Toronto Realty Blog

FEBRUARY 24, 2021

More to the point is that this payment plan has two payees: 1) The lender, to the tune of about $1,570 per month. 2) The borrower himself, to the tune of about $2,620 per month. Because I was buying a 5-year payment plan, and the monthly liability was easy to service. Now, has that person “bought a house?”

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Mortgages Fixed-rate mortgage Finance Equity 90

Toronto Realty Blog

SEPTEMBER 19, 2022

I’ve been writing about the perils of the pre-construction industry since the late-2000’s, so while I don’t want to regurgitate everything I’ve ever written or said, I do realize that there are a lot of newer readers on Toronto Realty Blog, many of whom have never even heard my opinions on this subject. That was it.

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Construction Industrial Purchase and sale agreement Pre-approval 74

Toronto Realty Blog

JUNE 7, 2023

“David must be having a slow month,” you’re assuming. “He’s probably got some meth lab coming up for sale and he’s just trying to grease the…… tray.” Then magically, at 5:30pm, there are eight offers registered in a half-hour window. At 5:45pm, it was only them.

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Development Agents Pre-approval As-is 67

Toronto Realty Blog

DECEMBER 4, 2023

In fact, we’ve always needed one… It’s been eight years – June 10th, 2015, to be exact, since I wrote a blog post here on TRB called “The Blame Game” Eight years ago, I offered the following culprits that could be responsible for high housing prices. appeared first on Toronto Realty Blog.

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Investor Construction Equity Finance 68

Toronto Realty Blog

NOVEMBER 26, 2021

” But if you recall my blog post, I didn’t take issue with the fact that the Toronto Star seems to believe that Realtors shouldn’t be allowed to invest in real estate, but rather that they’re seeking to blame Realtors, at least in part, for increasing the price of real estate, instead of investigating actual causes.

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Investor Banks Development Construction 87

HomeLight

NOVEMBER 10, 2021

Disclaimer: Information in this blog post is meant to be used for educational purposes only and provide a high level overview of some of the top iBuyer programs. Our platform enables you to sell your home as quickly as 10 days rather than what can be weeks or months. Service fee: Between 5% and 13% of your home sale price.

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Home sale contingency Sales Closing Short sale 108

HomeLight

DECEMBER 2, 2022

The company has a 5-star average rating from more than 50 reviews on Google. With Simple Sale, you can get an all-cash offer within five days and sell your home in as little as 10 days, skipping the months it can take to sell the traditional way. Reviews: FL Cash Home Buyers has been BBB accredited A+ since 2015.

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Purchase and sale agreement Closing costs Closing Investor 92

Norada Real Estate

FEBRUARY 2, 2023

5) Do you manage any other properties in my neighborhood? For example, Active Renter is a member of the Phoenix Association of Realtors and our CEO is the 2015 Membership Chair for the Phoenix Chapter of NARPM. At Active Renter, we guarantee tenants for 6 months. Find a manager that can grow with you. How’s that for a perk?

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Property Management As-is Inspection Investor 97

Calculated Risk Real Estate

NOVEMBER 8, 2023

And I track inventory and sales for 40+ local markets each month. I disagreed, and the steady level of inventory helped (see orange arrow above): Bill McBride, who runs the Calculated Risk blog and also called the crash, doesn’t think home prices are inflated this time around. months in September 2023.

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Lending Sales Construction Mortgages 122

Toronto Realty Blog

MARCH 4, 2024

I wanted to call this blog “Monday Morning Quarterback: Hate To Say I Told You So,” but it seems I’ve done that bit before… January 22nd, 2021: “The Friday Rant: Hate To Say I Told You So!” perhaps Billy Joe Armstrong’s best-known work could lend a title to today’s blog. Good Riddance.

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Equity Purchase and sale agreement Mortgages Lending 85

HomeLight

OCTOBER 20, 2020

The mansion drew attention as a notorious haunted attraction on the local murder mystery house tour, and Curbed dubbed it “ LA’s most famous and mysterious murder house ” in 2015. According to NJ Admin Code 11:5-6.4, But it’s not something that I would write on the MLS—’5 people have died in this home.’”. New Jersey.

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Marketing Agents As-is Probate sale 109

GeekEstate

DECEMBER 22, 2020

Two startups launched in the past eighteen months have seen early success. What the hell happened in 2015?! How many of them would spend a few weeks on a renovation without posting at least 5-10 pictures? The two leading home renovation startups have raised over $30 million combined in the last 20 months from top investors.

