Friday, 30 January 2015

Just Listed.'Wolf' Presents!!3 Bedroom Exec-Townhouse By Adnan Hashmi

Just Listed.'Wolf' Presents!! Stunning Churchill Meadow,Thomas / Tenth Line.3 Bedroom Exec-Townhouse W/ 2 Car Garage & 2 Master Bedrms+5 Washrooms! Open House Saturday & Sunday 1-5.
Contact Adnan Hashmi Real Estate Broker of Record 647-885-6364

BoC's Sudden Interest Rate Cut Means Lower Mortgage Rates, More Borrowing

 Economists say Canadian borrowers can expect as mortgage rates to dip slightly in response to the Bank of Canada's surprise move to cut its trend-setting interest rate.
The central bank lowered its benchmark interest rate to 0.75 per cent, from one per cent, on Wednesday to soften the blow of dropping oil prices on the Canadian economy.

Adnan Hashmi Realtor 

Tuesday, 27 January 2015

The next hot neighbourhood in Toronto?

With Toronto condo rentals up by 17 per cent in the fourth quarter of 2014, investors are cashing in on a strong market and solid demand for properties in ideal locations.

But where’s the best area to get the biggest bang for your buck? Look no further than Regent Park, says one agent.
“I really like the area. I tell investors all the time that they’ll see returns if they invest there because the prices are low and the redevelopment that’s going on there is promising. There’s an aquatic centre, parks and, as the area continues to develop, more people could end up there [driving prices up].”

While other areas close to the downtown core, such as King West and St. Lawrence Market, may yield a condo for upwards of $450,000, the Regent Park area has condos selling for as low as $380,000.

This is because the area is still under construction, as development projects continue and the area grows. 

A real estate broker and consultant in Toronto, said more than $3 billion in development projects in the Regent Park area and the Canary District make the area a charming proposition for investors.

“It was almost forgotten land a couple of years ago,  

"It’s changing the whole area and making it more attractive for consumers to consider the opportunities.” 

Adnan Hashmi Realtor from Mississauga

Simple Ways To Invest In Real Estate..

