Richard Silver

Toronto Real Estate Market: The View From My Desk!

Daily I try to make sense of the Real Estate market. I read all the Google Alerts and RSS Feeds that appear that focus on the Housing Market. I talk to other Sales persons and the front of desk staff at the office, monitoring the showings and the activity at weekend Open Houses. The media will tell you that the "Real Estate Bubble" is about to burst. How many times have you heard that in the last 5 years? Making sense of...Continue Reading...

The Importance of Open Houses in Selling Your Home!

For many Sellers the thought of having someone traipsing through your home with all its keepsakes and memories sends shivers down their spines. However, take a deep breath and keep a few things in mind; First, this is the house you are leaving. Secondly, all the keepsakes should be away from the Buyers eyes in an attempt to de-personalize your home and make it appealing to the widest spectrum of Buyers in the marketplace. (more...)Continue Reading...

Real Estate Contracts: Legalese or Gobbledygook?

I love lawyers, some are great friends and clients…but when they talk “Lawyer Language or Legalese“, they speak in a language that is hard for most to decipher. It sounds more like “Gobbledygook”. (more...)Continue Reading...

Toronto Real Estate: Some Great Advice!

Just as it is important to have a great Mortgage Broker who you can depend on, I have also been very lucky to know one of the best minds in the Toronto Real Estate appraisal business, Barry Lebow. Barry is not shy about giving you his thoughts so I asked him for some suggestions for Sellers and Buyers in Today's Real Estate Market: (more...)Continue Reading...

Toronto Real Estate: Closing Costs for Sellers!

The following is a list of expenses normally incurred by a Seller when completing the sale of a Residential property within Toronto.  1. Legal Fees: The tariff rate for residential properties is between .25% and .5% of the purchase price, normally not to exceed $1,450.00. Lawyers may negotiate their fees and will provide individual quotes when requested.However, in general, the costs for Selling a home should be less than those for Buying, as the Seller's Lawyer mostly responds to the Buyer's...Continue Reading...