Ontario Tax Sale Property Forum

Tax Sale Forum => Off Topic => Topic started by: SearchingEyes on April 20, 2015, 11:45:23 AM

Title: Looking for Advice on Buying Canadian Property.
Post by: SearchingEyes on April 20, 2015, 11:45:23 AM

Liked a property in Ontario region and I'm thinking of buying the property at the earliest. I've never dealt with properties out of States and I have no idea about the complications in it. The property I'm talking about is a residential property and the whole plot measures around a hector. Price is around $450k and is negotiable. Since, I lack experience with Canadian market, I'm thinking of dealing this with the help of Realtor team in Ontario region. Meanwhile I would also like to know about the market and things I should be worrying about the deal. What is the avg. market of a residential property which includes 3 bedroom house and land? I appreciate the inputs from you.

Title: Re: Looking for Advice on Buying Canadian Property.
Post by: bee on April 23, 2015, 04:40:54 AM

you are in the wrong department bud, please try www.realtor.ca ( public friendly)  ;)

Title: Re: Looking for Advice on Buying Canadian Property.
Post by: Pfm1011 on April 26, 2015, 05:10:49 PM

I have no idea where you are from but houses go from 50k in elliot lake to 3 million in Toronto

I suggest you look at a map and drop any european country on Ontario...then you will grasp the size..

Ontario is 1 million sq Km  Germany is 350K England 130K

Title: Re: Looking for Advice on Buying Canadian Property.
Post by: AlanMerle on January 22, 2016, 06:05:58 AM

Hey Searching eyes

Since you have already decided on the property so I will not say that you look for the features, location and budget suitable to you.
Rather you should for the realtor now. But while finding a realtor, you need to be sure that the realtor is very well aware of the trends. You should talk to different realtors and compare them and then decide which one is best for you.
When you have found realtor then you can make an offer. There are several conditions that you can propose on offer. Some of these are:
Deciding on mortgage which includes interest rates, amount etc.
Survey of the property that may include inspection and title of the property.
If your offer is accepted then you can proceed with the transactions.