It’s the first week of autumn and while the days have still been sunny and mild, the nights have been chilly, with many people having already turned on the furnace once or twice to ease the transition. Pretty soon we’ll experience the first frost (I know, Ouch!) and dare I say that 4 letter word? SNOW?!? While I personally hope that the fluffy white stuff is still at least a few weeks (if not months) away, the reality that summer is over is really setting in, and along with it a sense of responsibility to start getting our homes ready for the colder temperatures. Here are a few things a responsible homeowner will want to take care of within the next couple
When it comes to buying and selling real estate, the completion date on an agreement of purchase and sale refers to the date that both parties (buyer and seller) exchange funds, keys, possession and title on a home. This is commonly referred to as the ‘closing date’ by most people familiar with the typical real estate transaction. Sometimes this date isn't kept… What?? It didn't close? What does that mean? Why? What the heck happened? What about the keys? The buyer's money hasn't come through???? What do we do with all our stuff that is sitting in the moving truck outside the new house? What now? Well, it can cause a domino effect. If your buyers don't close, you can't.
Autumn is setting in. If you look closely, you can see the leaves already starting to change colour and there is a certain crispness to the morning air. I hope you had an enjoyable summer! Since it’s the season of harvest, and since I absolutely LOVE the neighbourhood, I wanted to share with you a great way to spend a Tuesday afternoon this fall. The Trinity Bellwoods Farmer’s Market takes place every Tuesday afternoon, rain or shine, from 3pm to 7pm until the end of October. This small but charming market is farmer focused and strives to educate the local community in the foods they eat, the source in which it comes and how it is grown and/or prepared.
With so much talk about bidding wars lately, it brought to mind thoughts of some of my past clients. Clients who have lost out on more than one multiple offer scenario; being left frustrated and burned by the nuances of Toronto’s real estate market along with the idea of having lost their ‘dream home’. I’ve got lots of great stories about bidding wars where sellers have profited HUGE and where buyers have acquired amazing homes in the most heated multiple offer situations, but sometimes you just can’t win them all. Here are some tips to help you prepare yourself for what the dreaded bidding war entails: STEP 1- figure out the property's value and what you can afford! Always
Although everybody seems to have an opinion on what any particular home should be worth, market value is defined as the amount a buyer is willing to pay within a reasonable amount of time. Market value is not what a seller feels they should get for their home, or even necessarily, the final sale price for a property should a successful deal be negotiated. And being that sellers have the liberty of pricing their home at any price they want, it’s safe to say that many houses sit for months on the open market without a single bite, all because they are severely overpriced. Not that I want to give away all my little secrets, but I thought I’d share