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Buyer Brokerage Agreements

A reader asked me to comment on our blog about an article on Garth Turner’s blog discussing Buyer Brokerage Agreements (or Buyer Representation Agreements as they are referred to in Ontario).  While he hit some important points in his article, he obviously left a few out, or perhaps just doesn’t know the history behind it enough to have included them. In any [...]

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Paperwork Rant

Most of the problems I see related to potential agent misconduct, from outright fraud to simple mistakes, is almost always exacerbated by the client or injured party not having copies of the documents they signed. These agents know who they are and if I could boot them out of the industry I would. Sometimes it’s a matter of them [...]

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Alberta Home inspectors regulated as of today!

For several years on this blog I have been preaching that getting a home inspection is a really good idea, but I have also lamented that inspectors were not regulated and that this was creating some issues especially with the less scrupulous inspectors.
Well as of today that is no longer the case as Service Alberta has come down with the [...]

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CREA VS The Bureau…Much Ado about nothing

It’s official, CREA (Canadian Real Estate Association) ratified an agreement with the competition bureau on behalf of its members. I’ve been mum on the subject here on the blog, up until now.
Propertywire.ca reported yesterday that the winds of change were blowing in St John’s where CREA had its meeting.  They go on to say that "at the very least [...]

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Title Insurance VS Real Property Reports

This is the third in a series of three articles written by guest author Stan Galbraith of Galbraith Law. The series includes Real Property Reports, Title Insurance, and Real Property Reports vs Title Insurance. The first article in this series contained a discussion of the full ambit of Real Property Reports (RPR).  In summary, they provide certainty as to all exterior matters such as [...]

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Title Insurance – What is it and how does it help me?

This is the second in a series of three articles written by guest author Stan Galbraith of Galbraith Law. The series includes Real Property Reports, Title Insurance, and Real Property Reports vs Title Insurance. Within the last 10 years, a new insurance product has arrived in Alberta.  It is commonly referred to as title insurance.What is title insurance? This product was never available [...]

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The Real Property Report: What is it and why do I need one?

Guest author Stan Galbraith of Galbraith Law is back! Earlier this year, Stan did a great series of articles for the Edmonton Real Estate Blog on foreclosures. He is back with a series on Real Property Reports and Title Insurance. This is the first of three articles in the series:What is a Real Property Report (RPR)?  And what purpose does it serve in a [...]

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Edmonton Foreclosures 101: Buying a Foreclosure Property

This is the fifth and final post in our series on foreclosures written by Stan Galbraith of Galbraith Law. The previous parts in the series were Foreclosures Part 1, The Redemption Period, Court Ordered Sale and Mortgage Insurance.Buying a Foreclosure PropertyBuying a foreclosure property is a complex endeavor. Four points to remember:The court is the seller.The court has never owned or [...]

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Foreclosures 101: Mortgage Insurance

This is the fourth in our series on foreclosures written by Stan Galbraith of Galbraith Law. The previous parts in the series were Foreclosures Part 1, The Redemption Period and Court Ordered Sale.Mortgage InsuranceThe only time the courts issue an order for foreclosure is when there is little or no equity in the property. Even then, it is only done when the [...]

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Edmonton Foreclosures 101: Court Ordered Sale

This is the third in our seris on foreclosures written by Stan Galbraith of Galbraith Law. The previous parts in the series were Foreclosures Part 1 and The Redemption Period.Court Ordered SaleOnce the redemption period expires the court will issue an order directing the sale or other disposition of the property. This is the point at which the owner has [...]

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