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Buying property that has bylaw infraction for controlled substance back in 2003
... condition. I know that some lenders will not want to give mortgage for this sort of thing, but other than that are there any other negatives about property like this? Should we even be considering this or should we run as fast as we can away? Never dealt or looked into something like this before, ...
- cvrle1
- Aug 2nd, 2022 6:27 pm
- Forum: Real Estate
- Real Estate
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Aug 2nd, 2022 6:27 pm
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experienced claims ( auto / liability / property wanted - junior to senior WFH
My company ( Sedgwick ) is looking to hire adjusters at various experience levels - ( MUST BE experienced) - opportunity to WFH Salary ( guesstimate) Junior 40-55kIntermediate 50-70kSenior 65-85kPlease DM me if interested
- rb
- Jul 27th, 2022 9:16 am
- Forum: Careers
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Anyone purchase a severance property (farm surplus)?
Anyone have any experience with buying a severed farm surplus property? I’ve been eyeing a property but the condition of sale is the severance. Realtor says it’s a straight forward thing but delays could be between 6-9 months. A little iffy having a deposit ...
- TheSandman1
- Jul 18th, 2022 10:23 pm
- Forum: Real Estate
- Real Estate
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Jul 18th, 2022 10:23 pm
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Buying a Reno'd Property that did not submit permits
... with a post was installed. Engineering drawings were done, but no permit. Should we steer clear? I called the City, they said if your purchase the property and something should happen, all the risk is on us. Also insurance may not cover. However, I've also heard that many reno's are done without ...
- blues45
- Jul 18th, 2022 1:31 pm
- Forum: Home & Garden
- Home & Garden
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Jul 18th, 2022 1:31 pm
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Advice on due diligence for selling our property (BC)
We are planning to do a private sale to our neighbour’s children. They are interested in buying our home at a little under BC assessment price. That’s acceptable given how bad the market is looking. I’m currently putting together some paperwork and I need to what to put in the PDS. To the best of my...
- Janetlii
- Jul 15th, 2022 11:23 pm
- Forum: Real Estate
- Real Estate
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Jul 15th, 2022 11:23 pm
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KWC Vs TORONTO Real Estate / Which type of Property is recommended for 1st time Home Buyer ?
... and KWC is developing ( Right now renters market is predominantly due to universities), where should one invest as a first-time home buyer? Which property is recommended for first-time home buyers? I am going to occupy one room and rent others OR rent the whole property. Looking to hold long-term ...
- Peter401
- Jul 11th, 2022 10:42 am
- Forum: Real Estate
- Real Estate
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Jul 11th, 2022 10:42 am
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Advice on what to do for retirement property
... smaller fix it up bungalow. I’ve done a lot of work here myself and as always theirs more to do. Part of the reason we downsized was we bought a property in Europe along with my sister in law to build 6 apartments for rental/retirement. After we bought that my sister I. Law wanted out to buy ...
- jinglebell79
- Jul 7th, 2022 3:43 pm
- Forum: Real Estate
- Real Estate
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Jul 7th, 2022 3:43 pm
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Questions on pension investments and NR taxes in Canada with a property rental...
Questions on pension investments and NR taxes in Canada with a property rental... I have recently resigned my contract in Canada to live abroad in the Dominican Republic for the immediate future. I am looking for any contact or advice on the following: ...
- tdaniels
- Jul 3rd, 2022 10:13 pm
- Forum: Personal Finance
- Personal Finance
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Jul 3rd, 2022 10:13 pm
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Confusion regarding Work Permit Property Purchase
I am on a Work permit currently and want to buy my first property, where I will be living in one room and will rent others ...How many percentages do I need down and do I need to pay extra taxes as I am Mexican by nationality?Please Advise ...
- Peter401
- Jun 29th, 2022 8:42 pm
- Forum: Real Estate
- Real Estate
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Jun 29th, 2022 8:42 pm
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Will Property Assessments ever get close to actual property values in Canada?
I don't mean bank assessments but mpac/property tax assessments. Typical assessments I see are 300k-350k when the house sells for 1mm. Condo assessments of 120k while selling for 500k. When you look at majority of US tax assessments they are ...
- KingKuba
- May 27th, 2022 2:15 pm
- Forum: Real Estate
- Real Estate
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May 27th, 2022 2:15 pm
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Out of town landlord?
