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On the first day of every month we publish a complimentary real estate newsletter, covering a range of topics pertaining to real estate in Mississauga and the Greater Toronto Area. There is no “selling” in the newsletter, it contains information only. To check us out, simply fill out the form. We hope you will find our free newsletter interesting. You can unsubscribe at any time.
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Topics
For example, we focus on topics such as:
- real estate happenings in Mississauga, Oakville, and the Greater Toronto Area
- market trends & news
- house and condo prices
- new condo openings
- interest rate changes
- mortgage financing
- information useful to buyers
- information useful to sellers
Publishing the Newsletter
We publish on the first day of every month. There is no cost.
So welcome aboard! We hope you enjoy our monthly real estate newsletter, and find it both interesting and valuable. We look forward to serving you every month!
This Month’s Edition
October, 2021
Put out your pumpkins and hang up the cobwebs, because the spooky season is just around the corner! 🎃
It’s scary to realize that it’s already the last quarter of 2021, but at least when it comes to real estate, we’ve got you covered.
The federal election came and went with no noticeable changes in real estate policy, and interest rates remain at historic lows.
The market slowed ever so slightly over the summer, but we are back to bidding wars again on detached, semi-detached, and town houses. The condo market is a little more restrained, but units are still selling. The beat goes on.
I just completed an interview with Denise Pisani, a highly regarded mortgage broker in Mississauga, and all around nice person. I first met Denise in the early 2000’s when I worked at RE/MAX, and she had an office there. In our conversation today, we talk about the intricacies of re-financing your mortgage, including strategies on how to put some of your equity to work for debt consolidation, home improvements, and more. Denise has a wealth of knowledge about mortgages, and it’s an interesting talk.
You can check out the video here:
Or if you prefer to listen to the podcast version, you can find it here:
https://randyselzer.podbean.com/e/how-to-refinance-your-mortgage/
If you are into Apple podcasts, Google podcasts, Spotify, Stitcher, PlayerFM, or iHeartRadio, you can find the podcasts at any of them under “Randy Selzer Real Estate Podcast”.
Have a great month!
Randy Selzer, salesperson, Sutton Group-Summit Realty Inc., brokerage, independently owned and operated, 416.433.3556 direct 905.897.9555-office
Beyond Boxes: Packing Materials You May Need for your Move
As you probably know, when you’re preparing to move, you’ll need boxes and tape — and, perhaps some bubble-wrap or old newspapers to use as protective wrapping for delicate items.
But that may not be all you need. Take a look at this list and see if you want to have any of these on hand while you’re packing or on your moving day:
- Colour markers for labelling boxes. (Tip: Colour coding boxes by room will make unpacking much easier.)
- Stretch wrap to protect larger items that can’t fit into a box.
- Small plastic bags to store disassembled parts, such as sofa legs, cabinet hardware, etc. (You don’t want to lose them!)
- Moving blankets to protect floors.
- A dolly or hand truck to move heavy items. (You can rent these.)
- Mattress moving bags. These help prevent stains and tears during your move. You can also buy specialty bags for sofas and tables.
- Reusable foam furniture sliders, to protect floors when furniture needs to be pushed into place.
- Foam corner protectors. These prevent furniture with sharp corners from banging and damaging other items during a move.
Planning ahead and having the right packing and moving materials on hand will make your move less stressful and, hopefully, damage-free!
Pricing Your Home Correctly
Setting the right list price for a home is a mystery for many sellers. How do you begin to determine what buyers are likely to pay for your property? After all, no two homes are exactly alike.
Setting the right price is crucial. You need to avoid the two price “tipping points” that, if crossed, can cause you a lot of problems. The first tipping point is a price that’s low enough for buyers to begin thinking something is wrong. They wonder, “Why is your price so low? What are you not telling us about your property?” But that’s not even the worst problem with this tipping point. If you do get offers at that low price, you’ll have a bigger issue – leaving thousands of dollars on the table.
The other tipping point is setting your price so high it discourages buyers from giving your listing a second look. When your price is that high, you’ll get few enquiries and even fewer people coming to see your property.
Of course, you can lower your price later, if necessary. But experience shows that reduced prices make potential buyers skeptical. Most sellers who price high in the hopes of getting a windfall, actually end up selling for much less than they would have had they priced their properties correctly in the first place.
So, what’s the right price to list your property? The answer is somewhere in-between those two tipping points.
Call today for help determining the right price for your property.
Preventing Fires in the Kitchen
The most recent research tells us: Never leave cooking food unattended. Doing so is the number one cause of kitchen fires.Make sure cooking appliances, especially deep fryers, are safety certified by the appropriate government agency.
When using oil in a frying pan, always heat slowly at no more than a medium heat setting.
Always turn off stove burners and other cooking appliances immediately after cooking.
Never attempt to put out a grease fire with water. Use baking soda or a fire extinguisher.
Never remove or cover up a smoke detector due to nuisance alarms. The one alarm that isn’t a nuisance may save your life.
Finally, experts say that if you can’t put out a fire immediately, get everyone out of the home and call emergency services.
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