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Recent content by RobAllan

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    Snow removal and your tenants

    <H1 style="BACKGROUND-POSITION: left 0.1em; PADDING-LEFT: 20px; FONT-SIZE: 1.4em; BACKGROUND-IMAGE: url(/navimages/icon_redbox.gif); BACKGROUND-REPEAT: no-repeat">Hi all. I came across this recent article in Canadian Underwriter and wanted to share this with you. You will note the article...
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    Vendor facing large mtg penalty at closing

    Hi Gary: In this particular situation, the mortgage is not assumable. I had considered that option as well.
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    Vendor facing large mtg penalty at closing

    I`ve done a forum search but came up empty. Anyone address this in a past purchase? Property is a SFH; there is presently an accepted offer subject to certain conditions however the vendor has retained the right to consider other offers (with the original buyer having 48 hrs to match and waive...
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    Keeping Seller on as Tenant

    Randy: We purchased a 12-plex in 2004 from a group of 6 partners; one of whom lived in the unit. He maintained his unit and offered to act as property superintendent which we agreed to initially on a trial basis. Fast forward to 2009, he still rents in the building and continues as...
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    insurance assessment vs. MVA

    QUOTE (housedoc @ Feb 1 2009, 09:02 AM) Here`s my situation. City `valuation` for taxation purposes ~$485,000. Insurance `valuation` (replacement cost?) $635,000 (+$63,500 for detached garage) = ~$700,000. So.... city valuation = lower taxes insurance valuation = higher premium Is the...
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