Interested in what the 2024 federal government officially proposed for the housing sector? Read on for the key takeaways at the link below: <a href="https://blog.remax.ca/2024-federal-budget-key-takeaways-for-housing/">https://blog.remax.ca/2024-federal-budget-key-takeaways-for-housing/</a>

2024 Federal Budget: Key Takeaways for Housing

Another Happy Client! We're thrilled to congratulate our incredible clients for leasing their fabulous home in beautiful South East Oakville! Thank you for placing your trust and confidence in the Jennifer Van Sickle Team!

Just Leased - 1300 Braeside Drive, Oakville

A move-up buyer is someone looking to sell their current home and purchase another that is typically larger, more expensive, or better suited to their current needs. They differ from first-time homebuyers because they have already purchased a home and have built equity in their existing property. Some move-up buyers might be looking for more space to accommodate a growing family, while others might seek more luxury features, a more desirable location, or amenities their current home doesn’t offer. If you're considering a move and wondering if now is the right time, click the link below to learn more about the benefits of being a move-up buyer in today’s real estate market. <a href="https://blog.remax.ca/benefits-of-being-a-move-up-buyer-in-todays-real-estate-market/">Benefits for Move-Up Buyers in Today’s Real Estate Market - RE/MAX Canada (remax.ca)</a>

Benefits for Move-Up Buyers in Today’s Real Estate Market

The concept of purchasing a property “as is” indicates the seller’s intent to not make repairs before the sale, thus transferring the burden of any property issues and repair costs to the buyer. It’s a common myth that an “as-is” purchase locks the buyer into the deal regardless of discovered flaws. In reality, a well-crafted “subject to inspection” clause can offer a strategic exit plan, allowing buyers to bow out if the inspection reveals substantial issues. For more items to consider when purchasing an property "as is" follow the link below: <a href="https://blog.remax.ca/what-does-as-is-property-purchase-mean-in-real-estate/">https://blog.remax.ca/what-does-as-is-property-purchase-mean-in-real-estate/</a>

What does ‘AS IS’ property purchase mean in Real Estate?

Even though the housing boom during the pandemic has subsided, Canadian realestate prices are still higher than they were prior to COVID-19. Due to the currentsituation, households are looking for any way to fulfill their desire of becominghomeowners. Rent-to-own is a lease agreement where a tenant rents a home for aspecific period, with the option to buy it at the end. A portion of the monthly rent is usedfor the down payment, and the tenant can then purchase the property through amortgage after accumulating the down payment through rental payments. Families whohave been waiting for years can benefit from homeownership through rent-free living.They can move into a desired home and use rent for a future down payment.Additionally, they can lock in a purchase price and potentially benefit from the property'sappreciation after the lease period ends. <a href="https://blog.remax.ca/a-guide-to-rent-to-own-homes/">https://blog.remax.ca/a-guide-to-rent-to-own-homes/</a>

A Guide to Rent-to-Own Homes

It's important to think about your entire financial situation when thinking about purchasing a home, taking into account things like down payments, mortgage rates, property taxes, insurance, existing obligations, and lifestyle. Affordability is a multifaceted concept that involves more than simply the listed price. Prior to making a purchase, you should evaluate your finances to reduce stress and guarantee a smooth transaction. Click on the link below for more information: <a href="https://blog.remax.ca/buying-your-first-home-are-you-ready-financially/">https://blog.remax.ca/buying-your-first-home-are-you-ready-financially/</a>

Buying Your First Home: Are You Ready Financially?

Are you getting ready to sell your home? Make your interior and outdoor spaces appealing to potential buyers - first impressions are crucial when selling your house. Make a list of the things you need to do to get your house ready for sale in order to increase the likelihood of a successful transaction. This will assist you in staying on course and increase the appeal of your house to potential purchasers. For a full list of tips and inspiration, please follow the link below: https://blog.remax.ca/getting-your-home-ready-to-sell-a-checklist/

Getting Your Home Ready to Sell: A Checklist

The Bank of Canada has announced the decision to keep its benchmark interest rate steady at five per cent, the second straight time the central bank has done so this year. This may be a signal that rates are finally stabilizing after the cost of borrowing increased 10 times since last year. For more information please follow the link below: <a href="https://www.cbc.ca/news/business/bank-of-canada-rate-decision-1.7007264">https://www.cbc.ca/news/business/bank-of-canada-rate-decision-1.7007264</a>

Bank of Canada Holds Interest Rate Steady

Ali Marcoccia (formerly O’Neill) is an accomplished Realtor® with over 15 years of experience in the home improvement and real estate industry. With a strong background in Finance, Advertising, and Project Management, Ali has a proven track record of delivering exceptional results for her clients and employers alike.

Ali holds an Honours BCom in Finance from McMaster University, and most recently earned a post-graduate certification in Property Valuation from the University of British Columbia. In addition to serving her Real Estate clients, Ali is an active member of the Appraisal Institute of Canada. Ali prides herself in delivering the highest level of service to her clients, consecutively earning the Service Excellence Award each year in business. Ali earned the Red Diamond Award in 2020 and 2021, the Individual President’s Gold Award in 2022, and the Chairman's Club Team Award in 2023.

Alexandra Marcoccia