Tag Archives: real estate

CMHC CHANGES ITS MORTGAGE INSURANCE PRODUCT OFFERING

Posted on July 9, 2014 by Kim Mays

Source: Canada Mortgage & Housing Corporation As part of the review of its mortgage loan insurance business, CMHC is discontinuing its Second Home and Self-Employed Without 3rd Party Income Validation mortgage insurance products effective May 30, 2014. Self-employed Canadians can … Continue reading →

Posted in home search, homes, homes for sale, house hunting, MLS, new home, REALTOR, realty, Uncategorized | Tagged amortization, banking, CMHC, credit, credit score, downpayment, financing, first home, first time home buyers, home buying, home insurance, Home Ownership, insurance, interest, interest rates, Kim Mays, Lanark County, Mortgage, mortgage payments, mortgage rates, mortgages, real estate, real estate agent, resale homes, sellers, selling a home, selling your home | Leave a comment

HOME INSPECTORS SHOULD BE REGULATED

Posted on March 14, 2014 by Kim Mays

Although I have worked with many excellent, well qualified home inspectors over the years, I have also worked with a few who would make you question just what exactly made them think they were qualified to do this job. Below … Continue reading →

Posted in Uncategorized | Tagged agent, BUILDING INSPECTION, buyer, buyers inspection, buying, home, inspection, new home, real estate, seller's inspection, sellers, selling | Leave a comment

HOW TO HELP PREVENT A LOWBALL OFFER ON YOUR PROPERTY

Posted on November 5, 2013 by Kim Mays

Selling a home can be an emotional process. The strain of constant showings and uncertainty about if or when offers will come in can put any homeowner under a certain amount of stress. The last thing you want is to … Continue reading →

Posted in home search, homes, homes for sale, house hunting, MLS, new home, REALTOR, realty, Uncategorized | Tagged agent, Buyer's Agent, buyers, buying, communication, counter offer, equity, expectations, home equity, home value, home worth, information, low ball offer, market conditions, negotiating, offer price, offers, overprice, pricing, real estate, real estate agent, sale price, seller's agent, sellers, selling, transaction, underprice | Leave a comment

UNDERSTANDING HOW TERM AND AMORTIZATION WORKS CAN SAVE YOU THOUSANDS!

Posted on April 23, 2013 by Kim Mays

Source: Home Ownership Editor & OCNA Special to Money Management Newsletter If there is one thing that confuses the public it is the difference between the Mortgage Term and the Mortgage Amortization Rate. The Mortgage Term is that period of … Continue reading →

Posted in Uncategorized | Tagged amortization, buying a home, financing, interest, interest rate, Mortgage, mortgage agent, mortgage rate, real estate, selling a home, term | 1 Comment

LOCAL REAL ESTATE BROKERAGE VS. BIG NAME COMPANIES

Posted on October 30, 2012 by Kim Mays

I came across this blog post from a Realtor in the States, which is a big eye opener when comparing real estate brokerages. Many people have the old school belief that you need a big name to help with your … Continue reading →

Posted in Uncategorized | Tagged buyers, century 21, coldwell banker, keller williams, local brokerage, real estate, real estate brokerage, Remax, royal lepage, sellers | Leave a comment

COMPETING OFFERS

Posted on September 11, 2012 by Kim Mays

Source: RECO In certain market conditions, consumers may find that more than one buyer is interested in a property. This is a competing offer situation (also known as multiple offers) and creates unique conditions in a real estate transaction. Both … Continue reading →

Posted in Uncategorized | Tagged buyers, buying a home, competing offers, financing, financing clause, more than one offer, Mortgage, negotiations, real estate, sellers, selling a home, tips for buyers, tips for sellers, working with a realtor | Leave a comment

I’M JUST LOOKING SO I DON’T WANT TO BOTHER MY AGENT

Posted on August 8, 2012 by Kim Mays

I had an interesting call from a woman a couple of weeks ago who was interested in having me show her a property. I did not know this woman at all, which is not unusual. As part of my process … Continue reading →

Posted in Uncategorized | Tagged agent, Buyer's Agent, buying a home, clients, real estate, realtor, working with a realtor | 1 Comment

REPAIRING YOUR CREDIT SCORE

Posted on July 30, 2012 by Kim Mays

Sometimes the only thing standing between you and your dream home is a poor credit rating. This can happen for a variety of reasons, but the most important thing is to fix it so you can get on with your … Continue reading →

Posted in Uncategorized | Tagged bad credit, car loans, credit, credit applications, credit score, financing, good credit, home buying, loans, Mortgage, mortgage financing, poor credit, real estate | 1 Comment

RETURN ON INVESTMENT FOR HOME RENOVATIONS

Posted on June 16, 2012 by Kim Mays

Thanks to Lindsay Blair, Mortgage Agent with Dominion Lending Centres Metro City Mortgages (613-316-4021) for sending me this to share with you. Looking to renovate your home but not sure if it is worth the time and money to do so? Or … Continue reading →

Posted in Uncategorized | Tagged best renovations, best return on investment, home improvements, home renos, home renovations, home repairs, home value, increasing home value, increasing property value, property improvements, property investments, real estate, real estate renovations, renovations, return on investment | Leave a comment

WHAT IS REAL ESTATE FRAUD?

Posted on April 30, 2012 by Kim Mays

Source: Ontario Government Real estate fraud is a broad term used to describe the different types of fraud that the real estate industry faces. Mortgage fraud Mortgage fraud is a type of real estate fraud that most often hurts the … Continue reading →

Posted in Uncategorized | Tagged aquiring property, buying, identity theft, land registration, land registry, Mortgage, mortgage fraud, ontario land registration system, property value, protecting your identity, real estate, real estate fraud, real estate transaction, selling fraud, title fraud | Leave a comment