Written By: Amanda Walker

Febuary 11, 2016

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 the real estate frenzy came to be. At you office to prevent any possible illegal or unethical behaviour, we simply write in the contract with the seller’s authorization, that the contract is not assignable. Therefor the name and address on the contact, must be the same that is on the transfer document at completion.

http://www.mortagebrokernews.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