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Renovation Construction Staging Design 91

Toronto Realty Blog

MARCH 29, 2021

How about some headlines from this past month? But here’s an actual person, commenting on Garth Turner’s blog post, detailing his patience as it pertains to the “bubble burst.” Not unlike this guy: This book was released on March 21st, 2015. Everywhere I look, I’m reading about the crash.

Marketing 126

Marketing Banks As-is Finance 126

Toronto Realty Blog

MARCH 1, 2023

As you’ll see in today’s blog, many of the reasons for cancelations are often rooted in the same problems that caused delays, but some are extensions, and some are completely different reasons altogether. After a month of carrying units unsold, with few showings and zero interest, they decided to raise their prices.

Construction 72

Construction Bankruptcy Pre-approval Purchase and sale agreement 72

Toronto Realty Blog

DECEMBER 15, 2021

Growing from age one to age two represents a fifty percent increase in their time on earth, but it’s merely another twelve months for you. And with each of these topics, I could pick one and literally tell you how my senses felt… 2015: Urbancorp “stealing” their condos back. Intimately. 3) The Rental Market.

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As-is Marketing Title Agents 96

Toronto Realty Blog

FEBRUARY 27, 2023

TorontoRealtyBlog Thanks to the readers for suggesting blog topics before the long weekend! As you saw in Tuesday’s blog post, I took one such suggestion to heart. I started blogging (ranting?) about the pre-construction condo industry just as soon as this blog was launched back in 2007.

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Construction Pre-approval Purchase and sale agreement Development 71

Toronto Realty Blog

JANUARY 25, 2021

Average or median prices can change a lot from one month to the next and paint an inaccurate or even unhelpful picture of price values and trends. Each month, the MLS HPI uses more than 15 years of MLS System data and sophisticated statistical models to define a “typical” home based on the features of homes that have been bought and sold.

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MLS As-is Sales Marketing 94

Toronto Realty Blog

DECEMBER 16, 2020

Not only are my fingers tired from writing Monday’s blog, but also from hand-writing three-hundred Christmas cards! Top Five: Real Estate Stories of 2016 : 5) New Mortgage Regulations. Top Five: Real Estate Stories of 2016 : 5) New Mortgage Regulations. Top Five: Real Estate Stories of 2017 : 5) International Real Estate.

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Purchase and sale agreement As-is Marketing Banks 83

Easy Agent Pro

FEBRUARY 9, 2021

Let’s face it…blogging is a great way to get more real estate leads. There are so many real estate blog ideas… Today, I’m going to show you examples of the most popular real estate blogs on the web and how to use those successful posts to get more real estate blog ideas. But where should you begin?

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Title Renovation Mortgages Agents 105

Toronto Realty Blog

APRIL 5, 2021

A reader emailed admin@torontorealtyblog.com and said, “Whaa no blog today?” ” True, I never post blogs on holidays. million in February, after leaping $205,000 in 12 months, he was now determined to leave behind two houses, one for each of his children. 5) Passed-in. And how was your long weekend?

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Agents Inspection Title As-is 83

Toronto Realty Blog

JANUARY 6, 2021

Last month, in my “Top Ten: Real Estate Stories of 2020,” I reckoned that the #2 story of the entire year was the condo market. Instead of a 5% decline in value being compared to an 11.4% increase in value, we see a smaller 3.0% .” That’s my prediction. A rough ride. November, 2020: $640,208 -3.0%.

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Fixed-rate mortgage Banks Lending Mortgages 119

Toronto Realty Blog

SEPTEMBER 14, 2020

In November of 2015, the clients put the property back on the market at $399,900. It was 2015, and this was the market at the time. Clients A owned the property for 4 years, 4 months, and made a 20.1% Clients B owned the property for 3 years, 11 months, and made a 65.0% – 5) What’s the competitive advantage?

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Marketing Staging Brokerage MLS 53

Toronto Realty Blog

JULY 18, 2022

Not fifty basis points like they did previously, not seventy-five basis points like they teased that they ‘might’ last month, but rather a full one-hundred basis points, the likes of which many of us have never seen. More than half of the components that make up the CPI are now rising by more than 5%. Full point!!!

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Banks Lending Land As-is 95

HomeLight

SEPTEMBER 27, 2022

DISCLAIMER: This blog post is meant to be used for educational purposes only, not legal or financial advice. Be prepared for the process to take time, especially if the property has to go through probate , which can add months to your schedule. Texas repealed its inheritance tax in 2015.) Understand timelines.

