Toronto Realty Blog

NOVEMBER 10, 2023

TorontoRealtyBlog When I think of amortization periods, there are two numbers that immediately come to mind. Well, because the most common amortization period is twenty-five years, and it’s effectively the “default” period for most borrowers. The first is 25. The second is 40. Why those two numbers?

Mortgages 77

Mortgages Principal Banks Loans 77

Toronto Realty Blog

FEBRUARY 12, 2024

While some recent commenters here on Toronto Realty Blog might suggest that, whether it need to directly pertain to real estate, or not, it might be me who is the greatest hype man of all time. In March, he will turn sixty-five years old, but I’m sure he could still hype up a crowd like it’s 1985. I can’t believe it.

Principal 87

Principal Investor As-is Marketing 87

Toronto Realty Blog

JUNE 21, 2021

When it comes to monthly TRREB data, there’s always a stat or two that might not entirely line up with what I had experienced in the previous month, but for a major statistically-backed trend to come as a surprise is quite rare. Before I present you with the statistics, let me say this: stats like this are always delayed by 1-2 years.

Pre-approval 105

Pre-approval Construction MLS As-is 105

Toronto Realty Blog

JUNE 3, 2022

I was reflecting on these closings when I happened to read an article in the Toronto Star by the RECO registrar, Joe Richer. So, it is understandable that having a well-landscaped garden with mature plants and trees on a property can be very appealing and a strong motivating factor when it comes to buying a home. See what I mean?

Closing 81

Closing Purchase and sale agreement Sales As-is 81

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.

Equity 85

Equity Purchase and sale agreement Mortgages Lending 85

Toronto Realty Blog

DECEMBER 12, 2022

That’s usually the sign that you and your colleagues are ready to pack it in for the year. That was the latest I’ve been out in years, which says something, for a guy that doesn’t like going “out.” It was a long, long year! Not blogging is simply not an option. That’s just how it goes.

Pre-approval 80

Pre-approval Construction Development As-is 80

Toronto Realty Blog

JUNE 23, 2021

We’ve seen the market slow down over the past three weeks as the red-hot first five months of the year closed out, and we now find ourselves in that transition period after May-24 weekend and July, where the spring market is just concluding before the summer market begins. We’ve worked with end-users and investors.

As-is 90

As-is Marketing Closing Investor 90