Martels Blog

How to make your investment property more affordable …for you

I recently looked at the government’s substantial revenue stream from investment properties and realized that government has an affordable housing ...

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Has Spring Sprung Early in Ottawa’s Resale Market?

Members of the Ottawa Real Estate Board sold 1,421 residential properties in February through the Board’s Multiple Listing Service® System, compared ...

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Canadian home buyers face record listings shortage to begin 2022

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales remained historically high in December 2021, as ...

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Would a ban on blind bidding make homes more affordable?

Several pledges by the Liberals concern the housing market in Canada. Among other things, the party declared that a ban on blind bidding during real ...

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Reviewing a Builder’s Agreement of Purchase and Sale

Builders appear to have all the bargaining power and individual purchasers interested in new subdivisions or condominiums are seemingly at their whim. ...

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How to win a bidding war

The strength of this sellers’ market is unprecedented in my 35 years in real estate.

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What price to offer in multiple bid situations?

There is an array of numbers to consider. The asking price carries little importance except how many buyers will be attracted to the property.

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Misrepresentation in square footage leads to rescission of Agreement of Purchase and Sale

The APS was signed and shortly before the scheduled completion date, the buyer received an appraisal of the property ...

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How agents kill deals over home inspections

Here is how home inspection conditions should be handled. Do not misunderstand what I am about to say – there are circumstances where the buyer should ...

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Unconditional offers to buy are binding, appeal court rules

In a recent case called Perkins v. Sheikhtavi, the Ontario Court of Appeal reinforced the idea that there is generally no “escape hatch” once you ...

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