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A Real Estate Lawyer’s Advice on Bidding Wars and Bully Offers

A Real Estate Lawyer’s Advice on Bidding Wars and Bully Offers

by Howard Nightingale | Sep 9, 2024 | Real Estate Law

Both buyers and sellers are often thrust into intense situations known as bidding wars and face the increasingly popular practice of bully offers. Many participants in these scenarios experience a mixture of stress and anxiety. It’s to be expected as they navigate...
Protecting Your Interests: Why You Need a Lawyer for Your Ontario Real Estate Transaction

Protecting Your Interests: Why You Need a Lawyer for Your Ontario Real Estate Transaction

by Howard Nightingale | Aug 6, 2024 | Real Estate Law

Ontario’s real estate market has experienced significant fluctuations over the years. In addition, the cost of living has also been on the rise, resulting in many homeowners and buyers pinching pennies where they can. These changes have prompted some individuals to...
Rising Interest Rates and Your Mortgage: A Real Estate Lawyer’s Guide to Refinancing and Renegotiating in Ontario

Rising Interest Rates and Your Mortgage: A Real Estate Lawyer’s Guide to Refinancing and Renegotiating in Ontario

by Howard Nightingale | Jul 17, 2024 | Real Estate Law

Homeownership is an exciting milestone, however; it does come with its fair share of new terminology, legal requirements, and added responsibilities. You likely know that you have a renewal date for your mortgage, though you may be less familiar with what renewing...
Legal steps to take when dealing with possible mortgage default and foreclosure

Legal steps to take when dealing with possible mortgage default and foreclosure

by Howard Nightingale | Dec 4, 2023 | Real Estate Law

The glory days are over for Toronto’s housing market Sales numbers have dropped significantly, homes are sitting on the market far longer, and sellers are letting their homes go for below asking price. It’s quite a change from the bidding wars and quick sales that...
How can the Tax-Free First Home Savings Account (FHSA) benefit you?

How can the Tax-Free First Home Savings Account (FHSA) benefit you?

by Howard Nightingale | May 9, 2023 | Real Estate Law, Federal Court Legislation

Is home ownership just a distant dream in today’s market? If you feel that way, you’re not alone. For many Canadians, factors like high real estate prices, which require saving a substantial down payment and having a high income to qualify for a mortgage, as well as...
The Underused Housing Tax: What you need to know

The Underused Housing Tax: What you need to know

by Howard Nightingale | Mar 29, 2023 | Real Estate Law

The Underused Housing Tax Act was passed in 2022. It’s the first federal statute designed to discourage foreign ownership of vacant Canadian real estate properties. The Act imposes an annual tax of 1% on the value of residential property located in Canada owned,...
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