Toronto Realty Blog

MARCH 1, 2023

These are in no particular order, other than what I think of when I really question why a condominium project might be canceled in Toronto… – 1) Zoning and approval. If you close your eyes and picture the northwest corner of Bloor and Dundas in Roncesvalles, what do you see? I see a leopard. It’s a giraffe. .”

Construction 97

Construction Bankruptcy Pre-approval Purchase and sale agreement 97

Marco Santarelli

MARCH 20, 2025

As someone who has been watching the real estate market closely for years, I can tell you that spring is typically a busy season. If you're selling in San Jose, you need to be ready for multiple offers and a quick closing. Top 5 Housing Markets Where Homes Are Selling at Record Pace in 2025 The Spring Market is Heating Up!

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Pre-approval New Construction Marketing Inspection 52

HomeLight

JUNE 27, 2022

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. We’re going to equip you with the top dos and don’ts of buying new construction. The dos of buying new construction. Decide on the type of new construction you want.

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New Construction Construction Inspection Pre-approval 105

HomeLight

FEBRUARY 12, 2021

As a seller, you’re usually not taking on additional risk by accepting an offer from a buyer pre-approved for an FHA loan than you would with a buyer pre-approved for a conventional loan. Sellers must complete major repairs before closing. Defective paint surfaces in homes constructed pre-1978.

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FHA loan Loans Pre-approval Pre-qualification 111

Realty Biz

NOVEMBER 23, 2022

Knowing how much you can afford eliminates wasted time and the hassle of trying to get approved by a lender. Lenders also use a method to determine how much you can afford by comparing your total monthly debts to your monthly pre-tax income. Get Your Mortgage Loan Pre-Approved. Know What You Can Afford.

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Pre-approval Agents Construction Closing 90

Marco Santarelli

MARCH 26, 2025

If so, you're probably keeping a close eye on mortgage rates. While the increase might not be as dramatic as some hoped, the slight dip in rates combined with limited existing home inventory has given the new construction market a little boost. This makes new construction a more appealing option for many buyers.

Sales 52

Sales Mortgages New Construction Construction 52

HomeLight

MARCH 6, 2023

The Bay Area is also close to beaches, national parks, and the wineries of Napa Valley. Consider factors such as how long you plan to be in the area, if you have steady employment, and if you have enough money saved for not just the down payment, but for closing costs , maintenance, property taxes, and more. Loans are between 3%-3.5%

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Earnest money deposit Closing Sales Title 110

Realty Biz

MARCH 30, 2023

To get the best rate for your situation, be sure to look closely at each type of mortgage. Documentation and the Pre-Approval Process Pre-approval is a must for anyone looking to purchase a home. Be sure to have all of your documentation in order and ready to go before starting the pre-approval process.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

Marco Santarelli

JUNE 3, 2024

The housing market hasn't fully recovered from the construction slowdown that followed the 2008 recession. You'll need to have your finances in order, with a strong down payment and pre-approval for a mortgage. Builders are aware of the shortage and are ramping up construction. So, what can you do?

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Pre-approval Construction Mortgages Staging 105

Realty Biz

APRIL 30, 2022

Knowing how much you can afford eliminates wasted time and the hassle of trying to get approved by a lender. Lenders also use a method to determine how much you can afford by comparing your total monthly debts to your monthly pre-tax income. Get Your Mortgage Loan Pre-Approved. Know What You Can Afford.

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Pre-approval Agents Construction Closing 86

The Close

NOVEMBER 12, 2024

This article breaks down seven steps to help you learn how to buy land—covering everything from the pros and cons to financing and closing the sale. Many construction projects nationwide have building moratoriums in place due to potential code violations or environmental concerns. Let’s get into it!

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Land Investor Finance Development 98

Realtor.com

JULY 9, 2021

The couple lived in a third-floor apartment with their two children in a pre-war building they loved on Manhattan’s Upper West Side. We kept it in the pre-war style of the building, so we maintained its spirit, but everything is modern and new.”. That’s what Praneet Gill, chief strategy officer at a tech startup, and her husband did.

