Buying Home in Ontario What Are the Closing Costs

By: Sylvia Smith

Buying Home in Ontario What Are the Closing Costs

Tags: BUYING FIRST HOME, HOME CLOSING COSTS, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE, Vaughan realtor

You probably spent quite a bit of time upfront determining how much you can afford and how much money you will need for the down payment and deposit.  But don’t forget that when your offer gets accepted on that perfect home you will need to also budget for closing costs on closing day.  The guidance on what to budget for in Ontario is anywhere between 1.5% - 4% of the purchase pric...Read More

10 Steps to Buying Your First Home

By: Sylvia Smith

10 Steps to Buying Your First Home

Tags: Buying First Home, Vaughan Real Estate, Toronto Real Estate, Realtor, Vaughan Realtor

Buying a first home is a very exciting time but can also be a time of uncertainty and stress.  Buying a first home is a huge milestone both from a life and financial perspective.  It will most likely be the biggest purchase that you will make in your life but also one of the best decisions in the long run.   Having a good understanding of what to do to get ready will ...Read More

Why You Should Buy a House in the Fall

By: Sylvia Smith

Why You Should Buy a House in the Fall

Tags: Buying a home in the fall, buying a condo in the fall, Vaughan Realtor

Spring and the summer are usually the most popular times of year for buyers to start their search for that dream home.  As you have most definitely heard the number of homes listed through the months of July and August dramatically declined this year which is very normal even more so this year as buyers and families started to enjoy the summer after being locked down in the spring. But now ...Read More

Barrie Real Estate Boom

By: Sylvia Smith

Barrie Real Estate Boom

Tags: BARRIE REAL ESTATE, REAL ESTATE INVESTING, LIVING IN BARRIE, INVESTING IN BARRIE

Why has Barrie become so attractive to both investors and homeowners in the last several years?   Barrie is located north of Toronto, on Lake Simcoe, and is a community that has seen dramatic population growth.  Barrie is seen as a bedroom community for Toronto as more and more people move north now that GO transit has expanded its trains to Barrie making it easy access in and out o...Read More

How to Avoid a Money Pit: 6 Things to Be on the Lockout For

By: Sylvia Smith

How to Avoid a Money Pit: 6 Things to Be on the Lockout For

Tags: BUYING A HOME, Vaughan REAL ESTATE, Vaughan realtor, Toronto realtor

  When looking for a dream home it is easy to get lost in the excitement and falling in love with the look and feel of a home.  However, buying a home is an expensive purchase, and being on the lookout for expensive repairs is critical.  Many people think that serious home defects are easy to spot but the truth is that often the most costly and serious problems can only be detected...Read More

The Difference Between Deposit and Down Payment

By: Sylvia Smith

The Difference Between Deposit and Down Payment

Tags: REAL ESTATE, DEPOSIT, DOWN PAYMENT, BUYING A HOME, Vaughan Realtor, Toronto Realtor

You finally found your dream home and you are planning to make an offer but may have questions on what the difference is between a deposit and a down payment.  I frequently have clients ask this question.  Deposits and down payments are two very different things to consider when deciding to buy a property, although both require savings.  They occur at different stages during the buy...Read More

Should You Buy With Listing Realtor?

By: Sylvia Smith

Should You Buy With Listing Realtor?

Tags: BUYING A HOME, VAUGHAN REAL ESTATE, TORONTO REAL ESTATE, Vaughan REALTOR

I quite often get the question from my buyer clients in a competitive market, if using a seller’s Realtor can increase the chances of getting the house?  Before I outline the risks of buying with a listing agent, I will outline the rules in Ontario in dealing with sellers and buyers on the sale of the same property.   In Ontario,  buyers and sellers hire a brokerage, not a Rea...Read More

Should You Rent or Buy?

By: Sylvia Smith

Should You Rent or Buy?

Tags: RENTING, HOMEOWNERSHIP, TORONTO REAL ESTATE, VAUGHAN REAL ESTATE, Best Vaughan Realtor, Best Toronto REaltor

  Is it time to buy a home or condo, or should you continue renting?  The answer to this question is that it depends on your lifestyle preferences and other circumstances.  Choosing to rent or buy your home is a major decision that affects both lifestyles but also your financial stability.     There are a number of things to consider when making a decision.   W...Read More

My Credit History is Great …Or is It?

By: Sylvia Smith

My Credit History is Great …Or is It?

Tags: CREDIT SCORE, BUYING REAL ESTATE, Vaughan Real Estate, Toronto Real Estate, Best Vaughan Realtor, Toronto Realtor

  Are you thinking of making a move in the near future?  Buying real estate can be a very emotional process with highs and lows.  But spending a little time upfront to understand what we want and need and also ensuring that our financial house is in order will save you a lot of time and stress.  This includes validating in advance that your credit history is in order and accur...Read More

First Time Home Buyer – 4 Programs to Help Out

By: Sylvia Smith

First Time Home Buyer – 4 Programs to Help Out

Tags: FIRST TIME HOME BUYER, Best Vaughan realtor, real estate agent in Vaughan, Toronto realtor

Buying a first home is a very exciting time but it can also feel overwhelming with so many decisions to make and all the costs involved.  Getting ready to purchase your first home or condo involves much more than just saving for the down payment.  When buying a home there are more costs involved than most first-time buyers are aware of.   In addition to the down payment home buyers ...Read More