Showing posts with label tenant. Show all posts
Showing posts with label tenant. Show all posts

Monday, December 18, 2023

๐Ÿคท‍♂️ 18th Dec 2023 - A Brampton Tenant Has Racked Up $30K In Unpaid Rent And Still Won't Leave, Landlord Says!

๐Ÿ’ฅ Monday 18th December 2023 ๐Ÿ’ฅ
11 Home Inspection Pitfalls - FREE Report!

GTA Real Estate Hotline: Daily Buzz!

"Empowering Your Home Tale: Reports & Sought-After Listings!"

"GTA Real Estate Hotline: Daily Buzz" is your direct line to the latest buzz and impactful updates in the Greater Toronto Area real estate market. Every day, we provide you with a curated collection of buzzing insights that highlight 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 Buzz" covers a wide range of topics, from heating up market dynamics to sparking investment opportunities and expert analysis. Stay connected and make well-informed decisions with "GTA Real Estate Hotline: Daily Buzz" as your trusted resource for navigating the dynamic GTA real estate landscape.

If a home inspection reveals significant problems or defects in a property you're interested in buying in Toronto, it's a critical juncture in the homebuying process. Here are steps you can consider taking:

  1. Review the Inspection Report:

    • Carefully review the inspection report provided by the home inspector. Pay attention to major issues that could impact the safety, habitability, or value of the property.

  2. Consult with the Home Inspector:

    • Contact the home inspector to discuss their findings. They may provide additional insights or recommendations on how to address specific issues.

  3. Understand the Severity of Issues:

    • Determine the severity of the problems identified. Some issues may be minor and easily remedied, while others may be more substantial and costly.

  4. Negotiate Repairs or Price Reduction:

    • Based on the inspection report, consider negotiating with the seller to address the identified issues. You can request that the seller make necessary repairs before closing or ask for a reduction in the purchase price to account for the cost of repairs.

  5. Request Seller Concessions:

    • Instead of repairs or a price reduction, you may negotiate for seller concessions, such as offering credits at closing to cover the cost of repairs or improvements.

  6. Obtain Quotes for Repairs:

    • If you choose to negotiate repairs, obtain quotes from contractors to estimate the cost of fixing the issues. This information can be valuable during negotiations.

  7. Consider Your Options:

    • Depending on the severity of the problems, you may need to assess whether you're comfortable proceeding with the purchase as is, negotiating for repairs, or potentially walking away from the deal.

  8. Consult with Your Real Estate Agent:

    • Seek advice from your real estate agent, who can provide guidance on navigating negotiations and may assist in communicating with the seller's agent.

  9. Include Contingencies in the Offer:

    • In future offers, consider including contingencies that allow you to withdraw from the deal or renegotiate if the inspection reveals significant issues. Your real estate agent can help structure these contingencies.

  10. Legal Advice:

    • If negotiations become complex or if there are legal implications, consult with a real estate attorney to ensure that your rights and interests are protected.

Remember that the specific steps may vary based on the terms of the purchase agreement and the laws in Ontario. It's crucial to communicate openly with the seller and work toward a resolution that is fair and reasonable for both parties.

A Brampton tenant has racked up $30K in unpaid rent and still won't leave, landlord says
Expect Canadian real estate market to come 'unstuck' in 2024
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Could this one-staircase building help B.C.’s housing crisis?
B.C. mortgage broker fined $50K, suspended 3 months for 'misleading' applications
Tenants beware: Ontario's rental control cap may not apply to you. Here's what you need to know
Torontonians react to minor drop in average rent
Bank of Canada governor says 2024 likely to be 'transition' year as economy slows, inflation falls
Will ‘wartime’ home program work in Hamilton, Ont.? Market analysts raise questions - Hamilton | Globalnews.ca
This $1.6 million Toronto home for sale looks like it's straight out of San Francisco
Underbidding now taking place in many real estate markets across Ontario: realty company  | Globalnews.ca
Sale of B.C. home without owner's consent leads to $300K in penalties for real estate professionals
Calgary home prices to increase again in 2024 | CityNews Calgary
The 'American Dream' has a price tag most people can no longer afford, analysis finds
B.C. court decision explains story behind $750K listing for half of 5-bedroom Richmond house
Zoning, building codes may hamper Ottawa’s housing catalogue: experts
Bank of Canada will cut three times next year to bring rate to 4.25%, Deloitte predicts
What's ahead for Canada's economy, interest rates and real estate: FP Video investigates

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:

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Tuesday, November 14, 2023

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

๐Ÿ’ฅ Monday 13th November 2023 ๐Ÿ’ฅ
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.

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:

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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
Put your home equity to use - Mortgage Matters
TD Economics on Canada's housing supply | TD Stories
High rates, regulations have some rethinking short-term rental ownership: experts
Rising interest rates making it harder for homeowners to pay mortgages - In Your Service
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This Week’s Top Stories: Canadians Will Vote To Extend The Real Estate Bubble, Businesses Priced Out - Better Dwelling
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.
Here's what you can buy for Ottawa's average price of $721,600 in nine neighbourhoods this fall
Hundreds of renters in Montreal's east end to be spared big rent increases thanks to $120M deal | CBC News
$30 million estate in Ontario encapsulates the opulence of luxury living
Dozens of GTA condo projects shelved due to low sales: Report
Mortgage Activity Slows With Cooling Housing Market - muskoka411.com
Mortgage broker's negligence cost homebuyers $5K, B.C. tribunal rules
Road to building more multiplex homes in B.C. could be bumpy, experts say, as similar plan in U.S. halted
LACKIE: Bleak times for Toronto real estate market
This is what $1 million gets you for a house in 10 different Toronto neighbourhoods
This old Toronto home without walls is $6 million
How can mortgage brokers prepare for the upcoming renewal wave?
New mortgage activity slowing – but debt continues rising, says CMHC

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
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© Copyright 2023 ManojAtri.com All rights reserved.
If you no longer wish to receive these Emails, please Unsubscribe Here

๐Ÿ› ️ 18th Nov 2024 - 'How is this Legal?' Meet the King of Ontario Renovictions!

๐Ÿ’ฅ Monday 15th November 2024 ๐Ÿ’ฅ From Listing To Closing: 9 Step System! Toronto Real Estate Daily: Hot P...