⚖️ 13th Nov 2023 - Court orders Rental Refund after BC Landlord enters Tenant's Room!

💥 Monday 13th November 2023 💥 11 Home Inspection Pitfalls - FREE Report! GTA Real Estate Chronicles: Daily Sizzle! "Empowering Your Real Estate Vision: Expert Reports & Premier Listings!" "GTA Real Estate Chronicles: Daily Sizzle" is your daily dose of the most engaging and dynamic updates in the Greater Toronto Area real estate market. Each day, we offer a curated collection of the most sizzling trends, market insights, and vital updates delivered straight to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our daily sizzles cover a wide range of topics, from emerging market trends to investment opportunities and expert analysis. Stay engaged and well-informed with the vibrancy of the market through "GTA Real Estate Chronicles: Daily Sizzle" as your trusted companion in navigating the dynamic GTA real estate landscape. Can you provide tips on how to interpret the home inspection report in Toronto? Interpreting a home inspection report is essential for understanding a property's condition. Here are some tips for interpreting a home inspection report in Toronto or any location: Understanding the Sections: Home inspection reports are generally divided into sections focusing on different aspects of the property, such as the structure, electrical systems, plumbing, HVAC, roofing, and more. Review each section carefully to understand the specific findings related to that area. Identifying Major Issues: Pay attention to major concerns highlighted in the report. These could include structural damage, safety hazards, or issues with foundational elements. These are crucial for your decision-making process. Minor Concerns: Minor issues or maintenance suggestions are also typically mentioned in the report. Understanding these helps you assess the overall condition of the property and what repairs or maintenance might be needed in the future. Context of Findings: Each issue in the report should be put into context. Some findings might be typical wear and tear, while others could signify larger problems. Discuss these with the inspector to understand their impact and implications. Prioritizing Repairs: Determine which issues are most pressing and require immediate attention. Prioritize essential repairs or safety concerns that may affect your decision to purchase the property. Seek Clarification: If any part of the report seems unclear, don't hesitate to ask the inspector for further details or explanations. They should be able to provide more information or recommend specialists for deeper assessments if needed. Cost Estimates: For any repairs or improvements mentioned in the report, try to estimate the potential costs. This will help in negotiating the final purchase price or in setting a budget for post-purchase repairs. Future Maintenance Considerations: Home inspection reports often include tips or suggestions for ongoing maintenance. Understanding these can help you plan for the long-term care of the property. Comparing Reports: If you're considering multiple properties, use the reports to compare the conditions of different homes. This can assist in making an informed decision about which property aligns best with your needs and budget. Professional Consultation: If there are significant issues mentioned in the report, consider consulting with specialists or contractors to get more detailed assessments or estimates for repairs. Interpreting a home inspection report is a crucial step in the homebuying process. Understanding the report's contents, asking questions, and seeking professional advice can provide clarity about the property's condition and guide your decision-making. Court orders rental refund after BC landlord enters tenant's room The things some landlords will try to get away with. infotel.ca Read Now ... Put your home equity to use - Mortgage Matters Your home value may have increased significantly since you purchased your home, particularly if you bought prior to 2020. castanet.net Read Now ... TD Economics on Canada's housing supply | TD Stories TD Economist Rishi Sondhi explains what's hindering housing supply in Canada, and weighs in on the housing market in Canada right now. stories.td.com Read Now ... High rates, regulations have some rethinking short-term rental ownership: experts "We had all these first-timers flood the market — they were late adopters." infotel.ca Read Now ... Rising interest rates making it harder for homeowners to pay mortgages - In Your Service Bank of Canada governor Tiff Macklem recently provided a stark message to Canadians—the federal government's current and projected spending is not helping the bank's efforts to bring down high inflation and high interest rates. castanet.net Read Now ... Thinking of downsizing your home? Here’s what one