The Real Estate Podcast

CMHC (Canada Mortgage and Housing Corporation) recently changed their requirements for mortgage approval qualifications and we've been bombarded with questions from clients about it. They want to know how we feel it will impact the real estate market so, today we discuss it! If you're considering buying a house, are interested in selling your home or perhaps buying an investment property, FOLLOW t...

Feeling tight on money? Want to save an extra $100 a month? Check out our tips on how to reduce your spending! Money Saving Tips Guide: http://kormendytrott.com/money-saving-tips/ Money Saving Apps: https://kormendytrott.com/top-apps-to-save-and-earn-money/ On today's podcast, episode #82, we cover the most recent changes that have taken place within the real estate market, along with the new proc...

Feeling tight on money? Want to save an extra $100 a month? Check out our guides on how to reduce your spending! Money Saving Tips Guide: http://kormendytrott.com/money-saving-tips/ Money Savings Apps: https://kormendytrott.com/top-apps-to-save-and-earn-money/ **************************** On today's podcast, episode #81, we discuss the release of our money saving tips guide. With over 37 easy tips...

On today's podcast, episode #80, we talk about which investment properties you should purchase and the factors at play that could make all the difference between success and horror. What are the disadvantages of having one big property vs many small properties, the pros and cons of investing locally, and the reality of the market versus the statistics. All of that and more on today’s episode of KT...

On today's podcast, episode #79, we discuss some tips and tricks for anyone who is looking to rent a property. If you are a landlord hoping to rent out a house, a tenant looking for an apartment to live in, or anybody in between, we are here to share our knowledge and experiences so you can avoid any potential scams that are currently taking place in the GTA. What are professional tenants, some re...

On today's podcast, episode #78 with special guest Erin Monett, owner and operator of Trott Cottage, we discuss the ups and down of owning and renting out a lakeside cottage property. Erin is the owner of 2 cottages which she rents out via Airbnb and markets on social media. Her success with her businesses is an admirable feat. As a registered real estate agent she has a wealth of knowledge that a...

On today's podcast, episode #77, we discuss the reality that many real estate agents and other business owners are facing, which is trying to maintain a business or sell your services remotely. As the time in isolation grows longer, the strain put on everyone is increasing. We are facing new difficulties everyday as a country, but with any challenge there comes opportunities. Those who are adaptin...

On today's podcast, episode #76 featuring special guest Joanna Venditti from Nesting Story, we keep it casual and discuss the many changes that are taking place in our lives, and the lives of individuals all over the globe, as a result of the current times. Changes can be as small as going for a walk in the morning, reading a book, cooking more, or just an additional bit of self care. They can be...

On today's podcast, episode #75, we discuss the mental health challenges that are arising amongst many individuals due to social distancing and self-isolation. With so much time indoors many of us are becoming a little stir crazy. Without the ability to uphold our usual routines and social lives, we find ourselves looking for new ways to preoccupy our time and keep busy. Ariel has introduced medit...

On today's podcast, episode #74, we discuss different ways that self isolating and social distancing are allowing individuals to save money. With a reduced ability to spend money on certain services and goods, we are realizing just how easily we can get by without the things we once believed to be essential in our day to day lives. It brings up the topic of budgeting and what we were spending our...

On today's podcast, episode #73, we discuss what it means to offer an essential service during the COVID19 crisis. Many companies are still open and running after being deemed an essential service. At the same time many essential businesses are working with reduced staff or reduced services. As an essential business ourselves, we remain open to our clients but currently are only offering a reduced...

On today's podcast, episode #72, we discuss the current reality that many businesses of any size are facing with options being to either shut down, work from home if the work allows it, or keep doors open for as long as possible, if possible, amidst the outbreak. We have had to make many changes to the way we do business since the coronavirus came to Ontario. One of those changes is evident in our...

On today's podcast, episode #71, we discuss the true value of a preliminary home inspection. When done correctly a preliminary inspection set up by the seller can be very helpful for informing potential buyers about any risks they may be taking with the property, but if a buyer is unable to do their own home inspection due to number a reason, can one really rely on the preliminary inspection alone...

On today's podcast, episode #70, we discuss the changes that have taken place since we first addressed the coronavirus during last week's podcast. As a result of the growing concern and increased number of cases involving COVID-19, many changes have taken place around the world, including here in Canada, in order to reduce the spread of the coronavirus. All major sports leagues have put their seas...

On today's podcast, episode #69, we discuss whether the coronavirus is having an affect on the real estate market or not. As two people from our company prepare to board a plane and travel, we discuss the effects the coronavirus is having on flights, hand sanitizer availability, and national interest rates. All of that and more on today’s episode of KT Confidential - Real Estate Podcast.

On today's podcast, episode #68, we discuss the pros and cons of getting into a bidding war. It is a sellers market this time of year and if you are looking to purchase a home chances are that you will have to participate in a bidding war. Bidding wars can be daunting to most people and sometimes cause some individuals to steer clear of certain properties all together. It is our goal that with a f...

RRSPs are a staple for Canadians when it comes to investing and saving their money, but it is not the only investment a person can make in preparation for their retirement. Opportunities come in all shapes and sizes and depending on your comfort level different avenues may produce better results. It can be as simple as creating a budget to understand how much you spend and where you are spending i...

On today's podcast, episode #66, we ask the question "does size matter?" The square footage of a house can sometimes be the deciding factor for many potential buyers, but should you let it be a deal breaker? All of that and more in today episode of KT Confidential - Real Estate Podcast.

On today's podcast, episode #65, we discuss the cost of a home versus the price of the appliances inside, when you should consider upgrading, and how much you should expect to spend on those upgrades depending on your home. All of that and more in today episode of KT Confidential - Real Estate Podcast.

Are you purchasing a new home through the builder? Are you curious about whether to select upgrades through the builder or to do them on your own? There are many things to consider when upgrading your new home through the builder. From the convenience to cost, we discuss our top upgrades to spend money on through the builder and the ones you should do after you move in.

Far too many times, we've received calls from people who are left homeless after arriving at their new rental property the day they are supposed to get the keys only to find out that they've been duped. They gave thousands of dollars to a person who didn't own the property and now they're out of cash with nowhere to go. This is one of many scams going on and it's easily avoided. Ariel and Adrian d...

Today was great having Steve Cecchetto, the newest member of the KT Team, as a guest on KT Confidential. We chatted about his big move from a successful career in the Pharmaceutical industry to taking the leap into an industry that people say is saturated and one with no guarantee of income, we talk about his process of completing the courses as well as why he chose to join the Kormendy Trott Team...

Going through a divorce, separation or another type of marital breakdown? The Home Buyer Plan, which allows you to withdraw funds from your RRSP, tax and interest-free, to be repaid in equal instalments over 15 years or less is now available to you! This is an incredible tool to help people in a time of need to have access to some financial assistance to help them get started again. This was one o...

New year's resolutions, goals, targets, motivation and other topics you'd expect from our first episode of 2020. Why do most people fail at meeting their goals and what can they do to improve? We're introducing the #KTSave100 challenge to see how much you can save on your monthly expenses. Where is your money going and how much are you going to save? Let us know how you do! ************ Looking fo...

If you're going to live in the burbs, accept that there is lots going on and excessive noise comes with the territory. According to InsideHalton, one Halton resident filed 98% of the over 18,000 noise complaints in 2018 ... we call BS. In this episode of KT Confidential we talk about the residential rental market shifting and what's to come in the spring of 2020. ************** Ariel Kormendy and...