Natalie Korchuk

Quiet Setting of Bond Head. Close to All amenities, The Fastest in GTA growing Bradford.

2010-03-01T04:20:00Z

Bond Head, Bradford West Gwillimbury - Announcing a unique property: 3+1 Bdrm renovated home at 14-Cummings Rd, a 1,700 sq. ft.,3 bdrm 3-level split "Two Above Grade Windows in Lower level". Now $449,000 - Exceptional House !. Two car detached garage with insulated/heated workshop. Lot 90 x 125 ft. Beatiful Views with No Neighbours at Backyard! Just mins to Hwy 400 and Bradford. Located on Hwy 27 and 7th Line. Call to book showing direct: 647-500-6282

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Just Listed Townhome at Bathurst/Steeles. Professionally Renovated.

2009-12-16T23:51:00Z

Beautiful Renovated 3Bdrm Townhouse In High Demand Area. Steps To All Amenities. Loaded W/Upgrades:Extend.Cupboards, Granite Counter, Limestone In Ktchen; Hardwd Flrs & Moulded Ceiling Throut; W/O To Yard, Direct Access Fr Garage, Oversized Master Bdrm W/Ensuite & W/O To Balcony. Custom Draperies, Stainless Steel Appliances; Closet Organizers. Too Many Upgrades To List. Come To See! Won't Last.

Extras: S/S Fridge & Stove; Bosche B/I Dishwasher, Washer & Dryer, All Elfs; All Window Coverings, Cac, Cvac, Humidifier.

www.condoandhome.ca

GTA Home Sales Remain Strong in November

2009-12-04T22:09:00Z

GTA REALTORS® reported 7,446 sales in November – slightly more than double the November 2008 result when GTA home sales had dipped markedly due to the economic downturn. Year-to-date sales were up 14 per cent compared to the first 11 months of 2008.

Price Reduced on 608-11 Neilson Dr in Dundas/Neilson

2009-11-16T02:26:00Z

Dundas/Neilson, Etobicoke - Announcing a price reduction on 608-11 Neilson Dr, a 1,400 sq. ft., 2 bath, 3 bdrm apartment. Now MLS® $159,000 - BEST DEAL IN TOWN.

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A Different Kind of Garage Sale

2009-10-22T01:27:00Z

Instead of having a traditional garage sale, perhaps you should consider putting your garage sale online. Free online classified ads like Craig’s List or fee-based auction sites like eBay make it easy to do. Here’s how:

Take your time: The beauty of an online garage sale is that you don’t need to sell all your unwanted belongings at once. Instead you can post them online as soon as you decide to get rid of them.

Price it right: Search online to learn prices of comparable items and price yours to sell if you don’t want to be stuck with them later on.

Use pictures: Use a digital camera to take shots of your items. One picture is worth hundreds of words of description. Provide written descriptions, including dimensions and be sure to indicate any defect or areas of wear or damage.

Payment: Items listed on local classified sites like Craig’s List are usually paid for as cash at delivery on a first-come, first-served basis. Winning bidders on auction sites like eBay use PayPal to pay with their credit card. Setting up an account with PayPal is free and easy.

Shipping: Auction sites let you specify a flat rate for shipping or allow buyers to compute and pay for shipping costs. Craig’s List buyers will pick up their purchase from you once you’ve both agreed on the price so there are no shipping costs at all.

By getting rid of unwanted items through an online garage sale you’ll make your home feel more spacious and have fewer items to pack if you decide to make a move.

Please call or send me an email if I can answer any real estate related questions. I appreciate the opportunity to be your real estate resource.

For more information on buying or selling your home please call Natalie direct: 647-500-6282 or email at nataliekorchuk@gmail.com

Bungalow For Sale in Jane/Major Mackenzie

2009-10-19T11:58:00Z

SECOND KITCHEN & BDRM IN A BASEMENT

• 3 bdrm bungalow "Main Fl Master & 2nd Floor 2&3 Bdrm" - MLS® $459,900 - ONE OF A KIND!

Jane/Major Mackenzie, Vaughan - Showroom Home Kept In Prestige Condition. Close To Everything. Quiet Neighbourhood To Raise A Family. Move-In condition. Professionally Finished Basement With Second Kitchen (Lots of Cupboard Space, Rec Room, 4th Bdrm and 3 Piece En-Suite. Perfect for In-Laws. Total 2300 sq.ft.
Spacious Living Rm, Bay Window, Huge Main Kitchen. Freshly Painted Throughout, Neutral Pain, New 30 Year Roof to Be Installed wihin 2 weeks. Pick your Colour!! Four Car Driveway, No Sidewalk.
Main Flr Crown Mouldings. Enclosed Tiled Porch, Inviting Atmosphere, Two Gas Fireplaces, Ceramics & Parket, Oak Staircase & Parquet Landing. Four Pice Bath in Master and and 2nd Bdrm, 3Pc in Basement. 3rd Bdrm Used as Office, Big Closets,
8by10 Garden Shed With Hydro. Cold Cedar, California Shatters, Alarm System ($26/month).
Tankless Hot Water Heater- European Style! Save on Bills!
Call to View Now. Won’t Last!

