What Factors Influence Your Credit Score and What is the Best Way to Maintain Control?

By: Jay Paramanathan

What Factors Influence Your Credit Score and What is the Best Way to Maintain Control?

Tags: CREDIT SCORE IN CANADA, CHECK YOUR CREDIT SCORE, HOW TO MAINTAIN YOUR CREDIT, REAL ESTATE IN GTA

A credit score is a three-digit figure that lenders use to assess a potential borrower's credit risk. There are five key elements used to determine credit ratings behind the number itself (credit scores normally vary from 300 to 900). Lenders evaluate these ratings to determine how likely you are to repay your debt; thus, they are frequently the determining factor in whether you will be approv...Read More

Consider These Tips Before Renewing Your Mortgage

By: Jay Paramanathan

Consider These Tips Before Renewing Your Mortgage

Tags: MORTGAGE RENEWAL, WHAT TO KNOW BEFORE RENEWING MORTGAGE, TOP REAL ESTATE AGENTS, PROFESSIONAL REAL ESTATE, MORTGAGE QUALIFICATION IN GTA

Many Canadian mortgage holders blindly renew their mortgages without questioning anything, which often leads to a higher interest rate with a mortgage package that does not meet their demands. Make sure you thoroughly check everything out before you sign another contract. In order to secure the greatest mortgage available, analyze your present position, create a plan, and allow lenders to compete ...Read More

You Shouldn’t Overprice Your Home for These Reasons

By: Jay Paramanathan

You Shouldn’t Overprice Your Home for These Reasons

Tags: OVERPRICING YOUR HOME, GTA REAL ESTATE, VALUE OF HOME, WHY OVERPRICING YOUR HOME IS A BAD IDEA, CANADA REAL ESTATE NEWS, TORONTO HOUSING MARKET

You may think that because you're ready to sell your home, you may set whatever price you choose. However, no matter how hot the market is, overpricing your home can be detrimental. Studies have shown that pricing is the primary variable that determines how long a real estate property remains on the market. If a home is too expensive, even the best-conceived marketing strategies might sell utt...Read More

How Can First-Time Homebuyers Come Up With a Down Payment?

By: Jay Paramanathan

How Can First-Time Homebuyers Come Up With a Down Payment?

Tags: First-time homebuyers, saving for a down payment, Mortgage down payment Canada, down payment on house, Toronto real estate

First-time homebuyers may be able to make a monthly mortgage payment, but the biggest challenge is saving enough for a down payment. A down payment is necessary, the higher your down payment, the cheaper your interest payments will be throughout the term of your mortgage. The majority of residences in Ontario need a down payment of at least 5%. So, if you want to buy a $800,000 property, you'l...Read More

The Importance Of A Status Certificate Review When Buying A Condo In The GTA

By: Jay Paramanathan

The Importance Of A Status Certificate Review When Buying A Condo In The GTA

Tags: STATUS CERTIFICATE, CONDO STATUS CERTIFICATE, CONDOS IN THE GTA, TORONTO CONDOS, TORONTO REAL ESTATE

If you're looking to buy a condo in the GTA, you'll almost certainly hear about the Status Certificate, and your Realtor will almost certainly advise you to make your offer contingent on your lawyer reviewing the Status Certificate.   A status certificate is a large document that contains information about a condominium corporation's financial and legal health. It normally runs a ...Read More

Why having a Certified Luxury Marketing Specialist as a Realtor  can help Sellers and Homebuyers

By: Jay Paramanathan

Why having a Certified Luxury Marketing Specialist as a Realtor can help Sellers and Homebuyers

Tags: Certified luxury marketing specialist, luxury homes, luxury real estate Toronto, Toronto real estate

The luxury real estate market represents the top of the industry. At this level of professionalism, only the most experienced, competent, and informed realtors have this certification.   Certified Luxury Marketing Specialists strive to be the best agents they can be and believe in doing business with honesty, integrity, and sincerity. They endeavor to provide their customers with the best ser...Read More

Are you planning to buy your first home in the GTA?  What you need to know, and how to proceed

By: Jay Paramanathan

Are you planning to buy your first home in the GTA? What you need to know, and how to proceed

Tags: first time home buyer, Toronto real estate, buying a home for the first time, buying a home tips

We all know buying a home especially for the first time, is a big deal.    Whether you're purchasing a home, a condo, or a townhome, the process can be intimidating, and you may not know where to begin. Although, with the right guidance and invested time, you can close with confidence with the steps below on how to buy your first home in the GTA.   Save for a Down Payment and O...Read More