Home Sellers

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Found 46 blog entries about Home Sellers.

This Month In Real Estate - March 2019

GTA REALTORS® Release March 2019 Stats

Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB's MLS® System in March 2019. This result was inline with 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by one percent compared to Q1 2018.

"The OSFI stress test continues to impact homebuyers' ability to qualify for a mortgage. TREB is still arguing that the stress test provisions and mortgage lending guidelines generally, including allowable amortization periods for insured mortgages, should be reviewed. The supply of listings in the GTA also remains a problem. Bringing a greater diversity of ownership and rental housing online,

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How much is too much to spend on rent? That amount is different for everyone, but the percentage of income that should be relegated to rent is pretty standard.

“Chances are if you are renting you are spending too much of your income on your monthly housing expense,” according to mortgage expert Kevin Pierce. “There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their rent or mortgage payment. This percentage allows the household to save money for the future while comfortably covering other expenses.”

That rule, known as the 28/36 rule, also states that a household should spend “no more than 36% on total debt service, including housing and other debt such as car loans,” said Investopedia. “This rule is

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On the airplane seat next to us, returning to his new home after a short visit with family in California. On her way to meet her fiancé on the catamaran where he conducts daily sunset tours. Behind the counter in the organic t-shirt store just across from the beach. They were seemingly everywhere: people who had chucked it all and moved to Costa Rica.

The first gentleman fell in love with the country while on vacation. The second fell in love with a native. The last followed a friend who fell in love with, “Pura Vida,” the unofficial slogan of the Costa Rica that loosely translates to “the simple life.”

Having experienced Costa Rica for the first time last summer, it’s not hard to see why people would choose to stay here forever. But, it’s

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3 Simple Secrets to Keep Your House Warm in the Winter

It’s been a busy year. It almost feels like we completely skipped over spring, summer and fall and found ourselves barreling head first into winter like a kid on an out of control snow sled. With those cold days just around the corner, now is the time to make sure all your heating equipment is safe to operate and ready to go when you need it. After all, you don’t want to learn that your furnace needs to be repaired by spending a freezing night regretting not having found out sooner.

Keeping the Home Fires Burning

There’s nothing like a toasty fire roaring in the fireplace, except maybe for forced air heating that distributes heat evenly throughout the house. Hey, old fashioned fireplaces are romantic, but they’re not the most efficient heat

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Breakfast nooks

It’s the most important meal of the day, so why are you spending your mornings eating over the sink on your rush to get ready for work? For many homeowners, there’s a perfectly cozy and wonderful alternative in their home that they might not even be using: the breakfast nook.

From Formal Dining to Chaotic Meals in the Open

Many people have long ago converted their formal dining rooms into home offices, instead opting for kitchen bars or dropping a dining set close to the kitchen in their open floor plan homes. These options are ok if all the chaos of eating in a non-space doesn’t put you off your feed.

For those who need a little more privacy, a quiet place to drink their morning coffee and contemplate life for a few minutes, the breakfast

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Smoke Detector Facts

Every morning, it’s the same thing. You get out of bed, take a shower, burn the toast and then curse the smoke detector. Although it's singing the song of its people can be incredibly loud and awful to hear, the truth is that smoke detectors save lives. So, while your smoke detector may sing way off tune, it’s trying very hard to protect you and your family from smoke- and fire-related hazards, like your morning toast.

It’s time to check your smoke detector batteries yet again — and to learn more about those white pucks that hang out on the ceiling.

Meet Your Friendly Neighborhood Smoke Detector

Every single day, your smoke alarms hang around next to the ceiling, just waiting for something to go wrong. They don’t ask for much, which is why

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Team Peroff Blog - Staging

There you sit, watching “The Vanilla Ice Project” on the DIY Network when a thought bubble forms over your head. If Vanilla Ice can remodel houses on television, you could probably save yourself the expense of a pro home stager and take the job into your own hands. Your Realtor will be so impressed that she’ll probably put it on her Instagram account right away.

This is a critical decision point. Do you put down the remote control and get to work making your home presentable for buyers or do you keep watching in hopes that Vanilla Ice breaks out into random song? It’s a hard decision.

As you lean forward to turn the television off, your spouse calls to see if you picked up milk on the way home from work. Of course you did. It’s just that

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Real Estate Relocation Guide: 7 Steps to a Seamless Move

Whatever your reasons are for relocating to a new area, the process can feel overwhelming.

Whether you’re moving across town or across the country, you’ll be changing more than your address. Besides a new house, you may also be searching for new jobs, schools, doctors, restaurants, stores, service providers and more.

Of course, you’ll need to pack, make moving arrangements, and possibly sell your old home. With so much to do, you may be wondering: Where do I start?

In this guide, we outline seven steps to help you get prepared, get organized, and get settled in your new community. Our hope is to alleviate the hassle of relocating—so you can focus on the exciting adventure ahead!

1. Gather Information

If you’re unfamiliar with your new

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How The Boomers' Record Inheritance Will Impact Real Estate

About 10 years ago, a study suggested that "baby boomers" were about to inherit a trillion dollars. Many boomers have already received their inheritance and it's one reason why the country's real estate boom has lasted so long.

But a new report by Benjamin Tal at CIBC Economics, based on a survey by Angus Reid Forum, says that during the next decade there is still about $750 billion to be transferred to Canadians aged 50 to 75 in the largest intergenerational wealth transfer in Canadian history.

Tal says that guessing how much money will be inherited is tricky.

"Most estimates are based on forward-looking questions, asking potential beneficiaries what they expect to receive," he says.

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Image of Closet

When you clean out your closet (or your whole house), the "donate" pile can get pretty big. But there's no need to worry about lugging everything to a donation centre. Clothesline will send a truck right to your door to pick up your gently used clothing, electronics and small household items for free. The proceeds will go to the Canadian Diabetes Association (CDA) to support its research, education and advocacy programs.

Each year, Clothesline, a national Canadian program, raises more than $10 million and diverts more than 100 million pounds of clothing and household items from landfill sites across the nation, something else donors feel good about.

The CDA started the program in 1985 as an innovative way to raise funds while making a positive

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