| Subject | Date Asked | Expert |
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| non resident mortgage | 10/25/2009 | Cinzia Dalgarno |
Q: do you know if it is possible to get a mortgage on a property in Canada if you are a non resident? I ...
A: Non resident mortgages are indeed available. You will have an easier time of getting a mortgage as a ...
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| contract | 10/19/2009 | Derek Hamilton |
Q: I was selling my property in BC on my own and 2 months into it decided to also list with a realty. I ...
A: Check the listing. There may be an 60-90 day hold over clause in it. If so , you would have to wait ...
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| Purchasing a condo in Toronto by a foreigner | 10/6/2009 | Derek Hamilton |
Q: I have no Canadian citizenship (I'm Israeli) but I would like to purchase a condo in Toronto. I ...
A: Here is a contact for a Mortgage in Toronto. I hope she can help you. Tell her you have been talking ...
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| Purchasing a condo in Toronto by a foreigner | 10/5/2009 | Derek Hamilton |
Q: I have no Canadian citizenship (I'm Israeli) but I would like to purchase a condo in Toronto. I ...
A: There are many Condos on the market in Toronto ranging from $250,000 - $4,000,000 The first thing to ...
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| Purchasing a condo in Toronto by a foreigner | 10/2/2009 | Derek Hamilton |
Q: I have no Canadian citizenship (I'm Israeli) but I would like to purchase a condo in Toronto. I ...
A: Yes, You can purchase a Condo or any Real Estate in Toronto or anywhere in Canada. As far as getting ...
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| After Real Estate Contract Expired | 10/2/2009 | Derek Hamilton |
Q: After the contract has expired, do I have to wait a certain time before I can sell my house on my ...
A: You can do what ever you want after the listing has expired as long as they didn't come into the ...
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| foreign land | 8/20/2009 | Cinzia Dalgarno |
Q: The question I have is a bit confusing but Hope you are able to help me understand how this works. ...
A: A mortgage can be in a company name. The credit will be authorized, however, based on the strength ...
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| Mortgage after bankruptcy | 8/19/2009 | Cinzia Dalgarno |
Q: My husband and I are discharged (March 2008) bankrupts. We have been trying to get approval from ...
A: and I realized that with all the information I gave you, I neglected to actually answer your ...
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| oversea company buy condo/loft in Toronto,Ontario | 8/19/2009 | Cinzia Dalgarno |
Q: I'm interested in buying a condo/loft in Toronto,Ontario using my oversea company. What are the ...
A: If you register your company in Canada, then it is not really a "foreign" business. That is to say, ...
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| oversea company buy condo/loft in Toronto,Ontario | 8/18/2009 | Cinzia Dalgarno |
Q: I'm interested in buying a condo/loft in Toronto,Ontario using my oversea company. What are the ...
A: You will have a tough time finding a lender who will allow you to obtain a mortgage in the name of a ...
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| US Citizen buying condo in Quebec | 8/7/2009 | Cinzia Dalgarno |
Q: My wife and I would like to buy a particular condo in Quebec -- to lease out for a few years but ...
A: My computer is saying I didn't answer this question...but I have the copy of the answer on file, so ...
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| Mortgage penalties | 8/6/2009 | Cinzia Dalgarno |
Q: I currently have a CMHC insured mortgage and am just entering the 4th year of a 5 year term. We ...
A: Yes, you're right, CMHC did indeed have such a policy at one time; unfortunately, this policy was ...
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| Common-Law Purchase | 7/28/2009 | Cinzia Dalgarno |
Q: My question is in regards to ownership entitlements and obligations when two people are ...
A: Your situation is complicated legally. Firstly, if you were pre-approved for a mortgage, I fail to ...
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| Mortgage transfer | 7/23/2009 | Cinzia Dalgarno |
Q: I currently own two investment properties with a partner. We are interested in starting an LLC to ...
A: While not everyone on a mortgage must be on title, everyone on title must be on the mortgage (well, ...
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| CMHC mortgage insurace.... | 7/17/2009 | Cinzia Dalgarno |
Q: Last week friday we went into our local credit union for a mortgage on an acreage outside of town. ...
A: The bank has given you a pre-approval, and then after the fact, has indicated to you that there ...
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| CMHC mortgage insurace.... | 7/17/2009 | Cinzia Dalgarno |
Q: Last week friday we went into our local credit union for a mortgage on an acreage outside of town. ...
A: First, regarding CMHC: their policy states that one must have a minimum beacon score of 610, for 90% ...
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| Mortgage Rates | 7/13/2009 | Cinzia Dalgarno |
Q: My bank offered me 4.49% on my mortgage renewal. Is this a good rate? I really want the best rate ...
A: 4.49% is a fairly good rate at the moment. You could possibly get a rate as low as 4.09%, but that ...
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| acreage limit | 7/1/2009 | Cinzia Dalgarno |
Q: i live in the us and ive been looking at an recreational site on hunting grounds.is there a limit on ...
A: My apologies for answering you a bit late...I've been trying to get info from the U.S. Embassy here ...
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| Real Estate - Capital Gains | 6/30/2009 | Cinzia Dalgarno |
Q: I apologize if this is not your area of expertise but I thought I would ask you the question anyways ...
A: You're right, of course...my expertise lies in all things mortgages...but I've checked with a ...
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| transfering title deed on house | 6/29/2009 | Cinzia Dalgarno |
Q: NB Canada for a $1.00. We are both from US. What are the Canadian laws re: transferring title ...
