Pre-Approved, Prepared, and Ready to Buy
From helping you understand your budget to strengthening your offer before you start your search, getting
pre-approved gives you a clear advantage when buying a home in the Greater Toronto Area.
With a mortgage pre-approval in place, you’ll know what you can afford, focus on the right properties, and
move forward with confidence when the perfect home becomes available.
ATTENTION: Toronto Homebuyers
Dedicated and Experienced Team
We believe every successful home search starts with the right preparation. Whether you’re buying your first property, moving up, or purchasing again, getting pre-approved helps you understand your budget, shop with confidence, and focus on homes that truly fit your goals.
With a pre-approval in place, you’ll be ready to act quickly when the right property comes along, making your buying experience smoother, clearer, and more efficient.
Building Up Your Credit Score
Improving your credit score takes time and effort, but because it results in getting the best terms on your mortgage, it is worth it. Here's how you can improve your credit score:
#1 Get a copy of your credit report
The first step to rebuilding your credit score is to get a copy of your credit report. You can request a free copy of your credit report from Equifax or TransUnion in Canada. Review your credit report carefully to identify any errors or inaccuracies that may negatively impact your score. If you find any errors, dispute them with the credit bureau.
#2 Pay down your debts
While having debt - if you are paying it off on time - helps you build your credit score, the amount of debt you have limits the amount you can borrow. If you have high credit card balances or other debts, work on paying them down as quickly as possible. If you're using a significant amount of your available credit, this may suggest that you are overextended and may struggle to make payments. The less debt you have, the better your credit utilization ratio will be, which can help improve your credit score.
#3 Start budgeting to pay your bills on time
Start paying your bills on time with no exceptions. Make this the #1 priority each month. Creating a monthly budget helps you take care of your financial health. You can use a budgeting app or a Google or Excel sheet to plan your expenses.
#4 Seek professional help
If you are struggling to rebuild your credit score, consider seeking professional help from a credit counselor or financial advisor. They can help you develop a plan to improve your credit score, manage your debts, and create a budget.
How to Avoid a Money Pit:
Be on the Lookout for these 6 Warning Signs That Could Mean Expensive Repairs...
Roof
Leaks are the most common problem with roofs, and are tough to detect from outside. However, from inside an attic, you can often see water marks where there is a leak.
Plumbing System
Make sure you are confident that both water systems: the one that brings fresh water in and the one that takes sewage out are functioning well before signing on the dotted line.
Electrical Systems
Before you agree to buy you should make sure that you can run all of the appliances you want to and even power tools at the same time without having a power failure.
Heating and Cooling Systems
Be sure to thoroughly inspect the heating and air conditioning systems in any home you are considering purchasing.
Bad Paint and Signs of Rotting
The paint inside and outside the house can reveal a lot about the condition of the underlying material. Check several places on several walls, using your eyes and a screwdriver for poking.
Cracks and other important signs
Cracks in walls, doors not closing properly and uneven floors can all be signs that there is a problem with the foundation. If the foundation is not strong, the entire house could literally collapse, so you should carefully check for these signs.
TESTIMONIALS
What others are saying
"We found the one"
"Danny negotiated strategically, got the seller to address key repairs, and secured a price that felt like a win without risking the deal. We felt supported, informed, and genuinely cared for the entire time"
- Deklon R.
"Communication was immediate"
"I can’t say enough about how professional, energetic, and effective Danny Macedo’s team is. Communication was immediate and consistent, and we always knew what was happening, what came next, and what decisions mattered most."
- Tony Marquez
"Outstanding Realtor Service"
"Thanks again for everything! We really look forward to ha ving you as a resource and being able to refer friends to you for real estate advice."
