✂️ 6th Dec 2023 - 9 Ways To Save On Your Mortgage!

💥 Wednesday 6th December 2023 💥 Homes Buying And Selling FREE Reports! Daily GTA Real Estate Incineration! "Unlocking Your Dream Home: Free Reports & Coveted New Listings!" "Daily GTA Real Estate Incineration" is your daily plunge into the hottest and most impactful updates in the Greater Toronto Area real estate market. Each day, we provide you with a curated selection of updates that set the market ablaze, covering the hottest trends, market insights, and critical developments delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Incineration" series covers a wide range of topics, from heating up market dynamics to sparking investment opportunities and expert analysis. Stay ablaze with the market and make well-informed decisions with "Daily GTA Real Estate Incineration" as your trusted resource for navigating the dynamic GTA real estate landscape. Will the Toronto Homes Buying and Selling Reports assist me in pricing my property accurately when selling? The Toronto Homes Buying and Selling Reports can be instrumental in helping you price your property accurately when selling. These reports typically provide comprehensive insights into the local real estate market, including recent sales data, trends, and other relevant information. Here's how these reports can assist you: Market Trends: The reports will highlight current market trends, indicating whether it's a buyer's or seller's market. This information is crucial for determining your pricing strategy. Comparative Market Analysis (CMA): A CMA is a key component of these reports. It compares your property to similar recently sold properties in the area, considering factors such as size, features, and condition. This helps establish a competitive and realistic listing price. Recent Sales Data: The reports provide data on recently sold properties in your neighborhood. This information gives you a benchmark to gauge the fair market value of your home. Days on Market (DOM): Understanding how long similar properties are taking to sell in your area can guide your decision on pricing and marketing strategies. Property Appreciation: Reports may include information on how property values in your area have appreciated over time. This historical data can provide context for your pricing decision. Local Amenities and Developments: The reports may highlight nearby amenities, schools, and upcoming developments. These factors can influence property values and play a role in pricing. Competitive Landscape: By analyzing the competition in your neighborhood, you can better position your property in the market. If there are similar properties at lower prices, you might need to adjust your pricing strategy accordingly. Seasonal Trends: Real estate markets can have seasonal fluctuations. Reports often include information on how these trends might impact the timing of your sale and pricing decisions. Buyer Preferences: Reports may provide insights into the features and amenities that buyers in your area are currently seeking. Aligning your property with these preferences can make it more attractive to potential buyers. Negotiation Strategy: Armed with a thorough understanding of the market, you can confidently negotiate with buyers. Accurate pricing can lead to a smoother negotiation process. Before setting a price, it's advisable to consult with a local real estate agent who can provide a customized analysis based on your property's unique characteristics. Combining the information from Toronto Homes Buying and Selling Reports with the expertise of a real estate professional will enhance your ability to set a competitive and appealing listing price. 9 Ways to Save on Your Mortgage Buying a house is a milestone, but it can be financially draining. Here are 9 tips to help you save on your mortgage payments. blog.remax.ca READ MORE ... How to Increase Your Mortgage Pre-Approval Amount Securing a pre-approval mortgage is the golden ticket that provides insights into your borrowing capacity and sets the stage for your house-hunting adventu blog.remax.ca READ MORE ... Toronto Home Prices Slide For Fourth Month as High Rates Weigh - BNN Bloomberg Toronto home prices fell for a fourth straight month as buyers were squeezed by interest rates stuck at multi-decade highs. bnnbloomberg.ca READ MORE ... ANALYSIS | The province is betting $8M on homeowners becoming landlords. Will it pay off? | CBC News The Houston government is offering $8 million in incentives to convince homeowners to convert their basements into apartments or to install backyard suites, on the condition that they charge affordable rent. Will it work? cbc.ca READ MORE ... Canada's housing woes won't be solved by attacking perceived evils through the tax system Kim Moody: A super tax won't cause short-term rental owners to put their properties into the long-term rental arena ca.finance.yahoo.com READ MORE ... How Much Real Estate Prices Have Changed Compared to Rental Prices in Canada By Zoocasa How Much Real Estate Prices Have Changed Compared to Rental Prices in Canada ca.investing.com READ MORE ... Someone is renting out a shared room with 3 beds near Toronto for $550 per month As a result of Toronto's consistently unaffordable housing market, prospective tenants in the city are being forced to extend their searches for bu... blogto.com READ MORE ... Some mortgage clients could see up to 40% payment increases at renewal, BMO says - Mortgage Rates & Mortgage Broker News in Canada Like most other financial institutions, BMO said the bulk of its mortgage portfolio will be up for renewal in the coming three years, with the payment increases averaging up to 40%. canadianmortgagetrends.com READ MORE ... Bank of Canada to hold prime rate steady: economists | CityNews Vancouver People with variable-rate mortgages are watching to see what the Bank of Canada does with its key rate on Wednesday. vancouver.citynews.ca READ MORE ... Oshawa woman allegedly borrowed money for mortgage but instead used it in crypto scam A woman allegedly borrowed money from several individuals, saying she needed it for her mortgage, but instead used it to participate in a cryptocurrency scam, Durham police said. cp24.com READ MORE ... Navigating Canada’s housing crisis In the face of Canada's housing crisis, Private Real Estate Investment Trusts (REITs) emerge as a potential solution. They can address affordability, increase housing supply, and elevate property standards, offering hope for a more sustainable housing future. renx.ca READ MORE ... Different Types of Debt and How They Affect Mortgage Approval Learn about all the different types of debt, and how they can affect your mortgage approval when you want to buy a home. blog.remax.ca READ MORE ... Slowest November for Waterloo Region home sales in 15 years The number of homes sold in Waterloo Region slumped to a new 15-year low for November last month, the Waterloo Region Association of Realtors says. kitchener.ctvnews.ca READ MORE ... 6 Reasons Why Fredericton Real Estate Should Be on Your List Unsure if the Fredericton housing market is right for you? Here are six great reasons why this Atlantic Canada city should be on your list. blog.remax.ca READ MORE ... Calgary sees more listings, stronger sales, higher prices - REM “New listings have been increasing … However, gains have not been enough to change the low inventory situation thanks to strong demand” realestatemagazine.ca READ MORE ... Greater Toronto home sales fall amid affordability challenges but relief forecasted Greater Toronto home sales fell six per cent last month compared with November 2022 despite an influx in new listings, as high borrowing costs and uncertain economic conditions persisted. cp24.com READ MORE ... Short-term rentals are adding to Canada's housing crisis, report finds Short-term rentals are contributing to Canada’s ongoing housing affordability crisis , a new report suggests. Canada currently has 235,000 short-term rental (STR) listings on platforms such as Airbnb and Vrbo representing the equivalent of 1.4 per cent of Canada’s overall housing stock or 4.9 per cent of the country’s long-term rental stock, the Dec. 4 report from Desjardins found. “Studies overwhelmingly show that neighbourhoods with a high... msn.com READ MORE ... Toronto Real Estate Prices Drop As Market Loosens At A Breakneck Speed - Better Dwelling Greater Toronto real estate is unlikely to have a Christmas rally like some had hoped. Toronto Regional Real Estate Board (TRREB) data shows home prices fell further in November. Home sales continue to fall while inventory builds, easing market conditions. In fact, the erosion of market pressures is occurring at one of the fastest rates […] betterdwelling.com READ MORE ... Toronto home prices fall in November but relief seen on the horizon TRREB says lower mortgage rates next year could ease affordability challenges ca.finance.yahoo.com READ MORE ... Home listings on rise despite sluggish sales, says new TRREB report New listings are up but sales down, as one expert suspects many would-be homebuyers are waiting for interest rates to fall. toronto.com READ MORE ... Home sales rise in Vancouver area as newly listed properties add to supply, real estate board says | CBC News The Real Estate Board of Greater Vancouver says home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021. cbc.ca READ MORE ... Average home sales price increases in Windsor-Essex There was a slight increase in the average sales price of homes in the region, according to the Windsor-Essex County Association of Realtors. windsor.ctvnews.ca READ MORE ... Why some experts say modular homes could ease the Canadian housing crisis | CBC Radio Some experts say modular construction, built quickly in a warehouse like Lego, could be what's needed to get more Canadians into homes of their own. cbc.ca READ MORE ... Housing in Toronto is set to get more affordable in the coming months Multiple forecasts for the Toronto area housing market are now calling for greater affordability as the city moves into 2024, a relief for prospect... blogto.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 • 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