Wednesday, September 25, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Congratulations, you have decided to take a big step and invest in real estate in Canada! Deciding to buy a home, no matter where you are looking to purchase a home, whether that’s your hometown or somewhere new is always a big decision. It can be a complex process with a lot of moving parts and many things that you will need to consider.
Hopefully, after reading this guide you will have gained greater insight into what it is like to buy real estate in Canada, what you can expect when purchasing and investing in real estate in Canada, what the process is like for buying real estate here, and more. It is important to remember that this guide is meant to serve as a jumping-off point for the process of buying real estate in Canada, this is not meant to be a definitive guide on buying real estate in Canada.
It is meant to help you begi. ...
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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, June 12, 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 since you are looking to buy or sell your home, refinance your home, or might need the services of a professional home appraiser. There are three instances when it is common for people to work with home appraisers. The first and most common instance when you will be working with a home appraiser is if you are selling or buying a home. The second instance when you might employ a home appraiser is if you are applying to get your mortgage refinanced. The third most common instance when you might work with a home appraiser is for insurance purposes.
In this article, you will learn about what a home appraisal is for real estate purposes and insurance purposes, what a home appraiser is looking for and what factors determine a home and property’s value. You will also gain insight into. ...
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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, is it a good time to sell a house, how to sell a house fast, renting versus buying a home, interest rates, real estate investing, best time to sell a house, best school districts, top five cities, average home selling price, bank of canada, builder homes, debt-to-income ratio, preconstruction vs. resale, home appraisal
Wednesday, May 8, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Credit scores while they may seem like they are just a number that companies pull out of a hat, they are more than just a simple number and they can have a huge impact on your financial future. Your credit score impacts things such as the interest rate you are able to get for loans, whether or not you are able to finance things such as a new computer, a new car, or a new phone, how much you might pay for life insurance, and more. In other words, you should know what your credit score is and take this seriously especially if you dream of becoming a homeowner one day.
Credit scores usually range somewhere between 300 at the low end and up to 850 or 920 at the highest. However, a FICO score is the credit score that most financial institutions use and take into consideration when deciding who they can give credit out are between! ...
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