Buying a newly built home is an exciting milestone. Many buyers assume that purchasing a brand-new house means avoiding common real estate headaches—no hidden defects, no previous owners, and no unexpected repairs. However, while a new build comes with benefits, it also presents unique challenges that buyers should be aware of. New Home, New Challenges […]
BUYING A NEW HOME? HERE’S WHAT YOU NEED TO KNOW Read More »
The real estate market in Ontario is going through a big shift, the home values are fluctuating, and the interest rates have increased exponentially over the past 5 years. The banks are also becoming more stringent in their mortgage qualifications. Because of these factors, it is becoming more and more common where a buyer signs
BUYER BEWARE: CONSEQUENCES OF BREACHING A PURCHASE AGREEMENT IN ONTARIO Read More »
Power of Sale vs. Foreclosure: What’s the difference in Ontario? Learn about the legal processes, costs, and rights of borrowers and lenders. Read more to understand which option lenders prefer and why.
POWER OF SALE VS. FORECLOSURE IN ONTARIO: KEY DIFFERENCES EXPLAINED Read More »
The Agreement of Purchase and Sale (the “APS”) is the most important document in any real estate transaction in Ontario. It is a legally binding contract that outlines the terms and conditions of the sale of a property between a buyer and a seller. The APS is typically prepared by the seller’s real estate agent
AGREEMENTS OF PURCHASE AND SALE – THE GOSPEL OF REAL ESTATE LAW Read More »
Far too many times a week I receive a call from a prospective client with a question regarding taxes related to real estate transactions. We all hate to think about taxes, but there is no escaping them – even in real estate. The subject of taxes is far too complicated and vast of a topic
TAXES IN REAL ESTATE – THERE’S NO ESCAPING THEM! Read More »
First of all, what is a private mortgage? Well, private mortgages are no different than standard (bank) mortgages with the exception that the lender is usually an individual, a group of individuals or a private Corporation. Similar to a standard or institutional mortgage, a private mortgage is secured and registered against the title to your
PRIVATE MORTGAGES – KNOW WHAT YOU ARE GETTING INTO Read More »
At WARDS LAWYERSPC we pride ourselves on doing the best job possible for every one of our clients. We are proud to be recognized by those in our community for our hard work.
