💡 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

🛌 4th Dec 2023 - Toronto Hotel Offering Month-Long Stays Below Current Rental Market Rates!

💥 Monday 4th December 2023 💥 Extra Home Buying Costs - FREE Report! GTA Real Estate Ablaze: Daily Highlights! "Navigating Real Estate Excellence: Free Reports & Premier Listings Await!" "GTA Real Estate Ablaze: Daily Highlights" is your daily beacon of the latest and most significant updates in the Greater Toronto Area real estate market. Every day, we illuminate the hottest trends, market insights, and critical updates delivered directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "Daily Highlights" cover a wide range of topics, from igniting market dynamics to sparking investment opportunities and expert analysis. Stay ablaze with the market and make well-informed decisions with "GTA Real Estate Ablaze: Daily Highlights" as your trusted resource for navigating the dynamic GTA real estate landscape. Can you provide examples of unexpected or hidden costs that Homebuyers might encounter during the Closing Process in Toronto? Here's the information about unexpected or hidden costs during the closing process in Toronto with reduced font sizes for the main titles: 1. Closing Costs: Closing costs include various fees such as land transfer taxes, legal fees, and disbursements. These costs can vary based on the property's purchase price and location. 2. Title Insurance: While not mandatory, many buyers opt for title insurance to protect against issues with the property's title. This is an additional cost but can provide peace of mind. 3. Home Inspection Fees: If you decide to have a home inspection (which is highly recommended), the inspection fee is an out-of-pocket cost that you need to budget for. 4. Adjustment Costs: These can include property taxes or utility bills that the seller has prepaid. You may need to reimburse the seller for these costs depending on the closing date. 5. Land Transfer Tax: In Toronto, there are both municipal and provincial land transfer taxes. First-time homebuyers may be eligible for rebates, but this is an important cost to consider. 6. Mortgage Insurance: If your down payment is less than 20%, you may need to pay for mortgage default insurance. This cost can be significant and is often added to your mortgage. 7. Property Insurance: Lenders typically require proof of property insurance. While not hidden, it's an essential cost that buyers sometimes overlook. 8. Condo Fees and Special Assessments: If you're buying a condominium, be aware of monthly condo fees. Additionally, there could be special assessments for major repairs or improvements. 9. Moving Costs: The actual cost of moving, whether you hire professional movers or rent a truck, can be more than anticipated. 10. HST on New Homes: If you're buying a new construction home, the purchase price may be subject to HST (Goods and Services Tax). There are rebates available, but the upfront cost can be substantial. 11. Utility Connection Fees: Fees associated with connecting utilities such as water, electricity, gas, and internet can add up. 12. Renovations or Repairs: After moving in, you may discover the need for renovations or repairs that weren't apparent during the initial viewing. 13. Appraisal Fees: Some lenders may require a property appraisal, and the cost may be passed on to the buyer. It's crucial for homebuyers to work closely with their real estate agent, lawyer, and mortgage professional to understand all potential costs involved in the closing process. Doing thorough research and budgeting for these expenses can help prevent financial surprises. Toronto hotel offering month-long stays below current rental market rates As rents rise across Canada, one Toronto hotel is offering monthly stays for $2,000, about $600 less than the average one-bedroom apartment nationalpost.com READ MORE ... Homes in this Ontario city cost half the Toronto average but barely anyone is buying them If you're a prospective homebuyer in Toronto, you've surely adjusted your search filters at one point or another to investigate all of the enticing... blogto.com READ MORE ... You can buy this $17 million Toronto home interest free With recent increases in interest rates across Canada, more and more people are waiting to buy a home or simply can't afford a mortgage to purchase... blogto.com READ MORE ... LACKIE: Real estate market realities Real, active buyers out in the real estate market right now are pretty few and far between. Sure, there are lots of people out there watching intently, wondering if, when and why the time will be right