We understand that transitioning to a new phase of life often involves significant decisions about your home. With years of experience supporting retirees and empty nesters like you in making these moves, we approach each situation with care, respect, and a deep understanding of the unique considerations involved in downsizing your home and embracing a simpler lifestyle.
Our comprehensive downsizing services are designed to take the stress out of the process, allowing you to focus on the excitement of your next chapter, whether that involves more travelling freedom or simply enjoying a low-maintenance home. We offer support with:
Helping you thoughtfully declutter and organize your belongings for a fresh start.
We provide clear guidance on rightsizing your home to find a space that perfectly suits your current and future needs.
Our expert real estate services ensure a smooth and successful sale of your property, allowing you to move forward with confidence.
Helping you discover and secure a home that aligns with your lifestyle, whether you're seeking a smaller home, a condo, or a bungalow without stairs.
We believe in empowering you with knowledge and fostering a sense of community for those over 50 considering the transition to simplified living. That’s why we regularly host informative events designed specifically for you. Our sessions feature guest speakers including:
Providing insights into how a reverse mortgage can be a financial tool for seniors in retirement.
Offering guidance on financial planning for retirement and making informed decisions about your assets.
Sharing practical tips and strategies for decluttering and organizing your home effectively.
Discussing the benefits of osteopathy for maintaining mobility and well-being in your golden years.
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Will and Riyad of the DR Real Estate Group hold the Seniors Real Estate Specialist®
(SRES®) designation. This specialized training equips them with a deep understanding of the
unique housing needs and preferences of adults age 50 and over. Their expertise ensures you
receive knowledgeable and empathetic guidance throughout your downsizing journey and
transition to retirement living.
We’ve taken time to compile resources specifically tailored to retirees and empty nesters
considering downsizing and embracing a low-maintenance lifestyle.
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Check out our:
â—Ź Downsizing Guide: Your guide to a smooth downsizing transition.
● Seller’s Guide: A comprehensive guide to selling your home with confidence.
â—Ź Monthly Market Update Newsletter: Understand the Durham real estate market!
Saman (CPA) provides a clear and concise breakdown of the latest stats.
Download our free guides and sign up for the newsletter below to stay informed on all things
downsizing and retirement living in the Durham Region!
In your quest for the perfect home, you’ve come to the right place. At DR Real Estate Group, we are dedicated to making your dream home a reality. With our expert guidance, we’ll navigate this exciting journey together, ensuring you find the ideal property that meets your needs and exceeds your expectations.
Consider your income, existing debts, credit score, and the down payment you can afford. The best way to determine your buying power, is to connect with a Consult with a mortgage broker.
I work with a group team of mortgage professionals who can help you with this process. I am more than happy to make an introduction.
Before you start your home search, it’s crucial to determine your budget, get pre-approved for a mortgage, and identify your priorities and preferences for your future home.
I work with a group team of mortgage professionals who can help you with this process. I am more than happy to make an introduction.
To make a competitive offer, be prepared with a pre-approval. I present current market conditions to all my clients, and explain to them the what the market views as a competitive offer. At times, this might mean forgoing the financing and inspection clause.Â
Besides offering a competitive price, consider including a personalized offer letter, being flexible on closing dates, and showing financial readiness with a large deposit and pre-approval letter.
A home inspection is crucial to identify potential issues with the property. It provides you with a comprehensive overview of the home’s condition and can help you make informed decisions before finalizing the purchase.
With the help of an home inspector, we can determine what costs would be incurred. in the near future.
Yes, there are programs such as the (i) First-Time Home Buyer Incentive, (ii) the Home Buyers’ Plan, (iii) Land Transfer Tax Rebate, and (iv) First Home Savings Plan that offer financial assistance and tax benefits for first-time buyers. Your realtor can help you explore these options.
Closing costs typically range from 1.5% to 4% of the home’s purchase price. They include expenses like land transfer tax, legal fees, and home inspection costs. I can provide a detailed estimate based on your specific situation.
The closing process can take anywhere from 30 to 90 days. Factors include the complexity of the deal, financing approval, time required by your bank and real estate lawyer, and negotiation terms.
I have personally helped clients close on a deal as fast as 12 days.
Consider factors such as proximity to work, schools, amenities, safety, and the overall vibe of the community.
I have the necessary tools in place to provide data on these requirements.
Common clauses include financing, home inspection, and appraisal. Including these safeguards provides you with the opportunity to renegotiate or withdraw your offer if necessary.
In addition, we protect our clients best interest by including clauses to ensure all chattels and fixtures are in good working order, there are no outstanding work orders on the property, all major renovations are completed with a building permit, there are no material latent defects and much more.
A deposit is a sum of money provided by the buyer as a show of good faith and commitment to the purchase of the property. It is usually given when the buyer submits an offer to purchase, and the offer is accepted by the seller. The deposit is often provided within 24 Hours and is held in trust, often by the seller’s real estate brokerage, until the deal is finalized.
The down payment is a crucial part of the homebuying process, and the percentage required can vary, with 20% of purchase price being a common benchmark. In some cases, buyers may be eligible for mortgage programs that allow for a lower down payment.
The deposit provided is part of the downpayment.
Yes! I have a list of trusted professionals that I recommend to all my clients. This list includes: Mortgage Professionals, Real Estate Lawyers, Insurance Providers, Professional Movers, Professional Home Inspectors, Electricians, Plumbers, Handymen, and many more.
Proudly Serving:
Durham Region and Surrounding areas
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