Reverse Mortgage You really want it?

An Excellent perspective.

Reverse Mortgage
A reverse mortgage is simple. You get a bag of money to spend on anything and never have to pay it back. In return the lender goes on the title of your house and charges you interest and fees that you never really see. So over time the debt grows – the opposite of a conventional mortgage. The money is eventually returned to the lender when you sell the property or croak, in which case your estate pays.
The advantage is tax-free funds and no payments. The disadvantage is you’re eating up your real estate equity every month. For example, a 70-year-old living in a paid-for $1 million house, qualifies for a reverse mortgage of about $350,000. If that cash lasts for ten years of expenses, at age 80 the reverse mortgage debt will have grown to $670,000. Seven years later it will top $1 million. The heirs will be pissed.Want it?  https://www.greaterfool.ca/2019/04/23/in-reverse/

What you want can bite you later

Call to book an appointment 
http://Calendly.com/DavidPylyp

Stepping up from “virtual tours” with Matterport

For decades, agents looking to advertise homes for sale had one option, the print media. Then, in the mid-80s, the the internet changed the world. But still that only offered a wider, and cheaper, exposure for Realtors’ still photographs. It took another two decades for dramatic advances to appear. Now Realtors are expanding their presentations with drone photography, virtual staging, and 3D tours. #Matterport The best 3D tours are truly stepping up from the “virtual tours” that appeared a just few years ago. Those either seem stilted or tacky in comparison to the 3D tour, and sometimes turn out to be simply slide shows with music. The more naturalistic 3D tour allows you to move around in the room, and among the rooms, and zoom in to inspect details. Change Levels, view the doll house view or switch to a floor plan of the home. All of these options are available for home and condo listings at davidpylyp.com , the website of Realtor David Pylyp (RE/MAX Realty Specialists Inc Brokerage). 647.218.2414 Book your event today http://Calendly.com/DavidPylyp #Toronto #Canada April 08, 2019

Matterport Press Release

Matterport(R) Announces Local Entry  Into Canadian Real Estate Market SUNNYVALE, CA--(Marketwired - May 04, 2016) - Leading immersive media company,Matterport®, today announced its formal entry into the Canadian market. In addition, the company is demonstrating its revolutionary technology for showcasing properties at Canada's largest real estate tradeshow -- REALTOR® QUEST -- in Toronto on May 4-5th. "Matterport provides agents and brokers with a powerful marketing tool that gives home sellers confidence that their home is being presented in the absolute best way possible," said Bill Brown, Matterport CEO. "We make this possible by delivering a system that's incredibly easy for anyone to operate, even easier than creating a traditional 2D photo gallery. By allowing homebuyers and renters the ability to experience a property as if they were there, from any laptop or mobile device, our simple end-to-end solution allows real estate agents, brokers, photographers, portals and MLSs to showcase listings in a more engaging and personal way than ever before. We are excited to help our Canadian customers and partners grow their businesses." On display at REALTOR® QUEST in booth 819 will be the Matterport Pro Camera and 3D Showcase, a Web-based player that can be embedded directly into the listing site to give the viewer a real feel for what it's like to walk through a space. It allows the user to move through a space naturally and then even zoom out to see a unique, full-color 3D floorplan (called dollhouse view) or a 2D color floorplan. Also on display will be powerful Matterport features, including: Mattertag™ Posts, which let agents annotate property highlights in 3D throughout the space that really "sell" the listing The new iOS Showcase app, which allows agents and brokers to have access to all of their 3D property listings offline -- when Wi-Fi is not available Other exciting features that include measurements, schematic floor plans, and VR models With Matterport 3D Spaces, Canadian real estate professionals will be able to engage buyers across the globe as if they were next door. Tens of thousands of agents and brokers have successfully used Matterport to help win and market over 100 thousand listings so far. To date, there have been almost 40 million views of Matterport Spaces. Real estate professionals in the greater Toronto area have already embraced Matterport technology to engage more buyers, close transactions more quickly, and win more listings. "I was recently lucky enough to have one of my listings photographed for a Matterport 3D Showcase," said David Pylyp, Senior Agent with RE/MAX in Toronto. "If you are not familiar with this technology, it might just be the coolest thing in real estate marketing since the marriage between the digital camera and the Internet. The Matterport technology is light years ahead of anything I have seen in real estate marketing. Plus, the wow-factor with my clients is unprecedented." In addition to obtaining Matterport scans from local Matterport Service Providers across Canada, agents can now purchase their own Matterport cameras. To learn more, visithttps://matterport.com/order-international/ or visit Matterport at REALTOR® QUEST in booth 819. To find a Matterport Service Provider (MSP) in your area, visithttps://matterport.com/find-a-photographer/. For more information about becoming a MSP in Canada, visit https://matterport.com/become-an-msp/. About Matterport Headquartered in Sunnyvale, CA, Matterport is an immersive media technology company that delivers an end-to-end system for creating, modifying, distributing, and navigating immersive 3D and virtual reality (VR) versions of real-world spaces on web and mobile devices. The Matterport Pro Camera and Cloud Services make it quick and easy to turn real-world places into immersive virtual experiences. With the introduction of the Matterport 3D Showcase web player, Matterport has made it incredibly easy for anyone to move through virtual spaces as if they were there, from any desktop or mobile browser. With the addition of VR Showcase, users can now experience Matterport Spaces from a Samsung Gear VR headset, with additional device support coming soon. To learn more, visit matterport.com. FOLLOW US ON: Twitter@Matterport FacebookLinkedIn MEDIA CONTACT: Tim Smith 415-350-3019 press@matterport.com

