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The Buyer Representation Agreement
The search for your dream home is an exciting, albeit frenzied, endeavor. It is filled with endless possibilities; do you want to live in the city or suburbs? Will you live in a condominium, townhouse or a detached home? This is essentially the fun part of home buying before you ...
Continue ReadingHow Capital Gain Works
Have you made capital gain? That’s great news, because this influx of cash from selling your assets will improve your financial health. However, these benefits may be taxed. Here, I answer seven common questions. 1. What is capital gain? Capital gain represents the profit you make when you sell, entrust, transfer or ...
Continue ReadingShould You Get a Pre-Sale Home Inspection?
Unless you’re in a seller’s market where you can expect many offers, quickly, it might make sense to get a pre-sale home inspection. It can give your listing a competitive advantage. What is it? It’s simply a professional inspection you get done on your own home. Assuming only a few inconsequential issues ...
Continue ReadingWhat Industrial Landlords Look for in Tenants
Industrial leasing decisions involve much more than simply filling vacant space. Industrial landlords often evaluate tenants based on: financial stability, operational compatibility, long-term business sustainability, property risk, and overall lease defensibility. In many industrial transactions, landlords are not simply selecting a tenant — they are selecting: a long-term operational partner, a business ...
Continue ReadingCommon Due Diligence Failures in Commercial Transactions
Commercial real estate transactions often involve substantially greater complexity and risk than traditional residential transactions. However, buyers sometimes focus heavily on: purchase price, projected income, cap rates, or future appreciation while underestimating the importance of thorough due diligence. In many commercial transactions, the most significant financial losses occur not because of market conditions ...
Continue ReadingHidden Risks in Assignment Sales
Assignment sales have become increasingly common in Ontario real estate markets, particularly involving: pre-construction condominiums, investment properties, and rapidly changing market conditions. While assignment transactions can create opportunities for both buyers and sellers, they also involve legal, financial, tax, and operational risks that many consumers underestimate. Unlike traditional resale transactions, assignment sales ...
Continue ReadingWhy Conditional Clauses Matter in Ontario Real Estate
Conditional clauses are one of the most important risk-management tools available in Ontario real estate transactions. However, in competitive markets, buyers and sellers sometimes focus heavily on: price, closing date, or offer timing while underestimating the importance of carefully structured conditions and due diligence protections. Conditional clauses are not simply technical paperwork — ...
Continue ReadingObligations of All Ontario Registrants (REALTORS®)
Real estate is a highly regulated business in Ontario. These regulations protect consumers, establish standards and provide for a method of delivering consistent, predictable and professional services. It also provides a means to discipline those that do not uphold those standards. Real estate professionals standards include regulatory (TRESA), fiduciary (legal) ...
Continue ReadingHow to Choose One Business Over Another
What makes one business better than another when you are buying a business? Some of the considerations are obvious. Others are not. As you explore the business landscape, keep in view these 12 markers for choosing a business. 1. Location Is the location of the business convenient? Is it close to your home? Is ...
Continue ReadingWhy Bargain Hunting is a Bad Idea
It seems like every month there is a new website offering deals on everything from electronics to travel. In fact, the “coupon industry” is booming. This trend has conditioned people, more than ever before, to look for bargains and become determined to pay well below the market price for merchandise. There’s ...
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