In toronto real estate, Toronto’s red-hot real estate market could get even hotter as foreign nationals looking to dodge a new 15 per cent tax on properties in Vancouver seek new places to invest, realtors say. The Vancouver real estate tax, which takes effect Tuesday, was introduced by the British Columbia government with the […]
toronto home seller
Real estate transparency law, how it works
In real estate law, confidentiality rules mean bidders can’t see contents of other bids, but Ontario legislation has transparency rules, too. In toronto real estate, when you’re involved in a bidding war for a home and you lose, it can be frustrating and discouraging — even heartbreaking. Especially when you find out that […]
SPIS real-estate document could induce a path to court
In toronto real estate, the Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the document. Across the country, the total exceeds 250. […]
Rising housing prices bring social revolution in Toronto and Scarborough
“The city of Toronto as a whole, Scarborough in particular, is in the midst of a social revolution,” says city studies professor July, 2016 is looking to be another record-breaking month as housing prices in Toronto continue to soar. Scarborough, in particular, has seen the steepest increases this year. Prices of single detached houses […]
Steps after a failed agreement of purchase and sale
In toronto real estate, buying a home can be very stressful and complicated with all the paperwork, acknowledgements, representations and agreements that are required, as well as the normal process of due diligence that most buyers and some sellers want to include. As a buyer, you normally enter into an agreement of purchase and […]