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The Large Print Giveth, and the Small Print Taketh Away.
I met with a couple this past week, and our conversation reminded me of an important lesson I learned a few years ago. They shared that they were dealing with a professional who needed them to sign a rather sensitive document. The person emailed the copy to both clients, and the couple looked at the…
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What is behind the ‘Cash for Homes’ Boulevard Signs?
Earlier this year, a client approached me to help sell his family home after his mom had passed. He mentioned the next-door neighbour (who actually had a rental property next to his parents’ home) had offered him a cash offer to sell. In the end, we listed the home for sale and attracted multiple bids,…
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Bank-Owned Power Of Sale Properties: What you should know
The inventory of homes for sale is building. At the end of August, we had 1,065 homes for sale in Durham Region, and as of today, we have 1,771 homes for sale. That is an increase of 66%! This is a good thing for Buyers, right? Well, in some cases, yes and in others, no.…
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How Important is Local Media?
Bombshell news from last week. Metroland has filed for bankruptcy. In case you are unaware of Metroland they are the company behind the largest local print newspaper in Durham Region. They publish under the name “This Week” in most of the communities of Durham Region, and in total the company will cease to print 70…
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When Statistics don’t tell the Truth
Here is a snapshot of Oshawa, Whitby and Clarington:Average Detached Home sale: July/23 August 21/23Oshawa: $906,000 $874,000Whitby: …
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Can you Buy a Home Making $90,000/year?
Sometimes it happens to the best of Realtors. I hosted an open house 45 minutes from my office on the weekend and when I got home, I realized I had the key in my pocket. Early this morning you would have found me zipping up north to put the key back into the lockbox. On…
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Is it Time to Head in the Opposite Direction?
We recently saw a concert at Ontario Place. It was the Tadeshi – Trucks band, and if you like Southern guitarists, you would love this group of Southern rockers. I thought as we were waking into the show, literally in a sea of people, that we had really no control over what direction we were headed and it…
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Why Experience Matters
Something fascinating happened over the past few weeks. I was contacted by a Seller who had listed his home with a friend, and after a few weeks he terminated the listing and approached me to see if I could sell his home. His friend, an agent from Toronto gave him a “good deal” and brought…
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Sales Storytime: 2 Homes, Same Street, Different Results
The story of two homes that were sold on the same street, and how the results were 180 degrees different. I listed a home for sale that had been owned by the same family for over 60 years. It was in original shape, not in poor condition however it needed upgrading throughout. My guess was…
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Understanding Real Estate and Investment Cycles
We are 3 weeks into the 2nd quarter and the “fortune tellers,” meaning, the people who sit around tables in coffee shops, chatting in a bar over a beer or even milling about after church service are surprised that their predictions are not coming true. You might be curious what predictions… the ones predicting the…
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