The new Coronavirus (COVID-2019) is causing no small amount of stress and fear as new cases arise daily around the world. In Canada, a patient who had been to Iran (not China) recently tested positive after flying from Montreal to Vancouver, generating concerns about the potential spread here at home.
But what do we actually know about the illness?
Dr. Peter Lin is a family physician in Toronto and a CBC News medical contributor. In this new video, he shares information about what this novel Coronavirus (COVID-2019) is, how it works, who is most at risk, and how you can protect yourself.
You have the ability to search for available homes online, get in touch with listing agents for specific properties, and attend local open houses on your own. You can even get kits to help you sell your own home. Do you really need to use the services of a realtor?
Yes! And here are 10 great reasons why:
1. Working with a professional realtor provides peace of mind.
Professional REALTORS® adhere to a strict code of ethics, are insured, and are committed to ongoing education. They have intimate knowledge of sales and trends in the local marketplace and their knowledge of contract law also ensures the paperwork is handled correctly.
2. You get information on new listings first.
Not only do REALTORS® have access to a multiple listing service, they are also invited to exclusive “agent only” open houses that let them find out what’s on the market before anyone else.
3. Your realtor will market that property!
Your REALTOR® will distribute information about your property to their network of other agents, industry partners, preferred clients, and the public. They already have a leg up on who may be most likely to purchase your home. This is a great help towards getting the word out that your home is for sale.
There’s nothing more disappointing than falling in love with a home only to realize it’s out of your reach. Getting prequalified for a mortgage can give you a better idea of the price range of homes you should be looking at, but once it’s time to get serious you’ll want a mortgage loan preapproval letter.
What’s the difference, you ask? In this post, you’ll learn how to use prequalification and why a preapproval letter can be a great asset in the search for your next home.
What’s the difference between mortgage prequalification and preapproval?
Prequalification requires that you provide some general information about your income and debt levels to a broker or lender. There is little or no confirmation of the information. As a result, a prequalification can give you an idea of your ideal price range and mortgage payments, but it carries little weight when it comes to negotiating.
When planning to purchase a property, you are faced with many decisions. What comes first—buying the next property or selling your present property? How much can you really afford? What are you looking for as far as the location, size, and style of your next property?
Yet even before any of these questions, there is one major decision to be made: which Realtor will you choose? Your Realtor is an invaluable asset and a champion in your corner. They’re there to help you navigate a maze of forms, give the direction and professional advice needed to successfully complete your real estate transaction, and ultimately to help protect your investment.
Buying a home can be as stressful as it is exciting. You’ve worked hard to save a down payment—don’t be caught off guard by the costs of closing the deal! In this post, you’ll find important information about the costs associated with purchasing and closing a residential property sale.
This is a general guideline to help you budget for your purchase.
How does mortgage insurance work?
Mortgage Insurance – If your downpayment is less than 20% of the purchase price, an insurance premium on the mortgage amount is required. The Government requires the funds to be insured. This cost is usually added on to the mortgage amount so you don’t pay out of pocket.
Looking for a school for your children, a local professional for renovations, someone to help finance your property purchase, or another local service or product? Start here!
Mortgage & Banking Services
Brian Mill, Mortgage Agent
Brian Mill is a local mortgage agent with Neighbourhood Dominion Lending Centres. He focuses his business in both Owen Sound and Port Elgin and prides himself on being one of the most experienced and knowledgeable mortgage agents in the area.
Brian has been in the business for over 15 years and has helped thousands of clients secure mortgages. With over 35 lenders, Brian will analyze your situation and find you the best mortgage solution and rates.
When contemplating the purchase of residential rental property there are as many types of properties to buy as there are considerations to take into account.
This article will focus strictly on purchasing student rental property for a member of your family to reside in while attending college.
One of your first considerations involves how long you plan on remaining in ownership. Will you hold the property just while your child attends post-secondary schooling, 3, 4 or 5 years, or will you continue as an absentee landlord after they have graduated.
If so, who will manage the property, and do the maintenance and repairs for you and how will the added expense of a property manager affect the income generated from the property. If you do decide to sell after your child graduates and the market is not the best for selling can you keep the property until the market turns around? Read more
An important ingredient in a successful home search is knowing how much you can afford. You don’t want to fall in love with a property only to find out it’s outside your price range.
That’s why I recommend getting a Mortgage Pre-Approval. This is a document from your bank or other lender stating how much of a mortgage they are willing to give you. There are two advantages to getting this pre-approval: Read more
You obviously want to sell your house for the highest possible price. You may even have a number in mind. But, how do you determine if that number is reasonable? You may be concerned that:
If you list your house too high, few buyers, if any, will see it.
If your price is too low, you could end up leaving thousands of dollars on the table.
Don’t worry. I’m an expert at creating a pricing strategy that will pique the interest of qualified buyers – and set the stage to get you the highest sale price possible. I’m also a specialist in the local market. I know what properties like yours sell for, and can get yours sold at the high end of that range.
I begin by getting to know your property and all its desirable features. Then I make some calculations to determine its Current Market Value. That value is based, in large part, on what similar houses in the area have sold for recently. Read more
Finding and buying the ideal property can be a dream come true. There is something special about walking up to the front door on moving day, sliding in your key and entering the foyer of your beautiful new home.
However, getting to that point can be a nightmare unless you have the right real estate agent working with you throughout the buying process. As your real estate agent, I ensure that I will do two important things for you:
Help you buy a home that matches your requirements;
Make the process simple and easy.
How do I work with clients?
To begin, I take the time to learn what you really want in a home. We look at your needs and desires, and help you determine the price range within which you should shop. Then we show you properties that meet that criteria – including new listings the moment they come on the market. Read more