Toronto Real Estate Video Blog with Rene Ahmad

You have heard that the real estate market is hot, but you might not have heard about how hot the rental market is lately. People are lining up to sign a lease!

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (905) 456-3232 for a FREE home buying or selling consultation

You have heard that the real estate market is hot, but you might not have heard about how hot the rental market is lately.

If you have any property that you are looking to rent out, believe it or not, there are bidding wars right now between tenants trying to lease a property.

We have AAA renters lining up to sign a lease. Many of these renters have been pushed out of the market due to escalating home prices and need to get into a home soon.

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People are lining up outside of rental properties wanting to sign a lease.

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Recently, we helped a landlord select a tenant for their property. There were many renters competing for the property, but we were able to get a great tenant to sign a three-year lease. The landlord is now very happy and the tenant is set to take great care of the property.

If you have a rental property and need a new tenant, now is a great time for you to be on the market. If you have any questions about leases or the real estate market in general, give us a call or send us an email. We would be happy to help you!

Unfortunately, it’s not uncommon for home purchase deals to fall through. Here are a few reasons why these deals sometimes go to hell.

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Price Evaluation
Call me at (905) 456-3232 for a FREE home buying or selling consultation

Right now I’m standing in a vacant property that I’m about to show a client. The reason that it’s vacant is actually because the deal on this house fell through not long ago. Unfortunately, this is not uncommon in the real estate world, which is why one of the questions I get most often from clients is, “Why do these home deals fall through?” Here are six of the most common reasons I’ve come across:

1. A change in the buyer’s credit score. A buyer may make a major purchase or see a dip in their credit score for one reason or another. If this happens from the time of purchase to the time of closing, it’s possible that the deal will fall apart based on financing.
2. The inspection spooked them. Especially with older, rural homes like the one in the video above, an inspection may reveal a lot of hidden issues that scare the buyer away from the deal.
3. The loan was not pre-approved. If the buyer didn’t have a pre-approval in the first place and put an offer in on the home, it’s possible that the deal would fall apart not long after, or even right up to the day of closing.
4. Running out of money. Sometimes it may take the buyer until the closing date to realize that they don’t have the money to close the deal. Occasionally, the buyer will come to the closing table and tell the seller that they have yet to sell their home, their funds haven’t come in from overseas, or they just simply underestimated closing costs.
5. Small problems are blown out of proportion. Especially after the home inspection and when the buyer has seen the home a few times afterwards, small problems may come to light that cause the buyer to back out of the deal.

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A buyer may blow small problems out of proportion and walk away.

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6. Cold feet. If a buyer gets cold feet and suddenly feels uncomfortable with the transaction, they may simply walk away from the deal.

If you’re ever wondering why a home you’ve been watching comes back onto the market, it could be for one of these six reasons. If you have any other questions on home purchase transactions or are looking to buy or sell a home yourself, please feel free to give me a call or send me an email. I’d be happy to help you!

Why work with us?

Rene and Sunny Ahmad are your Toronto Peel Home Team. They are available for buying and selling real estate throughout Southern Ontario. Their particular expertise is in the Toronto and GTA West real estate markets. With over 17 years experience in the real estate industry and a professional, honest and ethical business practice, Rene and Sunny have the experience and the know-how to handle your home transaction.

Homes aren't the only thing that Rene and Sunny are experienced in selling. They are also available for assistance in listing and selling commercial property such as motels, small businesses, and income properties. They are expertly trained by leading real estate coaches and mentors to provide premium service in every way. Please feel free to contact us via phone or email at anytime and we will be glad to show you how father and son will get it done!

The Renè Team
RE/MAX Realty Specialists Inc.
4310 Sherwoodtowne Blvd., Suite #200
Mississauga, ON
L4z 4c4
(905)456-3232
theReneTeam@gmail.com

The Rene Team Testimonials

Click to hear recent
testimonials from happy clients

Duc - "We had awesome results. He was very active and helped us out a lot. Everything was very quick and he helped me deal with the seller. We went to him with any questions we had and anytime, nighttime or after work, he would respond and help out right away."

Marion - "They were excellent in trying to find us what we wanted when we were moving and in selling our home. They went through everything for the sale and did an excellent job of keeping us informed of what was going on. When we were looking for a new house, we wanted a certain area but nothing was for sale. Rene went around and started knocking on doors until they were able to find something for us so I couldn’t have asked for a better experience!"

Tracy - "The Rene Team sold my home and also helped me buy an investment property. With the investment property, Rene managed to find me something that was originally what I was looking for, but ended up being a better investment for me. Even now, almost 3 years later, the property had appreciated quite a bit. He ended up teaching me that it was a better opportunity and help make me more of a real estate investor."

Anonymous - "We had a pleasant experience. He was very friendly and nice to me and I don’t think he had too much difficulty. He did the job that he had to do and it was very easy to communicate with him."

Joanne - "They sold my home very quickly and I was able to get more than my asking price! He was very quick to respond to my phone calls and emails so he was very responsive. He even lined me up with a stager which I think certainly helped with getting the house sold quickly. We did an open house the first weekend it was up for sale and he recommended that we should hold out and have the bidding on one day which I think helped me get more than the list price."

Aneesa - "The Rene Team was able to get me into the house that met the requirements of both my husband and myself. They were always available to answer any questions we had and it didn’t matter what time of day we asked. They just responded quickly and we really appreciated it!"

Greg - "We were able to by the condo that we wanted and needed so the results of our experience with the Rene Team was very good. Rene really went above and beyond for us the entire time. He was just awesome, he had great energy and personality so he really was a cut above."

Zaida - "They really went above and beyond to help me get out of the mess that I was in. I was selling my house for under the amount to clear the mortgage because I wanted to get out of the debt that I was in. He would call to find out exactly how much they would take to get me out of my mortgage and he really helped me walk out with just a small loan. He’s honest, truthful and he really tried every avenue for me. I really appreciated everything he did for me."

James - "I got the house I was looking for! We actually made an offer on another house, and we were undecided. So I asked him, and he gave me his honest opinion. I could tell that he truly had what we were looking for in mind. We had put a deposit on this first house, and Rene worked so hard to get that deposit back for us, since we had put another offer down on the house we wanted."

John -"I was more than satisfied with Rene. He was very concerned with my needs. It was like he was a friend who was just trying to make a sale a lot easier for me. There were a few times when other agents went into the house and left the lights on or drawers open when they left. All I had to do was call Rene, and he said he would get it taken care of. He made me feel comfortable. It was like I knew him for a long time!"

Rosana -"The results were amazing. He did a lot of marketing, and he got my house out there right away. They’re really good!"

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