by Jennifer Lynn Walker | Apr 9, 2006 | Buying, Moving
Are you moving to Montreal? This is a search term that I am getting a lot these days. That’s when someone types in Google “moving to montreal” and they end up on my site.I love Montreal and I encourage you to ask me questions if you would like more information....
by Jennifer Lynn Walker | Apr 8, 2006 | Market Updates, Real Estate Investing
According to a survey conducted on behalf of the Greater Montréal Real Estate Board (GMREB) at the end of 2003, nearly 213,000 households were planning to buy a home in the next five years. This trend has proven to be correct because during 2004, almost 50,000...
by Jennifer Lynn Walker | Apr 6, 2006 | Buying, Working with Brokers
How to know a house sold in Montreal? There is one easy way to find out, ask your local realtor. A realtor has in their database all the information of active, sold and expired listings.We can search specific dates, streets, and features for any type of property that...
by Jennifer Lynn Walker | Apr 5, 2006 | Buying, Real Estate Investing
What is revenue property in Montreal? What does it mean? The meaning revenue in the dictionary says: Yield from property or investment; income. We mean cashflow.Cashflow meaning what is left over once all the variables are subtracted off of the balance sheet. Let us...
by Jennifer Lynn Walker | Apr 4, 2006 | Buying, Mortgage & Finances
A pre-approved mortgage lets you know the maximum amount you can borrow to buy a home before you even begin looking for one. You can then make an offer on a property with peace of mind. To figure out how to do it, most mortgage lenders use this formula: (Note: We are...
by Jennifer Lynn Walker | Apr 4, 2006 | Real Estate Investing
Let’s say you make $60,000 a year. In 25 years, with an annual inflation rate of 3%, you will need approximately $125,000 to have the same comfortable lifestyle. Taking tax deferral plans into account, you will have to invest $1,100 every month at 10.5% interest...
by Jennifer Lynn Walker | Apr 4, 2006 | Real Estate Investing
You may be surprised to hear that your home is not the investment you thought it was. When buying a home most people think that they are buying an investment. But what if I told you that this may not always be true. While the bank will view your home as an asset, you...
by Jennifer Lynn Walker | Mar 24, 2006 | Home Improvement & Inspections
What is asbestos?Asbestos is a natural mineral with unusual qualities. It is strong enough to resist high temperatures, chemical attack and wear.A poor conductor, it insulates well against heat and electricity.Asbestos crystals become long, flexible, silky fibres, so...
by Jennifer Lynn Walker | Mar 16, 2006 | Home Improvement & Inspections, Selling
Financing renovations and energy-saving improvements are easy thanks to a CMHC-insured refinance mortgage. Offered through financial institutions, you can refinance up to 90% of your home’s market value to a maximum of $200,000 in additional funds. Whether...
by Jennifer Lynn Walker | Mar 16, 2006 | Mortgage & Finances
Is this your first home ? If so, did you know that if you accumulate a 25% down payment, you don’t have to have CMHC involved, which could save you 3%. Another option would be to take advantage of the Home Buyers Plan (HBP) A Home Buyers Plan (HBP) allows you to use...