Need expert advice? 

Call Now - 204.946.5333


Tag List

Animal Rescue (3)
winnipeg house for sale (1)
shelter (1)
Homestead (1)
Buying (5)
Legal Pitfalls (2)
Home Buyer Representation (1)
Public Relations (1)
Customer Satisfaction (5)
Not so funny experiences (1)
Relationships (1)
Sellers (2)
Will (2)
Grow-op (1)
realtor winnipeg (3)
winnipeg real estate agent (22)
Advice (1)
personal (1)
Deposit (2)
Customer Reviews (1)
Life Insurance (2)
Responsible Pet Ownership (1)
Pride in work (1)
co-signer (1)
Environmentally responsible (1)
Mental Illness (1)
Responsible Pet Care (1)
Public Shaming (1)
Property Value (1)
Bereavement (1)
Buyers (2)
Buying A Home (21)
For sale by owner (1)
Relocating (1)
Manitoba Condominium (1)
Fiduciary duty (1)
Pet Care (3)
PR (1)
Nervous (1)
Estate planning (2)
seniors (4)
Listening (1)
Consumer Advocacy (1)
Manitoba Condos (2)
Home Automation (1)
Impaired Drivers (1)
Impaired Driving (1)
Problem Solving (1)
Volunteering (1)
Artificial Intelligence (1)
Cats (2)
Commission (1)
Pet adoption (2)
Winnipeg Real Estate (19)
real estate marketing (2)
Real estate advice (1)
Homestead Rights (1)
agent resources (1)
Manitoba Securities Commission,Manitoba Real Estate Association, Real Estate Agent, Real Estate Licence (1)
Winnipeg Realtors (17)
Capital Gains (2)
Customer expectation (3)
New mortgage rules (1)
Real Estate Law (1)
Property Maintenance (1)
Hiring a Lawyer (1)
Homelessness (1)
Hybrid (1)
fraud (1)
Condos (5)
Property Pictures (1)
Ethics (1)
Financing (1)
Retirement (3)
Private sales (2)
negotiation (1)
Customer Care (1)
Pets (3)
Closing costs (1)
Listing Photos (1)
Condominium (4)
Cat rescue (1)
Mortgage approval (1)
Comparable Market Analysis (1)
Being Helpful (1)
Hoarding (1)
Death (3)
Disclosure (1)
buy house winnipeg (1)
Alzheimer's (1)
Market (2)
Relocation (1)
Reviews (1)
Maple Leaf Foods (1)
condominiums (3)
Social Media (2)
Bank approval (1)
Working for friends (1)
Re-marriage (1)
professionalism (4)
Manitoba Life Leases (1)
mentorship (1)
A day in the life of a realtor (1)
Landlord (2)
Buy (2)
Realtor (8)
Home Security (1)
Lawsuit (1)
Private selling (3)
Selling (5)
Real Estate Winnipeg (20)
Real Estate Business (6)
Agents (2)
Market Evaluation (3)
Education (1)
Home features (2)
Last will and testament (1)
real estate ads (1)
Vegetarian Lifestyle (1)
Smart Home (1)
Jeff Stern (2)
Technology (1)
Market Forecast (2)
Real Estate Mortgage Insurance (1)
executrix (1)
Lawyer (2)
Manitoba (1)
winnipeg realtor (3)
Dementia (1)
Media (1)
Bequests (2)
Prices (1)
real estate agent winnipeg (2)
Safety (1)
Appraisal (1)
winnipeg real estat (1)
Tesla (1)
News (1)
Buyer Agent (1)
Downsizing (3)
Inheritance (2)
CMA (1)
Renting (2)
Real Estate Tips (8)
Winnipeg properties (6)
Offer to Purchase (1)
Real Estate Photos (1)
Blended families (1)
buyer representation (2)
Life Lease (3)
Renting a home (3)
Real Estate FAQs (3)
investing (1)
Customer Service (19)
Addictions (2)
Open House (3)
Winnipeg Life Lease (2)
marketing (4)
CREA (1)
Property Features (1)
Selling A Home (15)
Winnipeg (9)
Value for your money (1)
Misrepresentation (1)
Choosing a Lawyer (1)
gift letter (1)
christmas (1)
Pre-approved Mortgage (2)
Real Estate (39)
Effective Copy (1)
Assisted living (1)
Real Estate Advertising (1)
New Homes (1)
Choosing a home inspector (1)
Real Estate Industry (12)
Excellent Service (1)
Markets (3)
Stress test (1)
executor (1)
Recovery (1)
Helpful Service (2)
Animal care (3)
Rehab (1)
Real Estate Negotating (2)
Aging (1)
Fees (1)
Socializing (1)
Market Report (1)
Womens Shelter (1)
Buying a home, Fear, Nervous, Patience, Real Estate Help (2)
Jeff Stern REALTOR (2)
FAQ (2)
Divorce (1)
Real Estate Appraisal (1)
philanthropy (2)
Anti-Social (2)
Comparative Market Analysis (1)
Gen-x (1)
Professional Behaviour (1)
Needs (1)
Customer care (5)
Wills and Estates (2)
client resources (1)
Friendships (1)
Service (2)
Estate (1)
United Airlines (1)
Vegan (1)
Pet Loss (1)
Real Estate Help (1)
Wants (1)
Aging in place (1)
Residential Tenancies (2)
Income Tax (1)
Fear (1)
Tenants (2)
Integrity (1)
Funny experiences (1)
Alcohol Addiction (1)
Risk (1)
Health (1)
Mortgage Life Insurance (1)
Homes Winnipeg (1)
Due diligence (2)
Ad Writing (1)
Patience (1)
Personal Care Home (1)
home inspection (5)
Mortgage Insurance (1)
Helping People (2)
mortgage pre-approval (1)
Internet Security (1)
Real Estate Market (4)
Security (3)
Representing Friends (1)
Online Reviews (1)
Cost of services (1)
FAQs (3)
Sell (3)
winnipeg condo (1)
Advertising (2)
Mortgage (3)
Drunk Driving (1)
Financial planning (1)
Fsbo (4)
Manitoba Real Estate (3)
Insurance (1)

