If I was a seller with an existing mortgage at 80% LTV, and I was trying to sell this property to a buyer for a higher price using an 80% VTB, would the existing mortgage holder call my loan due in full when the title transfers to the buyer? How would this scenario play out for the seller? The...

Is there an example of an AFS appendix 'A' that you would typically use? I just imagine the buyer asking for their deposit back if they're unable to close on the sale when it comes due. I'm wondering if the seller has the legal capacity to keep the deposit regardless of the outcome.

In the event that the AFS falls apart in the end, what happens to the buyer's deposit? Do they lose it like they would in a RTO deal?

Hello everyone, Perhaps I can pick a few brains on a issue I've been having. As a lifelong resident of Calgary, I've started expanding my horizons with purchase contract re-assignments. Instead of the 'wholesale' approach of trying to find undervalued properties, the market in Calgary has...