Seven Offers Submitted

Question: We had an agent show one of our listings, he said he has shown his client 20 properties and is going to put conditional Offers in on 7 of …

Picture Hooks and Repairing the Damage

Question: Property is purchased while staged, once de-staged during buyer visit, buyers realize that all artwork on the walls was hung with screws and plugs plus additional nail holes. Also, …

Commercial Indicators – 24 May 2024

Commercial Bond Yields CMB5 Year – 3.94%CANHOU 06/15/29[+0.04%]  10 Year – 4.11%Est. CANHOU 12/15/34[+0.05%]   Floating Rate insured cost of funds5.29%[-]  Prime Rate7.20%[-]  GoC2 Year – 4.32%CAN 02/01/26[+0.04%]  3 Year – 3.95%CAN 03/01/27[+0.04%]  5 Year – …

Basement Leak: Cracked Foundation

Question: Agent in my office came to me with this dilemma. Has a potential listing, delayed due to a cracked foundation/basement leak. Repairs are done and seller doesn’t want to …

June 2024 Session

June Session Times June  10, 11, and 12 (Monday, Tuesday and Wednesday) June 17,  18, and 19  (Monday, Tuesday and Wednesday) Time: 9:30 am to 12:30 pm each day June …

Offer Expiration

Question: There seems to be a lot of confusion regarding an irrevocable in an offer. Here’s the dilemma. An offer is written with an irrevocable tonight at 7:00 pm. It’s …

Deposit Due: Time and Date

Question: A property sold last night (May 3rd, a Friday at 9:00 pm) conditional on financing and inspection. Conditions expire on May 6th at 11:59. When is the deposit due? …