| Recent Blog Posts by Szabolcs Pall | ||
Home Ownership Incentives
Did you know that there are a variety of government programs to help you save or borrow the funds for your home purchase? The RRSP Home Buyer's Plan, the Home Buyer Tax Credit and the Land Transfer Tax Rebate can help overcome the difficult challenge of saving money for a down payment faced by many First Time Home Buyers today. As a REALTOR® I can help you understand how these programs ...
Posted by Szabolcs Pall
on March 29, 2010
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Competing Offers - How to win!How do you win in a Competing Offer scenario?
First you accept that in some instances, price will always be the final word. And no matter how well your offer is drafted, someone may be in a position to offer more money than you for the house. Having said that, there are a number of things you can do as the buyer, to ensure that your offer is not amongst the first to get rejected, so ...
Posted by Szabolcs Pall
on March 29, 2010
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How to buy a home with 0% downDid you know that you can still get financing for up to 100% of your home? There is no getting around the 5% down payment required by CMHC, but some lenders will give you the 5% down payment if you are willing to take on a higher interest rate.
Don't forget though, that for non-owner occupied or investment properties, you now need a 20% down payment as part of the new mortgage rule ...
Posted by Szabolcs Pall
on March 2, 2010
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Why change the mortgage rules?
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
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