MarkWeisleder | Jan 17, 2017 | Advice for Agents, Columnists, Featured, Legal Issues
Time deadlines in real estate deals have never been more important than today. I experienced two deals just before the holidays that confirmed what happens or can happen when you miss a deadline. In the first case, the buyers signed a deal with a builder several years...
by MarkWeisleder | Nov 18, 2016 | Featured, Legal Issues
End of year usually means gathering up all of your receipts and making sure you take all of your permitted tax deductions. If you or your clients have purchased a new home or condominium in the past two years, you may have an HST rebate coming to you. Here’s why: If...
by MarkWeisleder | Oct 19, 2016 | Featured, Legal Issues
Now that we have new mortgage rules, it is more important than ever before to include the financing condition in any offer or be otherwise prepared for the consequences. Pre-approvals are no guarantee your buyer will obtain financing. Too many buyers are cavalier...
