🌊 10th Jan 2024 - A Wave Of Defaults Has Real Estate Lawyers Urging Presale Buyers To Be Cautious!

💥 Wednesday 10th January 2024 💥 Book Your FREE Consultation! Curated Gems: GTA Real Estate Unveiled! "Igniting Home Success: Informed Reports & Exclusive Listings!" "Curated Gems: GTA Real Estate Unveiled" is your daily unveiling of precious insights and treasures in the Greater Toronto Area real estate market. Each day, we present you with curated gems that highlight the most valuable trends, market insights, and critical updates directly to your inbox. Whether you're a potential buyer, seller, investor, or a real estate enthusiast, our "GTA Real Estate Unveiled" covers a wide range of topics, from discovering market dynamics to unveiling investment opportunities and expert analysis. Stay connected and make well-informed decisions with "Curated Gems: GTA Real Estate Unveiled" as your trusted resource for navigating the dynamic GTA real estate landscape. How long does a typical FREE consultation with a Toronto real estate agent last? The duration of a typical free consultation with a Toronto real estate agent can vary based on several factors, including the complexity of your real estate needs, the number of questions you have, and the depth of discussion required. Generally, free consultations are designed to provide an initial overview of your goals and to allow the agent to understand your needs. Here are some considerations: Introductory Meeting: A free consultation often serves as an introductory meeting. It's an opportunity for you to get to know the real estate agent and vice versa. This initial meeting might last anywhere from 30 minutes to an hour. Discussion of Goals and Needs: The agent will likely ask about your real estate goals, whether you are buying, selling, or investing. They may discuss your preferences, budget, timeline, and any specific criteria you have in mind. This part of the consultation can vary in duration based on the complexity of your needs. Q&A Session: A significant portion of the consultation may involve a question-and-answer session where you can ask the agent about the local market, the buying or selling process, and any concerns or considerations you have. The length of this session depends on the number and complexity of your questions. Overview of Services: The agent may provide an overview of the services they offer, their approach to real estate transactions, and how they can assist you in achieving your goals. This discussion can add to the overall duration. Next Steps: Towards the end of the consultation, the agent may discuss potential next steps, whether it involves further discussions, property viewings, or additional information gathering. The length of this part of the conversation depends on the complexity of your situation. It's important to note that while the initial consultation is typically free, it's also a chance for both you and the agent to assess whether there is a good fit for a potential ongoing relationship. If you find the initial consultation beneficial and decide to move forward, you may schedule follow-up meetings to delve deeper into your specific real estate needs. To make the most of the consultation, come prepared with clear goals and questions, and be ready to provide relevant information about your real estate objectives. Additionally, if you anticipate a longer discussion, it's a good idea to schedule a time when you can have a focused and uninterrupted conversation. A wave of defaults has real estate lawyers urging presale buyers to be cautious | CBC News Sudip Sehgall is part of a growing contingent of Canadians who are defaulting on deals to buy presale or preconstruction condos or homes due to financial pressures. Experts say presale buyers should beware. cbc.ca READ MORE ... Tenants living without heat and hot water for weeks in downtown Toronto apartment building Tenants of a Toronto building have been without heat and hot water for weeks. 'I boil water to shower, I boil water to do my dishes, running space heaters and constantly juggling between outlets to make sure we don’t trip the breakers.' cp24.com READ MORE ... 'Market conditions': Slow December caps off worst year for GTA real estate sales in 23 years Toronto and the GTA saw the fewest annual real estate sales in 23 years in 2023. bramptonguardian.com READ MORE ... House of the Week: $2.4 million for an Orangeville home with a wine cellar that was once a jail The 3,700-square-foot property comes with a jumbo addition, two laundry rooms, a workshop garage and an elevator torontolife.com READ MORE ... 