💡 8th Dec 2023 - Six Choices For Homeowners Refinancing A Mortgage With Soaring Interest Rates!

💥 Friday 8th December 2023 💥 Master The Art of For Sale By Owner! Curated GTA Real Estate Thrive: Daily Buzz! "Maximize Your Move: Free Reports & the Hottest New Listings!" "Curated GTA Real Estate Thrive: Daily Buzz" is your daily source of buzzing insights and thriving developments in the Greater Toronto Area real estate market. Each day, we deliver a curated collection of the most thriving trends, market insights, and critical updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Buzz" covers a wide range of topics, from emerging market trends to thriving investment opportunities and expert analysis. Stay engaged and well-informed with the market's buzz through "Curated GTA Real Estate Thrive: Daily Buzz" as your trusted resource in navigating the dynamic GTA real estate landscape. Can I still access the Multiple Listing Service (MLS) when selling "For Sale By Owner" in Toronto? In Toronto, as in many real estate markets, access to the Multiple Listing Service (MLS) is typically limited to licensed real estate agents and brokerages. The MLS is a powerful tool used by real estate professionals to share information about properties for sale with one another. It is not directly accessible to individual homeowners selling "For Sale By Owner" (FSBO). However, there are alternative options for FSBO sellers to gain exposure and market their properties: Flat-Fee MLS Services: Some companies offer flat-fee MLS services that allow FSBO sellers to list their properties on the MLS for a one-time fee. This service provides exposure to a broader audience of buyers who are working with real estate agents. Online Listing Platforms: There are numerous online platforms and websites where FSBO sellers can create listings to showcase their properties. While these platforms may not have the same reach as the MLS, they can still attract potential buyers. Social Media and Online Marketing: FSBO sellers can leverage social media and online marketing to promote their properties. Creating a dedicated website, using social media platforms, and advertising on real estate websites can help reach a wide audience. Yard Signs and Local Advertising: Traditional methods like placing a "For Sale" sign on the property and advertising in local newspapers or community bulletin boards can still be effective in attracting local buyers. Open Houses: Hosting open houses can be a way to showcase the property to potential buyers directly. This provides an opportunity to highlight the property's features and answer questions from interested parties. While FSBO sellers may not have direct access to the MLS, they can employ a combination of these strategies to effectively market their properties. It's essential to be proactive in marketing efforts and consider seeking professional advice on pricing, presentation, and legal aspects of the sale. Keep in mind that, even as an FSBO seller, you may encounter buyers who are represented by real estate agents, and cooperating with buyer's agents is common in real estate transactions. Six Choices for Homeowners Refinancing a Mortgage with Soaring Interest Rates How can you limit the financial pain when refinancing your mortgage amid a rising-rate climate? Let’s explore six options. blog.remax.ca READ MORE ... Housing market cooldown continued in November, but no signs of distressed selling yet - Mortgage Rates & Mortgage Broker News in Canada The slowdown in housing activity across the country continued in November, but so far there aren't signs of widespread distressed selling, figures show. canadianmortgagetrends.com READ MORE ... Home sales slowing says Winnipeg Regional Real Estate Board - Winnipeg | Globalnews.ca The region has seen more active listings on MLS for homes this November, compared to both the previous year and the five-year average. globalnews.ca READ MORE ... 'Expect damage': Regina couple watch police raid their Airbnb on doorbell camera A Regina couple who own an Airbnb received a surprising phone call from police last Wednesday alerting them their property was about to be raided. regina.ctvnews.ca READ MORE ... Decorate the rental room! Make it livable: Make a small room beautiful with plenty of storage: inzpy.com Move into a rented room, apartment, or condo that has a smaller room size. But there are many assets. How to organize it without clutter? Let's take a electriccitymagazine.ca READ MORE ... Net Lease vs. Gross Lease: What's the Difference? A RE/MAX CRE expert can clarify how a net lease vs. gross lease can impact your business success. Before you sign, add a RE/MAX agent to your lease review team! blog.remax.ca READ MORE ... High rent and house prices partly down to immigration, BoC deputy says The recent surge in newcomers is adding to inflation through housing demand and rents and home prices could continue to rise without boosting hou... kelownanow.com READ MORE ... Canadian buyers need more income to qualify for mortgages Homes just keep getting less affordable even as prices fall across Canada, a new report has found. Online mortgage brokerage Nesto released a report in late November examining October data that found Canadian buyers on average needed about five per cent more annual income compared with last fall to qualify for a mortgage to purchase an average priced home. Basing its data on a 20 per cent down payment and the average five-year, fixed rate... msn.com READ MORE ... Takeaways for advisors after Bank of Canada decision BoC holds rates, experts weigh in on likelihood of future cuts wealthprofessional.ca READ MORE ... Latest Commercial Real Estate Market Trends in Canada RE/MAX experts have their finger