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Registraton Of Offers - suggested to reduce 'phantom' Offers

It has recently been suggested that all offers be registered with either a local Real Estate Board or provincially assigned agency. The purpose is to reduce the so called 'Phantom' Offers.  These are the 'offers' that a listing agent may tell you are coming in on a property just as you tell them you are preparing an offer, with the intention that you raise your offer.  By making some of ...
Posted by Stephen Ord on June 20, 2008

Mortgage Broker or Your Bank ?

The days of the mortgage broker who charges an arm and a leg just to get you financing are gone.  No longer is the mortgage broker a last resort source of financing.  So why would you see a mortgage broker instead of your family banker? Lower rates - even if you know your bank's loan officer, a mortgage broker can usually get you a better rate. Mortgage brokers can be more flexible ...
Posted by Stephen Ord on June 20, 2008
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