We’re not even in the thick of the ‘spring market’ yet and it’s madness out there. If you’re a Buyer right now, these are trying times – the worst I’ve seen in all of my years in real estate. And it’s not just house Buyers that are struggling anymore – the craziness has spilled […]

If you’re in the market to buy a condo in Ontario, you’ll no doubt hear about the Status Certificate. Here’s what you need to know.  What’s a status certificate? A status certificate (sometimes referred to as an estoppel certificate) is a huge document that contains the financial and legal health of a condo corporation. It’s […]

Bidding wars aren’t just for houses anymore -they’ve become the norm for condos too. If you missed our blog earlier this week, read True Tales and Gossip: Condo Edition to understand what’s happening.  If you’re looking to buy a condo in Toronto, you’ll need to arm yourself with the knowledge – and wherewithal – to come out on […]

So we’ve entered new territory in the condo market. Demand and prices have gone bananas. It’s literally happening all over the city: A condo listed at $299,900 sold for $476,000 in the Junction Triangle. There were 36 offers. Yes, 36. A condo listed on the Etobicoke Lakeshore was listed at $359,000 and sold for $441,000. […]

Note: I’m not a lawyer, and this shouldn’t be construed as legal advice. Think of this blog as general information and get a legal opinion if you need it. What’s a deposit in real estate? A deposit is paid by a Buyer on the successful agreement of the purchase/sale of a home, and forms part […]

Depending on who your real estate agent is and how much you like or dislike them, this is either a How-To or a What-Not-To-Do…. 12 Ways to Annoy Your Real Estate Agent While touring properties, wear shoes that take 5 minutes to take on and off. We’re big fans of velcro (and isn’t that a […]

When you’re a Buyer in a hot real estate market like Toronto, there aren’t a lot of “deals” to be found.The market is smart and prices quite naturally adjust up or down based on supply and demand. [Related: The Market is Smarter Than You] But if you’ve got your heart set on finding a “deal”, […]

With 44,000+ agents in Toronto, everybody knows somebody who works in real estate. I read somewhere that the average person knows seven real estate agents (but can only name 2 of them, LOL). There can be some real advantages to working with a friend when buying or selling a home: They already know you and […]

Every year, I write a blog predicting what I think will happen in the new year. We have more question marks and uncertainty right now than ever before, but I’m going to predict more of the same with a few twists along the way: Interest rates continue to rise. The government continues to intervene. And […]