Buying a Grow-Op? They’re Cash-Only in Canada

May 04, 2018



In Canada, despite the current process of legalizing marijuana well underway, Grow-ops remain a property no banks will finance – not even after they’ve been remediated and deemed safe and liveable.

Once a property is flagged as a grow-op, or for having had any gang or drug-related criminal activity attached to it, the house won’t get a mortgage because no one will insure it. It’s cash only at that point.

Interestingly, the flag is generally public, but not always. Sometimes it catches you by surprise.

That’s what happened to a client of mine about a year ago. They had wanted to see a particular property so, as usual, I did my research ahead of time. Look up its sales history, and see that it’s not flagged. No flags turned up in the database, and all looked fine.


We arrived at the property and my senses confirmed what I had researched. Had there been a history of drug-making, my body would have let me know the way it always does. Because of my asthma, I’m a fantastic natural detector of mold, spores, ozone, and some other environmental toxins. My nose drips, I have trouble breathing, I get itchy all over my face and ears, and my face can turn red. Trust me, if there’s mold in the house, I’ll know about it.  At this property, like I said, my Spidey senses confirmed the research – this was clearly not a grow op.


My client went ahead with the mortgage approval after the offer was accepted and was well on the way to buying the house. Then the bank came back with more information than we expected. The mortgage was declined with the slightest hint that it was due to criminal activity related to the property.


My client was shocked. So was I. It was bizarre – Nowhere in police listings and the multiple lists and even Google searches I conducted did that property’s apparently sordid history ever show up.


Here’s the other thing: Once a property is listed as a grow op, it’s a grow op forever. Even after remediation (restoring it to habitable), the property remains on the list. I heard once that a house that had been flagged was demolished. The owners then applied to the city to change the address number of the property because the address itself was flagged. Even though the house itself was removed and a new one built on the site, the address itself remained flagged.


I don’t generally recommend people buy grow ops – there’s a long list of expensive things to repair and restore (as I wrote about here), but then again, there was the time I did help my client buy an X-grow op and it worked out really well.


Bottom line is, if you’re considering buying a grow op, perhaps tempted by the low, low price tag, bring cash, remember there is a lot more cash needed for the repairs, and make sure you get a knowledgeable real estate agent to help you cross all the Ts and dot all the I’s before you commit to the major overhaul.


Have you ever considered buying a grow op?




Tags: Grow-op
Category: Buying a Home

Leave a Reply

(Your email will not be publicly displayed.)