mortgage shopping Archives -

Mortgage-Shopping 101 – What Buyers and Owners Re-Financing Mortgages Should Know

September 30, 2019
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By Martin K. I. Rumạck, Barrister & Solicitor 

Whether you are a first-time buyer or a more experienced one, you should know that there are many facets to the home-buying process: finding the right knowledgeable real estate agent and experienced real estate lawyer […]

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Verbal Mention of Sloping Kitchen Floor Not Enough – Negligent Home Inspector Ordered to Pay $19K to Buyer

February 21, 2017
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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 […]

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Prohibited Interest Rate Can Include Not Merely a “Penalty”, But a “Discount” Too

October 6, 2016
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Those of you who have mortgages may know that the federal Interest Act contains a section that expressly governs post-default mortgage interest rates.  Specifically, section 8 of that Act prohibits a lender from imposing a “fine, a penalty or a rate of interest” that has the effect […]

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How to Help Your Clients with Their Mortgage-Shopping

August 15, 2016
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By definition, real estate professionals are on the front-line of the home-buying process with their clients:  They are called upon to explain the process, to find them the right home, and then – alongside the involved lawyers – to help shepherd them through the actual legal home-buying […]

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