An Ontario case called Rimmer v. Building Insights Inc. probably gives some comfort to potential buyers – but it probably keeps home inspectors awake at night. It features a home inspector who was ordered to pay almost $19,000 to a buyer who hired him, all because he reported […]
Marty's Musings Archives - Page 14 of 29 -
Mortgage Qualification Changes… Are Here!!!
As you are probably aware, the Federal Government has recently announced a significant change concerning guidelines for borrowers of high-ratio mortgages; i.e., a borrower having a deposit of less than 20% of the purchase price of a home.
As […]
On Nudists, Convicts and Ghosts – How Much Must a Seller Disclose to a Buyer?
On Nudists, Convicts and Ghosts – How Much Must a Seller Disclose to a Buyer?
I am often asked by sellers to advise as to how much (or how little) information they must provide to potential buyers. It’s never an easy answer: Although the time-honoured […]
Good News for Owners of Co-ownership Units – Property Tax Classification Re Classified
To the relief of Co-ownership Buildings created after 1998 but before 2008, and the individual unit owners, the submission to the Ontario Ministry of Finance has been successful. A group of property tax experts consisting of David Fleet, Peter Milligan, and David Gibson were retained by […]