Agents! Bring Your Pickiest Clients. Home Is Very, Very Clean And Ready To Sell.

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First-Time Buyer. Grading Local Schools

2009-10-07T00:46:00Z

When thinking of buying a home, most people research various neighborhood amenities, including local schools. Regardless of whether you have children, schools can affect property values and are an important consideration when buying a home.

Here are four ways to tell if area schools are having problems:

Local test scores low or dropping
Low test scores can be a product of resource shortages, poor teachers, lack of commitment by the school district or parents.

Student enrollment dropping
If fewer families are moving into the neighborhood, or parents are choosing schools outside the neighborhood, the school may be having problems.

Poorly maintained or vandalized buildings
Inadequate upkeep may be a sign of funding shortages and low involvement from parents.

Troubles at PTA meetings
Tension among parents or between parents and the school's teachers or management may indicate serious problems in a school.

If you have any doubts about the school quality in your target neighborhoods, please give me a call and I’ll be happy to discuss them with you. Learning about local schools helps you make an informed choice about where you live.

GTA Housing Market Rebound Continues in September

2009-10-07T00:43:00Z

TORONTO, October 5, 2009 - In September 2009, Greater Toronto REALTORS® reported

8,196 sales, up 28 per cent from September 2008. The average price for September

transactions was $406,877 – up by 10 per cent compared to the same month last year.

"We have experienced an increasing rate of existing home price growth in the GTA as sales

have continued to outpace 2008 results," said TREB President Tom Lebour. "Consumers have

remained confident in ownership housing as a long-term investment."

Year-to-date sales, at 66,437 were up 4.5 per cent compared to the first nine months of 2008.

Average price, at $388,417 was up by almost 1.5 per cent.

"Existing home sales will finish strong this year, pushing through the 80,000 mark and moving in

line with some of the best years on record under the current TREB market area," according to

Jason Mercer, TREB's Senior Manager of Market Analysis.

Price Reduced on 608-11 Neilson Dr in Dundas/Hwy 427

2009-10-04T12:24:00Z

Dundas/Hwy 427, Toronto - Announcing a price reduction on 608-11 Neilson Dr, a 1,200 sq. ft., 2 bath, 3 bdrm apartment. Now MLS® $168,000 - BEST DEAL IN TOWN.

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Investor. Profiting from the Fixer-Upper

2009-09-19T23:19:00Z

Many real estate investors earn a living out of renovating run-down properties and reselling them, or holding onto them for rentals. Commonly known as the fixer-upper, it offers you two paths to real estate investment.

Buy a Fixer-Upper and Sell Again

In addition to offering a handsome profit, fixer-uppers can offer a true sense of satisfaction as you transform a dilapidated property into one with true appeal. But before you take the plunge, ask yourself three questions:

1. Can I buy it far below market value?

2. Can I do much of the work myself (or contract it out at reasonable rates)?

3. Can I get the job done quickly?

Remember, every month you add to the project is costing you in lost rental income, taxes, insurance, utilities and more.

Buy, Raise the Rents, and Sell Again

Quite often the tenants in a rental property are paying below market rates simply because the landlord hasn’t raised the rent in years, or perhaps the property is not maintained well.

Both scenarios present you a great opportunity to buy the building, raise the rents (making upgrades if necessary) and resell the apartment building at a higher price. This raises the GPI—the gross potential income—which is the maximum gross income generated from the rent if all the units were occupied.

If you would like more information on these types of investment properties in our area, please don’t hesitate to give me a call or send an email.

First-Time Buyer. What Goes Into Your Monthly Mortgage Payment

2009-09-19T23:12:00Z

When you’re thinking of buying a home, you may wonder what your mortgage payment will look like. When you have a mortgage, you’ll have several different portions of your payment each month.

Your mortgage payment consists of principal, interest, taxes and insurance (often abbreviated as “PITI”), and sometimes additional fees, such as homeowners association dues.

Principal is the money you borrowed to purchase the home.

Interest is the cost of borrowing money.

Taxes are paid by homeowners to local governments, and are usually a percentage of the assessed property value.

