Wednesday, April 10, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
While home prices and the real estate market in the Greater Toronto Area (GTA) have been steadily increasing over the past few years, condo prices especially in Toronto, have been steadily increasing. Given the growth in the real estate market, it is no surprise that 10%, 1 in 10 condos, built in Toronto during 2016 and 2017, are owned by non-Canadian residents.
While you may not have considered purchasing a condo, there are many advantages to condo living you can enjoy purchasing and living in a condo. These advantages range from saving money and ideally seeing a large return on your investment when the time comes to sell your condo, being able to live in a more desirable neighbourhood, proximity to public transportation, restaurants, and more. However, buying a condo and condo living might not be the right choice for everyone. It is imp. ...
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, home buying checklist, home buying process, home buying programs, renting versus buying a home, real estate investing, best time to buy a house, best school districts, buying your first home, good time to buy, best neighbourhoods, top school districts, best communities to live in, buying a condo
Wednesday, April 3, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Close to one in three homes purchased in Canada are bought directly from a builder. While you may not have considered purchasing a Home in the pre-construction stages, there are many benefits you can enjoy purchasing a home during the pre-construction stage. These benefits range from saving money and ideally reaping a large return on your investment when the time comes to sell your property, the possibilities for customization, the convenience of having a new home, and more. However, buying a home during the pre-construction process might not be the right choice for everyone for their needs, lifestyle, etc. It is important to consider the pros and cons before you consider purchasing a home during the pre-construction phase.
Pros for Buying A Pre-Construction Home
If you purchase your home early on during the pre-construction process you . ...
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, home buying checklist, home buying process, home buying programs, renting versus buying a home, real estate investing, buying a second home, best school districts, for sale by owner, buy new home, top school districts, best communities to live in, houses for sale by owner, new houses for sale, new houses for sale near me, preconstrcuion buying checklist
Wednesday, March 27, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
A five-year forecast by Moody’s Analytics shows prices rising all over the country apart from in two cities. Moody’s forecast used RPS Real Property Solutions data and predicted that Canadian home prices will go up by 2.2% between the first quarter of 2019 and the first quarter of 2024.
National home sales climbed in April 2019 according to statistics given by the Canadian Real Estate Association (CREA). This is promising considering that sales were at a seven-year low in April of 2018. Toronto experienced the biggest increase in house sales, rising by 11%. The Canadian housing market seems to be on the rebound. However, increased property sales do not necessarily mean that properties will become more affordable.
House price appreciation to slow down
Monetary tightening is affecting house price appreciation. Andr. ...
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, home buying programs, cost of selling a house calculator, how to sell a house fast, interest rates, renting versus buying a home, real estate investing, gta real estate, best time to buy a house, how long does it take to sell a house, best school districts, canadian real estate market, for sale by owner, top five cities
Wednesday, March 13, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Despite more than two million people in Canada with second mortgages, not many fully understand how second mortgages work. This article aims to answer the reasons people get them, and how to obtain them. We’ll also help you learn the advantages and disadvantages of second mortgages, and hopefully, provide information to help you make an informed financial decision.
What is a second mortgage?
The first loan taken by homeowners to purchase a house is called a primary mortgage. A second loan acquired for the same property is called a second mortgage.
A second mortgage is granted even when the primary mortgage has yet to be fully paid. The loanable amount from the second mortgage is based on the equity of the house bought through the primary mortgage. Equity is the value of your home minus any mortgage debt and liens. Equity is . ...
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, home buying programs, interest rates, best school districts, good time to buy, for sale by owner, how to sell a house by owner, mortgage preapproval, mortgage stress test, prequalified buyer, best neighbourhoods, mortgae rates, minimum down payment?, top school districts, debt-to-income ratio, how to get a second mortgage, qualify for a second mortgage
Wednesday, March 6, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
If you’re currently in the market to buy a new home, this might be the best time to do so. The conventional wisdom is to wait for the so-called “spring season” when inventory skyrockets. But the problem with this strategy is that so too does demand, causing a frenzy of competition and bidding wars.
Homeowners are eager to sell
This past December was the worst month for home sales in the GTA in over six years. Because of this, there are many homes on the market with sellers eager to settle and negotiate with an interested buyer. Sellers putting properties onto the market in January are usually doing so out of a sense of urgency and because of this, buyers have a great deal of leverage during this slower sales cycle. Moreover, there is far less competition in January as most prospective buyers are holding out fo. ...
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, home buying process, home buying programs, renting versus buying a home, real estate investing, cost of buying a house calculator, buying a second home, best time to buy a house, how to buy a home, steps to buying a home, buying your first home, home buying tips, best school districts, good time to buy, fixer upper houses for sale, for sale by owner
