FAQs

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DIY vs PROS

What areas should I NOT try my hand at DIY? In my opinion, the only renovations a home owner should undertake are items that do not require great skill…but learning that missing skill can be fun.  Seriously though, I would stay away from areas that required specialized trades and superior skill like upgrading your electrical […]

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Remuneration

Who Really Pays? I believe in math and numbers and from what I see, all expenses and fees associated with the purchase and sale of a home comes down to the the consumer paying…aka The Buyer The Buyer? How can that be? Simple…  If you the Buyer has to put 5% of your own money

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Investors

What is Cap Rate? Cap Rate is rate determined by the sale price in relation to your NOI (Net Operating Income).  After all bills, maintenance and mortgage is considered, the remaining “in the bank” money is your NOI.  Simply divide your NOI by your purchase price. and convert to percentage.  It’s been my experience over

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Seller’s

HOW DO I REPORT THE SALE OF MY PRINCIPAL RESIDENCE TO CRA? There is no better answer to this question than to provide you with the link directly from CRA’s website.  This way, nothing will be lost in translation! WHO ACTUALLY PAYS COMMISSION? Contrary to what has been told for years…or at least this is

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Buyer’s

HOW MUCH DO I NEED TO PAY YOU? Out of pocket? Likely none but on rare occasions when purchasing a FSBO or ‘mere’ posting my commission may be a closing cost. We’ll strive for that fee to be included in your mortgage. Buyer agents do charge a fee, and the fee is paid through the

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East Coast Re-lo’s

By hiring you in Toronto, do we need a Halifax agent? You do NOT need to tell your story to more than just me. With my unique licensing abilities, once we form a relation to sell your home anywhere in the GTA, I can undertake all the necessary steps in finding a property you like;

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