Friday Sep 6th, 2019


    GTA'S REAL ESTATE MARKET REPORT AUGUST 2019 www.realtornumber1.com   Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB’s MLS® System in August 2019. This result represented a 13.4 percent increase compared to 6,797 sales reported in August 2018. The average... [read more]

    5 Reasons Canadians Buy Property in the U.S.

    Saturday Jul 6th, 2019


    A home purchase in the U.S. is attractive for Canadian buyers – whether they are looking for a primary residence, vacation home or investment property. 1. Affordability Canadians see the great value when purchasing U.S. property, particularly relative to the booming real estate prices back home in Canada – where buying homes, cottages, townhomes or other vacation properties is becoming almost impossible. 2. Lifestyle Canadians – particularly retired Canadians... [read more]

    Trustworthy mortgage brokers in Markham and what they do for you

    Wednesday Sep 5th, 2018


    Are you looking to buy a house? Do you want to invest in commercial property? Is this is your first venture in the world of real estate? If your answer was ‘yes’ to all the above questions then you have come to the right place. Treading the ever-changing real estate market can be quite confusing if you are an amateur. There is also a chance of you committing irreversible financial blunders. To avoid all that you need pros like trustworthy mortgage brokers in... [read more]

    Survey reveals seniors' feelings about selling their homes

    Tuesday Aug 7th, 2018


      According to a survey conducted by HomeEquity Bank in tandem with Ipsos, 93% of seniors want to age in place. “The older the people that we surveyed, the more they want to stay in their homes,” said Yvonne Ziomecki, HomeEquity’s executive vice president of marketing and sales. “They want to age in place. Ninety-three percent of homeowners 65+ felt it was important to stay in their homes in retirement.” The findings indicate that perceived home... [read more]

    New Mortgage Rules Oct 19th , 2017

    Thursday Oct 19th, 2017


    So I’m sure you have heard the news about some of the upcoming mortgage rule changes that were announced earlier this week.   I thought I would put together an email to explain this.   What is the Rule Change? A year ago, the federal government made a rule change that all borrowers who were putting less than 20% down on a purchase had to qualify under this ‘Stress Test'. The rule change just announced was that now all borrowers including those putting... [read more]

    Foreclosure v.s. Power of Sale

    Tuesday Dec 27th, 2016


    In the unfortunate circumstance that a homeowner is past-due on their monthly mortgage payments, they pave the way for a “foreclosure” on their property. In today’s market, banks and other lenders do not turn to foreclosure to take away the homes of homeowners who are in arrears. Instead, they perform a "Power of Sale" which is wholly different from a Foreclosure. What is a Foreclosure? Foreclosures are laborious, grueling, and costly to both the... [read more]