Category: Financial Charges

The roller coaster real estate market has brought with it many "non-traditional" deals for Realtors Foreclosures have become more common (about 6% of LISTED properties in the OMREB, and much less common than in the United States) many Realtors have asked questions on how to sell these distressed propertiesThe first...

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By Peter Borszcz / Financial Charges, Mortgage, Sellers /

For sellers the essential bargain in a real estate transaction is "I give you my house, free an clear, and you give me money"The "free and clear" part is key, it means that the Seller is giving the Buyer title free and clear of all financial encumbrances on title A financial encumbrance includes things like your mortga...

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