David Schooley, Broker
RE/MAX Twin City Realty Inc. Brokerage
Call/text +1 (519) 577-1212 | david@goinghome.ca
Cheap rent in a great neighbourhood can be a sign that something is amiss.
We’re currently experiencing a heavily skewed seller’s market, which means there’s a shortage of listings and more potential buyers than homes.
MPAC valuations are, at best, a single snapshot within a four-year assessment cycle.
Credit scores are critical, as lenders use them to help gauge the creditworthiness of mortgage applicants.
From a valuation perspective, your listing price needs to target the range between what the property is earning today and its full earning potential.
A listing that feels overpriced may see fewer offers and represent the “less competitive” buying opportunity you’ve been waiting for.