🌸 12th Mar 2024 - Mortgage Rates Slide Below 5% In Time For Spring Market!

💥 Tuesday 12th March 2024 💥 Homes Buying And Selling FREE Reports! GTA Revelations: Daily Real Estate Dive! "Maximizing Real Estate Potential: Reports & Exclusive Listings!" "GTA Revelations: Daily Real Estate Dive" takes you on a daily exploration of the Greater Toronto Area (GTA) real estate market. Each day, we dive deep into the latest revelations, trends, and insights shaping the GTA's dynamic real estate landscape. Whether you're a prospective buyer, seller, investor, or enthusiast, our daily dive provides you with valuable perspectives and analysis to stay informed and make informed decisions. Stay ahead of the curve and uncover the hidden gems of the GTA real estate market with "GTA Revelations: Daily Real Estate Dive." How many real estate agents do most buyers interview? The number of real estate agents that buyers interview can vary depending on individual preferences, experiences, and the complexity of their homebuying needs. There's no set rule for how many agents buyers should interview, but here are some factors that may influence the decision: Personal Recommendations: Buyers may start by asking friends, family, or colleagues for recommendations. If multiple people recommend the same agent, the buyer may feel more inclined to interview that agent first. Online Research: Many buyers conduct online research to find real estate agents in their area. They may read agent profiles, reviews, and testimonials to narrow down their options before scheduling interviews. Referrals from Other Professionals: Buyers may receive referrals from other professionals involved in the homebuying process, such as mortgage brokers, real estate attorneys, or financial advisors. Open Houses: Attending open houses can be an opportunity for buyers to meet and interact with real estate agents representing properties they're interested in. If they have a positive experience with an agent at an open house, they may decide to interview them further. Initial Meetings: After identifying a few potential agents, buyers may schedule initial meetings or consultations to discuss their needs, preferences, and goals. These meetings can help buyers gauge the agent's communication style, expertise, and compatibility. Comparing Services and Fees: Buyers may interview multiple agents to compare the services offered and the fees charged. They may consider factors such as marketing strategies, negotiation skills, availability, and commission rates. Ultimately, the number of real estate agents buyers interview may vary based on their comfort level, the recommendations they receive, and their desire to find the best fit for their needs. Some buyers may interview only one or two agents, while others may interview several before making a decision. The key is to find an agent who is knowledgeable, trustworthy, and capable of representing their interests throughout the homebuying process. Mortgage rates slide below 5% in time for spring market Five-year fixed mortgage is more accessible than ever mpamag.com READ MORE ... Before and After: How a reno turned a dated house on the Niagara River into a pristine nature escape Goodbye corporate design, zebra colour palettes and cavernous spaces. Hello earthy materials, white all over and stunning views of the water torontolife.com READ MORE ... February home sales up 36% from a year ago: real estate officials Local real estate officials are reporting stronger home sales in February compared to the same time last year. simcoereformer.ca READ MORE ... Airbnb to ban hosts from using indoor security cameras in rental properties | CBC News Airbnb said Monday that it's banning the use of indoor security cameras in listings on its site around the world by the end of next month in an effort to "simplify" its policy while prioritizing privacy. cbc.ca READ MORE ... Toronto just climbed the rankings for most expensive cities to rent in Canada After a months-long stint of having the third-highest rents in Canada, Toronto has surged back up to reclaim its former title of the second most ex... blogto.com READ MORE ... The CMHC Drops the First-Time Home Buyer Incentive: Explore Alternative Assistance By Zoocasa The CMHC Drops the First-Time Home Buyer Incentive: Explore Alternative Assistance ca.investing.com READ MORE ... Canada real estate: Which markets have the largest share of $1 million listings Delta, B.C. had the highest percentage of listings over the million dollar mark, according to Point2homes.com. ca.finance.yahoo.com READ MORE ... Posthaste: Canada's housing market 'recovery' gets a reality check Drop in sales and surge in new listings suggest too early to sound all clear ca.finance.yahoo.com READ MORE ... Average asking rent prices reach $2,193 in February, up 10.5% from 2023 A new report says the average asking price for a rental unit in Canada was $2,193 per month in February, marking a 10.5 per cent jump year-over-year and the fastest annual growth since September 2023. cp24.com READ MORE ... A First Home Savings Account can help first-time home buyers Tax Tips: The First Home Savings Account allows prospective first-time home buyers to contribute or transfer from their RRSP up to $40,000 towards buying or building their first home. sasktoday.ca READ MORE ... Want to Buy a House in Canada? Here’s How Long You’ll Have to Save in 2024 By Zoocasa Want to Buy a House in Canada? Here’s How Long You’ll Have to Save in 2024 ca.investing.com READ MORE ... 