Blog - Remax Condos Plus-Toronto

New Condos Versus Resale Condos, Which is Better to Buy?

Remax-Condos-Plus
23 September 2010

The whole focus of media today is whether buying a condo is a good investment or not. Since real estate investment has outperformed the stock market in the last ten years, investment gurus have been desperate to down play real estate (vested interest?) and try to outdo each other with predictions of a real estate bubble.

Pros and Cons of Selling Assignments

Remax-Condos-Plus
19 September 2010

Investors Pre-Construction

ROS AND CONS TO SELLING BEFORE REGISTRATION - ASSIGNMENT: 1. The 'first buyer' will save the Land Transfer Tax with a transfer of their 'interest'. 2. The 'first buyer' will usually have to pay either an admin or transfer fee to the developer for the right to transfer their 'interest'.

New Condo Market is Changing in Toronto

Remax-Condos-Plus
14 September 2010

Condos Pre-Construction

While new condo developments continue to sell out, the buyer mix is changing. Developers think they know their buyers but they don’t! Most buyers for new projects are brought in by real estate agents – they don’t just show up at the new sales centre.

Assignments New Option for Condo Buyers

Remax-Condos-Plus
27 January 2010

Investors Pre-Construction

With a lack of condo listings, potential buyers are often forced into 'multiple offer' scenarios. And who can blame them for not liking the situation. Another option is looking at the Assignment Market.