Loading...

Buy first or sell first

Wednesday Sep 15th, 2021

Share

Many people during their lifetime move from one property to another and if you are an owner quite often buying and selling around the same time is a necessity. The questions arise about what to do first, buy or sell as well as what everyone should know when planning on buying and selling at the same time. There are many factors that will influence this decision. Market condition. Typically, in real estate the markets are classified as sellers, balanced and buyers market. Sellers... [read more]

Buyers Cash Back Explained

Thursday Aug 12th, 2021

Share

You may have heard of realtors offering a cash back, in this short blog we will explain what it is, and how it works. What is a cash back? Cash back for buyers is an incentive offered by the real estate agents for their buyers. In a typical real estate transaction the sellers signs a contract with the listing agent, in the contract one of the items outlined is a commission, part of the commission is received by the listing agent (agent representing the seller), and part of the commission... [read more]

What is a den, or let’s talk about +1.

Saturday May 22nd, 2021

Share

When looking for your next condo you often see numbers such us 1+1, 2+1, 1+2 where the first number represents the number of bedrooms, and the second number represents a den. We have already discussed what is a bedroom and the alternative solutions often used in condos, now let’s talk about the dens. A den, or the number that comes after “+” as it turns out, and unlike other spaces in your house or a condo is not regulated by the Ontario Building Code and that is why we... [read more]

Selling a condo in GTA.

Sunday May 16th, 2021

Share

Selling a condo in GTA. If you want to sell a condo in GTA our first question would be if you must do so, as we have already pointed out in another blog we think the real estate in GTA will do very well over the long period of time, hence if you are able to financially, and want to be a landlord (many people buy a condo as their first property and then move into a freehold as their lifestyle changes) consider keeping your condo as long as it’s a good condo in a good building. If we... [read more]

The First-Time Home Buyer Incentive

Tuesday Sep 17th, 2019

Share

In September 2019 the federal government has introduced the program to assist first time home buyers with a purchase of their home. The program is a bit more complex than the other government incentives I have written about, and deserves to be analyzed and discussed in more detail to highlight not only the particulars of the program, but more importantly to look deeper and determine whether you should or should not participate if you happen to qualify. Program eligibility: You need... [read more]

READ MORE