💥 29th Sept 2023 - Sellers awarded $210,000 after Buyers Fail to Close due to “Unforeseen Circumstances”

★ Friday 29th September 2023 ★ Find Out For FREE "What The Home Down The Street Sold For!" Hot Off the Press: GTA Real Estate Highlights! "Expert Reports for Informed Choices: Unveiling Premier Listings!" "Hot Off the Press: GTA Real Estate Highlights" is your daily source for the freshest and most exciting updates in the Greater Toronto Area real estate market. Each day, we deliver the latest headlines, trends, and market insights directly to your inbox. Whether you're a prospective buyer, seller, investor, or industry enthusiast, our highlights cover a wide range of topics, from breaking news and market shifts to investment opportunities and expert analysis. Stay ahead of the curve and make informed decisions with "Hot Off the Press: GTA Real Estate Highlights" as your trusted resource in the dynamic GTA real estate landscape. How can I access information about what nearby homes have sold for? Accessing information about what nearby homes have sold for is valuable when you're considering buying a property or just want to stay informed about local real estate trends. Here are several ways to gather this information: Real Estate Websites and Apps: Various local websites provide recent sales data, including sale prices, property details, and photos. You can search for sold properties by location, price range, and property type. Real Estate Agents: Local real estate agents have access to the Multiple Listing Service (MLS) database, which contains comprehensive data on properties, including recent sales. They can provide you with a list of recent sales in your desired area. Property Assessment Websites: In some regions, government websites provide property assessment data that includes recent sales prices. Examples include the Municipal Property Assessment Corporation (MPAC) in Ontario, Canada, or local county assessor websites in the United States. County or Municipal Records: Public records offices, typically at the county or municipal level, maintain property sales records. You can visit their websites or contact them to request this information. Keep in mind that the process may vary by location, and some offices may charge a fee for access. Online Real Estate Forums: Online forums and communities focused on real estate, or local real estate forums, often have discussions where users share information about recent sales in their areas. Real Estate News and Publications: Local newspapers and real estate publications often report on recent property sales in the area. You can check their websites or archives for this information. Real Estate Data Services: Some companies specialize in collecting and providing real estate data. They may offer subscription-based services or free basic information on recent sales. Networking: Networking with neighbors, friends, or colleagues who live in the area can sometimes yield insights into recent sales. People often share information informally within their communities. When accessing this information, keep in mind that privacy laws and regulations may vary by jurisdiction, affecting the level of detail available to the public. Additionally, real estate data accuracy can vary, so it's a good idea to cross-reference information from multiple sources for a more comprehensive view of recent sales in your desired area. Working with a local real estate agent can also be valuable, as they have access to up-to-date and accurate data through the MLS and can provide personalized insights based on your specific needs and preferences. Sellers awarded $210,000 after buyers fail to close due to "unforeseen circumstances" In today's turbulent real estate market, buyers who walk away from deals may face hefty consequences realestatemagazine.ca Read More ... 18 months of rent is needed for a Toronto condo down payment: report - BNN Bloomberg A new report suggests the average condo renter will need to save nearly 1.5 years’ worth of rent to afford a condo down payment. bnnbloomberg.ca Read More ... 5 real strategies for finding profitable real estate deals Search for properties that will produce positive cash flow, long-term growth, Monika Jazyk writes yorkregion.com Read More ... This $4.5 million Toronto home gives off Parisian vibes in the best way Built at the turn of the century (in 1914, to be precise), this Rosedale home was (and is), the gatehouse of Drumsnab Park.  