🛠️ 18th Nov 2024 - 'How is this Legal?' Meet the King of Ontario Renovictions!

💥 Monday 15th November 2024 💥 From Listing To Closing: 9 Step System! Toronto Real Estate Daily: Hot Picks! "Where Real Estate Meets Opportunity: Free Reports & Fresh Listings!" "Toronto Real Estate Daily: Hot Picks" is your go-to source for the latest and most desirable property listings in Toronto's dynamic real estate market. Each day, we curate a selection of standout properties, market trends, and expert insights to keep you informed and ahead of the curve. Whether you're a buyer, seller, investor, or simply interested in the market, our daily picks ensure you're always in the know about the hottest opportunities in Toronto's real estate scene. Stay connected with "Toronto Real Estate Daily: Hot Picks." Can sellers who have successfully navigated the process from listing to closing share their experiences and insights to help others achieve similar outcomes? Absolutely! Sellers who have successfully navigated the process from listing to closing can provide valuable experiences and insights that can help others achieve similar outcomes. Here are several ways in which their stories and advice can benefit prospective sellers: 1. Sharing the Listing Process Initial Preparation: Sellers can share how they prepared their homes for listing, including decluttering, staging, and making necessary repairs, which can enhance curb appeal and attract buyers. Choosing the Right Price: Insights on how they determined the right listing price, whether through comparative market analysis or advice from real estate professionals, can help others price their homes competitively. 2. Effective Marketing Strategies Marketing Techniques: Successful sellers can discuss the marketing strategies that worked for them, such as professional photography, virtual tours, and social media promotion. Open Houses and Showings: Sharing experiences from hosting open houses or private showings can provide tips on how to create a welcoming environment for potential buyers. 3. Navigating Negotiations Handling Offers: Sellers can explain how they responded to offers, counter-offered, and negotiated terms, including price, contingencies, and closing dates. Understanding Buyer Motivations: Insights into how understanding buyer motivations helped them negotiate effectively and reach satisfactory agreements can be beneficial. 4. Managing Challenges Overcoming Obstacles: Sellers can share any challenges they faced during the process, such as unexpected repairs or buyer financing issues, and how they overcame these obstacles. Dealing with Lowball Offers: Advice on how to handle lowball offers and maintain a positive mindset during negotiations can provide encouragement to others. 5. Understanding the Closing Process Navigating Paperwork: Sharing experiences about the paperwork involved in closing, including disclosures and title searches, can demystify the process for new sellers. Coordinating Inspections: Sellers can discuss how they coordinated inspections and appraisals and what to expect during these stages. 6. Lessons Learned What They Would Do Differently: Many sellers have valuable lessons learned from their experience. Sharing what they would do differently can help others avoid common pitfalls. Success Stories: Highlighting success stories, such as achieving a higher sale price than expected or selling quickly, can inspire confidence in other sellers. 7. Emotional Aspects of Selling Managing Emotions: Selling a home can be an emotional process. Sellers can share tips on how they managed their feelings and stayed focused on their goals during the transition. Moving Forward: Discussing the emotional aspects of moving and how they adjusted to their new living situations can resonate with others facing similar changes. 8. Building a Support Network Networking with Other Sellers: Sellers can emphasize the importance of building a support network with other sellers or joining community groups for sharing experiences and advice. Engaging Professionals: Encouraging the use of real estate agents, home inspectors, and legal professionals can help prospective sellers understand the importance of having a solid support system. 9. Resource Recommendations Useful Tools and Resources: Sellers can recommend websites, books, and tools that helped them throughout the selling process, such as home valuation tools or real estate market reports. Workshops and Seminars: Information about local workshops or seminars focused on selling homes can also be valuable to prospective sellers. 