Monthly Archives: November 2015

Month: November 2015 7-Step Guide to Selling Your House In Toronto

1. Prepare to sell your house Home selling has become more complex than it used to be. New seller disclosure statements, longer and more mysterious form agreements, and a range of environmental concerns have all emerged in the past decade. 2. Find a Realtor® In the maze of forms, financing, inspections, marketing, pricing, and negotiating, it makes sense to work with professionals who know the community and much more. Those professionals are the local Realtors who serve your area. 3. Set the list price of your home Several factors, including market conditions and interest rates, will determine how much you

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Month: November 2015 Virtual Geo-farm to Grow Your Business

  Geo-farming has long been a core strategy in the real estate professional’s wheelhouse. Selecting a local neighborhood to farm can be highly rewarding process – winning you additional listings in the long run. But traditional geo-farming, essentially sending marketing collateral to every home in a given neighborhood, is a time-consuming and expensive process. Not only is geo-farming inefficient and costly, but also it can take years to begin to see a return on your investment. With traditional geo-farming, you are consistently delivering your brand and your expertise to people who may not be interested or ready for it. The

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Month: November 2015 Fiscal update erases projected surplus, Canada government expects $3B budget deficit

  The deteriorating economic picture means that the projections of last April are now about $6 billion per year lower, on average, for the next few years. That accounts for the projected $3-billion deficit in the current fiscal year and a larger $3.9-billion deficit next year, before eventually returning to surplus in 2019-2020. Part of that is the ongoing slump in oil prices. In April, the government was assuming a per-barrel price of $63 US and up for WTI next year. That’s been ratcheted down to $50 US a barrel. Even that lowered figure is $10 above where oil is currently trading,

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Month: November 2015 How bonds help cut your risk

  It’s been a rocky year for Canadian stocks in 2015. As of the close of trading on Nov. 16, 2015, the S&P/TSX Composite Index was down 9 per cent for the year, due in large part to a plunge of more than 17 per cent in the energy sector. It would take a huge, sustained rally to get us into the black by year-end. Don’t hold your breath. By contrast, bonds are on the winning side of the ledger with the FTSE TMX Universe Bond Index ahead 1.87 per cent year to date. That may not look very exciting

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Month: November 2015 Rogers Media agrees to pay $200,000 fine under CRTC’s anti-spam law

  Rogers Media has agreed to pay a $200,000 fine to the CRTC for allegedly sending unsolicited email advertisements. The fine was levied under anti-spam legislation which took effect last year. Porter Airlines agrees to pay $150K for emails violating anti-spam rules Compu-Finder fined $1.1M under anti-spam law Plenty of Fish dating site fined under anti-spam law   The CRTC says the apparent violations stretched from July 2014 to July 2015 when consumers found emails came with an “unsubscribe” option that wouldn’t function properly. Allegations by the regulator also say Rogers Media, a division of Rogers Communications, failed to honour

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Month: November 2015 522 St Clair Ave W, Toronto – SOLD – New Condo Investment Opportunity

You Are Invited To A VIP Condo Event For: The Investor Suites at Forest Hill ONE NIGHT ONLY Own For $10,399* Incredible Deposit Match Program* Investors: Earn 18.7% Return Per Year* Suites Starting From The 300’s 7 PM Wednesday November 25th 2015 To RSVP, please complete “Contact Max” form below and send email with your name and cell phone number and please mention ” VIP Condo Event For The Investor Suites at Forest Hill on November 25th” or contact Max Seal, Broker at 647-294-1177 directly. Prior “Investment Presentation” can be arranged in our “Presentation Office”. I look forward to seeing

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Month: November 2015 Custom-built house in Riverside sells in one day on market

  29 Lewis St., Toronto ASKING PRICE $949,000 SELLING PRICE $943,000 PREVIOUS SELLING PRICE $285,222 (2000) TAXES $5,124 (2015) DAYS ON THE MARKET 1 The Action: Riverside had no shortage of properties available this fall, but none were similar to this custom, three-storey residence less than a five-minute walk from Queen Street shops, restaurants and cafés. About 40 groups rolled through between three open houses and another dozen lined up for showings, but the first offer of $943,000 halted further marketing measures. What They Got: In 2000, a 25-by-66-foot lot was redeveloped to create this 1,740-square-foot structure with a unique

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Month: November 2015 Hydro One IPO helps net more than expected $5B for Ontario

  The Province of Ontario earned more than it expected from its recent initial public offering of Hydro One on stock markets, bringing the total financial gain to public coffers for monetizing the power utility to $5 billion — and counting. Hydro One said Thursday said the deal’s underwriters exercised their right to sell more shares in the company than first anticipated, known as an “over-allotment option.” All in all, the government was able to sell 89,250,000 shares in the utility to the public at an IPO price of $20.50 per share. That’s almost nine million more shares than first anticipated. The shares

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Month: November 2015 11 things your real estate agent won’t tell you but should

  Realtors live a conflicted life. On the one hand, they are salespeople. They only make money when their deal closes. On the other hand, they are consultants. They advise buyers and sellers throughout the deal process, ideally giving their clients advice that is disinterested from their own financial outcome. Often, these two objectives are aligned and there is no issue. For example, a listing agent makes more money if he is able to sell a house for a higher amount. However, there are many situations where the right advice for a client is not aligned with the agent’s monetary

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Month: November 2015 Home Warranty vs. Home Insurance – Do You Really Need Both?

  Whether you’re a current homeowner or prospective first-time buyer, you’re likely familiar with home insurance. You may have also heard the term home warranty. Many homeowners, new and current, confuse the two and think they are the same. In reality, a homeowners insurance policy and a home warranty are very different. Insurance is required, and you often can’t even get approved for a mortgage until you have insurance. A home warranty is optional, but highly recommended. The good news is that you can purchase a home warranty at any time, regardless of how long you have lived in your

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