COVID-19 Update

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Real Estate

All real estate related posts.

Co-share a Mortgage to Buy a New Home

Mingles mortgage, what’s that? It could be for you if the high cost of homeownership is getting you down.  Finding a Home in the GTA Housing prices in major Canadian cities are sky high. Getting a 20% downpayment together, let alone buying, seems almost impossible. Let’s see — $1.4 million for a brand new, three-bed…Read More

When to Refinance Your Mortgage or Renew

A no-hassle mortgage renewal can be appealing. Time to rethink the pros and cons of mortgage renewal vs mortgage refinancing. Four Reasons to Renew Your Mortgage Your mortgage lender knows you. Interest rates are already low. It’s quick and easy. It costs money to switch lenders. Pick the Right Time to Refinance a Mortgage Lock…Read More

The High Cost of No Title Insurance

A $17 million Toronto fraud is fair warning to Ontario homeowners and buyers about the value of residential title insurance. Project Bridle Path exposed a shocking plan to get title to vacant mansions in one of northern Toronto’s most expensive neighbourhoods. Why Does Home Insurance Cost So Much? Fraud and natural disasters are leading reasons…Read More

Sealing Your Real Estate Deal: The Signing Appointment

Oh the paperwork! Buying a home seems pretty complicated. No worries. A real estate lawyer can take all the confusion out of your new home purchase. Imagine if you could make it even simpler, by sealing the deal by phone, email or video call. (Once COVID-19 social isolation rules ease, you can meet with a…Read More

Can You Cancel a Real Estate Deal Due to COVID-19?

COVID-19 has taken you by surprise. Your job was paused just when you were buying a new home. You’ve heard about force majeure. Could that apply to your agreement of purchase and sale?  The Short Answer Is… It depends. Force majeure is an unforeseeable circumstance. Typically, it’s an “act of God” beyond your control. It…Read More

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