10. Encouragement and Motivation Positive Reinforcement: Sharing personal anecdotes about the benefits of selling and achieving their goals can motivate and encourage others to embark on their selling journey. Celebrating Success: Highlighting the feeling of accomplishment after closing can serve as a reminder of the rewards that come with successful home selling. Conclusion Sellers who have successfully navigated the process from listing to closing can provide invaluable insights and encouragement for others looking to sell their homes. By sharing their experiences, strategies, and lessons learned, they can help prospective sellers feel more prepared and confident in achieving their own successful outcomes. This collective knowledge can create a supportive community of sellers, enhancing the overall home-selling experience. "🔥Toronto Real Estate: Hot News & Trends 🏡" 'How is this legal?' Meet the king of Ontario renovictions Michael Klein may be 'a ghost,' as one angry tenant calls him, but a large group of people in Ontario have had their lives thrown into turmoil by renovictions tied to the Toronto businessman sootoday.com READ MORE ... Kelowna realtor fined for not disclosing use of digitally altered photos - Kelowna News A Kelowna realtor who used doctored photographs of a property she’d advertised is on the hook for a hefty fine. castanet.net READ MORE ... Niagara real estate market heats up significantly in October compared to 2023: Report Last month, 539 homes were sold in Niagara Region. That compares to 377 homes in October 2023. Photo Credit: iStock. The Niagara Association of Realtors (NAR) released its October market update on the local housing market, noting that many more homes were sold last month than during the same month in 2023.  Last month, 539 […] niagaraindependent.ca READ MORE ... Posthaste: Canadians' housing angst is so high, a majority feel owning a home is a 'luxury' Almost 90% of renters believe it's out of reach for them, survey finds ca.finance.yahoo.com READ MORE ... Rents will rise more in Quebec than anywhere else in the country: report | CityNews Montreal Rent inflation is expected to be high in Quebec next year, while it’s likely to slow elsewhere in Canada, according to Desjardins economists in an analysis of the residential rental market. montreal.citynews.ca READ MORE ... ‘Won’t Move The Needle Enough’: Toronto Approves Incentive Stream For Purpose-Built Rental A new incentive program designed to add as many as 20,000 new purpose-built rental housing units to the City of Toronto — including 7,000 through a municipally-funded first phase — is being scrutinized by development sector stakeholders, many of whom are wary that it doesn’t have the legs to make a ... storeys.com READ MORE ... Canadian home sales rose 30% in October from a year ago | CBC News The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market's holding pattern that the association has previously described. cbc.ca READ MORE ... Canadian Real Estate Prices Make Another Sharp Drop Despite Rising Sales  - Better Dwelling Canadian real estate prices continued its downtrend last month, printing even larger losses. Canadian Real Estate Association (CREA) data shows the price of a benchmark (typical) home fell in October, despite a surge in sales. Prices continued to grind lower and are now similar to where they were 3 years ago. Surging home sales are […] betterdwelling.com READ MORE ... Canadian home sales post ‘October surprise’ as buyers flood back Canadian home sales rose to their highest level in more than two years as a string of interest rate cuts by the central bank started to draw buyers back to the market. bnnbloomberg.ca READ MORE ... Toronto and Vancouver mortgage arrears set to hit highest levels in 10 years, CMHC warns - Mortgage Rates & Mortgage Broker News in Canada Mortgage arrears in Toronto and Vancouver are on track to rise to levels not seen in over a decade, according to a new forecast from Canada's housing agency. canadianmortgagetrends.com READ MORE ... B.C. Realtor admits to obtaining $2 million mortgage using fake documents | CBC News A B.C. man who admitted obtaining a mortgage on a $2 million home using documents faking his income and savings has agreed to hand over his Realtor's licence. cbc.ca READ MORE ... What Dropping Interest Rates Mean for You - HGTV Canada The Bank of Canada is lowering its rate, but what does that really mean for you? We're here to provide some helpful answers. hgtv.ca READ MORE ... Immigration cuts will help housing gap, PBO says, but less than government projects - Mortgage Rates & Mortgage Broker News in Canada The federal government is overestimating the impact its cuts to immigration will have on the country's housing shortage, the Office of the Parliamentary Budget Officer said in a new report. canadianmortgagetrends.com READ MORE ... Many British Columbians feeling priced out of housing market | Globalnews.ca A Habitat for Humanity Canada survey revealed four in five Canadians say homeownership is now a luxury, with British Columbians feeling the brunt of the housing crisis. globalnews.ca READ MORE ... Here are the Toronto neighbourhoods where homes are selling the fastest right now We are currently in more of a buyer's market than Toronto's real estate world is used to after an extended period of slipping sales, with the future … blogto.com READ MORE ... Canadian Home Sales see Surprise Jump in October Encouraging, empowering