Newmarket Open House Saturday and Sunday

Culture Realty Solutions Inc. is holding an OPEN HOUSE:

Saturday Dec. 12th from 2-4pm
Sunday, Dec. 13th from 2-4pm

The address is 1063 ON BOGART CIRC NEWMARKET, ON L3Y 8T4


The property for sale is an executive Townhome In Prestigous Bogart Pond Area Offers Modern Kitchen, Neutral Decor, Open Concept, New Hardwood And Fresh Paint. Rec Room In Basement Could Be Used As Master Suite With His And Hers Closets And 5 Piece Ensuite. This Very Quiet Subdivision Offers Mature Trees, Peacful Views From You Own Deck And The Comfort Of A Low Maintanace Lifestyle. Very Easy For Hwy 404 Commuting , Schools, Shopping And Public Transit.**** EXTRAS **** Fridge, Stove, B/I Dishwasher, B/I Microwave, Garage Door Opener, Water Softener, Reverse Oasmosis System, Washer, Dryer.

If you have any questions or need directions, please contact:

Randall Weese, Real Estate Broker
Culture Realty Solutions Inc.
1-877-277-0190

For more details on the property please click here: MLS®: N1754996

Culture Realty Solutions Inc.

New Listing in Newmarket - SOLD CONDITIONAL

Culture Realty Solutions Inc, just listed a property for sale in Newmarket.

General Description Executive Townhome In Prestigous Bogart Pond Area Offers Modern Kitchen, Neutral Decor, Open Concept, New Hardwood And Fresh Paint. Rec Room In Basement Could Be Used As Master Suite With His And Hers Closets And 5 Piece Ensuite. This Very Quiet Subdivision Offers Mature Trees, Peacful Views From You Own Deck And The Comfort Of A Low Maintanace Lifestyle. Very Easy For Hwy 404 Commuting , Schools, Shopping And Public Transit.**** EXTRAS **** Fridge, Stove, B/I Dishwasher, B/I Microwave, Garage Door Opener, Water Softener, Reverse Oasmosis System, Washer, Dryer.

Click here to see more photos and details.

Randall Weese, Real Estate Broker
Culture Realty Solutions Inc.
1-877-277-0190

Interest Rates Could Remain Low

The Bank of Canada again reiterated their desire to keep the Bank Rate at a very low level until June 2010. Some economists are specualting that it may remain low into the 4th quarter of 2010.

This could mean that interest rates might remain low for some time (at least through 2010). The record low interest rates are one of the main reasons behind the red hot real estate market. Just this weekend, Culture Realty Solutions Inc customers sold two homes (one in Mississauga and one in Vaughan) and represented one buyer. We also listed another home yesterday!

The journal of commerce reports that lower interest rates spur housing sector recovery.


Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

Real Estate Offices Can Make Commissions Expensive

Some businesses still require a brick and mortar location. For example, it would be hard for a Lululemon store to come to your home and show you all the great clothes they have. It would also be hard to have Toyota or GM drive all their models over to your home and let you choose. These business need a place for consumers to go. A place for consumers to see the products and choose.

Real Estate is different. Real estate agents come to your home (they have to: that's the product that needs to be sold). Buyers also need to drive to see the homes that they are interested in. So the question is "Is a real estate office necessary?". In the traditional sense of having a fancy office with high overhead, they are not needed. A fancy office simply means that high commissions are required to pay for it.

We are currently living in the information age: Internet, Blackberries, Online Fax. Culture Realty Solutions Inc. is completely online (yes, we still have a low-key office for all our files). However, our agents receive offers to their Blackberries and all our listings are online on MLS.ca/realtor.ca. We come right to our buyers and sellers' homes and provide great service right at your door. Our customers can contact us at any time through cell phones or emails. When you call Culture Realty, you will not get the customer service agent telling you that "they are not in the office right now, can I take your number and have them call you back?". When you call Culture Realty, you get the person you need, wherever they are. This means that we are able to help our customers save money and handle our business from anywhere.

Isn't technology great!


Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

New Listing in Mississauga - Already SOLD!

Culture Realty Solutions Inc just listed a 5 bedroom, 5 bathroom home for sale in Mississauga:

Executive Home In Desirable Area Offers 5 Bedrooms, 5 Washrooms, Finished Basement Including Kitchen And Entrance From The Garage. No Expense Has Been Spared With A Brand New Maple Kitchen With A Granite Counter Top, Crown Moulding In Many Rooms , Hardwood Throughout And To Many Pot Lights To Count. You Won't Be Disapointed! This Home Has It All!**** EXTRAS **** 2 Retractable Awnings To Cover Interlock Patio, California Shutters, Incl. Fridge, Stove, Washer, Dryer, Dishwasher, 2 Garage Door Openers And Remotes. Excl. Dn Rm Fixture,2 Freezers & Basement Appliances , Curtains In Master Bedrm.