Simple Ways To Invest In Real Estate     

Buying real estate is about more than just finding a place to call home. Investing in real estate has become increasingly popular over the last fifty years and has become a common investment vehicle. Although the real estate market has plenty of opportunities for making big gains, buying and owning real estate is a lot more complicated than investing in stocks and bonds. In this article, we'll go beyond buying a home and introduce you to real estate as an investment.
 Basic Rental Properties
This is an investment as old as the practice of landownership. A person will buy a property and rent it out to a tenant. The owner, the landlord, is responsible for paying the mortgage, taxes and costs of maintaining the property. Ideally, the landlord charges enough rent to cover all of the aforementioned costs. A landlord may also charge more in order to produce a monthly profit, but the most common strategy is to be patient and only charge enough rent to cover expenses until the mortgage has been paid, at which time the majority of the rent becomes profit. Furthermore, the property may also have appreciated in value over the course of the mortgage, leaving the landlord with a more valuable asset. According to the U.S. Census Bureau, real estate has consistently increased in value from 1940 to 2006, then proceeded to dip and rebound from 2008 to 2010.  
There are, of course, blemishes on the face of what seems like an ideal investment. You can end up with a bad tenant who damages the property or, worse still, end up having no tenant at all. This leaves you with a negative monthly cash flow, meaning that you might have to scramble to cover your mortgage payments. There is also the matter of finding the right property; you will want to pick an area where vacancy rates are low and choose a place that people will want to rent.
Perhaps the biggest difference between a rental property and other investments is the amount time and work you have to devote to maintaining your investment. When you buy a stock, it simply sits in your brokerage account and, hopefully, increases in value. If you invest in a rental property, there are many responsibilities that come along with being a landlord. When the furnace stops working in the middle of the night, it's you who gets the phone call. If you don't mind handyman work, this may not bother you; otherwise, a professional property manager would be glad to take the problem off your hands, for a price, of course.  
Real Estate Investment GroupsReal estate investment groups are sort of like small mutual funds for rental properties. If you want to own a rental property, but don't want the hassle of being a landlord, a real estate investment group may be the solution for you. A company will buy or build a set of apartment blocks or condos and then allow investors to buy them through the company, thus joining the group. A single investor can own one or multiple units of self-contained living space, but the company operating the investment group collectively manages all the units, taking care of maintenance, advertising vacant units and interviewing tenants. In exchange for this management, the company takes a percentage of the monthly rent.
There are several versions of investment groups, but in the standard version, the lease is in the investor's name and all of the units pool a portion of the rent to guard against occasional vacancies, meaning that you will receive enough to pay the mortgage even if your unit is empty. The quality of an investment group depends entirely on the company offering it. In theory, it is a safe way to get into real estate investment, but groups are vulnerable to the same fees that haunt the mutual fund industry. Once again, research is the key.
Real Estate TradingThis is the wild side of real estate investment. Like the day traders who are leagues away from a buy-and-hold investor, the real estate traders are an entirely different breed from the buy-and-rent landlords. Real estate traders buy properties with the intention of holding them for a short period of time, often no more than three to four months, whereupon they hope to sell them for a profit. This technique is also called flipping properties and is based on buying properties that are either significantly undervalued or are in a very hot market.
Pure property flippers will not put any money into a house for improvements; the investment has to have the intrinsic value to turn a profit without alteration or they won't consider it. Flipping in this manner is a short-term cash investment. If a property flipper gets caught in a situation where he or she can't unload a property, it can be devastating, because these investors generally don't keep enough ready cash to pay the mortgage on a property for the long term. This can lead to continued losses for a real estate trader who is unable to offload the property in a bad market.
A second class of property flipper also exists. These investors make their money by buying reasonably priced properties and adding value by renovating them. This can be a longer-term investment depending on the extent of the improvements. The limiting feature of this investment is that it is time intensive and often only allows investors to take on one property at a time.
REITsReal estate has been around since our cave-dwelling ancestors started chasing strangers out of their space, so it's not surprising that Wall Street has found a way to turn real estate into a publicly-traded instrument. A real estate investment trust (REIT) is created when a corporation (or trust) uses investors' money to purchase and operate income properties. REITs are bought and sold on the major exchanges, just like any other stock. A corporation must pay out 90% of its taxable profits in the form of dividends, to keep its status as an REIT. By doing this, REITs avoid paying corporate income tax, whereas a regular company would be taxed its profits and then have to decide whether or not to distribute its after-tax profits as dividends.
Much like regular dividend-paying stocks, REITs are a solid investment for stock market investors that want regular income. In comparison to the aforementioned types of real estate investment, REITs allow investors into non-residential investments such as malls, or office buildings, and are highly liquid, In other words, you won't need a realtor to help you cash out your investment.  
LeverageWith the exception of REITs, investing in real estate gives an investor one tool that is not available to stock market investors: leverage. If you want to buy a stock, you have to pay the full value of the stock at the time you place the buy order. Even if you are buying on margin, the amount you can borrow is still much less than with real estate. Most "conventional" mortgages require 25% down, however, depending on where you live, there are many types of mortgages that require as little as 5%. This means that you can control the whole property and the equity it holds, by only paying a fraction of the total value. Of course, your mortgage will eventually pay the total value of the house at the time you purchased it, but you control it the minute the papers are signed.
This is what emboldens real estate flippers and landlords alike. They can take out a second mortgage on their homes and put down payments on two or three other properties. Whether they rent these out so that tenants pay the mortgage or they wait for an opportunity to sell for a profit, they control these assets, despite having only paid for a small part of the total value.  
The Bottom LineWe have looked at several types of real estate investment, however, as you might have guessed, we have only scratched the surface. Within these examples there are countless variations of real estate investments. As with any investment, there is much potential with real estate, but this does not mean that it is an assured gain. Make careful choices and weigh out the costs and benefits of your actions, before diving in.

Adnan Hashmi Realtor deals in real estate Canada

Sunday, 25 January 2015

Cheapest Day Of The Year To Buy A House Is In January

The old and familiar rule of real estate is that it’s all about location, location, location. But getting a good deal on a new house — or selling it for the best possible price — may also depend on timing, timing, timing

According to a local real estate brokerage  , January is the best month of the year to find a deal on a house, and May is the worst.
The brokerage analyzed five years’ worth of sales prices in the Toronto housing market and found there has been a whopping $60,000 difference in the average selling price of a Toronto house in January versus in May.HOUSE FOR SALE

Wednesday, 21 January 2015

List your Home with Wolf

Adnan Hashmi Realtor

Real Estate by Adnan Hashmi: Bank of Canada shocks markets with cut in key inte...

