| Recent Blog Posts by Szabolcs Pall | ||
Location, location, location... no longer enough!
Location, location, location is simply no longer enough.
You need to start thinking about Timing when trying to get the most out of your investment.
Of course location and size of the home will always be at the top of anyone’s list when assigning value to a property, that’s likely never going to change. But another important factor these days is price. ...
Posted by Szabolcs Pall
on February 6, 2012
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Why now is the best time to buy a houseDid you know … there are great incentives to help you get started in Real Estate? You may use up to $25,000 of your RRSP towards your down payment, and may qualify for an immediate rebate up to $2,000 on your Land Transfer Tax. The Government will kick in a $750 tax credit, not to mention the specials offered by key partners as part of our VIP program.
Posted by Szabolcs Pall
on March 17, 2011
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Home Ownership - Learn before you leap!My brother recently asked about what I thought was the best smart phone on the market. Sure there are tons of web-sites dedicated to this stuff, and he has probably read them all, but like most anything you purchase, it’s often best to ask someone who’s had some firsthand experience with the bloody things.
And it’s with that in mind that we decided to host a live session ...
Posted by Szabolcs Pall
on March 17, 2011
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3 reasons you should sell, now!
Waiting till spring? Here are 3 reasons why you should get your home on the market, right now! If it’s something you’ve been considering but are getting mixed messages from the industry and agents, here are my top reasons, why hesitating could end up costing you!
1) Interest Rates. The banks are practically giving money away. 2) ...
Posted by Szabolcs Pall
on November 11, 2010
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Why change the mortgage rules?
Image: Danilo Rizzuti / FreeDigitalPhotos.net
How do you characterize our current real estate market? Lots of buyers, not enough homes. Homes are selling at over and above the asking price as demand pushes excited home buyers, nervous at the thought of losing out on a home, to bid full asking price sometimes without conditions. While active listings are down from last year, we are already ...
Posted by Szabolcs Pall
on March 2, 2010
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Confused about your last offer/listing agreement?Did you fully understand the document you just signed? If you are a little unsure about your level of comprehension of the last listing/offer you signed, don't worry, you are not alone.
I've got a great example of a home owner who misunderstood one of the many important clauses in his Listing Agreement, namely in reference to the Holdover Period. This states that the seller agrees to ...
Posted by Szabolcs Pall
on February 5, 2010
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Has the market recovered?Markets in Canada and the U.S. rebounded in 2009 from a disastrous start to the year as investors warmed to signs that the recovering economy would boost profits? The TSX ended with a gain of more than 30% on the year. While this is positive news for our economy, it’s still difficult to predict the financial success of many investment opportunities. Real estate however, continues ...
Posted by Szabolcs Pall
on January 5, 2010
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Get a home inspection!The house I just purchased is roughly 40 years old. Although I had the opportunity to thoroughly look at the home before deciding to buy it, the piece of mind that an experienced home inspector gave me is well worth it.
As a realtor, I'm trained to look at those items in a home that a buyer might otherwise overlook. But it's hard to spot everything when caught up in the excitement, ...
Posted by Szabolcs Pall
on November 8, 2009
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Financing AssistanceFinancing Assistance is just another service that I provide to all my clients. This is your home, and it's kind of a big deal. Know how and where to get a mortgage (banks are just one source), and what financial incentives and assistance is available to you. ie. tax credits, rebates, RRSP. What sort of costs you can expect at closing? It's stuff that can put money in your pocket and ...
Posted by Szabolcs Pall
on October 1, 2009
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Condo purchaseI was recently approached by a friend, who required some direction on the purchase of his first condo. 'Michael' had visited the showrooms of a nearby developer and had received some encouraging news about "some really cheap pre-construction prices". But as a prudent purchaser faced with one of his biggest investments, Michael wrote to me asking for some advice on what questions he needs ...
Posted by Szabolcs Pall
on August 5, 2009
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CBC - The Hour - Real Estate Hot SpotsDon R Campbell - Real Estate Investment Network (Part 1 and Part 2).
Posted by Szabolcs Pall
on May 1, 2009
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Home Improvement Tax Credits?According to an article in the Globe and Mail this morning, providing partly refundable tax credits not just for energy efficient upgrades but also for general home improvement, could be part of the January 27th budget. The building industry is of course lending it's weight behind this idea, while others are not exactly supportive.
This could provide a stronger stimulus for our economy, because ...
Posted by Szabolcs Pall
on January 15, 2009
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