Real Estate with Ali

Appraisals {a compelling caution} Authored by : Ali Khan, Sales Representative, IPRO Realty , 416 .562 .6811 The "bipolarity" of the GTA & Surrounding market continues to unfold, demonstrating a downward trend in pricing & values, almost on a weekly basis. Going forward, Buyers need to practice extreme caution when placing offers. My recommendation is to have your Realtor thoroughly analyze (very) recent comparable sold before deriving an offer price. As part of pro active du...e diligence, I highly recommend presenting the said Listing to your Mortgage officer/Lender to ensure they're confident on your offer price from an appraisal perspective. Lets use this simple example for further clarity: Your offer gets accepted on a detached house at a price of 1.3M as of May 14th, 2022 with a closing date of June 30th, 2022. If due to factors like Buyer fatigue, rising interest rates, trends on the international front & excessive inventory, the average price of a detached in the said area reduces to 1.25M, Your mortgage lender "might" request you to increase your down payment by upto $50,000.00 due to this price drop. There's no doubt , timing the market is almost impossible, however being aware of this potential challenge & engaging/connecting with the mortgage lender prior to offer submission will serve as an enabler for an informed, relatively safer decision. For reference , here's a definition of "Bank Appraisal": "An appraisal determines the home's value to ensure that the price reflects the home's condition, age, location, and features such as the number of bathrooms. Also, appraisals help banks and lenders avoid loaning more money to the borrower than the house is worth." - Investopedia Ali Khan Diamond Award Winner Sales Representative IPRO Realty 416 562 6811 See more

Appraisals {a compelling caution} Authored by : Ali Khan, Sales Representative, IPRO Realty , 416 .562 .6811 The "bipolarity" of the GTA & Surrounding market continues to unfold, demonstrating a downward trend in pricing & values, almost on a weekly basis. Going forward, Buyers need to practice extreme caution when placing offers. My recommendation is to have your Realtor thoroughly analyze (very) recent comparable solds before deriving an offer price. As part of pro active d...ue diligence, I highly recommend presenting the said Listing to your Mortgage officer/Lender to ensure they're confident on your offer price from an appraisal perspective. Lets use this simple example for further clarity: Your offer gets accepted on a detached house at a price of 1.3M as of May 14th, 2022 with a closing date of June 30th, 2022. If due to factors like Buyer fatigue, rising interest rates, trends on the international front & excessive inventory, the average price of a detached in the said area reduces to 1.25M, Your mortgage lender "might" request you to increase your down payment by upto $50,000.00 due to this price drop. There's no doubt , timing the market is almost impossible, however being aware of this potential challenge & engaging/connecting with the mortgage lender prior to offer submission will serve as an enabler for an informed, relatively safer decision. For reference , here's a definition of "Bank Appraisal": "An appraisal determines the home's value to ensure that the price reflects the home's condition, age, location, and features such as the number of bathrooms. Also, appraisals help banks and lenders avoid loaning more money to the borrower than the house is worth." - Investopedia Ali Khan Diamond Award Winner Sales Representative IPRO Realty 416 562 6811

Purchased & Closed! 3530 Callan St. Niagara Falls #myhonourtoserveyou

Are you an investor that's planning on relying on the "Assignment Clause" provision when it comes to Pre Construction projects? Do You perceive "Assignment clauses" as a significant perk? Are "Assignment clauses" being presented to you as an "easy way out" or a glorified "get rich quick & hassle free" proposition? I'm thrilled to present an assortment of Pro's and Con's of Assignment clauses in efforts to contribute towards Your endeavours towards a smart, meaningful & well i...nformed investment strategy. Coming Soon across all Real Estate with Ali social handles #myhonourtoserveyou Ali Khan Diamond Award Winner Sales Representative IPRO Realty 416 562 6811

Dear Buyers, Your time has arrived. Over the years, I've been very fortunate to successfully execute a significant number of transactions in almost all major pockets of GTA. Leveraging my experience & a thorough approach encompassing all elements related to the home buying process, I'd be thrilled to formulate a tailor made plan to accomplish your goals, guide you at every step of the process, represent & protect you. Please reach out to schedule an in depth, confidential, vi...rtual or in person consultation. Despite rising interest rates , here are 6 reasons why the current market conditions serve as a window of opportunity to fulfill your real estate dreams: 1) Relatively speaking , significant availability of inventory 2) Average DOM (Days on Market) has risen 3) Offer dates have been frequently failing due to much less number of offers 4) There's now a sentiment of a much more balanced market compared to 2021 & earlier part of 2022 5) The provision for conditional offers is slowly but surely returning 6) Showing volume & momentum has significantly decreased, enabling You as the Buyer to conduct your due diligence, discussions & research. #myhonourtoserveyou Ali Khan Diamond Award Winner Sales Representative IPRO Realty 416.562.6811 See more

