Mortgage Woes, Pre-Con Bets and More - 'The Situation' GTA Real Estate Consumer Q&A

In our monthly feature, home owners and would be buyers and sellers ask questions about the complex real estate situations they are facing across the GTA.

John Pasalis, Broker and President of Realosophy Realty, and lead contributor at Move Smartly, and Urmi Desai, Move Smartly editor, discuss the detailed questions that consumers send to John.

This month, we hear from mortgage borrowers under stress and buyers wondering how much they should count on the market rebounding in a few years: Is this the right time to try to sell a tenanted property? Is it wise to put money down on a pre-construction home now? And what happens if your bank wants you to pay more for your mortgage and you can’t afford it?

Watch the video above or at the Move Smartly YouTube channel with time stamps or listen on the Move Smartly podcast on Apple.

Submit your own real estate questions to askjohn@movesmartly.com

 

Move Smartly is powered by Realosophy Realty Inc. Brokeragean innovative residential real estate brokerage in Toronto. A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and selling a home. 

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