Archive for Toronto Home Owners

Have A High Toronto Property Tax Assessment?

A high Toronto real estate property tax assessment can be appealed, and if this is successful homeowners can save thousands of dollars each year. When you receive your notice of assessment, there are instructions on how to appeal included. If you have a strong case, there’s really no reason why you won’t be successful in [...]

Toronto Real Estate: The Media Game

While perusing through the recent Toronto real estate headlines regarding market stats from September, two things stand out: several headlines pointing out that Canada’s September home sales have fallen a whopping 20 per cent from September 2009, and one puny headline saying that Canada’s home sales have risen three per cent this September. So are [...]

Avoiding Toronto Real Estate Fraud

The real estate market is stable in Toronto right now, but with a stable or booming market comes an increase in real estate fraud, namely mortgage fraud. There are two common types of real estate fraud: using “straw buyers” to voluntarily sign away their good credit by putting their name on a mortgage application for [...]

The Recession Has Taught Potential Toronto Real Estate Buyers The Value Of Smarter Choices

The results of a recent poll of potential Canadian homeowners were presented at the 37th annual Canadian Home Builders’ Association conference earlier this year. Some of the key statistics presented in the poll were: • 24 per cent of Canadian homeowners plan to sell their home and buy another one within the next two to [...]

Toronto Income Real Estate And Claiming Business Losses

Thanksgiving weekend is the unofficial closing of cottage country season for Greater Toronto Area vacation real estate owners. The leaf colour changes have reached their peak, and soon the temperature will drop too low to be palatable during the majority of evenings on the lake. Those summer nights around the campfire and fishing opportunities are [...]

How Old Is Your Toronto Real Estate?

Older homes certainly have their charms. They have a history that newer homes simply cannot duplicate and more often than not have quite a few stories to share. However, the age of your home can pose a couple of significant threats to your family’s health if it was built more than 50 years ago. The [...]

Prepping Your Toronto Real Estate For Fall

The leaves are changing and the weather has already cooled in Toronto, but before winter comes you might want to get some fall maintenance done in order to both protect your investment and help you save money on your heating bills. If this maintenance is not done before winter, serious floor damage could occur and [...]

Toronto Real Estate And Marriage: Food For Thought

The Toronto Star reported on an interesting case this week, where a couple married in a religious ceremony without getting a civil marriage license and lost their ability to claim rights to their mutual Toronto real estate if they were to ever separate. In 2004, the couple was married by a religious leader under Sharia [...]

Toronto’s Housing Market Won’t See The Same Issues As The United States

The Canadian housing market has cooled slightly after record-highs and now we’re faced with news that the housing market in the United States is floundering even more than when compared with previous months. Approximately 10 per cent of American homeowners are projected to be at risk of having their homes foreclosed on in the near [...]

Toronto Homeowners Like To Move: Survey

A new survey by Toronto-Dominion Bank has found that Canadians like moving. Approximately 20 per cent of Canadian real estate buyers have owned more than five homes in their lifetime, and nearly the same amount of Canadians are planning on moving within six years. Fewer than a third of those surveyed said that their next [...]