on the pulse of Canadian commercial real estate market trends. Let a RE/MAX agent help you find a property that works. blog.remax.ca READ MORE ... Plummeting bond yields could mean lower mortgage rates by spring, say industry watchers Twenty months after the Bank of Canada launched one of the most intense interest-rate hiking cycles on record, the bond market is indicating that cuts are on the way. Government of Canada benchmark five-year bond yields dipped below 3.5 per cent on Dec. 5 to 3.44 per cent, according to data on the central bank’s website, then fell below 3.4 per cent a day later. That put five-year yields down more than 100 basis points from their peak of 4.42... msn.com READ MORE ... Markets: How many rate cuts are being priced in for 2024? Wall Street is increasingly bullish on the market outlook (^GSPC, ^DJI, ^IXIC) in 2024. Saxo Senior Fixed Income Strategist Althea Spinozzi and Roundhill Investments Chief Strategy Officer David Mazza join Yahoo Finance Live to discuss what 2024 may hold in store for the Fed's interest rate policy and how markets are already pricing in expected interest rate cuts. "Realistically, we believe that inflation is going to have lesser importance than growth throughout 2024. But central banks are going to be cautious about that," Spinozzi says. "So, right now, the market is pricing in five interest rate cuts by the end of 2024. We believe that that is ahead of itself." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. ca.finance.yahoo.com READ MORE ... High immigration contributing to housing inflation, BoC says - Mortgage Rates & Mortgage Broker News in Canada While spending by newcomers to Canada is having a negligible impact on headline inflation, it is contributing to elevated housing and rent prices, the Bank of Canada says. canadianmortgagetrends.com READ MORE ... Roughly half of first-time buyers likely to use first home savings account: BMO poll A new survey suggests a little more than half of potential first-time homebuyers are interested in using a first home savings account, even though they don't know much about it. cp24.com READ MORE ... BoC holds key interest rate steady as speculation shifts to timing of rate cuts The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024. ctvnews.ca READ MORE ... The Chase: One couple’s race to find a house within an hour of the city for under $800,000 When property prices dropped last winter, Anna and Anastasia hurried to upgrade from their apartment before the market heated up again torontolife.com READ MORE ... All quiet on most fronts in Canada’s housing markets - RBC Thought Leadership It’s been a tranquil fall season for Canada’s housing markets this year. Early results from local real estate boards confirmed the broad cooling that took hold late this summer persisted into November. thoughtleadership.rbc.com READ MORE ... Surreal Estate: $6.2 million for an après-ski haven in the Blue Mountains with a CrossFit gym What wintry lodge would be complete without nine bathrooms, a three-sided fireplace, a theatre and a backyard built for shinny? torontolife.com READ MORE ... Montreal home sales down in November | CityNews Toronto The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales in November edged down one per cent compared with the same month last year. The association says home sales in the region totalled 2,664, down from 2,700 in November 2022. Single-family home sales totalled 1,329, down from 1,451 a year earlier, while condominium […] toronto.citynews.ca READ MORE ... Two of Canada’s Largest Banks Hit With Anti-Money Laundering Fines - Better Dwelling Canada’s financial crime watchdog appears to have just woken up. This week, FINTRAC announced they fined two of the country’s biggest banks for anti-money laundering (AML) non-compliance. Sampling just a small number of transactions, the agency found serious gaps in reporting procedures that may have allowed dodgy money to slip through the system.  RBC Failed […] betterdwelling.com READ MORE ... Ottawa home sales slow as interest rate brings about hesitancy Ottawa's real estate market typically slows down during the colder months of the year, and this year is shaping up to be no exception. ottawa.ctvnews.ca READ MORE ... Housing sales in London, Ont., hit 'historic' low in November | CBC News Residential home sales in London, Ont., declined in November, with the number of transactions down to nearly half of what they were during the peak of the pandemic three years ago, according to a local realtor.  cbc.ca READ MORE ... This average Toronto home is almost $3 million because of the backyard neighbours In Canada, only 50 per cent of people trust their neighbours. And, according to Statistics Canada, if you live in a big city that has more than 1.5... blogto.com READ MORE ... Current Trends in Canadian Homeownership and the Mortgage Industry By Zoocasa Current Trends in Canadian Homeownership and the Mortgage Industry ca.investing.com READ MORE ... Rising Interest Rates: Opportunity or Threat for Canadian Real Estate Investors? Where real estate prices will go depends on the supply-demand dynamic in the industry as well as where interest rates will go. fool.ca READ MORE ... Firm Standing on Mortgage Renewals: No Relief on Stress Test With interest rates rising, more Canadians are struggling obtain mortgage renewals due to mortgage stress test. Learn more here. 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 SearchRealEstateInToronto.ca | Rent-To-Own Homes | ManojAtri.ReMaxHallmarkRealty.ca  Social Media: Facebook Profile • Blog • Pinterest • Tumblr 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

💰 10th Nov 2023 - Canadian Homeowners can save big with these 6 Tax Incentives!

