Did you know … as of March 18th 2011, you will no longer be able to take out a mortgage with an amortization period of more than 30 years. The change was implemented as a preventive measure to ensure people aren't over extending themselves. Some banks are taking advantage of this to offer incentives for would be home purchasers before the deadline, so take advantage now!
ready2move.ca ...
Posted by Szabolcs Pall
on March 17, 2011
My brother recently asked about what I thought was the best smart phone on the market. Sure there are tons of web-sites dedicated to this stuff, and he has probably read them all, but like most anything you purchase, it’s often best to ask someone who’s had some firsthand experience with the bloody things.
And it’s with that in mind that we decided to host a live session ...
Posted by Szabolcs Pall
on March 17, 2011
Buy first or sell first?
The answer is almost always SELL, for the simple fact that in our current market conditions, you cannot be guaranteed a quick sale. So you might as well get the process started as soon as possible. The pros of buying first are that you will almost certainly know your possession date and can time the sale of your existing home to match it.
Either way, you’ll ...
Posted by Szabolcs Pall
on July 6, 2010
Image: Danilo Rizzuti / FreeDigitalPhotos.net
How do you characterize our current real estate market? Lots of buyers, not enough homes. Homes are selling at over and above the asking price as demand pushes excited home buyers, nervous at the thought of losing out on a home, to bid full asking price sometimes without conditions. While active listings are down from last year, we are already ...
Posted by Szabolcs Pall
on March 2, 2010
Markets in Canada and the U.S. rebounded in 2009 from a disastrous start to the year as investors warmed to signs that the recovering economy would boost profits? The TSX ended with a gain of more than 30% on the year. While this is positive news for our economy, it’s still difficult to predict the financial success of many investment opportunities. Real estate however, continues ...
Posted by Szabolcs Pall
on January 5, 2010
There is no better time to get in the market then now! This is something you may hear repeated often but it definetly rings true today!
Consider the following: The dollar is at about .95US again, the stock market has survived the bad news coming out of Dubai and is once more pushing towards 12,000 points. Overnight lending rate by major banks is still hovering at all time lows and the ...
Posted by Szabolcs Pall
on December 2, 2009
Don R Campbell - Real Estate Investment Network (Part 1 and Part 2).
Posted by Szabolcs Pall
on May 1, 2009
Finance Minister Jim Flaherty has recently said, that panicking in the face of this global economic crisis could prove tragic for Canada's own economy. I think it should also be stated, that some of the frightning headlines we are seeing in the news today, have been kicking around for about a year now. And even longer in the U.S and the U.K. So while the financial bailout of the U.S. ...
Posted by Szabolcs Pall
on December 12, 2008