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RE/MAX HALLMARK REALTY LTD., BROKERAGE
1+1 Bed / 1 Bath
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Downtown Toronto Lifestyle and Market News
Choosing The Right Professional Agent Is Not Easy
The Toronto Real Estate Board now has well over 50,000 licensed Realtors registered to work in the GTA area. Of those, 78% sell less than 6 homes per year and almost 50% don’t even sell 3 homes annually. Many of those agents are working at a full-time job for their income and try to do their real estate business on the side, part...
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So How Do Real Estate Agents Get Paid?
Although most likely you’ll have a listing agent representing you and a buyer agent who brings in the successful offer, the payment of the total commissions falls to the seller. Don’t think that the buyer is getting away with a big win however. The seller pays minimal closing costs while the buyer will have to pay, among ot...
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Confidence Is Returning… Slowly
In June sales were up 10.4% compared to last year with 8,860 houses and condominiums changing hands in all the districts. Condo townhouse and high-rise suites took a lower 32% share of the market with 2,832 units being sold which is very slightly down from 2018. The June average sale price for all GTA homes came in at $832,703 –...
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Real Estate Relocation Guide: 7 Steps to a Seamless Move
Whatever your reasons are for relocating to a new area, the process can feel overwhelming. Whether you’re moving across across town or across the country, you’ll be changing more than your address. Besides a new home, you may also be searching for new jobs, schools, doctors, restaurants, stores, service providers and more. Of co...
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How To 'Cheat' On Your Mortgage
Typically, when a person talks to their banker about mortgages, most often the discussion revolves around having a standard monthly payment with an amortization of 25 years. For a $400,000 mortgage at a 2.5% interest rate, that would mean your mortgage would be paid off in full by the end of the 25th year! However, it also means that you wou...
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You Absolutely Positively Need To Know What These Mean
YOU ABSOLUTELY, POSITIVELY NEED TO KNOW WHAT THESE MEAN As you get into learning the best ways to buy a home in today’s busy market, you’ll need to familiarize yourself with the terms of the business so that you will be speaking the same “language” as the real estate and mortgage financing professionals in th...
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Who Represents You In A Real Estate Transaction?
Understanding what type of relationship you have with your Realtor, and the brokerage he or she works for, will help you understand how the negotiation process works when you’re selling a home. When an agent is working on your behalf, an agency relationship is created. Typically, in Toronto we see three types of agency… &...
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Protect Yourself From Mortgage Rate Increases For A Full 3 Months!
Avoid Paying More Interest In A Rising Market… Lock In Today’s Low 5-Year Mortgage Rate Regardless Of What Happens In The Next 90 Days! If you wait to fix or lock in a mortgage rate until just before you buy, you may end up spending thousands more in interest over the life of your mortgage. Most people are not use...
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Is Our Market At A Turning-Point?
In May we had big time sales compared to last year with 9,989 houses and condominiums changing hands in all the districts. Although the second lowest number since 2013, these numbers are up 29% over 2018. Condo townhouse and high-rise suites took a lower 32.9% share of the market with 3,285 units being sold. The May average sale...
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Serious About Selling? 5 Steps to Make Your Home the Best on the Block
We all want to be good neighbours. But when it comes to selling your home, it’s not just about “keeping up with the Joneses.” It’s about outshining them at every opportunity! If you’re looking to sell your home fast and for the most money possible, you’ll need a strategy to set it apart from all the other ...
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