Read more: http://www.digitaljournal.com/pr/2926310#ixzz47pc5XLAk


You can contact a Matterport photographer right here in Toronto, ON Canada
http://www.digitalimagingtoronto.com/

I will need to get an appraisal of the property done as of the date of death Ontario Canada

New legislation in Ontario Canada requires the Executor of an estate to provide as estimate of assets.

The estate administration tax is imposed on the value of all the property that belonged to the deceased at the time of his or her death less the actual value of any encumbrance on real property that is included in the property of the deceased. It is a requirement under the Estates Act that this value be disclosed when the estate representative files an Application for a Certificate of Appointment of Estate Trustee with the Superior Court of Justice. The estate administration tax must be paid as a deposit at this time.
http://www.fin.gov.on.ca/en/tax/eat/faq.html#Q2

If you have not submitted the Application the Estate Trustee could be held liable 

Anyone who applies for a Certificate of Appointment of Estate Trustee on or after January 1, 2015, must file an Estate Information Return with the Ministry of Finance. An Estate Information Return must be received by the Ministry of Finance within 90 calendar days after an estate certificate is issued by the courts. This requirement does not apply to anyone who applied for but was not issued a Certificate of Appointment of Estate Trustee.

FINES

Estate representatives who fail to file an Estate Information Return as required, or who make false or misleading statements on the return, may be found guilty of an offence and, on conviction, are liable to a fine of at least $1,000 and up to twice the tax payable by the estate, or imprisonment of not more than two years, or both.

We can help you with an evaluation of the home in the GTA. If this is not in my direct trading area I will help you find an agent fit.

David@davidpylyp.com

http://AgentLocatorToronto.com

Your Agent is TOO busy to show you a listing?

Is you agent out of town?  Too Busy?   You have been looking for the perfect house for 3 years?   I need to ask some serious and direct questions.

As soon as they phone on a listing,   Can you afford it?  Have you been qualified by a Lender.  When do you need to move? Do you need schools or transit?

Are you under contract [Buyer's Agency Agreement] with another Broker?


