first time home buyer: Condo for sale - 5740 Yonge St, Unit 2110, Toronto, Ontario M2M 0B1 - 05/25/16 10:26 PM
1 bedroom + Den condo for sale in Toronto near Finch TTC Subway Station, Go Transit, Viva
5740 Yonge St, Unit 2110, Toronto, Ontario M2M 0B1
Fabulous 1 Bedroom Plus Den Unit With Large Balcony And Popular Open Concept Design In The Palm; Available With Parking. Famous Downtown City Place And Modern Condo Project W/Breathtaking City View. Walking Distance To Ttc, Go Finch, Viva Transit, Restaurants, Finance And Entertainment, Parks, Top Of The Line Amenities- Gym, Swimming Pool, Party Room, Meeting Room, Outstanding Patio. Call It Your New Home Or Enjoy As A Great Investment Property.
All Existing Appliances; Fridge, Stove, Built In … (5 comments)

first time home buyer: Home Shopping And The Four-Legged Stool - 04/25/16 03:35 AM
What kind of stool is most likely to keep you from toppling over when you sit on it? Of course, two-legged stools won’t even stand on their own. Three-legged stools are okay, but still unstable. Four-legged stools are rock solid.
What does that have to do with shopping for a new home?
Well, if you want to find the right home quickly and for the best price, you need to have four things in place – the four legs of the stool. They will help ensure the experience goes smoothly.
The first leg is your wish list. You need to have a clear picture … (1 comments)

first time home buyer: Make Two Wish Lists When Shopping For A New Home - 04/19/16 10:54 PM
When shopping for a new home, create a wish list of the features and characteristics you want. After all, there’s no sense looking at properties with kitchenettes when you won’t settle for anything less than a full-sized kitchen that Julia Child would envy.
But there are probably some features that are nice-to-haves but not must-haves. For example, you might like a large wrap-around deck in your backyard, but would settle for a home that doesn’t have one. (After all, you can always install one later.)
That’s why it’s a good idea to create two wish lists. One list would include all the features … (0 comments)

first time home buyer: Shop for Insurance Before You Close - 04/08/16 11:59 PM
After purchasing a new home, buyers are often focused on securing a good mortgage, hiring a reputable moving company, and preparing for moving day.
Those are all important. Just don’t forget about home insurance! It’s an easy detail to miss. If you wait until the last minute to make those arrangements, you may not have time to shop around and get the best policy and rate.
When is the ideal time to shop for home insurance? When your offer is accepted. Don’t leave it until the last minute.
 
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first time home buyer: Making Sure Your “Wish List” is Complete - 04/02/16 01:39 AM
Before shopping for a new home, people often create a “wish list” of the features they desire most. That's a good way to ensure you choose a home that best fits your needs and desires. For example, you might want an extra bedroom for guests, ample space for a home office, a local playground for the kids, and so forth.
However, many buyers don’t make their lists complete enough. You might find a home with the extra bedroom and nearby playground you want, only to realize, too late, that your commute to work becomes twice as long. You missed the importance of … (3 comments)

first time home buyer: When to Consider Buying a “Diamond in the Rough” - 03/26/16 02:40 AM
Let’s face it. When you visit a home during a scheduled viewing or open house, you’re usually seeing it at its best. The rooms are tidy. The sinks are clean. The closets are organized and uncluttered. Even the lighting is set to its brightest.
That’s just good old-fashioned marketing.
However, not every house you see will actually look this way. For any number of reasons, a house on the market may be less than tidy, poorly decorated, and even in need of minor repairs. You may open the front door in anticipation, only to be immediately turned off by stains on the carpets, … (4 comments)

first time home buyer: When the Home Inspector Finds Something Wrong - 03/24/16 12:53 AM
You shop for a home. You find one you like. You make an offer — conditional on a satisfactory home inspection.
Okay so far.
Then the inspector discovers a problem with the home that may require an expensive repair or renovation. Perhaps the frame in the front door is cracked; or there's a leak in the roof; or the furnace is due to be replaced.
What do you do?
You don't want to pass up an opportunity to purchase what could be your dream home. On the other hand, you don't want to have to deal with potentially costly repairs.
First, keep in mind that you … (1 comments)

