By: Jagdeep Singh

Putting up a Fight

Tags: Land Transfer Tax, Toronto, Budget, Real Estate

REALTORs are at it again. We have rolled up our sleeves yet again, to fight for the home buyers and sellers of Toronto. A few years ago, Toronto Real Estate Board (TREB) and the Ontario Real Estate Association (OREA) were fighting the City of Toronto’s proposal for a 2nd land transfer tax. Politicians did what they normally do, not listen to the residents of their city. They seem to listen o...Read More

By: Jagdeep Singh

Mortgage Insurance Premiums Rising

Tags: Homes in Toronto, Mortgage, Home Prices, Insurance Premiums

As of March 2017, the Canada Mortgage and Housing Corporation (CMCH) will be increasing mortgage insurance premiums. The increase stems from the mortgage rule changes that took place last year. If you are looking to get a new mortgage or looking to buy a home, do so by the end of February 2017. Waiting will only cost you more, and the increase in insurance premiums is just a part of it. ...Read More

By: Jagdeep Singh

Real Estate of a Different Kind

Tags: Canada, Remembrance Day, Veterans, Soldiers

For one reason or another, Canada is viewed as the best place to live in the world. The reasons are different for different people. Some come here for financial prosperity while for others it is a safe haven to escape from persecution. Canada is not just a piece of real estate albiet real estate with peace. Peace that was hard earned. Canada and most of the western countries ar...Read More

By: Jagdeep Singh

Looking to buy a house? There’s a new rule

Tags: Homes in Toronto, Mortgages

As of October 17th, 2016, mortgage requirements will change.   All insured mortgages will go through what is being labeled as a “mortgage stress test.” Mortgages will be tested to ensure that the borrower would still maintain the ability to make payments if the interest rates were as high as posted in the big bank’s 5-year plan.   This rule change only applies...Read More

By: Jagdeep Singh

Summer House Checkups

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Air Conditioner: Inspect the unit to make sure it’s in good working condition. The A/C must be levelled and free from obstruction. Do not fully cover your A/C unit during the winter or it will cause the fins to rust inside. Instead, consider covering it with a piece of plywood and secure it with a rock. Deck: Maintain your deck by ensuring it’s stained or painted on a regula...Read More

By: Jagdeep Singh

Real Estate Prices: Could this be the reason?

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Although it is hard to base everything on one indicator, however Canadian real estate sales are certainly a contributing factor for the strength in our economy and perhaps indicative of consumer confidence.  Take out the gasoline and automobile sales and Canada's retail sector is firing on all engines. See the graphs below.  If the past November numbers are any indication, gasoline...Read More

By: Jagdeep Singh

Market Update on Different Real Estate Segments

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There is a lot going on in real estate in Canada and locally in Toronto and area as well. In this blog, I have tried to cover almost all major segments at a general level. Of course, you have to see how much each of these apply to you. If you are actively thinking of buying or selling in the next 6 months, either for your primary use or for building your real estate portfolio, then ...Read More

By: Jagdeep Singh

7 Real Estate Tips for Special Needs Families

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If you yourself or a loved one doesn’t have any special needs, then you may find this hard to relate to? When I was growing up, my parents taught me to experience the lives of those with special needs. On my days off from school, they would suggest that I tie a piece of cloth over my eyes, or bend one of my legs and tie it up, to experience what it feels like.  The behaviours that indi...Read More

By: Jagdeep Singh

5 Things You Need to Know about Hiring REALTORs

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Buyers and sellers can view properties online, so what value does a REALTOR® really add to a real estate transaction? They're highly skilled negotiators REALTORS® are trained and experienced in negotiation, and their instinct to say the right things at the right time can make your transaction a great success. When it comes to getting a fair price and a good deal, you want a professio...Read More

By: Jagdeep Singh

The Right Way to Buy Real Estate

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"It was delightful meeting you yesterday after a long time. Further to our discussion, here are some of the objectives to consider before buying your next property. These go hand in hand with the REALTOR you choose to work with, as the ability to deliver these objectives is more critical than the objectives themselves." - That is how my email started to my clients.    Just afte...Read More