A: My expertise lies in all aspects of obtaining a mortgage for a property in Canada...however, I have ...
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| mortgages | 6/25/2009 | Cinzia Dalgarno |
Q: I'm going to be moving to Alberta in September on a company transfer. I'm hoping to buy something, ...
A: You should start researching your mortgage options as soon as possible. Most lenders offer a 90 to ...
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| Mortgage License | 6/22/2009 | Cinzia Dalgarno |
Q: I work for a mortgage company based out of Houston, TX. Can we do business in Canada on our broker ...
A: Each province has different guidelines; in British Columbia, mortgage brokers are governed by the ...
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| Mortgage License | 6/19/2009 | Cinzia Dalgarno |
Q: I work for a mortgage company based out of Houston, TX. Can we do business in Canada on our broker ...
A: Unfortunately, in order to be a Mortgage Broker in Canada, you need to be licensed in Canada. If you ...
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| Non-resident property purchase | 6/18/2009 | Cinzia Dalgarno |
Q: My Canadian daughter is married to an American, both are working and living in California. We would ...
A: I've looked into this further. I have a lender who, given the client is a Canadian Citizen, and ...
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| pre-foreclosure | 6/9/2009 | Cinzia Dalgarno |
Q: I was wondering about trying to buy a house that was in pre-foreclosure. I have looked at a few ...
A: I should clarify first, that I am a Mortgage Broker. Thus, my expertise lies in helping you with all ...
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| Buying Property | 6/9/2009 | Cinzia Dalgarno |
Q: I'm considering buying property in Canada. How much should I pay?
A: I should clarify first of all that I am a mortgage broker, not a realtor. My first suggestion, if ...
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| Breach of Contract? | 6/9/2009 | Cinzia Dalgarno |
Q: I am a Canadian non resident. I have recently sold a house that was my principal residence from ...
A: First, I should clarify that I am a Mortgage Broker rather than a Realtor; my expertise lies in the ...
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| Buying and Renting Out A House | 6/2/2009 | Derek Hamilton |
Q: I am interested in buying a house (without selling my own), renovating it, and renting it out. How ...
A: Go to your Bank or Mortgage Broker and ask if you qualify for another Mortgage? They can tell you. ...
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| Purchasing abandoned land | 4/30/2009 | Derek Hamilton |
Q: I live in Toronto and there are a couple properties in my neighbourhood that have been vacant for a ...
A: If you know of a Real Estate Agent that works the area they can look up the owner through the ...
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| acceptable ceiling height | 4/2/2009 | Derek Hamilton |
Q: I am considering buying house in Ontario. The house dates from about 1984. It has been listed since ...
A: I'm concerned about this ceiling height? The min.height should be 8 Ft. Maybe the previous owners ...
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| Renting an Apartment in Ottawa | 3/20/2009 | Derek Hamilton |
Q: I am looking to move out of my parent's house to attend university in Ottawa. I would love to find ...
A: Hey Taylor, Your best bet would be to post a note at the University looking to share a house or ...
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| tenants | 2/7/2009 | Derek Hamilton |
Q: I'm interested in buying a house but it is rented to tenants and the lease is until 2010, and I was ...
A: If the Tenants have a Lease in place on the property you have to honour that Lease until it expires ...
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| closing rate in southern ontario | 2/2/2009 | Derek Hamilton |
Q: Bought new house by my friends and I with different closing dates. The first friend closed in Jan ...
A: Dechen, I will give you two Lawyer's names. Clarke Merritt Barrister & Solicitor 3300-20 Queen St W ...
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| closing rate in southern ontario | 1/31/2009 | Derek Hamilton |
Q: Bought new house by my friends and I with different closing dates. The first friend closed in Jan ...
A: Depending on the size of a Law firm and any unforeseen problems with the property, most Law firms ...
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| questions | 1/4/2009 | Alex Rodriguez |
Q: Rodriguez, I'm a student and I was hoping you could answer a few of my questions about your job. It ...
A: 1. Allot of marketing, building client relationships, soliciting referrals, ongoing education, etc ...
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| finance problems | 12/22/2008 | Alex Rodriguez |
Q: My wife and I purchased(went firm) on a property based on our realtor's advice before selling our ...
A: Sorry to hear you are in this bind. A couple of suggestions: 1. I would suggest to approach your ...
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| withdrawing our offer | 10/4/2008 | Alex Rodriguez |
Q: We were unable to get the financing we originally thought, so we told both the mortgage broker and ...
A: In order to get a final and accurate answer I would recommend you ask your lawyer. It depends on ...
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| re: property transfer | 9/20/2008 | Alex Rodriguez |
Q: My friend and I bought a property together a couple of years ago. It is time for us to part ways. ...
A: I am sure that you will/plan to get legal and tax advise before and during this change in ownership ...
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| Real estate market | 9/17/2008 | Alex Rodriguez |
Q: A friend of mine is wanting me to partner with him on 'Rent to Own' ventures. I have done some ...
A: All investments have a levels of risk. You need to asses what risk, if any, you can take before ...
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| First Home in Canada | 9/13/2008 | Alex Rodriguez |
Q: My common law wife and I are about to buy half a duplex in Nanaimo. My wife is a Canadian citizen ...
A: I am assuming that you are talking about the Government of Canada, First Time Home Buyers Plan. If ...
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