Hi there can you show me that listing by the water?
No Problem,  Are you working with an agent?
Yes I am. She is in Toronto but she's unavailable right now.
Are you going to have her show you the property? 
Can't you just show me and I can talk to her?
How about I will show you and you can sign a Buyers Representation Agreement. If you want the property I will be your agent just for that property.
Well that won't work for me....
Well neither will me showing you the property,  without a written agreement.
OH SNAP!
..because I need to tell my Seller everything I learn about you. Unless you are shopping with me under a Buyers Agency Agreement and I keep your secrets

Call me at 647 218 2414

Should you know if it was a METH LAB or Grow OP?

If a Toronto Home you are considering as a purchase was a GROW house and forfeited their hydro meter, required a ESA re -inspection to have their occupancy permit reinstated then paid fines; Do you have the right to know?

HomeVerified Home and Neighbourhood History Reports
OREA has received member inquiries about privacy issues arising from HomeVerified home and neighbourhood history reports. These reports disclose the history of insurance claims and reported incidents of marijuana grow-ops and methamphetamine labs at subject properties. They are currently available for purchase by listing brokers through Teranet's GeoWarehouse.
In response to these member inquiries, OREA reviewed sample HomeVerified reports with outside legal counsel and met with HomeVerified and Teranet. After carefully considering the matter, we have concluded that use of these HomeVerified reports by our members raises significant privacy law concerns.
Specifically, we concluded that if a privacy complaint is made, Canada's Privacy Commissioner would most likely decide that the HomeVerified reports contain personal information under Canada's Personal Information and Protection of Electronic Documents Act. That law requires the consent of the individual before you may collect, use or disclose their personal information for commercial purposes. Despite our efforts, we received no assurances that the necessary consents are being obtained from the individuals whose personal information is provided in these reports.
As a result, OREA would like to advise its members that, at the present time, their commercial use of HomeVerified home and neighborhood history reports without the consent of each individual whose personal information is in the reports, places them at risk of contravening applicable privacy law. Complaints made to Canada's Privacy Commissioner could result in the member being ordered to cease this practice, and in some cases could lead to a court ordering the member to pay monetary damages.
To date our members' inquiries have been limited to HomeVerified's product. We understand there is at least one other provider offering home history reports to our members in Ontario. We will take similar steps to consider whether our members' use of other available home history reports also puts them at risk of contravening privacy laws.
OREA will continue to monitor this issue and will keep its members informed of any further developments. For further information, please contact Ontario Real Estate Association. 

In this instance deferring in favour of criminal activity seems wrong.   If you have a Criminal Charge but the charge was withdrawn or dismissed  I guess that the MOLD in the walls and ceilings will self repair.

I think that Buyers are entitled to this information  http://BuyinginToronto.ca

100 Most influential Realtors on Twitter

 Stefan Swanepoel published a list of 100 influential and interesting people within real estate. It’s an interesting list and got a few of us (myself included) a bunch more followers.

However, set aside for a minute that he missed a whole bunch of influential people (which he is already revising) the reality is that a lot of people on his list just aren’t that interesting (and many border on being twitter spammers).   If you’re a real estate professional new to twitter and you started following some of those people, I can only imagine twitter would start looking like a big wasteland of crappy tweets.

However, I think a list of influential people could be a really good thing, especially for people new to twitter…  I’ve had this idea for measuring “twitter influence” within a community, and Stefan’s project finally pushed me to build a prototype.   The idea is to measure, as objectively as possible, the influential people within a twitter community.  http://dustinluther.com/2009/09/50-most-influential-real-estate-people-on-twitterter/

So what is the criteria I asked myself;

• Google Page Ranking?
• Engagement?
• The Number of Social Media Events I attend? 

