Category: Closing Complications

Seller’s Remorse in Kelowna Real Estate; Can a Seller back-out?

By Peter Borszcz / Closing Complications, Common Questions, Sellers / Closing Issues, Distressed Property, kelowna lawyer, Kelowna Notary, kelowna real estate lawyer, Seller Can't Complete, Seller Refusing to Complete

In the last few weeks the Kelowna Real Estate market has seen a dramatic increase in sale activity (see OMREB stats here) and in some sectors of our market (particularly single family homes under 500k) signs of a "Sellers Market" have begun to emerge (see my January post here)The rather quick shift from a Buyer's M...

Buying Foreclosure Properties in Kelowna, British Columbia

By Peter Borszcz / Buyers, Closing Complications, Foreclosure / kelowna lawyer, Kelowna Notary, kelowna real estate lawyer, Masters Chambers, Order Approved Sale, Order Nisi, real estate investor, real estate transactions

By: Peter Borszcz, Real Estate Lawyer, Montgomery Miles & Stone Law FirmIrrespective of economic conditions, foreclosure properties are often viewed as a “deal” for the savvy real estate investor However, courts in British Columbia have a duty to ensure that foreclosure properties are being sold as close to the...