Everything You Need to Know About Power of Sales and Foreclosures
Tags: Home Buying, Toronto Homes, First Time Home Buyer, Bully Offer, Realtors, Home Buyers, Foreclosure, Power of Sales
Foreclosures A foreclosure refers to the lengthy and costly legal process where a lender seizes property from an owner who has stopped making payments to them. Essentially, the lender sues the owner for title of the property, and the owner would then have no entitlement to any future profits from the sale of the property once title is given to the lender. This process is quite common in t...Read More
3 Things You NEED to Know About Estate Sales
Tags: Home Buying, Toronto Homes, First Time Home Buyer, Bully Offer, Realtors, Home Buyers, Estate Sale
What is an estate sale? An estate sale is when a homeowner has deceased and has a representative sell their home. The deceased may have entrusted an executor to administer the estate, and subsequently sell the home, or in some cases when there was no last will of testament, an executor is appointed. As an executor, there are some added steps to consider in selling an estate home. Steps to prepa...Read More
UFFI: Should You Be Worried? Everything You Need To Know About UFFI
Tags: Home Buying, Toronto Homes, First Time Home Buyer, Bully Offer, Realtors, Home Buyers, Construction
Is UFFI something to worry about when purchasing or selling a home? UFFI, or urea-formaldehyde foam insulation, is a kind of insulation that was commonly used in the 1970s to make houses more energy efficient. In fact, from 1975 to 1978, the Canadian government implemented financial incentives for enhanced insulation levels in homes, making UFFI extremely popular. The program, known as t...Read More
How To Navigate Toronto Building Permits Like a Pro!
Tags: Landlord, Home Owner, Renting
What is a Building Permit? When the City of Toronto issues formal authorization for construction, demolition, or an addition or alteration to a property, it is known as a building permit. Toronto Building staff is then required to review plans and the following work to ensure compliance with the Ontario Building Code, and any other applicable zoning by-laws and regulations. When Do I Need One? ...Read More
What Are Bully Offers & How Can You Use Them To Your Advantage?
Tags: Home Buying, Toronto Homes, First Time Home Buyer, Bully Offer, Realtors, Home Buyers
WHAT ARE BULLY OFFERS? In a hot real estate market, you may often hear of the terms bidding wars and bully offers. What do these terms mean exactly? One of the ways a bidding war can transpire is when a seller sets an offer date for the sale of their home and stipulates that they will not accept any offers prior to said date. On that date, it is possible that many buyers make an offer at the sam...Read More
Becoming a Landlord
Tags: Landlord, Home Owner, Renting
Being a Landlord Are you thinking about being a landlord? There are many benefits despite the challenges a landlord may face. The obvious benefits include receiving rent every month and being your own boss. Of course, there is the long-term benefit of the increase in the value of the property and being able to build positive relationships with tenants. If you’re thinking of heading down thi...Read More
Buying a New Home
Tags: Home Buying, Toronto Homes, First Time Home Buyer
Buying a home is exciting, but it can be stressful at the same time. In fact, buying a home can be quite a lengthy process, so here are a few pointers to help you get through some of the beginning stages. Financing An integral part of home-buying is understanding the mortgage process. Here are some tips: Get a pre-approval: It is important to get a pre-approval so you know what range you are ...Read More
Backyard Oasis
Tags: Backyard, Garden, Gardening, Toronto Homes, Toronto, Toronto House Prices, Home Value
There is so much value in having an outdoor space that is comfortable, easy, and inviting. Here are some ideas to keep your garden well-manicured while keeping costs down! Perennial flowers are an attractive option, as they come back every year. You could also plant herbs and vegetables so that your backyard space not only looks lush but bears fresh provisions. This could be part of a big...Read More
Why You Should Consider Staging
Tags: Staging, Homes in Toronto, Buying a Home, Selling a Home, Real Estate
The goal is to sell your house efficiently and effectively and preparing your house for sale will help with this task. First impressions are critical. Staging can ensure you have a successful photoshoot and will generate enthusiasm and interest in the buyer from the moment they walk into your home. You can hire a professional but you can do it yourself with some helpful tips. Top Staging Tips: Li...Read More
Backyard Oasis
Tags: Backyard, Garden, Gardening, Toronto Homes, Toronto, Toronto House Prices, Home Value
There is so much value in having an outdoor space that is comfortable, easy, and inviting. Here are some ideas to keep your garden well-manicured while keeping costs down! Perennial flowers are an attractive option, as they come back every year. You could also plant herbs and vegetables, so that your backyard space not only looks lush, but bears fresh provisions. This could be part of a b...Read More