and enabling REALTORS® in support of Canadian real estate journeys. crea.ca READ MORE ... This Week’s Top Stories: Canada Makes Huge Upward GDP Revisions, & BoC Warns Against Mortgage Changes - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data Canada’s economy is doing much better than previously believed, and that’s a problem. Statistics Canada made astronomical revisions to real GDP, adding the equivalent of an extra year […] betterdwelling.com READ MORE ... CONDO REPORT: Wait-and-see behaviour slowing market in Barrie Decrease in interest rate was expected to attract more buyers, but 'that has not been the case,' says columnist barrietoday.com READ MORE ... Rent prices in Toronto are now the cheapest they've been in a while amid real estate flop Toronto may still be one of the worst places in the country to live as a tenant, but apartment prices in the city are now on a months-long downward t… blogto.com READ MORE ... National home sales surge in October after previous month's supply bump: CREA The Canadian Real Estate Association says the number of homes sold in October rose 30 per cent compared with a year ago, marking a shift from the market's holding pattern that the association has previously described. ctvnews.ca READ MORE ... "📝 Message from the Editor ✨" Welcome to my Newsletter Page! 🎉 I am a professional Real Estate Agent here in the Toronto GTA 🏙️ with an architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home 🏡. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers 💡. I am committed to providing excellent service and going above and beyond for my clients 🤝. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings 🌟. Contact me today! 📞(416) 275-2089 ✉️ Manoj@ManojAtri.com Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings 🔗. Call | Email me for more Info on any GTA Listings, Buying, Selling, Investing or Homebuyer's queries 📩. Click Here to View Listings like Real Estate Agents 🏘️. Click Here For HOMES & CONDOS In Toronto 🏢. Click Here For PRE-SALE CONDOS in Toronto🏗️. How does Rent-To-Own Homes works 🤔? Click Here for Power of Sale Listings💼. Manoj Atri, REALTOR®  "🏡 Experienced Toronto GTA Sales Representative with Architectural Background 🏙️ My Forte: Power of Sale 🔑 Bank Foreclosures 🏦 Fixer-Uppers 🛠️ Rent-To-Own Homes 🏠 All Types of Credits: Low or Zero Down with Bank Cash-Back 💰 + Cash for Renovations Info 🛠️ & Much More! 📞✨" Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | SearchRealEstateInToronto.ca Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. "Disclaimer: This Newsletter contains summarized content from various sources; full attribution for each article is provided in the original linked content. Articles and Podcasts in this newsletter are generated by AI." 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13th Nov 2024 📊 Pros and Cons of a 10-year Fixed Mortgage: Is stability worth the Cost? 🤝

💥 Wednesday 13th November 2024 💥 Buyer Mistakes: FREE Report! Hot Property News: Toronto Daily Digest! "Discover the Hottest Properties with Expert Insights & Free Reports!" "Hot Property News: Toronto Daily Digest" is your essential source for the latest developments in Toronto's dynamic real estate market. Each day, we provide a curated selection of breaking news, market trends, and expert insights to keep you informed and ahead of the curve. Whether you're a buyer, seller, investor, or simply interested in the market, our daily updates ensure you're always in the know about the hottest developments in Toronto's real estate scene. Stay connected with "Hot Property News: Toronto Daily Digest." How Can Home Buyers Prevent the Common Pitfall of Overlooking Potential Future Maintenance Costs? Homebuyers can take several proactive steps to prevent the common pitfall of overlooking potential future maintenance costs when purchasing a property. Here are some effective strategies: 1. Conduct Thorough Home Inspections Hire a Qualified Inspector: Always have a professional home inspection conducted to identify existing issues and potential maintenance concerns. Ask About Longevity: Inquire about the age and condition of key systems (roof, HVAC, plumbing, electrical) to anticipate future repairs or replacements. 2. Research Property History Review Maintenance Records: Ask the seller for documentation of past maintenance and repairs to understand how well the property has been cared for. Check for Patterns: Investigate whether the property has a history of recurring issues that could indicate deeper problems. 3. Evaluate the Property’s Condition Look Beyond Aesthetics: Focus on structural elements and mechanical systems rather than just cosmetic features. Assess Landscaping Needs: Consider the maintenance requirements of outdoor spaces, including landscaping, irrigation systems, and fencing. 4. Factor in Future Upkeep Costs Estimate Annual Maintenance Costs: As a rule of thumb, budget about 1% of the home’s value annually for maintenance. Adjust this based on the age and condition of the property. Consider Seasonal Maintenance: Identify seasonal tasks such as gutter cleaning, snow removal, and lawn care, and factor these into your budget. 