Fixating on price in real estate may cost you the deal: Sellers who decide that a specific dollar figure will buy their home and won’t budge from that bottom line may sell themselves short. Buyers who drop out of a transaction for a property they love because the seller’s counter-offer shocks them may be quitting […]
Archives for 2016
Top Six Mistakes Sellers Make
While a seller doesn’t control the real estate market, his actions can significantly contribute to how long their home takes to sell and how much it is sold for. Not Cleaning & De-Cluttering: It may seem obvious, but real estate agents everywhere are nodding their heads in agreement as they read this. Inviting potential buyers […]
Toronto Prices Spike Upward in November
Toronto prices set another all-time high in November, with the average price increasing to $776,684, a whopping 23% above last November. The trend was consistent across all GTA regions and all home types; for example, condo apartment prices were up 15% over last year. It seems only yesterday that there was a glut of condo […]
Untangling the New Mortgage Rules
The Federal Government has made two recent changes to the eligibility rules for government-backed insured mortgages: Effective October 17, all borrowers seeking high ratio (less than 20% down payment) mortgages must qualify based upon the Bank of Canada’s five year fixed posted rate (also known as the ‘Mortgage Qualification Rate’ or MQR). Presently the MQR […]
10 Tips For Decorating Your Home For Sale During The Holidays
If you’re planning to put your home up for sale during the holidays, you have a lot of things to consider – most importantly, how to price it right to attract buyers during this busy time of year. But home staging is always a concern when selling a home, and during the holidays, it becomes […]
10 Ways to Save Money on Your Home
Maintaining a home is expensive – but are you spending extra money unnecessarily? Here are 10 of the most expensive mistakes you could be making: Using traditional light bulbs. If you are still using incandescent light bulbs, consider switching them out for fluorescent or even better LED bulbs. The savings can be up to $150 […]
