Recent Posts

Sellers Beware: Sold Over Asking B.S.

Toronto is a hot market when it comes to real estate! Yes, there are many buyers out there and not as much supply. What’s more, with everyone trying to own a piece of real estate these days, we are constantly seeing infamous bidding wars on almost every property.

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Realtor Rant: Toronto Real Estate is a Joke!

So, it’s only the end of January and the real estate market has been scorching -- enough to melt the ice and snow! January is considered to be one of the slowest months in real estate and also sometimes considered the best time to buy. But is it really a good time? I doubt it, but I guess it's better now than later! The title of this post should actually read buyers and buyer agents are a joke, but whatever.

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The Power of Credit

Everyone knows that having good credit is important. But here’s something you probably didn’t know—your credit score plays a significant role in determining whether you will be approved for a mortgage and can obtain a good, competitive interest rate.

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Home Buyer Seminar

Thinking about buying your first home in the next year or 2?  Have you started planning for it? Maybe, but do you have all the information you need?

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The Triple Constraints

Now, I know what you’re thinking – doesn’t the “triple constraints” only exist in the project management world? That is where the term comes from, but I think there’s a similar concept that can be applied to home buying.

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Costs Involved In Pre-Construction Condo Purchases

You can purchase a resale property with as little as a 5% down payment. Even when you purchase a brand new home from the builder, the deposit is usually within 5-10%. When you are purchasing pre-construction condos, almost all the time, you will be looking at paying about a 20% down payment. Perhaps you’re thinking, “I saw a big billboard that said I could buy with 5% down!” That’s usually because the builder has pretty much sold all the units and is trying to get rid of the remaining units or when the project is near completion.

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Closing Costs – The Seller’s Perspective

In an earlier blog post, we went through the closings costs for a buyer.  Sellers also have closing costs associated to them.  Both buyers and sellers have different closing costs and each will pay their own respective closing costs

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The 3-D Effect!

Sellers often wonder what’s with all the fuss about this “staging” concept!  Staging is literally what it sounds like – making a home more appealing to the highest number of potential buyers. 

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The 12 Crucial Steps To Purchasing Pre-Construction Condos

Ready to master the art of purchasing pre-construction condos? Let’s take a closer look at the steps involved. Buying a pre-construction condo isn’t nearly as straight-forward as buying a resale condo. In my earlier post, I emphasized the importance of knowing whether investing in pre-construction condos was right for you. I cannot stress how important this is – don’t do it because it’s a trend. Really analyze if it’s the right option for you. Remember to stick to the triple constraints.

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