Wednesday, August 14, 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 is an ongoing debate between people, especially in Toronto where rent prices are astronomical and increasing and home prices are increasing, about whether it is better to rent or to buy. Toronto has been recognized as one of the most expensive and unaffordable cities in the world. The average price for rent makes Toronto one of the most comparably expensive cities in Canada for renters. All of this has been made worse as the housing market in the City of Toronto and the Greater Toronto Area (GTA) have grown and more people are moving to Toronto and the Greater Toronto Area. This makes it harder to determine whether it is better to rent or buy in Toronto since whether you are renting or looking to buy in Toronto or the Greater Toronto Area (GTA), chances are that you are going to be spending a lot of money each month on . ...
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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. ...
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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, 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. ...
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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
Wednesday, January 31, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Checking the best places to live in Toronto for your family can be a lengthy and challenging process. The property you should buy requires the perfect balance between price and features of the house, taking into account the neighbourhood considerately.
Our aim with this article is to help you with making a smart choice for a pleasant and affordable place to live in Toronto. On top of that, we’ve decided to do some research on most trending neighbourhoods in Toronto, looked at from our point of view as locals with years of experience in the housing market.
Personal Research is Essential
Studies have shown that people with strong connections to family and friends in a community are consistently happier than those without social ties. That’s why our top one recommendation for finding the best places to live in Toronto, is. ...
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real estate, tamburello, the tamburello team, matthew tamburello, best real estate agent, best real estate deals, buying a foreclosed home, team, sell or buy first, trinity real estate consultants, home buying checklist, home buying process, interest rates, renting versus buying a home, cost of buying a house calculator, real estate investing, buying a second home, gta real estate, best time to buy a house, how to buy a home, real estate & inflation, buying your first home, cheap houses for sale, best places to live
Wednesday, October 4, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
It’s no secret that the Canadian real estate market is growing at a fast pace. But, despite the low-interest rates and increasing supply that has fueled the industry growth over the last few years, current and future homeowners need to think about making a down payment in order to acquire their next properties without any problems.
The real estate market moves at break-beck speeds, so it’s normal to ask yourself “how much down payment do I need for a house?”
In this article, we’ll cover the definition of a down payment and explain how this impacts the type of house you can afford. Additionally, we’ll also give you tips on saving these funds for your dream home.
Understanding Down Payments on Houses
Before going over the average down payment for a house in Canada, it’s crucial to understand the . ...
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