The Risks of Buying A Home With An Unconditional Offer
In a seller’s market, there is keen competition for homes in many price brackets. Buyers are anxious and worried about losing a bidding war on a seemingly perfect property. Furthermore, the heated market may cause buyers to feel pressured to make an unconditional offer. No inspection. No financing condition.
No Will?…Then What is Your Spouse Entitled To?
I have recently been concerned by the number of people that assume that their spouse will receive their entire estate should they die without a will (also called dying “intestate”). However, as we will briefly explore here, that will not necessarily be the outcome.
It Pays to Keep Your Will Updated
Karen Christiansen (“Karen”) found out the hard way why it’s important to keep one’s will updated, especially when important life events occur. In MacLean Estate, 2009 BCSC 1159 (CanLII), the Supreme Court of British Columbia ruled that a will executed by Gordon McLean (“Gordon”) at the time he was cohabiting with and engaged to Karen […]
Maintenance Advice for Your New Home
After taking possession of a new home, there are some maintenance and safety issues that should be addressed immediately. The following checklist should help you undertake these improvements: -Change the locks on all exterior entrances, for improved security. -Check that all windows and doors are secure. Improve window hardware as necessary. Security rods can be […]