In real estate transactions, buyers sometimes include a name change clause in their offer, allowing them to switch the name on the property title to a different person before closing. This clause can be concerning for sellers, who may suspect that the buyer intends to “flip” the deal to another buyer for profit. However, buyers …
Name Change Clauses in Offers: What Sellers Need to Know Read More »
When selling a rental property, deciding whether to list it while the tenant is still living there or to wait until they’ve vacated can be tricky. Both options have their pros and cons, and the best choice often depends on your priorities. Option 1: Listing After the Tenant Moves Out Listing your property after the …
Should You Sell a Rental Property Before or After the Tenant Moves Out? Read More »
When preparing to sell your property, even with a limited renovation budget, you can make significant improvements that increase its appeal and selling price. A few well-targeted upgrades can have a substantial impact on how quickly and profitably your home sells. If you only have a few thousand dollars to invest, it’s essential to focus …
Maximizing Return on Renovations Before Selling: Expert Tips for a Small Budget Read More »
In today’s Toronto real estate market, it’s increasingly common to see properties listed at prices well below their actual market value. These artificially low prices, often posted without an offer date, can mislead buyers into believing they’re getting a bargain. However, in reality, these low prices are simply a tactic to attract more attention and …
How to Price Your Home Accurately in a Market of Misleading Low Listings Read More »
Selling a condo in Toronto can be challenging, especially when the condo corporation faces a lawsuit. These situations are becoming more common. They often involve disputes over payments to construction companies or issues between the condo board and developers. Legal actions complicate the sale process, but there are strategies to help sellers protect themselves and …
Selling a Condo with Legal Issues? Here’s How to Beat the Odds and Close the Deal! Read More »
If you’ve had trouble selling your property in Toronto and are considering relisting it, you’re not alone. Many properties may sit on the market for months, and when they do, buyers tend to perceive them as less desirable. However, there’s no need to give up hope. By following a few key strategies, you can turn …
When selling a property, particularly one with a large lot, understanding the value of the land is crucial. As Leo Shiu, one of Toronto’s most successful listing agents, emphasizes,when it comes to selling a property, particularly one with a large lot, many homeowners assume that bigger automatically means better. However, in Toronto’s competitive real estate …
Maximizing Land Value: The Importance of Usable Lot Size in Toronto Real Estate Read More »
The Office of the Superintendent of Financial Institutions (OSFI) has recently announced a significant change to Canada’s mortgage landscape by ending the stress test requirement for uninsured mortgage switches. This move could have a profound impact on the real estate market, particularly in competitive areas like Toronto. What Is the Stress Test? The stress test, …
OSFI Ends Stress Test for Uninsured Mortgage Switches: Impact on Toronto Sellers Read More »
Toronto’s real estate market is known for its fierce competition, and when it comes to selling a property, the strategy you choose can significantly impact the final outcome. One of the critical decisions sellers face is whether to entertain a pre-emptive offer (often referred to as a “bully offer”) or to wait until the official …
How to Handle Pre-Emptive Offers in Toronto’s Competitive Real Estate Market Read More »
When it comes to selling your home in Toronto, there are countless factors to consider. Among the most critical decisions you’ll make is choosing the right real estate agent. Imagine a scenario where two buyers are competing for your property—both offer a similar price, deposit, closing date, and conditions. At this point, the question isn’t …
Why Choosing the Right Agent Makes All the Difference Read More »
