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Monthly Archives: May 2011

Home Sellers Beware; Competition Bureau Wants You to Give Your House Away! – Homes in Toronto

Homeowner: I hear what you are telling me but I want to list the house at my price first. We can always change the price later.   Agent: If you do that and your house does not sell the first

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Ontario Court Fines Home Owner and REALTOR $160,000 for Giving the Buyer Wrong Information

Disclosing defects about a home to a homebuyer can really be a double edged sword. As responsible real estate agents, we need the seller to disclose any defects or deficiencies the home may have before putting it on the market.

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Is the Canadian Real Estate Market About to Go Into a Slump? Toronto Home Prices

There is a general belief that if we repeat a mantra often enough it becomes true. So far the Canadian housing slump has not happened and the Canadian real estate market keeps chugging along with no hint of derailment. The

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Toronto Real Estate Market Watch – May 2011

In April this year we saw over 9,000 sales, compared to close to 11,000 in April 2010, representing a 17 % decline. However, by looking at the average number of sales in the previous four months, we find that April’s

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Home Sales Plunge as Mortgage Rules Bite – Toronto Home Sales

Home sales in Canada slid across the board in April, but prices rose, new data from the Canadian Real Estate Association said Tuesday. Seasonally adjusted national home sales activity dropped 4.4% in April compared with March, while non-seasonally adjusted activity

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Ottawa Seller Reveals – Why I Wouldn’t Sell My Home Myself – Toronto Homes for Sale

Allison Philpot sold her home in Ottawa using a For Sale by Owner marketing service. She listed her home for $419,000, and was able to create a bidding war after her first open house. She received a top bid of

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It’s Not the Final Curtain for the Drapes in Your Toronto Home – Toronto Neighbourhoods

Have you ever wondered where curtains go when their owners tire of them? Unless they’re the lucky green velvet drapes Scarlett O’Hara fashioned into a frock in Gone with the Wind, they likely wind up in a garage sale, at

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Home Buyer Beware When Going it Alone – Buying a Home in Toronto

Many people who go it alone when buying a home turn up at open houses or contact the seller’s agent directly, thinking they can save half of the commission and get a better deal. I’m not so sure it’s that

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How to Sell Your Toronto Home Without Hiring a Real Estate Agent – Part 3

Are you still with us? Here is the 3rd and final part of “How to Sell Your Toronto Home Without Hiring a Real Estate Agent”. 15. Do not give away furniture or other chattels you are not willing to part

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How to Save the Most Money on Your Mortgage – Fixed or Variable? Toronto Mortgages

Mortgage rates in Canada have been at record lows the past few years, with the variable rate much lower than the fixed. Rates are slowly beginning to rise as predicted by economists and we will see an increase in both

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