Real estate transactions come with plenty of areas where misunderstandings and disputes can arise. Even before the sale is completed, disputes might occur; if disputes don't come to the forefront during the transactions, seeds for a later dispute might have been unknowingly planted. Understanding Canadian and local real estate law and working closely with all parties in a transaction to ensure communications are clear are two ways to reduce the chance of real estate disputes.
Real estate disputes can begin in the sales process
What must I know about agents and inspections when buying a home?
Purchasing a home is a big purchase that you will have to live with for years to come. It is vital that you go about the process in the proper manner so that you can ensure your interests are being protected throughout the process. There are several ways that you can protect yourself during the purchase of residential real estate.
Considerations when you are looking for a mortgage
In our last blog post, we discussed some points to consider about mortgage renewal. We briefly touched on the fact that the mortgage terms might change for your mortgage even if you remain with the same company. For that reason, you should make sure that you think about various aspects of the new terms to ensure that they fit in with your finances.
What should I do if my mortgage is coming up for renewal?
When you purchase real estate in Ontario, your mortgage will have to be renewed at the end of a specified period. If your renewal date is coming up for your mortgage, now is the time to start shopping around to determine if you should consider other mortgage options. There are several things to consider when your mortgage is up for renewal.