If you’ve had a mortgage for more than one term, you’ve more-than-likely received a renewal notice from your bank or current lender. Obviously, the lender that currently has your mortgage (assuming you’ve made all the payments on time, etc.) wants to keep your mortgage. They’d love nothing more than to sign you up for another… Continue reading Bank Early Renewal Notices
All the things you left behind
I have had many occasions where purchaser clients arrived at their new home to find it full of items that the vendor left behind. As a seller, you can only leave items if you have specifically agreed to do so in your agreement of purchase and sale. This includes construction materials; though it is easy… Continue reading All the things you left behind
Hunting for a Home
Article courtesy of Genworth Canada. Looking for a home can be an intimidating task filled with many questions. What home do I buy and where? Who do I go to for help? And how do I know if I am making a good purchase? There’s no one “right way” to go about finding a home.… Continue reading Hunting for a Home
Put it in writing
It might go without saying, but it is important to have all of the details of your real estate contract written down at the time of agreement. I have seen many people who had a verbal agreement that the sellers would leave a particular item, but it wasn’t in the written agreement and so there… Continue reading Put it in writing
Bridging
Last week, I blogged about timing. This week, I wanted to touch on something that Tim has mentioned before in his Mortgage Monday posts: bridge financing. From the legal standpoint, bridging makes your move go much more smoothly. If you have bridge financing in place, I can close your purchase before your sale is closed,… Continue reading Bridging