Buying a home over $500,000? Down payment increased to 10% on homes valued at $500,000 or more as of Feb. 16, 2015 by fed gov’t. Finance Minister Bill Morneau announced last week that while the minimum down payment on homes valued at $499,999 or below will stay at 5%, the down payment on homes valued at $500,000 or more will now be a minimum of 10%. Most experts are saying this will have little impact on stemming the prices of a housing market continuously on the rise. “Rather than a blunt instrument to cool the market, this is a targeted measure designed to deter a very small segment of buyers from stretching into the market with a very low equity position,” said Robert Kavcic, senior economist at BMO Capital Markets. “This . . .
Is Home Staging in Toronto Real Estate Market Important? You Bet It Is! Home Staging in Toronto Real Estate Market can make the difference between a great sold price for a home and one that is just within or below market value, depending on what the condition of the home is. Clients often ask us if they should spend money and time on staging. Our answer is YES!, BUT, the type of home staging that is done is key. It doesn't mean a total overhaul of the home, you don't want to throw the baby out with the bath water.... Home Staging Consultation - Staging With What You've Got: In most cases, there is no need for "everything to go!" A great home stager can come in, do a consultation, and make a plan with what you should do to . . .
Buying or selling a home is an exciting opportunity for some people, and for others, it can be a stressful time. It’s likely that some of you may have even regretted a past experiences with some Toronto real estate agents. We believe that responsible realtors should make an effort to minimize that stress and bring confidence, expertise, and even a little excitement to one of the largest purchases in your life, your new home in Toronto! Choosing a realtor should be about the best fit for you. You and your realtor should fit as well as peanut butter and jelly, Beyonce and Jay Z, Liberace and sequins. You should have full confidence in your Toronto realtor and their experience as well as feel 100% comfortable working with that person or . . .
An estate sale is the sale of a home when the owner is no longer able to live in the home or has passed away and many times the owner's children, trustee, or power of attorney designee is managing the property and intends to put it up for sale. Common questions with estate sales Common questions include….Where do you start? What do you do with the contents? How do you present the property for sale to maximize the highest possible price? When is it the right time to sell the property? Do we have to update the property if it's outdated? These questions and more are asked prior to an estate sale. Sandy & Rayissa help provide guidance and answers to these questions and more. Tending to the details of life-changes can become . . .