Agent Blogs

May 13
2012
The Two Big Statements - Estate Trustee's Appointment of an Attorney
Blog posted by Stuart Murray  :  Views (25)  :  (0 comments)
In general, the estate trustee requires the following two statements to be made before the appointment of an attorney by power of attorney: (1) [Insert estate trustee's name] as trustee of the estate of [insert name] of deceased has exercise his/her power to sell the property to [insert... [ more ]
Apr 30
2012
Things to Consider When Searching Part Lots and Plotting Legal Descriptions
Blog posted by Stuart Murray  :  Views (36)  :  (0 comments)
 When searching a part of a lot extra care must be taken to search adjoining lands for Planning Act problems as well as to determine the existence of rights-of-way or easement, closed lane ways, gaps or overlaps. In addition a search of adjoining lands may uncover a reference plan or survey... [ more ]
Apr 26
2012
TOP CITIES/TOWNS TO INVEST IN ONTARIO
Blog posted by Adam Scarati  :  Views (51)  :  (0 comments)
Top Ontario Investment Towns Named for 2011 and Beyond: Hamilton Ranks #1 Toronto's real estate market set to outperform other regions of the province over the next 3 - 5 years Toronto, May 10/11 -- The Real Estate Investment Network™ (REIN™), Canada's leading real estate... [ more ]
Apr 20
2012
Contractual Limitations regarding Environmental Liability
Blog posted by Stuart Murray  :  Views (49)  :  (0 comments)
 The Environmental Review Tribunal recently confirmed that regulators can order the original polluter to remain liable for environmental damage. The decision in Superior Fine Papers v. Direct, Ministry of Environment, illustrates that regulators are not required to consider the... [ more ]
Apr 17
2012
Buying New or Reselling a Condo? Some consumer protection provisions to consider.
Blog posted by Stuart Murray  :  Views (56)  :  (0 comments)
New Condo v. Resale Condo A good starting point with this topic is to recognize that a purchaser does not have the same protection when buying a resale condominium as would be the case when purchasing a new one. The Condominium Act, 1998 c. 19 contains a number of "consumer protection"... [ more ]
Apr 15
2012

I am interested in one of the condo on Toronto 195,000. I am a pensioner with some cash down.........steady income from pension and some investments........would love to qualify for this condo.......how can I qualify? have bought and sold many but since being a widow income is not the same of course.........will you try to qualify me......as I stated income is steady from the Ontario Pension Board plus my CPP and have investments in GIC's and Stocks.......but my overall income is low...........give me some assistance......I thank you in advance...........not my first purchase................but renting at the moment and would like to purchase if possible...........

Expert Question posted by Rob Vellinga  :  Views (49)  : 
Hi Brenda Thank you for the questions.  From what you have told me I think this purchase is a good possibility.  I would need to know more about your current pension and CPP.  What is your monthly pension as well as your CPP amount?  Do you receive widows payment?  ... [ more ]
Apr 5
2012
Essential Questions to Power of Attorney
Blog posted by Stuart Murray  :  Views (79)  :  (0 comments)
 Where a Power of Attorney ("POA") is used to close a real estate transaction, some additional questions should be asked. The following is a non-exhaustive list of questions or concerns that should be asked by the lawyer representing the person with the Power of Attorney.  1.... [ more ]
Mar 14
2012
How to Protect Yourself from a Property Advertised as a Legal Non-Conforming Use
Blog posted by Stuart Murray  :  Views (236)  :  (0 comments)
It is common to find properties that state that they are a legally non-conforming use i.e. legally non-conforming duplex. When looking to purchase the property, it is recommended that you do not just accept the sworn Affidavit of the seller that their property is a legally non-conforming use.... [ more ]
Jan 16
2012
Thanking Mom and Dad
Blog posted by Joe Ferreri  :  Views (311)  :  (0 comments)
Like a lot of kids out there, when I was growing up I participated in many sports and activities.  Rep hockey, soccer, tennis, golf...you name it, I tried it.  There were many times when I needed to be taken here, there and everywhere, and at all times of the day, including the... [ more ]
Jan 15
2012
INVESTMENT PROPERTIES - THE REAL DEAL
Blog posted by Adam Scarati  :  Views (254)  :  (0 comments)
I was always told, "never put all of your eggs in one basket", when dealing with financial planning.  The older I get the more this concept makes sense to me.  You can never rely 100% on mutual funds or company pensions as a means of accessing cash for your... [ more ]
Jan 13
2012
Alessandro Scarati, My Son is Born!
Blog posted by Adam Scarati  :  Views (257)  :  (0 comments)
I thought I would blog today about what has been keeping me so busy and sleepless for the last four weeks.  My son, Alessandro Scarati was born on December 18, 2011 at 7:27pm at the RVH in Barrie.  His weight was 6 pounds and 10 ounces.  That was my exact weight when I was... [ more ]
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