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The market direction is never a sure bet so best not to use this as the main motive to sell a place. If one is looking to sell, sell because you want to upgrade/downgrade/change... Have strong enough reasons to go through it. It's always nice to have strategic options when selling or buying...

Another point worth noting... Anyone thinking about renting out their residential property should review the following website and get yourself very familiar with what it means to you! www.ltb.gov.on.ca If you need any help or have any questions, please feel free to post them here or...

T, I love your condo... can you marry me so I can own half of it too..> :) I would recommend going to craiglist or Kijiji to get the condo listed and rented on your own. It's a far cheaper alternative. You can use the services of a REALTOR to do the same and it would cost you one month's...

Hi Dave, First, the question about the land transfer rebate... The rebate is a relatively new incentive which was only offered to first time buyer purchasing NEW properties and was extended to resale homes too. This happened in mid 2007. If you're purchase was before 2007, then you wouldn't...

I can't answer this question with conviction because I don't know. Traditionally, there is no set time for a recession... It can be for a quarter or even years... I've been doing a lot of research and reading about this over the past couple of weeks and I'm expecting at the very least it will...

Table of contents updated...

Depending on if you're north of Danforth or South would dictate which district you fall under and what type of property that you're inquiring about. You can take a look on my blog for Market Update of August and check out Districts E01 if south of Danforth or E03 if you're property is located...

Market watch have been posted on my blog for July and August 2008 for anyone interested... http://www.HeyAddy.com

Canadians are allowed to invest in real estate properties down in the US and mortgages are offered by banks such as TD who have branches in the US and in Canada. I don't know what you mean getting Canadian Mortgage to buy in the US. You can use a bank that is in Canada to provide a mortgage in...

Go to www.orea.ca to find out more information about becoming an agent. Is it worthwhile doing it?!?! I don't know what your circumstances are but I do know that there's an 70 to 80 % failure rate in the business within the first two years. Also, this business is not cheap and requires some...

+1 I'm glad to see you're keeping a top on your studies... :)

OMG... I was going to revive it but didn't have the heart to do that to pepper... Good on you Azim... LOL

The main incentive available to first time home buyers is the rebate on land transfer tax that is credited back after your first home purchase. It looks like you might qualify for the rebate since you've already purchased a property and/or had interest in it depending on the date. According...

Sorry Guy... I totally missed that one... I'm working on it and you will see the answer shortly...

In a nutshell, a freehold property means that there is no condominium corporation holding a reserve fund or responsible for repairs to the outside of your house or any maintenance fees. You're solely responsible for the house and it's up keep. If you have a free hold town home, you and your...

It depends on what budget you're comfortable with purchasing. I would actually pay more attention to how much cashflow a property can generate. If it's a single detached or a small condo that is generating a positive cash flow, it's a good investment. Another aspect is to keep an eye on how...

Gray :)

Great question... I'm doing to break your question down into to catergoies and try to explain it... There are basically two types of buyers for real estate: 1. Sellers and Buyers - People who have to sell a place then buy their next place. Usually, this category is upgrading or down grading...

Hi everybody (in Dr. Nick's voice from the simpson) :) Well, I've been connected to this website for a couple of years now and have occasionally answered member questions relating to real estate in person and online. I've even had the pleasure to help some members buy and sell real estate over...

I always related him with adidas...