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The 16 proposed measures Ontario hopes will cool the housing market

The 16 proposed measures Ontario hopes will cool the housing market

The 16 proposed measures Ontario hopes will cool the housing marketThe Ontario government has announced what it calls a comprehensive housing package aimed at cooling a red-hot real estate market. Here are the 16 proposed measures:A 15-per-cent non-resident speculation tax to be imposed on buyers in the Greater Golden Horseshoe area who are not citizens, permanent residents or Canadian corporations.Expanded rent control that will apply to all private rental units in Ontario, including those built after 1991, which are currently excluded.Updates to the Residential Tenancies Act to include a standard lease agreement, tighter provisions for "landlord's own use" evictions, and tech...

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MARCH 2017 STATISTICS - NIAGARA HOME SALES

MARCH 2017 STATISTICS - NIAGARA HOME SALES

The Niagara Region continues to see house prices increase year over year. First time home buyers should be looking to purchase sooner than later, as the prices for homes are rising faster than what they can possibly save up for larger down payments on a home. The Niagara boom is only at its starting point and overall market projections are projected to far surpass any increases that we have seen over the 2016-2017 years. First time home buyers should be looking at their first purchase as an investment for their future, as prices will not be dropping any point soon. Major considerations for investors and home buyers alike for buying in Niagara include the current $ per sqft prices vs acr...

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5 Reasons to Hire Professional Cleaner and Organizer Before Listing Your Home

5 Reasons to Hire Professional Cleaner and Organizer Before Listing Your Home

Why should you have a professional cleaner come to your property before listing? Well, would you be interested in viewing an uncleaned, unorganized property? Chances are, it is not exactly going to make you feel comfortable or excited to walk through, let alone making one of the most important decisions of your life. Here are five important reasons to hire a professional cleaner/organizer before you list your home for sale or lease.  1. Making the Property Their Own.  When a buyer or renter looks at a property, they are imagining if they can see themselves in that space. If a home is personalized to the Seller, it can make it difficult for buyers to see the...

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How a Lawyer Helps Close the Purchase of Your New Home

How a Lawyer Helps Close the Purchase of Your New Home

Lawyer Acting for a PurchaserIn a typical transaction, the lawyer becomes involved after the Agreement of Purchase and Sale has been signed and after all conditions have been fulfilled or waived so that the deal is firm and binding. There are however certain situations where a lawyer may become involved early on in the process.1. Agreement Conditional on Review by a LawyerIn certain circumstances, the Agreement of Purchase and Sale will be conditional on a review by the Purchaser’s Lawyer. For example, when purchasing a condominium, there will often be a condition that the purchaser’s lawyer must review the Status Certificate. The Status Certificate is a document prepared by the ...

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The Importance of Professional Real Estate Photography

The Importance of Professional Real Estate Photography

There is no argument that advancements in technology have dramatically altered our day-to-day lives. From the way we communicate and share to the way we find our way during a Sunday drive. Technology has literally brought all the information we could ever need right to our fingertips.In the world of real estate, technology has reshaped the industry and put consumers in control. More and more, buyers use Internet or mobile resources to find their next home which means REALTORS® serious about their brand image have had to expand their real estate toolbox.Enter the professional real estate photographer.The old saying that a picture is worth a thousand words can now be translated into dollar...

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Financial Tips for First Time Home Buyers

Financial Tips for First Time Home Buyers

Like many people in Canada, they are looking to buy their first home in 2017. If you follow the tips listed below, you should have no problem purchasing that home you’ve always wanted.1. Figure out what you can afford. A home is an expensive purchase and finding out what you can afford should always be yourfirst step. Many home buyers will approach the realtor and start to look for houses that are not in their price range. Mortgage rules are constantly changing within Canada and by finding out your price range, you will have a better understanding of the type of home you should be looking for.The general rule of thumb is you should not be spending more than 30% of your gross month...

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Helpful Tips for Flipping a Home

Helpful Tips for Flipping a Home

Helpful Tips for Flipping a HomeThe business of flipping homes can be a lucrative and fun investment. Although each property is different from each other, the entire process is much the same. Experts see flipping homes as a process that takes years of experience to devise. Beginners may feel overwhelmed with  steps many unknowns involved from start to finish. Here are some tips for flipping a home and generating profit for beginner investors.1. Location, Location, Location! The most important tip is to buy a home in a desirable neighbourhood that is attractive upon resale. Schools, amenities, parks and bodies of water are&...

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When is the best time to sell my home?

When is the best time to sell my home?

I often get asked the question "When is the best time of year to sell my home?" The short answer = TODAY!I know what you're thinking - "That's a typical salesman answer!"My long answer may change your opinion! Let's break down the year by season:WinterWinter months in Canada are known for their brutal snow storms, poor driving conditions and shorter days. This presents opportunity for sellers! Buyers are always on the hunt for homes - and these winter conditions give buyers the excuse to spend even longer searching online for their new home. From a Seller's perspective - if a buyer requests a walkthrough of your home during a Canadian w...

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