The changing real estate market in Durham Region
Posted by McMurter & Associates
on 10 January 2023
Over the past few months, there has been a significant correction in housing prices in Durham Region. Prices have been changing from month-to-month, and even from week-to-week.As a buyer, what does this mean to you?If you are a buyer in this market, it’s possible that there will be a discrepanc...
Posted in:Purchasing A HomeSelling |
When Good Deals Go Bad
Posted by McMurter & Associates
on 15 November 2022
You are selling your home and the deal is set to close in 2 weeks. You get a dreaded call from your lawyer that the buyer will no longer buy your house. You have moving trucks arranged, and you’ve already entered into an Agreement of Purchase and Sale of your new house. What is going to happen ...
Posted in:Real Estate Law |
What if my common-law partner dies without a will?
Posted by McMurter & Associates
on 13 September 2022
Does this sound familiar?You and your partner have built a life together. You might own property together and you might have children together. But you never got legally married. You live as common-law partners.According to the law, common-law relationships are not treated the same as married cou...
Posted in:Wills & Estates |
Conditional or firm offer?
Posted by McMurter & Associates
on 16 August 2022
Real estate deal conditions are a good thing.We are strong believers in real estate deal conditions. Now that we are in a more balanced market, and houses are not selling in multiple offer scenarios, as a real estate buyer you have more power to make a thoughtful deal with conditions.In a competi...
Posted in:Purchasing A Home |
Do I really need title insurance?
Posted by McMurter & Associates
on 28 July 2022
Title insurance is not the most exciting thing to spend your money on, but it is an integral part of buying a house and most real estate lawyers (and virtually all mortgage companies) want it as part of every deal. Although title insurance is optional in Ontario, your lender will require it for y...
Posted in:Purchasing A Home |