★ Friday 10th November 2023 ★ FREE Report - Stop Paying Your Landlord's Mortgage! Unlocking Toronto's Real Estate: Daily Revelations! "Discover, Decide, Deliver: Reports & the Most Desirable Listings!" "Unlocking Toronto's Real Estate: Daily Revelations" is your daily key to unlocking the hidden secrets and gaining valuable insights into the Toronto real estate market. We provide you with daily revelations, trends, and market updates delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our content covers a wide range of topics, from hidden opportunities to expert analysis and emerging market trends. Join us in unlocking the potential of Toronto's real estate and stay informed with "Unlocking Toronto's Real Estate: Daily Revelations" as your trusted guide. What are some common misconceptions or myths about homeownership in Toronto, and how can I overcome them? Common misconceptions or myths about homeownership in Toronto can sometimes influence people's decisions and prevent them from making informed choices. Here are some of these myths and how to overcome them: Myth 1: Renting Is Always Cheaper Than Buying. Overcoming It: This myth can be overcome by conducting a thorough cost analysis. While renting may have lower upfront costs, long-term homeownership can often build equity and result in financial benefits. Use online rent vs. buy calculators to compare the costs and evaluate what makes the most financial sense for your situation. Myth 2: You Need a Large Down Payment. Overcoming It: While a larger down payment can be advantageous, there are mortgage programs in Canada that allow for lower down payments, such as the minimum 5% down payment required by the Canadian Mortgage and Housing Corporation (CMHC) for homes valued at $500,000 or less. It's essential to explore these options and work with a mortgage professional to determine your eligibility. Myth 3: You Need Perfect Credit to Buy a Home. Overcoming It: While good credit is important, having "perfect" credit isn't always necessary. There are mortgage options available for individuals with less-than-perfect credit, although they may come with higher interest rates. Improving your credit score before buying a home is advisable. You can work on credit repair and financial stability to enhance your mortgage eligibility. Myth 4: You Must Buy in the City Center. Overcoming It: Toronto has many neighborhoods, and homebuyers don't have to limit their search to the city center. Exploring surrounding neighborhoods or suburbs can offer more affordable options, often with excellent amenities and good transit access. Consider your lifestyle and priorities when choosing a location. Myth 5: A 20% Down Payment Is Required to Avoid Mortgage Insurance. Overcoming It: While a 20% down payment does allow you to avoid mortgage insurance (CMHC insurance), it's not the only option. You can still purchase a home with a lower down payment and pay mortgage insurance premiums. These premiums can be added to the mortgage and paid over time. Myth 6: You Need to Be Debt-Free to Buy a Home. Overcoming It: Having some level of debt doesn't necessarily disqualify you from homeownership. Lenders consider your debt-to-income ratio when evaluating your mortgage application. Reducing high-interest debt and managing your finances responsibly can improve your financial position. Myth 7: You Can't Buy a Home While Self-Employed. Overcoming It: Being self-employed can make mortgage approval more complex, but it's not impossible. Lenders may require additional documentation to verify your income. Work with a mortgage broker or lender experienced in dealing with self-employed individuals to navigate the process. Overcoming these myths often requires education, research, and financial planning. Working with experienced professionals, such as real estate agents and mortgage brokers, can also help dispel misconceptions and guide you toward homeownership in Toronto while making informed decisions. Canadian homeowners can save big with these 6 tax incentives As part of Financial Literacy Month, the Canada Revenue Agency (CRA) has shared some great tax incentives Canadian homeowners should know about. &q... blogto.com READ MORE ... 35% of homeowners are concerned about paying their mortgage, 31% concerned about their economic future: survey This Financial Literacy Month, let's take a closer look at how Canadians are feeling about their economic future and how they can take greater control of their finances. rates.ca READ MORE ... How can private and alternative lenders meet the needs of a growing market? Onus is on lenders to attract investment through shared best practices and common approach, president argues mpamag.com READ MORE ... Toronto vows to build 65,000 rent-controlled homes in bid to combat housing crisis Toronto City Council has endorsed an ambitious new affordable housing plan that will set out to build 65,000 rent-controlled homes by 2030— but still lacks billions of dollars in funding. toronto.ctvnews.ca READ MORE ... Tiny homes: A developer says micro-houses are the future for St. John’s and its housing crunch | RCI Sean Hickey of Stephenville says tiny homes can provide comfortable living at low rent