KAITLYNN MARTINS
+1 (647)
FAQ
Frequently Asked
Questions
Find answers to common real estate questions below. If you don't see what you are looking for, feel free to reach out - I am here to help.
BUYING
Yes. A mortgage pre-approval helps determine your budget, gives you a better understanding of your monthly payments, and shows sellers you're a serious buyer. It can also make your offer more competitive in a multiple-offer situation.
The minimum down payment depends on the purchase price of the home. In addition to your down payment, you should budget for closing costs such as legal fees, land transfer tax (where applicable), title insurance, and adjustments. I'll help you understand all of the costs before you make an offer so there are no surprises.
Absolutely. Depending on market conditions, buyers may include conditions such as financing, home inspection, or review of condominium documents. I'll help you determine which conditions best protect your interests while keeping your offer competitive.
Every purchase is different, but many buyers find the right property within a few weeks to a few months. Once an offer is accepted, the closing period is often between 30 and 90 days, depending on what works best for both parties.
Everything you need to know about the home buying process.
SELLING
Your home's value is based on recent comparable sales, current market conditions, location, condition, and buyer demand. Pricing your home correctly from the beginning helps attract qualified buyers and often results in a stronger sale.
While it's not always required, staging and proper preparation can make a significant difference. Simple improvements such as decluttering, professional photography, and minor touch-ups can help your home stand out and maximize its value.
The timeline varies depending on market conditions, pricing, location, and property type. Well-priced homes that are professionally marketed generally attract more interest and can sell more quickly than overpriced properties.
Common selling costs may include real estate commission, legal fees, mortgage discharge fees (if applicable), and any agreed-upon repairs or adjustments. Before listing, I'll provide a clear estimate so you know exactly what to expect.
Important information to help you sell your home with confidence
INVESTING
For many investors, real estate continues to be an effective long-term wealth-building strategy. Success depends on choosing the right property, understanding rental demand, cash flow, financing, and your overall investment goals.
Key factors include location, rental demand, property condition, expected cash flow, future appreciation potential, and ongoing operating costs. I can help you evaluate each property before you invest.
Both options have advantages. Condominiums often have lower maintenance responsibilities, while freehold homes may offer greater appreciation potential and flexibility. The right choice depends on your investment strategy and budget.
Yes. Many homeowners purchase additional properties for rental income or long-term appreciation. Your financing options will depend on your income, equity, and lending qualifications, and I can connect you with trusted mortgage professionals to explore your options.
Answers about real estate investment and building wealth.
GENERAL
A REALTOR® provides professional guidance throughout the buying or selling process, negotiates on your behalf, manages the paperwork, coordinates with lawyers and mortgage professionals, and helps protect your best interests from start to finish.
I proudly assist clients throughout Ontario, with a primary focus on the Greater Toronto Area, York Region, Simcoe County, Durham Region, Peel Region, Halton Region, Hamilton, Niagara, and surrounding communities.
A home's value depends on recent comparable sales, neighbourhood trends, property condition, and current market activity. I offer complimentary home evaluations to provide an accurate estimate of your property's current market value.
The first step is scheduling a complimentary consultation. Whether you're buying your first home, selling, investing, or simply exploring your options, we'll discuss your goals, answer your questions, and create a strategy tailored to your needs—with no pressure or obligation.
General questions about my services and how we work together.
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