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6 Mistakes to Avoid When Trading Up to a Larger Home

6 Mistakes to Avoid When Trading Up to a Larger Home

The most common mistake home buyers make is that they buy with their heart instead of their head. Source: Hannif Highclass c/o Genie Sabre Realty Inc. Publish:MY BLOG: Toronto Real Estate: “. . . you have to sell your present home at exactly the right time in order to avoid either the financial burden of […]

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genieSABRE joins Meatless Monday to Improve Personal and Planetary Health

genieSABRE joins Meatless Monday to Improve Personal and Planetary Health

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10 Things to ask your GTA Toronto Realtor

10 Things to ask your GTA Toronto Realtor

Questions to Ask Your Listing Agent

When you’re dealing with the big money involved in selling a house, you need to have complete confidence in the person handling the important details. After all, real estate isn’t your area of expertise, so you want to benefit from the experience and help of a professional. But how can you be sure you’re partnering with the best agent for your needs?

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Banks to End Cashback Down Payments

Banks to End Cashback Down Payments

Cashback down payment mortgages are on the endangered list. One of the biggest remaining lenders with a cashback down payment mortgage is Scotiabank, which announced today that it is terminating its “Free Down Payment” program, effective September 15.

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Home Price Dip In June

Home Price Dip In June

The Canadian Real Estate Association says there were fewer sales of previously owned homes last month, down 1.3 per cent from May and down 4.4 per cent from June 2011.
The national average home price in June was $369,339, down 0.8 per cent from the same month last year.

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Initial Deposit Money in Real Estate Transactions

Initial Deposit Money in Real Estate Transactions

What happens to your Initial Deposit?   Source: Hannif Highclass c/o Genie Sabre Realty Inc. Publish:MY BLOG: Toronto Real Estate: June 16, 2011  Your Money In Trust … A Trust Account … What Should You Expect? Here is a email recently I got from one of my Buyer Clients: “I recently gave personal cheque to […]

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5 Mistakes Buyers Make in a Hot Market

Source: Hannif Highclass c/o Genie Sabre Realty Inc. Publish:MY BLOG: Toronto Real Estate: August 9, 2012 Canada’s Hot Housing Markets The nationwide data is clear: the housing market this summer has been hotter than at any time since the recession: The number of home sales pending rose 9.5 percent year-over-year from June 2011 to June […]

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Toronto Condo Market Shows Signs Of Slowdown

Toronto Condo Market Shows Signs Of Slowdown

The ‘Manhattanization’ of Toronto will change family-housing dreams. Of the 6,005 condos ready for occupancy this year, 63 per cent are studios or one-bedrooms. The average size is 822 square feet. The 9,090 condos slated for completion in the former city of Toronto in 2014 are an average size of 695 square feet; 67 per cent are studios or one-bedroom units, according to a report by Urbanation. The developers in the downtown market are catering their product to investors, who are interested in smaller units that are easier to rent or flip. The larger the unit, the longer it takes to rent out or sell…..more

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Building vs. Buying a New Home

Building vs. Buying a New Home

The Financial Considerations Of Building Source: Hannif Highclass c/o Genie Sabre Realty Inc. Publish:MY BLOG: Toronto Real Estate: May 21, 2011 Building versus buying is a major dilemma in the new home market. The freedom to make decisions about the details of your home and watch it take shape holds undeniable appeal.  But there’s also […]

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Cheap Home Renovations That Pay Off

Remodeling magazine’s “2008-2009 Cost vs. Value Report” confirms that the home renovation projects that will add the most value to your home (meaning that you are most likely to recoup the highest percentage of the project cost when you go to sell your home) are pricey big-ticket items such as replacing siding with fiber-cement ($13,177 with 87% cost recouped) or vinyl ($12,528 with 80% cost recouped) and adding a wood deck ($10,601 with 82% cost recouped).

But if those home renovations are beyond your price point and you’re looking at a budget of just $1,000 what should you invest in to get the most bang for your buck?

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