Location’s Impact on Lifestyle and Value
You’ve heard the question,
“What are the 3 most important elements of buying a home?”
The response: “Location, Location, Location.”
There is no denying: location is critical to home buying. That’s because where you live can be important to how you live, how it affects your happiness ...
Posted by Allan Lent
on September 12, 2011
First Impressions and Selling a Home?
Here are some questions you may have along with the answers....
Are first impressions important to selling a home?
I remember reading the following from somewhere:
“In a television commercial, we’re told the sale is made or lost in the first 3 or 4 seconds. In a print ad, tests have shown, 75% of ...
Posted by Allan Lent
on August 9, 2011
Pricing Your Home--a Minefield of Styles
Many sellers interview two or three REALTORS® before they decide with whom to list their home. Sellers want to feel comfortable and confident in the REALTOR® they choose. They also consider reputation and trustworthiness as two critical factors in evaluating whether the salesperson is the right fit. That’s why 64% of sellers use a salesperson ...
Posted by Allan Lent
on May 31, 2011
Most Canadians Upbeat About Owning a Home—RBC
Is Home Ownership A Good Investment?
The Royal Bank of Canada’s 18th Annual Home Ownership Study indicates that:
90% of Canadians "are confident about real estate in Canada as an investment"
"85% feel they are doing a good job or excellent job of paying down their mortgage"
73% "believe that they or their family are well-positioned ...
Posted by Allan Lent
on April 20, 2011
6 Main Reasons Why People Buy a Home:
1. Most mentioned for people buying was the simple desire to own a home of their own.
.
Other Major Reasons identified by all home buyers:
2. The desire for a larger home;
3. A change in ...
Posted by Allan Lent
on March 16, 2011
Century 21 News
Volume 7, Issue 2
Visit: www.century21today.ca for current listings
2011
...
Posted by Allan Lent
on February 9, 2011
Mortgage Rules to Change Again—will it again add to the confusion?
This is the second round of changes to mortgage rules since the spring of 2010. Though probably prudent, will it again cause some confusion among consumers as before?
This time the Government has announced 3 additional changes to mortgage rules for government insured mortgages. They are:
1. A reduction in the ...
Posted by Allan Lent
on February 9, 2011
Over half of Ontarians confused about HST and resale homes A full 56 percent of Ontarians mistakenly believe that the new Harmonized Sales Tax (HST) applies to the full purchase price of a resale home, according to an Ipsos Reid survey commissioned by the Ontario Real Estate Association (OREA).
“We see it on the front lines every day. Clearly, Ontarians still don’t know what the HST covers ...
Posted by Allan Lent
on December 1, 2010
Today people move every 7 years on average. And a great many, for one reason or another, sell much sooner.
To more likely achieve a good financial return, and a larger downpayment on the next purchase, a good selling strategy is to keep a home for at least 5 years, if possible.
In spite of the market’s recent struggles, the average sale price in our region has appreciated by about ...
Posted by Allan Lent
on May 7, 2010
New Rules still allow 5% Down to Buy a Home
Mortgage Changes and Clarification
To clarify any confusion, YES you can still buy a home with a 5% downpayment; this has not changed. As well, lenders continue to offer the 5% cash-back option.
The 3 New Rules to Insured Mortgages follow:
90% Maximum Refinancing Prior to the modifications, you could refinance and withdraw up to a maximum of ...
Posted by Allan Lent
on May 7, 2010