Toronto Realty Blog

FEBRUARY 27, 2023

Thank you for taking us back to that place that we all thought we had left for good: pre-construction. about the pre-construction condo industry just as soon as this blog was launched back in 2007. Pre-construction “experts.” Blog reader Densha asked about pre-construction condo delays and it’s a good topic.

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Construction Pre-approval Purchase and sale agreement Development 70

Toronto Realty Blog

MARCH 1, 2023

These are in no particular order, other than what I think of when I really question why a condominium project might be canceled in Toronto… – 1) Zoning and approval. I see the failed 2007 development called “Giraffe Condos.” Some are anti-development and others are all for it. I see a leopard.

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Construction Bankruptcy Pre-approval Purchase and sale agreement 72

The Close

DECEMBER 15, 2023

It isn’t easy, but if you develop the skills needed to work with investors, you could position yourself to close 50 deals a year or more. Create a full investment profile and pre-approval mortgage application so you understand your client’s financial position and real estate investment goals.

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Investor Marketing Purchase and sale agreement Agents 68

HomeLight

SEPTEMBER 15, 2021

Even if you’re listing your home without a Realtor’s® help, you’ll still need to gather the necessary paperwork for the sale and fill it out correctly. We hope it helps illuminate this tricky part of the sale, while giving you an honest idea of just how complex real estate transactions can be! Original sale contract.

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Purchase and sale agreement Inspection Title Pre-approval 113

Toronto Realty Blog

AUGUST 29, 2022

Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022. From the article: British Columbia has announced a mandatory three-day period to allow homebuyers time to arrange an inspection and take other important steps like securing financing in the province’s high-pressure real estate market.

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Inspection Purchase and sale agreement Pre-approval Finance 78

Toronto Realty Blog

SEPTEMBER 23, 2022

But then as I started to write, started to research, and began to accumulate articles from the last decade about shady developers and condominium cancellations, I realized this topic necessitated a two-part blog. Condominium cancellations were rampant in the pre-construction industry and people were starting to get pissed.

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Construction Purchase and sale agreement Industrial Development 59

HomeLight

MARCH 16, 2023

Do you need to connect with cash home buyers in Houston for a fast sale? Whatever your reason for needing a quick sale without making expensive repairs, Houston is teeming with cash home buyers ready to make you an offer no matter your home’s condition. Need to Sell Your House Fast in Houston? No showings, no repairs, no open houses.

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Sales Purchase and sale agreement Earnest money deposit Investor 66

HomeLight

AUGUST 31, 2021

We talked to agents, builders, and other top industry experts to develop this guide that’ll help you make the most out of working with an agent on your new-home purchase and to find out what they can do for you. Assistance finding the best financing for you. Purchase contracts aren’t standard legal boilerplate.

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Agents New Construction Purchase and sale agreement Construction 127

HomeLight

OCTOBER 27, 2021

Whereas with a preforeclosure, you have the ability to finance that transaction and the benefit of seeing the property. In fact, the homeowner might even have a plan to catch up on the mortgage, and in the end, the home won’t end up in any kind of sale.). Typically, earnest money comes in between 1% and 3% of the purchase price.

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Purchase and sale agreement Inspection Homeowner’s association Title 87

Toronto Realty Blog

FEBRUARY 16, 2022

Do you think that if and when a development enters their world, that they don’t like, that they will not reach out to city councilors? ” The idea of “pre-approved, qualified, third-party technical consultants” has me cringing. And what is the city councilor going to do? ” 16.

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Pre-approval Land lease Development Land 72

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). If you decide buying is a good financial move for you, it’s time to dig into your finances. Pre-qualification is just an estimate of what size loan you might qualify for. The shopping stage (1 to 6 months before purchase). Source: (Shopify Partners / Burst).

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Pre-approval Purchase and sale agreement Title Closing 98

Marco Santarelli

AUGUST 17, 2020

® offers a comprehensive list of for-sale properties, as well as the information and tools to make informed real estate decisions. For example, it provides a quick snapshot of local markets like the median sale price and average price per square foot so you can estimate what a house is worth on the market in good condition. Realtor.com®

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Purchase and sale agreement Investor Land MLS 115

Toronto Realty Blog

DECEMBER 14, 2022

Tomlinson exposed multiple instances of bad practices in the Vancouver real estate market, including the now-infamous “assignment” of existing agreements, in this column: “The Real Estate Technique Fuelling Vancouver’s Housing Market”. October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?”

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Development Purchase and sale agreement As-is Marketing 81

Toronto Realty Blog

MAY 26, 2022

I would say that 7/10 of them are hearing me and in agreement…” She laughed. Of course, I looked up the history of the home and saw that he purchased it in 2009 for $752,000, and offered, “You know, you’re doing pretty well here, all things considered.” in developing countries. She understood.

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Fixed-rate mortgage Purchase and sale agreement Banks Mortgages 91

Toronto Realty Blog

NOVEMBER 3, 2021

In that 2019 blog post, I explained what happens when a buyer, after signing a firm agreement of purchase and sale, doesn’t show up with the deposit the next day. The buyer of the house was an agent purchasing for her own family. This sale was signed, sealed, and delivered, so to speak.

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Purchase and sale agreement Closing Backup offer Agents 96

Marco Santarelli

AUGUST 18, 2020

In June, the pending sales of single-family homes jumped 43.6 percent from 1,187 homes put under agreement in May, and condo pending sales climbed and even more impressive 51.7 percent from 782 units placed under agreement in May, according to GBAR. The median sale price was $679K. year-over-year.

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Marketing Purchase and sale agreement Investor Sales 124

The Close

DECEMBER 29, 2022

This tool, also known as a like-kind exchange, allows investors to defer paying capital gains taxes on a sale. ” If a property is active contingent, a buyer has submitted an offer to purchase a property, but the sale won’t be finalized until certain conditions, or contingencies, are met. Active contingent. Call option.

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Purchase and sale agreement Title Proof of funds Pre-approval 97

HomeLight

MAY 26, 2021

You’ve finally decided to purchase your first home and you have your sights set on a place in the city! You can purchase or sell shares at any price in the market, and you build equity (or make money off a sale) just like a normal transaction with a condo or single-family home. Source: (LinkedIn Sales Solutions / Unsplash).

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Toronto Realty Blog

SEPTEMBER 22, 2022

I remember attending a condo “launch” some time around 2007 or 2008, and the project was only the second or third by this developer, so they were still working out the kinks in their systems and processes. Instead, it was a blueprint for how developers could take advantage of unsuspecting consumers. And by whom?

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Industrial Pre-approval Purchase and sale agreement Development 99