By: Miguel Fernandez Morales LLB, MBA

Zero Downpayment Program

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR

 Everybody knows how important is to give the first step in real estate buying your first home. However not everybody is able to save for down payment and although it could be as low as 5% of the purchase price in the first $500,000 it is not easy to save it. The zero down payment program is still possible but it is not offered for all financial institutions. The requirements to qualify are ...Read More

By: Miguel Fernandez Morales LLB, MBA

Beware of Newbies

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

 By Miguel Fernandez Beware of newbies   Last week I was showing some condo apartments in Toronto, to my client and when I was looking for the lock box with the key to access the unit, I could not find it. According to the instructions, the lock box was in the stairwell closest to the unit on the same floor. I looked in all the same floor stairwells and I could not find it, so  I...Read More

By: Miguel Fernandez Morales LLB, MBA

Why it is good idea to buy a house in Winter

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

 This is a question that I receive every winter -  It is a good idea to buy a house in the winter? So real estate wisdom tells us that spring and summer are the prime seasons for house hunting and moving. People are more likely to get out and shop when the weather is nice. It is a more pleasant time of year, and sellers know their yards look better when not covered in snow. Yet there ar...Read More

By: Miguel Fernandez Morales LLB, MBA

Honesty is not Enough Sometimes

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

By Miguel Fernandez Honesty Is Not Enough Sometimes I would like to share what happened at one of my last ethical committee hearings at RECO.(Real Estate Council Of Ontario) In the hearing where I was acting as a Chair, I had in front of me  real estate agents who were not crooks, like some other times, they were honest realtors and were trying to represent their clients. Why were they ther...Read More

By: Miguel Fernandez Morales LLB, MBA

I Hate Salespeople

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

By Miguel Fernandez I Hate salespeople  I have heard this expression more than once, and I understand that the commission-based work plus the lack of character and values (with some drops of desperation) makes some salespeople hated. I had a different experience not long ago, I was buying a second car for myself since the family SUV had some mileage on it and I wanted to leave it at home for...Read More

By: Miguel Fernandez Morales LLB, MBA

These Clients were cheated by their Real Estate Agent

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

 By Miguel Fernandez I was looking for some horror stories where real estate agents cheat  their clients to finish my book "Real Estate Secrets" and I found this complain of a client against his agent, please read below:   " So, we bought a new house in Mississauga area recently and used the same agent  who helped sell our previous house. This is not my fir...Read More

By: Miguel Fernandez Morales LLB, MBA

How my clients saved $45,000

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

How my clients saved $45,000 By Miguel Fernandez   I want to share a story that happened to my clients last week. One of my past clients referred Sara to me, she wanted to buy a house and was looking for someone able to help her with the mortgage and the purchase. She was talking to my past client, Marlene, about the possibility of buying a For Sale By Owner house. According to Sara, the owne...Read More

By: Miguel Fernandez Morales LLB, MBA

Why Some Houses Do not Sell

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

Why some houses don’t sell By Miguel Fernandez Last week I was showing houses to my clients and one of the houses that we saw was not bad at al. It looked better than in the pictures but it was in the market for more than 120 days. My clients liked the house but they were scared because they thought that it was something wrong with the property. I tried to call the listing agent to find ou...Read More

By: Miguel Fernandez Morales LLB, MBA

Are Hydro lanes close to your Backyard?

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

Are Hydro Towers close to your Backyard? By Miguel Fernandez   In the last two weeks I have been showing houses to one of my clients in Aurora and we noticed that many of the properties that were in the market for a while were backing on to the Hydro Tower Lines. At first, it looked very convenient because there were no neighbors behind the backyard which makes it consequently more priv...Read More

By: Miguel Fernandez Morales LLB, MBA

Help us get rid of dishonest real estate agents.

Tags: MIGUEL FERNANDEZ, REAL ESTATE ADVISORS, YOUR FAMILY REALTOR, SPANISH AGENT IN TORONTO, CUBAN AGENT IN TORONTO, AGENTE DE BIENES RAICES CUBANO EN TORONTO Y EL GTA, BIENES RAICES, CASAS TORONTO, HONEST REALTOR,

By Miguel Fernandez A few weeks ago I was presiding over a hearing at RECO’s(Real Estate Council of Ontario) ethical committee. The hearing was about a very popular agent in Toronto who was taking advantage of a few clients when representing both buyers and sellers in the same transaction. She was making Sellers sign listing agreements, changing the contracts to exclusive listings and avoid...Read More