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Under a POS or foreclosure it is imperative to be disclosed as there is a good chance that the owners failed to maintain the property. Under a divorce scenario this failure to maintain the property is signficantly less likely and therefore it is not needed to be disclosed.

You cannot limit transparency. If you do, who gets to decide what is disclosed and what is not disclosed? This leads to a manipulated market. There is a buy and a seller, and for a transaction to be concluded both must agree on terms. You might not like the terms they have agreed upon but...

With your first counterpoint I would agree that it is possible that our productivity may have improved and closer to that of the US, but I do not believe that will be sustainable. Simply do the sheer size of US companies and their markets, their efficiences cannot be matched, as they are able...

Most tar sands crude is trading selling for $50/barrel. Wages are paid in CDN $. These wages are similar in the US. Difference is, Bakken Oil is better quality and getting higher price. NG is going for under $3/mcf CDN. Alberta is running deficits. Ontario: Running massive deficits...

I think its safe to say that in Canada we at a saturation point in terms of home ownership. I believe we are at 70%, which historically is near or a new high. Best case scenario for the housing market in Canada, is a slow re-adjustment in prices. For the first time in a long time...

Maybe in terms for speculators needing to sell. Its tough to see speculators investing in our RE market going forward, though. The numbers keep getting worse. So all in all, this will simply help with the soft landing theory. For those needing housing, rates remaining the same would...

I apologize for that statement, what I meant to say is that in the end after all the homes you move in and out of, and all the expenses that come with living in a home you will never ever be ahead. The sun shines on every dog's a$$. The road is long, and the more moves you make the greater...

Congrats Willy on the sucessful investment. Would you be able to do me a favour and list all the costs, fees, taxes, upgrades, funishings, heating/hydro, pruchase/sell price, location, etc. relating to living and owning the property? Also what/where did you buy now? I dont doubt you...

Lets be realistic... both options suck a## when you try to look at it from a numbers, or business perspective. You are simply paying for shelter, there is no money to be made in buying a condo or home. You simply need to figure out what works for you. Period end of story. The only people...

Jayomatic is right. Eventually property prices will ALWAYS revert to the inflation adjusted price. Market sentiment is NEGATIVE. People with jobs will not be asking for raises. Condo inventories are EXTREMELY HIGH. Houses are not selling, listings are going up. Lending is getting tighter...

I like the idea of Manulife One. I think thats the best way it you want to pay-off your mortgage as quickly as possible. Yes I know the rate would be higher than a variable mortgage, but overall interest paid would be less.

I've heard the same thing. I believe its due to their US operations.

So the people that have been patiently waiting for prices to drop are now going to change their behaviour and create a buying frenzy. Sure. More likely scenario will be prices will revert to the mean, and stay there until the majority of speculators have turned their properties over to home...

Doubt it. Once momentum changes housing prices will be the last thing to start creeping back up. Its gonna take 5 - 7 years to build a base before we start hitting new highs. Your gonna have to see the stock market recover, employment return, and real GDP growth. Then you'll see the housing...

Just read toronto housing prices down 6% YOY. Only 3% in the GTA. Its about time.

Thanks for the info everyone! I would like to move in spring time, so re-sale is the direction im heading in. I dont expect for the price range im in to have an unobstructed view of the lake, but I would like to have some sight lines of the lake, prefrably south, sw location.

Hello everyone, I was hoping I could get some insight into the area and specifically on a few condos. I've been eyeing the Grenadier Landing, Explorer, and Player's Club condos. I would prefer to be on Marine Parade, with a half decent view of the lake. I'm not too concern about amenties, but...

Sorry about that. Thanks.

Hello everyone, I was hoping I could get some insight into the area and specifically on a few condos. I've been eyeing the Grenadier Landing, Explorer, and Player's Club condos. I would prefer to be on Marine Parade, with a half decent view of the lake. I'm not too concern about amenties...