'UNAFFORDABLE': Mississauga sees fewest home and condo sales on record in 2023, eclipsing previous year’s low by 15 per cent Mississauga posted the fewest number of residential real estate sales on record for a second year in a row last year. mississauga.com READ MORE ... Canadian Consumers Regret Huge Debt Loads, Struggling To Repay - Better Dwelling Canadians are starting to feel the consequences of their debt addiction. MNP, Canada’s largest insolvency consultancy, released the results of its regular consumer debt survey. They found most consumers are struggling to repay their loans, and regret borrowing as much as they did. However, it’s not clear they could have prevented the borrowing if they […] betterdwelling.com READ MORE ... Kitchener-Waterloo leads price fall in Canadian real estate: report An analysis of 21 major Canadian housing markets reveals that only three areas avoided a price decline since the market peaked in June 2023 nationalpost.com READ MORE ... Home prices have been dropping in Canada Home prices in Canada are enough to make your eyes water, but on average, it looks like they are going down. nowtoronto.com READ MORE ... Calgary mortgage broker's licence cancelled over forging signatures A Calgary mortgage broker cannot deal in mortgages in Alberta for at least three years after he committed fraud with two home purchases. calgary.ctvnews.ca READ MORE ... Even with expected rate cuts, mortgage payments will continue to rise for years: BoC research - Mortgage Rates & Mortgage Broker News in Canada Despite anticipated Bank of Canada interest rate cuts later this year, mortgage borrowers will continue to face higher debt-servicing costs for several years. canadianmortgagetrends.com READ MORE ... Mortgages: What happens if I am struggling to pay? Many homeowners are worried about higher mortgage costs, but lenders must help those struggling. ca.news.yahoo.com READ MORE ... Nova Scotia couple moves into a bus to save money for a house Luke Chiasson and his partner couldn't afford a down payment on a house, so they “took matters into their own hands” and converted an old school bus into a mobile apartment. iheartradio.ca READ MORE ... Orillia man gets life in prison for killing Collingwood realtor 'Every murder is by definition a crime of great violence, but the assault on Miss Kriston was particularly vicious,' said judge who sentenced John Collins today orilliamatters.com READ MORE ... Property owners in 5 Brampton wards now need licence to rent out 4 or fewer units | CBC News The decision came last December after the city received thousands of complaints from lodging houses, basements, excessive weed growth, and overflowing garbage. cbc.ca READ MORE ... Futuristic towers with over 900 homes to rise above Toronto transit station An impressive plan to redevelop City of Toronto-owned lands at a major transit hub was revealed on Tuesday, one that will bring three striking towe... blogto.com READ MORE ... Toronto home re-listed $1.8 million below asking price after 4 failed attempts to sell A Toronto home listed for sale multiple times in the same year, and now selling way below its original price demonstrates just how much prices fluc... blogto.com READ MORE ... Housing market could bounce back this year, say observers Homeownership could become more attractive for many Canadians as conditions change mpamag.com READ MORE ... Real Estate Agents: 11 Signs It’s Time To Sell Your Home Latest news coverage, email, free stock quotes, live scores and video are just the beginning. Discover more every day at Yahoo! ca.yahoo.com READ MORE ... What should mortgage agents, brokers be advising clients this year? An education-driven approach – and a realistic outlook – are key factors in 2024, says VP mpamag.com READ MORE ... Best FHSAs in Canada: Where to get the new first home savings account - MoneySense The new first home savings account was created to help you save more money for a home purchase. Here’s how to find the best FHSA for your needs. moneysense.ca READ MORE ... 'Substantial' property tax increase coming to Toronto, city's budget chief warns | CBC News Toronto’s budget chief is warning residents that a “substantial” property tax increase will be part of the city’s new spending package, as council grapples with a long-brewing fiscal crisis. cbc.ca READ MORE ... Is Finland’s Housing First really the miracle cure for Canada? Finland reduced the number of homeless people in their country from tens of thousands, to less than 4,000 through their Housing First program. rabble.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 GTA 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

🤦‍♂️ 9th Jan 2024 - 7 Dumb Mistakes That Cost Homebuyers Tons of Money

