Home Buying Checklist
There are far too many factors to consider when viewing any property to be able to make adequate mental notes: here is a comprehensive checklist that you should endeavour to fill out in its entirety for any property on which you are seriously considering placing an offer.
Avoiding Buyer's Remorse
Many home buyers suffer remorse once the offer has been accepted and the real estate transaction has been launched: there are ways to avoid falling into the home buying remorse trap, and building your confidence so that you know that you've made the right decision.
Is An Exclusive Listing Right For You?
At first it sounds counter-intuitive to place your property into a listing where it is invisible from anyone conducting online searches through your local MLS website, but exclusive listings can be very advantageous if your home fits a very specific and narrow set of specifications.
The Process Of Offers & Negotiations
The process of placing an offer can often be convoluted and complex, and the negotiations can be truly exasperating. In cases such as this it is important to keep your emotions at bay, your eye on the prize, and exercise patience and rational common sense.
Understanding How Your House Is Advertised
Many sellers are surprised to learn that the primary reason why their property is prominently featured on the big splashy ads run by the real estate agency in the local newspapers and magazines is not to directly sell their home at all: it's just to expand the buyer pool and impress them to get their listing!
How Buying A Car Reduces The Amount Of Mortgage Funding
Few first time home buyers are aware that their obligation to a sizeable vehicle loan payment can actually reduce the amount of money that they are able to qualify for in a mortgage loan by $50,000 or much more.
When Is The Right Time To Sell Your Home?
There are many more factors in making the decision to sell your residential property that go far beyond the current market dynamics in your neighbourhood. Interest rates, seasonality, the economic trends in your area, and various family aspects also have to be blended into the equation.
How Current Market Conditions Can Affect Your Offer Price
What are the differences between a Seller's, Buyer's, and Balanced Market, and what are the various factors you have to consider when you are making that extremely critical determination as to how much you are willing and able to offer for the home of your dreams?
Will You Need A Bridge Loan?
Your new home is closing in June but your old home isn't closing until July... what do you do? You resort to a Bridge Loan: a temporary, short term mortgage which essentially covers your down payment amount on your new home for a few weeks until you can harmonize the housing chain.
When Is The Right Time To Buy A Home?
It is possible to buy and sell a home at the exactly wrong time from the standpoint of market dynamics. In the severe real estate corrections recently seen in many parts of Canada...
Top 7 Mistakes Buyers Make
Some buyers approach making the largest investment of their lives with the levity of a Saturday afternoon at the mall. Purchasing a residential property is an enormous responsibility...
Invest In A Home Or A Portfolio?
It is not difficult to find financial gurus who will argue for or against the reasons for investing in a home vs. a portfolio of equities or mutual funds. Some of the arguments for the portfolio include: Lack Of Diversification...
Top 7 Tips On Avoiding Mortgage Turn-Downs
One of the primary reasons for the real estate meltdown in the United States was the ability of individuals to obtain mortgages well beyond their ability to ever repay. ...
Top 7 Tips On Avoiding "House-Poverty"
Everyone wants to live in a manicured golf fairway mansion with an Olympic sized swimming pool, but when the reality of paying for it all interferes with the fantasy...
Top 7 Things That Can Ruin A Sale
Firm Price: In the mistaken belief that they are separating the serious buyers from the tire kickers, some sellers will make it clear that the price of the house is "firm." That statement...
Top 7 Mistakes Sellers Make
Every seller wants to get top dollar for their property and sell it fast. Unfortunately reality often gets in the way.
Over Improvement: Everything is relative and an amount of improvement...
Top 7 Tip-Offs That You Have The Wrong Agent
There are times when you enter into a business relationship in good will and as time goes on you realize you've made a horrible mistake. When you contract with a real estate agent to sell your propert...
Top 7 Ways To Avoid The Fickle Buyer Run-Around
Some buyers seem to have been placed on this Earth just to drive sellers around the bend. From irrational demands, to sudden backing out at the last minute, fickle buyers can not only ruin a transaction...
Real Estate News
GTA Market Watch
Terms & Conditions
Our Clients Say it Best