Author: SLG

Losing your home can be a scary thought for any homeowner. A power of sale allows a lender to sell your property if you miss mortgage payments, fail to pay property taxes, or neglect insurance and maintenance obligations. When these responsibilities aren’t met, the lender can take control and sell your home to recover the … Continued

Selling a home during the fall and winter months may seem less ideal due to the seasonal slowdown in the real estate market, but for those considering selling to cash house buyers, these months can present significant advantages. Cash buyers offer a streamlined process that can be particularly beneficial in colder, slower seasons. Here are … Continued

More and more Canadians are finding they can’t afford their mortgage as rising interest rates and inflation squeeze household budgets. According to new data from Statistics Canada, more people in Ontario and British Columbia are missing payments, particularly in areas where housing is most expensive.* The financial strain is becoming more noticeable as people renew … Continued

After two years of interest rate hikes, the Bank of Canada has started cutting rates. When interest rates drop, it generally signals an opportunity for buyers to secure more favorable mortgage terms, which can stimulate demand in the housing market. But how long does it take for these lower rates to make a noticeable impact?  … Continued

When it comes to selling an outdated property or a property with issues, one of the key decisions sellers face is whether to sell the property in its current condition, often referred to as selling a house AS IS. This means putting the house on the market without making any repairs, upgrades, or offering warranties. … Continued

Selling your house privately can allow you to save on agent commissions and have complete control over the transaction. However, one of the biggest challenges homeowners face when they decide to sell their house privately is setting the right price. Price your home too high, and it may stay on the market; price it too … Continued

The speed of transactions can often be a crucial factor for both buyers and sellers. When it comes to selling a house, the traditional route involving banks and mortgages can be lengthy and complicated. This is where a cash house buyer can make a significant difference. But just how fast can cash house buyers close … Continued

As we move through July, the Canadian real estate market is abuzz with news of dropping interest rates. For many homeowners, the first question that comes to mind is, “Will I sell my house fast?” It’s a good question, considering that lower interest rates typically entice buyers into the market. However, while a decrease in … Continued

Selling your condo can be a rewarding experience when you have more control over the process and are potentially saving on real estate agent fees. Preserving privacy can provide peace of mind if you’re concerned about people knowing where you live or if you don’t want to generate unwanted attention. Agents may share the listing … Continued

Homeowners often find themselves contemplating with the decision of whether to invest in repairs or sell their house as is. During a buyers market, this decision becomes even more crucial. Selling a house as is can be both a strategic and beneficial move for sellers, but it comes with its own set of considerations. Understanding … Continued

As of June 25, 2024, the capital gains inclusion rate (the amount of capital gains that are taxable) will increase from one-half to two-thirds on capital gains realized annually above $250,000 by individuals and on all capital gains realized by corporations and most types of trusts. With these recent changes in the capital gains tax, … Continued

Selling your house privately in Ontario can allow you to avoid realtor commissions and maintain control over the entire process. However, it requires careful planning, knowledge of the local real estate market, and a thorough understanding of the legal requirements. Here’s a comprehensive guide to help you understand the process of selling your house privately … Continued