Growing numbers of Canadians are exploring interest-free halal mortgages. These mortgages come in two forms: murabaha and musharaka. Currently, only three Canadian financial institutions offer halal mortgages, but with the increasing Muslim population in Canada, there's potential for mainstream banks to tap into this market, providing a significant business opportunity for real estate professionals.
Read More
Discover the growing trend of co-ownership and how it offers increased buying power, community building, and entry into the real estate market. Explore the differences and challenges of multi-partner ownership, innovative financing models, and the importance of expert legal guidance.
Read MorePaying mortgage discharges by wire, FOLA’s position on who should pay for the wire transfers, the new Ontario Land Tribunals and more in the real estate update from the Federation of Ontario Association (FOLA).
Read MoreWe have received notice of an email update to the policy of MCAP that they are again allowing mortgage refinances to be closed through individual solicitors. We are hearing that RMG Mortgages, a division of MCAP Financial Group, has issued the same update via email.
Read MoreScotiabank has updated its position on Identity Verification for video conferencing during the COVID-19 pandemic. A notification has been included with its recent solicitor instruction packages.
Read MoreSome solicitors are receiving Scotiabank instructions that clearly state they must meet with their clients face to face. While others are receiving a notice along with their instructions which give direction on how to sign mortgage documents via video conference.
Read MoreFacilitating transfers of real estate has been the bread-and-butter of thousands of Ontario lawyers for generations. How can technology help keep lawyers at the heart of real estate transactions?
Read MoreFarm Credit Canada, Computershare mortgages and signing of mortgages for corporations have all been updated in RealtiWeb Alberta.
Read MoreWe've expanded our online mortgage deliver services.
Read MoreLenders across Canada use our LDD WebDocumentRetrieval® system to send mortgage instructions to lawyers via the web.
Read MoreRead about everything new in RealtiPLUSWeb!
Read More