Banks etc, require 7 yrs after your discharg to qualify as an "A" client. Other lenders may require only 1 or two years after a discharge with at least 12 months re established credit, however 5% downpayment is unlikely. Every application is different, depending on the client, 20% or 25% would be required. A private lender would be 15% down however the rate is higher, and fee's are ...
Posted by Rodney Barron
on April 7, 2012
All through life, in everything we experience we are told the "RULES" of how the game is played. My 15 year old daughter sometimes rebels at have rules and states that she can't wait to be old enough to not have any rules. I am now 50years old and I have still not reachd a point in my life where I am exempt from rules,.... and I think I could live another 50 years and still not reach that particular ...
Posted by Rodney Barron
on June 22, 2010
I was just driving back from vacation when it dawned on me that our Canadian politicians have been able to accomplish what several environmental and economic catastrophies have failed to do. It was a stunning realization that made me very happy I was not driving on a bridge. Our premier has pushed forward with his agenda to harmonize the sales taxes and our federal leader has initiated more stringent ...
Posted by Rodney Barron
on February 16, 2010
I am sitting here this morning, the Saturday before Thanksgiving, and I am amazed at all we have to be thankful for. We live in a Country that is not torn by the ravages of war, we are wealthy and educated. We have a rich multicultural society complete with a kaleidoscope of religions and we are the envy of so many other countries that there are waiting lists of people waiting to emigrate and ...
Posted by Rodney Barron
on October 10, 2009
I found this aricle on our Board web page and thought that you might find it interesting. It is lengthy but well worth the read.
Homeowners face a double quandary when faced with the prospect of selling their homes: how does one make sure the decision to sell is the right one; and once the choice is made, when is the right time to sell?
Traditionally, there have been four major reasons ...
Posted by Rodney Barron
on June 5, 2009
Seasoned observers are seeing some faint signs of spring in the economy.
Ontario's real estate market last month showed a 10.5% increase in sales activity over February -- one of the strongest in the country, according to the Canadian Real Estate Association (CREA).
A just-released Bank of Canada business outlook survey revealed that the relentless negativity is starting to lighten up a bit.
South ...
Posted by Rodney Barron
on April 21, 2009
Winter is struggling to hold on to it's death grip here in Niagara! I am generally a very forgivng man but I have to admit that I am seriously contemplating murder. Old man Winter has out lived his time and Euthnizing him is in everyone's best interest now. As I said I am generally forgiving but I am willing to compromise this trait in order to jump start our spring and move closer to those hot summer ...
Posted by Rodney Barron
on April 8, 2009
Premier Dalton McGuinty and Finance Minister Dwight Duncan have been openly musing about the possibility of harmonizing the goods and services tax with the provincial sales tax. If that happens, it will result in thousands of dollars in additional costs for people buying resale homes and tens of thousands of dollars for people purchasing new homes. We need to do everything we can to keep housing ...
Posted by Rodney Barron
on March 24, 2009
Well I do not know if you are a dog lover or not but the surest sign that winter is over and spring has arrived is easily determined by the behavior of your dog. In my case I know that the more holes my dogs dig the closer spring is. I just sat out on the deck and had a coffee with my wife of almost 30 years and of course the dogs were out as well. The sun was shining and the breeze was light so an ...
Posted by Rodney Barron
on March 19, 2009