M O R T G A G E S A N D L E N D I N G
Mortgage Finance Valuation | Consulting
Appraisal Review | Pre-Sale Market Value Appraisals
Find an AIC-designated appraiser
As for advice to home owners or
commercial property owners seeking
appraisal services, Blacklock says, "Ensure
you hire an
AIC-designated appraiser who is
knowledgeable and experienced with your
particular property type and geographic
market area. A helpful "Find An Appraiser"
tool can be found at www.aicanada.ca."
While it's not a misconception, exactly,
Akash Sablok, past president of the Society
of Notaries Public of B.C., points out that
newcomers to this province may not be
aware that notaries here enjoy a unique
operational statute. "In other provinces,
notaries are merely legal witnesses,"
he says. "In B.C., they handle trust
funds, review real estate and mortgage
documentation and translate complex
legal terms into language that everyone can
understand." In fact, over 60 per cent of
residential real estate conveyances in this
province are handled by notaries.
With about 340 notaries belonging to his
society and growing steadily, Sablok says it's
best for prospective clients involved in real
estate matters to view notaries as "a liaison
between the lender and the purchaser: we
protect the interests of the former and make
sure the latter understands all obligations.
Our goal is for all parties to avoid the nasty
surprises that frequently occur in any
business transaction."
As for mortgage brokers, Ajay Soni,
national president of the Canadian
Mortgage Brokers Association, would like
prospective clients to know that mortgage
brokers collectively fund over $70 billion in
Despite stricter mortgage
qualification rules, industry
professionals are anticipating a
very busy year ahead
