💳 20th June 2024 - Renters Can Build Credit Scores With New Borrowell Program!

💥 Thursday 20th June 2024 💥 Start Your Home Buyers Journey Here! Toronto Real Estate Daily: Curated Hot Highlights! "Your Key to Real Estate Triumph: Free Reports & Prime Listings!" "Toronto Real Estate Daily: Curated Hot Highlights" is your go-to source for the latest and most impactful updates in the Toronto real estate market. Every day, we curate a selection of the most relevant news, trends, and insights, delivering them directly to your inbox. From emerging market trends and investment opportunities to notable property listings and expert analysis, our daily highlights ensure you stay informed and ahead in Toronto's dynamic real estate landscape. Whether you're a buyer, seller, investor, or simply passionate about real estate, our curated content provides the essential knowledge you need to navigate and thrive in this bustling market. Are there any specific negotiation tactics or techniques that home buyers can use to successfully negotiate lower prices or better terms on their home purchase, resulting in significant savings? Negotiating effectively can result in significant savings when purchasing a home. Here are some specific tactics and techniques home buyers can use to negotiate lower prices or better terms on their home purchase in Toronto, Ontario: 1. Conduct Thorough Market Research: Comparable Market Analysis (CMA): Review recent sales of similar properties in the neighborhood to understand fair market value. Use this data to justify your offer. Market Conditions: Know whether it's a buyer's or seller's market. In a buyer's market, you have more leverage to negotiate lower prices or better terms. 2. Get Pre-Approved for a Mortgage: Pre-Approval Letter: A pre-approval letter shows sellers that you are a serious buyer with the financial backing to complete the purchase. This can strengthen your negotiating position. 3. Be Prepared to Walk Away: Set Limits: Know your maximum budget and be prepared to walk away if the price exceeds it. Convey this confidence during negotiations to signal that you are not desperate to buy. 4. Identify Seller's Motivation: Seller’s Situation: Understanding why the seller is selling can provide leverage. If they need to move quickly due to a job relocation or financial pressures, they may be more willing to negotiate. Property History: Check how long the property has been on the market. Properties that have been listed for a long time often have more room for negotiation. 5. Make a Strong Initial Offer: Reasonable Offer: Start with a strong but reasonable offer based on your market research. Lowballing can offend sellers, while a reasonable offer can open the door for constructive negotiations. Offer Expiry: Set an expiration date for your offer to create a sense of urgency. 6. Negotiate on More than Just Price: Closing Costs: Ask the seller to cover certain closing costs to reduce your out-of-pocket expenses. Repairs and Upgrades: Request repairs or credits for repairs identified during the home inspection. Alternatively, negotiate for the inclusion of appliances, furniture, or upgrades. Flexible Closing Date: Offer a flexible closing date that accommodates the seller’s timeline, which can sometimes translate into a lower sale price. 7. Include Contingencies: Inspection Contingency: Ensure that your offer is contingent upon a satisfactory home inspection. This gives you leverage to renegotiate if significant issues are found. Financing Contingency: Protects you in case your financing falls through, allowing you to back out without penalty. 8. Build Rapport with the Seller: Personal Connection: Write a personal letter to the seller explaining why you love their home and how you see your future there. Emotional connections can sometimes tip negotiations in your favor. 9. Use a Skilled Real Estate Agent: Experienced Agent: An experienced local real estate agent can provide valuable insights, handle negotiations on your behalf, and know when to push or pull back. Agent’s Network: Leverage your agent’s network to gain insights into the seller’s situation and to identify potential off-market opportunities. 10. Timing and Patience: Seasonal Trends: Real estate markets have seasonal trends. For example, fewer buyers might be looking in the winter, which could give you more leverage. Patience: Sometimes, waiting out the seller’s counteroffer for a few days can lead to a better deal, as it gives them time to reconsider your offer. Conclusion By combining these negotiation tactics and techniques, home buyers in Toronto can potentially save thousands of dollars on their home purchase. The key is to be well-prepared, informed, and strategic in your approach, using data and professional support to strengthen your negotiating position. Renters can build credit scores with new Borrowell program Users can report two years of past payments to improve their credit history mpamag.com READ MORE ... Main reasons Canadians sell their homes: To upsize or downsize - REM Contrary to popular belief thanks to high living costs and interest rates, affordability wasn’t a top motivator realestatemagazine.ca READ MORE ... The average Bradford home sold for $1.13 million in May, realtors say 'The increase in active listings provides more options for buyers, and we anticipate a balanced market as we move forward,' BDAR chair says of latest monthly data bradfordtoday.ca READ MORE ... Housing construction is booming in Alberta | CityNews Edmonton More than 4,100 brand new homes were started in May across Alberta, according to the Canada Mortgage and Housing Corporation or CMHC. edmonton.citynews.ca READ MORE ... Bank of Canada considered waiting until July to cut interest rates The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of deliberations reveals. ctvnews.ca READ MORE ... Hamilton to strengthen tenant protections by adopting bylaw preventing ‘demovictions’ - Hamilton | Globalnews.ca City councilors are set to expand on previously approved renoviction rules by adding legislation that addresses tenant evictions through apartment demolitions. globalnews.ca READ MORE ... Here's how many condos equal the cost of one detached house in Ontario | insauga Managing finances around property ownership can be quite a chore and many would-be homeowners in Ontario have often been stuck juggling feelings on whether or not to invest in a detached house or a condo. As a result, real estate experts at Zoocasa have recently done the math to learn how many condos would amount […] insauga.com READ MORE ... Average Toronto Home Price Approaching $2 Million - Realinsights Toronto's Housing Market Soars: Average Home Price Nears $2 Million. Learn What It Means For Buyers And Sellers. gta-homes.com READ MORE ... Can converting empty offices into apartments solve the Canadian housing crisis? Discover how converting vacant offices to apartments help tackle urban vacancies and housing needs money.ca READ MORE ... Cottage of the Week: $6.7 million for a Bracebridge bungalow with twin bunkies and a big boathouse - Toronto Life 1,077,815 Torontonians can’t be wrong. torontolife.com READ MORE ... Ottawa's Vacant Unit Tax unexpectedly charged to new homebuyers. Could it also affect cottagers? Ottawa's Vacant Unit Tax has taken some homebuyers by surprise. How does it work and could it be introduced in cottage country? cottagelife.com READ MORE ... Rent prices in some Quebec cities are out of control, tenant group says Moving into a new apartment anywhere in Quebec now comes with price tags unseen. Tenant groups say they have observed a pattern of rent increases that show the market is in their view, 'nightmarish.' montreal.ctvnews.ca READ MORE ... Moving has become a 'nightmare' for tenants in Quebec: RCLALQ report Moving has become a challenge in Quebec, according to a report by the Regroupement des committees logement et associations de tenants du Québec (RCLALQ). montreal.citynews.ca READ MORE ... Seniors who rent in Montreal and Toronto at greatest risk of death from heat: report Seniors in both Montreal and Toronto had higher rates of deaths due to respiratory causes on extremely hot days.   nationalobserver.com READ MORE ... Summer Real Estate Market Insights: What Experts Are Predicting - Realinsights Explore Summer Real Estate Market Insights From Top Experts. Stay Informed On Key Trends And Predictions For A Successful Real Estate Season. gta-homes.com READ MORE ... Ontario home for sale comes with its own postal code and a $4.8M price tag 1 Banfield St. has lovely chandeliers, a pool with a waterfall, and a postal code (N3L 2N3) shared with no one else. nationalpost.com READ MORE ... Gunman's wife says fraud dispute led to deadly Toronto office shooting | CBC News The wife of a gunman in a fatal Toronto shooting says he believed the two victims were behind an alleged mortgage investment scheme that defrauded their family. cbc.ca READ MORE ... Here's how much you need to earn to buy a home in Ottawa this spring A new report from Ratehub.ca, an online mortgage brokerage service, shows the average income required to buy a home in the capital last month was $132,060, up from $131,000 in April. ottawa.ctvnews.ca READ MORE ... Posthaste: Have interest rates forced Canadians to sell their homes? Higher mortgage payments because of Bank of Canada rate hikes have only forced a small number of Canadians to sell, survey says. Read more communitypress.ca READ MORE ... What will influence the BoC's approach on rates for the rest of 2024? Canadians are hoping for another spate of rate cuts before the end of the year 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 Info & 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. "Disclaimer: Articles in this newsletter are generated by AI." If you no longer wish to receive these Emails, please Unsubscribe Here

😲 19th June 2024 - How This Woman Has Been Living Rent-Free In Canada!

