KNOWLEDGE CAFÉ

Category: <span>Resort</span>
All your real estate information in one place. Learn from a REALTOR® how to navigate the real estate market and become a knowledgeable consumer. I post interesting topics on this page regularly. Feel free to contact me if you have any questions, or if you want to know more about any of the topics. The information contained on this page is intended solely to provide general guidance on matters of interest for personal use. All content is provided ‘as is’, without warranty of any kind and should not be used as a substitute for consultation with a qualified professional.
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Cancellations: Some Contracted Buyers Losing New Homes

Author: James
Categories: News,Pre-Construction,Resort

For those planning to buy new homes or condo preconstruction properties. Be aware. Builders in Florida are inserting two types of cancellation clauses: an escalation clause that says they can raise the home price if material costs go up significantly, or a duration clause that states the builder can cancel if they are unable to start construction within six months. Similar clauses relating to builder financing have also been used in Ontario in the past to cancel contracts. Be sure to raise these issues with your real estate agent and lawyer and have them review all contracts carefully before going firm.


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2021 Profile of International Transactions in U.S. Residential Real Estate

Author: James
Categories: Knowledge,Resort

Interested in knowing how housing prices compare globally? Home prices in many U.S. metro areas are comparatively inexpensive compared to prices in the central areas of global cities. The National Association of Realtors just released their 2021 Profile of International Transactions in U.S Residential Real Estate. In light of the pandemic and border closures, Canadians still managed to purchase $4.2 billion USD of residential real estate between April 2020 through March 2021 in the U.S.


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International Investment in the U.S. Market

Author: James
Categories: Knowledge,Resort

Is it the right time to invest in the U.S. real estate market? Covid-19 is subsiding and vaccination rates are increasing. It appears that the U.S. is open for business. Canadians enjoy a special relationship with the United States that will likely continue and flourish post-pandemic. Learn more about investing in the U.S.


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Is It Time To Look For A Vacation Home?

Author: James
Categories: Knowledge,Resort

The housing market in early 2020 was negatively impacted with the COVID-19 lockdown. Since restrictions have loosened somewhat, we have currently seen a bounce back to a typical spring-like housing market. 

During the pandemic, travel has been limited and people have been forced to cancel their vacations. As restrictions further loosen up, there will likely be an upsurge in interest for vacation properties. Many home buyers are searching for a domestic escape. In addition, people’s work arrangements have also been changing. A portion of the workforce is now working comfortably from home. Many employers are also giving their employees the option to work from home permanently, which has prompted home buyers to reassess their living conditions. The idea of having a home as a place to work and to relax has become more of a reality.


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James Skenderis Awarded The Certified International Property Specialist (CIPS) Designation

Author: James
Categories: News,Resort

James Skenderis, Broker at Right at Home Realty Inc. Brokerage has earned the Certified International Property Specialist (CIPS) designation, placing him among 3,500 elite real estate professionals in over 45 countries. 

The CIPS designation is synonymous with advanced expertise, a global perspective, and distinct understanding of a global buyer.


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James Skenderis Awarded The Resort and Second-Home Property (RSPS) Certification

Author: James
Categories: News,Resort

James Skenderis, Broker at Right at Home Realty Inc. Brokerage has been awarded the Resort and Second-Home Property Specialist (RSPS) Designation by the National Association of REALTORS®.

The RSPS certification is a nationally-recognized certification awarded by the National Association of REALTORS® to real estate professionals who wish to demonstrate and promote – to consumers and their peers alike – their expertise in the resort and second-home specialty.


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Exploring Vacation and Investment Opportunities in the Bahamas

Author: James
Categories: Resort

Have you ever been interested in owning property outside of Canada? Perhaps a beachfront resort home in a tropical destination? It’s easier than you think. There are many investment friendly countries that welcome foreign investment and some may even provide preferential immigration status. However, there are also countries that place significant restrictions on foreign ownership. Navigating global markets can be challenging and involves understanding not only the real estate market, but also political, economic, and cultural practices. Rest assured there are professionals both locally and abroad that can help you find your dream vacation property with minimal stress.


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