As we enter the true dog days of Summer, it feels like the perfect time to share some quick thoughts and a Fall market prediction. No intro required, just dive in! Thoughts On Elon Musk Elon Musk is many different things to many different people. To some, he is a pasty, bloated narcissist who invented an overpriced car that runs out of power halfway up to the cottage. He is also the worst host ever of Saturday Night Live, which [...]
A real estate lawyer is a legal professional who specializes in the various legal aspects of real estate transactions. Their role is to provide legal advice, support and representation to their clients during the buying, selling, leasing or financing of real estate properties. Some of the key roles and responsibilities of a real estate lawyer may include: Title searches and examinations: A real estate lawyer can conduct a title search to ensure that the property being bought or sold has [...]
Buying a pre-construction property in Toronto can be a great investment opportunity, but it is important to do your research and understand the process before making any decisions. Here are some things to keep in mind: Research the developer: Make sure the developer has a good reputation and track record in the industry. Look for reviews, ratings, and any information on past projects they have completed. Location: Consider the location of the property and how it fits with your investment [...]
Scarborough is a suburb in Toronto, Canada, and the real estate market there can vary depending on the specific neighborhood, type of property, and market conditions. As a language model, I don't have access to real-time data or listings, but I can provide you with some general information about the Scarborough real estate market. According to recent data from the Toronto Real Estate Board, the average home price in Scarborough as of August 2021 was $947,027, with an average of [...]
Mortgage pre-approval is a crucial step in the home buying process. It’s an evaluation by a lender to determine how much they are willing to lend you to buy a home. Pre-approval gives you an idea of how much home you can afford and helps you shop for homes within your budget. In this blog, we’ll take a closer look at what mortgage pre-approval is, why it’s important, and how you can get pre-approved. What is mortgage pre-approval? Mortgage pre-approval [...]
Winning a Toronto real estate bidding war can be a challenging and competitive process. Here are some tips to increase your chances of success: Get pre-approved for a mortgage: Before you start looking for homes, it's important to get pre-approved for a mortgage. This will give you a better idea of what you can afford and demonstrate to sellers that you're a serious buyer. Work with a real estate agent: A knowledgeable and experienced real estate agent can help you [...]
Buying your first home is an exciting and sometimes overwhelming experience. With so many factors to consider, it can be difficult to know where to start. To help you on your journey, we've compiled some tips for a successful search Get Pre-Approved for a Mortgage Before you start looking at homes, it's important to know how much you can afford. Getting pre-approved for a mortgage will give you a better idea of your budget and can help you avoid disappointment [...]
With 2022 now in the rear view mirror, many people are uttering good riddance and breathing a sigh of relief. While 2022 did deliver the soaring heights of Andor (in my opinion the best Star Wars series by far) and the Depp vs Heard trial, it also began with yet another lockdown and ended with $10 romaine lettuce, much to the chagrin of beleaguered caesar salad lovers everywhere. The question that naturally (and inevitably) comes up then, is what to [...]
With the kids back to school, and the social media deluge of first day photos mercifully over (who started that trend anyway?), we are entering the time of the year when the real estate market typically awakens after the sleepy summer months. I stress typically because recent times have been anything but atypical, but I’m writing this entry with an eye on both the past 12 months and the 12 months to come. Looking both ways is making me dizzy, [...]
Some quick cuts and random thoughts from the cottage dock, as we sit in the dog days of August with the Fall market and sub zero temperature rapidly looming. The Real Estate Market Has Hit Rock Bottom Like the hopeless alcoholic chugging cough syrup at 7 am in the Shoppers Drug Mart parking lot, I believe the real estate market has hit rock bottom. The average GTA price came in at $1.074,000 for July, down from the peak of $1,334,000 [...]