expert says you should consider first Amid the cost-of-living crisis, many Canadians looking to save money or cut back on consistent maintenance might be thinking about downsizing their home. But one housing expert says there are several things to consider before making the move. ctvnews.ca Read Now ... This Week’s Top Stories: Canadians Will Vote To Extend The Real Estate Bubble, Businesses Priced Out - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Bank of Canada Can Diverge From The Fed, But We Doubt It: BMO   Canada’s monetary policy typically follows the US, but it may no longer be able to keep up. The US economy continues to show strong growth, potentially requiring even […] betterdwelling.com Read Now ... Selling your home without a real-estate agent comes with a lot of grunt work, but could save you thousands. Here's how one owner did it. Derrick Chou did the "grunt work" of listing his property, responding to emails and swatting off over 100 real-estate agents. He has no regrets. msn.com Read Now ... Here's what you can buy for Ottawa's average price of $721,600 in nine neighbourhoods this fall CTVNewsOttawa.ca looks at what you can buy for the average price of a single-family home in nine Ottawa neighbourhoods this fall. ottawa.ctvnews.ca Read Now ... Hundreds of renters in Montreal's east end to be spared big rent increases thanks to $120M deal | CBC News Tenants of a 720-unit apartment complex in eastern Montreal will see their rents protected from excessive increases in a $120-million deal. cbc.ca Read Now ... $30 million estate in Ontario encapsulates the opulence of luxury living While most of us don't have enough for a downpayment on a condo, let alone $30 million estate, it is nice to play pretend and look at what you coul... blogto.com Read Now ... Dozens of GTA condo projects shelved due to low sales: Report Condominium sales in the GTA are at its lowest levels in a decade, which has forced builders to shelve dozens of new condo projects. o.canada.com Read Now ... Mortgage Activity Slows With Cooling Housing Market - muskoka411.com The drop in home sales in the first half of 2023 led to a slowdown in new mortgage activity but rising interest rates and continued growth in outstanding mortgage debt are leading to higher debt servicing costs – especially for uninsured mortgages. This according to the latest Residential Mortgage Industry Report (RMIR) released by Canada Mortgage and Housing Corporation (CMHC). muskoka411.com Read Now ... Mortgage broker's negligence cost homebuyers $5K, B.C. tribunal rules A B.C. mortgage broker was negligent when attempting to secure a mortgage for two people looking to buy a property with a mobile home on it, and that negligence resulted in the buyers having to pay an extra $5,000, B.C.'s small claims tribunal has ruled. bc.ctvnews.ca Read Now ... Road to building more multiplex homes in B.C. could be bumpy, experts say, as similar plan in U.S. halted B.C.'s proposed legislation aimed at increasing small-scale, multi-unit housing in the province may face multiple bumps in the road — and still not have the desired effect of increasing affordable housing supply, according to experts who looked at similar approaches in the U.S.The new law would require local governments to update zoning bylaws to permit multi-unit buildings on lots typically used for single-family detached homes.It would also require one secondary suite or laneway home to be all ca.news.yahoo.com Read Now ... LACKIE: Bleak times for Toronto real estate market For a brief moment the week before last, it seemed there may be a glimmer of a sliver of hope on the horizon for the real estate market. All it took was Jerome Powell, Chair of the U.S. Federal Reserve, announcing that the Fed would be holding interest rates. Markets rallied, bond yields began to fall, and agents and mortgage brokers across the land found some pep in their step as they ran to dust off the old ring light and film some content to... msn.com Read Now ... This is what $1 million gets you for a house in 10 different Toronto neighbourhoods Wondering what $1 million can get you for a house in Toronto these days? Despite the burgeoning tide of complaints about property prices, the listi... blogto.com Read Now ... This old Toronto home without walls is $6 million It's no surprise that buying a house in Toronto is expensive, which means seeing pretty average homes go for obscene amounts of money is nothing ou... blogto.com Read Now ... How can mortgage brokers prepare for the upcoming renewal wave? Plus: Homebuyer sentiment could be shifting at last mpamag.com Read Now ... New mortgage activity slowing – but debt continues rising, says CMHC The value of uninsured mortgages outstanding saw a particular jump mpamag.com Read Now ... 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