Lets dissect the Assignment Clause provision Authored by : Ali Khan, Sales Representative, Diamond Award Winner, IPRO Realty, 416 562 6811 In a nutshell , an assignment clause enables you to transfer your obligations to close the deal on a property to a new buyer & ... is typically executed to lock in profits without going through the steps of closing on a mortgage , paying land transfer tax etc. Specially in the world of pre construction projects , condos & low rise developments inclusive, the assignment clause is used as a major marketing strategy, an incentive if you will , enticing and attracting investors to secure units , pay significant deposits all while having the liberty to assign the unit to a new buyer , at a higher price & life is good. There's no doubt there's significant evidence of investors pocketing profits via assignment sales, but just like most investment vehicles, real estate assignment isn't always flowery. Here are some major challenges to understand & consider before confidently basing your investment strategy around a mere assignment clause : 1. Marketing Restrictions : Most pre con projects will prohibit you or your realtor to list your assignment on MLS which is undoubtedly the largest source of exposure for real estate sales; violating this restriction can result in consequences of varying degrees. You are in essence dependent on your or your realtor's network in hopes of finding a Buyer for your assignment. This restriction alone makes assignment sales very difficult. 2. Builder Permission : There's a strong chance you are unable to assign your unit without the Builder's approval. Yes, for the most part , the Builder has to give you permission to allow you to try and assign your unit, again , more than likely prohibiting you from posting your assignment on MLS 3. Assignment Fees: Yes, there's typically a fee involved in assigning your unit, i.e. IF the Builder authorizes an assignment sale, they can charge you anywhere from under a thousand dollars to 120000 or more. 4. Responsibility & complexity of closing : Consult an assignment expert, a lawyer & an accountant to understand all that's involved in terms of closing an assignment. For now , what we need to understand is the following: If the person who you assigned / "sold" the unit to fails to close, You are still on the hook. 5. New Tax implications: Disclaimer : for all tax related matters consult a certified accountant, for now we need to understand this : the proposed federal budget for 2022 mandates a major tax change when it comes to assignment sales which will significantly impact profits & one must understand these new tax implications before investing in real estate even remotely banking on the Assignment provision.

Eid Mubarak from the Khans !

JUST PURCHASED! An absolute gem ! with literally every inch tastefully renovated, an incredibly well planned layout, this gorgeous semi is located in the highly desired community of Meadowvale village in Mississauga; Comes with a separate entrance basement apartment with its own separate laundry; Absolutely thrilled for my Buyers; I was able to secure a showing within 2 hours of the listing going live, acted promptly with a highly calculated preemptive offer & was able to sec...ure this Stunner for my Buyers; A thorough & detailed plan during the Buyer consultation phase encompassing financing, deposit , current market environment & personal context elements has consistently enabled me to act fast, establish effective rapport with my counter part & make it happen! Wishing this lovely couple prosperity, progress & joy in their journey ahead #myhonourtoserveyou Ali Khan Sales Representative Diamond Award Winner IPRO Realty 416 562 6811 #myhonourtoserveyou

SOLD & CLOSED! 2450, Belyea St., Oakville

Catalysts leading to the 'Market Shift' @realestatewithali Ali Khan Sales Representative Diamond Award Winner... IPRO Realty 416 562 6811 #myhonourtoserveyou See more

Ecstatic for my Investor client on being the new owner of this high potential property, well positioned for a lucrative flip; Won against 15 other competing offer through in depth research, comp analysis & constant communication; can't wait to see how this transforms in the coming months ! Ali Khan Sales Representative Diamond Award Winner... IPRO Realty 416 562 6811 #myhonourtoserveyou

Ali Khan Sales Representative Diamond Award Winner IPRO Realty 416 562 6811... #myhonourtoserveyou

**GET IN BEFORE PRICES SPIKE** Introducing MODO Condos, Bowmanville; Take advantage of the pricing and incentives offered in the first ever Condo project in this thriving, promising city; Highlights include foot print of companies like Toyota & OPG triggering over 25000 jobs, 407 expansion, intro of CP/CN Rail and the population expected to double in the next 3 years; DM OR Text 416 562 6811 to receive floor plans, pricing and brochures ** ACTIVELY SUBMITING WORKSHEETS** prio...r to the Jan 26th, 2021 deadline ALI KHAN SALES REPRESENTATIVE 416 562 6811 SAVE MAX SUCCESS REALTY

Absolutely Stoked to present my newest listing in the heart of Mississauga, in the highly sought after East Credit community; Close to major highways, malls & high ranking schools; Please DM or reach me at 416 562 6811 to secure a private tour.

S.O.L.D !!... ESTATIC to share that I was able to secure this Beautiful 1.5 years new townhome in the heart of Stoney Creek for my couple at a price considerably lower than the comparable solds through meaningful negotiations & in-depth research of the subject area. The functionality of the layout, the grandeur of the finishes & the very location promises (near) future growth. Wishing this beautiful family all the very best with this new chapter.

