Posts

Condo unit owners can’t block building sale, B.C. Supreme Court rules

http://ift.tt/1sJ28Op 80% of Vancouver building’s tenants keen to sell, the minority of residents’ claims of unfairness shouldn’t override the majority’s desire to cash out, judge says from The Globe and Mail - Real Estate http://ift.tt/2lt74Wy via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Anxious home buyers race the clock ahead of new mortgage stress test

http://ift.tt/2sqwFmi and realtors are reporting an uptick in market activity as Canadians seek to slip under the wire before OSFI rules come into force on Jan. 1 from The Globe and Mail - Real Estate http://ift.tt/2C63HQD via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

How much real estate do foreigner investors really own? Statscan got it wrong

http://ift.tt/x4NcYT fractured system does not allow the tracking of foreign ownership of privately held companies so any estimates will be wrong from The Globe and Mail - Real Estate http://ift.tt/2l8YCfY via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Buying properties for school-aged kids comes with pitfalls, experts warn

http://ift.tt/1AlqXNK cities like Toronto and Vancouver, affluent parents are buying properties for their school-aged kids, hoping to prevent them from being shut out of the real estate market from The Globe and Mail - Real Estate http://ift.tt/2DKByvz via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

What is the “Best” Mortgage Rate?

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What is the “Best” Mortgage Rate? Some say: the best mortgage is the one with the “lowest” rate and often it is as a ‘no-frills’ mortgage will save you on interest but  a ‘no frills’ mortgage can cost you a lot more in actual borrowing costs. 4 Potential Negative Impacts of a ‘No Frills’ Mortgages: the penalty to break your mortgage porting rules pre-payment privileges refinance options Mortgage shoppers should ask themselves: What are the odds I’ll move before my mortgage matures? Where will I move and how much might I spend on the new home? Will I need to tap my equity at some point? Will I still qualify if I need to renegotiate my mortgage? Am I better off with a longer amortization? Additional Questions: Do you expect your earnings to change significantly? Will you receive significant bonuses? Will you need to move out of the area? Will you upgrade when you have the financial means? What is your relationship status? ...

Live music’s last hurrah?

http://ift.tt/2kIHIDX booming real estate market has led to escalating property assessments and rents in commercial buildings. Clubs that once staged local favourites and stars alike are closing from The Globe and Mail - Real Estate http://ift.tt/2BaIfcY via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island

Ottawa’s condo sector on a roll, growing 21 per cent in 2017

http://ift.tt/2yrDiGo improvements and downtown redevelopment seen as boost to future growth from The Globe and Mail - Real Estate http://ift.tt/2AFnxkT via IFTTT Need a mortgage?: Ontario Mortgage British Columbia Mainland British Columbia Vancouver Island