Can A Co-borrower Help Your Mortgage?

By: SHAN JAFFREY

Can A Co-borrower Help Your Mortgage?

Tags: mortgage, real estate, criteria, options, leverage, rates, mississauga, milton, oakville

Getting a Mortgage is not easy as it used to be, mainly due to the mortgage qualification rules and the skyrocketing real estate price, a great job, a good income still won’t be enough to qualify.   That is where a Mortgage co-signer comes in handy. If an applicant has a poor credit score, with a co-signer it becomes much easier to apply for a mortgage and in some cases, they may get ...Read More

JUNE MARKET STATS

By: SHAN JAFFREY

JUNE MARKET STATS

Tags: average price, home sales, real estate, mississauga, oakville, milton, realtor

June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the regular seasonal trend. The average selling price in June increased by double digits compared to last year as well, but the annual rate of increase moderated compared to the previous three months. Greater Toronto Area REALT...Read More

MAY MARKET STATS

By: SHAN JAFFREY

MAY MARKET STATS

Tags: REAL ESTATE MARKET UPDATE, GREATER TORONTO AREA, MISSISSAUGA, OAKVILLE, MILTON, REALTOR

Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and were below this year’s March peak. Despite a slight ebb in sales over the last two months, market conditions remained tight enough to push the average selling price to an all-time record in May. Greater Toronto Area REALTORS® reported 11,951 sales in M...Read More

The Cost Of Kitchen Renovations

By: SHAN JAFFREY

The Cost Of Kitchen Renovations

Tags: Kitchen Renovations, Cost of Renovations. increase value, investment, real estate,

I was recently asked that question by a client and I gave them a rough estimate. I then realized that I have been quoting the same amount for a couple of years now. So, I did some research and found out what it would cost to do a kitchen renovation today. I did the research so you don’t have to. You’re welcome. Ten years ago you could get a very basic kitchen done for about $10,000. L...Read More

Conventional Beauty

By: SHAN JAFFREY

Conventional Beauty

Tags: real estate, standard, home, house, comfortable, excess, family

Often times a certain type of house may become really popular and people start using that particular house as a standard when shopping for their next place to live. This popularity could have been a result of a design from an award-winning architect. Or that particular type of home was what was shown in movies and became ‘The’ type of house to have. Who knows? All I’m saying is ...Read More

It Can Seem Unfair

By: SHAN JAFFREY

It Can Seem Unfair

Tags: real estate, hot market, low inventory, multiple offers, faith, patience, positive, why, mississauga, oakville, milton

You’ve been looking at homes for a while now and initially you started with a long list of ‘must-haves’. After seeing that homes are selling for over asking price and with five to ten offers your list of ‘must-haves’ has shrunk. Like by a lot. And yet still you find your self with limited options and mounting frustrations. Yes, it can seem unfair. But at the same tim...Read More

APRIL MARKET STATS

By: SHAN JAFFREY

APRIL MARKET STATS

Tags: real estate market update, greater toronto area, mississauga, oakville, milton, realtor

GTA REALTORS® Release April 2021 Stats Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. Bucking the regular seasonal trend, April 2021 sales actually declined month-over-month. A similar trend was noted for the number of new listings reported. GTA REALTORS® report...Read More

March Market Stats

By: SHAN JAFFREY

March Market Stats

Tags: MARKET UPDATE, SALES UP, PRICES UP, LOW INVENTORY, HIGH DEMAND, LOW INTEREST RATES, real estate, value, buyer, seller, mortgage rates

GTA REALTORS® Release March 2021 Stats For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy. GTA REALTORS® reported 15,652 sales in March 2021 – close to double that of March 2020. While sales were strong, it...Read More

FOR SALE - 3121 Bracknell Cres., Mississauga

By: SHAN JAFFREY

FOR SALE - 3121 Bracknell Cres., Mississauga

Tags: for sale, meadowvale, mississauga, detached home, 3 bedrooms, double car garage, real fireplace, finished basement, mature lot

    ...Read More

Selling Your Home During the Pandemic Safely

By: SHAN JAFFREY

Selling Your Home During the Pandemic Safely

Tags: covid-19, variants, real estate, family, minimize the spread, reminders, face masks, pandemic, sellers market, offer day, mississauga, upsize, downsize

As soon as we feel like we’re getting a grip on the pandemic it surprises us with a different twist. New strands of the virus that are not only affecting younger people but may also require newer vaccines. The smart thing to do would be to put off selling your home until the situation gets better. However sometimes you don’t have a choice and you absolutely have to sell. Death of a spo...Read More