Passing the Stress Test in Toronto
The stress test is a requirement for mortgage approval and a way to ensure borrowers are not over-extending themselves financially.
Leverage my 35 years of expertise and knowledge in the Toronto real estate market to achieve your property buying goals. In my blog posts, I share actionable tips and insights to help you get the best return on your investment.
The stress test is a requirement for mortgage approval and a way to ensure borrowers are not over-extending themselves financially.
In Toronto, mortgage insurance is required by the lender when the borrower has made a down payment of less than 20% of the purchase price.
Using your RRSP for a home purchase in Toronto can be a great way to access funds, avoid high interest rates, and save on expenses.
Toronto MLS and Realtor.ca are two separate platforms used in the real estate industry. Learn the key differences between the two.
Understand the legal duties and responsibilities of a real estate agent and the level of representation and confidentiality they provide to their clients.
A buyer’s agent is a valuable asset for anyone looking to purchase a property in Toronto. Learn why you should consider hiring one and the best practices for working with a buyer’s agent.
Hiring an agent experienced in a buyers market can bring a wealth of knowledge and expertise to help buyers navigate the complex process of purchasing a home.
Real estate agents can provide valuable resources to buyers during their property search. They can help buyers find the perfect property and get the best deal possible.
Buying a new home before selling comes with pros and cons. Greater flexibility in timing and more bargaining power are some pros. Carefully consider your financial situation and long-term plans before deciding.
Are you considering a fixer-upper in Toronto? Learn about the advantages and disadvantages, such as cost, customization, and sense of accomplishment vs. time, effort, and stress.
Attending an open house unrepresented can raise some questions, such as “are you working with an agent?” This article provides tips on what to expect when visiting an open house.
The mortgage stress test is a way for lenders to assess the ability of a potential borrower to make their mortgage payments if interest rates were to rise or their personal financial situation were to change.
The deposit is an important part of purchasing a home in Ontario, Canada. This article outlines the purpose of the deposit, the potential consequences of failing to provide it, and other important considerations.
There are several hidden costs when buying a home in Toronto that can add significantly to the overall cost. Be aware of these costs when budgeting for a home purchase.
When buying real estate in the Greater Toronto area, research is key. Consider factors such as location, property condition, size and layout, potential for renovations, and more to make a sound investment.
David Silverberg is a highly accomplished real estate professional with over 36 years of experience in the industry. He has spent the 17 years specializing in the Toronto market, working with discerning clients in some of the city’s most exclusive neighborhoods. If you’re looking for a dedicated, experienced, and knowledgeable real estate professional to help you buy or sell a property in Toronto, look no further.
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Blog articles are meant to provide general information only and should not be considered as legal advice. It’s best to consult a real estate attorney and agent for questions related to your own real estate dealings.
* Individual new listing uploads may be delayed beyond 15 minutes based upon the MLS system
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