Categories: Downsizing, Selling Your Home  |   No Comments

Downsizing from a larger home to something smaller, sounds not so hard, like you may have to get rid of a few pieces. But if you wrap your head around the scope of downsizing from a family home you’ve lived in for 20, 30 or 40 years with your kids, to a condo, you’ll recognize […]

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A Sellers’ Obligation: from Firm Deal to Closing

Categories: Selling Your Home  |   No Comments

When you’ve sold your home, chances are your focus is on the next chapter in your life. It’s exciting to plan your space, to shop, to explore the new neighbourhood and fantasize. But hold on, you still have responsibilities with the place you are leaving. Maintain, Maintain, Maintain The first and most basic is maintaining […]

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Buying and Selling in a Higher Bracket

Categories: Buying a Home, Selling Your Home  |   No Comments

Past posts have included a lot about low inventory, bidding wars, staging, pricing homes, etc. Most of that information has been centred around the largest area of activity – the under $1 million zone; second or third family home, or downsized home. However, when you get into buying and selling homes over the $2 million […]

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Buying and Selling with Conditional Offers

Categories: Buying a Home, Selling Your Home  |   No Comments

What is a Conditional Offer? When a buyer brings an offer to a seller, it might include, alongside the price and closing date ‘conditional on…’ The most common conditions are home inspection and financing. The buyer is saying, for example, ‘I will pay you this for your home as long as my mortgage gets approved.’ […]

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Toronto Challenges First-time Homebuyers

Categories: Buying a Home  |   No Comments

Between the cost of housing, competition created by lack of inventory in Toronto and hefty down payment requirements, first-time buyers are having a real challenge finding a decent starter home. What I mean by hefty down payment requirements (there is no mention of hefty down payment requirements previous to this statement) is that if you […]

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Is downsizing in Toronto still possible?

Categories: Downsizing, Selling Your Home  |   No Comments

One of the major markets I serve is the mature couple, and boy are they having a hard time downsizing in this city. It’s a situation I face almost every day: an empty nest couple who are either retired or planning to very soon, who want to move into a smaller home with less to […]

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Pricing to Sell

Categories: General  |   No Comments

Real Estate Pricing Practices The Toronto real estate market is so short of inventory that you’ve no doubt heard about a lot of bidding wars. One made it to the paper a few weeks ago where a house sold for $200,000 over asking. I asked myself ‘was it priced properly to begin with?’ How We […]

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The Art of When to List

Categories: Buying a Home, Real Estate Market Tips, Selling Your Home  |   No Comments

Picking the ideal time to either list or shop for a home can be tricky. There are times with more or less activity, more or less inventory, when people have different priorities all with good and bad effects. You also have to consider what would be happening in 60 or 90 days when the house […]

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Making a Strategic Leap

Categories: Buying a Home, Real Estate Equity  |   No Comments

The conditions in the Toronto real estate market and recent changes to tax and mortgage structures, among other factors, have led some of my clients looking to move-up, to employ interesting new strategies. By new, I mean I haven’t seen this in my 27 years in the real estate industry. I haven’t seen these market […]

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Why You Should Move Every Five to Seven Years

Categories: Real Estate Equity, Selling Your Home  |   No Comments

The landscape of retirement is changing for everyone in the workforce: company pensions, or the idea of staying with a company long enough to collect one are disappearing. Government old-age pensions are being spread further and thinner. Maybe there are kids to put through university or a dream to take a couple years off and […]

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