💥 Tuesday 9th January 2024 💥 Homes Buying And Selling FREE Reports! Your Daily GTA Real Estate Fix! "Your Guide to Real Estate Brilliance: Reports & Handpicked Listings!" "Your Daily GTA Real Estate Fix" is your daily prescription for the latest and most impactful updates in the Greater Toronto Area real estate market. Each day, we deliver a curated dosage of 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 fix covers a wide range of topics, from stabilizing market dynamics to seizing investment opportunities and expert analysis. Stay connected and make well-informed decisions with "Your Daily GTA Real Estate Fix" as your trusted resource for navigating the dynamic GTA real estate landscape. How can the reports help me identify potential investment opportunities in the Toronto Real Estate Market? The reports on Toronto real estate can be valuable tools for identifying potential investment opportunities by providing in-depth insights into market trends, property values, and other relevant factors. Here's how these reports can assist you: Market Trends: Reports often include information on current market trends. Understanding whether the market is experiencing growth, stability, or a slowdown can influence your investment decisions. Trends in property appreciation, demand, and supply dynamics are crucial considerations. Neighborhood Analysis: Reports may break down data by neighborhoods, providing a granular view of different areas within Toronto. This allows you to identify neighborhoods with potential for growth, improving amenities, and increasing property values. Property Valuations: Access to data on recent property sales and valuations helps you understand the current market value of properties. This information is vital for assessing whether a property is priced competitively and whether there is potential for appreciation. Rental Market Insights: If you're considering rental properties, reports can provide insights into the local rental market. This includes average rental rates, vacancy rates, and trends in rental demand. Understanding the rental market is crucial for assessing the potential for rental income. Economic Indicators: Reports often include economic indicators such as employment rates, population growth, and economic forecasts. These factors can impact the overall health of the real estate market and guide your investment decisions. Development and Infrastructure Plans: Information about upcoming development projects and infrastructure plans in the city can be crucial. Areas undergoing development or infrastructure improvements may present attractive investment opportunities due to potential appreciation. Comparative Analysis: Comparative analysis of different property types, such as condos, single-family homes, and commercial properties, can help you identify the segments of the market that align with your investment goals. Risk Assessment: Reports may highlight potential risks or challenges in the market, such as oversupply or economic uncertainties. Understanding and mitigating risks are essential aspects of successful real estate investment. Regulatory Changes: Reports often provide information on recent or upcoming regulatory changes that could impact the real estate market. Being aware of changes in zoning laws, tax regulations, or other factors is crucial for making informed investment decisions. Long-Term Outlook: Reports may include expert analyses and forecasts for the long-term outlook of the Toronto real estate market. This information can assist you in aligning your investment strategy with future trends. It's important to note that while reports provide valuable data, interpreting this information effectively requires a combination of market knowledge, financial analysis, and an understanding of your investment goals. Consulting with local real estate experts, financial advisors, and conducting due diligence on individual properties are essential steps in the investment process. 7 Dumb Mistakes That Cost Homebuyers Tons of Money Making any of these mistakes can add more to the price you pay for a house. moneytalksnews.com READ MORE ... Cities with biggest house price drops in Ontario | insauga Housing prices have dropped across Canada but those looking to buy a new home might wonder what cities have had the biggest drop. insauga.com READ MORE ... Tenants without heat, hot water for weeks as landlord struggles with repairs at Toronto apartment building Justin Cowen has been shivering inside his apartment for almost three weeks, boiling water to wash dishes and heading to the gym when he needs a shower. Cowen is one of dozens of residents in the 21-unit building in Toronto's Church-Wellesley neighborhood who have been without heat and hot water since Dec. 19, when Enbridge shut off the gas due to serious safety concerns relating to the building's steam boiler heating system.A CBC reporter watched a City of Toronto bylaw officer measure a temper ca.news.yahoo.com READ MORE ... Toronto Real Estate Sales Rise As Prices Roll Back To 2021-Levels - Better Dwelling Greater Toronto real estate attracted some more buyer’s, but not enough to change its trend. TRREB data shows composite home sales made an uptick in December. Despite a small increase in sales, lingering inventory remains higher than usual, pushing prices lower. Having shed a fifth of value since hitting the all-time high, prices are still […] betterdwelling.com READ MORE ... New housing report shows how much it costs to live in Barrie 'Most important is that we make progress immediately on the affordability crisis,' says mayor barrietoday.com READ MORE ... Mortgage rates: Five ways to save money Experts give