Toronto Realty Blog

JUNE 2, 2021

They would be conditional on a lawyer’s review, a home inspection commissioned by the buyer (but paid for by the government…), satisfactory and guaranteed mortgage financing, a catch-all for unfettered “due diligence,” and a mandated ten-day cooling-off period where the buyer can change his or her mind for any reason.

Pre-approval 97

Pre-approval Inspection Purchase and sale agreement Due diligence 97

Toronto Realty Blog

MAY 5, 2021

In July 2020, Michael Mitchell and Richard Bowring listed their Mississauga bungalow for sale on the Multiple Listing Service (MLS). After signing the purchase agreement, Lamba learned that the MLS listing and the floor plan gave different areas for the home. In his decision released March 31, the judge ruled in favour of the sellers.

Purchase and sale agreement 95

Purchase and sale agreement MLS Due diligence Agents 95

HomeLight

FEBRUARY 26, 2021

You might not be aware of every flaw — that’s for the home inspection to notice — but once you are, you can’t hide them, and legally, neither can your agent. Buyers can still get an inspection to unearth problems. A home inspection is part of a buyer’s due diligence. Risks of sweeping home flaws under the rug.

As-is 92

As-is Sales Inspection Investor 92

The Close

APRIL 11, 2023

Job Interview A new agent walks into a brokerage office for an interview. “It I can make you the most successful agent in your brokerage, and you will sell 200 houses next year if you sign this contract in blood. Meet Me on the Porch With curb appeal like, that you’re a prime property in my heart’s MLS. Why did you leave?” “I

Agents 145

Agents Due diligence Brokerage Land 145

The Close

DECEMBER 29, 2022

A contingency might be the buyer selling their current house, requiring certain repairs to be made, or obtaining a clean termite inspection. Don’t you love it when the co-borrower is the client’s dad who comes along on the inspection and is suddenly an expert on chimney engineering? Due diligence period. Home inspection.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

HomeLight

APRIL 29, 2022

An as-is home sale often indicates that the home has some “big-ticket items” that won’t pass the required inspection or appraisal, he adds. MLS has field to mark a listing “as is”? Not in Northwest MLS, the largest MLS in the region ; agents instead will include “as is” in the property notes. Disclosures.

As-is 69

As-is Purchase and sale agreement Investor Inspection 69

RIS Media

SEPTEMBER 20, 2021

Boesen ruled that a real estate agent and his brokerage could not be held responsible for selling a new house with a defective, regularly leaking foundation because the buyers could not prove he “knew or should have known any information about the construction of the home.” ” The in the 2011 court case Barton v.

Design 104

Design Purchase and sale agreement Agents Seller disclosure 104