Toronto Bidding War

Bidding wars are still happening in Toronto.  Young couples are becoming more and more desperate for a single family home and when you add the fact that there is a shrinking inventory, the result is a bidding war.  Basic rule of supply and demand.  Be careful if you get into a bidding war.  Letting emotions get a hold of you during the bidding process could prove to be a bad decision.  Overpaying for something and not only having buyer's remorse but an increased financial responsibility can take away from your new purchase - which should be a happy one.  

CLICK HERE for the full article about the Race to Rhodes Ave

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Darrell Chan

Darrell Chan

Sales Representative
CENTURY 21 Atria Realty Inc., Brokerage*
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