These events are held on a regulars basis as we work with a number of builders. You will be the first to know of what becomes available before the public does.

Benefit of attending our events are:

1. You will get the best units with best floor plans
2. You will have the price much less than what public will pay
3. You get to know our other offers and opportunities coming up
4. You will owe a property without paying the full price 
5. You don’t need to worry about the financing till closing
6. You can buy a property for as little as 5%

All and all you can save and be sure you have taken another firm step toward a great investment. Real estate is a sound investment, having a special pricing is the icing on the cake.

Be sure not to miss our next even; simply contact us and we’ll reserve a spot for you in our next event.

The post Don’t miss our next event appeared first on Buy and Sell Properties in GTA.

We also would like to make it convenient for our client, so if our office is far from where you live, we can arrange for a meeting at a convenient place for you as well. We always appreciate and welcome you and your referrals so if you know someone who might be looking into buying, selling or investing we will take care of them just as we do for our clients.

Our office is located at the heart of Mississauga, conveniently right across from Square One. If you need more direction feel free to contact us.

The post A day at the office appeared first on Buy and Sell Properties in GTA.

Since we value our clients we only partner with the best in the industry. We do have connection in mortgage, legal matters and interior design and a whole lot more. These professionals are the ones that we have either worked with in the past and have received positive feedback from or our associates. Either way you can be rest assured that you will received best of the best when dealing with us.

We have helped many folks in buying, selling, investing or even leasing properties throughout Ontario. We do also offer referral services in you have plans on moving anywhere in the U.S. or Canada, or even overseas. Simply provide us with some details and what you plan on doing and we’ll help you with the rest. Simply visit our testimonial page and review what our previous clients say about us! If you are a present or past client we would also appreciate your feedback.

In our team we do go the extra mile to achieve the best result possible. We also like to keep in touch with our clients keep them informed of the ever changing real estate market. Simply scroll down the page and enter your email to subscribe to our newsletter and you will be updated as soon as one becomes available. Also keep in mind no question is a bad question so if you have one or simply like to chat contact us and we’ll be happy to respond. We are always available and willing to meet you over a coffee to see what plans you have for your future that would involve real estate.

The post Just a simple post appeared first on Buy and Sell Properties in GTA.

Rent to own can be a very effective and efficient way of purchasing a property for folks who do not have enough down payment or not high enough credit score, but please bear in mind that problems could occur without enough due diligence for everyone involved.

How does it work?

The tenant and the owner sign an Option to Purchase agreement whereby the tenant pays the landlord a fee and thereby gathers the right to purchase the property in a set time typically a few years from that date.

How much is the fee?

It usually is about 2 %~2.5 % of the purchase price.

Is that the entire amount that tenant pays?

No, tenant will pay the rent plus a small amount toward the down payment of the purchase price of the property. Usually this would end up being close to 5% of the purchase price of the property.

What is the benefit of doing rent to won?

As mentioned above the most common reason that people go with this contract is that they either do not have enough down payment for the property they are trying to purchase and they chose this method. Another reason they might want to go with rent to own is that they do not have a high enough credit to be approved for the mortgage hence choosing the rent to won option while they are increasing and improving their credit score.

By doing so, you could also benefit from some other advantages such as trying the neighborhood before purchasing the property to see if you like living there or not and if it doesn’t suite your lifestyle you could cancel the contract.

Another benefit is that once you sign a contract with the buyer you will be paying a certain fixed amount at the closing date of your contract do if the market has fluctuated and the price of this property has gone up you would still pay the same amount specified in the contract no matter what.

Now, on the other hand if the market collapses and the prices drop if you decide not to go with the contract you’d have that option and you could withdraw from it.

This period should give enough time to the tenant to build their credit score and also gather more down payments by the specified date on the contract.

This could also be beneficial for the landlord, as the tenant would take an extra care of the property while they are living there, since they will be the future owners of the property.

One of the more common issue is the middle men coming between the landlord and the tenant as they will charge a fee to manage the property should the contract doesn’t close with the tenant and the deal doesn’t go through. If that third party disappears all would be wondering who owes whom and who owns what and what rights they have. There also are instances in which the property has a second mortgage, which could also cause the tenant to evacuate the property should it go into default.

For folks who do not qualify for a mortgage the rent to own might be the best option but do not forget that just because you are going to through this option you should not take it as serious as purchasing a property as the Rent to Own contacts should be just as much paid attention to as if you were going through a purchasing of a property.

