As a spokesperson for SimpleClosings.ca noted, the real estate law firm focuses on the purchases, sales and refinances of residential and commercial real estate.
Because the team from SimpleClosings.ca understands that many people have busy schedules and cannot always make in person appointments during regular business hours with a traditional real estate lawyer, they are proud to offer around the clock service with their virtual option.
“We are an amazing team that offers personalized and affordable service that accommodates all clients,” the spokesperson noted, adding that the staff speaks a wide variety of languages to fit the needs of their individual clients, ensuring that everybody is able to understand the unique complexities of each of the closing transactions on their property, from the mortgage, term of the loan and interest, to any lien issues, private lending or refinance options.
“We pride ourselves on a deep tradition of excellence, ensuring only the highest quality of service is provided to our clients.”
SimpleClosings.ca’s commitment to their services and clients extends beyond their affordable and transparent rates without any hidden charge, as they work 24/7 to provide exceptional service.
Because SimpleClosings.ca focuses on real estate law, clients can rest assured that their real estate transactions will be completed correctly, on time, and without any errors, by a highly knowledgeable lawyer. In addition, SimpleClosings.ca is proud to offer competitive pricing with the market, as well as a price match guarantee-all with no hidden costs.
“Buying or selling real estate is already a complicated and stressful time, you don’t need the added stress of an incompetent lawyer or mortgage brokers making mistakes,” the spokesperson noted.
About SimpleClosings.ca
SimpleClosings.ca is Real Estate Law firm that specializes in transactions that include purchasing, selling and refinancing their clients’ properties. While the firm has multiple locations across the Greater Toronto area, they also offer virtual services to accommodate all their clients across Ontario. They pride themselves in using their years of expertise in the Real Estate field to make transactions simple for their clients, leveraging their relationships with real estate agents, lenders, and title insurance companies. For more information, please visit https://simpleclosings.ca/.
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Wasef Ahmad, JD [email protected]
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North York, Ontario, Canada
M2N 5P6
TORONTO – One expert predicts Ottawa‘s changes to mortgage rules will help spur demand among potential homebuyers but says policies aimed at driving new supply are needed to address the “core issues” facing the market.
The federal government’s changes, set to come into force mid-December, include a higher price cap for insured mortgages to allow more people to qualify for a mortgage with less than a 20 per cent down payment.
The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.
CIBC Capital Markets deputy chief economist Benjamin Tal calls it a “significant” move likely to accelerate the recovery of the housing market, a process already underway as interest rates have begun to fall.
However, he says in a note that policymakers should aim to “prevent that from becoming too much of a good thing” through policies geared toward the supply side.
Tal says the main issue is the lack of supply available to respond to Canada’s rapidly increasing population, particularly in major cities.
This report by The Canadian Press was first published Sept. 17,2024.
OTTAWA – The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely stuck in a holding pattern despite borrowing costs beginning to come down.
The association says the number of homes sold in August fell 2.1 per cent compared with the same month last year.
On a seasonally adjusted month-over-month basis, national home sales edged up 1.3 per cent from July.
CREA senior economist Shaun Cathcart says that with forecasts of lower interest rates throughout the rest of this year and into 2025, “it makes sense that prospective buyers might continue to hold off for improved affordability, especially since prices are still well behaved in most of the country.”
The national average sale price for August amounted to $649,100, a 0.1 per cent increase compared with a year earlier.
The number of newly listed properties was up 1.1 per cent month-over-month.
This report by The Canadian Press was first published Sept. 16, 2024.
MONTREAL – Two Quebec real estate brokers are facing fines and years-long suspensions for submitting bogus offers on homes to drive up prices during the COVID-19 pandemic.
Christine Girouard has been suspended for 14 years and her business partner, Jonathan Dauphinais-Fortin, has been suspended for nine years after Quebec’s authority of real estate brokerage found they used fake bids to get buyers to raise their offers.
Girouard is a well-known broker who previously starred on a Quebec reality show that follows top real estate agents in the province.
She is facing a fine of $50,000, while Dauphinais-Fortin has been fined $10,000.
The two brokers were suspended in May 2023 after La Presse published an article about their practices.
One buyer ended up paying $40,000 more than his initial offer in 2022 after Girouard and Dauphinais-Fortin concocted a second bid on the house he wanted to buy.
This report by The Canadian Press was first published Sept. 11, 2024.
