Upsizers
Moving From a Condo to a House
There is a big learning curve when moving from a condo to a house, and a lot of things people forget to think about. There are a ton of differences between owning a condo and a house, mainly that you are responsible for more general maintenance than you would in a condo. With a condo, you are mostly just responsible for anything within your unit, so when you move into a house you have to be much more aware of what is happening both in your house and outside of it.
Closing Day Delays - Closing Funds
One of the most common reasons for a delayed closing are issues with closing funds. If you are buying and selling, and you need to use the proceeds of your sale to close on your purchase, you NEED to make sure you leave a safe buffer to account for emergencies. You should never close on your purchase and your sale on the same day.
When Should You Close?
Did you know that the day you pick to close on actually matters? You can only close on a banking day, but you should aim to never close on a Friday or the day before a statutory holiday, because if there is a delay, it will be delayed until the following business day.
Climbing The Property Ladder
Owning a home in an insanely expensive real estate market, like Toronto, can feel completely unattainable. Truthfully, for many people it is. Climbing the property ladder is a great strategy to consider when planning for your future home purchases - especially if saving up for a 20% down payment feels impossible.
Factors to Consider Before Selling Your Home
Should you buy or sell first? Should you move out of your home while its on the market? What do you have to do to get you home ready to list? These are all common questions people ask when they're selling their first home.