Now, what are the disadvantages to the rent to own option?

There are also some downfalls to this option. One being is that if you withdraw from the contract for any reasons you would lose the option payment. And also the profit you’d make is fixed at the time of the contract.
Also one thing that tenant should bear in mind is that, usually it is mentioned in the contract that if the tenant fails to pay even one month of rent the option and the contract is void and that they would lose the option of buying the property. If that is something you like changed in the contract you should have it revised so as long as the tenant pays the rent on a timely fashion they contract should be binding.

Also Landlords should pay attention and make sure that option payment is covered in a separate agreement. If the option payment is included in the lease it will be very difficult to get the tenant to evict should they be in default.

As a precaution there are a few things you should do.

One would be going through land registry office and obtaining a copy of the owners’ title record. Doing that would allow you to know who actually is the property under the name of and how much of a mortgage is registered under that particular property. Off-course, there is a fee associated with that. Having said that such fees rather be paid than saved as it could prevent much higher damages if you have not done your homework right.

For purchasing a property the deposit is held in a trust account of a brokerage until the closing date of a contract. That should also be the case for a rent to own agreement. It should not be paid to the landlord or any other third parties.

Another very important precaution that should be taken is to register a lease or the agreement against title. This way the tenant is protected against any possible issues that might arise. Again there might be a fee associated with that, but such fees are better paid than saved.

Another very effective way is to run everything by a lawyer and

get legal advise

to make sure everything is done right and just in case anything happens in future your lawyer would be the one taking care of the issue. And as always try avoiding third parties trying to interfere in the process by offering you some incentives to get involved and get some rights in the property. This step is the most important step as it would protect both parties to make sure everyone on the contract understands all the terms and condition mentioned in the contract and there are no ambiguities to prevent further issues.

This option of purchasing a property could work beautifully for both landlord and the tenant of prepared right and if all the necessary precautions have be addressed.

Babak Sobhani

www.EasyHomeTransaction.com

The post Rent to Own appeared first on Buy and Sell Properties in GTA.

Owning a property, although sometimes on the surface may appear to be
more expensive, actually is a much better deal.

Let me give you a example.

If you bought a house that was $100,000 that had a $1,000 a month
payment it would cost you $12,000 a year to rent that property.
$12,000 that you never would see again, plus you don’t get cred~it
from the IRS.

If you bought that same property for $100,000 and it cost you
$1,200 a month to rent. On the surface it looks like it would
cost you $200 extra a month which turns out to be $2,400 extra
a year.

Lets look at the reality of this situation.

You are actually buying this property so if you have a mort~gage
on this property, you are going to be able to take the mort~gage
interest, which typically will be close to $1,100 a month, as a
deduction.

So you’re looking at $12,000 a year as your interest deduction.
That means you can reduce your taxable in~come by $12,000. If you
are in a 35% tax bracket you are looking at about $4,000 of real
dollar savings on your in~come tax just from owning that property.

So with a $4,000 savings… already your payments have dropped
from $12,000 a year down to $8,000 a year.

Now lets look at the next magic thing, which is appreciation.
If the house goes up the same as the national average, which is
about 6% a year, the $100,000 property will go up to $106,000
in value.

So, you’ve made $6,000 on your property in one year.

Let’s subtract that $6,000 savings form what’s left of your
monthly payment, which is the $8,000 we mentioned above. Remember,
you paid $12,000 for your monthly payment minus $4,000 in your
tax saving, minus $6,000 in your appreciation.

Now you’re down to $2,000 a year in the cost of purchasing your
new home. This is a great deal and a way great to buy property AND
a great way to build a long-term asset.

Most people’s biggest asset is their home and if you’re renting
all your life, you’re never going to build that asset. I know my
parents walked away from retirement with a beautiful asset… their
own home.

I also know that several friends of theirs, who didn’t own their own
home, didn’t have that asset and are only living on Social Security now…
which barely covers their rent.

So this is a big and important asset that you should be purchasing
for yourself.

By buying these properties “rent to own,” you are getting that much
closer to actually having your name on the deed of that property.

We’re going to take you through that process of getting a loan.
We’re going to show you how long it takes you to get a loan. How
to get your cred~it repaired in a way that makes it possible for
you to buy it, or, a way to verify your in~come so you can afford
these loans.

When you do take out a loan, it is more than likely your monthly
payment will be less than your rent. A lot of times, we will see
a $1,200 a month payment drop down to $900 or $1,000 a month. So
you can save $200 to $300 a month because the interest rates are
still good.