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Purchase and sale agreement Title Agents Sales 89

HomeLight

MARCH 21, 2022

Data from zavvie shows that service fees for iBuyers in late 2021 were 5.8%, which is “not out of line” with the typical 5%-6% real estate agent’s commission. With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it takes to sell the traditional way.

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Closing costs Home sale contingency Investor Closing 103

Toronto Realty Blog

AUGUST 16, 2021

In 2015, Hillard Macbeth published this book: He too likely sold a lot of books with that title. To $60,000, to $70,000, and within three or four months, to $100,000. They had doubled in value inside of mere months! The owner of this card sold it at auction a mere seven months later on December 21st, 2020, for $208,100.

Sales 97

Sales As-is Title Marketing 97

RIS Media

APRIL 7, 2022

Founded in 2009 by entrepreneur Glenn Sanford and going public in 2015, eXp has rejected several preconceptions of the real estate industry—most notably, the need for any sort of physical office where agents work and meet clients. That $85 a month was really a big plus for me.”. The company.

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Brokerage Agents Industrial Technology 98

Toronto Realty Blog

AUGUST 3, 2021

Passing off that porcelain shower as “Marble” on the MLS listing simply because it looked to be marble when you were there two months ago is NOT okay. – 5) Not disclosing rental items. per month, and his clients’ initials. ” Closing was two months away, and for two months, he kept threatening me.

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Purchase and sale agreement MLS Agents Brokerage 98

Toronto Realty Blog

FEBRUARY 16, 2021

And when they list a property for sale, they have no idea how the market may have changed from last week, last month, or even last year. Here’s a story that’s a bit of a tangent… Years ago, probably back in 2015, a colleague of mine had a condo listing early in the year, but she really hadn’t been active for months.

MLS 95

MLS Agents Brokerage As-is 95

HomeLight

AUGUST 31, 2021

Disclaimer: Information in this blog post is meant to be used for educational purposes only, not as a substitute for legal advice. As of October 3, 2015, the Closing Disclosure has replaced the HUD-1 Settlement Statement and Truth-in-Lending Statement, combining them into one document. Prepaid Interest. Credit Report Fee. Signing Fee.

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Earnest money deposit Title Closing Loans 104

Marco Santarelli

AUGUST 4, 2020

However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. Just like the previous month, closed sales were up by 22.2 in home values over the next 12-months. months of supply, down from 3.8 months last March.

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Marketing Investor Sales As-is 141

Toronto Realty Blog

FEBRUARY 18, 2021

The last sale for a comparable-sized unit was one month ago: For those playing along at home, $592,500, for 654 square feet, is $906 per square foot. You can read the 2015 Toronto Star article about this HERE. 5) Layouts and smart-design. ” appeared first on Toronto Realty Blog. But wait!

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Branding Construction Design As-is 108

Toronto Realty Blog

FEBRUARY 28, 2022

I had planned a blog about interest rates for a couple of weeks now, but with the conflict in Ukraine, I can’t imagine that whatever was planned by the Bank of Canada and the U.S. That’s about 50 basis points higher than markets were expecting just a month ago. when there are tanks rolling through Kiev? Life must go on, right?

Banks 77

Banks Lending As-is Marketing 77

HomeLight

APRIL 29, 2022

HomeLight’s transaction data shows the top 5% of agents across the U.S. Cash offers are typically three times more likely to win and can get you a 5% savings, on average, versus offers with a financing contingency. Redfin charges a convenience fee of 5%-13% for this service. Speed and convenience. Flexibility.

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Agents MLS Closing Home sale contingency 100

GeekEstate

JANUARY 3, 2022

Exit from Katerradise: This startup had been contech’s beacon of hope since its founding in 2015. They’ll tack on 100 basis points in a month. The post Looking Back on 2021 appeared first on GeekEstate Blog. However, bankruptcy filings showing $1.29 billion owed is a stark reminder of the pace of change.

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Industrial Bankruptcy Development MLS 116

Real Trends

MAY 30, 2023

A notable example can be found in the Bay Area, where according to RealTrends, there were 14 teams with 5 agents or less that generated over $300 million in sales in 2021 (2022 RealTrends The Thousand). When OpenAI released ChatGPT, it became the fastest growing product of all time in its first two months, amassing over 100 million users.

Technology 68

Technology Design Residential Commercial 68

Marco Santarelli

JANUARY 3, 2021

There is no doubt that rental property investment can be a great way for beginners to generate positive cash flow every month. All that you need to see is your ROI flowing into your bank account each month. You can subscribe to real estate blogs, which can be an amazing source of free information. You cannot fly solo.

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Investor Property Management As-is Equity 106