Buying a condo?what you need to know

ONDAY, JANUARY 16, 2017

12 Basic Steps for the Purchase of a Condo

1. Speak to your agent
2. Get pre-approved for financing -- to find out what your monthly mortgage payment will be and what price range you should be looking in
3. Start searching: choose the neighbourhood that you can afford: your agent will email/telephone appropriate condos within the price range that you have been approved for and the area that you have selected
4. Visits: when you have selected a condo that you wish to make your home, you will want to visit it at least once before submitting an offer
5. Make an offer: when you find the suite you wish to live in, your agent will find comparables that have recently sold and will prepare your offer with appropriate conditions, i.e. STATUS CERTIFICATE, FINANCING, INSPECTION
   
6. Condo Inspection:your agent will refer you to a qualified inspector
7. Appraisal: your mortgage lender will order an appraisal to be done as soon as possible
8. Offer accepted: your agent will deliver the paperwork to your mortgage lender & lawyer
9. Condo Insurance: you need to arrange condo insurance prior to taking possession of your condo & inform your mortgage lender and lawyer of the binder #
10. Set Up Utilities: contact hydro, TV, internet, telephone etc to have in place for closing
11. Walk Through: this is the final visit usually the day before closing
12. Closing: your mortgage lender will deliver the funds to your lawyer and you will deliver the balance of the down payment & any other information required to close. Then you will visit your lawyer the day prior to or the day set for closing to sign papers. Your lawyer will finalize the closing and will have the keys to your suite ready for you to pick up.

Call me now to start the process!

Patricia: 416.879.2094

patriciakatzrealestate@gmail.com

Patricia Katz, Broker

Sutton Group-Associates Realty Inc., Brokerage

FOR SALE! LOFT IN KENSINGTON MARKETpriced at $456.65 sq. ft.

if space, a sunny south view from big windows and a superb downtown location are important, then this spacious open concept loft is for you! 
This loft is located in the heart of the "hip Kensington Market".

• walk score, 98
• walk to funky shops in the market
• walk to hip cafes
• walk to the entertainment district and the financial district
• walk to UofT
• mere steps to TTC
• minutes to Highway
• walk to Little Italy
• walk to library
• walk to park

• 865 square feet
• over 10 ft ceilings
• big windows
• south view
• cork floors
• kitchen with island
• use of bar-b-que in secluded treed courtyard
• all appliances, stove, refrigerator, built-in dishwasher, stacked washer/dryer
• electric light fixtures
• window coverings
• 3 wardrobes
• recreation room
• was school - converted in 1999 to loft development

for more information: email pkatz@sutton.com

PATRICIA KATZ, Broker, SRES

office/pager: 416-966-0300

cell: 416-879-2094

Sutton Group-Associates Realty Inc., Brokerage

358 Davenport Rd.,

Designers Walk

Toronto, ON

M5R 1K6

First Time Buyers

Buying a home can be a highly emotional experience, and REALTORS® who work with first-time buyers often find themselves tempering their clients’ dreams with a dose of reality.

First-time buyers are eager to go out and look at houses, but sometimes you need to slow them down and find out what they can actually afford. Some people haven’t been in the real estate market for so long, it’s almost like they’re first-time buyers.  

Working with first-time buyers isn’t just about selling. A great deal of educating must be done because members of the public often don’t know much about listings on a real estate board’s MLS® or understand the concepts of agency or broker of record.

Working with first-time buyers can pose challenges, but the process is enjoyable overall.It’s a lot like being a psychologist. You can’t use the same approach with every person. Adjust your approach based on their needs and personalities.

"in business for 33 years and counting"

"service sells"

when you call me, you speak to me!

Patricia Katz, Broker SRES

pkatz@sutton.com

Office/pager: 416-966-0300

Cell: 416-879-2094

Kensington Market Loft Rental

2nd floor Loft RENTED!
CALL FOR CURRENT INFORMATION ABOUT RENTALS & SUITES & HOUSES FOR SALE in
THE KENSINGTON MARKET!
Patricia Katz, Broker
Office/pager: 416-966-0300
pkatz@trebnet.com
http://www.sutton.com/realtor/pkatz
Soaring 12.5 ft ceilings
9 ft windows
Open concept living/dining/kitchen
Ensuite laundry
Full bathroom
Facing quiet residential landscape
Rich cherry laminate floors
Short term or maximum 1 year rental
Loft space used as sleeping area
Appliances included: stove, refrigerator, built-in dishwasher, stacked washer/dryer, toaster oven, popcorn maker
window coverings, electric light fixtures
Use of delightful courtyard with facilities for bar-b-que
Tenant pays for: hydro, t.v., & telephone
"shop for your fresh baked goods, fruits, vegetables, meats etc in the "market";enjoy your capuccino in some of the most "hip" cafes in Toronto, walk to UofT, downtown financial district, TTC steps away, park in neighbourhood!
All information is deemed reliable but not a warranty or representation as to its accuracy and is subject to error, omissions, changes, prior sale or other conditions.