Ontario real estate decision centre
No hidden menus and no article maze. Choose your situation and get a practical route through the mortgage, property and professional questions that matter now.
Explore directly
Every choice opens practical AskRajiv guidance.
Published Ontario guides
Search every published guide or narrow the library by content type.
Answer
No. The final visit usually checks whether the property remains in the agreed condition, included items remain, systems and appliances operate as agreed, and promised work appears completed. It does not reopen every property issue or automatically let the buyer refuse to close.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
Choose the remedy that can be verified and that works with the mortgage and closing. Seller repairs may control who performs the work; a price reduction may not create dollar-for-dollar cash for repairs; and a closing credit must be acceptable to the lender and documented properly.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
A general inspection does not replace water-quality, well-performance and septic-system assessment. Confirm location, permits and records, operating condition, capacity, maintenance, setbacks and lender requirements before becoming firm. Rural property approval can depend on both the home and its essential services.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
Roofing, foundation, electrical, plumbing, heating, cooling, insulation, ventilation and drainage can create large or urgent costs. Ask about age, observed condition, remaining-life uncertainty, safety concerns and what could not be tested. A working system today is not a promise of long remaining life.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
Treat moisture as a cause-and-consequence problem. Identify where water enters, whether the source is active, what materials are affected and whether structure, air quality or drainage needs specialist review. Cosmetic paint or a seller promise to clean the area may not solve the source.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
An inspector can observe construction and warning signs, but legality requires municipal, zoning, permit and sometimes fire or electrical records. A renovated basement can look excellent yet remain unapproved, uninsurable or unacceptable to a lender as a legal rental unit.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
A seller’s report can provide useful early information, but it was commissioned under someone else’s contract, date and scope. The buyer should confirm who may rely on it, what was inaccessible, whether conditions changed and whether an independent inspection is still needed.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
Choose the inspector for competence and independence, not because they are the fastest or cheapest. Ask about experience with that property type, training, references, written scope, sample reports, insurance, time on site and whether the buyer can attend.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
A standard home inspection is a visual, non-invasive assessment of accessible systems and components at that moment. It may identify warning signs and repair needs, but it does not guarantee condition, open walls, confirm building-code compliance or replace specialists for mould, structure, electrical, plumbing, septic, well or environmental concerns.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →Answer
Start by calculating the exact gap and checking the report for factual errors. Then compare a price renegotiation, reconsideration, another lender-permitted appraisal, a project blanket appraisal, more cash, equity from another property, alternative lending, a second mortgage, MIC financing or a private bridge. Each option solves a different problem and carries a different cost.
Reviewed by Rajiv Verma, Mortgage Broker · Sep 2, 2026
Read the practical answer →