6 Critical Things To Determine Prior to Offering on a Toronto Condominium.

6 Critical Things To Determine Prior to Offering on a Toronto Condominium.
Typically, in a normal market, you would make your condominium offer conditional upon status certificate review by a lawyer. However, given our current Toronto market conditions with bidding wars, any condition on your offer can kill the deal. It is common in this market, for the listing agents to pre-order the status certificate and there are some things you can pre determine on your own or with your realtor, prior to putting in an offer.   A status certificate contains pertinent information about the individual condominium unit. Among other things, the certificate would indicate if the current unit...
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5 Tips For Keeping A Cool Head In A Red Hot Market

5 Tips For Keeping A Cool Head In A Red Hot Market
Knowing the right questions to ask and steps to take before starting the house hunt is one way to help keep emotions in check. And, many common home buying missteps can be avoided by following these five tips. Read and understand everything before you sign When you hire a real estate representative to help you buy or sell a home, you will be asked to sign an agreement that defines your relationship with the representative’s brokerage. It is a legal contract that contains rights and responsibilities for both parties. Similarly, if you purchase or sell a home, you will be asked to sign a legal...
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What To Do When Your Water Pipes Freeze

What To Do When Your Water Pipes Freeze
Frozen Water Pipes The pipes in your home can freeze in cold weather. This can leave you with no water or cause your pipes to burst, leading to expensive property damage. Take steps to protect your pipes from freezing and learn what to do if they freeze. Understanding your water service pipe  Ensure you know the location of your master water shut-off valve. If the pipe breaks you will need to immediately shut off the water in your house until the pipe is repaired.       Water service pipes are owned by you and the City. The part that the City owns runs from the watermain on the...
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Cleaning Your Furnace Can Save You 15% On Your Heating Bill.

Cleaning Your Furnace Can Save You 15% On Your Heating Bill.
A clean furnace filter can cut your heating bill by 5 to 15 percent. Cleaning your furnace filter is an easy and cheap way of reducing your energy costs and improving your indoor air quality. If you are running your furnace consistently throughout the winter, it is best if you inspect your heater’s filter once a month. If you are still using disposable fiberglass filters, it is time for you to get a permanent filter. Fiberglass filters don’t work as well reusable ones, and they are wasteful. A decent reusable filter can be purchased for under fifty dollars. That’s worth the...
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Toronto homeowner fined $10,000 for using agencies like Airbnb

Toronto homeowner fined $10,000 for using agencies like Airbnb
Justice of the peace wants to send message to stop short-term rentals. The defendant was “thumbing his nose at the community and the city,” he said. An empty wine box sits on the street in front of the house 5 Glenelia Ave. last March. The house was a notorious destination for short-term renters and the owners have been fined $10,000 for violating Toronto bylaws. A justice of the peace has imposed a $10,000 fine on the owner of a Willowdale home who violated city bylaws by accepting short-term renters, often using web sites such as Airbnb to find them. Justice of the Peace Gerry Altobello rejected...
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New Toronto Land Transfer Tax Hike

New Toronto Land Transfer Tax Hike
Toronto City Council has approved changes to the Toronto land transfer tax percentages for some home buyers with closings March 1, 2017 or after. The good news is that first time buyers will not be affected. A recommendation to harmonize Toronto’s land transfer tax with the province’s rates will cost other residents an additional $750 to move house. NEW CHANGES TO TORONTO LAND TRANSFER TAX! City of Toronto Council has approved changes to the Toronto Land Transfer Tax that mean additional Toronto Land Transfer Tax costs for some home buyers with a closing date on or after March 1, 2017,...
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35 Things Every Homeowner Must Know To Prevent Expensive Screw-Ups

35 Things Every Homeowner Must Know To Prevent Expensive Screw-Ups
35 Things Every Homeowner Must Know to Save Money and Prevent Big Screw-Ups Protect your biggest investment, make smarter decisions, and avoid costly mistakes. Save Hundreds Simply   Technicians report that up to 30 percent of their service calls require only the push of a button or the flip of a switch. Those small actions can cost you a minimum service charge (typically $50 to $100)—plus embarrassment. Try these tactics first. Check a Warm Fridge’s Temperature Dial  Make sure it hasn’t been turned way down. Kids may have messed with it, or someone might have bumped the knob. Also, make...
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5 New Year’s Resolutions Every Homeowner Should Make

5 New Year’s Resolutions Every Homeowner Should Make
2016 is coming to a close, and with the new year just around the corner, people across the world are gearing up to set their intentions for the upcoming year in the form of New Year’s Resolutions. And while you’re bound to make at least one standard resolution (like “finally get in shape” or “eat more vegetables”), as a homeowner, there are some home-specific resolutions you’ll want to think about to get the most out of your property and the experience of owning a home this upcoming year. Here are 5 New Year’s Resolutions every homeowner should make for 2017: 1. Bump Up Your Mortgage...
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S.M.A.R.T. Get Smart With Your Success Goals

S.M.A.R.T. Get Smart With Your Success Goals
At this time of year, people traditionally set goals for next year. Do you have something you want to achieve over the coming months? If so, then you’ll have a much better chance of reaching your goal if you make it “SMART”. SMART is an acronym that refers to the five ingredients of a successful goal: specific, measurable, achievable, realistic, and time-bound. It is based on the work of famed management guru Peter Drucker, but the technique is equally applicable to personal goals. Here’s how it works: Let’s say your goal is to lose weight. To make this goal SMART, you would need to make...
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Tips to beat the holiday blues

Tips to beat the holiday blues
We’re supposed to look forward to the holidays and hope that they will be a time of happiness, friendliness, fellowship, and harmony. Yet often our anticipation and excitement turns into feelings of depresion, commonly called holiday blues. Symptoms can include headaches, insomnia, uneasiness, anxiety, sadness, intestinal problems, and unnecessary conflict with family and friends. Part of what happens in the holiday season, in terms of mood changes and anxiety, may occur because of the stressfulness of holiday events. Overdrinking, overeating, and fatigue may also cause it. The demands of the...
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August Is A Great Month To Plant More Seeds

August Is A Great Month To Plant More Seeds
August is an ideal time to plant seeds for a second gardening season that can be as productive as your major early spring plantings. Late summer is the time to plant these vegetables and herbs. Beans: Start planting both bush and pole beans now that the soil and air are warmed up. Try a continual 7-10 day sowing of different varieties. This will give you continual bean crops and not one large harvest with wasted crop. Early August is the last practical sowing date. Suggested variety: Contender, Kentucky Wonder, Topcrop Cucumbers Fast growing vine or bush cucumber plants can produce an abundance of...
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Mowing Your Lawn the Correct Way

Mowing Your Lawn the Correct Way
Grasses are like most plants – if you clip off the growing points (for grass, it’s in the crown, where the new leaves develop), the plants branch out and become denser, which in this case, turns thousands of individual grass plants into a tightly woven turf or a lawn. If you didn’t mow at all, your yard would look more like a prairie than a lawn. But the mere act of mowing isn’t what makes a lawn look good. Mowing height and mowing frequency determine how healthy and attractive your lawn looks. After all, cutting a lawn is stressful for the grass. Know the equipment. Read...
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