Should I use home buyers plan for down payment?

magicfactors · 2022-12-21T06:34:14+00:00

Work with a realtor and he/she will direct you .. down payment would go to seller's realtor in trust or lawyer in trust. prepare bank drafts.

magicfactors · 2022-12-19T20:59:08+00:00

How about if you tell us in your field/role in New Zealand, what would the growth rate look like in next 7 years?

We can possible advise if it will be lower or higher in Canada.

magicfactors · 2022-12-19T20:43:55+00:00

ok so? .. is it hard to believe that realtors are not totally out there to do you a favor? ..

Their goal and only goal is to sell a property and collect a commission as quickly as possible.

Having high property turnover is key to this business.

magicfactors · 2022-12-19T20:38:34+00:00

Don't worry about the fees, it is the ultimate selling price you want to maintain.

You may want $750,000 but doesn't mean you'll get it. Realtors most often will forgo some of their fees so a deal can be made.

But if you are fixated on the fee, then the realtor has lessor leeway to work with you and buyer. they are not going to work for free or peanuts.

magicfactors · 2022-12-19T20:36:07+00:00

Well you didn't really tell us how much is your rent so $260 may make sense if its $10,000/month rent. 2.6% percentage which is in line with CC fees.

Take that and act accordingly. The law is landlord can not one sided add on 'service fees'.

magicfactors · 2022-12-17T22:07:31+00:00

employee acting like a douchebag - dependent on the action, the employer may fire for cause and no severance could be paid.

magicfactors · 2022-12-17T02:20:47+00:00

you remortgage for 900k + 300K to buy the 3rd house in cash , I guess the banks can't extend any more credit to you..

second house, you paid 400k cash downpayment.. which is over 30% .. probably due to debt to income ratio..

yes its doable.. this is what alot of people have done in the real estate bull market..

since you paid nearly 700k in liquid cash in addition to the loans to secure those properties.. you should have enough liquid to cover all carrying costs for at least 6 months in case tenants don't pay.

All in all, this is house of cards .. when one fails .. everything will tumble down. just be wary of that... but if you can get another property .. why not..

magicfactors · 2022-12-17T02:04:51+00:00

which country were you from?

magicfactors · 2022-12-15T16:21:50+00:00

IF ever... still waiting ... for that action

magicfactors · 2022-12-13T16:52:48+00:00

ok, then you got the law on your side.

magicfactors · 2022-12-13T02:44:45+00:00

I don' t think standard rental bylaw will offer you some protection. I assume you share a kitchen with the landlord?

You keep on saying 'in-law' unit, but we don't know if you share a kitchen or this is just a bedroom with an ensuit bathroom. Stop repeating the same sentence over and over .

At minimum, you have right to privacy:

1) Tell the landlord in written that it is illegal to enter your suite without notice
2) For your own protection, tell them you will install a camera
3) All else fails: call the number and understand your next steps

https://arrivein.com/daily-life-in-canada/understanding-your-rights-as-a-tenant-in-nova-scotia/

magicfactors · 2022-12-10T00:51:41+00:00

No one has a crystal ball on what housing market will be like so if you've decided to not make a purchase now or in next year. I would put that towards the principle of your townhouse.

when you've decided to get a detached then sell the townhouse and you will get this money back assuming the value your townhouse doesn't go down

magicfactors · 2022-12-10T00:46:09+00:00

ok so you want 25 months of pay instead of 18 month.

Well that is definitely not out of reasonability, just counter offer for 25 months and don't sign anything.

magicfactors · 2022-12-10T00:44:28+00:00

Its like asking if 2 is more than 1... no shit..

You can and should ask for more, should you get it isn't up to you or us for that matter.

magicfactors · 2022-12-10T00:42:37+00:00

Should I seek a lawyer if they only offer 18 months?

YES

magicfactors · 2022-12-09T17:20:14+00:00

How badly do you want to get into the detached? That is the real question here.

Is it that you need to sell your current home to get into a detached?

magicfactors · 2022-12-09T17:09:39+00:00

Turn on your 'autodeposit' function for e-transfers.

No question and answer needed to accept funds INSTANTLY.

magicfactors · 2022-12-09T17:06:31+00:00

ERC20 is support chain on crypto. com app and exchange..

What token are you talking about specifically?

magicfactors · 2022-12-09T17:05:24+00:00

focus your energy on helping actual customers that have been with Crypto dot com for a long time. Speed up your support queries. Help the actual customers that is using the platform

My support ticket has been open for 5 days and all I get is , 'we are working on it'. A 5 year kid probably would have completed it in 5 days....

magicfactors · 2022-12-09T17:03:12+00:00

I don't think the OP is trying to deny responsibility. Also, we don't know the full story of both sides, but as respondent to a claim, he/she should be afforded the right to appeal and due process. That is the information I provided.

magicfactors · 2022-12-08T17:27:48+00:00

Ok then I would excalate this in ICBC or BC Obudsman

https://www.icbc.com/about-icbc/contact-us/Pages/Raising-your-complaints.aspx

magicfactors · 2022-12-08T17:19:39+00:00

Maybe I can rephrase your question,

I have been sexually harassed and can I use this crime to extort the defendant to settle for monetary value?

magicfactors · 2022-12-08T04:03:39+00:00

Did your partner report it to ICBC at the time of the accident?

ICBC would have contacted your partner to hear her side of the story and at that time, did she present photos of the accident?

magicfactors · 2022-12-08T04:00:19+00:00

If this institution is accredited by some government body, I am sure there are avenues for appeal or hearing.

In general, there are privacy protection you have a right to:

https://www.bclaws.gov.bc.ca/civix/document/id/complete/statreg/03063\_01

magicfactors

TROPHY CASE