Ridout Barron

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Posts tagged "Real Estate"

Can a purchase agreement on residential real estate be cancelled?

Purchasing a dream home in Alberta can be an exciting experience, and submitting an offer to buy could be one of the most significant decisions anybody will make. But what would the options be if there are issues with the house or the finances that cannot be overcome? Once both the seller and the prospective buyer have signed the offer to purchase real estate, it becomes an agreement that is legally binding and enforceable.

Real estate fraud catches many Alberta residents unawares

Buying, or renting a condominium or home in Alberta is typically an exciting experience, but unanticipated pitfalls exist. Sadly, real estate fraud is becoming more and more prevalent, and being aware of the tricks scammers use might prevent such incidents. Consumers must look out for red flags that might indicate title fraud, mortgage fraud and online property sale or rental scams.

Real estate agent commission can be saved when selling your home

Anyone who sells a residential property in Alberta would naturally want to get as much money as possible for it. Having to share the proceeds with a real estate agent can make a significant dent in the financial outcome of such a transaction. The entire process can be navigated with the support and guidance of legal counsel.

Real estate issues are just part of acquiring a business

The first thing to do when acquiring a business in Alberta is to decide whether to start a new venture, buy an existing business or purchase a franchise. Along with the cost to acquire commercial real estate, the running expenses, projected returns, the value of the time and attention it will require must be considered. Knowing and understanding how the business will meet the goals of the purchasers will improve the chances of success.

Purchasing residential real estate needs careful planning

Anyone in Alberta who plans to purchase a home will need to consider various issues before signing a sales agreement. This is true regardless of whether it involves residential real estate or commercial property. Potential buyers need to plan ahead and focus on some essential steps.

Holdbacks And Lien Funds

In previous posts in this series, we defined construction liens, then looked at registering liens, and preserving and enforcing liens. In this post, we’ll examine holdbacks and lien funds. They are distinct yet related to each other. These constitute the monies owners must keep in reserve or pay to remove liens from the title to the lands.

Homebuyers’ heartfelt letters persuade homeowners to sell

In an era of high demand and higher bids for homes, buyers who write warm personal letters to sellers often win the bidding war and buy the house they want. This is a growing trend that some realtors say ‘must’ be part of an offer if a buyer wants to have any hope of purchasing the property.

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Ridout Barron

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