It also sits right acr... blogto.com Read More ... Hidden Gems: Unveiling the Best Neighbourhoods for Houses for Sale in Calgary If you've been thinking of making the big move to out west, here are some the best neighbourhoods for houses for sale in Calgary. blog.remax.ca Read More ... Canadian economy remains largely flat in August Marginal growth reduces prospect of further rate hikes mpamag.com Read More ... Average price for Orangeville real estate up 160% since 2013 Like most of Ontario, real estate price growth in Orangeville over the past decade has been staggering. bramptonguardian.com Read More ... Both Niagara Falls and St. Catharines make list of Canada's best small cities | inNiagaraRegion When a global marketing organization that specializes in tourism and real estate created a list of Canada’s Best Small Cities, both Niagara Falls and St. Catharines made the Top-25. Resonance Consultancy says its rankings are based on 32 different factors including housing strategy, dining experience, crime, transportation networks, and social media mentions, among other criteria. […] insauga.com Read More ... The average condo price in Toronto is $400K more than what most people can afford It's no secret that affordability has dwindled drastically, with even median-income earners struggling to keep up and finding it next to impossible... blogto.com Read More ... B.C. could learn from Auckland's "aggressive" housing policy: BCREA B.C. real estate market could benefit from Auckland's "aggressive" housing policy. Find out how this innovative approach is creating change. realestatemagazine.ca Read More ... Latest in mortgage news: Mortgage rates keep surging higher - Mortgage Rates & Mortgage Broker News in Canada Mortgage providers across the country have been busy raising rates over the past week, and it could continue next week with as bond yields continue to rise. canadianmortgagetrends.com Read More ... Canadian Mortgage Rates To Go Higher For Longer As Banks See Smaller Cuts - Better Dwelling Canadians waiting for interest rates to fall might be a little disappointed. The Government of Canada (GoC) 5-year bond yield popped to a new multi-year high again. The yield is an important measure for the market, influencing the cost of similar length mortgages. They aren’t alone—almost all bond yields are rising under the same conditions, […] betterdwelling.com Read More ... Most Canadian buyers need more income to qualify for mortgages Even with rising qualification levels, the income requirement for a Calgary buyer ranks lowest among Canada’s large cities. o.canada.com Read More ... Breaking down barriers to home ownership in the GTA Find out how this first-time buyer finally got into the market torontolife.com Read More ... Some Canadians eyeing return to real estate market despite economic uncertainties While more than half of Canadians believe a recession is looming, some are getting ready to return to real estate, new research suggests realestatemagazine.ca Read More ... Housing in ruins cbc.ca Read More ... 'An exploitation of the housing crisis': Windsor councillor calls rental listing disturbing As Windsor-Essex and cities across the country deal with an affordable housing crisis, one rental listing in Windsor is catching the eye and ire of one city councillor. windsor.ctvnews.ca Read More ... A rental listing shows beds crammed into a room. A city councillor says it highlights student housing issues | CBC News A social media post showing rooms with multiple mattresses on the floor has sparked conversations about affordable housing and student living conditions in Windsor.  cbc.ca Read More ... How far have you gone to secure an apartment? | CBC Radio The housing crisis has dashed the home ownership dreams of many Canadians — and renters aren't faring any better. Housing policy expert Steve Pomeroy says that in Toronto, the renter's reality right now is a "nightmare." cbc.ca Read More ... Canadian Housing Market - September Update | Investing.com Canada Market Overview Analysis by Harbind Kharod covering: Airbnb Inc. Read Harbind Kharod's latest article on Investing.com Canada. ca.investing.com Read More ... How to build a credit history while renting in Canada - MoneySense Tenants are paying a lot in rent every month. Here’s how you can use your rent payments to build your credit history and credit score. moneysense.ca Read More ... Ontario rental registry will tell you how much rent your neighbours are paying The platform aims to create transparency throughout the rental market and ensure favourable rental conditions for all Ontario residents. nationalpost.com Read More ... 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 Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here

🍁 28th Sept 2023 - New to Canada? Here's your Guide to Purchasing or Renting your First Home!

