TRADING UP

If you’ve owned a home for a while, especially in the golden 5-7 year range, then you likely have paid down a portion of mortgage debt. At the same time, your property has increased in value. Like most families, you’ve got an upgrade path in mind that you need for your lifestyle and investment nest egg in real estate.

One important decision to make is whether to sell first or buy first. The answer depends on your financial status, market conditions or a particular opportunity to buy. Most families cannot afford to pay two mortgages simultaneously. They need to know how much money they will have before making an offer on their next property. However, if you feel confident that your home will sell quickly then it’s worth a conversation if you are trying to buy a home in a tight market. Again, this is something that we talk about when examine your particular needs.

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CONTACT

Douglas Gubitz, LL.B.
Sales Representative

ADDRESS:

1300 YONGE STREET, SUITE 100, TORONTO ON M4T 1X3

Phone:

416.399.6853 (Mobile)
416.925.9191 (Office)
416.925.3935 (Fax)

BROKERAGE

By establishing office locations in the most desirable luxury and recreational markets in Ontario, we're able to serve a wide range of clients looking to buy and sell both primary and secondary residences across the province.

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