How Much Are Closing Costs? | Trinity Real Estate Consultants Blog

Wednesday, February 5, 2025   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: What You Need to Know About Off-Market Real Estate Deals!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Chances are that you have stumbled upon this article because you have heard about off-market real estate deals in Toronto and want to learn more about them. In this article, we will explain what off-market means when you are buying or selling a home as part of a real estate transaction, some ways you can go about finding an off-market real estate deal, the pros and cons of off-market real estate deals for sellers and buyers. 
What does off-market mean in real estate terms?
Frequently, when people are listing their homes for sale, they are working with a local real estate agent or broker who will be posting their home on the Multiple Listing Service (MLS). Using the MLS allows real estate agents and brokers to advertise a property they are selling to a wide variety of potential buyers and investors.
However, MLS is not the only way. ...

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Wednesday, December 25, 2024   /   by Matthew Daniel Tamburello

HomeSellers: Real Estate for Common-law Couples in Ontario!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Trinity Real Estate Consultants
647-697-6743
matthew@searchhomesingta.com
Breaking Up vs. Real Estate for Couples Getting Divorced in Ontario
The end of any relationship can be stressful and challenging, especially when a common-law relationship or marriage ends, this can also create additional challenges. However, figuring out your next steps when your relationship ends and dividing up property and assets with your current or former common-law partner or your spouse can be even more difficult.
If you are looking to learn more about your rights related to real estate, property ownership, and the division of property in Ontario, when your common-law relationship or marriage ends, this is article was written for people like you.
In this article, we will compare and contrast the differences between what your rights are to real estate and assets when your common-law relationship ends in Ontario, and when you are. ...

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Wednesday, September 18, 2024   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: How much are closing costs?

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Buying a home is an exciting process, however, if you are serious about purchasing a home in Toronto, you must consider closing costs and budget for them. You might be thinking closing costs cannot be that much why should I worry about them? For example, taxes, if you are a permanent resident or citizen in Canada, can cost 4% of the home’s purchase price if you are purchasing a home within the City of Toronto.
You will be responsible for paying the City of Toronto’s Municipal Land Transfer Tax (MLTT) and Ontario’s Provincial Land Transfer Tax (LTT). And if you are not a Canadian citizen or permanent resident, be prepared to pay the Non-Resident Speculation Tax (NRST) which is 15% of the home’s purchase price, in addition to provincial and municipal land transfer taxes. Do we have your attention now?
Now, that we h. ...

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Trinity Real Estate Consultants
Matthew Daniel Tamburello
Team Leader & Broker/Owner
Right at Home Realty, Brokerage

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