Repurpose your Furnishings or Rent to Stage

Staging Do we  Repurpose or Rent

When preparing a house for sale, I like to re-purpose as many items in the home as possible. I like to use the owners art, decorations and furniture to highlight each room to its potential. Owners are often surprised how moving these items around and re positioning them can make a difference.

It helps to have someone who has no attachment to the home and its furnishings see new possibilities. This helps keep cost down vs renting items. The only time we would rent or buy for staging is when all other options have been exhausted.

Lets deal with it Now

Liz Manore   905 467 2400.

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Let's get together for a coffee and discuss how we can help you.

416 233 9000

Is your plan adequate for retirement?

Have you considered where in Toronto you could live?

Are you where you want to be now?



Do you have everything you need?

Have you prepared and planned for the future?

Average People have Dreams and Hopes; Confidant people have Goals and Plans.

Let me help you get there.

My number is             647 218 2414      .


So there's my number Call me Maybe

Toronto Condo Owners STOP paying Maintenance Fees

Are you angry with a decision made by your condo board?

Have they done something to raise your maintenance fees?

How can they impose those kinds of rules?

Can you withhold your maintenance fees as a protest?

Can owners withhold their common expenses if they are engaged in litigation with the Corporation? In a recent case, Carleton Condominium Corporation No. 396 v. Burdet, the Court of Appeal confirmed that common expenses are payable, even if there is on-going litigation relating to the validity of common expenses. A group of owners and the Corporation had been engaged in a protracted dispute since 2000 relating to voting rights and financial matters. In 2009 the Corporation filed liens against the owners' units and subsequently commenced power of sale proceedings.In response, the owners paid $104,185 to the solicitors for the Corporation, to be held in trust pending the resolution of issues in court proceedings. Thereafter the group of owners ceased paying common expenses altogether.The trial judge had ordered that the amount held by the Corporation’s solicitors in trust be paid to the Corporation to be applied to common expense arrears and the group of owners was required to pay condo fees going forward. The owners appealed on the basis that as the Corporation owed money to the owners they had a right of set-off. The Court of Appeal rejected the owners’ position on the basis that section 84(3) of the Condominium Act was clear that common expenses must be paid regardless of any other claims between the parties. The Corporation was also awarded costs in the amount of $30,000.Considering that litigation can be a very slow and long drawn-out process, condominium corporations will be relieved to know that common expenses are payable when due regardless of any set-off claims made by owners. 

Thank you to Heenan and Blaikie and on behalf of Condo Reporter [dlash@heenan.ca] 

I am always amused to hear how the residents are going to rally together to teach the Condominium Board a lesson.   The Condo Board acts at your direction;  You elected them.   They report to you annually.  They probably have a mid term report / Meeting and quite often I assume a printed and emailed newsletter.  There is mechanism for you to remove them for a valid reason.  Those are called Requisition Meetings.

When you purchased a condominium you agreed to abide by the Rules and Regulations of living in that community.

What do you think?    Should you be allowed to with hold money?

\Add your comments....

Where else but IN a Phone Booth?

LAST CHANCE - ends on Saturday! TEL-TALK art interventions in telephone booths Exhibition continues to Saturday, July 14, 2012 Exhibition photographs available at http://telephoneboothgallery.ca/tel-talk.html Coordinated by: Paola Poletto, Liis Toliao and Yvonne Koscielak Tel-talk is an on-going project that brings together artists of varying backgrounds, from across the country, to perform in and or animate a telephone booth in response to themes surrounding public spaces, and the disappearance of traditional phone booths. Artists and writers were invited to contribute a site-specific installation, artwork, or short work of fiction, which references a unique telephone booth location. The installations began in September 2011 and continue through to July 2012. Over the last nine months, each installation was announced and documented on the Tel-talk blog (http://tel-talk.blogspot.ca/). The Tel-talk project has culminated in the current exhibition at the Telephone Booth Gallery, along with a fabulous book which outlines contributions to the project in (phone) book form, printed under the Tightrope Books imprint. The book is now available at the gallery for $19.95.  The project continues online with an open invitation to artists and writers to make their own art interventions.  Full list of participants: http://tel-talk.blogspot.ca/ Notable Press: Torontoist - http://torontoist.com/2012/06/telephone-booth-takeover/ Taddle Creek - http://www.taddlecreekmag.com/art-on-the-line Must see exhibition - NOW Magazine, IN Toronto Magazine Globe and Mail - http://www.theglobeandmail.com/arts/artists-to-give-telephone-booths-across-toronto-a-facelift/article534602/#039;s%20Must%20Reads&utm_content=2372021 LAST CHANCE to catch these TEL-TALK  Telephone Booth art interventions  Through to July 14 Lansdowne Light Box Dyan Marie Dupont Street and Lansdowne Avenue (Toronto, ON) (Nearby Coffee Time) Through to July 14 Flagpole (a meta-conversation) Stuart Keeler Jarvis Street and Wellesley Street East (Toronto, ON) HOURS Tues by appt. Wed - Fri 11am - 6pm Sat 10am - 6pm TELEPHONE BOOTH GALLERY  3148 Dundas Street West - Toronto - Ontario - M6P 2A1 (The Junction, Dundas at St. John's Rd.) T             647 270 7903       - www.telephoneboothgallery.ca Contact: Sharlene Rankin, Director sharlene@telephoneboothgallery.ca (Works featured:  Postcard - Dyan Marie, TEL-Talk book cover and interior page, textile work by Lizz Aston, glass phones by Steven Tippin)

