Goodman & Griffin
44 Village Centre Pl L4Z 1V9 Mississauga, ON, Canada

An informative short video from Stewart Title on why a Real Estate Lawyer is a key part of the home buying process.

Some good news for first time home buyers.

https://www.cp24.com//ontario-may-allow-disclosure-of-pric

Some interesting stats on how cannabis may affect the value of a home.

2018 will be an interesting year in real estate. We, at Goodman & Griffin, are Real Estate Specialists. We know real estate law. Before you sign a deal in 2018, contact us.

http://www.moneysense.ca//what-the-new-mortgage-rules-mea/

Walking away from an agreement of purchase and sale can have serious financial consequences for the purchaser especially in the current unstable market. This case underscores the point that its not just your deposit thats at risk. You could face a claim for significant damages. Purchasers need to be aware of the risks they face by attempting to escape their contractual obligations. Always speak to your real estate lawyer prior to making such an important decision. http://www.cbc.ca//buyer-who-walked-away-from-real-estate-

Heres a helpful video explanation of Title Insurance. Call us if you have any questions. https://www.youtube.com/watch?v=p9wVOm4iixk&sns=em

Another reason to ensure you have an up-to-date survey.

Another good reason to have a survey. Thats the only way you can be sure of the extent of the property you are buying.

Be aware of the dangers of double-ending and never waive the condition for a Status Certificate on a Condominium. It contains important information regarding the health of your condominium reserve fund and flags any potential law suits. Always have your Real Estate Lawyer review your status certificate prior to waiving the clause.

Condo owners should be aware of what is happening with their condo board. Read more on our blog post. http://goodgriff.com/condo-owners-know-condo-board-2/

Ontario Finance Minister Charles Sousa says he is considering a number of options.

Another take on the foreign property tax. http://bit.ly/2aiEIKn

Be wary of governments new anti-speculation and anti-foreigner tax proposals. There are some of us who remember 1974 when Ontarios government instituted a 50% Tax on any gains made on land acquired for speculative purposes. The immediate effect of this draconian measure was to cause the real estate market to effectively collapse. The tax was later reduced to 20% and then eliminated by 1979. But the damage was done. Lets hope our government doesnt make the same mistake as BC in its rush for revenue. http://bit.ly/29ppZx4

If youre considering buying your first home and are just getting familiar with the real estate industry, some commonly used phrases are probably confusing. Heres a simplified guide to 13 terms you definitely need to know!

Looking for a new home? Most people know about Realtor.ca, but take a look at some of these other great apps you may not know.

Civil liability coverage protects you from the unintentional damages you may cause others. Read more in this article from the National Post.

Homeowners and potential home buyers might be interested in Kathleen Wynnes plans for Ontario. Plans for such things as compulsory home energy audits and banning natural gas for home heating will have huge impacts on homeowners. Read more in the article by Ross McKitrick.

Even if you dont have anywhere near Princes net worth, you still need a will. Otherwise, the government may decide how your assets are distributed. Click the link and watch the short video as Pattie Lovett-Reid explains. http://bit.ly/1WLGO6K

Great article from condos.ca on what you should be looking for in your condo Status Certificate. A must-read if youre considering buying a condominium. We are always happy to review Status Certificates for our clients as part of their purchase process. http://condos.ca/blog/status-certificate-red-flags/

Are you one of the 65% of Canadians without a will? We can fix that. Call us now for an appointment to discuss setting up your will. 905-276-5050. And if youre not sure what happens if you dont have a will -- watch the video.

Ready to sign a Listing Agreement with your agent? If you want something included, make sure you get it in writing. http://www.thestar.com//what-you-should-know-about-home-li

Be aware of the risks involved in submitting an offer with no conditions. Some brokers may now have buyers signed an additional "indemnification agreement." Have us take a look at it before you sign.

Thinking of investing in the condo market? This article has some great advice along with important warnings. Take a look. http://www.theglobeandmail.com//five-trap/article4630744/

Another update on the provinces plan to licence home inspectors. Legislation should be coming soon to Ontario.