Real Estate

Great New Listing-The Eiffel Tower at Bathurst and Steeles

Posted on June 7, 2009. Filed under: Buyers, Condominiums, Real Estate, Toronto | Tags: , , , , , |

Luxurious Eiffel Tower By Menkes. This Penthouse Has An Unobstructed And Quiet North View, 9 1/2 Foot Ceilings, Approx. 860 Square Feet, Bright Open Concept Kitchen And A Balcony. Walk To Shops, Restaurants, And Synagogues. Close To The Promenade And Centrepoint Malls. Gatehouse And Building Entry Security System. Transit @ Doorstep, [...]

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As A Seller What Will I Make on the Sale of My Home

Posted on May 1, 2009. Filed under: Downsizing, Expired Listings, Real Estate, Sellers | Tags: , , , , , , , , , , , |

When I meet with prospective sellers, one of the components of my presentation is the sellers net sheet.  The seller net sheet simply anticipates the money you will receive from the home sale, once all fees and charges are settled.
The seller net sheet calculates your closing proceeds after you enter variables such as your mortgage [...]

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Great Thornhill Woods Home

Posted on April 20, 2009. Filed under: Buyers, Information, Real Estate | Tags: , , |

This great family home in Thornhill Woods was built by the Conservatory Group. Enter the home through a large vestibule with ceramic tile. The hallway and staircase are oak. Living room and dining room are on one side of the home and the family room is on the other. The home has an open concept [...]

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Weekly Mortgage Rates-April 6, 2009

Posted on April 6, 2009. Filed under: Buyers, Information, Mortgage Rates, Real Estate |

BEST RATES

Monday, April 6, 2009

Term
Bank Posted
Discount Rates

6 Month
5.20%
5.00%

1 Year
5.00%
3.25%

2 Year
5.00%
3.90%

3 Year
5.15%
3.99%

4 [...]

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It’s All In the Price

Posted on March 21, 2009. Filed under: Downsizing, Expired Listings, Real Estate, Sellers | Tags: , , , , , , , , |

The top three reasons homes don’t sell are
3.  Condition
2. Location
1. Price

When pricing a house it is best to compare apples with apples or the most similar homes in the area that have sold recently.  Also be sure to look at expired listings (to see what does not work as far as price is concerned) and [...]

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Costs Of Home Ownership

Posted on March 20, 2009. Filed under: Buyers, Information, Real Estate, Toronto | Tags: , , , , |

Anyone who owns a home knows that there are many additional costs associated with owning a home. Many first-time homeowners base their decision to buy a home on their ability to make the monthly mortgage payments. In fact, there are many other costs that go into owning a home than just the mortgage payment.
First-time homeowners [...]

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Interest Rates Lowest Ever

Posted on March 19, 2009. Filed under: Buyers, Investors, Real Estate, Toronto | Tags: , , , |

- In another attempt to stimulate the sluggish economy, the Bank of Canada governor Mark Carney cut the interest rate to 0.5%, the lowest ever. The Bank has cut the key rate by four percentage points since December 2007.
In its announcement the Bank stated that this rate is to remain at its current level or [...]

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2,565 RESALE HOUSING TRANSACTIONS SHOWS RATE OF DECLINE SHRINKING

Posted on March 19, 2009. Filed under: Information, Market Update, Real Estate | Tags: , , , , |

TORONTO, March 19, 2009 – Greater Toronto REALTORS® announced 2,565 transactions in the first half of March compared to 3,183 during the same period last year. The annual rate of MLS® sales decline was the smallest in five months. Mid-month March MLS® sales increased compared to the 2,044 sales experienced in the first
half of February. [...]

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The Value of A Realtor

Posted on March 19, 2009. Filed under: Information, Real Estate | Tags: , , , , , , |

I was reading  a blog post by Seth Godin the other day where he ask “where have all the agents gone”.  His view of Realtors as a middleman is interesting. “Middlemen add value when they bring taste or judgment or trust to bear on a transaction that isn’t transparent.”
I could not agree with him more.  [...]

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Market Watch March 2009

Posted on March 18, 2009. Filed under: Market Update, Real Estate, Toronto | Tags: , , , , |

Many buyers are out there looking, but seem nervous about making offers. They’re confused by what they’ve been reading and hearing about the state of the real estate market. The fact is, although sales and prices have both declined in different percentages around the country, they have remained relatively steady when compared with prices south [...]

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