604.889.5004

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Written on February 11th, 2016

South Surrey/White Rock Real Estate and Mortgage Update

Flipping properties, has been a hot topic on the news. In our real estate board contracts, there is provision for assigning contracts to another party.

It has not been a worry, until this real estate frenzy came to be. At our office, to prevent any possible illegal or unethical behavior, we simply write in the contract with the seller’s authorization, that the contract is not assignable. Therefore the name and address on the contract, must be the same that is on the transfer documents at completion

http://www.mortgagebrokernews.ca/market-update/bc-real-estate-superintendent-has-been-soft-on-flipping-203002.aspx

 

Keeping you informed.

 

Dave, Cindy and Amanda Walker

Walker Real Estate Team

HomeLife Benchmark Realty

604-889-5004 or info@WalkerRealEstate.ca

www.WalkerRealEstate.ca

 

Cindy and Kimberly Walker

604-889-5004 or cindywalker@shaw.ca

www.WalkerMortgages.ca