- Alex Campagnaro
Royal LePage® Supreme Realty, Brokerage
110 Weston Road
Toronto, ON M6N 0A6
Call 416-535-8000
Text 647-931-5151
Copyright 2026. Macedo Real Estate Group, Danny Macedo, Sales Representative, Anthony Rocco Macedo, Sales Representative, Royal LePage Supreme Realty, Brokerage all rights reserved assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Elite Broker Blogs
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Thirty-Two Days or Forty-Five? How to Read Days on Market Before You List
All figures in this article are taken from the Toronto Regional Real Estate Board Market Watch report for July 2026, released on 6 August 2026. Averages describe a whole area over a single month. They do not describe your house.
Every month TRREB publishes two different days-on-market figures, and most people quoting them do not distinguish between the two. The difference matters more than the numbers themselves.
What the two figures mean
Average LDOM measures days on market from the most recent listing date. If a property is listed, taken off the market, and listed again, the clock restarts.
Average PDOM measures days on market from the first listing date in the current sequence. The clock does not restart.
The gap between the two is, in effect, a measure of how much relisting is happening. When properties sell quickly at their first attempt, the two figures sit close together. When properties are being pulled and relaunched, PDOM runs well ahead of LDOM.
July 2026 across the GTA
Across all TRREB areas in July 2026, average LDOM was 32 days and average PDOM was 45 days. A gap of 13 days.
A year earlier, in July 2025, those figures were 30 days and 40 days, a gap of 10 days.
So LDOM rose 6.7 per cent year over year, and PDOM rose 12.5 per cent. The second number rose roughly twice as fast as the first.
That is not a small technical detail. It means the increase in selling time is being driven disproportionately by properties that did not sell on their first attempt.
Where the gap is widest
The spread varies sharply by area. July 2026 figures:
- City of Toronto: LDOM 32, PDOM 37, gap of 5 days
- Toronto W04: LDOM 30, PDOM 33, gap of 3 days
- Toronto W08: LDOM 33, PDOM 36, gap of 3 days
- Vaughan: LDOM 34, PDOM 54, gap of 20 days
- Richmond Hill: LDOM 37, PDOM 50, gap of 13 days
- Aurora: LDOM 34, PDOM 57, gap of 23 days
- King: LDOM 55, PDOM 71, gap of 16 days
Look at Vaughan and the City of Toronto side by side. Their LDOM figures are almost identical, 34 days against 32. Their PDOM figures are 54 days against 37.
If you quoted only LDOM, you would conclude the two markets were behaving the same way in July. They were not. In Vaughan, considerably more properties were going through a second attempt.
What this tells you about pricing
A large gap between PDOM and LDOM is what a mispriced launch looks like in aggregate. A property comes to market above what buyers will pay, sits, gets withdrawn, and comes back at a different number. The LDOM clock resets. The PDOM clock does not.
The cost of that sequence is not only time. Across all TRREB areas in July 2026, sellers achieved 97 per cent of asking price on average. In Aurora it was 95 per cent, and in King 94 per cent. Those are the two areas on the list above with the widest PDOM to LDOM gaps.
The pattern is consistent with what you would expect. Areas where more properties need a second attempt are also areas where sellers finish further below their asking price.
Three questions to ask before you list
- What is the PDOM figure for my municipality, not just the LDOM figure?
- Of the comparable properties used to set my price, how many sold on their first listing and how many were relisted?
- If my property does not have an offer by the average LDOM for my area, what specifically will we do differently, and on what date?
The third question is the one worth writing down before you sign anything. Deciding in advance what happens at day 34 is a different exercise from deciding it at day 34, when the decision is emotional and the market has already told you something you did not want to hear.
One caution on the numbers
These are averages across every property type in an area over a single month. A detached house in one pocket of Vaughan and a condominium apartment in another are both inside that 34 day figure. Use it to set expectations and to frame the conversation. Do not use it to predict your own timeline to the day.
Before you do anything else
Want to know what your home would actually sell for today? Run the Home Worth report on my site, or text me at 647-931-5151 and I will walk you through it.
Danny Macedo, Macedo Real Estate Group, Royal LePage Supreme Realty, Brokerage. Selling in Toronto and York Region since 1996.
