As of October 15, 2008, people interested in buying homes or refinancing mortgages should be aware of some significant changes that will affect HOW MUCH you can borrow and HOW LONG can you borrow it for.
To avoid the sub-prime lending meltdown that occurred in the U.S. and to maintain a strong Canadian housing market, CMHC (Canadian Housing and Mortgage Corporation), a body of the federal government ...
Posted by Sean Kavanagh
on September 24, 2008
If you are looking to increase the value of your home but just don't know what you can do, head to the Home Show. You can ask experts about improvements, discover the lastest innovations and save money when you make purchases at the show! Save on everything from window coverings to vacuums, from heating and air conditioning units to home security systems. If you are thinking about ...
Posted by Sean Kavanagh
on September 24, 2008
Shopping for your new home should be an exciting, enjoyable and relatively stress free experience. I have listed some tips on what to look for when you begin your search.
• Talk to your bank or mortgage broker before you begin so you can focus on what is a realistic option for you. Once your financial boundaries are established, it makes the search much easier.• Always consider your proximity to ...
Posted by Sean Kavanagh
on September 24, 2008
Have you ever thought about buying property in a foreign country but haven't pursued it because you just didn't know where to begin? Do you think that buying ocean view property in a tropical country is only for the wealthy? Let me help demystify the buying process and set you on the way towards realizing your tropical dream.
I, partnering with sales representatives residing in Costa Rica, provide ...
Posted by Sean Kavanagh
on September 24, 2008
• Wash walls, ceilings, and baseboards. Consider painting with light, neutral colours. Repair cracks.• Tighten loose knobs, towel racks, switch plates, and outlet covers.• Fix tight doors and windows, squeaky floorboards and loose stair banisters.• Clean and repair caulking around tubs and sinks. Fix leaky faucets and remove water stains.• Clean and organize the basement and attic (this is a good ...
Posted by Sean Kavanagh
on September 24, 2008
That answer is a difficult one to answer as there are many factors, often ones beyond our control, which will contribute to the length of time your house stays on the market. High interest rates will cause potential buyers to wait for more favourable conditions before they choose to buy. This is just one of the many factors that will affect the length of time it takes for us to sell your house.
Timing: ...
Posted by Sean Kavanagh
on September 24, 2008
1) Wrong Price: Price is ALWAYS determined by what the market dictates in comparison to all other properties sold of similar value. Sales representatives complete market evaluations on every home to ensure each house is priced properly. If you disregard that advice and feel adamant about setting the price high, be prepared for the house to sit on the market while all the other similar properties ...
Posted by Sean Kavanagh
on September 24, 2008
When you sit down to decide what price you should list your property at, there are a few questions you need to ask yourself.
How did you come up with that number? Is that price going to get my home sold quickly, with maximum profit? If you simply checked MLS prices to determine where you want your property priced at, you could be making a few costly errors:
1) Without having a sales representative ...
Posted by Sean Kavanagh
on September 24, 2008
Getting the most money for your house in the quickest possible time with the least amount of hassle is usually the goal.....well, I guess it's always the goal!
The question then becomes ‘when is the best time to sell?' The answer is not an easy one and is often determined by your current lifestyle situation. A teacher may believe that selling in the summer is the best time to move as there is ...
Posted by Sean Kavanagh
on September 24, 2008