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Man, 90, off hook for 300,000 fraudulent mortgage: Court |
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Written by Mortgage Cop
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Saturday, 22 December 2007 |
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What happened? Michael Henry Toronto Star Paul Reviczky, 90, who immigrated to Canada 50 years ago with his wife, Ilona, and then 3-year-old daughter Marietta, purchased a house at 220 Sheppard Ave. W. in 1980 for $67,500 to generate rental income to send to family back home in Hungary.On June 26, 2005, just months after his wife died, Reviczky was outside the home where he lives alone – close to the Sheppard property – talking to a neighbour who is a real estate agent. Vivian Ho told him she noticed he had sold his rental property in May and later showed him a computer record of the sale.Reviczky believes the Sheppard tenants – who had rented the property in March and identified themselves as Kristina and Adam Skurik – forged his name on a power-of-attorney document, which purported to give a "grandson" named "Aaron Paul Reviczky" the authority to sell the home on his behalf. Reviczky says he doesn't have any grandsons. Reviczky saw the Skuriks for the last time on May 13.
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Last Updated ( Sunday, 06 April 2008 )
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Canadians Snap Up Properties in the US |
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Written by Mortgage Cop
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Thursday, 20 December 2007 |
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AP
Weak Dollar Helps Canadians Buy US Homes
Friday December 14, 1:37 pm ET
By Chris Kahn, AP Business Writer Emboldened by a Surging Loonie, Canadians Snap Up American Homes CHANDLER, Ariz. (AP) -- Two hours after his flight landed in Phoenix, Calgary resident Doug Farley already was cruising the city's vast stuccoed suburbs in search of the one attraction Canadians can't seem to get enough of these days, cheap homes. |
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Last Updated ( Sunday, 06 April 2008 )
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81 per cent of Canadians satisfied with their mortgages |
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Written by Mortgage Cop
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Wednesday, 07 July 2004 |
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Canadian Association of Accredited Mortgage Professionals survey shows longer amortization and flexible terms keep mortgage industry buoyant TORONTO, Ontario, November 07, 2007 — The vast majority of Canadians (81 per cent) are happy with the terms of their mortgages thanks in large measure to "good interest rates" and longer amortization options, according to a report released today by the Canadian Association of Accredited Mortgage Professionals (CAAMP). Significantly, thirty seven per cent of Canadians who have taken out a mortgage in the last year have chosen amortization periods of more than 25 years. The information was gathered by Maritz from an online survey of 2,000 Canadians in late September and analyzed in conjunction with CAAMP economist, Will Dunning. |
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Last Updated ( Sunday, 06 April 2008 )
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