Categories for Residential

Escape Clauses : Taking New Offers After Selling Conditionally

Can a home seller consider other bids after accepting a conditional offer? The short answer is yes, but you have to be cautious. A seller can consider additional offers even after signing a conditional offer. This is because the sale is not final and binding on both parties until all ...

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What Do I Need to Know About Putting in an Offer on an Estate Sale?

While buying a home through an estate sale can be like purchasing any other resale property in many ways, there are a few key differences that are important to know. When you come across a property listed for sale, the homeowner is usually the seller. However, if the homeowner has ...

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Sole Discretion Clauses are NOT “get out of jail free cards”

  We are hearing that during this period of interest rate hikes more than one buyer has put an offer in on a property, conditional on financing and/or inspection, and when it came time to waive it they failed to do so. This is even though there was no legitimate ...

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10 Ways to Make Your Home More Energy-Efficient

1-Conduct an energy audit. If you’re serious about improving your home’s efficiency, start with an energy audit by an NRCan certified advisor – you can search for an advisor in your area at nrcan.gc.ca. You’ll get a list of recommended upgrades to help you plan, and you may qualify to ...

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Clear Signs of a Bad Real Estate Agent

Don’t brush off these telltale signs of a bad real estate agent Did you choose your real estate agent based on a friend-of-a-friend’s referral, a quick Google search, or even a flyer in a mailbox? Is your gut telling you it isn’t the right fit, but you’re not sure if ...

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Multiple Offers are Being Accepted

Are we able to see what others are offering before we make ours? This has been a more common question lately, as many transactions are taking place with multiple (competing) offers. Sellers represented by real estate brokerages in Ontario accept offers in what is referred to as closed bidding process, ...

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How to Transfer Real Estate Property During Your Lifetime

Are you looking to transfer real estate property during your lifetime to your children? Maybe your rental property or a cottage? First of all, yes it’s possible, but take the time to evaluate all the possible scenarios. There are many solutions available and they all come with their share of ...

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What Is a Full-Service REALTOR®?

Many home sellers are looking for ways to make more out of the sale of their home. Because houses represent one of the largest purchases in many Canadian’s lives, it’s only natural for you to want to make all that you have put in (plus some, if the market is ...

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Free Moving Made Easier Checklist

Congratulations on finding your dream home! Now it’s time for the big move. To ensure your transition is as smooth as possible, I’ve created a moving checklist for you to follow from the beginning to the end of your journey. Happy moving! Click here to get your free copy ...

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Contracts and Clauses You May See in Real Estate Transactions

Buying or selling a home can be a complex and high-stakes process. As such, certain procedures and legal documentation exist to protect all parties involved while ensuring everyone is on the same page throughout the process. Melissa Douglas—owner of Douglas Law Firm based in Bradford, Barrie, and Vaughan, Ontario, a ...

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