🌿 31st Oct 2023 - 3 “Green Home” Renovations the CRA Will Pay for!

★ Tuesday 31st October 2023 ★ Buy With Low or Zero Down Payment - FREE Report! GTA Real Estate Hotline: Daily Buzz! "Elevate Your Real Estate Experience: Comprehensive Reports & Exclusive Listings!" "GTA Real Estate Hotline: Daily Buzz" is your daily source for the hottest updates, trends, and buzz in the Greater Toronto Area real estate market. Every day, we provide you with a direct line to the latest buzz-worthy insights, market shifts, and vital information delivered directly to your inbox. Whether you're a prospective buyer, seller, investor, or a real estate enthusiast, our daily buzz covers a wide range of topics, from market dynamics to investment opportunities and expert analysis. Stay in the know with the market's buzz and make informed decisions with "GTA Real Estate Hotline: Daily Buzz" as your trusted resource for navigating the dynamic GTA real estate landscape. How do mortgage brokers get paid? Are there any costs associated with using their services? Mortgage brokers are compensated for their services through a combination of lender-paid and borrower-paid commissions. Here's how mortgage brokers typically get paid, and whether there are costs associated with using their services: Lender-Paid Commission: Mortgage brokers receive a commission from the lenders with whom they work. This commission is usually a percentage of the loan amount, and it is paid by the lender for bringing them a new borrower. The lender pays the broker upon successful loan origination and funding. This commission can vary among lenders and loan products. Borrower-Paid Costs: While mortgage brokers are compensated by lenders, borrowers should be aware that there can be costs associated with using a mortgage broker's services. These costs may include: Broker Fees: Some mortgage brokers charge borrowers a fee for their services. This fee can vary depending on the broker and the complexity of the transaction. Not all brokers charge fees, and some may offer fee options, such as the choice of paying a fee upfront or having it rolled into the loan. Third-Party Fees: Mortgage brokers may assist borrowers in arranging certain services or third-party reports, such as appraisals or credit reports. These costs are typically borne by the borrower and are not part of the broker's commission. Interest Rate Differences: Mortgage brokers may offer borrowers a range of loan options from various lenders. Depending on the loan program and lender chosen, the interest rates and associated costs can vary. Borrowers may opt for a loan with a higher interest rate if it includes a lender credit that covers some of the closing costs. It's important to note that the specific compensation structure and associated costs can vary by broker and by location. When working with a mortgage broker, it's essential to discuss compensation and costs upfront to ensure a clear understanding of how the broker will be compensated and whether there will be any fees or additional expenses. In some cases, working with a mortgage broker can result in cost savings for borrowers, as brokers may have access to a broader range of loan products and lenders, potentially leading to more competitive loan terms. Additionally, brokers can provide valuable assistance in navigating the mortgage application process and helping borrowers find the loan that best fits their needs. To make an informed decision, borrowers should shop around, compare offers from different brokers and lenders, and carefully review the terms and costs associated with each option. 3 “Green Home” Renovations the CRA Will Pay for The government provides cash up front for those wanted to shift to clean energy but don't have the cash. Consider these options! The post 3 “Green Home” Renovations the CRA Will Pay for appeared first on The Motley Fool Canada. ca.finance.yahoo.com READ MORE ... 10 reasons why you should buy a home on Toronto's west side instead of the east side Buying a home in Toronto may not be in everyone's price range these days, but demand for families looking to put down roots in the city remains hig... blogto.com READ MORE ... Bank of Canada reveals October rate decision The central bank has made its second-to-last scheduled rate announcement of the year mpamag.com READ MORE ... Bank of Canada hold means 'suffocating' mortgage payments to stick around Inflation may be cooling, but burden of high interest rates still weighing on homeowners ca.finance.yahoo.com READ MORE ... This $4 million designer Toronto home is the perfect mix of old and new The history of 53 Brunswick Ave. goes all the way back to 1798, when the land was first purchased by Alexander Grant, a member of the Upper Canada ... blogto.com READ MORE ... Data shows majority of new condos in Toronto are owned by investors for profit Despite the fact that Toronto has been trying to enhance measures to stop investors from dominating the city's housing market, a new report from th... blogto.com READ MORE ... Average home price 141% higher than median-earning family can afford: report - BNN Bloomberg The average home price in Canada is 141 per cent higher than what a Canadian household making the median income can afford, according to new data from RATESDOTCA. bnnbloomberg.ca READ MORE ... Mortgage payments outpacing income growth in Canada: Zoocasa - BNN Bloomberg Mortgage costs have grown faster than incomes over the past decade, according to a new report from Zoocasa. bnnbloomberg.ca READ MORE ... Here's what you need to buy a home in the Niagara region Niagara area has some of the most – and least – affordable housing markets in Ontario It’s no surprise that Ontario is one of the least affordable provinces when it comes to housing. The Greater Toronto Area (GTA) is known for having some of the priciest real estate in Canada, with Toronto consistently ranking as one of the most expensive cities for home ownership. But beyond the GTA and into the Niagara region, you’ll find a mix of the... msn.com READ MORE ... Mortgage Matters: Misconceptions in Mortgage Qualifications (Part 2) - Just Sayin' Caledon With all the of the industry’s mortgage qualifying standards, one fact remains there is an abundant of lenders and products to suite all applications. It simply is not a matter of qualifications yet the pricing that you qualify for. Most will be pleasantly shocked at the variety of financing available the challenge for most consumers […] justsayincaledon.com READ MORE ... How Much Mortgage Payments Outpaced Income Growth in the Last 10 Years By Zoocasa How Much Mortgage Payments Outpaced Income Growth in the Last 10 Years ca.investing.com READ MORE ... Short-term rentals: B.C. Hotel Association accused of self-serving advocacy - Okanagan | Globalnews.ca After B.C. announced new short-term rental legislation, the Hotel Association sent out an email titled ‘Advocacy win!’ globalnews.ca READ MORE ... HOUSING CRISIS: Senior facing homelessness after housing rental scam “Where am I supposed to go? If I can’t get into a shelter I’ll be living on the street.” infotel.ca READ MORE ... Why your recycled clothing is destined for the trash; rental scams on the rise: CBC's Marketplace cheat sheet | CBC News CBC's Marketplace rounds up the consumer and health news you need from the week. cbc.ca READ MORE ... There's a funky attic space hidden inside this $4 million Toronto home Square rooms are so passé — triangle-shaped rooms are where it's at.  Or, at least, they are in 72 Ellis Park Rd.  This impressive home overlooking... blogto.com READ MORE ... Calgarians to rally for affordable housing | CityNews Calgary Tenants will be rallying in Calgary's downtown Monday as part of a nationwide fight to protect renters and create more affordable housing. calgary.citynews.ca READ MORE ... This Week’s Top Stories: Canada Can’t Double Its Housing Output & Rate Hike Impact Still Coming - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canada Still Hasn’t Seen The Full Impact of BoC Rate Hikes: National Bank The impact of the Bank of Canada (BoC) rate hikes have yet to be fully felt. That was the take from National Bank, one of Canada’s Big Six banks. […] betterdwelling.com READ MORE ... New CMHC Tool Helps REALTORS® Identify Properties Impacted by Foreign Buyer Ban – CREA news2me.crea.ca READ MORE ... Reasons to consider a reverse mortgage - Mortgage Matters A reverse mortgage can be a valuable financial tool for seniors seeking to tap into the equity of their homes without selling their homes. castanet.net READ MORE ... Huge tower to rise above a century-old warehouse in Toronto Few areas of Toronto have quite the mash-up of heritage and modernity as Liberty Village, where the area's industrial-era character lives on in the... blogto.com READ MORE ... Inventory and new housing starts rising, prices falling: CMHC More new housing starts last month plus record-high existing inventory levels mean lower prices – great for end users, bad for investors realestatemagazine.ca READ MORE ... September real estate statistics show decreasing demand in Muskoka - South Muskoka Doppler The Lakelands Association of Realtors is reporting that the median price for residential non-waterfront property […] southmuskoka.doppleronline.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 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

📉 30th Oct 2023 - Bank of Canada expected a steeper Home Price Decline. Why it could still come!