to potentially jump back into the fray. After all, with transaction volume all but frozen thanks to sharply elevated interest rates and consumer sentiment abjectly awful, the landscape doesn’t feel particularly hospitable. Nonetheless there are... msn.com READ MORE ... All eyes on housing crisis as government, opposition duel over who's to blame and how to fix it | CBC News A new 15-minute video released by Pierre Poilievre once again highlights the intense political battle over housing policy in Canada. cbc.ca READ MORE ... Homebuyer conundrum: If mortgage rates fall, bidding wars will follow, expert says Mortgage rates have scaled back more than a half-point in the last five weeks. ca.finance.yahoo.com READ MORE ... Here's what you can buy in Ottawa for over $1 million in 10 neighbourhoods CTVNewsOttawa.ca looks at what you can buy for over $1 million in 10 neighbourhoods across Ottawa in December. ottawa.ctvnews.ca READ MORE ... Here's how much home prices have changed compared to rental prices in Toronto Across Canada, home prices have continued to steadily climb over the past five years — past the point of affordability for some prospective buyers,... blogto.com READ MORE ... Investors now own more than 50% of Toronto’s new condos — and experts say they’re driving up housing prices for everyone How a heady mix of privatization, ineffective rent control and cheap capital fuelled an investment boom that made Toronto housing unaffordable for regular families thepeterboroughexaminer.com READ MORE ... Toronto home among the most expensive sold in Ontario last month Real estate brokerage Zoocasa has released its list of the most expensive and affordable homes sold in Ontario in November, with a Toronto home among the most expensive toronto.com READ MORE ... Ontario real estate law update with open-bidding option enters into force | TVO Today New rules are meant to provide more clarity and choice for buyers and sellers, but some say they don't go far enough. tvo.org READ MORE ... Calgary sees another home sales gain in November as prices jump nearly 11% | CityNews Toronto The Calgary Real Estate Board says the city saw 1,787 home sales in November, marking an 8.8 per cent increase compared with the same month last year as the ratio of sales to new listings remained high at 80 per cent. toronto.citynews.ca READ MORE ... Here is the part of the GTA where you will find the best value for homes in 2024 Various stakeholders are releasing their forecasts for housing markets across Canada after what was a very slow and stressful 2023 for the industry... blogto.com READ MORE ... It may be cheaper to stay in a hotel for a month than rent an apartment in Toronto While the thought of staying in a hotel for a month might sound like an expensive proposition, it may actually be cheaper than paying rent in Toronto. toronto.ctvnews.ca READ MORE ... Rents in Nova Scotia are rising faster than any time since the 1970s | CBC News The latest consumer price index numbers show that rents in the province are rising faster than at any time since publicly available data collection began in 1979. Tenants point to problems with the provincial rent cap. Landlords say they're being squeezed by higher costs. cbc.ca READ MORE ... Short-term rentals like Airbnb are back in the hot seat, and that could be good news for agents TORONTO — Many years after the popularity and proliferation of short-term rentals began to hit the hotel industry’s bottom line, these platforms are back in the hot seat. travelweek.ca READ MORE ... Burnaby renters caught in lease scam | CityNews Vancouver Burnaby renters say they were blindsided after discovering the couple they were renting from were illegally subletting someone else's home. vancouver.citynews.ca READ MORE ... Lower bond yields could soon mean cheaper mortgages. Here’s why - National | Globalnews.ca A cooling in the bonds market over the past month could deliver savings for Canadians renewing or taking out new fixed-rate mortgages, expert say. globalnews.ca READ MORE ... Are Canada's big banks just playing it safe or is there more trouble ahead? Canadian banks set aside more money for soured loans and cut costs to prepare for slower economic growth in 2024. Find out more. cochranetimespost.ca READ MORE ... Making sense of the markets this week: December 3, 2023 - MoneySense Why Canada probably isn’t in a recession, mixed results for both Canadian banks and pipelines, the mixed results for Couche-Tard, and RIP Charlie Munger. moneysense.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 • 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