The short answer: no. The long answer: In Ontario, if you had the option of a home inspection and chose not to have one, the seller is not responsible for anything a home inspector could have found. Simply because a home is popular doesn’t mean that it is in good...
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Are you ready?
I’m stealing today’s post from Ask Ross, a blog about all things mortgages. Here are his top 5 signs that you are ready to buy a house: You have a reliable source of income. Home ownership requires paying regular bills, and being prepared for unexpected expenses. If...
Can a sale be guaranteed?
It sounds like quite the coincidence, but my roommate from law school also ended up practising in real estate – albeit in a much larger firm in Toronto. I got an email from Mahira a little while ago with a link to a case she thought I would find interesting, and I’ve...
New or used?
MoneySense Magazine ran an article back in November on the 10 mistakes people make when buying a brand-new home rather than purchasing a resale property. In order: Falling in love with the show home Trusting the floor plan Not getting a lawyer involved until after you...
How much will that house cost?
I read Money Sense Magazine occasionally. A while ago, I came across a post from Gail Vax-Oxlade, who hosts a show I (secretly) love to watch called Til Debt Do Us Part. She wrote this article to help home buyers figure out what they actually need to save in order to...