Are you looking to transfer real estate property during your lifetime to your children? Maybe your rental property or a cottage? First of all, yes it’s possible, but take the time to evaluate all the possible scenarios. There are many solutions available and they all come with their share of ...
Continue ReadingGuidance for Smarter Real Estate Decisions When someone approaches me about buying, selling, leasing, or investing in real estate, our initial conversations usually focus on their objectives, the property, market conditions, and how I might be able to help them. These are important discussions, but there is something else I ...
Continue ReadingSelling a home is one of the largest financial transactions many people will undertake, so it is understandable that homeowners pay close attention to the cost of selling. When interviewing REALTORS®, sellers may encounter different commission structures, flat-fee arrangements, limited-service offerings and professionals describing themselves as providing “full service.” The ...
Continue ReadingReal estate transactions rarely involve only a buyer, seller and REALTOR®. Depending on the property and transaction, clients may also need lawyers, mortgage professionals, home inspectors, appraisers, contractors, surveyors, environmental consultants, movers, staging professionals and other specialists. It is therefore perfectly normal for clients to ask their real estate representative ...
Continue ReadingAn accepted Agreement of Purchase and Sale is an important milestone in a real estate transaction, but it does not necessarily guarantee that the transaction will ultimately close. Between acceptance and completion, buyers and sellers may still need to satisfy conditions, arrange financing, complete investigations, resolve title matters, meet contractual ...
Continue ReadingThe Protecting Tenants and Strengthening Community Housing Act, 2020 amends the Residential Tenancies Act, 2006, the Housing Services Act, 2011, the Building Code Act, 1992 and repeals the Ontario Mortgage and Housing Corporation Act. Originally posted on July 22, 2020 The changes to the Residential Tenancies Act, 2006 (RTA) strengthen protections ...
Continue ReadingWhen working with a REALTOR® in Ontario, one of the most important things to understand is who represents your interests and what that representation means in practical terms. Buyers and sellers often begin working with a real estate professional because they need help finding a property, marketing a home, negotiating ...
Continue ReadingTenants today have access to more property information than ever before. Online listing platforms make it possible to search apartments, houses, office space, retail units, industrial buildings and other rental properties without ever speaking with a real estate professional. For that reason, tenants reasonably ask whether they actually need a ...
Continue ReadingWhy professional representation sometimes means saying no, even when doing so comes at a cost. When someone engages a REALTOR®, there is a reasonable expectation that the agent will represent their interests, provide professional advice, negotiate favourable terms and help them achieve their real estate objectives. These responsibilities are fundamental ...
Continue ReadingUnderstanding the delayed offer presentation process Delayed negotiations, used appropriately, can be a powerful tool when it comes to selling a home. Done right, this tool is a plus for buyers too. So how do you know if delayed negotiations are right for you? First, talk to your real estate ...
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