Welcome to the wacky world of real estate! It's a place where myths run rampant and facts are often hard to come by. So today, we're going to do our best to separate fact from fiction in the housing market.
Myth #1: You Need a 20% Down Payment
Fact: While it's true that a 20% down payment can help you avoid paying mortgage loan insurance, it's not a...
Are you thinking about buying a home "as-is" in Toronto? It's a common question that I get asked a lot as a real estate agent. Buying a home as-is means that the property is being sold in its current condition, without any repairs or upgrades being made before the sale. While this may seem like a risky move, there are actually some advantages to bu...
Last week, as a real estate enthusiast, I decided to conduct a simple yet interesting poll to get a better understanding of where the Toronto Real Estate market is headed in 2023. This poll was an attempt to gauge the expectations of the general public and provide a better perspective on the state of the market this year.
Living in Toronto during the winter can be a unique experience, especially for those who are considering a move to the city and may not be familiar with the winter weather here. But despite the cold and snow, Toronto is a city that doesn't shut down in the winter. The city does an excellent job of clearing the roads and sidewalks, so getting around...
On June 23, 2022 the Canadian government passed the Prohibition on the Purchase of Residential Property by Non-Canadians Act (also known as the Foreign Buyers Ban). Coming into force January 1, 2023 and effective until December 31, 2024. This legislation prohibits non-Canadian citizens and non-permanent residents from purchasing resi...
Sometimes, you have to get a little creative to stand out in this busy market.
Over the past year, the real estate market has been so hot that it’s not unusual for homes to sell the day it gets listed. (The lack of inventory is to blame.) When properties that need serious work are even breaking price records, it is easy to feel discouraged if you’re...