ici.radio-canada.ca READ MORE ... Condo of the Week: $1.1 million for a home among the clouds at Yonge and Eglinton The 1,000-square-foot unit comes with three bathrooms, a walk-in closet, plenty of amenities and a stunning Midtown view torontolife.com READ MORE ... Deals to be had? Just 2 large Ontario markets in overbid conditions: Wahi Cambridge and Kitchener are the overbidding exceptions to the recent underbid trend across Ontario’s major markets realestatemagazine.ca READ MORE ... Cold market: Real estate prices continue to decline in Fort McMurray | CBC News Fort McMurray's housing market, once among the hottest in the province, has seen prices decline in a big way.  cbc.ca READ MORE ... Bank of Canada officials split on need for more rate hikes, deliberations show | CBC News Further interest rate hikes from the Bank of Canada are very much still on the table as its governing council remains split on whether rates may need to rise further. cbc.ca READ MORE ... Ottawa sees highest number of active October real estate listings in 5 years The Ottawa Real Estate Board says the October home sales numbers show a typical lull for this time of year, but active listings are at a five-year high. ottawa.ctvnews.ca READ MORE ... Interest rates continue to take a toll on housing as sales and prices continue to soften - Mortgage Rates & Mortgage Broker News in Canada Higher interest rates are continuing to exert downward pressure on both home sales and prices, according to real estate boards in the country's largest markets. canadianmortgagetrends.com READ MORE ... 'EXQUISITE': These Toronto homes and condos are among the most viewed in Canada with prices ranging from $472,000 to nearly $10 million, according to Zoocasa Real estate brokerage Zoocasa has released their list of the most viewed homes in October, with five in Toronto making the list toronto.com READ MORE ... Bank of Canada not yet dismissing the possibility of further hikes Inflation across most developed economies has steadily eased over the last few months, the central bank says mpamag.com READ MORE ... Latest in mortgage news: Lenders cut select fixed rates by up to 30 bps - Mortgage Rates & Mortgage Broker News in Canada Mortgage providers across the country have been dropping fixed mortgage rates throughout the week in response to a sharp decline in bond yields. canadianmortgagetrends.com READ MORE ... Buyers take ‘upper hand’ in some of Canada’s most expensive housing markets - National | Globalnews.ca Canada's housing markets are slowing under the weight of higher interest rates this fall, with an RBC report arguing that's giving some buyers more choice. globalnews.ca READ MORE ... The Bank of Canada's latest rate hold wasn't unanimous, meeting minutes show - Mortgage Rates & Mortgage Broker News in Canada While the Bank of Canada's rate hold last month was a welcome reprieve for borrowers, minutes from the meeting show the decision wasn't a unanimous one. canadianmortgagetrends.com READ MORE ... Posthaste: The risk of forced home sales is rising in Canada, warns economist Increase in the number of insured mortgages being refinanced with non-bank lenders raises red flags ca.finance.yahoo.com READ MORE ... More Calgary basement suites amidst housing crisis | CityNews Calgary With rising inflation and higher mortgage payments, Calgary sees a growing demand for houses with secondary suites and walk out basements. calgary.citynews.ca READ MORE ... Toronto Real Estate Brokerage Placed Under Receivership After Fraud Allegations - Better Dwelling Two years after fraud allegations first hit, a court is finally taking control of a brokerage’s assets. An Ontario judge has placed Wynn Realty Corp under receivership as of October 25th. Realtor Courtney “Lynn” Simpson and her broker/husband Kenneth Simpson are alleged to have defrauded dozens of clients. This isn’t the Realtor’s first rodeo either—she […] betterdwelling.com READ MORE ... There's too much guesswork in renting an Airbnb. The short-term rental giant is trying to fix that Airbnb will highlight rental listings that have received top scores from guests, information that the company’s CEO says will help bring hotel-like reliability to booking a house or room on the site. cp24.com READ MORE ... Risk of forced home sales rises in Canada Economists take a closer look at mortgages refinanced with alternative lenders mpamag.com READ MORE ... Feds to allow construction of over 2,800 homes on surplus properties The measure would put the government back on track to add 29,200 units by 2029 mpamag.com READ MORE ... Here are the few places in Ontario where you can still buy a home for relatively cheap Even in the midst of elevated interest rates and an economic recession — along with the dwindling home sales numbers and market uncertainty they've... blogto.com READ MORE ... A Growing Number of GTA Homebuyers Are Choosing to Walk Away from Their Massive Deposits In the preconstruction real estate industry, a growing concern has emerged as homebuyers face difficulties closing their property transactions, leading thedeepdive.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 Program + 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