★ Thursday 28th September 2023 ★ Danger! 9 Buyer Traps - FREE Report! GTA Real Estate Snapshot: Daily Hot Topics! Uncover Your Real Estate Journey: Reports & Hot New Listings Await! "GTA Real Estate Snapshot: Daily Hot Topics" is your daily window into the most sizzling discussions and vital subjects in the Greater Toronto Area real estate market. Every day, we provide you with a snapshot of the latest trends, news, and market updates, delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our daily hot topics cover a wide spectrum of discussions, from market shifts and investment opportunities to expert insights and emerging trends. Stay at the forefront of GTA real estate with "GTA Real Estate Snapshot: Daily Hot Topics" as your trusted source for staying informed and engaged in the dynamic market. How can I ensure I'm financially prepared to buy a home in Toronto? Being financially prepared to buy a home in Toronto, one of Canada's most expensive real estate markets, is crucial. Here are steps to help ensure your financial readiness: Assess Your Financial Situation: Calculate your current income, expenses, and existing debts. Check your credit score and credit report to identify and address any issues. Determine your financial goals and how homeownership fits into your long-term plans. Create a Realistic Budget: Establish a budget that accounts for all your monthly expenses, including potential mortgage payments, property taxes, insurance, utilities, and maintenance. Make sure you can comfortably afford these costs without sacrificing other financial priorities. Save for a Down Payment: Save for a down payment, which is typically a percentage of the property's purchase price. In Canada, a minimum of 5% of the purchase price is required for a high-ratio mortgage, but a larger down payment can lower your mortgage insurance costs. Consider setting up a separate savings account dedicated to your down payment fund. Understand Additional Costs: Be aware of one-time closing costs, which include legal fees, land transfer taxes, home inspections, and moving expenses. These can add up to several thousand dollars. Manage Your Debt: Pay down high-interest debt, such as credit cards and personal loans, as high debt levels can affect your mortgage eligibility and affordability. Avoid taking on new debt before applying for a mortgage. Improve Your Credit Score: Maintain a good credit history by paying bills on time and reducing outstanding debts. Avoid opening new credit accounts or closing existing ones shortly before applying for a mortgage. Get Pre-Approved for a Mortgage: Consider getting pre-approved for a mortgage from a lender. This process helps determine how much you can afford and provides you with a budget for your home search. Shop around for mortgage rates and terms to find the best deal. Emergency Fund: Maintain an emergency fund to cover unexpected expenses, including home repairs, medical bills, or job loss. This fund should be separate from your down payment savings. Explore Homebuyer Assistance Programs: Research government programs and incentives for first-time homebuyers in Toronto and Ontario. These programs can provide financial assistance, tax credits, or lower interest rates. Work with a Financial Advisor: Consider consulting a financial advisor to create a comprehensive financial plan tailored to your homeownership goals. Homeownership Education: Educate yourself about the responsibilities and costs associated with homeownership. Attend homebuyer education classes or seminars to gain a better understanding of the process. Plan for the Long Term: Ensure your financial readiness extends beyond the initial purchase. Consider ongoing homeownership costs such as property taxes, insurance, maintenance, and potential future upgrades or renovations. Seek Professional Guidance: Consult with a mortgage broker or financial advisor who specializes in real estate to navigate the Toronto housing market effectively. Remember that homeownership is a long-term commitment, and being financially prepared involves careful planning and discipline. Assess your readiness, set achievable financial goals, and take steps to build a solid financial foundation to make your homebuying journey in Toronto a successful one. New to Canada? Here's your guide to purchasing or renting your first home Navigating Canada's real estate market can be daunting for new immigrants, especially amid an affordable housing crisis. Personal finance columnist Christopher Liew outlines the documentation newcomers will need to rent or purchase a home in Canada, and some key expenses to budget for. ctvnews.ca READ MORE ... 8 Common and Costly Homebuying Myths Think you’re ready to buy a house? Don’t fall victim to these rookie mistakes. moneytalksnews.com READ MORE ... Toronto home sales are taking a nosedive and experts are getting worried The GTA new home market saw a loss of momentum this summer, amid soaring lending rates and low inventories, making it the second-lowest August for ... blogto.com READ MORE ... Fall real estate market outlook: More inventory, but sellers are still expecting a lot - Cottage Life Now that we’re over a year removed from the pandemic’s real estate boom, experts at Re/Max are seeing Ontario’s cottage country return to a more normal sales cycle. “We started to see that, early on in the year, it was pretty slow for the winter months and then we had good activity in the spring,” cottagelife.com READ MORE ... Average five-year fixed mortgage rate edges back down towards six per cent Across all deposit sizes, the average five-year fixed-rate homeowner mortgage is 6.03 per cent, edging down from 6.04 per cent on