Real estate property selling can be one of the most profitable things an investor can do–especially when done right. However, there is a strategy that’s needed to sell properties you own to gain the maximum profit. Just because you are selling at a competitive price doesn’t necessarily mean that you will get the best offers in the market. Many sellers can make mistakes that cost them lose money compared to their initial investment in the property.
Your mortgage is one of the biggest factors determining how you can finance your real estate property in the long term. If you have a workable mortgage, there will be lesser chances of selling the home because of an unforeseen circumstance or, better yet, avoiding a foreclosure.
When it comes to increasing the value of your real estate, you can wait for the market to tip in your favour if you’re planning to sell — and prices in the Toronto, Ontario, area continue to rise against the odds. However, another way to boost the market value of your property is by choosing the right home renovations, says Michelle Kam, a real estate broker in the city.
Buying real estate in Toronto, Ontario, can be a lucrative investment, but only if you’re armed with the right knowledge. While you can trust an experienced real estate broker like Michelle Kam to point you in the right direction, there are other resources you can turn to that can help guide your choices.
There’s no doubting the COVID-19 pandemic has had a profound effect on many facets of the economy — including the housing market. While some people have moved out of the city to bigger properties in Toronto’s suburbs, condo owners in the city also felt the sting, as there was less rental activity.
If there was ever a time to take the dive into the Toronto condo market, it might be this year. While the continuing pandemic of 2020 drove down the demand (and subsequently the selling price) for city condos temporarily, it won’t be like that for long, as units in Ontario’s biggest city have historically always been hot.
So, you’ve decided to buy real estate in Toronto, Ontario — that’s a good first step. With the Toronto housing market continuing to be strong and the condo market rebounding, buying real estate in Toronto is a sound decision says Michelle Kam, an experienced real estate broker in the city.
There are many factors to consider when purchasing a home in Toronto. From finding the perfect neighbourhood to price and negotiations, the process is very involved. In fact, it can take home buyers a significant amount of thought and consideration before coming to a decision that is right for them.
Whether you’re considering purchasing or selling a home or are simply interested in the topic of real estate, the best way to keep up with the latest market trends and news is to find a blog that offers accurate and insightful content.
The GTA housing market is trending upwards against the odds. But what does that mean for the outlying markets and can you still afford to buy a home in the city?
Buying a home for the first time is an extremely exciting process. But beyond the excitement of house shopping, you’ll also need to consider the financial aspects of home buying, like choosing a mortgage. Mortgages and purchasing a home go hand in hand for most Canadians. That is why it’s important to do your research into mortgages in advance and figure out what kind is right for you.
Buying a home is a rite of passage for many people. Despite the economic recession that has come about as a result of the COVID-19 pandemic, many young Canadians across the country are still looking to purchase a home. In fact, the new virtual workplace coupled with record-low interest rates has led many millennials who hadn’t planned to buy a home for years to move up their plans.
For home buyers and sellers alike, housing prices are an important factor when deciding whether to buy or sell. However, it can be difficult to understand what factors affect prices and therefore what to expect in the future. Several factors work in conjunction to determine fluctuations in price.
Everyone has a strong association with the word ‘home’, and I am no different. Your home, neighbourhood, and community shape who you are, and being able to connect people with the home of their dreams brings me a great sense of satisfaction.
COVID-19 has changed the way we interact with one another, how we live, and how we work. From remote working to social distancing, thousands of individuals have changed their priorities in favour of simplified living.
Almost one in every three homes purchased in Canada are bought directly from a builder. A pre-construction home can be a perfect fit for many homebuyers, as they are typically less expensive than their ready-built counterparts.
There are a wide number of mortgage lenders in Toronto — and finding the right one and going through the application process can be a painstaking (and disappointing) process. That’s where a mortgage broker comes into the picture — they can help save you time and money by finding a suitable lender at the best mortgage rates.
If you follow Canadian real estate, then you probably already know that the home prices in Toronto are amongst the highest in the country. In fact, the average price for a home in Canada’s biggest city is approaching $1 million, partly driven by demand.
Buying a home is a huge commitment. In fact, for many, this will be the biggest purchase that they ever make. Therefore, the decisions that come along with purchasing a home can be very taxing. However, with the help of various tools and calculators, some of these decisions can be simpler.