Easy Agent Pro

SEPTEMBER 5, 2023

Carefully consider factors like inventory levels, average sale prices, and average days on the market before making decisions. Are there upcoming developments or infrastructure projects that could impact property values? Once you’ve established a budget, seek pre-approval from a reputable lender.

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Earnest money deposit Seller concession Purchase and sale agreement Pre-approval 78

Toronto Realty Blog

JANUARY 22, 2021

Last week, when our in-house legal counsel told us about a recent ruling with respect to the developers of Museum FLTS , I said this aloud. Let’s rewind… Back in October of 2017, a pre-construction, stupidly-named “Museum FLTS,” was cancelled. Often under my breath, or often to somebody I’m talking to.

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Purchase and sale agreement Pre-approval Development Construction 54

Redfin

AUGUST 21, 2020

Purchasing your first home is a big move. For some, it represents the independence they’ve been striving for, while others see their home purchase as a path to financial security and a way to create a safe haven for their family. . This information is a standard requirement for a real estate agent’s listing agreement.

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Pre-approval Purchase and sale agreement Inspection Title 76

HomeLight

AUGUST 16, 2021

Source: (LinkedIn Sales Solutions / Unsplash). Qualify for this program sponsored by the Department of Housing and Urban Development (HUD) if you are an emergency medical technician, firefighter, K-12 teacher, or law enforcement officer. But if you don’t know how to get one, then you might feel daunted — even discouraged.

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Loans VA loan FHA loan Purchase and sale agreement 99

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 71

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 74

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

MAY 16, 2022

When the government mandated a 20% down payment on properties of a $1,000,000 purchase price or higher, that meant that $800,000 properties shot up to the high-$900’s essentially overnight. Let’s say a developer is building a 100-unit condo. Let’s say the developer is selling these condos for $1,000 per square foot.

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Construction Pre-approval Purchase and sale agreement Development 88

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

Toronto Realty Blog

AUGUST 29, 2022

Announces 3-Day Cooling Period For Home Sales To Reduce Risk To Buyers” July 21st, 2022. per cent of the purchase price, or $250 for every $100,000, for those who back out of a deal, balancing the needs of both buyers and sellers. Here’s an article that ran last month: “B.C.

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Inspection Purchase and sale agreement Pre-approval Finance 78

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 67

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. Purchase contracts aren’t standard legal boilerplate. Decoding the fine print of new-construction paperwork.

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Agents New Construction Purchase and sale agreement Construction 127

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

OCTOBER 27, 2021

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.). If you’re going to be buying the preforeclosure with a mortgage, your purchase agreement is contingent on your ability to secure a loan, so getting preapproved is important.

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Purchase and sale agreement Inspection Homeowner’s association Title 90

HomeLight

MARCH 17, 2021

The planning stage (1 to 3 years before purchase). “If you want to buy a house, you need to have money saved up,” says April Mason , an agent in Corpus Christi , Texas, who has completed 24% more sales than the average agent in her market. Pre-qualification is just an estimate of what size loan you might qualify for.

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Pre-approval Purchase and sale agreement Title Closing 98

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

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

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 92

HomeLight

DECEMBER 13, 2022

When the time comes to move, some tenacious homeowners in Virginia are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in 2021 and 10% in 2022 — choose to list “For Sale By Owner” (or FSBO — pronounced fizz-bow).

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Purchase and sale agreement MLS Agents Sales 88

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

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

HomeLight

OCTOBER 14, 2022

When the time comes to move, some tenacious homeowners in Pennsylvania are eager to take over the reins of their home sale and figure out how to sell a house by owner. With millions of homes sold each year, a modest portion of sellers — about 7% in the last few years — choose to list “For Sale By Owner” or FSBO (pronounced fizz-bow).

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Purchase and sale agreement MLS Seller disclosure Agents 90

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 98

Toronto Realty Blog

MARCH 25, 2022

The organization also criticized the First-Time Home Buyers Incentive program, a shared-equity program launched in September 2019 that offers five per cent toward the down payment for a first-time buyer’s purchase of an existing resale home, or 10 per cent for a newly constructed home. million in February, a 35 per cent year-over-year jump.

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Purchase and sale agreement Construction Pre-approval Development 78

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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Purchase and sale agreement Pre-approval Equity Debt-to-income ratio 101

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