Home Mortgage and Refinancing

Buying a home in the post real estate crash environment has been a shock to most people. Lending standards have returned to historical trends in which lenders are looking for large down payments and plenty of reserves. Debt to income ratios must be well within the safe zone and income must be well [...]

Monica Itiniant cites “Buying a home is not like purchasing a car, a mutual stock or other commodity”. “Buying a home in Toronto is plausibly the heaviest investment you’ll realize in your lifetime”. My name is Francois and I have had the joy to work alongside Monica Itiniant, from Royal LePage Real Estate Services in Toronto, to experience why so many of her clients say so many great things about her. Now lets get started, Monica states – To make sure you purchase the proper home, you will need to set about all aspects of buying a house with research and concern. Buying a home is a special time in your life and that’s why working with a great real estate agent specializing in buying property is a super idea. It is experience that you realize by working with an agent, and experience cuts the amount of headaches and unknown variables that the average person encounters when buying.

There is a set of steps a real estate agent needs to take in order to prepare a property to be marketed effectively so that the home can be sold for its highest value in the most efficient amount of time. Although there are a number of variations on this procedure the following steps are needed to achieve the best result. Make sure to review this list and evaluate the Agents answers when you speak with them.

1. Location, Location, Location! Look for a location in that has the potential for growth, this is the best advice when investing in real estate. If the house you choose in Toronto is not exactly as you’d like it to be, you can always renovate and change things. You cannot renovate an entire neighborhood.

Most real estate agents have had a lowball offer on a listing or represented a buyer that has submitted a lowball offer. A majority of real estate agents have dealt with both types of lowball offers. In general, lowball offers written up for buyers by a good agent get accepted, and lowball offers received by a seller get rejected.