November 2020

The condo vs. house debate: which is the better option for you?

Here are some key factors to help buyers decide what is best for them. The advantages and disadvantages of buying a condo Condo developments are more popular than ever before, specifically in Toronto and Vancouver. Every year, more and more people are flocking to highrises and new developments whether it be for investment purposes (last year it was reported that 40 per cent of condos in Toronto and 45.7...

Make more sales by NOT being a salesperson

  The public thinks Realtors sell houses and condos. They’re wrong. A new home salesperson sells houses and condos. But the wants and needs of the new home salesperson are in direct conflict with the buyer’s. As a real esate agent, your wants and needs are perfectly aligned with your buyer. In every case, whether you are working with a buyer or seller, new or used, your role as an agent is to...

6 Signs It’s Time to Sell Your House

  To know when to sell your property isn’t an easy decision to come to. While some Real estate experts say it’s a great time to take advantage of the next stage in the property cycle, others think that we are yet to feel the full force of Covid on the market. Of course, no-one wants to purchase a new property,  to see it decrease in value and then have to wait for prices to rise...

What You Need To Know About Mortgage Down Payments

How much you pay upfront could expand your options and save you money. One of the most important parts of your home purchase is your down payment. Whether you diligently save for a few years, borrow money from family, or use your RRSP, maximizing your down payment will save you money on your mortgage and give you more choice. Here’s everything you need to know about mortgage down payments in Canada,...

Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced

  A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage. Of those who are still trying to decide what type of mortgage to arrange, more than 30 per cent say COVID-19 has made them more likely to gravitate towards a fixed-rate mortgage. Only eight per cent are more likely to go with a variable rate mortgage as a result of the pandemic. For...

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