Home Buying Selling

Banks Are Approving Buyers, But Not Houses

Banks Are Approving Buyers, But Not Houses

This past month I had two deals where my clients, the buyers, were approved with the banks. Then the houses were turned down.

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Picking the Right Mortgage Broker

Picking the Right Mortgage Broker

About half the deals that I do are with a mortgage broker that I recommend. The other half is a toss-up. Meaning I never know who I am going to get to work with. Yes, work with. A lot of ...

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Guest Post: Did you know Airbnb can be risky business?

Guest Post: Did you know Airbnb can be risky business?

Thinking of Airbnbing your condo? Maybe you're already making extra money hosting guests for a few weekends.

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How Declaring Everything You Know About Your Property Protects You

How Declaring Everything You Know About Your Property Protects You

Let's talk about the 'Declarations of the Seller of the Immovable'. This is a mandatory form that a Seller must fill out along with a brokerage contract in order to have their house listed on Centris.ca. 

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First Time Home Buyer 101

First Time Home Buyer 101

Buying your first home is such an exciting event in your life! It's a reflection of how far you've come and it's the biggest investment you can make in your future. Just the thought of walking into your very own ...

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Financial Secrets – How much do you disclose to your broker?

Financial Secrets – How much do you disclose to your broker?

It always surprises me when I’m dealing with a newer client and I ask them if they’ve been to the bank or have talked to a mortgage broker. I sometimes hear a defensive reply…like, “Of course I have the money!” Maybe it’s ...

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Be Extremely Cautious Buying Repossessions

Be Extremely Cautious Buying Repossessions

My Fools Mistake of Buying Without a Broker
This is a funny story, in the sense that it's ironic. This is my story, my learning lesson and the jokes on me.

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Expenses when Selling – Where Does Your Money Go?

Expenses when Selling – Where Does Your Money Go?

When you decide to put your house up for sale, you should know exactly what expenses will incur and what funds must be dolled out.

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Finding the Right Renters

Finding the Right Renters

I am a landlord and also a realtor.  I come from two different angles reaching the same goal.  We all want the same thing: a tenant who is quiet, clean, doesn't complain and pays rents on time. 

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What to Look for When Buying a Condo

What to Look for When Buying a Condo

Well it's no surprise that the condo market is not doing all that great for sellers. Over the last year the statistics show a decline in sale volume and price. Average days to sell a condo is now 123 days, ...

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Benefits of working with a realtor when buying a home

Benefits of working with a realtor when buying a home

I see a LOT of buyers visiting open houses who are not represented by a realtor. I'm always amazed at this because of the benefits of working with one. There are only benefits. In fact not working with one is ...

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Buying a Home and your Municipal Taxes

Buying a Home and your Municipal Taxes

I recently had a situation where my clients were buying a home in CSL that was a flip. The Seller bought it October 2012 for $378,000 and sold it in May 3013 for $582,500. The municipal taxes on the listing ...

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STRESS in buying real estate, some good ADVICE…

STRESS in buying real estate, some good ADVICE…

The biggest issues that I see in buying and selling is the stress that goes along with it. Problems with a house, irregularities with the certificate of location, money issues, fear of finding the right home, not sure where to ...

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April 2012: Many MLS® Sales Records Set in Montréal Metropolitan Area

April 2012: Many MLS® Sales Records Set in Montréal Metropolitan Area

Île-des-Sœurs, May 8, 2012
Residential MLS® sales in the Montréal Census Metropolitan Area (CMA) increased by 16 per cent in April 2012 compared to April 2011

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Multiple Offer-Notification Of The Other Offer

Multiple Offer-Notification Of The Other Offer

When is enough effort enough? If you are the selling broker dealing with a multiple offer situation, how much effort should you take to get a hold of the buying broker to notify them of the other offer? You would ...

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Eco Centers and Second Hand Stores

Eco Centers and Second Hand Stores

Hampstead Eco-Center
6925 Côte-des-Neiges, Montreal, 514-872-3517 www.hampstead.qc.ca/1/hampsteadgoesgreen/Eco-Centre

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Saving the Deal

Saving the Deal

About 70% of all deals will run into a snag.These all could be deal breakers if not handled properly. The solution to these “situations” is dedication, research and a lot of plea bargaining and negotiating.

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Multiple Offers and BUYERS

Multiple Offers and BUYERS

Multiple offers can be complicated for a Real Estate Broker. Pretty simple if all the offers are from other Real Estate Brokers, however can become difficult if some of the offers are from buyers without representation.

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10 tips to resell your house

10 tips to resell your house

A LOT of Seller’s don’t put enough emphasis on fixing up their homes when they put their house on the market.  Even homes that are renovated need to follow these steps. There is stiff real estate competition and every detail ...

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Where to Find Real Estate and It’s Market

Where to Find Real Estate and It’s Market

This past week I attended an RBC breakfast presentation. There were two important Guest Speakers who talked about the Quebec and Canadian Economic and Real Estate Market.

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Buying and the Paperwork

Buying and the Paperwork

Wondering how much paperwork there will be and what type? The contracts real estate agents use are mandatory standard buying contracts. They were created by the Organisme d’Autoreglemenation du Courtage Immobiler de

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Irregular Certification of Location

Irregular Certification of Location

Deals don’t always go as planned. In fact I would easily say that at least 50% of them have a glitch. This is the story of a sale where the fence was 44cm off, inside the property line. When selling ...

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Montreal Real Estate Investors Group

Montreal Real Estate Investors Group

We're very excited to start up this group. It's a place where we, the organizers, can share our accumulated knowledge and expertise.

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Montréal launches a new Home Ownership program for families!

Montréal launches a new Home Ownership program for families!

Get money back on your welcome tax and possibly a lump sum…all this at the end of April 2010.

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Buying a Condo

Buying a Condo

There is more involved then just buying a house. With a condo you are also buying into the management company and how it’s run, other owners, a condo fee increase,

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Welcome Tax Increases in Montréal

Welcome Tax Increases in Montréal

The Act respecting duties on transfers of immovables allows Ville de Montréal, by by-law, to raise its taxation rate for immovables with a value of more than $500,000.

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Creatively Finance your Deals

Creatively Finance your Deals

Most of us assume that when it comes time to buying a building, whether it be a house or a million dollar structure, that there are only two ways to do it: Pay cash or get a mortgage.

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Inclusions & Exclusions not Honoured

Inclusions & Exclusions not Honoured

After signing at the notary, you enter your new home all excited. You walk around inside and you start noticing things missing that you knew were suppose to be part of the sale.

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Buying & then renting out to the Vendors

Buying & then renting out to the Vendors

Does the Vendor need their money months before the signing date? Do you need to be an owner months before you need to move in? Does the vendor need a place to stay after he signed the deed over to ...

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Repossessions in Today’s Market

Repossessions in Today’s Market

I get a lot of phone calls from people looking at getting into flipping houses. I know I get these phone calls because of the mindset that we are in a recession.

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