Starting May 16th when a realtor, writes up a contract, by law a clause needs to be included stating if the contract is assigned prior to completion, without the seller’s consent, then any profit, make under the assignment goes back to the original seller. The seller can also instruct realtors, to remove or amend this clause.
For the full story view: http://www.mortgagebrokernews.ca/market-update/new-rules-on-flipping-introduced-by-bc-as-of-next-week-207164.aspx
South Surrey/White Rock Real Estate Update
Brought to you by:
Dave, Cindy and Amanda Walker
The Walker Real Estate Team
19 Year Emerald Medallion Members
HomeLife Benchmark Realty
#1 1920 152 Street
South Surrey, B.C. V4A 4N6
604-889-5004 or info@WalkerRealEstate.ca
Kimberly Walker, Mortgage Broker
Cindy Walker, Licensed Assistant
14 Years Mortgage Experience
Dominion Lending Centers
Valley Specialists
#111 20434 64 Avenue
Langley, B.C. V2Y 1N4
604-889-5004 or cindywalker@shaw.ca
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