Toronto Real Estate Market: The View From My Desk!
May 18th, 2010 categories: Buying in Toronto, Downsizing, Downtown Toronto, Real Estate, Selling in Toronto
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 any market is difficult at the best of times but because of the lag time in reporting sales that are firm or sold conditionally, a chrystal ball can come in very handy….
Here is what I have noticed: Read the rest of this entry »
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The Importance of Open Houses in Selling Your Home!
December 24th, 2008 categories: Real Estate, Selling in Toronto
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. Read the rest of this entry »
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Real Estate Contracts: Legalese or Gobbledygook?
December 23rd, 2008 categories: Real Estate
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”. Read the rest of this entry »
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Toronto Real Estate: Some Great Advice!
December 20th, 2008 categories: Real Estate
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:
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Toronto Real Estate: Closing Costs for Sellers!
December 14th, 2008 categories: Selling in Toronto
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 requests. Read the rest of this entry »
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