As you probably already heard, there is a new stress test that came into effect on June 1, 2021. This occurred because the Office of the Superintendent of Financial Institutions (OFSI) tightened the requirements for property owners in order to reduce the risk of mortgage default. The new stress test asks that owners or potential […]
When buying a house, the paperwork could be overwhelming. Complex language and the amount of detail only adds to this. This is when a Real Estate Lawyer is a great asset to have by your side! The key benefit of having an experienced lawyer is the fact that they can not only define the conditions […]
If you ever purchased a home you know that Title Transfer is an important part of the process. This is an official exchange of ownership to ensure that your property is protected from any claims. Buying a home however is not the only time you would have to deal with this. If you got married, […]
Making an offer can be an exciting and a stressful step of the buying process. There are a lot of factors that can make or break the decision. It’s good to know the types of offers that you can make in order to ensure you not only get the house you want but also protect […]
Buying a pre-construction condo is different than buying a house and there are certain rules that you should consider. This type of investment might have some risks, hidden costs and complicated contract terms. Like in any real estate transaction, having an Experienced Real Estate Lawyer by your side will make this process easier. Whether you […]
When you buy your home, you are making one of the most important financial decisions in your life. Just like anything else that is valuable to you, you would want to protect it. Educating yourself on the types of insurance that are available, will give you peace of mind if anything happens. There are 3 […]
When buying a house, most people know that you need to consult a Real Estate Lawyer, but unless you have been through the process recently you might wonder why exactly you need one. Real estate purchases are usually biggest investments made in our lives, so wouldn’t you want to make sure they are done right […]
There are two types of ownership that are primarily used in Ontario and although they might sound similar, there are key differences that you need to be aware of before sharing your property. Depending on your situation, the ownership of the title can affect a lot of other aspects of your life such as estate […]
Pandemic fuelled financial uncertainty has caused many clients to look at their finances and in some cases consider life changing decisions. Many of these are tied to the real estate ownership such as: So to help with these decisions, here are some key considerations when looking at your mortgage: Accommodating a new lifestyle of working […]