What You Need To Know When Selling Your Home. Blog Post by The Polsinello Team, the premier real estate team in the area with years of experience selling homes and helping clients buy a new home. Check out our blog to stay up-to-date on current trends in real estate

Cannington, Ontario is a small town located in the heart of the province, surrounded by rolling hills and scenic countryside. The town is known for its friendly community and charming atmosphere, making it a popular destination for families and young professionals alike. Whether you’re relocating to Cannington for the first time or are looking to move within the town, this guide will help you find the best neighbourhoods for your needs.

  1. Downtown Cannington

The downtown area is one of the most popular neighbourhoods in Cannington, offering a vibrant atmosphere and a bustling community. This neighbourhood is perfect for those who are looking for a mix of urban and rural living, with plenty of amenities and services within walking distance.…

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A "sold conditional" status in Ontario real estate refers to a situation where a property has been conditionally purchased by a buyer, but the sale is still subject to certain terms and conditions being met before it can become final. This is different from a property being "sold firm," where the sale is considered final and binding once the agreement has been signed by both parties.

In a conditional sale, the buyer and seller will have agreed on the purchase price and other important details, but the sale is contingent on certain conditions being met within a specific timeframe. These conditions could include the buyer obtaining financing, the property passing a home inspection, or the seller finding suitable housing.

It's important to note…

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Anyone who plans to sell their GTA home this fall should take note of this cautionary tale.

In August, we had a meeting with a prospective seller to talk about listing their house for sale. We valued the home at $1.45 million because it was excellent and in a desirable area. We advised listing the home at market value as soon as possible because we were already noticing indications that the market was changing.

As is common in our line of work, the seller disagreed with our assessment and hired a different agent, who informed him that his home was worth more.

The home had a $1.7 million price tag when it was put up for sale in September.

It didn't sell.

With an asking price of $1.5 million, it was relisted for sale in October.

The issue: As of September,…

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It can be challenging to assist your parents in preparing to sell their home, especially if they are elderly and may be having difficulty coping with the mental and physical demands of the process. You can help make the experience as easy and stress-free for them as you can, though, by being a little patient, organized, and supportive.

As your parents prepare to list their home for sale, consider the following advice.

1. Start by asking them why they want to sell their house, and then LISTEN as you do so.
To better support your parents' decision, you should be aware of the factors that may be influencing their decision to sell their house. Is a move being driven by new health issues, accessibility requirements, or a changing financial situation? Are…

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As a resident of Aurora, Ontario, property taxes are an important part of your yearly expenses. Here's what you need to know:

  1. What are Property Taxes? Property taxes are a yearly fee that homeowners pay to their local government. This fee goes towards paying for local services such as schools, roads, parks, libraries, police, and fire services.

  2. How are Property Taxes Calculated? The amount of property taxes you pay is calculated based on the assessed value of your home and the tax rate set by the town of Aurora. The assessed value is determined by the Municipal Property Assessment Corporation (MPAC), which is an independent organization that assesses the value of all properties in Ontario.

  3. What is the Tax Rate in Aurora? The…

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Orillia is a city located in the province of Ontario, Canada. It is known for its beautiful scenery and outdoor activities. With a population of over 31,000, it has a vibrant and welcoming community that attracts tourists and new residents every year. If you're planning to move to Orillia, this city has many great neighbourhoods to choose from. Here are the 5 best neighbourhoods in Orillia.

  1. Washago:

Washago is a small, tight-knit community located just 10 minutes north of Orillia. This neighbourhood is known for its beautiful scenery and outdoor activities, making it an ideal location for those who love to spend time outdoors. Washago is home to several parks, including Couchiching Beach Park and the Washago Centennial Park, which offer…

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Mortgage scams can be devastating, leading to financial loss, ruined credit and even homelessness. In Ontario, the number of mortgage fraud cases has been increasing in recent years, with scammers taking advantage of the high demand for housing. Here are some tips to help you avoid falling prey to mortgage scams in 2023:

  1. Be wary of unsolicited offers: If you receive an unsolicited offer for a mortgage loan, be wary. Legitimate lenders don't usually solicit customers through phone calls or unsolicited emails.

  2. Check the lender's credentials: Before working with a mortgage lender, check their credentials with the Financial Services Commission of Ontario (FSCO) or the Canadian Mortgage and Housing Corporation (CMHC). If…

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Kitec plumbing is a type of piping system that was widely used in residential and commercial buildings in North America from the 1990s to the early 2000s. This type of plumbing was designed to be a more cost-effective and efficient alternative to traditional copper piping systems. However, over time it was discovered that Kitec plumbing had a number of serious flaws that made it a dangerous and unreliable option for building owners and occupants.

The first major problem with Kitec plumbing was its tendency to crack and leak over time. This was due to the fact that Kitec pipes were made from a combination of plastic and aluminum, which are not as durable as traditional copper pipes. The plastic would become brittle and crack over time, leading to…

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Innisfil is a town located in Ontario, Canada, and it is known for its beautiful and peaceful surroundings. With its picturesque landscape and charming communities, Innisfil has become a popular destination for home buyers who are looking for a place to settle down and start a family. Whether you're a first-time home buyer or an experienced real estate investor, Innisfil is an excellent choice for anyone looking for a safe and secure community with a high standard of living.

One of the best neighbourhoods in Innisfil is the Alcona community. Alcona is a family-friendly neighbourhood that is situated along the shores of Lake Simcoe. The community is known for its beautiful beaches, parks, and recreational areas that offer a wealth of outdoor…

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The Greater Toronto Area (GTA) has seen a significant rise in the number of vacant homes in recent years, leading to the implementation of a vacant home tax in an effort to increase housing affordability and availability for residents. The tax, which was introduced in 2017, aims to encourage owners to put their vacant homes back on the market for rent or sale, thereby increasing the supply of available housing and reducing the pressure on the city's housing market.

Pros of the Vacant Home Tax

  1. Increased housing availability: The primary goal of the vacant home tax is to increase the availability of housing in the GTA by incentivizing owners to put their vacant homes back on the market. This will help to reduce the pressure on the city's…

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