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Showing posts from April, 2015

Buying your First Home

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  Here is a checklist of things to do before, during and after buying a House:   ·          Do your research on Mortgage rate ; Make sure to check all the banks and see who is offering the lowest mortgage rate in the market today.   ·          Keep Your Credit Score high; if your credit is below 660 you will end up paying sizable fees or a higher down payment. Clients with credit score 750 and above usually get the best mortgage rate in the market. You can increase your credit by not apply for new credit cards at least a year before applying for mortgage.   ·          Realistic Debt-to-Income Ratio, Calculate the mortgage payment with all the expenses and make sure that it does not exceed your income.   ·          Do not forget the loan fees; Make sure to put money a...

How four buyers found a Toronto house for under $500,000

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      This article is called How four buyers found a Toronto house for under $500,000 . It was posted by Susan Pigg and appeared on The Star website. It was published on April 22, 2015. This article discusses about how these four first-time home buyers found houses in Toronto which were under $500,000. These houses they found may not offer the right amount of space and located where other buyers have taken for granted. But they most likely offer one or two bedrooms and have a backyard at a well average sale price in the Greater Toronto Area. Surprisingly, about 90 houses were sold for under $500,000 in the first two weeks of April’s peak spring buying market in the GTA. Buyers can find a house under $500,000 it just takes time and patience. Having the right agent to assist you is key.   Reference: Pigg, S. (2015). How four buyers found a Toronto house for under $500,000 . Retrieved from Toronto Star: http://www.thestar.com/b...

Six tips to survive showing your home and making the sale

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  This article is called Six tips to survive showing your home and making the sale. It was posted by Henrietta Walmark and appeared on Metro website. It was published on April 8, 2015. This article discusses about tips to survive showing your home so you can make a sale.   Here’s what to do and expect when showing your home: 1.        Move out ·          Clients with children or pets, its less disruptive if they temporary move out so the agent can book more appointments and it’s easier to get around the house when you’re showing it. 2.        Stop cooking ·          It better to have fresh smelling house because a house that smells like food might distract them. 3.        Board the pets ·          When showing a house it’s better to have pets a...

Home Inspection Checklist: What to Look for When Buying a Home

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This article is called Home Inspection Checklist: What to Look for When Buying a Home. It was posted by Aaron Joshua Barroso and appeared on Zoocasa website. It was published on March 27, 2014. This article discusses about how making a decision for buying a real estate can be stressful, but the key is to take every step necessary to prevent yourself from buying a bad property. Here are some tips to make sure the house is stable before making a final decision. Inspect the plumbing; make sure to turn on all the taps in the kitchen and bathroom to check if everything is in working condition. Look up while inspecting the property to check if there is water leakage stains on the ceiling. Involve a professional to inspect the property if you encounter vertical and horizontal crack in the ceiling and the gap along the doors and windows. Make sure to check everything around the house is in working condition by opening a closing it. Inspect the backyard for any dead or hazardous tree ...

Toronto house prices surge 10 per cent in March; no relief in sight

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  This article is called Toronto house prices surge 10 per cent in March; no relief in sight. It was posted by Susan Pigg and appeared on The Star website. It was published on April 7, 2015. This article discusses about prices of Toronto homes went up 10% per cent in March compared to over a year ago due to high competition for high-end houses. Also, new listings were up 5.5 per cent in March compared to a year ago. According to the figures released on Tuesday by the Toronto Real Estate Board, sales were up 11 per cent. Throughout the spring season we will continue to see strong competition between buyers and sellers.   Reference: Pigg, S. (2015). Toronto houses prices surge 10 per cent in March; no relief in sight . Retrieved from The Star: http://www.thestar.com/business/2015/04/07/toronto-house-prices-surge-10-per-cent-in-march-no-relief-in-sight.html      

Condo market feels heat as house prices soar

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  This article is called Condo market feels heat as house prices soar . It was posted by Susan Pigg and appeared on The Star website. It was published on March 31, 2015. This article discusses about a  demand and competition for bigger and unique condos because the prices of houses are too high and are climbing in Toronto. This leads to bidding wars against buyers for condos and buyers are bidding way higher than the asking price. For instance, recently a two bedroom condo was sold for $15,000 over the $419,900 asking price at 77 Maitland Place in Toronto. Luckily, right now the interest rates for houses are low and buyers should take advantage on that because you know that won't last long and interest rates will eventually go up.   Reference:   Pigg, S. (2015). Condo market feels heat as house prices soar . Retrieved from The Star: http://www.thestar.com/business/real_estate/2015/03/31/condo-market-feels-heat-as-house-pric...

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