Introduction Buying a home in Toronto can be a complex process, and unexpected situations can arise even after an offer has been accepted. One such scenario is when significant property damage occurs before closing. In this article, we’ll explore what buyers should do if a storm or unforeseen event damages a home after an offerContinue reading “What Happens When a House is Damaged After an Offer is Accepted?”
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Understanding the Financing Condition in Real Estate Offers
Introduction Imagine finding your dream home, submitting an offer, and then realizing you might not actually get the mortgage you assumed was secured. This scenario is more common than many homebuyers think, which is why the financing condition plays a crucial role in real estate transactions. When purchasing a property, buyers often include conditions inContinue reading “Understanding the Financing Condition in Real Estate Offers”
Will Toronto’s Spring Housing Market Bounce Back? Maybe Next Year
The Toronto housing market is still feeling the effects of high interest rates, and spring isn’t looking as strong as we hoped. Some homes are selling, but the market isn’t back to normal yet. Over the past few years, we’ve seen big changes. The pandemic created a real estate frenzy, and when interest rates wentContinue reading “Will Toronto’s Spring Housing Market Bounce Back? Maybe Next Year”