Toronto Real Estate Podcast with Michael Duggal

How good of an investment are condos in the greater Toronto area? It depends on the area and the condo itself, among a few other major factors.If you're thinking about selling in the near future, you want to see whether the condo is appreciating in value. Contact your agent and find out if values in the area have increased during the last three to five years. The buildings behind me in the video above, for example, are great condos that have gone up in value over the last couple years

Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale As a buyer, there are a few costs you should expect to pay at closing: Land transfer tax: When you buy a property, you are expected to pay a one-time tax, similar to paying the fee for a lawyer, and the cost of the tax is based on the purchase price of the property. Fortunately, first-time home buyers do get a deduction on the cost. Lawyer’s fee: This will cost you about $1,500, and that goes to

Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale Lots of homeowners make the same big mistakes when selling their home. Pricing the property too high. This causes other homes in the area to sell, because odds are if a buyer sees two properties in the same area but one is priced much lower, they'll go for that property. Even if you reduce your price down the road, the home becomes less attractive to buyers, and they perceive it as having less

Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale The market in the Greater Toronto Area is competitive right now, and you may encounter some trouble when you’re putting in an offer on a home. Today I have a few different suggestions for how you can improve your offer and get it to the top of the seller’s list. Make sure you’re working with a professional, full-time real estate agent. You need someone to handle all of the paperwork, negotiate the

Want to sell your home? Get a FREE home value reportWant to buy a home? Search all homes for sale A comparative market analysis is a method that Realtors use to find an accurate price for your home. It’s a massive amount of research, and each Realtor does it a little bit differently. Most often your property is compared to a group of similar properties that have sold in the last 3-6 months, properties that are still on the market, and pending properties. “ A CMA will place an accurate

Want to sell your home?Get a FREE home value report Want to buy a home?Search all homes for sale Today I have a Toronto real estate market update for you. A lot of people want to know how the market is performing as we are heading into the busy buying and selling season this spring and summer. So, what have we seen and what can you expect? Interest rates are right around 2.5%, so these are phenomenal rates and that’s why we have so many buyers out actively looking for homes to purchase