Rewriting Real Estate Rules with Asif Kasim and Steve Saretsky

06/07/23 • 40 min

The Next Generation of Homebuying - Part 1
For many, buying a home is a big landmark in their adult life. Your parents and grandparents have built and bought their own houses to settle in and start their families. It's a goal the youth pursue whether they can afford it. Unfortunately, today is vastly different from the experiences of older generations. Buying a home in the Canada housing market[1] today isn't the same as when your parents did.

In this three-part series, Half-Banked focuses on what buying a house is like. For this episode, we examine the rules and advice older generations followed to buy a home and test them against today's market environment. Joining us are Asif Kasim and Steve Saretsky to share their insights on the financial and real estate side of buying a home. They pinpoint which rules still work and which ones ultimately need an update.

Join us in this episode as we change the rules of the Canada housing market and rewrite them to fit today’s generation of homebuyers.

Here are three reasons why you should listen to this episode:

Find out the best downpayment percentages, rates, and budget you should consider when buying a home.
Discover whether or not your home should be your biggest investment.
Learn updated Canada housing market rules for today's real estate environment.

Resources

● Asif A. Kasim: LinkedIn | Integrity Tree Financial

● Steve Saretsky: LinkedIn |Saretsky Group

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Join us in this episode as we change the rules of the Canada housing market and rewrite them to fit today’s generation of homebuyers.

Here are three reasons why you should listen to this episode:

Find out the best downpayment percentages, rates, and budget you should consider when buying a home.
Discover whether or not your home should be your biggest investment.
Learn updated Canada housing market rules for today's real estate environment.

Resources

● Asif A. Kasim: LinkedIn | Integrity Tree Financial

● Steve Saretsky: LinkedIn |Saretsky Group

Enjoyed this Episode?

If you did, subscribe and share it with your friends!

Post a review and share it! If you enjoyed tuning in, leave us a review.

Have any questions? If there’s a topic you’d like us to cover, send us an email at [email protected]!

Previous Episode

Lifestyle Creep with Cindy Marques

Why is it that our savings stay the same even as our salaries go up? Or that once we’ve hit our dream income, it still feels like we’re living paycheck to paycheck? The answer may be a phenomenon called “lifestyle creep.” On this episode of Half Banked, hosts Cadeem and Bethan sit down with Cindy Marques, financial planner and co-founder of MakeCents, to discuss what lifestyle creep is, why it’s such a problem for young Canadians, and what you can do to avoid falling victim. They also price-check Canadian grocery chains to see if shopping at a fancier store really has a noticeable impact on your bank balance.
Here are three reasons why you should listen to this episode:

Discover the different factors affecting the Canadian cost of living.
Learn the definition of lifestyle creep and who's most vulnerable to it.
Understand the value of financial freedom, and reframe it in a way that suits you.

About Cindy

Cindy Marques started her career in finance after realizing her lack of financial literacy as a recent physics and philosophy graduate. She decided to pursue a postgraduate degree in financial planning, determined to become a successful adult.

Despite feeling lost initially, Cindy leaned in and found her passion in finance, leading to a full pivot in her career. Today, she uses her expertise to empower others to take control of their finances.

Connect with Cindy through her website, or sign up at MakeCents. You can also contact her through her socials, LinkedIn, Instagram, Facebook, and Twitter.

Enjoyed this Episode?

If you did, subscribe and share it with your friends!

Post a review and share it! If you enjoyed tuning in, leave us a review.

Have any questions? If there’s a topic you’d like us to cover, send us an email at [email protected]!

Next Episode

How To Avoid Being House Poor And Other Homebuyer Horror Stories with Dusko Sremac & Leigh Gate

The Next Generation of Homebuying Part 2
Are you dreaming of buying a home, thinking you finally have enough money to make it happen? Well, hold on a moment! Without proper preparedness and due diligence, you might fall into the trap of becoming “house poor.” It’s all too easy to compromise on essential features or overlook crucial structural issues in the rush to find a home. Don't rely solely on listing prices either–thorough research on the true value of a property is key.

In the second episode of our three-part series, Half-Banked focuses on what buying a home is like, particularly for first-timers. For this episode, we examine the pitfalls posed by the hot seller market and how to make an informed decision that sets you up for success. Joining us are Calgary realtor Dusko Sremac, Ontario home inspector Leigh Gate. Homebuyers Chris and Julia also join us to talk about their experiences buying a home in Toronto.

Join us in this episode as we explore the challenges young homebuyers face in the current Canada housing market. We’ll discuss how to overcome these, ensuring that your first experience buying a home doesn’t turn into a horror story.

Here are three reasons why you should listen to this episode:

Find out how to avoid being “house poor”.
Listen to some of the horror stories of those who got caught up in the frenzy of a hot seller’s market.
Learn what due diligence entails when buying a home in a competitive markets.

Resources
Dusko Sremac: Instagram | Real Broker

Leigh Gate: Home Advantage Property InspectionsAbout Dusko

Dusko Sremac is a top-rated REALTOR® at the Real Estate Partners, a respected brokerage based in Calgary. With a lifelong passion for real estate, Dusko brings extensive experience and knowledge to his role as a realtor.
His background as a journeyman red seal electrician in the construction industry equips him with a keen eye for potential electrical issues and a strong understanding of construction practices.

About Leigh
Leigh Gate is the person behind Home Advantage Property Inspections. With a professional journey that began in 2012, Leigh is a seasoned home inspector dedicated to providing top-notch service.

As a passionate advocate for the profession, Leigh is an active member of the Ontario Association of Home Inspectors.

Enjoyed this Episode?

If you did, subscribe and share it with your friends!

Post a review and share it! If you enjoyed tuning in, leave us a review.

Have any questions? If there’s a topic you’d like us to cover, send us an email at [email protected]!

Half Banked - Rewriting Real Estate Rules with Asif Kasim and Steve Saretsky

Transcript

Asif: The challenge is the old school thinking was taking into account the pricing of yesterday, when all these rules and regulations were made, they were made in an era of time where it was applicable then. They weren't accounting for and nobody 20 years ago would tell you that a house in Scarborough, Etobicoke, or in Toronto would cost a million dollars or more. You'd be lucky if they said it was over 250.

Bethan: Welcome back to Half Banked. I'm Betha