park lake: Is the CONDO too small already? - 05/11/12 10:19 AM
Is your place just too small? Maybe you bought pre construction. The location may have been suitable to you four years ago when you started working there. Maybe you bought with a certain family size in mind.  Now you have plain outgrown it. I can do three things for you. I can help you release the equity you have in that beautiful loft or one bedroom plus den. I can help you find a more suitable property for you. I can help you with Bridge Financing to make sure you have the money going forward and that you don't have any problems with the … (1 comments)

park lake: Condo is the Choice for Toronto Living - 04/24/12 06:55 PM
Recent survey by the TD Bank released Spring 2012 talks about the preferences that Toronto Condo Consumers have about condos vs single family homes.  Condos are less upkeep, more affordable and offer amenities.  This plus the proximity to public transit in the City (and PATH) could keep you indoors if you prefer.  The largest concern is Condominium Maintenance Fees. "The possibility of a fee increase can be a little unnerving," says Haque. "While there's no way to 'lock-in' to a monthly fee like you can with a mortgage, you can prepare for a fee increase by building a buffer into your monthly housing budget, … (1 comments)

park lake: Increase Reserve Fund Minimums to 20% Toronto Condos - 03/25/12 08:09 AM
Condo Boards try to keep maintenance fees the lowest possible to spend the least amount of money. Unfortunately although well meaning it is misguided when 8 - 12 or 15 years later money is required and the Reserve Fund is in adequate. This results in borrowing additional money for specific repairs (requires a vote by a majority of owners) or a Special Assessment. Lawyer Derrick Fulton, an expert in condo law, said one major problem area is the Act’s requirement on reserve funds; currently, 10% of common element fees must go into a reserve, but he believes that number should be … (1 comments)

 
Img_1192 Rainmaker_large

David Pylyp

Toronto, ON

More about me…

RE/MAX Realty Specialists Inc.,

Office Phone: (905) 272-3434

Cell Phone: (647) 218-2414

Email Me

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!


Listings

Links

Archives

RSS 2.0 Feed for this blog

Find ON real estate agents and Toronto real estate on ActiveRain.