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Greater Toronto Real Estate Pulse: Breaking News!"Your ultimate resource for informed decisions: FREE Reports and the latest Listings!"Welcome to "Greater Toronto Real Estate Pulse: Breaking News!" Our daily newsletter is your pulse on the latest breaking news, trends, and insights in the Greater Toronto real estate market. We understand that staying up to date is crucial, so our newsletter delivers real-time updates and impactful information directly to your inbox. Whether you're a buyer, seller, investor, or industry professional, our curated content covers a wide range of topics, including market movements, new developments, investment opportunities, and regulatory changes. Stay ahead of the curve and make informed decisions with our daily pulse on breaking news. Subscribe now to "Greater Toronto Real Estate Pulse: Breaking News" and stay at the forefront of the dynamic Greater Toronto real estate scene. Selling a property "For Sale By Owner" (FSBO) in Toronto is possible, but it does come with specific legal and paperwork requirements that the seller needs to fulfill. Here are some essential legal and paperwork considerations when selling a property FSBO in Toronto: Property Disclosure: In Toronto, sellers are required to provide potential buyers with a property disclosure statement. This statement includes information about the property's condition, any known defects, and any other material facts that may affect the buyer's decision. Agreement of Purchase and Sale: The most critical document in the selling process is the Agreement of Purchase and Sale (APS). This is a legally binding contract between the seller and the buyer that outlines the terms and conditions of the sale, including the purchase price, deposit amount, closing date, and any other specific agreements. Legal Representation: While it is possible to sell FSBO without a real estate agent, it is advisable to seek legal representation from a real estate lawyer who can guide you through the legal aspects of the transaction. The lawyer will review and prepare the necessary legal documents, including the APS, to protect your interests and ensure a smooth closing process. Title Search and Property Documents: The seller needs to provide the buyer with clear title to the property. A title search is conducted to verify ownership and uncover any liens, encumbrances, or other issues that may affect the property's title. The seller must also provide the buyer with relevant property documents, such as survey certificates, utility bills, and permits. Property Tax Information: The seller must disclose the current property tax status, including any outstanding property taxes or credits that will be transferred to the buyer. Condo Status Certificate Documents: If the property is part of a condominium, the seller must provide the buyer with relevant status documents, including building bylaws, financial statements, and other supporting documents. Closing Process: The seller needs to ensure a smooth closing process, which involves coordinating with the buyer, lawyers, and any other involved parties to finalize the transaction. This includes transferring ownership, paying off any outstanding mortgages, and arranging for the transfer of keys and possession to the buyer.
It's essential for sellers to be well-prepared, organized, and knowledgeable about the legal requirements and paperwork involved in a FSBO transaction. Engaging the services of a real estate lawyer experienced in FSBO transactions can provide valuable assistance and peace of mind throughout the process.
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Is the BoC done with rate hikes, or is Canada in for a repeat of the 1980s? Inflation persists, but experts say the driving factors are different today.
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The most expensive residential property areas in Ottawa are Rockcliffe, McKellar Heights and the Glebe/Old Ottawa South and East, according to data.
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LOS ANGELES (AP) — When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades.
Median rent rose just 0.5% in...
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Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Mortgages To Surge Higher As Bond Yield Hits 16 Year High Canadian mortgage rates are set to increase as the Government of Canada 5-year bond yield hit a 16-year high. This yield directly influences the 5-year fixed mortgage rate, which is […]
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A block of single-family homes in Toronto could soon be entirely erased and transformed into a new two-tower condo complex.
A mid-July development ...
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When we first saw 11 Cranberry Lane, we genuinely thought this was a Studio McGee house straight out of the Netflix show, Dream Home Makeover.
The...
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Home prices are supposed to be tanking as interest rates are rising and buyers start pulling away.
But every once in a while, homes like 821 The Q...
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Residents are beginning to move into the 216-unit building at 195 Deerfield Rd., near Davis and Yonge
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The Association of Community Organizations for Reform Now alleges long-term tenants evictions were made in “bad faith” at properties owned by Sangha and Harron Investments.
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An Iranian refugee who has lived in British Columbia since 1995 but did not receive permanent resident status until last year has had his challenge to the constitutionality of the province's foreign buyers' tax rejected by the B.C. Supreme Court.
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This Place: Milton mansion includes everything you need to be the perfect host. Price: $5,288,000 Address: 2081 20 Side Road, Milton Bedrooms: 6 Baths: 6 Taxes: $13,916 Features: This majestic oasis provides countless features to mesmerize guests. Stunning upgrades suitable to accommodate your expectations. Indoor amenities include beautiful kitchen, floor-to-ceiling windows, Indonesian hand-scraped hardwood throughout, […]
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![Rental Housing Industry Fraud [Infographic] | SmartMove](https://diak46rl5chc7.cloudfront.net/orgs/216694/contents/p1zjxs48lxj3yhpv/w460_p1zjxs48lxj3yhpv.png)
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Fraud has been common in the rental housing industry for years, but todays digital landscape has accelerated housing scams. Learn more and what to do about it with our infographic.
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Tenants at several buildings in Toronto have gone on a rent strike to protest unfair treatment by their landlords. Find out more.
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No one earning minimum wage was able to rent out an average apartment last year without spending more than one-third of their income on housing, a recent report has found.
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In a city where you need to make $222,600 a year to buy a house and where parking spots are being sold for more than some homes in Ontario, finding...
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Good tenant screening should include a credit check, eviction history and background report. But there are less obvious aspects to evaluate. Read now.
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Keep an eye out for rental scams and protect your real estate investment. Read tips for avoiding rental scams.
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The Canadian Real Estate Association is cutting its forecast for home sales activity for 2023 and 2024 after a pair of interest rate hikes from the Bank of Canada injected new uncertainty into the housing market. In a forecast released July 14, CREA said that while new listings are now catching up to sales, the growing consensus that rates will not just be higher, but also higher for longer has made it downgrade its April projections. It now...
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National home sales in Canada edged up slightly by 1.5% in June compared to the previous month, according to data from CREA...
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A new report outlining the cost of renting in cities across Canada shows that nowhere in Ontario can someone making minimum wage reasonably afford a one-bedroom apartment.
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Editor's Note"Welcome to my Newsletter Page! I am a professional Real Estate Agent in 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!"
Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any Greater Toronto Area 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 Upper | Rent-To-Own Homes | All types of Credits
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