💥 Wednesday 19th June 2024 💥 Find Out For FREE "What The Home Down The Street Sold For!" Daily GTA Real Estate Pulse: Hot Market Updates! "Empower Your Property Goals: Free Reports & Hot New Listings!" "Daily GTA Real Estate Pulse: Hot Market Updates" keeps you in sync with the latest trends and developments in the Greater Toronto Area's vibrant real estate market. Each day, we deliver fresh insights, critical market data, and expert analysis directly to your inbox. Stay ahead of the game with our comprehensive coverage of new listings, price changes, investment opportunities, and key market shifts. Whether you're a buyer, seller, investor, or real estate enthusiast, our daily updates ensure you have the information you need to make informed decisions in the fast-paced world of GTA real estate. Can a "FREE Home Price Watch" service offer personalized insights or recommendations based on changes in property values and market trends? Yes, a "FREE Home Price Watch" service can offer personalized insights and recommendations based on changes in property values and market trends. Here’s how such a service typically works and the types of insights it can provide: Personalized Insights and Recommendations Regular Market Updates: Property Value Tracking: The service can track the value of your property over time, providing updates on any changes in its estimated market value. These updates can be based on recent sales of comparable properties, changes in the local real estate market, and other relevant factors. Market Trend Analysis: By monitoring trends in the local real estate market, the service can provide insights into whether the market is currently favoring buyers or sellers, whether prices are generally rising or falling, and how quickly properties are selling. Comparative Market Analysis (CMA): Comparable Sales Data: The service can provide data on recent sales of comparable properties in your area, highlighting how your property compares in terms of price, size, features, and condition. Adjustments for Unique Features: Personalized recommendations may include adjustments based on the unique features of your property that might affect its value, such as renovations, lot size, or special amenities. Market Conditions and Predictions: Economic Indicators: Insights into how broader economic factors (like interest rates, employment rates, and economic growth) are affecting the local real estate market. Future Market Trends: Predictive analytics can offer projections about future market trends based on historical data and current conditions. Personalized Recommendations Optimal Selling Time: Best Time to Sell: Recommendations on the best time to list your property based on seasonal trends, current market conditions, and buyer demand. Price Adjustments: Suggestions on when and how to adjust your listing price to attract more buyers or to align with market conditions. Home Improvement Advice: Value-Boosting Upgrades: Advice on home improvements and upgrades that could increase your property’s value or make it more attractive to potential buyers. Cost-Benefit Analysis: Analysis of the potential return on investment for various renovations and upgrades. Local Market Insights: Neighborhood Changes: Information on changes in your neighborhood that might affect property values, such as new developments, changes in zoning laws, or improvements in local amenities. Competitive Analysis: Insights into how your property stacks up against others currently on the market in your area. Buyer and Seller Tips: Negotiation Strategies: Tips on how to negotiate effectively whether you are buying or selling, based on current market conditions. Marketing Strategies: For sellers, recommendations on how to market your property more effectively to attract potential buyers. Implementing Personalized Features To provide these personalized insights and recommendations, a "FREE Home Price Watch" service would typically utilize a combination of automated data analysis, machine learning algorithms, and expert input from real estate professionals. This allows the service to deliver tailored advice and keep property owners informed about the factors most relevant to their specific situation and goals. Conclusion By leveraging detailed market data and personalized analytics, a "FREE Home Price Watch" service can be a valuable tool for homeowners looking to stay informed about their property’s value and the overall market trends. It can help them make strategic decisions about when to sell, what improvements to make, and how to navigate the real estate market effectively. How this woman has been living rent-free in Canada Some of her cat-sitting charges are grumpy and others are purrfect, but either way she's able to see the country without paying to stay here nationalpost.com Read More ... New home construction rose while home sales came down in May | CBC News The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing Corporation and the Canadian Real Estate Association. cbc.ca Read More ... OSFI doubles down on keeping stress test for uninsured mortgage switches - Mortgage Rates & Mortgage Broker News in Canada The head of Canada's banking regulator stood firm in rejecting renewed calls to remove the mortgage stress test on uninsured mortgage switches. canadianmortgagetrends.com Read More ... 3-year versus 5-year mortgage: How to choose your term - MoneySense Interest rates are still high but set to come down, which is a key factor in picking a mortgage right now. Here’s what to think about when choosing between a 3-year and a 5-year term.  