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Further Restrictions Imposed in Light of Record COVID-19 Numbers

To keep you abreast of developments in local real estate, I share this notice to members of the Toronto Regional Real Estate Board with you. The province has announced several major new public health restrictions in an effort to deal with record daily COVID-19 case counts and intensive care admissions. ...

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Super-strong Housing Market Is Far from Risk-free

RBC Economics Publishes – Canadian Housing Health Check, March 2, 2021 By Robert Hogue A report for an assessment of key Canadian housing market indicators. This is a report worth your time reviewing because it gives a lenders perspective on the current housing climate. Here are some of the highlights…link to ...

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Rent Relief Requests and Other Residential Real Estate Tenant/Landlord Issues

With Canada’s labour market experiencing layoffs as Covid-19 forces the shutdown of major industries, over a million Canadians have applied for unemployment benefits. Many tenants will have to make due with less income. At the same time the real estate market is hot and investors with rental properties want to ...

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Additional Costs When Buying a Home

The purchase price of your home is only one of the costs you’ll encounter. Here are other possible costs you need to consider: Mortgage loan insurance: If you are putting less than 20 per cent of the house value down, you’re going to need mortgage loan insurance. Depending on the ...

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Rent Relief Requests and Other Commercial Real Estate Tenant/Landlord Issues

The COVID-19 pandemic continues to disrupt public health and economic activities across the globe. While the full effects of the virus remain to be seen, we need to be prepared for what could be a challenging time. Relationships between tenants and landlords will be disrupted as millions of people shelter ...

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Beware of Phishing Emails

What is Phishing?  Phishing is a cyber attack that uses disguised email as a weapon. The goal is to trick the email recipient into believing that the message is something they want or need — a request from their bank, for instance, or a note from someone in their company — and to click a ...

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Pre-Emptive or “Bully” Offers

My salesperson showed us two property listings and, in both instances, we wanted to submit an offer. But the properties were sold before the posted offer date. How can this happen? In a seller’s real estate market, you can expect to find that more than one buyer is interested in ...

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