first time home buyer: Shopping for the Right Neighbourhood - 03/06/16 08:30 PM
When most people shop for a new home, they think about the kind of house they want: three bedrooms, two bathrooms, trees in the backyard.
But it also makes sense to shop for the right neighbourhood.
Think about it. In what type of area would you most like to live? What neighbourhood features do you want most? For example, you may want your next neighbourhood to have a good high school, a nearby recreation centre, and close access to public transit.
Make a list of what you want and then go “shopping” by visiting neighbourhoods that meet your criteria.
Your next home is more than … (2 comments)

first time home buyer: Stay or move? How to decide - 03/04/16 10:45 PM
Do you sometimes review the real estate ads in your local paper? Do you drive by an open house sign and feel the urge to stop and check it out? Those are common indications that, at least on some level, you’re thinking about the possibility of making a move.
But how do you decide if you should actually move?
The first step is to consider whether there are any practical reasons to consider buying a new home. What’s pushing you in that direction?
Is your current home too small for your needs? Is the commute to work, for you or your spouse, too … (2 comments)

first time home buyer: Does Location Really Matter? - 02/20/16 10:38 PM
You find a beautiful home available on the market, but you’re not so sure about the location. Does it really matter all that much? Yes, it does. That’s why you’ll often hear REALTORS® say, “Location, location, location.”
The location of a home you’re considering buying will affect you in two ways.
First, it will affect the property’s future resale value, especially if the neighbourhood is becoming less desirable.
Second, it will affect your lifestyle. If the area doesn’t have the features you want — nearby schools and playgrounds, walking trails, proximity to activities that interest you, such as golf or theatre — you probably … (3 comments)

first time home buyer: Freehold Townhouses in GTA under 400K - 02/09/16 10:20 PM
Day after day we receive reports that average home price in GTA climbed over 600K/625K/650K. While prices are growing with no trend to slow down, there are still options for first time home buyers and investors.
1. Ajax - Salem and Mandrake intersection, 3 bedroom, 3 bathroom - beautifully updated with modern kitchen, granite countertops, hardwood throughout main floor - asking price $369900. 6 days on the market
2. Brampton - Williams Parkway and Jordan Boulevard - lovely 3 bedroom, 2 bathroom home with finished basement and additional bedroom in the basement, listed for $284900, first day on the market
3. Clarington - Boswell … (1 comments)

first time home buyer: Trying To Find A Bargain Home - 02/02/16 05:19 AM
You’ve heard the story. Someone finds a home on the market that seems underpriced, grabs it, and subsequently discovers it’s worth tens of thousands of dollars more than the selling price.
What a bargain!
The truth is, bargains like that rarely happen.
Most properties sell for somewhere close to their market value. That’s why you need to find the perfect home for you, in the right neighbourhood, with a list price that is within your affordability range, and then buy that property for the lowest price your REALTOR® can negotiate.
When you shop for the right property at the right price, you have a good … (0 comments)

first time home buyer: Get It In Writing - 01/11/16 04:49 AM
As you tour a potential new home, you notice that the carpeting in the living room is stained. “Don’t worry about that,” says the homeowner, who senses your disapproval. “We’re going to get the carpeting professionally cleaned before we move.”
Should you take their word for it?
Regardless of how honest a seller may seem, never rely on a verbal promise.
Will they move that abandoned car in the back yard? Will they fix the crack in the front steps? Is that expensive-looking ceiling fan included with the house?
Don’t assume. Get it written into the offer.
Your Real Estate Connection:
Marina Gavrylyuk
Real Estate … (3 comments)

