May 15, 2024
There is a restaurant I go to once every week or so for a bit of lunch. It’s a handy place to meet a client or friend. And it’s very affordable. Soup and a sandwich for each of two people generally with tax comes in at around $27.00. Always less than $30.00. And I always leave a $10.00 tip.
May 15, 2024
Another month has come and gone. What exactly has happened in the real estate market across Niagara over that time? Nothing startling I’m afraid. As we’ll see, average sale prices and number of units sold, while both inching up aren’t really registering any significant change.
For families that have children from previous relationships, the conversation around estate planning can involve some uncertainty. A parent may question what happens to their estate when they pass away. For instance, a partner may wonder if their children from a previous relationship will be protected, and they may want to preserve a portion of the equity of their estate for their children.
April 15, 2024
In our last article, we showed how s. 8 of the Interest Act prevents lenders from imposing a penalty on borrowers who have defaulted on their mortgage. In this second part, we will dig into the case law surrounding this issue, and hopefully solidify once and for all that it is illegal for lenders to impose default penalties on the default of borrowers.
Opening up the Niagara Association of Realtors website, one of the things you are greeted with is a graph depicting market activity over the past year based on Median Sales Price. The current graph is surprising
Your mortgage amortization period is the number of years it will take you to pay off your mortgage. Depending on your choice of amortization period, it will affect how quickly you become mortgage-free as well as how much interest you pay over the lifetime of your mortgage (a longer lifetime equals more interest, whereas a shorter lifetime equals less interest but also bigger payments).
