The question that comes up more and more in the country’s expensive housing markets is: Where are first-time buyers getting the money?
Parental help is a big factor, so much so that the federal agency Canada Mortgage and Housing Corp. has launched a study of the phenomenon. Also, it’s virtually a given that today’s buyers will raid their registered retirement savings plans to use the federal Home Buyers’ Plan. And then there are savings – money put...
You know where they are… at least, you do now. They’re the neighbourhoods that yesterday were discussed quietly, often with a mild disdain — as if nobody who was anybody could possibly consider a home there. Perhaps they suffer from a less-than-savoury past; sometimes it is because they’re so far off the beaten path, no one actually knows where they are....
Billionaire money manager John Paulson was interviewed last week at the Delivering Alpha Conference presented by CNBC and Institutional Investor. He boldly stated:
"I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you're the owner-occupier of.”
Paulson is the person who, back in 2005 & 2006, made a fortune betting that the subprime mortgage mess would...
What a great time of year to do a litle housework! Am I right!?
In the spirit of helping you keep you investment in tip-top shape, here are a few ideas that will help you do so this summer.
Outdoors
If you have pets, you probably adore them. They're part of the family! But when you're preparing your home for sale, you need to think about how you're going to deal with the "pet issue".
Some potential buyers who view your property may love pets as much as you do. However, others may be turned off by the tell-tale signs of pet ownership – such as kitty litter, dander, and smells.
So be sure to make a plan for how you’re going to deal with your pets.
It's a good idea to keep pets...
The stakes are high when selling your house. I use a proven strategy that gives you the upper hand, every time.
Macdonald Realty LTD
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