💥 Monday 30th October 2023 💥 Get FREE Hot New GTA For Sale Listings! Daily GTA Real Estate Dive: Hot Insights! "Informing Your Choices: Expert Reports & Fresh, Desirable Listings!" "Daily GTA Real Estate Dive: Hot Insights" is your daily deep dive into the most insightful and impactful aspects of the Greater Toronto Area real estate market. Each day, we provide you with a comprehensive analysis of the hottest insights, market trends, and crucial information, delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our deep dives cover a wide range of topics, from market dynamics to investment opportunities and expert analysis. Stay well-informed and make informed decisions with "Daily GTA Real Estate Dive: Hot Insights" as your trusted resource in navigating the dynamic GTA real estate landscape. How frequently are these GTA for sale listings updated to ensure they reflect the most recent opportunities? The frequency of updates to Greater Toronto Area (GTA) for sale listings can vary depending on the source of the listings and the platform or service you are using. Here are some general guidelines regarding how frequently GTA for sale listings are typically updated: Real Estate Websites: Many real estate websites and listing platforms update their listings daily. This means that new properties are added, and existing listings are refreshed to reflect changes in availability, price, or other details on a daily basis. It's common for these websites to pull data from multiple listing services (MLS) to ensure accuracy and timeliness. Real Estate Agents: If you are working with a real estate agent, they will have access to the most up-to-date listings through their professional networks and MLS access. Your agent can provide you with immediate updates on new properties and any changes to existing listings. Online Real Estate Portals: Popular real estate portals like Zillow, Realtor.com, and Redfin frequently update their listings. They usually receive data feeds from various sources, including real estate agents and MLS databases, to keep listings current. MLS Listings: MLS databases are typically updated in real-time or at least on a daily basis. These databases are the primary sources of listing data used by real estate professionals and websites. Direct from Sellers: If you're exploring "For Sale By Owner" (FSBO) properties, the frequency of updates can vary. Some sellers might update their listings regularly, while others may not be as diligent. It's a good idea to verify the status and availability of FSBO listings directly with the seller. Property Search Apps: Mobile apps designed for property searches also offer up-to-date listings. These apps often sync with the website databases to provide real-time or daily updated information. It's important to note that the frequency of updates ensures that you have access to the most recent opportunities in the market. However, the pace of the real estate market means that properties can be listed and sold quickly. Therefore, it's essential to work with a real estate professional or actively monitor your preferred real estate platforms to stay informed about new listings and any changes to existing ones. If you're actively searching for a property in the GTA, consider setting up email alerts or notifications on real estate websites or apps to receive immediate updates on new listings that match your criteria. Bank of Canada expected a steeper home price decline. Why it could still come Higher interest rates could lead to a further slowing in Canada's housing market heading into the winter, some economists argue, as the Bank of Canada's key rate remains elevated. msn.com READ MORE >> Interest rates stabilize but mortgage fears persist Even as Bank of Canada holds the line on interest rates, mortgage fears persist o.canada.com READ MORE >> $950 for an apartment? A steal if it's real, but an Ontario man is now just one of the latest scam victims | CBC News Renters in Thunder Bay, Ont., say they've been taken for a ride by online scammers, and anti-fraud interests say they're just some of the victims of a problem that's getting worse across Canada. They also offer red flags to look for to avoid being the latest victim. cbc.ca READ MORE >> Landlords warn that P.E.I.'s housing crisis is about to get worse | CBC News An association representing P.E.I's landlords warns that the housing crisis in the province is poised to get even worse, given that fewer new rental properties are being built, and large and small companies alike are selling off their rental units. cbc.ca READ MORE >> Here is why you need to get insurance if you rent in Metro Vancouver You could be on the hook for a lot more than your belongings in certain circumstances. vancouverisawesome.com READ MORE >> HOUSING CRISIS: Woman searching for rental in Kamloops bombarded by scammers "They sounded skilled, presenting as helpful human beings. It’s dangerous.” infotel.ca READ MORE >> London, Ont., family relocated to hotel after rental infested with mice and cockroaches | CBC News Muhammad Ali and his family came to Canada from Pakistan in hopes of a better life, but their dreams quickly turned into a nightmare when they were forced to relocate to a hotel paid for by the City of London. They were urgently evicted from their rental unit due to deplorable conditions that were impacting the young children's health. cbc.ca READ MORE >> Surrey couple ordered to demolish