Real Estate by Adnan Hashmi: Bank of Canada shocks markets with cut in key inte...: Bank of Canada shocks markets with cut in key interest rate.The overnight rate, which moves down to 0.75 per cent, had been at one per cent...

Bank of Canada shocks markets with cut in key interest rate

Bank of Canada shocks markets with cut in key interest rate.The overnight rate, which moves down to 0.75 per cent, had been at one per cent since September 2010. The drop in oil prices is unambiguously negative for the Canadian economy," Bank of Canada governor Stephen Poloz said in a morning news conference.  

Hot Real Estate Market 2015..  Adnan Hashmi

Monday, 19 January 2015

4 Predictions for the 2015 Toronto Real Estate Market

Four Predictions for the 2015 Toronto Real Estate Market

2015 promises to be a year of transition for the Toronto real estate market. While 2014 resembled the previous years with house prices continuing to increase, and high demand in the condo and rental market, there are some factors that may change things in the upcoming year. Here are 4 predictions for real estate in Toronto in 2015:
 House prices will finally peak
Many analysts have been calling for a price correction for several years, but this is the year prices will finally hit their peak. There are two key factors that will make this happen. First are rising interest rates. For a long time I have been advising home owners that the market in Toronto will stay on its current path until interest rates go up. We finally have some predictions that the historically low interest rates could rise later this year. This will start to cool the market even before rates actually go up. The second key factor is that we have hit a ceiling for what most people can afford. With an average sell price of over $1 million for a house in a desirable neighbourhood, we've hit the maximum of what the majority of people can afford. Salaries are not rising to match these sale prices, and the fact is vey few people can afford homes over $1 million. When fewer buyers can even get approved for a mortgage, there will be less competition to buy these homes and prices will stop increasing.
 Sold prices may become public
Currently the Canadian Competition Bureau is in a lawsuit against the Toronto Real Estate Board in an effort to allow the public access to data that previously only agents had access to - in particular sold data. There is an argument that this data belongs to the public, and having it available will increase competition and benefit the consumer. Imagine if you could go to a website and automatically see every sold price in the neighbourhood before even setting up a showing. If this happens, we may see a situation similar to what has happened in the United States, where sold data is public, and the MLS is only the 5th most popular real estate website. Other technology based companies have stepped in offering a better solution. This is one more step in opening up competition in the real estate industry and making the 5% commission model obsolete.
 Larger condo units will be in higher demand
Have you noticed more strollers patrolling the streets of downtown Toronto? Get used to this, as many families are deciding to raise their children in the city instead of moving to the suburbs. Toronto is a safe and vibrant city, and with house prices both in the city and in the suburbs unrealistic for many parents, condos are an attractive alternative. Right now, a typical semi-detached home in a desirable neneighborhood an sell for around $1 million. A condo that is the same size can sell for 30-50 per cent less. As parents look for houses and are scared away by the high prices, larger condo units will be an option many of them consider.
 It will be a buyers market for homes above $1.5 million
When I look at properties that sell for around $1 million versus properties that sell for above $1.5 million, I find the difference amazing. Houses that sell for above $1.5 million are often mansions with large lots, amazing upgrades, and are in exclusive locations. Houses that sell for around $1 million often are not really special in any way at all. As I mentioned above, this is due to peoples's salaries, and the fact that most buyers have to stretch themselves to afford prices of around $1 million, with no room to pay any more. There are very few buyers for properties above $1.5 million, and many of these luxury homes have been sitting on the market for months waiting for buyers to come. I know that for most people buying a house for over $1.5 million may not be realistic, but for the lucky few who can afford it, they may be able to get a good deal.
Thanks to huffingtonpost where this article published. really informative

Friday, 16 January 2015

Just Listed Executive 6 Bedrooms Triple Garage Detached With 6 Washrooms

JUST LISTED .'Wolf' Presents!!! Executive 6 Bedrooms Triple Garage Detached With 6 Washrooms In Prestigious Credit Mill Area Mississauga! (Eglinton/ErinMills).Approx 4800 Sq Ft. 3 Yr Old.
For Details Contact Adnan Hashmi Broker of Record Wolf Realty Inc 9057961127,Direct:6478856364
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