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Pre-approval Renovation Finance Construction 94

Realty Biz

MARCH 28, 2022

The good news is that new home sales are still above pre-pandemic levels. With resale inventory so low and rental occupancy rates high, the new-home market is close to the only game in town,” Wolf said in an interview. from the same month one year ago. In addition, new home sales rose quite substantially in the Northeast, up by 59.3%

Sales 102

Sales Pre-approval Construction Development 102

Marco Santarelli

MARCH 22, 2025

Sellers in Overbuilt Markets: Areas with an oversupply of new construction or apartments may experience price declines and longer listing times. If you're considering buying a home in this market, here's my advice: Get Pre-Approved: Know exactly how much you can afford before you start looking. What's a Buyer to Do?

Marketing 59

Marketing Pre-approval Lending Staging 59

HomeLight

JULY 25, 2022

And, even a home built with quality construction can fall into disrepair over decades or within an instant after a catastrophic weather event or other event tests or compromises its integrity. So, as a seller, there’s a pretty good chance your home will be evaluated by both an appraiser and inspector before closing.

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Inspection Pre-approval Loans Finance 111

Toronto Realty Blog

MARCH 10, 2025

Imagine that you’re purchasing a pre-construction condominium or a house that’s to be built by a developer, and these are closing well into the future. As I have mentioned many, many times before, I got into the real estate industry in 2004 when pre-construction prices were lower than comparable resale.

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Purchase and sale agreement Pre-approval Banks Construction 65

Marco Santarelli

JUNE 10, 2024

With overall inventory still significantly below pre-pandemic levels, a true market balance may be a ways off. The Federal Reserve's upcoming meeting in June is being closely watched, with some, like the National Association of Realtors (NAR), predicting a potential rate cut by fall. Mortgage Rates: A Potential Turning Point?

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Pre-approval Marketing Mortgages Technology 98

Toronto Realty Blog

SEPTEMBER 30, 2024

compared to Roger Clemens (pre-steroids) who put up a 10.4 But if you’ve been paying close attention to the Toronto real estate market over the last decade, then none of this should come as a surprise. month average waiting time from application to approval is down by 2.4 But his WAR was a paltry 2.9

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Pre-approval Development Land Construction 105

Realtor.com

DECEMBER 8, 2022

Well, here’s the thing: While making an offer and closing on a property should make you downright exuberant, the process of getting there generally involves a few tough truths. Can’t-miss tip: Many homebuyers pass over the importance of getting pre-approved for a mortgage before starting a house hunt.

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Pre-approval New Construction Inspection Construction 126

HomeLight

AUGUST 31, 2021

Don’t let the pristine facade or shiny appliances of a model home deceive you: buying new construction will be as complex as any old real estate transaction, if not more so. And if you thought buying new construction without an agent would save you a few bucks in commission, think again. Updated August 31, 2021.

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Agents New Construction Purchase and sale agreement Construction 128

Marco Santarelli

SEPTEMBER 1, 2024

Higher rates can greatly affect monthly payments and overall affordability, making it vital for buyers to pre-qualify for mortgages to ascertain their true budget. With a small-town feel, historical charm, and close-knit community, it provides more spacious homes for families looking to grow.

Marketing 98

Marketing Pre-approval Construction Renovation 98

Realty Biz

SEPTEMBER 23, 2023

They provide services such as guiding buyers through the home buying process, offering expertise in the local market, and assisting with negotiation and closing. Understanding the mortgage process, including prequalification and pre-approval, is also essential. What is your strategy for negotiation and closing?

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Purchase and sale agreement Pre-approval Agents Pre-qualification 70

Toronto Realty Blog

APRIL 27, 2022

Case in point: who among you knew that Daniels Corporation, who built every existing condo in Regent Park, had lost out on its bid to construct both Phase Four and Phase Five? Daniels will complete the last building of phase 3 (corner of Parliament and Gerrard) but once Tridel starts though, $1600+ PSF for pre con in RP? I think so!

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Pre-approval Construction Development Commercial 98

Realty Biz

AUGUST 3, 2023

It combines the benefits of cutting-edge technology with practical application in home remodeling and construction. Prepare Construction Documents : If working with professionals, create documents to guide construction. Project Management : Coordinating with contractors and managing the construction phase.

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Renovation Pre-approval Investor Construction 79

Realty Biz

AUGUST 29, 2023

We will provide the best tips to ensure a smooth construction process. Understanding the Construction Process When embarking on the journey of building a new house, it is crucial to have a solid understanding of the construction process. Buying new construction can be exciting but quickly become a nightmare.

