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Monday, March 30th, 2020

What to disclose when selling a home where someone died – As a Vancouver Mortgage Broker

To avoid a lawsuit it is best to let buyers know whether a death has occurred on the property. By: Mark Weisleder Real Estate, Published on Fri Feb 15 2013 There are interesting legal issues about what should or shouldn’t be disclosed when a house is sold, including whether someone has died in the house. A column last month […]

Itemizing Up-Front Closing Costs

When you buy a new home, lenders like to see proof that you can cover the closing costs. To satisfy this condition you typically have to demonstrate your ability to pay an additional 1.5% of the purchase price at closing, on top of your down payment. But not everyone knows what closing costs entail. TD recently […]

Housing starts rose in June: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the pace of housing starts rose in June, driven by urban multiple starts — condos, apartments and the like. The federal agency estimates there were 20,327 actual starts in June across the country, up from 18,494 in June 2011. Tweaked to remove monthly variations, that produced a […]

Surge in renters lowers vacancy rate

It’s increasingly difficult to find rental housing across the country, as a lack of new inventory and a surge of would-be renters pushed the national vacancy rate lower. Canada Mortgage and Housing Corp. said Thursday that the vacancy rate for Canada’s rental stock was 2.5 per cent in April, 2011, compared to 2.9 per cent […]

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