house extension, laneway rental - BC News A B.C. Supreme Court judge has ordered a couple to demolish their Surrey house extension and laneway structure he said they constructed without regard to laws or regulations. castanet.net READ MORE >> After May 2024, your B.C. Airbnb listing may no longer be valid | Globalnews.ca Under the new rules, when passed, British Columbians will legally only be able to rent out a primary residence and one more additional secondary suite as a short-term rental. globalnews.ca READ MORE >> Toronto mall to be demolished to make way for eight massive towers and a park Toronto malls are fast becoming an endangered species as new development opportunities take precedence over the gutted landscape of brick-and-morta... blogto.com READ MORE >> Politicians Ask Bank of Canada To Ease On Interest Rates But They Shouldn’t - Better Dwelling Canada’s leaders are beefing with the country’s central bank over affordability. Last month, Premiers notified the Bank of Canada (BoC) that rate hikes are making life unaffordable, especially when it comes to housing. The BoC fired back a warning that they shouldn’t be trying to influence a central bank. That’s technically correct, but leaves people […] betterdwelling.com READ MORE >> Lender executives share their insights into the latest mortgage trends - Mortgage Rates & Mortgage Broker News in Canada The lender panel is a perennial fan-favourite at the National Mortgage Conference and this year was no exception. The panel, featuring executives from four key mortgage lenders, covered a number of topics, including emerging trends and issues facing the industry. canadianmortgagetrends.com READ MORE >> High interest rates concerning homeowners with mortgage renewals coming up: survey Homeowners with mortgages coming up for renewal in the next year or so are already thinking about how much more they’ll have to pay a month. winnipeg.ctvnews.ca READ MORE >> How Much Mortgage Payments Outpaced Income Growth in the Last 10 Years By Zoocasa How Much Mortgage Payments Outpaced Income Growth in the Last 10 Years ca.investing.com READ MORE >> Are short-term rentals creating a ‘ghost hotel’ problem in Edmonton? City council is debating how to regulate short-term rentals such as Airbnb in Edmonton. Coun. Michael Janz wants to introduce limitations on the number of short-term rentals in the city, and how they can be used. But not everyone agrees with Janz. Kerry Singh owns short-term rental properties in the city, and she wants to point out the benefits they provide us. cbc.ca READ MORE >> Mortgage Matters: Misconceptions in Mortgage Qualifications (Part 2) - Just Sayin' Caledon With all the of the industry’s mortgage qualifying standards, one fact remains there is an abundant of lenders and products to suite all applications. It simply is not a matter of qualifications yet the pricing that you qualify for. Most will be pleasantly shocked at the variety of financing available the challenge for most consumers […] justsayincaledon.com READ MORE >> Here's what a starter home looks like on P.E.I. — and why it's so hard to get one | CBC News As average home prices outpace household earnings, becoming a first-timer buyer on Prince Edward Island is much harder than it once was. cbc.ca READ MORE >> Fixer-upper home has good bones, teeth HALIFAX - A local 2-story home, recently purchased by Jeff and Priya Steinen, is being hailed as a sound investment due to the structure having “good bones”, as well as healthy teeth, hair, and eye. thebeaverton.com READ MORE >> RE/MAX Kelowna fined $150K by federal money-laundering regulator A Kelowna real estate broker has been fined more than $150,000 for failing to comply with federal anti-money-laundering rules. bc.ctvnews.ca READ MORE >> Homebuyers face 'headwinds' of interest rates, economy: realtor In the Tay, Tiny area, there was a decrease of 9.7% in the number of homes sold in September but median price of non-waterfront homes fell by 3% to $625,000 midlandtoday.ca READ MORE >> Mortgage payments outpacing income growth in Canada: Zoocasa - BNN Bloomberg Mortgage costs have grown faster than incomes over the past decade, according to a new report from Zoocasa. bnnbloomberg.ca READ MORE >> Permanent residents subject to foreign buyers tax because they used China-based company to purchase B.C. building The provincial government was correct to impose its foreign buyers tax on a pair of permanent residents who paid $30 million to acquire a Burnaby apartment building in 2018, the B.C. Supreme Court has ruled. bc.ctvnews.ca READ MORE >> Can a zoning ‘revolution’ save Canada from a housing crisis? | Globalnews.ca Cities around the country are looking to make massive zoning changes to help ease the housing crisis. But will it be enough to help? globalnews.ca READ MORE >> LACKIE: Canadians breathe sigh of relief as Bank of Canada holds rate I heard a good one the other day: How do you know when the real estate market is really bad? The realtors are finally willing to admit it. Har har har. But also, yes, it’s absolutely true. Sentiment is pretty terrible across the board. Buyers are feeling it, sellers are feeling it, and even the eternally optimistic among us are now willing to concede that the seas are rough and what’s out there on the horizon doesn’t look particularly... msn.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 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