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Market Watch Updates Toronto Real Estate Are you interested in the resale statistics for Toronto Real Estate by neighbourhood and housing types. Sign up to get the Market Watch Emailed to you monthly when published...

Interim closing Your Lawyer is the best source of information because [they] should have the contracts; Interim closing or occupancy date; you now start paying occupancy rent at the rate stablished in your purchase and sale agreement. Occupancy date is triggered by an occupancy permit...

Parking Spot Would there be a difference in opportunity or value if the parking spot was assigned vs owned? Owned is deeded to you where as the assigned is part of the common elements.

Financial Tracking and Reporting Act FINTRAC Agent's today have been handed a package to complete with all all clients they come in contact with. When you sign a Buyers Agency Agreement When you sign a Listing for Sale When any deposit are received. When a property is sold or purchased...

Welcome to Toronto The Toronto Real Estate Board posts neighbourhood history and areas of interest, descriptions etc; http://www.torontorealestateboard.com/about_TO/Neighbourhood/index.html If you have specific questions PM me. Cheers

Is it a good buy? Your agent can provide details of what units have sold in that building in the last 3 - 6 months to ensure that you are getting the best value for your purchasing dollar. The final decision about price is yours as Buyers ultimately determine the selling price. If you are...

Buyers Agency Buyers Agency Agreements can be signed for a single day, a single house or for a specified durstion of your home search. I have had in my (IMHO) people who have searched for years for the right home on the right street etc etc. It is a mutually agreed period of time for the...

The law is the law "at the earliest practical opportunity an agent shall discuss agency, dual agency and buyers agency" Give a brochure describing same and have you acknowledge receiving it. Present you with Buyers agency documentation. either for that tour or those properties...

Bank pos status certificate IMHO Banks don't pay anything unless they absolutely have to; The lawyer for the purchaser needs to obtain a status for the purpose of closing.( so that the purchaser itsn't assuming any arrears at the time of purchase) Your agreement may state simply vendor will...

Kingswood on Bloor 3391 Bloor St This building was registered last week. There are already units appearing for resale.

Release and preview pricing included. http://www.eleganthomesinwesttoronto.com/siteobjects/soeditor/lite/docs/TridelParcNuvorealtor.pdf Received May 20.08 Updated June 20.08 courtesy of Tridel webmaster

Condo status A condo corporation is formed upon registration. It has rules and bylaws and a proposed operating budget. The developer/builder is usually the Board of Directors of that board till the owner occupants form their own Board of Directors. Sweet hearts deals are for commitments...

A status certificate provides; Financial snapshot of the buildings operations and expenditures, future financials (commitments for next 5 years) Discloses any "sweetheart' deals that the Developer may have inserted. report of condo fees paid up to date of [status date] or arrears that need to...

Buying Past the suburbs into the 519 and 705 Mississauga is a stronger and growing community. Avoids the Miller Tax and continues to sell briskly with an ever increasing population. Having said that, I placed a family in Orangeville who wanted the "community" of a smaller center. I...

on June 23rd 2008 The financial Tracking and Reporting Laws Come into effect. They require Disclosure to the Government of any Large Cash Deposits. Requirements to Take copies of photo ID and Passports. No one seems to be talking about this... but its a huge issue. I summarized the...

Buyers Agent Should discuss with you, the purchase strategy. Should provide/show you details for units that have sold. Ask for references? How many times has their licence been renewed? Look over their shoulder on their laptop, see the other screen in their office? Will show you all units...

The sky is falling debate While I have also seen a few builders with "Price reductions" They appear to be a roll back of previous increases. (IMHO) Observer Walt I appreciate your sage wisdom I am surprised no one posted a Marketwatch from Treb I have one available at my website that...

Please consult a real estate lawyer re; GST Transition. LTT issues aside, Tarion Home warranty is Payable a second time by the owner occupant even if they did not occupy. What happens if the Builder extends the closing dates? Is your contract a firm date? Typical Occupancy Date is 4 - 6...

Basement apartments Many basement do not conform to the fire standards, exits, wiring and plumbing that is required for additional occupants in a house. A history of the grand fathering confusion is available here...

First Time Buyer Your title says it all. Relax, we tend to over think the situation. 1) You need a place to live 2) Toronto GTA is a destination 3) Prices are fluid. They change based on demand. 4) Unemployment is down I believe under 6 % 5) Mississauga and Milton are thriving...