Dangers of an Express Warranty? - 10/24/07 12:40 PM
When in doubt, have your MLS listing peer reviewed. I cautioned a colleague who used "No Need To Inspect Shows 10+++" in a new listing. Without a pre-inspection, this isn't just a generally bad idea (read: liability for the listing agent and brokerage), it carries increased risk in an area that (0 comments)
Rates from Mortgage Brokers Are Not All Alike - 10/17/07 08:56 AM
I regularly get updates on mortgage rates from a number of mortgage brokers -- only one of which is solicited -- and usually, they're pretty much the same (+/- .05%). But once in a while, the range widens ... the latest round of updates showed much more volatility for some rates: (0 comments)
Canadian Dollar - Breaking Above Parity - 10/15/07 02:17 AM
With the Canadian dollar last trading at $1.026 USD, I wonder if anyone at the bank has noticed their general terms & conditions reads:
U.S. dollar coins deposited or exchanged will be treated as if they are Canadian dollar coins.
Sounds like a quick way to earn 2.6%! ;) (2 comments)
A Slow Day for Mortgage Brokers? - 10/14/07 12:22 AM
Not one, not two, but three mortgage specialists, brokers, or their assistants (cold) called and/or emailed me today about future referrals. For me that's a new record. But why would I refer you, or any of my clients, to someone (or some financial institution) that I'm not familiar with and/or have no (3 comments)
Home Inspection Alternatives? - 10/09/07 09:04 AM
How much bang for the buck do we get with a $200-$400 general home inspection? Home inspectors require breadth of knowledge, but the depth of such knowledge seems to vary quite a bit. How often are specialists brought in because of a concern raised in the general inspection? One local HVAC (3 comments)
Beware the Restrictive Covenant - 10/07/07 01:54 AM
Hamilton residents dug up a 1935 land transfer agreement which placed a restrictive covenant on the land, in the hopes of forcing a Mississauga developer to halt/scale back development plans for the site.
The developer says, "As far as we’re concerned it doesn’t apply" -- such restrictions expire after 40 years. (1 comments)