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City of Cleveland sues sub-prime mortgage lenders for negligence
The City of Cleveland is suing 21 mortgage lenders for damages that they claim to have incurred as a result of the U.S. sub-prime mortgage fallout. Cleveland Mayor Frank Jackson compares the resulting chaos to “ organized crime activity on neighborhoods, Read More...
Buyer sues agent for letting them pay too much for a home
“Marty Ummel feels she paid too much for her house. So do millions of other people who bought at the peak of the housing boom. “What makes Ms. Ummel different is that she is suing her agent, saying it was all his fault.” I came by this Read More...
Milroy Apartments in Saskatoon will become condos
Anger was the dominant emotion at Monday’s city council meeting when the application by Viking Developments to convert Saskatoon’s Milroy Apartments to condos was approved. Current bylaws require conversion applications which affect more than Read More...
Hallelujah!: Jack Grover goes back to prison
Surely, there is a God! The Supreme Court of Canada today reinstated Jack Grover’s obstruction of justice conviction , ruling that the Saskatchewan Court of Appeals was wrong to overturn the guilty verdict. Grover was charged following a deadly Read More...
Dude, where's my house? Winnipeg man charged with theft after house disappears
A Winnipeg property owner decided to visit a tenant in his revenue home to find out why they hadn’t been paying the rent. When he arrived on the scene, he discovered a parking lot where his house was supposed to be. It seems that the owner was approached Read More...
The ethics of “bidding” for Saskatoon real estate
I came across an interesting “Letter to the Editor” in yesterday’s Star Phoenix which I wanted to touch on. The letter was submitted by Maureen Shebelski, a Saskatoon resident and mother. Maureen’s decrial of the current state Read More...
Flip This House exposed: The “unreal” side of reality TV
This is not exactly important real estate news but I couldn’t resist writing a small snip about this story. It seems that the popular A&E reality program, “Flip This House” has run a number of episodes which amount to nothing more Read More...
Who is your real estate agent looking out for?
If you’ve visited my blog before, chances are you’ve caught on to the fact that I’m very concerned about a practice which is occurring regularly which I believe is deceptive and hurtful to both buyers and sellers. It goes like this; Read More...
Little White Marketing Lies?
Sharon, a real estate investor from Calgary, Alberta occasionally visits my blog. If I recall correctly, she contacted me after she read one of my little rants about poor quality images in real estate listings . From time to time, she forwards copies Read More...
85 Year Old Woman Gets Surprise of Her Life Lease
I heard a story today that left me so incensed, that I couldn’t resist repeating it. In 1988, the McClure United Church (hereinafter referred to as the Church) built McClure Place , “a 15 story high-rise building offering enriched housing Read More...
Premium Saskatoon Houses Sell While Market is Still at Work
I did a routine search of today’s MLS® listings at about 4:00 pm. There are two new listings showing up in all of Area 1, which for Saskatoon real estate agents includes all neighbourhoods which are East of Circle Drive East. Both of these new Read More...
Jack Grover Released From Prison
The Saskatchewan Court of Appeal , Friday, acquitted Saskatoon landlord Jack Grover of obstruction of justice and ordered his immediate release from prison. Grover was convicted of obstruction earlier this year and had served three months of the one year Read More...
How to Get Serious Buyers Lining up at Your Door
In my recent post, “ Deceptive Agent Practice Could Costs Sellers Money ,” I discussed how some agents seem to go out of their way to try to keep other agents from finding out about their newest listings. I speculated that the underlying motivation Read More...
Deceptive Agent Practices Could Cost Sellers Money
There’s a disturbing practice occurring all too often, which is padding the pockets of some unethical agents at the cost of their selling clients. If you’re considering selling a home you should know about it and make certain it doesn’t Read More...