Wednesday, September 4, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
In England, there is a saying that something secure and reliable is “safe as houses”. It’s a phrase that goes back to Victorian times and is generally representative of the belief that a house. “With its foundations, bricks, mortar and seemingly limitless growth in value” – this means trustworthy and dependable, meaning everyone should strive to own one.
The global recession in 2008 changed all that, with home equity wiped out for many homeowners who had previously paid over-inflated prices. The “property ladder” no longer seemed such a good idea – for many, it was now a financial trap rather than a lucrative investment. And with the collapse of the sub-prime mortgage market in the US, lending rules were tightened, and those people who still desired their own home found funding sources! ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, best school districts, real estate investing, gta real estate, best neighbourhoods, top school districts, best communities to live in, good time to buy, mortgage preapproval, mortgage stress test, top five cities, how to find houses at a good price, pros of living in ontario, average home selling price, market uncertainty
Wednesday, August 28, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
There are many reasons that you might be interested in buying a home in downtown Toronto, living in Toronto’s downtown core can be exciting. You will have access to excellent restaurants, as well as other amenities, cultural events, museums, easy access to public transit through the TTC whether that is the bus, subway, streetcar, etc., and Toronto’s waterfront. Downtown Toronto has a lot to offer for those who like going out with a variety of distinct neighbourhoods with great nightlife and events, which means you will never be bored living here since there is always something going on.
Living in downtown Toronto means if you enjoy hockey, are a Toronto Maple Leafs fan, enjoy basketball, and/or a Toronto Raptors fan you will have easy access to the Scotiabank Arena where both of these teams play or go to see conc. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, best school districts, gta real estate, best neighbourhoods, for sale by owner, top school districts, best communities to live in, good time to buy, best places to live, first time home buyer, investing, minimum down payment?, job opportunities in ontario, tips to make your down payment easier and faster, average price for a home in toronto
Wednesday, August 7, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
One of the least enjoyable parts of buying real estate or property in Ontario, especially in the City of Toronto is the Land Transfer Tax (LTT). If you are buying property in Ontario, you will be responsible for the provincial Land Transfer Tax (LTT).
If you are buying property in the City of Toronto, you will also be responsible for the City of Toronto’s Municipal Land Transfer Tax (MLTT). Therefore, if you are considering buying real estate in Toronto and/or in Ontario, you will need to budget for paying at Ontario’s Land Transfer Tax and possibly even paying Toronto’s Municipal Land Transfer Tax.
This article explains what Ontario and Toronto’s Land Transfer Taxes are, how much they cost, how the Land Transfer Tax fees are calculated, who is responsible for paying them, who is exempt, and information for non-re. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, renting versus buying a home, interest rates, best school districts, real estate investing, cost of buying a house calculator, best time to buy a house, gta real estate, best neighbourhoods, best communities to live in, for sale by owner, good time to buy, top school districts, how to buy a home, steps to buying a home, top five cities, land transfer tax
Wednesday, July 17, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
You might have stumbled upon this article and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, best school districts, best time to buy a house, for sale by owner, good time to buy, best neighbourhoods, mortgage preapproval, top school districts, mortgage stress test, foreclosed houses for sale, prequalified buyer, top five cities, current housing market, houses for sale by owner, how to find houses at a good price, foreign buyer
Wednesday, July 3, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
You might have stumbled upon this article and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
Read More
real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, trinity real estate consultants, sell or buy first, best school districts, best time to buy a house, for sale by owner, good time to buy, best neighbourhoods, mortgage preapproval, top school districts, foreclosed houses for sale, mortgage stress test, prequalified buyer, current housing market, houses for sale by owner, how to find houses at a good price, top five cities, foreign buyer
