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Your Daily GTA Real Estate Fix!"Open doors to Real Estate success with our FREE Reports and top-notch Listings!"Welcome to "Your Daily GTA Real Estate Fix!" Our daily newsletter is your go-to source for a daily fix of the latest news, trends, and insights in the Greater Toronto Area real estate market. We understand that staying informed is addictive, so our fix delivers the most relevant 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 updates, new listings, investment opportunities, and expert analysis. Get your daily dose of knowledge and make informed decisions with our newsletter. Subscribe now to "Your Daily GTA Real Estate Fix" and satisfy your craving for information in the dynamic GTA real estate scene. When buying a home in Toronto, there are some lesser-known factors and considerations that can lead to significant cost savings. These factors might not be immediately apparent but can make a substantial difference in your overall expenses. Here are a few to keep in mind: Timing: The timing of your purchase can impact prices. Real estate markets can have seasonal fluctuations, and buying during off-peak times might result in more negotiating power and potentially better deals. Pre-Approval: Getting pre-approved for a mortgage can help you understand your budget and prevent you from falling in love with a home you can't afford. It also gives you an advantage during negotiations. Neighborhood Trends: Look for neighborhoods that are on the cusp of growth but haven't fully appreciated yet. Investing in an up-and-coming neighborhood can offer more affordable options that gain value over time. Property Taxes: Research property tax rates in different neighborhoods. Lower property taxes can significantly impact your ongoing costs. Energy Efficiency: Consider the energy efficiency of the home. Properties with energy-efficient features can result in lower utility bills over time. Commuting Costs: While a property might be more affordable outside the city center, consider the potential increase in commuting costs and time. Sometimes paying more for a centrally located property can save on transportation expenses. Renovation Potential: A property that needs some cosmetic updates might be more affordable initially but can offer cost-saving opportunities for those willing to put in the work. Seller's Motivation: If a seller is motivated to move quickly, they might be more open to negotiation or more likely to accept an offer below the asking price. Hidden Gems: Sometimes properties that aren't marketed as aggressively or have unique features might be overlooked by other buyers, giving you a chance to negotiate a better deal. Interest Rate Negotiation: While interest rates are largely determined by the market, you can still negotiate with lenders for better terms or explore different lenders for competitive rates. Closing Costs Negotiation: Some closing costs, like title insurance or attorney fees, might be negotiable. It's worth discussing these costs with your real estate agent. Loan Type Selection: Depending on your financial situation, different types of mortgages might offer better rates or terms. Consulting a mortgage professional can help you choose the right option. Home Inspection Negotiation: After a home inspection, you can negotiate with the seller to address any issues found. This negotiation can result in repairs or credits that save you money. Employer Relocation Programs: If you're moving for work, check if your employer offers any relocation assistance or benefits that can offset your moving costs.
Remember that each buyer's situation is unique. Careful research, working with experienced professionals, and being open to creative solutions can help you identify cost-saving opportunities that align with your specific needs and goals.
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The would-be purchaser was ordered to pay compensation of 12 months' rent even though they weren’t able to complete the subject-free sale because their financing didn’t come through. They also lost a $30,000 deposit.
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Housing prices continue to climb across the country, and the only affordable, if you can even say that, homes in all of Ontario are in Niagara Fall...
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Manitoba New Democrats are promising to increase a tax credit for renters and make it harder for landlords to raise rents above the province's annual guideline.
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This place: It’s two houses in one! This duplex has a two-bedroom, one-bathroom unit on the lower level with a one-bedroom, one-bathroom unit up on the second floor. Price: $699,900 Address: 187 Erie St Neighbourhood: King St. neighbourhood Big selling point: Freshly renovated, vacant and cleaned main/ground level unit ready to be rented at the market […]
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A complex with what would be one of the tallest buildings in the Greater Toronto Area promises to add even more height to what is already an impres...
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What would you give up for affordable living in New York City? Or be minutes from the beach in Santa Monica, California? In today's expensive and fiercely
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An international student is speaking out about the living conditions he and other tenants have been subjected to while studying in Toronto.
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Basement can accommodate 50 seated guests, and patio transforms into a dining area with long table. Overlooking ravine, luxury abode is bright, roomy.
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It wasn't too long ago when laneway houses were pretty much non-existent.
But after that red tape got cut in 2018, we've had the pleasure of seeing...
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As Canadians are struggling with mortgage payments, banks may offer a mortgage extension. Here's some risks associated with it.
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Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian GDP To Show Slowing Growth, Or The BoC May Hike Rates: RBC Canada’s largest bank is warning investors that the country’s economic output is slowing. RBC expects next week’s official Q2 2023 GDP growth data to show a sharp deceleration in […]
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For many housing experts, advocates and municipal officials, the seeds of today's housing crisis were planted with a policy shift in the federal government decades ago. It got out of building social housing, leaving a deficit of non-market housing that people could afford.
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CALGARY - Luis Sanchez Diaz didn't win a lottery this year for on-campus housing at the University of Calgary,...
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Most of Canada’s major banks are now offering the First Home Savings Account (FHSA) as a way to help Canadians save up for one of the biggest purchases they’ll make
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This Place: Beautiful house in Milton has extensive renovations that make it a must-see. Price: $1,599,800 Address: 283 Cochrane Terrace., Milton Bedrooms: 4 Baths: 4 Lot Dimensions: 4569 x 88.73 feet Taxes: $5,107 Features: The entire residence has undergone a top-notch renovation, boasting elegant finishes throughout, nine-foot ceilings, pot lights, and hardwood flooring, creating a […]
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GTA resale market more balanced in July – TRREB - Please browse through our blog section for more information on Real Estate News.
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The housing affordability crisis has been created in large part by high mortgage rates, with the 30-year fixed rate clocking in around 7.5% this week.
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Now that fall is just around the corner with the other side of labour day coming up far too fast, anticipation is all around us. September will see children back to school, the return of familiar rhythms and routines in the home and workplace, and of course, the return of truly excruciating traffic in this city. You know, the usual. For those interested in real estate, that first week after the long weekend appears to be even more hotly...
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Buying a home comes down to more than just the downpayment and the mortgage costs. Here's what to know about closing fees and and rebates available to first-time homebuyers.
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ReMax report found 29 per cent of Canadians willing to buy a home with friends or family. This trio, already homeowners, plan to rent out their unit.
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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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401-685 Sheppard Ave E, Toronto ON M2K 1B6
Cell: [416] 275-2089 | Office: [416] 494-7653 | Email: Manoj@ManojAtri.com
Websites:
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