Selling Your Home in Etobicoke and Wondering Where To Put All Your Stuff?

Selling your home in Etobicoke and wondering where to put all your stuff?

As you’re probably aware, one of the key steps to preparing your home for sale in Etoboke is to get rid of as much clutter as possible. You want to make every room look spacious and comfortable.

But what do you do with the pictures, boxes, clothing, tools, furniture and other stuff you need to take out of your home?

Selling Your Etobicoke Home

For items that you don’t want anymore, you have two options: dispose or donate. You can dispose of items at your local waste depot or recycling centre, (but be sure to call ahead to confirm which items they will accept.) Donations can be made to organizations like Goodwill and The Salvation Army. These organizations are interested in good furniture, clothing, appliances (that work), bikes and other toys (that don’t need repair), and tools.

For items you want to keep, consider renting space at a local self-storage facility. Most offer a variety of storage options from lockers to garages, and typically charge by the month. As for security, most self-storage facilities have fencing, gates that require a passcode, cameras and other security features. You can also lock your own unit.

One of the drawbacks of self-storage is that you have to move your stuff twice – first to the storage unit, and then to your new home. An alternative that’s becoming increasingly popular is a Mobile Storage Unit. The unit is placed in your driveway for a few days while you load it with the items you want stored. Then it’s picked up by the mobile storage company and taken to their warehouse. When you move, the company simply drops the unit off at your new home for unloading.

For more tips and tricks of the trade. Please sign up for a complimentary strategy session with me where you will get the up to date information on the current real estate market and information you won’t find here on the blog!

 

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5 questions to ask before you hire a home inspector

5 Questions to Ask Before You Hire a Home Inspector
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Hiring the right home inspector is important. After all, you want the inspection to leave no stone unturned when determining the condition of the house you are considering purchasing.

Unfortunately, the professionalism and range of services vary widely in the home inspection industry. So it pays to ask the right questions before you choose. Here are a few suggestions:


“What does your inspection cover?”

A home inspector should be able to present you with a detailed list of what is covered in the inspection. Don’t settle for a vague verbal promise like, “We check everything top to bottom.” Get it in writing.

In addition, you should get an assurance that the inspection complies with all Local and State or Provincial regulations.


“What are your qualifications?”

As with most professions, experience counts.You want to check how long the inspector has been in the business, and how many homes like yours he has inspected.

Also ask about his credentials.What professional training programs has he completed? Does he belong to a recognized home inspection association?


“Do you also offer to do home repairs or renovations?”

If he does, it’s a conflict of interest.You want an inspector to give you an unbiased report as to the condition of the house, without any expectation of getting some contracting work on the side.


“How long will the inspection take?”

You’ll want to find out if the inspector takes his time and does a thorough job, or rushes things so he can get as many homes done in a day as possible. On average, a typical single family home should take two to three hours to inspect properly.


“May I contact some references?”

Ask for references from people in the neighborhood you are considering. Then, make sure you call them. Or better yet, ask me for a few referrals. I have a few names of some of the best in the industry!

 

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Toronto and Etobicoke Real Estate Homes Sales for October 2017

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for October 2017?

GTA REALTORS® Release October Stats

Toronto Real Estate Board President Tim Syrianos reported 7,118 residential sales through TREB’s MLS® System in October 2017. This result represented an above-average increase between September and October of almost 12% pointing to stronger fall market conditions. 

On a year-over-year basis, October sales were down compared to 9,715 transactions in September 2016. Total sales reported through the first 10 months of 2017 amounted to 80,198 – down from 99,233 for the same time period in 2016.

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Top 4 Reasons Why You Should Stage Your Etobicoke Home When Selling.

Top 4 reasons to stage your Etobicoke home when selling

Staging a home has become so prevalent in today’s real estate industry. That’s why I thought I should give you my top 4 reasons Why You Should Stage Your Etobicoke Home When Selling. We’ve all watch shows like “Love it or List it” or “Staged to Sell”. There is not an aspect of selling a home that is not staged or enhanced to some degree. But, there are still some sellers who are not on board or particularly sold on the idea of staging their homes? They might be missing out on some real opportunities to enhance the appeal of their home and increase its value. Don’t let this happen to you! Don’t be one of those sellers or you might end up regretting it by selling your home for a lot less money than you were hoping for.

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Toronto and Etobicoke Real Estate Homes Sales for September 2017

Toronto and Etobicoke Real Estate Homes Sales for September 2017
Looking for current information on Toronto and Etobicoke Real Estate Home Sales for September 2017?

GTA REALTORS® Release September Stats

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,379 sales through TREB’s MLS® System in September 2017. This result was down by 35 per cent compared to September 2016.

The number of new listings entered into TREB’s MLS® System amounted to 16,469 in September – up by 9.4 per cent year-over-year.

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Toronto and Etobicoke Real Estate Homes Sales for August 2017

Toronto and Etobicoke Real Estate Home Sales for February 2017

Looking for current information on Toronto and Etobicoke Real Estate Home Sales for August 2017?

GTA REALTORS® Release August Stats

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB’s MLS® System in August 2017. This result was down by 34.8 per cent compared to August 2016.

The number of new listings entered into TREB’s MLS® System, at 11,523, was down by 6.7 per cent year-over-year and was at the lowest level for August since 2010.
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19 Bernice Cres For Sale in Toronto

Beautiful Open Concept Renovation! This House Has Been Gutted From Top To Bottom! Handscraped Bamboo Flrs, Chef’s Gourmet Kitchen With Centre Island & Walkout To Fenced Bkyrd. Generous Flr Plan & Rm Sizes. Reno’d Baths & 2 Pc Mn Flr Powder Rm. Bsmt Apt With Fire Rated Doors, Fire & Sound Insulated Flrs Between Bsmt & Main Flr. All Energy Efficient Windows(2014), 100 Amp Electrical, New Roof(2013), Parking For 2 Cars, Quiet St. Close To Ttc,Parks,Schools,Shops,Hwys,Lambton Golf & Country Club.

