Don’t Touch That Mortgage Renewal!

The Spring of 2007 saw many Canadians hop into home ownership (and therefore mortgages) for the first time.  The dollar was strong, the economy chugging along nicely, employment was high, and mortgage rates were relatively low.  It’s now 5 years later, and time to renew that mortgage. Regardless of whether or not times are tougher… Continue reading Don’t Touch That Mortgage Renewal!

April Showers Love on Barrie’s Real Estate Market

April in Barrie and the area has been another blockbuster month for the real estate market. We’ve broken the record in Barrie for 2012 with a stellar 271 sold residential properties. The average selling price is up once again at $301,390 which is a 6.25% increase from this time last year. The average days on… Continue reading April Showers Love on Barrie’s Real Estate Market

Subject to lawyer’s approval

Mark Weisleder wrote this article for Moneyville a while back on several recent issues with the “subject to lawyer’s approval” clause found in many real estate deals. He discussed two cases in particular, one where the deal was successfully cancelled because of a lawyer review and one where the sellers were found to have acted… Continue reading Subject to lawyer’s approval