13 Ways to Save on Bathroom Renovations Bathrooms can get pricey, fast. These tips and smaller upgrades can satisfy your desire for a fresh look for less. moneytalksnews.com READ MORE ... 5 homes that sold for under $600K in Mississauga last month | insauga The least expensive homes that sold last month in Mississauga all went for under $600,000 with one selling for under $500,000. insauga.com READ MORE ... How to Win a Bidding War on a House Outsmart the competition and get your dream home. moneytalksnews.com READ MORE ... 3 Ways to Sell a Home Faster, According to Zillow Uncover Zillow’s simple secrets to selling your property quicker in 2024. moneytalksnews.com READ MORE ... Canadian Home Building Intentions Are Worse Than 2019 Despite Gov Stimulus - Better Dwelling Canadian policymakers are scrambling to make daily announcements of helicopter cash to stimulate building, but it may have the opposite effect. Statistics Canada (Stat Can) data shows building permit application values slightly increased in January. However most of the gain was lost to inflation, especially when it came to new housing—a segment that showed nearly […] betterdwelling.com READ MORE ... Rising water: Quebec lender ending new mortgages in flood zones 'just the beginning' MONTREAL — Nearly five years after floods raced through hundreds of Quebec communities and forced thousands from their homes, a major lender’s decision to stop issuing new mortgages in flood zones is the latest challenge for cities trying to adapt to a changing climate. Desjardins Group announced that as of Feb. 1, it would no […] montreal.citynews.ca READ MORE ... Garden suites were supposed to add to Toronto's housing density. Just 6 were built in the last 2 years | CBC News Since by-law amendments in 2022 allowed most residential properties to add small, separate residential units on site, only six have been built. Still, an industry show in Toronto this week is prominently showcasing the latest garden suite designs. cbc.ca READ MORE ... This Week’s Top Stories: Canadian Mortgage Delinquencies & Business Insolvencies Surge - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Ontario Premier’s Company Quietly Sold A $6.75m Property, Flipped Months Later A company associated with Ontario’s Premier quietly sold a pricey piece of land. The industrial property in West Toronto went for $6.75 million, a premium compared to comps. The buyer didn’t […] betterdwelling.com READ MORE ... ‘We are united‘: Hundreds of B.C. landlords rally in support of petition | Globalnews.ca More than 200 landlords and supports attended a rally in Delta, with the aim of asking B.C. Housing Minister Ravi Kahlon to pay attention to their concerns. globalnews.ca READ MORE ... $600 a night? Summer hotel prices could rise when B.C.'s short-term rental rules begin Victoria resident Lecksudha Purboo is planning her June wedding and dozens of family members from Mauritius and India have long been looking forward to travelling to Victoria for the occasion and a reunion. She and her fiancé had planned on booking short-term rentals for their guests. But they’re now reassessing their plans since new B.C. legislation, changing what can be rented, comes into effect May 1. They will still be able to rent... msn.com READ MORE ... Richmond, B.C., condo developer ordered to pay $13 million over cancelled pre-sale contracts | CBC News A B.C. Supreme Court judge has ordered a Richmond developer to pay more than $13 million for cancelling deals with more than 30 would-be condo buyers and then selling the units to other people for higher prices. cbc.ca READ MORE ... $50K in unpaid rent over five years nets fine for BC woman The Residential Tenancy Branch found it was "more likely than not" that she had no intention to pay rent at any of the eight homes. infotel.ca READ MORE ... Quebec braces for impact as Desjardins stops mortgages in flood zones The policy shift is said to be "just the beginning" mpamag.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 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

🛒 11th Mar 2024 - 5 Reasons You Should Buy A Home In North York Instead Of Downtown Toronto!

