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On Oct 15,2008, any mortgages that are government backed may impact you. No more 100% financing. On Oct 15, purchasers must have at least 5% down TDS Ratio (total debt to service ratio) Before that meant that all your debt obligations including mortgage, ...[Read More]
News Release Second best July on record Nine hundred and fifty homes exchanged hands in July 2008, making last month the second best July for home sales since the London and St. Thomas Association of REALTORS® (LSTAR) began keeping records in 1978. ...[Read More]
Okay here we go for a $129,00 Condominium listing . This was originally written for an investor client of mine new to investing in Ontario, however whether you are an investor or first-time home buyer hopefully this will prove illustrative of the buying ...[Read More]
Recently I penned this paragraph in response to a request for information from one of my clients. Keep in mind this was written specifically in regards to the student rental investment for the London market specific to the University of Western Ontario. ...[Read More]
Located in the Southernmost part Ontario, Canada, we are offering For Sale an outstanding opportunity to acquire an Historic Inn, c. 1895, complete with additional buildings which were constructed in 2000 to accommodate 4 new suites, as well as staff and ...[Read More]
I thought I would post this e-mail I sent to buyer from Tel Aviv Israel who is looking to purchase investment properties in London. Recently I have been getting increase and working with people from all around the world who are looking to purchase properties ...[Read More]
. . Well we've all heard the horror stories about people losing their homes south of our Canadian border and recently a client from British Columbia who is thinking of buying an investment property in London Ontario asks me about the American mortgage ...[Read More]
A lthough recent media attention has focused on the ups and downs of single-family residential housing south of our border this recent sale shows investor confidence in residential real estate. This sale may actually be the world's biggest real estate ...[Read More]
Coming Soon! As a Heritage Consultant and REALTOR, I have noted over the years that there are many owners and prospective purchasers who, (1) Enjoy the ambiance or what an older home or commercial propety has to offer, (2) marvel at the quality of workmanship ...[Read More]
Do You Know What Your Bed and Breakfast OR Inn is Worth? It has been several years since you first entered the exciting Lifestyle (Business) of being an Innkeeper. After the initial start-up, long hours, countless marketing decisions to position your B ...[Read More]
Residential(single family) Activity by Area For the London St. Thomas Real Estate Board, this would include areas such as Komoka Kilworth Ilderton Mt. Bridges Delaware, Arva and all of Middlesex County. 2007 2006 Listings Sales Sales/Listings Ratio Average ...[Read More]
. Year-to-date, number of sales and average prices for London were: Year-to-date, number of sales and average prices were: Total Detached 5,554 $216,632 7.2% Total Condo 1,455 $145,460 4.4% Total Residential 7,009 $201,857 6.7% In terms of house style, ...[Read More]
September 20, 2007 RE/MAX Realty agency files for Chapter 11 By BARRY FLYNN Business Writer DAYTONA BEACH -- A real estate agency owned by Felix Amon and his wife, Ursula, developers of oceanfront condominiums, has filed for Chapter 11 bankruptcy protection. ...[Read More]
Over the past year I have seen some credit worthy clients and customers being declined by some lenders and it was not only discouraging for them but for me as well. I have studied and researched various lenders and mortgage brokers and wow!!!, my eyes ...[Read More]
A Crabby Old Man When an old man died in the geriatric ward of a small hospital near Tampa, Florida, it was believed that he had nothing left of any value. Later, when the nurses were going through his meager possessions, they found this poem. Its quality ...[Read More]
STROKE: Remember The 1st Three Letters... S.T.R. My friend sent this to me and encouraged me to post it and spread the word. I agree. If everyone can remember something this simple, we could save some folks. Seriously. Please read: STROKE IDENTIFICATION: ...[Read More]
If you've seen or heard a good joke lately feel free to add it to the comments section. Actual stupid questions asked The below excerpts appeared in the Salt Lake Tribune. They were taken from real court records. Now doctor, isn't it true that ...[Read More]
NEW YORK, Jan 25 (Reuters Life!) - If you're looking for a new home and have $155 million to spare, you could be the proud owner of the world's most expensive abodes. Forbes.com, the online site of Forbes magazine, on Thursday said timber and real ...[Read More]
The pace of new home construction slowed in November in the
London Census Metropolitan Area (CMA), according to preliminary figures released today by Canada Mortgage and Housing Corporation (CMHC).
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