Wednesday, August 16, 2023

😨 16th Aug 2023 - Greater Toronto Real Estate Express: Daily Briefing

Wednesday 16th August 2023
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Greater Toronto Real Estate Express: Daily Briefing!

"Your gateway to Home Buying and Selling success
with our insightful Reports and handpicked Listings."

Welcome to "Greater Toronto Real Estate Express: Daily Briefing!" Our daily newsletter is your express route to the latest briefings, trends, and insights in the Greater Toronto real estate market. We understand that your time is valuable, so our briefing delivers concise yet comprehensive 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 updates, new listings, investment opportunities, and expert opinions. Stay informed and make informed decisions with our daily briefing. Subscribe now to "Greater Toronto Real Estate Express: Daily Briefing" and get your daily dose of the most relevant information in the fast-paced Greater Toronto real estate scene.

Absolutely, there are several important preparations you should make before a home inspection in Toronto to ensure that the process goes smoothly and you get a comprehensive assessment of the property's condition. Here's what you should consider:

  1. Confirm Inspection Details: Coordinate with your real estate agent to confirm the date, time, and location of the inspection. Ensure that all relevant parties, including the seller and listing agent, are informed.

  2. Access to the Property: Ensure that the property is accessible for the inspector. Make arrangements with the seller or listing agent to have keys or access codes available.

  3. Utilities: Ensure that all utilities, including electricity, water, and gas, are turned on. This is essential for testing systems like HVAC, plumbing, and appliances.

  4. Clear Access: Clear the areas around major systems, such as the furnace, water heater, electrical panel, and attic or crawl space entrances. The inspector needs unobstructed access to these areas.

  5. Pets: If you have pets, consider removing them from the property during the inspection. This will help the inspector and any potential buyers focus on the task at hand.

  6. Documentation: Provide the inspector with any documentation you have about recent repairs, renovations, or maintenance performed on the property. This can give the inspector valuable context.

  7. Prepare Questions: Prepare a list of questions or concerns you have about the property. The inspector can address these during the inspection or in the final report.

  8. Accompany the Inspector: While not mandatory, it's a good idea to be present during the inspection. This allows you to ask questions, get clarifications, and understand any issues firsthand.

  9. Dress Appropriately: Wear comfortable clothing and shoes that are suitable for walking around the property and potentially accessing tight spaces like attics or crawl spaces.

  10. Note-Taking: Bring a notepad and pen to jot down important information provided by the inspector. This will be useful when reviewing the inspection report.

  11. Plan for Time: Home inspections can take a few hours, depending on the property's size and condition. Plan your schedule accordingly.

  12. Be Open-Minded: Keep in mind that no property is perfect. Home inspectors may identify minor issues, which is normal. Focus on understanding the significance of any problems and their potential impact.

  13. Ask About Safety Measures: Due to safety concerns or inaccessible areas, some parts of the property may not be fully inspected. Ask the inspector about these limitations.

  14. Post-Inspection Plan: After the inspection, plan to review the inspector's report carefully. If any significant issues are identified, discuss them with your real estate agent to determine the best course of action.

By preparing for the home inspection, you'll help the inspector do a thorough job and gain a better understanding of the property's condition. This information is crucial for making informed decisions about the purchase.

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Victoria rental costs remain over $2,000 for one-bedroom: reports
Posthaste: Real estate investors are shying away from Canada's biggest city
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How 'the Montreal shuffle' is destroying a city's rental market | CityNews Toronto
Canada's office market to worsen ... a bit ... before improving: Colliers
Canadian Home Sales See Little Change From June to July
Inventory Recovering in Major Markets Including Vancouver and Toronto: CREA By Zoocasa
Listing of the week: A recently upgraded, four-season cottage that gets sun all day - Cottage Life
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Canadian Real Estate Losses Are Reversing At A Brisk Pace: BMO - Better Dwelling
July sees minor dip in home sales, GTA decline drives national drop
Toronto is in a housing ‘crisis’ leaving newcomers, residents in the lurch  | Globalnews.ca
‘Back to the sidelines?’ How rate hikes affected July’s housing market - National | Globalnews.ca
Condo of the Week: $1.8 million for an East Bayfront unit with a rooftop pool overlooking the boardwalk
Canadian Real Estate Prices Move Lower After Five Months of Growth - Better Dwelling
July home sales see largest annual rise in two years: CREA
Rent prices in North York and Etobicoke as well as Scarborough up year-over-year
How the Canadian real estate market has changed: 2013 vs. 2023
Housing experts, advocates, industry have unified message for government: Get more rentals built | CBC News
As home prices stabilize, the income required to own climbs - BNN Bloomberg

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
Low or Zero down With Bank Cash-Back | Cash For Renovations & 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

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