Although I have been published on Huffington Post, the CBC, and Tech Vibes  I haven't  made the list. Real estate sales is about people who do business with you, if they like, know and trust you. Post your reviews... be seen. Etobicoke - Toronto. The real deal with a real office in a virtual world of realtors.  Let me show you what I can do. Toronto / Etobicoke. 

http://www.Facebook.com/dpylyp

http://www.Twitter.com/davidpylyp

http://www.SellinginToronto.ca

https://plus.google.com/u/0/109283965469179719942/about 

Lets stop Home Ownership in Canada

Home ownership is family's life - both financially and from a quality of life perspective. You invest in your neighbourhood and community, put down roots, let your equity grow tax free of capital gains. When its paid off or before, you can refinance and pay for weddings or university ( again ) of your cottage.

http://www.cbc.ca/news/canada/story/2012/09/21/home-ownership.html
Home ownership is often connected to the notion of living the "American dream." But it is as much a part of Canadian identity as it is in the U.S.

Indeed, statistics show that the percentage of home ownership in Canada is edging close to 70 per cent, which is actually higher than the ratio south of the border at the moment – 65.4 per cent, a 15-year low, according to the most recent data. Many economists believe the Canadian government has played an active role in spurring home ownership, particularly by forming the Canada Mortgage and Housing Corporation back in 1946. 

"I don't know that home ownership should be a right and that it should be backed by taxpayer dollars and kind of be the prime mandate of a Crown corporation," says Ben Rabidoux, creator of the Economic Analyst blog, which looks into housing and mortgage trends.

DO you agree that we should all live in government provided housing?  After all, why would you want to be debt free in your house, when you downsize to a retirement home?

Divorce and Blending Families

50% of unions are ending in divorce.  We are blending families.

You've only been married a few short years and its not working out.

Your home is filled with stress and bitterness...


At one point, you loved each other enough to try marriage.  Planned,  Selected venues. Pledged until death do you part. Now you are praying for the end of time.

Eight causes for divorce, money, alcohol, sex, married too young, religious differences, jealousy, trial and error, and meddling in-laws.

You need a lawyer to ensure [ILA] Independant Legal Advice for each and a realtor who can extract you quietly from your home without staging a Half Off Divorce sale.

Lets Make the most of your money and save your dignity. Let's move on, quietly.

I can help you with this.

David Pylyp
416 233 9000













http://www.flickr.com/photos/66888311@N04/6090290662/sizes/m/in/photostream/  Blended Families

http://www.flickr.com/photos/bogutskaya/6254051639/sizes/l/in/photostream/ BogutskayaDi  Couple

http://www.flickr.com/photos/zimrilim/466924900/sizes/o/in/photostream/  Promised Zimrilim

http://www.flickr.com/photos/blankslateevents/4443409720/sizes/z/in/photostream/ blankslateevents

http://www.flickr.com/photos/oldbearchris/3320214118/ Photo cred Oldbearchris  Fighting Couple

http://www.flickr.com/photos/wasserbrunn/7992948421/sizes/l/in/photostream/  Jealous Watching you  wasserbrunn

http://www.flickr.com/photos/wasserbrunn/7997030745/sizes/l/in/photostream/  Stress Wasserbrn

http://www.flickr.com/photos/81512202@N05/7468752932/sizes/z/in/photostream/  stressed

http://www.flickr.com/photos/detailz/3983447712/sizes/l/in/photostream/  wedding table detailz1

http://www.flickr.com/photos/detailz/3983427618/sizes/l/in/photostream/ place setting detailz1

http://www.flickr.com/photos/nikontento/8000083485/sizes/l/in/photostream/  Church Ceiling Nikontento

http://www.flickr.com/photos/hotwizard/3664869160/sizes/l/in/photostream/ BA001ed   Girl

http://www.flickr.com/photos/hotwizard/3620029042/sizes/l/in/photostream/   BA001ed   Shoes

http://www.flickr.com/photos/hotwizard/3619210505/sizes/l/in/photostream/   BA001ed   Wedding Car

http://www.flickr.com/photos/loop_oh/5586331616/sizes/o/in/photostream/  Religion Loop_oh