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Real Estate

Co-buying a home

Think of your siblings, or perhaps your closest friends. Could you buy a home with them? As in, have permanent, legal roommates?   This is a new trend, mostly among millennials who are finding themselves priced out of hot housing markets. In Toronto, for example,...

Buying under a power of sale

When the housing market shifts, whether from loss of value or from increased interest rates, an unfortunate consequence is often an increase in properties that are sold under power of sale, or sold by the mortgage lender in order to pay back the mortgage. This...

Reverse Mortgages

Because of Remembrance Day tomorrow, I'm posting about real estate today. You see these commercials once in a while: happy older couple who are able to stay in their home because of the magic of a reverse mortgage. But what is a reverse mortgage? Basically, it’s a...