Why You Should List in the Spring

Spring brings many changes in Ontario, snow melts, grass greens, birds chirp and For Sale signs go up on yards. Yes the beginning of Spring marks the unofficial start to the Real Estate season. Now I know there isn’t technically a Real Estate season, however it’s a known fact that the market slows up in the winter months and begins to heat back up come March, April, May. So let’s talk about why it would…

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Renting Vs Owning

When it comes to where you live there are two main options on how to come about acquiring a place to live, you can rent or you can own. While each tends to have their own benefits and issues more Canadians tend to gravitate towards homeownership rather than renting. Per the 2016 Canadian Census 67.8% of the population who answered owns their home as opposed to renting. This is very positive as homeownership has many…

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Why should I use a real estate brokerage if I buy or sell a home? Why can’t I do it myself?

The decision to use a brokerage (or not) is entirely yours to make, but the Real Estate Council of Ontario (RECO) strongly recommends working with a registered salesperson or broker when you buy or sell a property for the simple reason that navigating your way through a real estate transaction on your own from start to finish can get complicated, especially if you’re inexperienced. Unlike some other do-it-yourself projects, buying a home is the largest…

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How much money should you put down on your first home?

In Canada there are a few requirements when it comes to how much money you have to put down on the home you wish to buy. It comes down to how much the house you are planning on buying costs. If the purchase price is less than $500,000 the minimum down payment is 5%. If the purchase price is between $500,000 and $999,999 the minimum down payment is 5% of the first $500,000 and 10%…

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Buying a Starter Home

Many people have heard the term “starter home” if you haven’t a starter home is a home that most people purchase for their first house. It is usually a smaller home that needs some work, thus it reduces the price making it a bit easier for first time home buyers to purchase. These houses used to be very common on the path to home ownership. You buy the starter house, live in it, make upgrades here…

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