Article courtesy of MCAP. Summer holidays can be a reflective time – a time to look at the bigger picture and think about long term objectives and realities. We all work hard. We all deserve a comfortable and fulfilling retirement. More and more Canadians are coming to terms with the prospect of retiring with debt… Continue reading Retiring With Debt: The New Reality?
Restricted
Last summer, when we started up this blog, I wrote a post about title searching. I was thinking about this yesterday after I saw a client buying a property in the area that had a restrictive covenant on it. A restrictive covenant is a requirement that you either do or not do something with your… Continue reading Restricted
Enjoy the Canada Day Long Weekend!
From all of us at BarrieRealEstateTalk, enjoy your Canada Day long weekend! 🙂 TimTim is a mortgage agent in Barrie who specializes in helping first-time home buyers. He works with a variety of lenders and can help customize a mortgage with the best rates & options that fit the needs of each customer.More Posts -… Continue reading Enjoy the Canada Day Long Weekend!
Chattels and fixtures and lawyers, oh my!
We got an interesting call at the office yesterday: my partner’s client arrived at his new home to find that the vendors had taken the furnace with them. When my partner called the seller’s lawyer to ask for an explanation, he explained that the furnace was a chattel, was not included in the agreement, and… Continue reading Chattels and fixtures and lawyers, oh my!
A Review of “The New Mortgage Rules”
As you’ve probably heard, there were a plethora of changes directed at the mortgage industry last week by Finance Minster Jim Flaherty along with the OSFI (Office of the Superintendent of the Financial Institutions of Canada). This is the 4th time since the credit crisis in 2007 that the Department of Finance has clamped down… Continue reading A Review of “The New Mortgage Rules”