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Waiving Conditions: What are Your Risks

If you are a buyer in Toronto right now, you are familiar with submitting an offer with no pending clauses. The most important ones being Financing & Inspection. Two very important clauses. There are other potential ones but these are the cookies that matter.  Waiving these clauses and offering a good amount does not even…

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Make Sure You Get a Status Certificate

When you buy a condo one of the clauses that is very important, is the status certificate clause. The status certificate gives the buyer a snapshot of what’s going on in the condo office and property management. Let’s face it, there are good condo property managers, and bad ones. Here are a few things you…

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Upgrades Buyers Are Looking for in 2014

  When I do an open house, I get to see a lot of buyers within one day or two. It also lets me do a mental survey of the things that most buyers are looking for that they want, and the things they are willing to do. Here is a list of things I’ve…

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How To Win A Bidding War! Plain & Simple

Toronto’s market is getting crazy. Houses are going for over asking, partly manufactured by Real Estate Agents, and partly by buyers who will stop at nothing to win a fight! 1. Get Pre-Approved for a mortgage, and be 100% sure you will not get turned down. Before you put an offer in, send the listing…

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PHOTOSHOPPING YOUR HOUSE

Recently the press has had a field day with one house in Mississauga that has been photo shopped to make it look like it has a longer driveway. I believe the camera man also used a wide angle lens in the photo. There has been an article in a Real Estate news paper that CREA…

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Buying A Condo? Things to Look for

Toronto & The GTA is officially Condo land. Condos are the new affordable first time home buyer purchase. Its the most affordable, convenient, and in some cases the only thing available. Here are a few things to look for when buying a condo. 1. Amenities: Look at the pool, gym, parking, carwash, party room and…