Anyway, I just wanted to give you the heads up on what it really
means to be a homeowner beyond just the value of owning a home
for your family. There is great value, financially, for everyone
in owning their own home.

When you find these properties, let us know… or if you find a
property on our list that you like, please let us know and we
will arrange a private showing for you and get you going as quickly
as possible.

Babak Sobhani

www.EasyHomeTransaction.com

The post Rent or Own? appeared first on Buy and Sell Properties in GTA.

How fast do you like your property sold? I’m guessing ASAP. What factors should you consider when listing your property online or when you have your agent list it for you! There are vast majority of topics to cover when coming across this topic.
Fist of all what does the term “online marketing” mean! What website have more power in terms if marketing your property. Do social media have any role in it? These and a lot more question are the most common questions that a seller might come across.

At the following I’m going to cover a few tips that Seller’s should bear in mind when selling their property and using the online marketing method.

How your property is marketed online!
When selling your property whether it is through an agent or if you intend on selling it yourself, always monitor your performance online. As most cases, usually the job is left to the professional due to the fact that most people don’t like to get involved in something they have no clue about which at the end could result in misery rather than enjoyment.
If you have gone to an agent to list your property, which again is the more reasonable thing to do, bear in mind to monitor their performance online.
Nowadays, online marketing has quite an effect on how fast your property sells, and if you have left that responsibility to your agent to have your property marketed online through different website and social networking sites or even the Multiple Listing Services site that is provided to the agent to advertise their property, be sure to have those advertises in regards to your property checked to make sure they are attractive enough and also they have enough details to show the qualities that you like showcased.
Even though marketing is a part of the bargain it won’t hurt to check the performance of the agent to make sure they have done their job to your satisfaction.
You are also able to look at the listing on the market as if you are buying it yourself to see what pointers you could draw and remind your agent of so that your listing is as appealing to your prospective buyers as it is to yourself.

If you have done some Real Estate transaction in the past mostly if you have bought a property before, I’m sure you are familiar with the trend that it takes for prospective buyer to become a potential buyer and finally buy the property.

First you’d have to point out the details that you are looking for in your future property to your agent with whatever details you have in mind. Your agent in return would come up with the search he has done on the market considering the details you have mentioned and would forward you those listing by email in most cases or might show them to you once in the office.

From this point the properties that have been showcased the best would attract the most people to come by and visit them and in some cases even thought the property might have better qualities there is a chance it might be omitted out of the others if they have not shown something to catch the eye of the buyer. Hence the marketing and showcasing your property does play a significant role in the speed of selling your property.

Most listing have number of pictures of your property on them, if the pictures are not taken the way they should be taken, that by itself could also decrease the chance of your property getting picked out of the stack of all others. So, make sure your listing is compelling and by that I mean in all aspects of it whether it is the pictures, the details, or the description.

These days mostly people don’t have time to come and check every single property that have been handed to them by their agent and most agent would not like the idea of looking at 40 properties a day anyway. Hence, it is crucial to catch the eye of the buyers and their agents by having the best advertise you could have online when listing your property otherwise you might lose that prospective buyer.

For more details on
• How to market your property
• How to take pictures of your property
• What to say in your listing
• What details your are out to mention to the buyers and what you could overlook
• How to attract more people to see your property
• How to stage your property
• What is your property worth
• How to make most out of your property
• What you could take with you when selling your property or what has to stay
And a lot more please visit: www.EasyHomeTransaction.com

More tips for buyers and sellers will continue next….

Babak Sobhani
www.EasyHomeTransaction.com

The post Online Marketing appeared first on Buy and Sell Properties in GTA.

You have them all around your property but you won’t notice their chipping and aging to have them maintained till it is too late and till they start leaking water into your property. Have your windows inspected from time to time to make sure there are no defects associated with them and if there are better fix them before the problem gets bigger.
Depending on the design of your property windows having the hinges lubricated once in a while probably is the easiest and most effective way of preventing the annoying noise they’d make it also could prevent them from rusting.
The edges of your windows where they touch walls are mostly sealed using caulk. Throughout the years those caulking tend to deteriorate and crack. The energy efficiency of your property might decrease by the air that would flow through those crack whether in winter when you are using heat or in summer when you are using air conditioners.
Caulking those cracked areas and having your windows repainted aside from preventing energy lose could give your property a better look. The exterior of your property does a great deal of difference should you decide to sell your property of your asking price as all these factors would be taken in to the consideration when pricing your property.

