I get a lot of calls from people looking for quotes on my real estate fees. I completely understand; whenever I am thinking about a big purchase, I shop around too. What I wanted to talk about today was what, exactly, you need to keep in mind when you’re doing your shopping so that you… Continue reading What exactly am I paying for?
Tag: real estate law
A road to nowhere
In 1985, Veikko Kivikangas subdivided a parcel of waterfront land he owned in Sudbury into three lots. One had direct road access; the others were given a right-of-way over each of the other pieces in order to access their lands. There had long been a gravel road over the properties, and Kivikangas instructed his surveyor… Continue reading A road to nowhere
When is a house a matrimonial home?
I wrote a little while ago on matrimonial homes. Given the many questions I have had from clients lately, I wanted to expand on that post a little bit. In Ontario, the Family Law Act rules state exactly when a home becomes a matrimonial home: the day you get married, if you are living there.… Continue reading When is a house a matrimonial home?
Pay your taxes
Most people aren’t aware of this, but if you don’t pay your municipal property taxes, the city or town has the right to sell your house out from under you. Keep in mind that just because they can, doesn’t mean they necessarily will. First, the municipality cannot start the process until the third year after… Continue reading Pay your taxes
What happens if you don’t close?
I have had this situation a few times: a client calls not too long before closing, and they’ve gotten cold feet. What happens if you don’t want to close the deal? Generally, if you refuse to close, you must have a legitimate reason. As a buyer, if you find something out that would severely affect… Continue reading What happens if you don’t close?