Canadian Real Estate: July 2012 Archives

Not really Kingston related, but relevant to our Market. Prior to 2008, Firstline Mortgages was a very popular and competitive choice for clients. It was the Mortgage Broker brand of CIBC, and offered lower rates than CIBC, which was always kind of interesting. Of course, a few other major banks did the same thing. See the Globe & Mail link below:

This article has come very good advice concerning "Non-Resident" sellers of property in Canada and the tax implications that could delay or void a sale. The article is referring to offshore condo investors, which is not so much a large issue here in Kingston. We do run into this in the Recreation/Cottage property market, and mostly with our American friends.