On Saturday May 29th, RE/MAX, one of the founding partners, is sponsoring “Yard Sale for the Cure”, a one-day event that brings neighbourhoods across the country together for a massive yard sale in support of breast cancer.
This event provides homeowners with a unique opportunity to clear clutter and dispose of items, which they no longer use, while simultaneously raising funds for breast cancer.
Our RE/MAX office will be hosting a yard sale and we’re excited to volunteer time, along with our colleagues, to set up and… Read the rest
It’s time to move on. Now that you’ve made the decision to sell your house, you will need to view your home in a different light – as a marketable commodity.
The first steps in getting your house ready for the market are to depersonalize and de-clutter. Warm, clean, simple, spacious, well lighted and neutral – a home with these qualities will have the most appeal to potential buyers.
Make Your Home Anonymous
Transforming your home into an anonymous house will help interested parties to view it as their… Read the rest
What Are The New Mortgage Rules?
On April 19, 2010, the Canadian Federal Government implemented changes to the lending requirements for government-backed insured mortgages. In the words of Jim Flaherty, Minister of Finance, these actions will “help prevent Canadian households from getting overextended, and… prevent some lenders from facilitating it.”
How has mortgage lending been impacted?
1) 5-Year Fixed Qualification Rates
Borrowers will need to qualify using a 5-year fixed rate, regardless of what term they choose (replacing the former 3-year fixed rate).
Under the new rules, all… Read the rest
After viewing many properties, you’ve finally found the perfect home! It’s time to make an offer. Is the home priced fairly? How much should the offer be? What conditions should you include?
Your Live in TO agent can help navigate you through the offer process. To what degree, though, depends on the Buyer Representation relationship you have chosen ie. either Buyer-Client or Buyer-Customer. There are some clear advantages with the Buyer-Client relationship when it is time to present an offer.
If you chose to be a Buyer-Client, your Live… Read the rest
The following is an estimate of the costs involved in the normal operation of a home in the Toronto area. As prices vary from one area of the city to another, these figures should be used only as a guide.
Monthly Mortgage Payment
Just like when you rent, as a new homeowner, you will have a monthly payment to make. The size of your mortgage payments will depend on the amount of your down payment, the amortization period (25, 30 or 35 years), the term (fixed rate, variable rate)… Read the rest
