By: Don Rochford

Think Twice before walking away from a Deal

Tags: Think Twice before walking away from a Deal

Buyer who walked away from real estate deal ordered to pay $360K Would-be buyer ordered to pay the difference after house ultimately sells for 28% less By Lisa Johnson, CBC News Posted: Aug 03, 2017 5:00 AM PT Last Updated: Aug 03, 2017 4:33 PM PT The sellers of this rancher in Surrey's Newton neighbourhood accepted a no-subjects offer for $1,260,000 in May 2016...Read More

By: Don Rochford

Landlords who evict tenants for their own use will have to offer compensation, proposed legislation says

Tags: Landlords who evict tenants for their own use will have to offer compensation, proposed legislation says

Landlords who evict tenants for their own use will have to offer compensation, proposed legislation says Landlords would have to give tenants a new unit or compensate them with one month’s rent.   The Rental Fairness Act, which would amend the Residential Tenancies Act would penalize landlords who evict tenants and use their units for their own use.  (CARLOS...Read More

By: Don Rochford

Bidding War, Buyers Remorse

Tags: Bidding War, Buyers Remorse

By Mark Weisleder A major issue arising in bidding wars is when a buyer regrets their purchase decision almost immediately afterwards. Or worse, when their lender appraisal says that they paid too much and will not lend the buyer enough to close the deal. Here are five lessons to learn about the consequences of a buyer’s remorse in these situations.   1. Can the buyer simpl...Read More

By: Don Rochford

Announcement from The Government

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Announcement from the Government Non Resident speculation tax 15% Rent control .extend to include those build after 1991 Surplus land being released . Tax on vacant homes Lower tax for new apartment builds A new standard lease for renters New rules for assignments Ontario's Liberal government will slap a 15 per cent tax on home purchases by non-resident foreigners and will expand the pr...Read More

By: Don Rochford

Wynne Wants to Cool Housing Market

Tags: Wynne wants to Cool Housing Market

Wynne wants to cool ‘frantic’ Greater Toronto real estate market Premier Kathleen Wynne is promising a “responsible” package of reforms soon to address rapid leap in both price of homes and rental rates in region.   Ontario Premier Kathleen Wynne says her government will introduce a package of measures on housing affordability "very soon," ...Read More

By: Don Rochford

Best Places to buy Real Estate

Tags: Best Places To Buy Real Estate

Canada’s top cities to buy real estate in   The best city to buy in is a steal compared to Toronto by Mark Brown and Romana King  April 11th, 2017   Online only.  0 Overview Vancouver Victoria Calgary Edmonton Winnipeg Toronto (GTA) Ottawa Hamilton Montreal Top Cities   Guelph h...Read More

By: Don Rochford

More than 200 condo buyers may lose homes after development fails

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By: Don Rochford

License Suspended for unpaid Traffic Ticket

Tags: Licensed suspended for unpaid traffic ticket

  Enter Blog Post Here   By NORRIS MCDONALDWheels Editor Fri., April 7, 2017             Long-haul truck driver Joseph Monighan of Hamilton was sitting in his rig in a weigh-scale station near Niagara Falls when he found out his driver’s licence was under suspension for non-payment of parking tickets he’d nev...Read More

By: Don Rochford

Tags: Selling privately Vs with a Realtor

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By: Don Rochford

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