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Construction Inspection Design Land 92

The Close

OCTOBER 13, 2020

The Close has you covered. As a part of his commission for the design and construction of the most famous Parisian landmark, Gustov Eiffel built and maintained ownership of a secret 1,000-square-foot apartment near the top of the Eiffel Tower. Looking for some conversation starters for your next Zoom office cocktail hour?

Land 140

Land Construction Pre-approval Closing 140

Toronto Realty Blog

MARCH 25, 2022

The organization also criticized the First-Time Home Buyers Incentive program, a shared-equity program launched in September 2019 that offers five per cent toward the down payment for a first-time buyer’s purchase of an existing resale home, or 10 per cent for a newly constructed home. March 24, 2022. March 23, 2022. From the article: B.C.

Purchase and sale agreement 104

Purchase and sale agreement Construction Pre-approval Development 104

Marco Santarelli

MARCH 13, 2025

This increased demand hasn't yet translated into closed sales, but the data clearly shows that more people are actively looking at homes. My advice is to do your research, get pre-approved for a mortgage, and work with a knowledgeable real estate agent who can guide you through the process.

Mortgages 52

Mortgages Pre-approval New Construction Sales 52

Realty Biz

JUNE 16, 2023

NewHomesMate enables homebuyers to search, find, compare, and buy new construction homes. The company's declared mission is "to make the process of purchasing a new construction home effortless and enjoyable for our builders and buyers." Step six : Have you been pre-approved by a lender? A simple yes or no choice here.

New Construction 84

New Construction Pre-approval Construction Investor 84

HomeLight

MARCH 6, 2023

Other reasons most appraisals are ordered include matters related to inherited properties and sellers who want a pre-listing appraisal. If you’re a seller: If desired, you can request a pre-listing appraisal, which sellers usually pay for upfront. Is a seller’s pre-listing appraisal worth it in California?

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Pre-approval Purchase and sale agreement Agents Loans 102

Realty Biz

OCTOBER 24, 2020

An individual who has only owned a property that was not in compliance with state, local, or model building codes and which cannot be brought into compliance for less than the cost of constructing a permanent structure. Additionally, 100% of the down payment can be a financial gift from a relative or approved non-profit.

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Pre-approval Principal Loans Closing costs 105

Toronto Realty Blog

FEBRUARY 16, 2022

Require mandatory delegation of site plan approvals and minor variances to staff or pre-approved qualified third-party technical consultants through a simplified review and approval process, without the ability to withdraw Council’s delegation. Allow wood construction of up to 12 storeys. Another no-brainer.

Pre-approval 97

Pre-approval Land lease Development Land 97

Marco Santarelli

MAY 11, 2024

Local factors like job markets, industry presence, and the pace of new construction can significantly influence housing trends within a particular state or even a metropolitan area. Additionally, programs that assist first-time homebuyers with down payments or closing costs can make homeownership a more attainable goal.

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Mortgages Marketing Equity Pre-approval 109

Toronto Realty Blog

JUNE 21, 2021

With an increasing population, we might expect that the number of new dwellings constructed is not in line with the number of new entrants to the market. HDB blocks are also being built with standardized construction systems. Previously you could get 104% to cover closing costs, but this was phased out last year.

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Pre-approval Construction MLS As-is 106

Point2Homes

OCTOBER 19, 2021

Ideally, the property should be a modern construction, with three bedrooms and two bathrooms, in the middle to upper price range for the area it’s located in. If the seller accepts your offer, you can then discuss closing the sale. Distressed properties or fixer-uppers may be cheaper but can pack higher renovation costs.

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House Flipping Renovation Pre-approval Finance 94

HomeLight

SEPTEMBER 15, 2021

Read on to learn more about the main documents* you’ll need for an airtight, legally sound home closing, as well as the bonus resources you’ll get if you do decide to work with an agent after all. Pre-listing inspection report. Past utility bills. Comparative market analysis. Listing agreement. Proposed marketing plan. Before you list.

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Purchase and sale agreement Inspection Title Pre-approval 116

Realtor.com

JANUARY 27, 2022

So the norm was before you started searching for a house, you get pre-approved so you know your buying power. Now, what we’re telling all of our clients is don’t just get pre-approved. Go all the way through underwriting and get a conditional approval. This is guaranteed to close.

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Pre-approval Renovation Design Agents 88