5. Understand Local Climate and Conditions Climate Impacts: Consider how the local climate may affect maintenance needs (e.g., homes in harsh winters may require more upkeep for roofs and heating systems). Natural Disasters: If applicable, assess risks related to natural disasters (floods, hurricanes, etc.) and plan for potential damages and insurance implications. 6. Consult with Experts Seek Advice from Professionals: Engage contractors, real estate agents, or home inspectors who can provide insights into the property’s long-term maintenance needs. Talk to Current Owners: If possible, speak with neighbors or current owners to get their perspectives on maintenance challenges and costs in the area. 7. Factor in Upgrades and Renovations Plan for Future Projects: Identify any renovations or upgrades you plan to make in the future and budget for their maintenance costs as well. Consider Energy Efficiency: Evaluate the energy efficiency of the home; investments in insulation or energy-efficient systems can reduce long-term utility costs. 8. Create a Maintenance Plan Establish a Schedule: Develop a maintenance schedule to stay on top of regular upkeep tasks and prevent small issues from becoming major repairs. Set Aside a Maintenance Fund: Create a dedicated savings account for future maintenance expenses to ensure funds are available when needed. 9. Stay Informed About Market Trends Monitor Property Values: Understanding local market conditions can help predict future costs related to property upkeep and renovations. Engage with Local Community: Being part of local forums or community groups can provide insights into common issues faced by homeowners in the area. Conclusion By taking these proactive steps, homebuyers can prevent the common pitfall of overlooking potential future maintenance costs. Thorough research, professional consultations, and strategic planning will not only help in budgeting for a new home but also contribute to a smoother and more sustainable homeownership experience. Understanding the long-term implications of property maintenance will empower buyers to make informed decisions and enjoy their investment for years to come. "🔥Toronto Real Estate: Hot News & Trends 🏡" Pros and cons of a 10-year fixed mortgage: Is stability worth the cost? - Mortgage Rates & Mortgage Broker News in Canada The 10-year mortgage has long been a niche product in the Canadian mortgage market. canadianmortgagetrends.com Read More ... The Peak Dispatch: Housing Is Driving Canada’s Wealth Gap, and One Company Wants Robots to Help Build Homes Through its website and daily newsletters, The Peak (a ZoomerMedia property) offers Canadians... everythingzoomer.com Read More ... What to know as Canada’s capital gains tax changes remain in legal limbo - MoneySense The federal government’s capital gains inclusion rate increase has yet to become law. There’s a slight chance it may never come to pass. moneysense.ca Read More ... Long list of rules pits Mississauga neighbours against townhouse board | CBC News A Mississauga couple is in the midst of a war of words with their townhouse complex's board of directors — which a handful of residents say is imposing unnecessarily strict new rules on the complex's roughly 140 homeowners. cbc.ca Read More ... FIRST PERSON | I'm about to become a homeowner and leave behind years of rental disputes | CBC News "I’ve bought a house. I’ll cross the threshold into a new chapter, leaving behind years of frustration and neglect," Bella Luna Zuniga writes. cbc.ca Read More ... Canadian Rental List Prices Make First Drop Since COVID, BC & ON Cities Lead Lower - Better Dwelling Canadian rents are showing the first sign of weakness since the pandemic kicked off. A new report from Urbanation & rentals.ca shows the average rental price fell to $2,151 per month in October, down 1.2% since last year. It was the first year-over-year (y/y) drop since July 2021, with the 3-month trend showing annual growth […] betterdwelling.com Read More ... Mayor Chow proposing big change that would see buildings go up all over Toronto Mayor Olivia Chow has proposed a major change to the process of how housing is built in Toronto, one that would allow a new generation of buildings t… blogto.com Read More ... Posthaste: These are the best buyers' markets in Canadian real estate — for now Listings outpace demand in Toronto and Vancouver ca.finance.yahoo.com Read More ... Asking rent in major Canadian cities just dropped for the first time since the pandemic Some promising cost-saving rent trends are emerging that might make tenants across the country's largest cities breathe a sigh of relief. Rentals.ca … blogto.com Read More ... 'Mortgage war': Canadians may emerge winners as banks fight for business RBC notes anecdotal evidence of "significant discounting" at Canadian banks already. ca.finance.yahoo.com Read More ... Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data - Better Dwelling Canada must have found some economic progress in the pocket of an old winter coat. Last week Statistics Canada (Stat Can) made some big upward revisions to the country’s gross domestic product (GDP) data. The country’s national statistics agency found the equivalent of a whole year of economic activity that was hiding between 2021 to […] betterdwelling.com Read More ... Homeownership a “Luxury” for Most Canadians, New Survey Reveals - NetNewsLedger Toronto, ON – A new survey from Habitat for Humanity Canada paints a concerning picture of the housing crisis in Canada, with 84% of Canadians now viewing homeownership as a luxury. The survey, which explores the broader impacts of the housing crisis on Canadians' lives, reveals growing concerns about affordability, mental health, and the widening netnewsledger.com Read More ... 'Financially desperate' Winnipeg business swindled out of 2 properties, lawsuit alleges | CBC News A Winnipeg business owner is suing a man she alleges swindled her out of ownership of two properties after promising financial help — the latest in a string of court proceedings against the man, whom a judge previously described as showing the signs of a "predator" who seeks out financially vulnerable clients. cbc.ca Read More ... Ottawa man clashes with landlord over right to charge his EV | CBC News An Ottawa man feels it's his right to charge his car overnight at his apartment building since electricity is included in his rent, but his landlord disagrees. cbc.ca Read More ... The mystery and reality of AI in real estate  For many, the reality of AI remains a mystery. For others, it has become a tool that is gaining ground and becoming a pillar in their business realestatemagazine.ca Read More ... Fixed mortgage rates may not follow Bank of Canada cuts, former TD economist warns - Mortgage Rates & Mortgage Broker News in Canada While plenty of consumers believe the Bank of Canada’s steady interest rate cuts will drop mortgage rates meaningfully across the board, economist Don Drummond isn't so sure that prediction applies to fixed rate mortgages. canadianmortgagetrends.com Read More ... Canadian banks could face a 'mortgage war,' RBC analysts say More than half of all mortgages with Canadian banks are set to be renewed in the next two fiscal years ca.finance.yahoo.com Read More ... Bank of Canada Warns Policymakers Against Tinkering With Mortgages - Better Dwelling The number two at Canada’s central bank just made it clear she isn’t a policy cheerleader, like the Governor has been in recent months. Bank of Canada (BoC) Deputy Governor Carolyn Rogers addressed finance professionals at the Economic Club of Canada last week, explaining the usual mortgage market risks. It got more interesting when she […] betterdwelling.com Read More ... Your home sold—now what? - MoneySense If you’ve sold your home, putting the money into a Canadian high-interest savings account can help you grow your money while you decide your next move. moneysense.ca Read More ... Unsure about buying a home? Why you should open an FHSA now anyway - MoneySense Saving for a down payment? Or on the fence about home ownership? Either way, opening a first home savings account by Dec. 31 is smart. moneysense.ca Read More ... "📝 Message from the Editor ✨" Welcome to my Newsletter Page! 🎉 I am a professional Real Estate Agent here in the Toronto GTA 🏙️ with an architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home 🏡. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers 💡. I am committed to providing excellent service and going above and beyond for my clients 🤝. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings 🌟. Contact me today! 📞(416) 275-2089 ✉️ Manoj@ManojAtri.com Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings 🔗. Call | Email me for more Info on any GTA Listings, Buying, Selling, Investing or Homebuyer's queries 📩. Click Here to View Listings like Real Estate Agents 🏘️. Click Here For HOMES & CONDOS In Toronto 🏢. Click Here For PRE-SALE CONDOS in Toronto🏗️. How does Rent-To-Own Homes works 🤔? Click Here for Power of Sale Listings💼. Manoj Atri, REALTOR®  "🏡 Experienced Toronto GTA Sales Representative with Architectural Background 🏙️ My Forte: Power of Sale 🔑 Bank Foreclosures 🏦 Fixer-Uppers 🛠️ Rent-To-Own Homes 🏠 All Types of Credits: Low or Zero Down with Bank Cash-Back 💰 + Cash for Renovations Info 🛠️ & Much More! 📞✨" Re/Max Hallmark Realty Ltd., Brokerage 401-685 Sheppard Ave E, Toronto ON M2K 1B6 Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com Websites:   Homebuyer Hub | ManojAtri.com | SearchRealEstateInToronto.ca Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. "Disclaimer: This Newsletter contains summarized content from various sources; full attribution for each article is provided in the original linked content. Articles and Podcasts in this newsletter are generated by AI." If you no longer wish to receive these Emails, please Unsubscribe Here