New Toronto real estate FAQ: week 5/2009

New FAQ questions for 5th week of 2009.

A question submitted to Toronto Condominiums FAQ:

hi julie the owner can rent the condominium visitor parking spaces. i want to know about the zoning for scarborough. »

A question submitted to Buying a House FAQ:

Hi Julie, I have made the deposit of $5000 , bought house for $310000,condition is waived. The closing is 11th march, but i am thinking to back out as I think even though the mortgage is approved I am having difficulty arranging finances. Can I back out will the seller put any litigation on me. Please advise »

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