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Is the SELLER scoring the best deal? - 02/20/12 03:24 PM
The lack of homes for sale continues into the 2012 spring real estate market in Toronto. Older homes do present a challenge when you want the property but may be forced by competition to waive your Home Inspection Condition. My personal advice is to endure a few sales and bidding cycles; have a home inspector standing by who can assist in a walk through. With any older home they can only report on what can be seen. They are not permitted to open any walls or drill any holes. That is why thermal imaging is so vital. A simple 20-item home … (0 comments)

Have you had trouble with tenants? - 02/16/12 11:57 AM
Just got off the phone with a Landlord handling a dispute between his tenant and the adjacent neighbour over cars parked in a Right of Way (shared Mutual Driveway)  Tenant parks to drop off kids and groceries, neighbour has a tantrum about cars in the driveway.  This is escalating to LAWYER letter writing and the Neighbourhood Community Liaison Officer (Police), a call out of illegal building permits and pet tags.Why can't people just get along?Do you have a tenant from Hell story to share?I'm in Toronto  Reach out and say Hello
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Toronto Vacancy Factor is at 1% - 02/09/12 12:37 PM
With all the talk about Toronto Condo Bubbles, Housing Bubbles and all the informed conversations online about HOW the Real Estate and condo market in TO will collapse this year; I offer this simple answer.
  Toronto has a vacancy factor of less than 1% Yes 1%   This article from Forbes magazine posts in very graphic fashion the vacancy factors in major US cities that have exceeded 14% and actually have broken the figures down separately for homes for sale. This is further impacted by the homes repossessed under foreclosure but not yet released for sale by the bank.   … (0 comments)

Lets compare Condo Maintenance Fees Toronto - 02/07/12 12:33 PM
Lets have a look at and compare what makes the maintenance fees in your building. First Lets establish a few things, Your furnace unit consumes electricity; usually through a heat exchange unit in a central part of the condo or maybe you are blessed with two. The heat exchange units take warmth (hot water heated from a boiler) from the coil and disperse it into your unit. The cost of operating the fan blower is yours, the costs of heating the water as to your maintenance fees. The unit is inside your unit and operates from the Common Expenses. The liability … (0 comments)

 
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David Pylyp

Toronto, ON

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RE/MAX Realty Specialists Inc.,

Office Phone: (905) 272-3434

Cell Phone: (647) 218-2414

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News, views, rants and commentary about Toronto west Real Estate issues and Local Community events from David Pylyp. Experience is not expensive... It is Priceless!


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