... to another city far away, but I do not want to sell my current place, so I want to rent it out. But obviously if there's any issue with the property or tenant, I won't be here to resolve them. What can I do in this case? Does it make sense to hire some kinda manager for this (even though ...
- texasbruce
- May 12th, 2022 2:58 am
- Forum: Real Estate
- Real Estate
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May 12th, 2022 2:58 am
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Budget 2022 and Real Estate Taxes: Residential Property Flipping Rule and HST on Assignment Sales
Residential Property Flipping Rule Residential properties which are sold after December 31, 2022, and which were owned for less than 12 months, will be deemed to be business income. This means the entire profit is included in one’s ...
- TorontoHSTRebates
- May 4th, 2022 10:31 am
- Forum: Real Estate
- Real Estate
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May 4th, 2022 10:31 am
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StatCan - Multiple-property owners own around 30-40% of property stock
Multiple-property owners own 31% of residential properties in Ontario In addition to their primary residences, multiple-property owners hold properties to receive rental income or for other investment purposes, or as a recreational ...
- berrytree
- Apr 22nd, 2022 3:42 am
- Forum: Real Estate
- Real Estate
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Apr 22nd, 2022 3:42 am
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Street Light location: Actual vs Property Survey
Hey RFD, Looking to see if anyone has ever pursued this I'm the second owner of my property, and when i look at the property survey (completed when the property was built in 2008), vs actual location of the street light, the location is off by about 3 - 4 ft This ...
- gq_fuzion
- Apr 18th, 2022 11:52 am
- Forum: Home & Garden
- Home & Garden
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Apr 18th, 2022 11:52 am
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Commissions for Selling Property
Got a quote in commission for selling my property3.75% for no staging4.20% with stagingIs this industrial standard or reasonable?
- lightspeed
- Apr 13th, 2022 12:00 pm
- Forum: Real Estate
- Real Estate
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Apr 13th, 2022 12:00 pm
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How were the RE investors able to borrow and buy a property each year?
To: existing real estate expert investors. I have seen investors who have normal income (ie: salary from 60k to 100k) buying 1 property every year or two years, How did they do it? How were they able to borrow from lenders to buy RE? Somenoe might say use refinance, but i tried but couldn't ...
- jiepie
- Apr 6th, 2022 1:37 pm
- Forum: Real Estate
- Real Estate
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Apr 6th, 2022 1:37 pm
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Property is CMHC approved, how likely mortgage denial by lender
The strata of the building where the property is located has an ongoing legal case against a contractor that worked on the building years ago. CMHC has no issue with the building, is it possible lenders would deny a mortgage based on that? And if so, why could they potentially do it?
- Vaza3D
- Apr 4th, 2022 5:49 pm
- Forum: Real Estate
- Real Estate
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Apr 4th, 2022 5:49 pm
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Advise on selling or keeping the existing property as I move to new
... I will be getting $4500 rent from Brampton house(basement + upper) and mortgage payment would be $4500(I refinanced it to buy for my next house). Property taxes are separate $500/month. This is with Variable mortgage rate of 1.7% as of today. Not sure if it's good to keep it or sell it. What's ...
- BeamerDreamer2000
- Mar 16th, 2022 11:30 am
- Forum: Real Estate
- Real Estate
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Mar 16th, 2022 11:30 am
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Opinion on detached property for sale in Mississauga (Meadowvale)
Hello Everyone: My fiance and I stumbled across this property for sale at 7085 Tamar Mews in Mississauga, it's currently listed for 999k but we noticed that a nearby identical house (7012 Tamar Mews) was sold for 1.25 mil just a couple of weeks ago. ...
- RadioDude
- Mar 13th, 2022 1:28 pm
- Forum: Real Estate
- Real Estate
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Mar 13th, 2022 1:28 pm
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Selling property - how to park money for 6 months
We've decided to sell our home and then just rent for a while. I understand the risks but this is not what the post is about ! I wanted to know. If we net 1.1M from the home sale, and leave it in the bank for about 6 months before I make a next move, how would you split the money? I'm thinking some ...
- Jumpityjump
- Mar 7th, 2022 2:16 pm
- Forum: Personal Finance
- Personal Finance
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Mar 7th, 2022 2:16 pm