How To Buy A Foreclosed Home | Trinity Real Estate Consultants Blog

Wednesday, June 5, 2024   /   by Matthew Daniel Tamburello

HomeSeller, HomeBuyers & Investors: The best neighbourhoods in Toronto for raising kids!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Toronto and the Greater Toronto Area (GTA) are great two great places in Canada for people looking to start a family or to raise children. Both of these areas are known for being ethnically and culturally diverse with something for everyone. From parks and green spaces, to beaches in the summer, walking, hiking, and cycling trails, community centres, restaurants, great public transportation, hospitals, and more, it is no wonder why people who are raising children are choosing to live in the City of Toronto and the Greater Toronto Area (GTA). Additionally, some of the best schools in Ontario and in Canada as a whole can be found in the City of Toronto and the Greater Toronto Area (GTA).
Deciding where to live no matter what the stage of life you are in at, can be difficult. This is true whether you are young, middle-aged, or . ...

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Wednesday, May 29, 2024   /   by Matthew Daniel Tamburello

HomeSellers, HomeBuyers & Investors: The Most Affordable Neighbourhoods in the Greater Toronto Area!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
While living in Toronto and the Greater Toronto Area (GTA) can be amazing, it is certainly not cheap and it comes at a price, an extremely high price. This is true if you are renting a home or buying a home. The average monthly rent for a one-bedroom apartment in the city of Toronto as of February 2019, is $2,270 CAD. The average rent for a two-bedroom in the City of Toronto is $2,850 CAD. While the average home price for a home in the Greater Toronto Area depending on where you are could range from $804,508 to $1.01 million for a detached home.
The City of Toronto has the highest average rent in Canada for a one-bedroom apartment, and Vancouver has the second highest rent in Canada at $2,080 for a one-bedroom apartment and $2,850 CAD for a two-bedroom apartment. However, this does not mean that there aren’t affordable neighbourhood. ...

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Monday, May 15, 2023   /   by Matthew Daniel Tamburello

HomeBuyers & Investors: Top 5 Reasons to Buy Pre-Construction!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
In this ever-changing real estate market, investing in a pre-construction condo still remains a lucrative long-term opportunity. When you look beyond the quick wins of flipping property, holding the property for the long haul and having a tenant pay off your mortgage can create passive income for you well into your retirement years. Or, if you are a first-time buyer and are hesitant to get into the market now with interest rates on the rise, buying now to move in 3-5 years from now when mortgage rates normalize is also a great option.
Here are the top 5 reasons to invest in pre-construction properties:
1) Pass the current market cycle: With inflation at an all time high in Canada, the Bank of Canada has elected to increase interest rates to help control the rising rate of inflation. This has driven home prices down between 20-30% in some markets as buyers’ affor. ...

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Tuesday, March 7, 2023   /   by Matthew Daniel Tamburello

HomeSellers & HomeBuyers: The 2022 & 2023 Real Estate Market!

Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
The 2022 & 2023 Real Estate Market has certainly been an interesting one to say the least!
With opportunities all around us, I thought to prudently address a question regularly and rightfully asked: Is it a good time to buy with increased interest rates?
Good question so let's dig in for clarity...
What is the difference between a Home valued at $550,000 in a low interest rate market (2%) selling for $750,000 (because low interest rate markets breed competition and paying over asking) and a Home valued at $750,000 in a high interest rate market (5%) selling for $550,000 (because high interest rate markets suppress competition and paying over asking)?
Here’s what that looks like:
Purchase Price

$750,000

Down Payment

$25,000 (5% up to $500,000)
$25,000 (10% on the remaining balance of $250,000)
= $50,000

Mortgage

$700,000 (purchase price mi! ...

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Monday, January 9, 2023   /   by Matthew Daniel Tamburello

HomeSellers: 27 Tips You Should Know To Get Your Home Sold Fast and For Top Dollar!

Courtesy of:
Matthew Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
"...discover how to protect and capitalize on your most important investment.."
Because your home may well be your largest asset, selling it is probably one of the most important decisions you will make in your life. To better understand the homeselling process, a guide has been prepared from current industry insider reports. Through these 27 tips you will discover how to protect and capitalize on your most important investment, reduce stress, be in control of your situation, and make the most profit possible.
1) Understand Why You Are Selling Your Property
Your motivation to sell is the determining factor as to how you will approach the process. It affects everything from what you set your asking price at to how much time, money and effort you're willing to invest in order to prepare your home for sale. For example, if your goal is for a quick sale, this would determine o. ...

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

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