| Recent Blog Posts by Catherine McGill | ||
How to Find a Good Investment PropertyThe idea of owning rental real estate seems to be gaining popularity as investors tire of the swoops and swoons of the stock market. Not everyone has what it takes to be a landlord. But those who do may find rentals to be a good way to build wealth.
Once you've made the decision to buy rental property, your real work begins. Finding a profitable rental property usually takes time, connections ...
Posted by Catherine McGill
on October 29, 2010
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Choosing Which Mortgage is Best For YouNot sure which mortgage is right for you? Use the My Mortgage Selector tool for advice on which mortgage meets your needs.
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The basic features to consider when selecting a mortgage include:
A conventional mortgage is a loan for no more than 80% of the appraised value or purchase price of the property, whichever is less. The remaining amount required for a purchase (20%) comes from your ...
Posted by Catherine McGill
on October 29, 2010
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Closing CostsClosing costs are the legal and administrative fees and disbursements associated with buying your home. Understanding each one will help you budget more accurately and lead to a more comfortable home-buying experience.
CMHC or Genworth Financial Canada insurance
A conventional mortgage is a loan for no more than 80% of the appraised value or purchase price of the property, whichever is less. The ...
Posted by Catherine McGill
on October 29, 2010
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The Importance of Your Credit ScoreMany people do not realize the importance of their credit scores. Some people think that credit scores are only limited to approval of loans. In reality, a credit score can have a large effect on your financial life.
Before going into details, it is important to properly define what a credit score is to ensure that readers have a solid ground on this topic. A credit score is a three digit number ...
Posted by Catherine McGill
on October 29, 2010
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One Opportunity Only to Own this 75th Floor PenthouseThe Real Estate market is seeing many home sales and although it isn't likely that a first time buyer would be interested in this stunning Penthouse, there are a number of units available at AURA which will be released for sale by the end of this month.
Suites are available from $800,000 to $17.5 million I've included the actual floor plan of the Penthouse here for you:
http://www.collegeparkcondos.com/pdf/penthouse_floorplans/75th-floor.pdf
If ...
Posted by Catherine McGill
on April 9, 2010
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Market Watch May 2009- Second Month in a Row Increased SalesFor the second month in a row, the Canadian housing market has recorded an increasing number of sales in most areas around the country. "Conditions in the resale housing market have improved markedly this Spring," according to TREB President Maureen O'Neill. "Home purchases have increased as households have taken advantage of low interest rates and slightly lower home prices." While April sales ...
Posted by Catherine McGill
on May 29, 2009
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TIPS FOR STAGING YOUR HOMEThere are many television shows today that focus on home staging. If you have not watched any, do yourself a favor and tune in. They all say the same thing: do not even consider putting your house on the market until you have taken a close look at its condition. Experienced sales people know that you only have one shot at impressing potential buyers, so take some time to prepare your home for showings. ...
Posted by Catherine McGill
on April 22, 2009
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8 Common Mistakes Most Home Sellers Make1. Failure to effectively market the property. Good marketing distinguishes your home from hundreds of others on the market, selling its benefits not just its features. Open houses and print advertising (the most obvious) are only moderately effective. Only 1% of homes are sold at open houses, and just 3% of people purchased their homes after seeing a print ad! Your Realtor© should be using ...
Posted by Catherine McGill
on April 3, 2009
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BUYING A HOME CHECKLISTIf you are buying a home, then, before you decide on whether this home is your dream home, the following checklist will help you look at prospective homes with a critical eye. We suggest printing this page and putting it on a clipboard. When you find a home that really interests you, mark the features you see and note their general condition on this list. Where we've provided choices, fill out in the ...
Posted by Catherine McGill
on March 20, 2009
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