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The Equity in your home is like any other investment - it needs to be monitored. Homeowners should have their Equity evaluated once a year.
Now might be the perfect time...
John Smith (not his real name) and his wife had not listed their condo when they starting looking for a single-family home. They knew house prices were on the rise and the trend was likely to continue.
They had their hearts set on a particular Toronto neighbourhood. When they found a place they loved, “We threw caution to the wind and bought that house,” he says.
Given that more Canadians own their homes today that at any other time in our nation’s history, it’s fair to say that homeownership has become one of our country’s primary cultural values. Chances are you’ve spent the occasional Sunday mesmerized by a real estate program or two, and even if you don’t keep up on the latest home trends, you’re probably familiar with the importance of location, kitchens, and bathrooms to property values.
If like thousands of people throughout the Greater Toronto Area you have worked with a REALTOR® in recent years, you probably have an appreciation of the many variables that can occur in a transaction.
While working in the real estate profession demands a considerable knowledge base, throughout my 30 years as a REALTOR® I have found that one of the most important aspects of the job has remained the same: the simple act of bringing people together. It is immensely gratifying to see the enthusiasm in buyers’ eyes as they envision their new lifestyle and the sense of achievement that sellers experience when an agreement is reached.