A filling system with a series of documents in support of and in evidence of past conduct.
A portion of an interest, right or obligation that is released. In mortgage, discharge of some portion of the mortgage lands usually given after the mortgagor has prepaid a specific portion of the mortgage debt.
A sum of money paid to a lender for the privilege of prepaying a mortgage in part or in full.
All property except land and the improvements thereon.
Principal and interest due on a mortgage.
Principal, interest and taxes due on a mortgage.
Point of Commencement:
A known point in a land description used as a reference to precisely delineate real estate by means of metes and bounds description.
POLARIS stands for Province of Ontario Land Registration and Information System's new simplified method of registration of transfer, charge, discharge, etc.
A mortgage that can be transferred from one property to another. This is particularly useful if you sell one home and buy another.
In real estate, the date upon which the buyer or tenant obtains the possession of the property.
The right to prepay specified amounts of the principal balance. Penalty interest may be incurred on prepayment options.
Unless it is open, the mortgage may not be paid off before the Maturity Date without paying a Prepayment Penalty. The calculation of the penalty can be complex and it would be good idea to talk to your Mortgage Specialist.
The residential property which the borrower occupies as his or her main residence on a continual basis.
The amount of money actually borrowed (money owing to the lender at any time).
If you currently own property and are thinking of placing it on the market, get informed about preparing your home for sale, pricing your property appropriately, marketing it effectively and learn everything you can about sale process so you can maximize your chances. Read more...
Color can make a big impact on the appearance of any room and at the same time is one of the easiest things to correct if you are not totally satisfied. They make difference and affect the way how we see space around us. Colors can alter our perception of a room's size and shape and make the difference in enjoying or feeling uncomfortable in a room. Read more...
Boost your curb appeal (tidy up the garden, mow lawn, plant blooming flowers, wash front windows, clean patio, powerwash walkways and siding, etc.). Most potential buyers will do a quick drive-by first, often deciding on the spot if it is even worth a look inside.
Clean your house until it sparkles. From gleaming windows, clean counters to shining floors, clean everything and get rid of all odours if you want to sell fast and help your property put its best foot forward. It will also make your property more appealing and allow viewers to imagine living there.
Clear away all clutter, it is very important and well worth the trouble. You may have to rent an offsite storage (or your friend's garage) temporarily, but it is well worth the trouble. Declutered cupboards, closets and rooms equal more space in the eyes of potential buyers.
In a crowded marketplace, fitting in is a failure. In a busy marketplace, not standing out is the same as being invisible."