Click here to see more photos and details

Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

New Listing in Vaughan - Already Sold!

Culture Realty Solutions Inc. just listed a 3 bedroom, 3 bathroom, home in Vaughan:

Rare Listing In Desirable Sub Division Offers 3 Spacious Bedrooms, 3 Washrooms Including Master Ensuite, Excellent Layout With Living Room, Family Room, Dining Room, And Private Mature Yard. Great Location For Schools, Shopping, Commuting, Public Transit,And To Raise A Family.**** EXTRAS **** New Roof 2007, New Thermo Windows 2006, Large Mature Trees, Home Offers All Parquet Flooring Or Ceramic Tiles For Easy Maintenance. Family Friendly, Prestigious Area.

Click here to see more photos and all the details.

Please contact us if you would like to view the property.

Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

Toronto Real Estate Stats For November

The Toronto Real Estate boards released their monthly report for November. You can see the entire report by clicking here: November Stats

Some of the highlights include:

Sold homes increased by 105%.
New listings were the same as last year : 0% change
Active listings were down by 49%
Days on the market decreased from 41 day last year to 26 days this year.
The average price increased by 14% to $418,460.

This stats indicate that the market is very hot! Homes are selling quickly because their are less active listings (more demand) and mortgage rates are at all time lows.


Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

How much money can I borrow?

If you are planning on purchasing a home, it's important to first determine "how much money can you borrow". When you borrow money from a bank to purchase a home, it's called a mortgage. The banks will look at 3 different factors in order to determine how much money they will lend you.

1) Your income
2) Your credit score
3) Your debt


Your income

Banks will examine how much money you (and the other people purchasing the home with you) earn. They will request a T-4, or a pay statement to confirm your income. You can use online calculators to determine a "ball-park" figure. For example, at today's interest rates (5 year fixed 3.99%), if you earn a combined income of $70,000, you can obtain a mortgage of $400,000 at a 35 year amortization. If you choose a variable rate, you can obtain a mortage of $521,000.

Your credit score

Your credit score will also have an affect on obtaining a mortgage. You should check your credit score at equifax or transunion. If you have past credit problems (ie bills that went to a credit collection agency), then it might affect how much money you can borrow.

Your debt

The banks will also examine your month debt obligations. If you have car payments, credit card payments, or other loan payments, then this will also affect how much you can borrow. If this is a concern for you, it would be best to pay off one (or more) sources of debt or rearrange your debt so that the monthly obligations are less. However, you should make sure that you are comfortable with your debt, before obtaining a large mortgage.

If you are interested in purchasing a home in the GTA, you can contact us at buyers@culturerealty.com or 1-877-277-0190.


Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

The Culture Of Real Estate

Every country has a specific real estate culture. It's actually more specific than "country". Even each province, city, neighbourhood has it's own "Real Estate Culture". In Ireland, real estate agents charge less than 1% commission. In Canada the "standard" commission rates vary per province.

In Ontario, the standard commission is 5% (All commission rates in Ontario are negotiable). The standard 5% is usually paid by the seller and it is distributed as

2.5% to the brokerage that listed the property
2.5% to the brokerage that represented the buyer

The buyer does not usually see the "direct" result of the commissions paid because they simply pay a set amount for the home. However, the seller does experience the "direct" result of the commissions paid because if they sell their home for $400,000, then the seller will pay 5% commission which amounts to $20,000 (plus GST). This means the seller receives approximately $379,000 from the sale of their home.

Culture Realty Solutions understands that is the culture of real estate in Ontario. However, we also understand that consumers have many questions about the current real estate structure. Some of the questions we receive are:

Can I put my home on mls for a flat fee?
Can I sell my home for only 1%?
Can I sell my home privately?

Consumers are looking to receive the maximum amount of value for their home. They want to keep as much money in their pocket as possible. Buyers want to know that they are getting the best deal for the property.

Culture Realty Solutions Inc is working on solving these questions. We work with many "For Sale By Owner" customers in order to allow them to sell with us on mls and still maintain the right to sell privately. This way, the seller receives the maximum exposure and has the opportunity to save the most money when they sell. We represent many buyers in the GTA and work to find them the home that they want at the price they want.

If you have any questions, please give us a call (1-877-277-0190) or send us an email (info@CultureRealty.com).


Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190

TD says that we have mild over-valuation

A recent Globe and Mail article quotes a TD research report. It's a small article...

Real Estate Surg no 'blip'.

Culture Realty Solutions Inc.
Real Estate Brokerage
1-877-277-0190