Easy as 1,2,3,4

Interest rates at low and the market is warming up. Are you considering a move in 2013? If you are buying your first home or a fifth home, it is a good idea to get pre-approved to see how you qualify for your new home. Here are some interesting facts about home purchasing. 1. You can put 5% down payment on a home even if you are a repeat home buyer 2. Property Transfer Tax is payable if you are a repeat home buyer or if you are a first time home buyer and are buying over $425,000. It is calculated as 1% in the first $200,000 of the purchase price and 2% of the balance 3. Using a realtor to buy a home is FREE to you. The seller pays their realtor a commission that is split with the buyers' realtor. 4. As a first time home buyer you can use up to $25,000 of your RRSPs tax free. You simply must repay it within 15 years. Don't forget that my services are free to you because the banks pay me. There is not obligation so why not call me and we can discuss making your home ownership dreams a reality.

Another idea

The Bank of Canada met this morning and no changes are going to happen any time soon with the Prime rate. The Bank of Canada and Federal Government keep talking about trying to slow down the housing market however, lenders seem to have another idea. This week fixed rates came down slightly creating competition in the market place. Borrowers should always make sure to read the fine print on discounted rates. As we learned last year, lenders will create clauses restricting pre-payment options or limiting transferability of a mortgage with a low rate. Be sure to ask questions about the mortgage's flexibility to ensure it will work with your larger financial plan. If you are considering a home purchase or would like a complimentary mortgage review to see if I can potentially save your thousands of dollars over the next 5 years, call me today! My Birthday Extravaganza at Manhattan's is coming up quickly and I want to invite you all to come out. It is going to be a great night of dinner and live music. I am a lso looking for donations for our raffle. Gift certificates for restaurants, spas, and services are appreciated. Thanks for helping me raise money for Team Jordan in Walk Now - Autism Speaks Canada!