Tyler Tim Realtor

    This article is called The top 10 Home Buying Mistakes. It was posted by John Pasalis and appeared on the Move smartly website. It was published on February 24, 2015. This article discusses about the top 10 home buying mistakes people make. Therefore, make sure you avoid these mistakes.   Here are the top 10 Home Buying mistakes: 1.       Hiring the first agent they meet 2.       Not Having an Easy Exit Guarantee in their Buyer Representation Agreement 3.       Not Reading their Buyer Representation Agreement 4.       Not exploring neighbourhoods 5.       Buying for today, not for tomorrow 6.       Spending whatever the bank will give them 7.       Falling for the staging 8.       Always relying on the seller’s home inspection 9.       Not doing any due diligence before making an offer 10.   Not knowing what the house is worth before making an offer   Reference: Pasalis, J. (2015). T

    This article is called Toronto mystery bunker remain a mystery. It was posted by Paola Loriggio and appeared on the Caledon Enterprise website. It was published on February 24, 2015. This article discusses about the police finding a tunnel in Toronto near the Rexall centre which was discovered last month near a Pan Am Games venue. The mystery still remains the same as they are still investigating who built this tunnel. The police say they don’t have any evidence that can be criminalizing and digging a hole is not against the law. Also, the tunnel was mostly likely built during the summer or fall time. What the police found in the tunnel was plywood wall supports, a generator, moisture resistant light bulbs and a sump pump in the chamber. They also found a rosary with a Remembrance Day poppy nailed on to a wall in the chamber and food and beverage containers. The tunnel is about two metres high, 86 centimetres wide and 10 metres long which one police said the tunnel must have

  This article is called HBC forms new real estate joint ventures. It was posted by David Friend and appeared on the Global News website. It was published on February 26, 2015. This article discusses about how the Hudson Bay Company has announced that they will partner up with real estate companies in Canada and United States. RioCan, based in Toronto, will partner for the Canadian properties and Simon Property Group, located in Indianapolis, will be responsible for U.S. properties. The two re al estate companies will be putting in $670 million in cash and properties. Their goal is to diversify their real estate portfolio.     Reference:   Friend, D. (2015). Hudson Bay Company forms new real estate joint ventures . Retrieved from Global News: http://globalnews.ca/news/1849364/hbc-forms-new-real-estate-joint-ventures/  

  This article is called Unsold condos pile up in Toronto, hit 21 year high. It was posted by Jamie Sturgeon and appeared on the Global News website. It was published on February 24, 2015. This article discusses about the number of unsold condos in Toronto hitting a 21 year high last month. There were 10,368 condos completed by builders last month according to Bank of Montreal’s economist Sal Guatieri. This is eight times more than average for the past decade. Condo builders were warned by the Canada’s Mortgage and Housing Corporation chief economist to sell more existing units before planning new ones. Reference: Sturgeon, J. (2015). Unsold condos pile up in Toronto, hit 21 year high . Retrieved from Global News: http://globalnews.ca/news/1846998/unsold-condos-pile-up-in-toronto-hit-21-year-high/

This picture shows developments under construction in New York City. These developments are aimed for exactly at the ultra-high net worth individuals. New York has already the highest number of homes owned by the super-rich. This article is called The world's super rich have amassed homes worth more than $3TRILLION. It was written by Oliver O’Connell and appeared on the Mail Online website. It was published on Monday, February 5, 2015.   This article discusses about the world's super rich owning more than $3 trillion in owner-occupied residential property according to consultancy Wealth-X and Sotheby's. Owners who have ultra-high net worth, 80% of them own two or more homes for personal use. The top three countries for ultra-wealthy home buyers are US, UK and Switzerland. The 3 cities: New York, London and Hong Kong lead the top ten cities that the super-rich buy in followed by Los Angeles and San Francisco. Reference: O'Connell, O. (2015). The world'

  This article is called Chinese companies look to invest in American real estate. It was posted and appeared on the Marketplace world website. It was published on Monday, February 16, 2015.   This article discusses about how Chinese companies have shipped manufacturing goods to all over the world for years and with the amount of money they have which is a big cash reserve.   Now, they are looking into investing that money in real estate in big cities in the United States like New York. For example, a $250 million condominium called Oosten which is under construction in Brooklyn, New York. This condominium is already being bought by people like Wenzhou Xie who is Chinese, living in China. Xie is a mining executive in Hong Kong.  Xie is not planning to live in this apartment but he expects to collect about $3,000 rent each year. He thinks “foreign property is considered to be one part of a balanced portfolio”.   Reference: Marritz, I. (2015). Chinese companies lo

                               1.       Paperwork   -           They help with all disclosures and paperwork necessary.   2.       Experience   -           They are well educated in and experienced with the entire sales process.   3.       Negotiations   -           They act as a “buffer” in negotiations with all parties throughout the entire deal.   4.       Pricing   -           They help you understand today’s real estate values when setting the price of a listing or an offer to purchase.   5.       Understanding of current Market Conditions   -           They simply and effectively explain today’s real estate headlines & translate what they mean to you.       Reference: 00 Crew, T. K. (2015). 5 Reasons to Love Using a Real Estate Professional . Retrieved from Keeping Current Matters: http://www.keepingcurrentmatters.com/2015/02/13/5-reasons-to-love-using-a-real-estate-professional-infographic/?u

      Are you thinking of renovating your home? Here’s a pre-renovating checklist to help you prepare.   1.       Be Prepare ·          Put together inspiration pictures to share and even specific details about appliances to make your meetings productive. ·          Images will help you translate your needs and wants. 2.       Set goals ·          Organize your thoughts ·          Talk about your goals and what needs to be accomplished. 3.       Compare Bid ·          Interview two or more companies. ·          Compare the final bids for each company. 4.       Compare Businesses ·          Be sure that you're comfortable with the idea of the contractor being in your home. ·          Be sure that you're able to meet with the foreman for your project, he or she is going to be your go to person, and so make sure you both have a good connection. 5.       Shop your bid ·          Have a finely-detailed contractor bi

    Micro-condos are hitting the Toronto real estate market this year. Micro-condos are units anywhere between 220-400 sq. ft. These micro-condos are made for bachelor, single people, students, single professions, first-time buyers and etc.        Pros: ·          Micro-condos are to maximize space fe aturing fold away furniture is standard issue. A bed will fold up to make room for a kitchen table. Storage space is created in every corner and opening and is collapsible or can be hidden. ·          Offers at a substantial discount compared to regular downtown prices. ·          Forces you to be tidy which c an be a pro or con. ·          The opportunity to live around the hottest neighborhoods in Toronto. ·          You won’t have to buy any furniture because of the limited amount of space you have. ·          Resale market for these units has yet to be proven. Cons: ·          Focus you to be tidy which can be a pro or con. ·          One or two

1.       The growth possibilities ·         Buy a place that meets your needs. ·         Think long term because having a 5 year plan might not work out. Remember changes  happen! 2.       What’s under the hood ·          All the basic features should be in good condition. ·          Inspect the property. 3.       Know that no home will be perfect ·         The first home you buy may not be the perfect one but make it the right one. ·         Make a list of “must haves,” along with “nice to haves” and “not necessary  to haves.” 4.       Consider ALL the costs of ownership ·          Look for a home that meets your budget in terms of living expenses. 5.       The lifespan of things ·         Consider the lifespan of the home’s components which are appliances, roofs, furnace and floor?   Reference: 5 things to think about when buying your first place . (2015). Retrieved from RE/MAX Housing: http://www.remax.com/c/housing-blog/blog-pos