Wednesday, July 31, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
With the recent growth in Toronto’s real estate market and population growth in Toronto, with more people looking to move to and moving to Toronto each year, it’s a great time to invest in real estate in Toronto. Now with the slowdown happening in Toronto’s housing market and relative cooling off from Toronto’s housing market’s peak during 2017, with changes in mortgage regulations and interest rates, this means that the real estate market in Toronto has balanced out a bit. While during the past couple of years, the housing market in Toronto was considered to be more of a seller’s market with buyers getting into bidding wars and competing to buy houses, this is no longer happening as much.
Data from home sales in Toronto have shown that sales have dropped during the beginning of 2019, fewe. ...
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Wednesday, July 24, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Given the recent growth in Toronto’s real estate market, it is no surprise that more people are looking into investing in the Toronto real estate market. With the increase in the number of condos being built and the recent drop in prices for houses in Toronto, the decision between buying a house vs. a condo is more challenging than ever. While at one point, the cost to purchase a condo in Toronto might have made buying a condo a clear choice for home buyers, this is no longer the case. With a drop in prices for houses, buyers who are looking to purchase real estate in Toronto have more choices than ever and are in a better position to decide whether buying a house or buying a condo is the best decision for them.
It is important to remember that for the purpose of this article, a house will be defined as a detached sing. ...
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Wednesday, July 17, 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 and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
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Wednesday, July 10, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Introduction
Chances are you that came across this article since you are not a Canadian resident and you are interested in buying property in Canada, but like many people, you might not have the sufficient cash lying around to buy a home in cash, without financing. Purchasing homes and property can be incredibly expensive. Most people will need a mortgage or financing from a bank to purchase a property or a home. Heck, even Elon Musk, the founder of Tesla, has a mortgage. Yes, you read this correctly, even Elon Musk has a mortgage. In fact, Elon Musk has multiple mortgages. Many other high net worth individuals including people such as Beyoncé and Jay-Z also have mortgages. In other words, your net worth does not necessarily preclude you from having a mortgage.
You might be reading this and thinking ok, how does this apply to me a. ...
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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, sell or buy first, best school districts, best communities to live in, mortgage preapproval, top school districts, mortgage stress test, top five cities, signs of recovery, pros of living in ontario, best places to live, first time home buyer, past real estate market corrections, getting a mortgage after a divorce, non-resident mortgage
Wednesday, July 3, 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 and are a U.S. citizen interested in buying property in Canada and the short answer is yes, U.S. citizens can buy property in Canada. In fact, Canada welcomes buyers from all over the globe and there is no restriction on the amount or kind of real estate you can buy if you are not considered to be a permanent Canadian resident. Any Canadian citizen spending more than 6 months per year outside of Canada is considered to be a non-resident and will follow these rules as well.
As a non-resident you will need to follow certain rules, pay higher taxes than a non-Canadian permanent resident, and will need to put more money down than you usually would if you are financing the purchase of your property with a loan from a Canadian bank. But beyond these tax considerations which a competent Can. ...
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, best school districts, best time to buy a house, for sale by owner, good time to buy, best neighbourhoods, mortgage preapproval, top school districts, foreclosed houses for sale, mortgage stress test, prequalified buyer, current housing market, houses for sale by owner, how to find houses at a good price, top five cities, foreign buyer
