There seems to be a misconception that a “Power of Sale” is sold at a discount price. Whenever there is default in mortgage payments, the lender has the right to recover and safeguard their interest. Both lender and property owners have to follow the Ontario Mortgage Act to protect themselves under the privileges available for both of them. I’ve been asked to find bank sales, b...Read More

Have you noticed that some houses are still been sold in multiple offers, while others are still sitting on the market? With the recent government announcement planning on implementing policies, increased listings and potentially lending changes have slowed the market down. This is a serious problem for people who have purchased a home without any conditions while the market was very hot early i...Read More

Effective April 21, 2017, a 15% tax is imposed on the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe by individuals who are not citizens or permanent residents of Canada or by foreign corporations (foreign entities) or taxable trustees. (Some exceptions apply, refer to Ontario Ministry of Finance website.) This new tax is in addition to Ontar...Read More

Buyer’s Remorse – It’s so easy to get caught up in the momentum when there are numerous agents with their buyers sitting in their cars, or standing in huddles in front of the property. Everyone is anxiously waiting to see if their offer is accepted or not. Their emotions kick in and the buyer really wants to win the competition. Then afterwards the buyer regrets the decision almo...Read More

Sometimes consumers are not fully aware of what they are getting into when purchasing a pre-construction condominium. More often than not, it’s the experts that have failed to give all of the information in great detail. Without educating the consumer they can make a wrong decision that will cost them a lot of stress and money. Here’s a scenario: The buyer decided three weeks before c...Read More

To put it simply…supply and demand. We have the demand and there is little supply. Otherwise known as a “Seller’s Market”. The abundance of Buyers are competing with each other driving the prices ever higher. The largest increases seen are in low-rise home types, including detached, semi-detached and townhouses. 2016 was a record year for new high-rise sales, breaking the...Read More

That’s when construction of Rogers M City Developments’ $1.5 billion, 15 acre, 10 tower project at the corner of Burnhamthorpe Rd and Confederation is slated to start. M City is a new master planned community located in the heart of Mississauga. It begins with the construction of an iconic tower rising 60 storeys, making it the tallest building in Mississauga. Containing 785 condomini...Read More

A successful business is based on two things: 1. Keeping your customers satisfied and 2. Getting new clients These two rules are intertwined. Satisfied customers will return for repeat business as well as provide great testimonials and referrals for potential new clients. My client’s get superior customer service from the moment we meet until conclusion of the transaction. The key goal i...Read More

It’s a good idea to get a pre-approved mortgage before you start looking for a property. A lender will review your finances and figure the amount mortgage you can afford. It’s free and it does not commit you to one single lender. Get it in writing with a fixed interest rate. It will only be good for a specific amount of time. By locking in your rate, you’re protected if interest ...Read More

Well the weather man has predicted that we’re in for a lot of snow this winter! So here are some tips on how to keep the house warm. Install a programmable thermostat. You will notice a difference on your bill and you won’t have to remember to change it every time you come home or leave the house. There are a number of options on the market that you can adjust the temperature with you...Read More