Interest rates are still high but set to come down, which is a key factor in picking a mortgage right now. Here’s what to think about when choosing between a 3-year and a 5-year term.  moneysense.ca Read More ... Edmonton has some of the most affordable mortgage payments in Canada Edmonton’s real estate market may not be the least pricey of Canadian cities, but its high average household income and reasonable home prices certainly place it among the most affordable, a new study shows. “Even though it’s a big city, the price of a home is in the middle of the pack in the study made up mostly of smaller municipalities,” says Karen Yolevski, chief operating officer at Royal LePage Real Estate Services Ltd. in Toronto, about... msn.com Read More ... Where to buy a home for under $1 million in Canada - MoneySense Yes, you can still find homes for less than seven figures in Canada, including in the country’s two priciest real estate markets. Our data shows you where. moneysense.ca Read More ... Why Savvy Investors Act Before Interest Rates Drop - Realinsights Why Now Is The Time To Invest In Real Estate Before Interest Rates Drop. Market Opportunities, Developer Incentives, And Long-Term Strategies For Success. gta-homes.com Read More ... Real estate prices remain stable provincewide after 'sleepy' May In Simcoe County, single-family house prices were down 0.9 per cent, condos were down six per cent, and townhouses were up 0.8 per cent compared to May 2023 barrietoday.com Read More ... Will recent interest rate cut be the spark the Canadian housing market needs? May proved to be another quiet month according to new stats from CREA wealthprofessional.ca Read More ... Strong sales in Saskatchewan keep inventory at lowest levels since 2008: SRA - REM “An eleventh consecutive month of above-average sales is quite impressive when you consider how challenging it can be for prospective buyers in some markets” realestatemagazine.ca Read More ... Average rents continue to fall in Hamilton One-bedroom apartments cost new Hamilton renters an average of $1,806 a month in May— $34 less than in April and $71 less than last May, according to Rentals.ca. thespec.com Read More ... Property owners take NDP government to court over new short-term rental rules A handful of members of a group of property owners from across B.C., known as the West Coast Association of Property Owners, assembled outside the B.C. Supreme Court in Victoria on Monday during a break in their court case. bc.ctvnews.ca Read More ... Borrowell Launches Program to Build Credit with Past Rent Payments for Canadian Renters | Fintech.ca A new report from Borrowell found that 65 per cent of Canadian renters say they would be in a better financial position today if they had started building credit earlier. To help Toronto’s Borrowell launched a new program today that will allow renters to submit up to 24 months of past rent payments to build […] fintech.ca Read More ... Calgary rent ranks 9th most expensive: Zumper Calgary is one of the 10 most expensive cities to rent in Canada based on a new rent report. calgary.ctvnews.ca Read More ... Renovictions top of mind for Waterloo council during rental bylaw review Waterloo councillors tell city staff to review the rental licensing bylaw top to bottom, with an eye to protect tenants from renovictions. kitchener.citynews.ca Read More ... Three big banks just slashed fixed mortgage rates: "Great news" for those facing renewal - Mortgage Rates & Mortgage Broker News in Canada Lenders across the country, including three of Canada's Big 6 banks, are once again busy slashing fixed mortgage rates—a welcome sign for those facing renewal in the coming months. canadianmortgagetrends.com Read More ... ’Rare and expensive’: Why is it so hard to find a 3-bedroom rental these days? | RCI Families are crowding into smaller units because they can't find or afford more space ici.radio-canada.ca Read More ... Moving? Don’t miss these lucrative tax deductions on your moving expenses - MoneySense You can ease the financial pain of a costly move by deducting those expenses from your employment, self-employment or school award earnings. You can ease the financial pain of a costly move by deducting those expenses from your employment, self-employment or school award earnings at your new location. moneysense.ca Read More ... Horrifying Mississauga rental is basically just a storage area disguised as a room for $750 With Toronto's average one-bedroom apartment now going for well above $2,400 per month, sketchy, but affordable listings continue to infiltrate the... blogto.com Read More ... Canadian Real Estate Lagged TSX Returns Over The Past 20 Years: BMO - Better Dwelling Most Canadians believe real estate is the best-performing investment they can make. A new report from BMO makes that unclear, after concluding the country’s largest stock market outperformed housing. Despite the TSX performing poorly against US equities, it outperformed Canadian housing significantly over the past 20 years. That can mean a fundamental shift for Canadian […] betterdwelling.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 Info & 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. "Disclaimer: Articles in this newsletter are generated by AI." If you no longer wish to receive these Emails, please Unsubscribe Here