Tuesday ca.finance.yahoo.com READ MORE ... OPINION: Why Canada should embrace foreign investment in the housing market Discover the untapped potential and surprising benefits of embracing foreign investment in Canada's housing market. Find out why it's a game-changer! realestatemagazine.ca READ MORE ... Calgary real estate expected to see gains this fall Most Canadian resale real estate markets are expected to soften this fall until the end of the year — except Calgary, a new report is forecasting. Re/Max Canada released its new 2023 Fall Housing Market Outlook Report showing that sales and average prices will largely decline year over year in many parts of the country, including Vancouver, Ottawa and Kelowna. “We’re certainly going to be off pace from last year,” says Chris Alexander, president... msn.com READ MORE ... Toronto was just ranked one of the most overvalued housing markets in the world After placing first on the UBS Global Real Estate Bubble Index last year, Toronto has fallen down the ranks in 2023 to claim its spot as the sevent... blogto.com READ MORE ... For Buyers Who Can Afford It, The GTA Real Estate Market Is ‘On Fire’ “Demand is high, but few buyers can afford Toronto real estate. Those who can buy are buying quickly, and paying above the seller’s asking price.” storeys.com READ MORE ... GTA New Home Market Faces August Slump Amid Interest Rate Hikes - NetNewsLedger Altus Group Report Reveals Challenging Month for Toronto's Housing Sector Toronto - BUSINESS - The Greater Toronto Area's (GTA) new home market encountered a sluggish August, marked by a notable decline in sales, according to a recent report released by the Building Industry and Land Development Association (BILD). As interest rates took an upward turn, netnewsledger.com READ MORE ... B.C. government orders 60,000 new homes built in 10 municipalities the next five years | CBC News Housing Minister Ravi Kahlon announced the exact numbers for net new units in the 10 municipalities on Tuesday, months after the province first said those communities would be targeted as part of the government's push for additional housing supply.  cbc.ca READ MORE ... This $2 million Toronto home underwent a huge makeover and now looks better than ever Back in 2014, we featured 325 Perth Ave. as the house of the week, boasting how great of a catch it was with its open concept layout, basement apar... blogto.com READ MORE ... Why collaboration is more important than ever in combating mortgage fraud Equifax fraud expert on the value of industry and cross-industry teamwork in protecting consumers mpamag.com READ MORE ... Vacancy rate in Muskoka below 1% in 2022, continuing 3-year downward trend 17 new units were built in 2022, falling short of the annual objective. muskokaregion.com READ MORE ... House of the week: Mississauga home comes with finished basement apartment | insauga Mississauga house of the week. insauga.com READ MORE ... The rental market and a $2.1 trillion housing gap CEO explains how immigration, red tape, and slow construction make for opportunities in Canada's rental market wealthprofessional.ca READ MORE ... Kelowna family whose home was flipped to a short-term rental says she was ‘pushed out by greed’ - Kelowna News She’s so disheartened she’s planning to not just move out of the Okanagan, but out of the country. castanet.net READ MORE ... A tenant advocate debunks nine myths about renting in Ontario Misconceptions around evictions, landlords entering the space and deposits are common. thestar.com READ MORE ... Posthaste: Canadians could be gearing up to enter the housing market again Yet many think we're about to enter a recession or are in one already, survey says ca.finance.yahoo.com READ MORE ... Class Action Against Toronto Real Estate Industry Price Fixing Gets Approved - Better Dwelling Canadian real estate agents may be in for a significant change to their paycheque. Two years ago, a class action was launched alleging real estate sale commissions are price-fixed in Greater Toronto. This week, industry defendants had their attempts to dismiss the case come to an end. A federal judge just determined the class action […] betterdwelling.com READ MORE ... Turning offices into homes could help address the housing crisis, but can it be done? OTTAWA - The building used to feature endless cubicles, long hallways and fluorescent lighting. Now, the same ... lethbridgenewsnow.com READ MORE ... One of Toronto's last affordable neighbourhoods is no longer affordable for many long-term residents | CBC Radio As housing costs skyrocket across Canada, some communities fear gentrification will price them out of the neighbourhoods they love, and leave them with nowhere to go. cbc.ca READ MORE ... Here's how long you need to save up to buy a condo in Toronto Preparing to purchase your first condo in Toronto can be an incredibly stressful experience (to say the very least), given all the uncertainties th... blogto.com READ MORE ... Land Transfer Tax Impacting Home Buying Decisions When buying a home in the Toronto real estate market, the land transfer tax is a hefty levy you must budget for. blog.remax.ca READ MORE ... 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 Websites:   Homebuyer Hub | ManojAtri.com | ManojAtri.ca | SearchHousesForSale.ca SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • OLD Fan Page: Rent to Own Homes GTA • Facebook NEW Fan Page Blog • Instagram • LinkedIn • Pinterest • Twitter • Tumblr • Youtube • Client Testimonials Subscribe To My FREE Daily Curated Hot News Articles e-Newsletter! © Copyright 2023 ManojAtri.com All rights reserved. If you no longer wish to receive these Emails, please Unsubscribe Here