advice for those who might be worried about their monthly mortgage payments. ca.news.yahoo.com READ MORE ... Canadian Economy Dangerously Concentrated In Real Estate, But Gov Wants More - Better Dwelling Canadian real estate sales are slow but the industry is still swallowing the country’s economy. Statistics Canada (Stat Can) data shows residential investment gained in Q3 2023. The country’s economy is now significantly more reliant on housing than the US during the 2006 housing bubble, and it’s getting worse. Especially as policymakers attempt to slant […] betterdwelling.com READ MORE ... Bank of Canada Warns Mortgage Payments Will Soar, But Still “Affordable” - Better Dwelling Canadian households are bracing for a mortgage rate renewal crisis, but how bad will it be? The Bank of Canada (BoC) estimates the majority of households will see payments rise over the next few years. Is it really a crisis though? If following the guideline for affordability used by policymakers, an increase is likely well […] betterdwelling.com READ MORE ... Real estate prices have dropped in many Ontario markets since June. These are the communities with the biggest declines The Kitchener-Waterloo area saw the biggest drop in home prices across the country last year and the Toronto area wasn’t far behind, a new study suggests. cp24.com READ MORE ... Housing affordability getting worse: Top priority for Ontarians who want more government action - REM “Pro-growth, pro-housing solutions must continue to be championed if we want to get more shovels in the ground and bring more supply to market” realestatemagazine.ca READ MORE ... Economists see 'turning point' in housing market this year as interest rate cuts loom After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024. ctvnews.ca READ MORE ... Canada’s Largest Real Estate Market May Move Lower Despite Rate Cuts: BMO - Better Dwelling Canada’s largest real estate market finished the year with a surprisingly strong month. Toronto real estate sales got a boost in December from cheaper credit, anticipated to get even cheaper in the coming months. Despite the return of some exuberance to the market, prices continued to fall. BMO is warning investors this trend may persist […] betterdwelling.com READ MORE ... Kitchener-Waterloo leads nation in housing price decreases since June: report | CityNews Kitchener Since CREA confirmed the average national benchmark price at $760,600 last June, KW has seen nation-leading price declines across the board. kitchener.citynews.ca READ MORE ... Where Are Home Prices Dropping the Most in Canada This Winter? By Zoocasa Where Are Home Prices Dropping the Most in Canada This Winter? ca.investing.com READ MORE ... Here's the blueprint for making Toronto's homebuilder program a success The city's “public builder model” to deliver affordable housing on five city-owned sites is a great idea, provided council takes steps to ensure its success. thestar.com READ MORE ... Mortgage broker urges homeowners to weigh options before renewing Many homeowners will be facing 'mortgage rate shock' as they renew at higher interest rates in 2024. Mortgage broker Katy Mackenzie tells BC Today host Michelle Eliot that homeowners should look at options such as extending amortization or switching lenders before agreeing to a new rate. cbc.ca READ MORE ... Where should working retirees put extra income: A TFSA or an RRSP? - MoneySense Working Canadian retirees may look at CPP and OAS as extra income. Is putting that money in a TFSA or RRSP the better choice? moneysense.ca READ MORE ... 'Substantial' property tax increase coming to Toronto, city's budget chief warns | CBC News Toronto’s budget chief is warning residents that a “substantial” property tax increase will be part of the city’s new spending package, as council grapples with a long-brewing fiscal crisis. cbc.ca READ MORE ... What's in store for the housing market in Ontario in 2024 | CBC News The pace of home sales in Ontario in 2023 dropped to lows not seen this century, and with little evidence that mortgage rates will drop significantly any time soon, forecasts are predicting the sluggishness to continue into early 2024. cbc.ca READ MORE ... Unregistered B.C. mortgage broker fined $30K, was unaware his business needed registration A B.C. man who lent his own money to more than a dozen borrowers has agreed to pay a $30,000 fine for unregistered mortgage lending. bc.ctvnews.ca READ MORE ... The difference between your deposit and down payment The deposit and down payment on your first home are two of the biggest financial transactions you’ll ever make in your lifetime. Find out what the difference is between them. rates.ca READ MORE ... Time to review your mortgage - The Mortgage Gal During the week between Christmas and New Year’s Day, I spent time reflecting on my past year and did my planning for the upcoming year. castanet.net 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 GTA 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