Ever wonder how a realtor gets paid when they help you with the home buying process? Real Estate Commissions Payment to a realtor is made in the form of a commission and is based on the final purchase price. The real estate agent commission fee in Ontario, Canada ranges but is normally paid to the realtor representing the seller and the buyer. In most cases the buyer does not pay real estate co...Read More

Real Estate titles is an important discussion to have when purchasing a home or condominium with another person, a friend or a spouse. There are a variety of ways you can hold title and it is best to know meaning of the two most common options.   Tenants in Common   Now we are not talking about having common interests with someone else. ?? Tenants in Common means when two or more peopl...Read More

When working with clients, negotiations is critical in getting them the best possible deal in their real estate transaction. However, many people forget what can be negotiated in a real estate contract.   It is important to know what can be negotiated when you are sitting at the table with your trusted realtor.   Here are the five primary negotiations points that you need to consider in ...Read More

Our goal this year is to do 20 episodes in 2020. Let’s get started because we are already a little behind. Our first episode we will discuss our favourite neighbourhoods to buy this year.   Last year our top choices where Rockcliffe Smythe and Wallace-Emerson, though Rockcliffe surpassed the average growth of 4% in the GTA (according to TREB) with a huge 2019 and an almost 11% increase,...Read More

  A downpayment is an initial payment made when something is bought on credit. It is also a topic that many people inquire about when buying real estate. The minimum downpayment in Canada depends on the purchase price. This was recently changed in the last few years. Let’s break it down to make it less confusing. Under $500,000 Purchase Price If the purchase price is $500,000 or...Read More

A lease is a contract outlining the terms under which one party agrees to rent property owner by another party. When a lease has expired, many people are unsure of what to do and if they need to move out. The simple answer is no. You do not need to move out when the lease has expired. Let me explain it a bit further.  In Ontario, the residential tenancy automatically renews on the expiry da...Read More

Shopping for homes in a hot market is no easy task. Many times, people will buy prior to selling. With this comes a very common question - what happens if the purchase and selling closing dates don’t match? This is when Bridge Financing comes into play.   What is Bridge Financing? Simply put, it is a bridge loan that is used as a financing tool that allows you to bridge the gap betwee...Read More

  When buying a new development there are some hidden costs associated with the purchase. Many times these costs are not shown upfront. Here are the five hidden costs that you should know before purchasing a new development. Window Coverings & Appliances Unlike resale homes, new developments may not include window coverings and appliances. Take into account these extra costs when calc...Read More

Property tax is a real estate ad-valorem tax, calculated by a local government, which is paid by the owner of the property. We may not love them but it is one of the carrying costs that come with homeownership. Property taxes are charged by the municipality you live in, and are used to pay for many city services such as garbage and recycling collection, sewer protection, road maintenance, snow re...Read More

For those new to buying and selling real estate, the language can often add layers of confusion. Here are six terms that you should know before starting the process.   Buyer’s Realtor/Selling Realtor There are usually two realtors involved in a transaction. Buyer’s agent who represents you and the listing agent who represents the seller.   Multiple Listing Service (MLS)...Read More