Sometimes downsizing from a large family home to a smaller retirement home is easier said than done. People often underestimate how much stuff they have accumulated until they actually go through it. That's why we have taken the time to outline four mistakes that could keep you from making your dream of downsizing a reality.
You may have heard the old saying, "numbers do not lie," and this is one idea that you can take to the bank. Interestingly, there seems to be a common quality among self-made wealthy individuals. They have a good sense of numbers. As any savvy real estate investor will tell you, they are avid followers of real estate market reports.
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With so many people working from home these days, the idea of the home office has changed a bit. While some have a dedicated space for their computer and other tools, others work from their couch to supervise the kids. In the long run, it pays to have an office at home because there are many tax benefits and write-offs that come with such a space.
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How to Move to Toronto and Launch a Business All at OnceIf your existing home can’t support your dream of starting a business, moving to Toronto could be your best bet. While it might seem like handling a move and launching a company simultaneously isn’t possible, that isn’t the case. David Khosravi can help you make it happen.
John and Emma, after much thinking, and debate are ready to sell their home. Emma explains, it is an emotional decision, but we need the space since our babies are growing up.
What is a foreclosure home?
A foreclosure home is a home sold by a lender, for example, a bank, a lending company or a private lender. A lender takes control of a home via the foreclosure process when the owner fails to make their mortgage payments.
The Multiple Listing Service, referred to as the MLS, is a centralized location of all homes for sale by real estate agents. The MLS is the most valuable tool for real estate agents, as
Meet Jane and John. Jane and John are planning to purchase a new home. It is the first time they are buying a home. They hired a real estate agent to help them with the purchase in previous times, and they were happy with the outcome.
Most likely, you have heard the common sayings, "real estate is local," "location is everything," and "location, location, location." Media say it; real estate agents say it, and almost everyone else. So it must be important, and it is, in fact, crucial. But what does it mean when we say real estate is local?
Cash purchase. A cash purchase provides a full advantage to the buyer since it will eliminate all worries that the buyer cannot close the deal. However, in a market like Willowdale, Toronto, where prices are in a multimillion-dollar range, cash purchase may not be an option for many buyers.
What is a multiple offer? Multiple offers happen when there are several buyers interested in a specific property. Multiple offers can occur in any market condition; for instance, a unique property may attract interested buyers. However, multiple offers are more common in the seller's market. It is referred to as the seller's market because there are fewer houses for sale, and the market favours the seller.
See your virtual house before starting your project. You need to imagine many elements of your newly renovated home; rooms, bathrooms, closets, kitchen, and even furniture types to go with your home.
How to see the potential of a house that requires extensive works? You have come across a home that needs an extensive renovation; you like the location, property, and building. However, you cannot fully imagine yourself living in the house.
If you are reading this article, most likely you like to learn more about the process of buying a house. There are many factors you need to consider to make sure you purchase the home you desire. You may consider preparing a checklist of what is critical for you and have the items in priority. You can't have everything on the list, so the checklist will remind you where you are willing to compromise. Show your list to your family and real estate agent to get feedback from them.
Once I found the property that I like, what is the best way to determine if the listing price is the actual market value?
We have over 25 years of experience in North York, Willowdale community; we'll look at several factors. The most critical factors are looking at the property's sales history and comparables (houses sold within a few kilometers of your house) recently sold within the neighbourhood.
For several years now, we all hear all around that the Real Estate market is too hot. We all hear the alarming warning that it is a bubble. Well, some have waited for a long time to finally ignore the warning sound and forge ahead to buy their dream home. On the other hand, many wait for the coming crash.