Insurance helps protect against financial loss from fire, natural disasters or other hazards. Most lenders require you to have a homeowner’s insurance policy on your home because it will help protect their investment as well as yours.

Remember, many loan quotes will only include your principal and interest. You’ll also need to factor in the taxes and insurance to calculate your total monthly mortgage payment.

When you’re ready to take the next step to buying your home, please give me a call. I’ll be happy to explain the process further and help you narrow your home search.

Canadian new motor vehicle sales rose 5.3 per cent to 126,665 units in July, in comparison to June 2009

2009-09-19T23:08:00Z

Results were particularly strong in Ontario, with 47,560 seasonally adjusted sales – up 10 per cent over 43,254 sales in June. The increase was confined entirely to North American-made vehicles.

Sales of North American-made vehicles increased 15 per cent to 37,538. Sales of vehicles made overseas fell 4.4 per cent to 25,487 units. On a year-over-year basis, Canadian sales remained 7.3 per cent lower than July 2008. In Ontario, the decline was much smaller, with sales down 2.1 per cent compared to last year.

Analysis: An increased number of positive announcements related to economic recovery have boosted Canadian consumer confidence. Improved consumer confidence coupled with low borrowing costs has resulted in upward trending new motor vehicle sales since the beginning of the year. Motor vehicle sales are linked to the manufacturing sector in Ontario, so increasing sales in Canada will play a role in the recovery of this segment of the economy. However, sustained recovery in the Canadian automotive sector will also require a substantial increase in US motor vehicle sales. That said, any increase in consumer spending, especially on big-ticket items like cars and light trucks, bodes well for a Canadian economy that is driven by personal expenditure.

GTA REALTORS® Report Sales and Price Growth in September 2009

2009-09-19T22:58:00Z

TORONTO, September 16, 2009 - In the first two weeks of September, Greater Toronto REALTORS® reported 3,361 sales – up 23 per cent compared to the first two weeks of September 2008. The average price for these transactions was up eight per cent year-over-year to $393,818.

"An increasing number of positive reports pointing to economic recovery coupled with low interest rates have kept households confident in purchasing a home," said TREB President Tom Lebour.

Year-to-date sales, at 61,676 are up three per cent compared to 59,971 in 2008. Average price, at $386,302, is up by one per cent from $383,776.

"Tighter market conditions since May, as evidenced by rising sales relative to listings and declining average days on the market, have resulted in stronger average price growth," explained Jason Mercer, TREB's Senior Manager of Market Analysis

Investor. 6 ways to make a profit in real estate investment

2009-08-26T02:39:00Z

Many homeowners get into real estate investing by buying a home and using this home as a rental when they upgrade to a larger home. Called “serial purchasers”, they continue to buy (and hold onto) additional properties.

Other investors prefer to find a quicker path to real estate riches through one of the following ways.

Buy and Flip

Flipping means selling the property you just bought for a higher price as soon (or in some cases before) you take title on the property. While flipping allows you to make money fast in a hot market (or on a property you purchased well below market value), you may need to pay capital gains (talk to your tax advisor).

Buy and Scrape

Scraping is tearing down an existing home and building a new home. To capitalize on this idea look for areas where home prices are rising, vacant lots are few, and there’s an inventory of older homes. While there are many permits you need to obtain, scraping can be a very lucrative process.

Buy and Split

Just as you can buy one lot and split into two, you can also buy one house and subdivide into two homes right down the middle, or buy a larger house and develop each floor into several condominiums. Another variation is to buy a house with a large lot, subdivide the lot, rent out the house, and sell off the land.

Smart real estate investors look at existing properties with new uses in mind (and they check into all building and zoning regulations). I can help you by identifying potential rental properties in our area. Please call or email with any questions you have.

First-Time Buyer. All About Down Payments

2009-08-26T02:28:00Z

An important aspect of getting a home loan is saving money for your down payment. You have many choices to make your home more affordable to you.

Lenders used to require a down payment of at least 5% and up to 20 percent of the home’s price. These days, however, many lenders offer flexible home loan programs allowing you to put very little down.

If you decide to pay make a down payment less than 20 percent, your lender may require Private Mortgage Insurance (PMI), which protects the lender in case you cannot repay the mortgage. Talk with your mortgage professional to find out the smartest deal for you.

You’ll also need to pay for closing costs, which are costs associated with initiating a loan. These can include loan origination fees, discount points, attorney fees, recording fees and pre-paids. They often will total from three to five percent of the price of the home.

Once you have you down payment and loan pre-approval, it’s simply a matter of finding the right house. I can suggest reputable mortgage professionals which can help you in pre-approval process. Please call or email when you’re ready to take this next step towards owning your own home.