Repainting the windows might also be a good idea specially as they are exposed to the climate changes and rain and snow in winter. The exterior of your property is the first place anyone sees and could represent the style of the interior of your property, having it in great shapes could represent your property as an elegant and stylish home.
If there is iron used in making of your exterior windows or if it is entirely made up of iron it sure would prevent it from rusting. Having rusty windows is something you would want to avoid having.

Babak Sobhani
www.EasyHomeTransaction.com

The post Windows appeared first on Buy and Sell Properties in GTA.

You haven’t been a homeowner long if you have not come across this issue. Once in while, even though very unpleasant, every homeowner faces a backed up and plugged plumbing that requires some unplugging. It is not something that requires extensive knowledge but rather some tools and a good shower after all!
They could also be stressful as there is an urgency to have them done ASAP. They unlike a leaky faucet washer need to be taken care of immediately.

No need to panic though, all you required to do is keep calm and start by having your plan from start to finish to make sure you won’t mess anything up by rushing into doing something you’d regret after it’s done. Try to see if you can find any foreign object blocking the way. That is the most common case and it could easily be take care of. Especially if you have small children most probably they have thrown something in there just for the fun of it to see what happens.

If that is the case all you need to do is to put some good gloves on and fish out the object and the problem is solved. Now, there are cases where the object is far in and can’t be reached in that case you might want to dump a big bucket of water and start plunging using a flanged plunger, that usually does the trick. The other option if that doesn’t work is to use plumbing snake or clause auger.

If you have tried all these and none worked so far, you might want to head to your local hard ware store and grab carbon dioxide cartridge delivery tools or compressed air that would apply enough pressure to push the object out of the way.

If all fails then you might want to unassembled the plumbing and remove the object that way. Anything you do make sure as mentioned before you have planned for it and also have gone over your plan, to prevent any silly mistake that might leave you frustrated. Especially if you are doing this on a Sunday evening, and you forget to buy something you need from your hardware store before they close you might be just a bit more than frustrated.

Babak Sobhani
www.EasyHomeTransaction.com

The post DIY: How to Unplug a Backed up plumbing! appeared first on Buy and Sell Properties in GTA.

Faucet washers are probably the most common and easiest DIY household repairs any one could take care of. They do go after a while and it would take just a bit of effort and some time to have them fixed and to stop them from leaking.

Having a loose faucet washer, aside from it being noisy and annoying also could be costly. According to the Environment Protection Agency the average home wastes about 11000 gallons of water every year with assorted leaks and drips, that is enough to fill up a big swimming pool, and also that cash could be well spent elsewhere.

If you ever come across a loose and leaky faucet don’t call the plumber right away, it could be very easy to take care of unless you don’t want to. There are some easy and clear steps you need to take. As always have a plan for anything you want to do and go over it from start to finish, no matter how small of a task it is.

There is always a shutoff valve somewhere close by the faucet. Find it and shut it all the way. If you can not find it around the faucet shut off the main valve temporarily till you have it fixed, that you could probably find somewhere in basement.

Unscrew the faucet handle and remove it. The screw might be hiding under the plastic or metallic cap on the faucet. Remove the packing nut. Unscrew the valve stem and remove it from the housing. Take out the screw that holds the washer and replace the washer. Put everything back to where it was and you are set to go.
It’s that easy!

Babak Sobhani

www.EasyHomeTransaction.com

The post Replacing the leaky faucet washer appeared first on Buy and Sell Properties in GTA.

Sealing the spots between your bathroom, shower, sink and the wall is probably the best remedy to prevent creation of mold and moisture in your home. All you need to do is clear the residue left by the old stuff, clean the area; dry it up and you are set to go. If you don’t remove the old residue from past and apply the caulk on top of the old material, you are basically wasting your time and resources as not only the material would not stick and do their job, but also would make a mess. Caulk material over the years tend to change color, deteriorate, leaving your property with water damage, so it is a good tactic to have the caulking replaced once in a while, before you reach that stage.

Using a caulking gun or the caulking tubes that could be pushed out easily are probably your only choices, but if you have not used the caulking guns, they might be a bit intimidating and seem to difficult to use but these days there are guidance and videos on the internet for everything that you could benefit from.

All you need to do after removing the old material and cleaning and drying them, is to just apply the new material and leave it for few hours and you are set to go!!

Babak Sobhani

www.EasyHomeTransaction.com

The post Caulking appeared first on Buy and Sell Properties in GTA.