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Recently I closed a Private second mortgage on two of my
Second Opinion] Recently I closed a Private second mortgage on two of my properties under a blanket mortgage, and the lawyer has charged 4 months interest penalty instead of 3 months as per the commit… read more
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We put an offer on a house, that was accepted about three weeks ago or so. We are closing on April 8th. We got a call on Friday, March 19 at 4.45pm that a fire have happened at the property and there was significant damage done that rendered the property inhabitable. The seller is adamant that we either walk out of the deal OR we close the property as is, and we can take the insurance proceeds (if any). The seller is being very uncooperative and refusing an extension for the closing. We have asked the seller for an extension to figure out whether there will be insurance payout/repairs or not. Also, would we be eligible for insurance payout/repairs after closing. We cannot close as the bank will not mortgage the property anymore nor we can get insurance for the property. Also, the seller is not willing to reduce the price of the property, nor accepted to put some money aside from the sale in a trust-fund that we will be entitled to incase there is no insurance payout. We feel that we're being forced to walk out of the deal even though we want the home. What are our legal rights in this case? What can we do? Your help is highly appreciated. Thanks Ramiz(###) ###-####… read more
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I would like to inquire about the private mortgage broker
I would like to inquire about the private mortgage broker and lender issue … read more
Debra
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There is a writ of seizure and sale attached to my house
there is a writ of seizure and sale attached to my house from a creditor. he is not a mortgage holder . if i sell the house there might be $15,000 left after mortgage payout and closing costs. would t… read more
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I live in Alberta - I am in the process of working through
I live in Alberta - I am in the process of working through my divorce. We opted to go through a collaborative process and avoiding court. My spouse and his lawyer are pushing for spousal support - I a… read more
Debra
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Can a business property be purchased with a down payment
Can a business property be purchased with a down payment lump sum and a payment plan be made between the buyer and seller for the remainder of the balance? The seller has agreed to this proposition, b… read more
Debra
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I have a piece of residential land at Windsor, Ontario,
I have a piece of residential land at Windsor, Ontario, Canada which a builder wants to buy for a price of $295,495. He would put in a deposit of $1,000 to seller's realtor's trust while signing the a… read more
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My ex husband wants FRO costs to be paid by me. It is
My ex husband wants FRO costs to be paid by me. It is 1,000.00. He can't obtain this from me because the judge did not order it. However he says he is going to put a lein on my house if I don't pay hi… read more
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My bank called me up to come in and renew my mortgage early.
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I had a business loan for $40,000 with TD Canada trust. I was
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I want to pay out the following mortgage in total this month
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I was married for 9 years . I moved my children, gave up my
I was married for 9 years . I moved my children, gave up my job, house, and moved to Toronto in 1991. My husband is a top lawyer. I spent 9 years looking after him in the home, and his children when h… read more
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This is a very abridged version of a very complex situation.
This is a very abridged version of a very complex situation. I am looking for a very preliminary opinion of the proposed course or action. The facts are very strong and supportable with extensive docu… read more
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We are trying to close our 2nd mortgage as our term is up.
We are trying to close our 2nd mortgage as our term is up. Our previous broker is trying to charge us 39,000 in penalties for a 45000 mortgage. We have already paid over 30,000 in weekly payments over… read more
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I am going thru a separation. Our matrimonial home was purchased with money borrowed from my inlaws. We have a legal document stating they had a interest free mortgage pay on demand. We have been payi… read more
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recently i purchased a used park model travel trailer. the
recently i purchased a used park model travel trailer. the park in which the trailer was in was closing. it had a sun room attached as well as a huge roof that was built over the whole thing .upon pur… read more
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My question is regarding child support. I have a court ordered
My question is regarding child support. I have a court ordered agreement for monthly payments for child support. My ex and i have agreed on a lump sum payment,to payout all child support up to the end… read more
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