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Pileggi Real Estate Team - eXp Realty Blog

Saturday, December 14, 2024   /   by Teresa Pileggi

How Tiny Homes Are Disrupting The Real Estate Market

From Mansions To Minimalism: How Tiny Homes Are Disrupting The Real Estate MarketThe tiny house movement is booming and reshaping the housing market. Some people see it as an opportunity to escape the skyrocketing mortgage rates and home maintenance costs. To others, it is a sign of the ongoing housing crisis as more people switch to what they can afford. While it may be both, tiny homes offer a fresh alternative for individuals looking for simple, sustainable living spaces with more financial freedom.So, what are tiny homes, and how do they impact homeownership?This article explores the rise of tiny homes, how they reshape the real estate market, and why more people are now choosing minimalists over traditional large homes.What Are Tiny Homes?A tiny home is typically a residential structure ranging between 100 and 400 square feet. The average home is over 2,500 square feet. Hence, a tiny home is roughly 5 to 25% of the average. Besides their small size, most tiny homes are built on tr. ...

Tuesday, November 26, 2024   /   by Teresa Pileggi

How To Stop Foreclosure And Keep Your Home

How To Stop Foreclosure And Keep Your HomeThe thought of losing your home to foreclosure can leave you stressed and anxiously looking for a possible way to save it. After paying a hefty down payment, home maintenance fees, property taxes, and a portion of the mortgage; the last thing you may want is to lose your home or sell it for a loss.Fortunately, you can use several ways as a homeowner to save your home from foreclosure. While talking to your lender is among the initial steps to rescue your home, it may only work if you are at most 120 days behind your payments. Therefore, here are the best ways to stop foreclosure if you find yourself in this tight spot.What Is Foreclosure?Foreclosure is a legal process in which the lender takes hold of your home when you fail to pay your mortgage on time. When you take a home loan, your home becomes the collateral. This allows your lender to take control of the house if you fall behind on mortgage payments and sell it to recover a perc. ...
Pileggi Real Estate Team - eXp Realty
Tom Pileggi, Broker
P.O. Box 1665
Holland Landing, ON L9N 1P2
416-917-6566

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