💥 Monday 11th March 2024 💥 Buy With Low Or Zero Down Payment! Toronto's Daily Thrive: Hot Market Picks! "The Bridge to Real Estate Triumph: Expert Reports & Hot New Listings!" "Toronto's Daily Thrive: Hot Market Picks" is your go-to source for navigating the dynamic Toronto real estate market. Each day, we curate the hottest market picks, offering valuable insights into properties, neighborhoods, and investment opportunities that are thriving in the city. Whether you're a potential buyer, seller, investor, or simply an enthusiast, our daily picks provide you with the essential information needed to make informed decisions in the Toronto real estate landscape. Stay ahead of the curve and thrive in the Toronto market with our daily recommendations as your trusted guide. How To Buy A House With Low Income And No Down Payment In Toronto GTA Ontario? Buying a house with low income and no down payment in the Toronto Greater Toronto Area (GTA) of Ontario can be challenging, but there are some strategies you can consider: Explore Government Assistance Programs: Research government programs in Ontario that offer assistance to low-income homebuyers. These programs may provide down payment assistance, grants, or loans to help cover upfront costs. Look into Canada Mortgage and Housing Corporation (CMHC) Programs: CMHC offers programs such as the First-Time Home Buyer Incentive, which provides shared equity mortgages to eligible first-time buyers to help reduce the amount needed for a down payment. Consider the Home Buyers' Plan (HBP): The Home Buyers' Plan allows first-time homebuyers to withdraw up to $35,000 from their Registered Retirement Savings Plan (RRSP) to use as a down payment, tax-free. This can help you accumulate funds for a down payment without incurring tax penalties. Explore Low Down Payment Mortgage Options: Look for mortgage lenders in the GTA that offer low down payment options. Some lenders may offer mortgages with down payments as low as 5% or even 3% for qualified borrowers with cash back. Investigate Rent-to-Own Programs: Some sellers in the GTA may offer rent-to-own programs, allowing you to rent a home with the option to purchase it at a later date. This arrangement can help you build equity over time while giving you time to save for a down payment. Consider Co-Buying or Co-Ownership: Explore the option of purchasing a property with a family member, friend, or partner who has a stable income and may be able to contribute to the down payment. Co-buying can help you qualify for a mortgage and reduce the amount needed for a down payment. Save for Closing Costs: While you may be able to find assistance for the down payment, you'll still need to save for closing costs, which can include legal fees, land transfer taxes, and other expenses. Start saving early and explore ways to minimize these costs. Improve Your Credit Score: A higher credit score can increase your chances of qualifying for a mortgage and securing favorable terms. Work on improving your credit score by paying bills on time, reducing debt, and addressing any errors on your credit report. Consult with a Mortgage Broker or Housing Counselor: Consider seeking advice from a mortgage broker or housing counselor who specializes in helping first-time buyers and those with low incomes. They can provide personalized guidance and help you navigate the homebuying process. Be Patient and Persistent: Buying a home with low income and no down payment may take time and require patience. Stay focused on your goal, continue to save, and explore all available options to make your dream of homeownership a reality. Remember to thoroughly research your options and consider seeking advice from professionals who can help you make informed decisions based on your unique financial situation and goals. 