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Purchasing a Condo

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Condo Hunting on a Budget? Be ready enough to Offer with Confidence

Author: 
Toronto Condo Team CA
Publication date:
July 3, 2019
Article Summary: 

Buying a condo in Toronto can be challenging if you're on a tight budget. But, there are ways to maximize your budget and get the best value for your money. Before beginning your search, determine what you can afford, obtain a mortgage pre-approval, and be prepared to compromise on factors like square footage, location, and amenities. Consider the value of the property and the possibility of gentrification, and be prepared for bidding wars. Look for discounted units such as those with obstructed views or those located near a garbage chute.

Keywords: 

condo, budget, mortgage pre-approval, bidding wars

Source Citation: 
Toronto Condo Team CA
Condo Hunting on a Budget? Be ready enough to Offer with Confidence
July 3, 2019
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