ANOTHER SOLD! Heartiest congrats to my Entrepreneur Buyer for securing a commercial footprint in the ever-so-evolving downtown Hamilton; Contact me asap to avail this rare opportunity at aggressive prices well positioned to appreciate #therealtybulls #CommercialRealEstate #entrepreneur #thebestisyettocome #hamilton #preconstruction

Home inspection day . Its extremely important for me to conduct a side by side walk through with my client and the inspector to ensure we are fully aware of any potential challenges to the property, be it structural or cosmetic ; we don't want to rely solely on the inspection report, rather experience real time, interactive & a thorough survey .....Mandate #1 : Protect my Clients. #realtor #realestate #realestateagent #realtorlife #home #househunting #forsale #property #newhome #realty #investment #dreamhome #broker #homesweethome

THRILLLED AND PSYCHED for my lovely clients for whom I was able to secure this Custom made 2 year new beauty for $20k below asking; Loaded with Italian craftsmanship & High End upgrades, I truly, madly ,deeply wanted this to work! The negotiations were long & Semi-tough but my heart is full. Wishing my Lovely couple endless memories and a bright future ahead.

SOLD!!, Condo units still available in downtown Hamilton, one bed starting at just $284,900 , 2 bed starting at just $479,900 , includes 11 ft ceiling upgrade & 6 appliances - DM or reach me at 416 562 6811 for Platinum access

Absolutely Thrilled for my Buyer Client who took advantage of this superior opportunity of owning a 3000SF Detached property, steps from Lake Ontario for under 1.1M in GTA East , in a booming city with a promising future . please DM or reach me at 562-6811 for details on secluded waterfront living with tremendous equity growth potential PS : this is a PRE Con project and the video shown is an inventory home

Now Booking. ELEVATE CONDOS, KITCHENER

Another SOLD in Bowmanville ! Psyched for my couple's win , we were able to secure a beautiful 1500 sqft freehold townhome "right on the lake " for under 650k! I cant wait for their investment to grow over the next few years and look forward to adding more units to their portfolio @realestatewithali

Available immediately for sale: Major intersection : Queen/Kennedy Price : 425k, DM or call me at 416 562 6811 Gorgeous 1 Bedroom And 1 Washroom Condo In The Heart Of Brampton. This Spacious Unit Features An Updated Kitchen With A Brand New Backsplash, New Stainless Steel Appliances, Large Living Room Area For Your Entertainment, Enclosed Balcony Space For Those Hot Summer Days, And This Unit Also Comes With 1 Underground Parking Space And A Locker! Close To Everything You Need! Don't Miss Out On This Beautiful Unit!

UNVEILING BOWMANVILLE EP 1

Historically low interest rates are a major catalyst in rise in housing prices; But not everywhere; There are still (tremendous) opportunities for growth in pockets not to far from obvious, high density choices; Low mortgage rates leading to low mortgage payments contrasting with "sky high" rents have triggered positive cash flows along with significant room for property value appreciation; It's really not complicated to become an Investor, I can help you build generational wealth, I promise! DM or reach me at 416 562 6811

Bringing you another master planned project in the heart of Niagara Falls Stanley district condos DM me for plans & pricing ... BE THE FIRST. REGISTER TO RECEIVE PLATINUM VIP ACCESS TO PRICING & FLOORPLANS The Stanley District is an exciting Master-Planned Community coming soon the heart of Niagara Falls at Stanley Ave & Ferry St and will comprise of condominium residences, a boutique hotel and street level retail THE STANLEY DISTRICT THE STANLEY DISTRICT Go to where the excitement is! Introducing The Stanley District, a stunning brand new Master-Planned Community comprising of condominium residences, a boutique hotel and street level retail in the heart of Niagara Falls. Located at Stanley Ave & Ferry St, residents will be have unparalleled access to the city's incredible assortment of restaurants, nightlife, entertainment venues, attractions and so much more that the city has to offer. Pricing Starting From The Mid $400s! REASONS TO BUY Be apart of an exciting Master-Planned Community! The Stanley District will comprise of condominium residences, a boutique hotel, and street level retail For those that love wineries there are over 80 wineries in the surrounding area, along with breweries and distilleries! Located in the heart of Niagara Falls, The Stanley offers an incredible opportunity to live amongst the excitement the city is best known for! Here, future residents will be within walking distance from the majestic falls, Attractions, Casinos, Golf, Outdoor Recreation, Nightlife, Shopping, Shows, Spas, Waterparks, Theme Parks, Wineries, Breweries, and Distilleries and so much more are all only just a short drive away! You are also less than 5 minutes from the QEW Less than 20 minutes from Niagara’s largest shopping centre, Pen Centre, which features 180 stores and services in one million sq ft of shopping fun Less than 5 minutes from the Rainbow Bridge seamlessly connecting you to Buffalo making it extremely convenient to travel across the border