Did you know that not all properties are treated the same on the MLS® system when it comes to getting a mortgage???
Traditionally, a property gets listed on the MLS® system when a Seller uses a REALTOR® to facilitate the transaction......determining a value and obtaining accurate information regarding the home...just to name a few.
Since 2010, a person ...
Posted by Brenda Piech
on May 3, 2012
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 and quality of life and how it affects your financial and emotional wellbeing. ...
Posted by Brenda Piech
on September 20, 2011
Here is the Market Overview for Single Family Homes To July 31, 2011
The number of listings for single family homes is down by -1.8% in the Niagara Region.
Regionally, sales are down by -9.5% YTD compared to 2010.
Fort Erie sales an increased by .4%
Niagara-on-the-Lake by 5%
The 12-mth average sale price, overall, is up by 1.7%
Fort Erie is down by -3.4% and Pelham/Fonthill is ...
Posted by Brenda Piech
on August 11, 2011
Well....not everything has changed...
buyers can still purchase with 5% down for owner occupied homes
no downpayment option is still available under the 5% cashback program (keeping in mind this is at a higher rate
the maximum amortization on CMHC Insured Mortgages is 30 yrs.
if you want to refinance your existing home, perhaps to take out equity to purchase another property, etc., the maximum ...
Posted by Brenda Piech
on May 4, 2011
Buyers Express Opinions on Buying in Extensive Study
The National Association of REALTORS® (NAR) recently released their 2010 Profile of Home Buyers and Sellers. Here are just a few interesting findings regarding buyers:
6 Main Reasons Why People Buy a Home
Most mentioned by buys was the simple desire to own a home ...
Posted by Brenda Piech
on March 16, 2011
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:
A reduction in the maximum amortization to 30 years from 35,
Lower refinancing on the value of a home ...
Posted by Brenda Piech
on February 8, 2011
Helpful Mortgage Info
Good News: Mortgage Interest Cost Index Declines
According to Statistics Canada, “…The mortgage interest cost index, which measures the change in the interest portion of payments on outstanding mortgage debt, declined 2.7% after falling 3.0% in October.” “So mortgage debt may not be Finance Minister Jim Flaherty’s biggest concern after ...
Posted by Brenda Piech
on January 3, 2011
FACT IS, MOST PEOPLE WHO TRY TO SELL THEIR OWN HOME END UP USING A REALTOR(R) IN THE END ANYWAY. BEFORE ANYBODY DECIDES TO FLY SOLO THROUGH THIS COMPLEX, TIME CONSUMING AND FINANCIALLY PERILOUS PROCESS, THEY SHOULD CONSIDER THESE QUESTIONS.
WILL YOU REALLY "SAVE" THE REAL ESTATE COMMISSION?
WHEN BUYERS SEE A HOME FOR SALE 'BY THE OWNER', THEY SEE A BARGAIN. tHEY IMAGINE THE ...
Posted by Brenda Piech
on May 19, 2010
OREA President Pauline Aunger speaks at Rally to "Stop the HST"
OREA President Pauline Aunger joined Ontario PC Leader Tim Hudak and Ontario NDP Leader Andrea Horwath at Queen's Park on Wednesday, October 28th, 2009 for a rally to stop the HST
Posted by Brenda Piech
on November 6, 2009
TIME TO SEE YOUR HOME THROUGH A BUYER'S EYES
Over the years, you've grown quite comfortable with your home's little imperfections, the hole in the screen door, the chipped paint on the baseboards, the mess in the basement. Grab a clipboard, and take a tour of your home.
GET RID OF THE CLUTTER
Your house will feel alot bigger and more inviting when you get rid of all the non-essential stuff ...
Posted by Brenda Piech
on August 10, 2009