Mike A.
Will a bank cancel an approved mortgage/CTC due to Coronavirus
We received a CTC on a property a couple of weeks ago and we're awaiting the seller to set a date. The lender, traditional bank, issued a cleared to close to our attorney at that time. Can the bank now cancel the mort...
Roy N.
Further Bank of Canada warning on housing market
This is the third such statement from the BoC in the last quarter. Bank of Canada says housing, debt threaten financial systemBut the many, many homeowners, investors and pendants who have drank from the fountain of "...
Kimberly S.
Now Is the Tiem to Buy
The following article was posted in CNN Fri Dec 2, 2010. I have to say as a casual observation, that in Warwick NY we are seeing an uptick and buyers walking into the office. Many are still sitting on the fence, but ...
Account Closed
US v. Canada House Prices. A Widening gap. Canadians may apparently be upset about this
In terms of the widening gap between US and Canadian house prices since 2006, this seems to be a strange economic phenomenon. It is almost as if the US prices are artificially suppressed as both markets appear to have...
Rance Craig
Capital gains (sorry if repost)
Hi,I am in the process of selling a rental property. this was formerly my primary residence (3 of past 5 years) and has been rented for 2 years. it is paid off and I will net around $130k prior to taxes. my household ...
Kyle J.
Section 8 may not be as recession proof as some think
So I've seen a few posts on here recently from some users saying we should all have Section 8 rentals because they're essentially guaranteed rents and recession-proof. Now I'm neither for or against Section 8 rentals...
Richard McRae
Applying Supply/Demand Analysis to Your Investment Decisions
The best investment advice I can give to newer investors can be boiled down to one item: PREPARE. One can hardly pull the trigger with any confidence if you don’t know your market well. Without this knowledge, you w...
Maceo D.
Insurance Coverage
Hello, I am trying to get quotes for insurance on my first rental property and want to get opinions on what I should get. This information comes from USAA if that matters. I am doing mid-range deductibles (I see...
Denise G.
Property owners in CA forced to reduce rents by 25%
Here we go again:https://caanet.org/votervoice/
A new legislative proposal in response to COVID-19 would force every rental property owner in California to reduce rents by 25%.
AB 828 by Assemblyman Phil Ting igno...
Edita D.
Why such high vacancy rates in Pittsburgh?
Hey guys! I am researching Pittsburgh's economy and housing situation to better understand where the region is headed.I found out that Pittsburgh has high vacancy rates. I wonder why that is... Is it the oversupply of...