Realty Biz

MARCH 30, 2023

Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know. To get the best rate for your situation, be sure to look closely at each type of mortgage. Let's take a closer look.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Key Interest Rate Questions That Could Save Your Clients Money. Amortization.

Purchase and sale agreement 98

Purchase and sale agreement Title Proof of funds Pre-approval 98

Toronto Realty Blog

APRIL 16, 2021

They are likely buying in cash, but who knows, they might take a small mortgage because money is cheap. At 2.29% for a 25-year amortization, on a 5-year fixed-rate mortgage, they would carry this for $2,100.36 If the stress-test qualification goes up to 5.75%, they would not be able to make the payments of $2,860.41.

Pre-qualification 65

Pre-qualification Development As-is Marketing 65

Toronto Realty Blog

DECEMBER 14, 2022

October 19th, 2022, I wrote, “Should Tenants Be Pre Approved For Candidacy?” There’s no qualification to be a landlord. May 16th, 2022, I wrote, “How New Legislation Could Kill Condominium Construction” Only two days later, I followed up with a similar topic.

Development 81

Development Purchase and sale agreement As-is Marketing 81