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Buyer's Market and Seller's Market: What's the Difference?
A Buyer’s Market or A Seller’s MarketWhat’s the difference?As you know, the real estate market is subject to change. Whether its due to a new law passing, a downturn in the economy, or any other reason, the price and supply of homes will be affected as a result. If you are planning to buy or sell you'll want to understand what type of market you find yourself in, so you know how to reach your goals. Starting with some research is always a good first step.Now, you’ve like..
Best Pet Friendly Condos in Toronto
Toronto is a city full of animal lovers! As more Toronto residents choose to live in condos, “pet friendly” is something on many people’s must-have lists when seeking a new home in the city. Buyers and renters are increasingly seeking somewhere that both they and their furry friend can call home. There are many Toronto condos that welcome pets, and there are also more buildings in the works with future four-legged residents in mind. Amenities such as “Pet Spas” an..
Should You Buy a Pre-Construction Toronto Condo?
Should You Buy A Pre-Construction Condo?In Toronto’s sought-after real estate market many buyers choose to get in on new developments early. There are a variety of reasons people choose to buy pre-construction, but is it the right choice for you? These are some things to consider when deciding whether you should buy a pre-construction condo:TIME:Ask yourself: how long are you willing to wait before moving into your new condo? If you are living somewhere you want out of fast, pre-constructio..
What is Kitec Plumbing?
Kitec Plumbing is a very contentious issue for condo buyers and owners. You might have heard about the issue of Kitec Plumbing, but aren't sure about the details. If you own a Toronto condo or are considering buying one, please take a moment to learn more about the problem.Background: Originally an alternative to copper pipes, Kitec plumbing is made from polyethylene and aluminum. It was used in the construction of townhomes and condo apartments between 1995-2007. Problem: It..
What is an Assignment Sale?
Assignment Sales ExplainedYou might have heard about Assignment Sales in regards to pre-construction condos in Toronto. Or, you might be thinking about buying an assignment property.What is an Assignment Sale?An assignment sale is when an intended buyer of a property (The Assignor) sells their purchase rights to a new buyer (The Assignee). They are actually selling their contract with the builder or property owner before they ever take possession. Therefore, they “assign” the..
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