first time home buyer: When Choosing a Fixer-Upper Makes Cents - 12/27/15 08:52 AM
Some renovations can significantly increase the market value of a home. Others can cost more than you’ll ever get back.
So, when choosing a “fixer-upper”, look carefully at the work that needs to be done.
General painting, and bathroom or kitchen renovations typically increase the resale value of a house. “Invisible” repairs such as plumbing, electrical, or heating systems do not.
Before you buy, work with your REALTOR® to develop a market value estimate of the house you are considering as though the renovations you’re contemplating are already complete.
If the math works, go for it. Buying a “fixer-upper” can be very rewarding.
Your Real Estate … (1 comments)

first time home buyer: Getting Your Home Hunting Ducks in a Row - 12/23/15 01:01 AM
Say you’re shopping for a new home. Your goal is to find the ideal property, in a neighbourhood that is just right for you, within a price range that you can afford.
What do you need — at minimum — to get started?
If you’re looking for ways to get your ducks in a row, here are some suggestions:
A property wish list. What does your ideal home look like? How many bedrooms does it need to have? Do you require a spacious recreational room? A large deck? A pool? A nice view? Get your wish list down on paper. A neighbourhood wish … (1 comments)

first time home buyer: How Much Can You Really Afford? - 12/14/15 08:56 AM
“Can we afford it?” That’s the first thought that comes to mind when shopping for your next dream home. Fortunately it’s an easy question to answer if you consider your lifestyle, financial goals, expenses and mortgage eligibility.
Lifestyle
There’s more to life than just paying the mortgage and other living expenses. Hobbies, entertainment, vacations, family adventures, and charitable causes are also important. Don’t be house poor. Think of your “lifestyle” as another bill you must pay — to yourself.
Financial Goals
Your new home is not just a place to live. It’s also an investment. Make sure it fits with your overall investment plan, which … (0 comments)

first time home buyer: It’s All About Personal Service - 12/08/15 08:36 PM
In Real Estate, it’s understood that personalized service really makes a difference.
That’s why you are entitled to expect value-added, cost-free information and advice on real estate subjects that interest you. Here are a few examples of topics you might find worthwhile:
Financial and market trends Neighbourhood property activity Renovations and décor ideas Taxation and other municipal issues If you want to be kept “up to speed” on a particular real estate issue, just call to make an appointment to set up a monitoring program that’s right for you. Here’s how it works:
You define the issues that are most meaningful to … (3 comments)

first time home buyer: Understanding the Home Buying Process - 11/29/15 07:50 PM
The more you know about the best way to reach a goal, the more likely you are to get the result you want. So, whether you’re hunting for a new job, assembling a backyard BBQ, or training for a 3 mile run, you’ll want to use a proven process to help you get there.
That certainly holds true when shopping for a new home. There is a proven process to getting the home you want, in the neighbourhood you want, at a price you can afford. Here are the highlights:
Get ready
There’s a lot you must do before you pack … (0 comments)

first time home buyer: The Advantage of Getting Pre-Approved - 11/28/15 10:47 PM
One of the best things you can do to ensure you get the home you want is to arrange for financing before you go shopping. This is often referred to as getting “pre-approved”.
Getting pre-approved simply means that your lender has calculated how much of a mortgage they’re willing to offer you, depending on your down payment and current financial situation.
There are two advantages to having a pre-approved mortgage. First, you know exactly what you can afford when shopping for a new home. Second, when you make an offer, you’re likely to be taken more seriously.
Your Real Estate Connection:
Marina Gavrylyuk
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first time home buyer: Should You Accept A “Conditional” Offer? - 11/27/15 05:43 AM
There’s no doubt about it. The best kind of offer is a “firm” offer. The buyer offers you a certain price for your property and, should you accept it, the deal is done. Congratulations. You’ve just sold your house!
But more often than not, an offer is “conditional”. That means the buyer is offering you a price, but with one or more conditions. If those conditions are not met, the buyer can walk away from the deal.
Examples of typical conditions include:
Conditional upon arranging suitable financing within a fixed period of time. Conditional upon the buyer selling his own home by a … (0 comments)