September 2020

Real Estate Agent vs For Sale by Owner (FSBO)

When the time comes to sell your home, you may ask yourself whether it’s really worth hiring a real estate agent to help in the process. With house prices increasing, that extra commission can begin to pile up and maybe you’d prefer to have that money in your pocket. Some sellers are tempted to go down the For Sale by Owner (FSBO) route, but it’s not always the best choice for everyone.  What...

Understanding Canada’s Record Home Sales Last Month, And Why It’s Likely To Continue

Canada’s late Spring real estate market continues, but some of the pent-up demand has caught up. Canadian Real Estate Association (CREA) data show a new all-time record for August sales. The rise is largely due to the lockdown delaying the busy Spring season into the Summer. The result is an odd comparison period, that is likely to continue until the pent-up demand has caught up. Canadian Real Estate...

Top 5 Things that buyers and investors almost always regret

  It doesn’t matter it is your first investment or tenth when you are investing in real estate. The risk is always high and you need only one wrong setup to put yourself in a position in which you will have a huge emotional and financial baggage on your shoulders. There are tons of things you should consider when you are purchasing and selling properties.    You have to ask yourself...

Montreal remains a real estate sellers’ market as sales break records in August

MONTREAL -- Montreal's real estate market remained hot in August, breaking records for sales as it did in July. The sales record matches those in cities across the country. Some experts say, however, that the market is simply playing catchup from the spring when sales halted and real estate purchases ground to a halt. In August 2020, 4,878 residential sales were concluded, which is a 39 per...

What to do if your mortgage deferrals are almost over and you can’t pay

  As the summer turns into fall, the six-month vacation thousands of Canadians have taken from their mortgage payments will be over. As of the end of June, 760,000 people had put their mortgages on pause, according to the Canadian Bankers Association. And for a significant portion of them, the grace period will close in the last few months of 2020. The mortgage deferrals, which the...

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