Central & Downtown Toronto Homes
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February 8th, 2010 
Scott Naida
Sales Representative

Coldwell Banker Terrequity Realty
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Did you know?

WHAT TO DO IN THE CURRENT ECONOMIC CLIMATE?WHY DO BUYERS NEED A REAL ESTATE AGENT? WHO PAYS THEIR COMMISSION?
It's not all bad news! For both BUYERS and SELLERS, a well planned approach can lead to success in any Real Estate Market. FIRST TIME BUYERS should always aim to OWN their own home, to avoid paying RENT. As the majority of Buyers finance their purchases, the interest rate you pay is as important as the purchase price. House prices have dropped, and those frustrating BIDDING WARS ARE OVER! Current interest rates are at record-breaking lows, making your monthly payments more affordable than ever! SELLERS who are contemplating purchasing a larger home can take advantage!!! Your starter home has not dropped in value at the same rate as a larger property. Interest rates are at the lowest levels and will rise when the economy gets better. Therefore your cost to move-up to a larger Home or Condo is LOWER than in the previous market.Real Estate Agents primarily represent the Seller in a Real Estate transaction. Buyers should always be represented by their own BUYER AGENT. All commissions are paid by the SELLER. One of the first things you should do before actively searching for a home, is find an Agent who will be YOUR representative. When a Buyer contacts an Agent concerning an advertised property, that Agent is already the Seller's Agent. Most often I work as a Buyer Agent, with the majority of my clients being first time buyers. In order to form a Buyer Agency, a contract should be signed which sets out that the Agent is working on your behalf, representing your best interests. Once a Buyer Contract has been signed, as your Agent, I owe you "Fiduciary Duties" (Accountability, Confidentiality, Competence, Obedience and I must act in Good Faith and Fully Disclose to you any information you SHOULD know.)
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WHAT BUYERS SHOULD KNOW ABOUT NEW CONSTRUCTIONRENTING VS. BUYING, WHICH IS BETTER?7 COMMON MISTAKES MOST HOME SELLERS MAKE
The most important fact for a Buyer to know about New Construction is the role of sales staff at the Sales Center. These sales people are employed by the Builder and their job is to represent the Builder's best interests - NOT YOURS! If you are shopping at New Construction Sales Centers, you should do so accompanied by your own Buyer Agent. Many sOne thing is for sure, we all know that we need a roof over our head. In most people’s case they end up having to pay either Rent or a Mortgage payment. If you can find a home with payments similar to the cost of Renting, buying is definitely a better use of your money. Generally, a home makes financial sense if you are going to live in it for at least 2 or 3 years. You don't have to buy your 1. FAILURE TO EFFECTIVELY MARKET THE PROPERTY. Good marketing distinguishes your home from hundreds of others on the market. Peak interest in a property occurs in the first few weeks it is on the market. Scott focuses on "blitzing" marketing efforts right from the start! All options are exercised -
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6 HELPFUL TIPS THAT ENSURE YOUR LOAN PROCESS GOES SMOOTHLYIS A HOME A GOOD INVESTMENT?
The loan and mortgage process doesn't have to be a frustrating and stressful process. What is most important? Be prepared before you sit down with your loan officer or mortgage broker. Here are some things you can do to help ensure successful results, as well as give you some control over your own For those wanting a steady return on their money, houses can be a sure bet. When the baby boomers started madly buying houses in the 1980s, suddenly real estate seemed like the path to instant wealth. The real estate market fluctuates constantly. There have been times when house prices have gone dow
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