Toronto’s rental market is hotter than ever before, with historically low vacancy rates and bidding wars starting to occur on many downtown rental properties. What does that mean for renters today? We decided to take a look. According to a report released by the City of Toronto at the beginning of February, “in 2017, purpose-built […]
Where are real estate prices rising in the GTA?
While there have been many reports of falling real estate prices in the Greater Toronto Area, the truth is that some areas and property types have remained strong and seen prices continue to rise. To clear things up, we decided to dig into the data once again to answer the question, “where are real estate […]
Best Greater Toronto Area Neighbourhoods for first-time buyers
Where is the best place for first-time buyers to consider in the Greater Toronto Area? It’s a good question and one we get asked a lot, so we thought we’d try to answer it by providing our list of the best areas and neighbourhoods for first-time buyers in Toronto. To make our list, we started […]
What is the cost of selling your home?
It comes as a surprise to many people that there are a variety of costs involved in selling a home, so the amount you end up with is less than the actual sale price. But how much will you pay and what should you budget for? Here’s a list of some of the costs involved […]
Top tips to increase home value
If you are selling your home, you want to make sure that you get the best value for it. One of the best ways of achieving this is by hiring a good real estate agent. However, there are plenty of other things you can do to increase the value of your home and repairs and […]
A Quick Guide to Mortgage Pre-Approval
Mortgage pre-approval is often talked about when buying a home and is sometimes a necessity before making an offer on a property. But what is a pre-approved mortgage and how do you get one? This handy guide should help give a quick introduction to mortgage pre-approvals: What is a pre-approved mortgage? A pre-approved mortgage is […]
Closing Costs – what you need to pay when you buy a home
Closing costs are the various payments that you need to make when you complete the purchase of your home. These can range from legal fees to taxes to insurance payments and are important to take into consideration when completing a purchase because they can add up to a significant amount. Industry experts recommend setting aside […]
What happens if a buyer doesn’t close on a home?
There have been a few stories and anecdotes recently about buyers not closing after agreeing to purchase a home. They made an offer, all conditions were waived or fulfilled, but when it came to closing time, they backed off. While still a rare occurrence, it’s still prudent to understand what you can do if it […]
A Guide to Bidding Wars and Bully Offers
With the high demand for real estate in the Greater Ontario Area, it has become very common for there to be multiple offers and bidding wars on properties. In turn, this has given rise to many pre-emptive or “bully” offers, with buyers looking to get in ahead of the bidding war. This situation may be […]
Renting vs Buying a Home: Which is the best move?
One of the most common questions asked about real estate is whether it is better to buy or rent a home. Unfortunately, there isn’t a fixed answer when it comes to renting vs buying. However, there are some general rules that can help you find the right answer for you… Rent or Buy: The Financial […]
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