Live In & Rent Out, Buy As Investment Or Move Right In!

Include: Stainless Steel Fridge, Stove, B/I Dw, Washer, Dryer, Electric Light Fixtures. Hwt(Owned)

Exclude: Gardenshed, All Window Coverings, Bsmt Dr Light Fixture

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Don’t Sit on the Sidelines

CMHC has reported at the end of July that the downturn in Toronto’s housing market will be short lived.  I agree!  We typically see demand pick back up after Labour Day which could mean prices will start to also pick back up.

Etobicoke Real Estate

If you are a Buyer wanting to purchase a house or move up to a bigger one, don’t sit on the sidelines thinking and waiting to see what everyone else is doing. You need to get into action RIGHT NOW as this is the best time to purchase a house much cheaper compared to the beginning of the year. This is the BEST TIME to MOVE UP! You don’t even have to get into a bidding war to get the house you want at the price you want. 

This is EXACTLY how you make money in real estate when you do the opposite of what everyone else is doing and purchase when there is a lull in the market.  I help my clients move up to larger homes and their dream homes. Let me show you the numbers and the straight facts and you’ll see the investment today will be a lot smaller than you realize.
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Toronto and Etobicoke Real Estate Homes Sales for July 2017

Toronto and Etobicoke Real Estate Home Sales for February 2017

Looking for current information on Toronto and Etobicoke Real Estate Home Sales for July 2017?

Market Continued to Adjust in July

Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 5,921 residential transactions through TREB’s MLS® System in July 2017. This result was down by 40.4% on a year over year basis, led by the detached market segment – both in the City of Toronto and surrounding regions. While sales were down, the number of new listings reported were only slightly (+5.1%) above last year’s level.

“A recent release from the Ontario government confirmed TREB’s own research which found that foreign buyers represented a small proportion of overall home buying activity in the GTA. Clearly, the year-over-year decline we experienced in July had more to do with psychology, with would-be home buyers on the sidelines waiting to see how market conditions evolve,” said Mr. Syrianos.  Continue reading

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How to keep deals alive in tougher times in our Toronto Real Estate Market

 

How to keep deals alive in tougher times in our Toronto Real Estate Market

By Mark Weisleder

buying a home in Etobicokelmost every day I receive calls from buyers who are having a tough time closing their real estate deal. It is a combination of either not being able to sell their existing home for what they expected, to the lender re-appraising the property they bought lower than what they paid, resulting in a lower mortgage being approved. Either way, the deal cannot close without further negotiations. Here are XX things to remember, whether you are a buyer or a seller.

  1. No situation is the same so there are no automatic solutions

No two buyers are in the same position, as are no two sellers. Sellers who need the money from their sale to close a purchase may not have the same leverage on the buyer who cannot close as a seller who is not buying right away, or who has already purchased with bridge financing. Similarly, when your buyer is a first time buyer with little down payment, a seller’s chances of recovering major damages in a lawsuit are far more remote as when the buyer has assets, including an existing home with lots of equity. You need to understand exactly where you stand before deciding what course of action you want to take

  1. Whenever possible, keep the deal alive

In my experience, keeping a deal alive, no matter what the cost, is still better than cancelling and going to court. It has always been my experience that whenever deals break down and end up in court, only the lawyers win. People just don’t appreciate the time, costs and stress of a real estate lawsuit. It is brutal on everyone, except the lawyers, who always get paid in advance.

  1. Forget about blaming your real estate agent

When deal go bad, it is easy to try and blame your real estate agent for your misfortune. In my experience, this is rarely the case. It is not the agent’s fault a buyer put in an offer without any conditions during the crazy bidding wars we witnessed just a few months ago and now cannot close. In addition, buyers and sellers must remember that while they have to pay for their lawyers, up front, in any lawsuit, the real estate agent has virtually all of their legal fees paid for, through their insurance. This is also important for real estate agents to remember whenever a client threatens to sue you as a result of their troubles. They are just trying to bully you. Once they see the costs of litigation, they almost always back down.

  1. Remember what to ask for in an extension

If you are going to agree to keep a deal alive by extending it, sellers should try and ask for 2 main terms of any extension. The first is an additional deposit, usually non-refundable, to be paid to the seller immediately and to be credited to the purchase price on closing. This is not a penalty but the seller will be able to use these funds to help pay for unanticipated costs they incur as a result of the extension. Also ask for interest on the balance due on closing, at anywhere from 3-7%. This compensates the seller for not having the use of their closing balance during the extension period and helps pay extra interest the seller may be paying on their own mortgage.

  1. Get lawyers involved early in the process

Sometimes you will have no choice but to put the home back on the market, to try and reduce everyone’s losses, without agreeing to a mutual release. This involves a more complicated agreement, as the parties will not want to place any conditions on the listing, such as the deal being subject to a release of a prior agreement, as this may scare away some of the few buyers in this tougher market.  This is why you need a lawyer to assist who not only understands the legal process, but also understands the MLS listing and selling process.

Anyone can close a real estate deal. When it gets tough, you need someone in your corner who can get the deal done. With my partners at realestatelawyers.ca LLP, I am delighted to offer real estate closing services all across Ontario, through our 32 offices and mobile sign-up services. If you have any questions about a real estate closing, please do not hesitate to contact me at [email protected] or toll free at 1-888-876-5529.

Mark Weisleder is a Partner, author and speaker at the law firm Real Estate Lawyers.ca LLP. Contact him at [email protected] or toll free at 1-888-876-5529

 

 

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