Downtown Toronto condo market still poised for long term growth

Most experts are worried about the long term condo market in downtown Toronto. They see all the cranes and ask where are all the buyers coming from? And they think that everyone is buying with 5% down and that the … Continue reading

Pros and Cons for Selling Assignments As Opposed to a Resale

Note that the ‘first buyer’ is the one who bought from the developer and is now the seller who is selling the assignment. The ‘second buyer’ is the buyer in this transaction. PROS AND CONS TO SELLING BEFORE REGISTRATION – … Continue reading

What is an assignment?

BUYING A CONDO BY WAY OF ASSIGNMENT Most people who buy a condo take ownership through the Land Registry System. Just before the day of closing, you transfer money to your lawyer and if you need additional funds via a … Continue reading