Seller Sues on Two Transactions

The Seller will sue the defaulting Buyer both on the sale and on the purchase. Why should the Buyer get stuck with damages on the second deal? Wasn’t that the …

Novation of an Agreement

So many times real estate agents ask whether you can revive a dead Offer. The answer is simple “no”. And, that’s all there is to it. The Offer that became …

What Title Can You Use?

What description or title can you use if you are in the real estate business? It used to be “Salesperson” etc. or “Broker” if you took a few additional Courses. …

Commercial Indicators – 21 July 2023

Commercial Bond Yields CMB5 Year – 4.10%CANHOU 06/15/28[-]  ‌10 Year – 3.92%CANHOU 06/15/33[+0.01%]  * denotes interpolated rateGoC5 Year – 3.83%CAN 03/01/28[+0.01%]  ‌10 Year – 3.44%CAN 06/01/33[+0.02%]  ‌15 Year – 3.45%*Est. 12/01/38[+0.02%]  ‌20 Year …

Interest Rate Increases (July 2023)

Interest Rate Increases (July 2023) Interest rates are now 20 times what they were in January 2022. That seems excessive! The first time a .025% increase was introduced that effectively …

Power of Attorney For Personal Care

This is the Form for the Power of Attorney for Personal Care published by the Province: Power of Attorney for Personal Care (Made in accordance with the Substitute Decisions Act, …

Power of Attorney For Assets

This is the Form for the Power of Attorney for Assets published by the Province: Power of Attorney for Assets Continuing Power of Attorney for Property (Made in accordance with …

Mortgage Rates 8 July 2023

Current Mortgage Rates are: “A” Lending: Fixed       5.19%* for insured Fixed       5.89% for conventionalVariable   6.05% for insured Variable   6.70% for uninsured  Rental      6.14% fixed            …