5 reasons you should buy a home in North York instead of downtown Toronto North York has been called a city within a city because of its self-sufficiency. It has just about all the things that make life in downtown Toront... blogto.com READ MORE ... Mortgage defaults in London up more than 80%: Report The number of London homeowners defaulting on their mortgage payments has risen more than 80 per cent as high interest rates catch up with buyers who paid soaring home prices, a new analysis shows. lfpress.com READ MORE ... It's nearly impossible to find a place to rent. But retirement homes have room to spare | CBC Radio While Canada’s average national vacancy rate sits at a record low of 1.5 per cent, there is one kind of property much more likely to have a “for rent” sign out front: retirement homes. cbc.ca READ MORE ... Newmarket home prices surge 8.8 per cent to $1.23 million in February 2024 Sales were up 13.3 per cent and active listings were up 31 per cent compared to a year ago yorkregion.com READ MORE ... Rents up 5% as Mississauga remains second-most expensive city in Ontario | insauga Rents continue to climb as Mississauga remains the fourth most expensive city in Canada and second in Ontario. insauga.com READ MORE ... Rise in federal interest rates leave Calgary landlords struggling to afford rental property costs Landlords in Calgary are feeling the pinch as federal interest rates rise, with many forced to increase the rents on their tenants to mitigate operational costs and mortgage payments, while others sell off their rental properties to stave off financial losses. The Bank of Canada halted a hike in the interest rate on Sept. 6, a decision that finance minister Chrystia Freeland called a ‘welcome relief’ for Canadians struggling with higher... msn.com READ MORE ... Housing Market 2024: 4 Tips for Retirees Looking to Buy or Rent This Year The housing market has been quite difficult lately, namely because of high mortgage rates, high home prices and low inventory, further putting pressure on said prices. As for homeowners, many are... ca.finance.yahoo.com READ MORE ... 5 things to know before opening a first home savings account - National | Globalnews.ca The first home savings account is a 'must-have' for would-be homebuyers trying to break into the housing market, one expert says. Here's how to make the most of it. globalnews.ca READ MORE ... Average home price in Guelph jumps $500,000 in 10 years There were 11 Ontario cities in a Municipal Property Assessment Corporation report where less than one per cent of properties are under $500,000 guelphtoday.com READ MORE ... ‘A bright shiny object’: Industry reacts as First-Time Home Buyer Incentive axed The controversial scheme is winding up – and some are welcoming its end mpamag.com READ MORE ... Latest Toronto home sales figures in Is the market heating up? mpamag.com READ MORE ... How the Bank of Canada’s benchmark rate impacts your finances - MoneySense The central bank's overnight interest rate sets the tone for the prime rates offered by banks. We explain what that means for you. moneysense.ca READ MORE ... Making sense of the Bank of Canada interest rate decision on March 6, 2024 - MoneySense Fifth time’s the charm for the Bank of Canada? Yet another rate hold spells relief for some, stagnancy for others. Find out what it means for your money. moneysense.ca READ MORE ... Bank of Canada holds key rate steady at 5%, says too early to cut - MoneySense The central bank announced its interest rate decision, as economists widely expected no change in the policy rate. moneysense.ca READ MORE ... This $6 million Toronto home looks like it was frozen in time Nestled on a prestigious cul-de-sac in West Toronto, this remarkable estate is a rare gem, offered for the first time since its construction in 196... blogto.com READ MORE ... List Your Home This Time of Year If You Want Top Dollar The old rules about the best time to sell your home no longer appear to hold, according to a recent Zillow analysis. moneytalksnews.com READ MORE ... This $13.5 million Parisian-inspired mansion in Vaughan is absolutely breathtaking Just outside of Toronto, you'll find this incredible estate affectionately called "Rebecca."  The estate at 121 Rebecca Crt. boasts over ... blogto.com READ MORE ... 'It's a slap in the face': Applicants frustrated with P.E.I.'s rent-to-own home program | CBC News A few months into a P.E.I. government program aimed at helping Islanders buy their first home, many people who applied say the process was far more complicated than they hoped. cbc.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