Use Equity When Divorcing

How You can Access more equity when divorcing!

Hi, I’m Nathalie Ng. I'm the Money Chick- A mortgage agent who is licensed 2 give unbiased advice on your mortgage. 

Can you help clients who are single, separated, single parents  & divorced?

Yes I do and it is a special niche as I deal with lenders who are in this market segment.



What can clients do when they are divorcing? I know of many women who are looking to buy their own property now.  Can they start all over again & buy another property?

Definitely... With the increasing # of divorces, many of them want 2live separately. However, due to the economic circumstances, some stay together in order to keep the house Others, rent after divorce. Both of 
which are not good as in the 1st case, they are unhappy living together and the 2nd, it is financially not 
advisable to rent.

In the traditional way,  when a couple is divorcing, their lawyer is splitting all their assets. There could
be times when the couple decides to sell the house and live separately. So what happens then?

What happens is each party ends up with a smaller equity thus, resulting from not being able to buy another
property. As you may also know, utilizing a mortgage to Refinance & free up equity can definitely be a great 
tool when paying out joint matrimonial liabilities, as well as providing a cash settlement. Recent changes in mortgage financing however have now capped accessing home equity to 85% of the property’s value. But I have good news! There are cases where I have been able to assist divorcing couples & their lawyers in 
negotiating separation agreements. Essentially, the clients are allowed to free up to 95% of the equity in a 
property specifically for marital splits. That is a huge difference from 85% which is the norm.


So let`s say, for a house valued at $400,000, how much equity they can get?

With traditional lenders, they can only have access to 85%, which = $340,000 in this case. This could be
used to pay off one spouse, debts & settlement.  Now compare this vs accessing 95% of the value of the
house.

For the same house of $400,000, now they can access $380,000 of equity. This is an extra $40,000. That
$40,000 can itself contribute towards a bigger down payment towards a new house. All this is at very good
mortgage rates. Divorcees and single parents should really think of owning again rather than renting.

That is the smarter way…Thank you Nathalie. How can we get hold of you?
Nathalie can be reached at 416-629-1818

Paying for the Staging

Photo Credit LastDetail.ca

In Toronto's competitive real estate market agents are recommending staging to get Buyers to pay the highest dollar for a property.  They stage and craft every detail, with a single goal.  Hold offers to create a frenzy. Possibly underprice to garner additional attention. Why?  To engage you emotionally with house.


"See! This is how it could be if you lived here."


So on the average sale of $650,000  in competition you might add on $50 - $75,000.


That is a lot of lipstick and paint that you can buy later.


Rather than mortgaging furniture and pillows that were rented;

• Lets look for a property that has been on the market a little longer.
• Suffers from Divorce or Financial Stress
• Visible deferred Maintenance Issues
• Mom or Dad has been moved out and it needs a facelift.
• Needs a bathroom or Kitchen remodel.
• You will be painting anyways
• You will find neglected and masked repairs.
• You will be making renovations.

Lets put your money to better use.  Buying you, your Dream Home within your budget and where you can have the mortgage paid off sooner.


That's what its really about..  Not conspiring to cost your more.


Ready to get started?  Call me...