Just a quick post to wish everyone that follows along with the BarrieRealEstateTalk blog a HAPPY HOLIDAYS! We’re looking forward to continuing the discussion on a variety of real estate topics in Barrie in the coming year. If you have any topics you’d like any of us to cover – let us know by leaving a… Continue reading Happy Holidays!
Month: December 2012
Signing for yourself
I have blogged before about arranging for a power of attorney in case anything needs to be done on your transaction while you are away. Today, I wanted to talk about running the entire deal through a power of attorney – when you are the purchaser. As a vendor, using a power of attorney is… Continue reading Signing for yourself
What is a Co-Signer?
Occasionally with first time home buyers, the lender will ask for a co-signer or guarantor on a mortgage application. This happens for a couple of reasons – usually due to the applicant not having enough income to support the mortgage on their own, poor credit, insufficient employment history or an inadequate down payment. A co-signer simply adds… Continue reading What is a Co-Signer?
Fees, fees and more fees
Buying a condo? Then you should be extra careful about what the monthly fees will be. Generally, the status certificate will show what the current fees are. It will also state whether the condo board anticipates any special assessments in the near future. Most realtors will ensure that your lawyer has a chance to review… Continue reading Fees, fees and more fees
Mortgage Monday Rate Update: December 2012
While the mortgage industry slows down around Christmas, it doesn’t quite slow to a standstill. For those that are shopping for a new house, or looking to do a refinance (or even just a simple mortgage renewal), rates and numbers are an important part of the mortgage equation. When rates change even the slightest of percentage… Continue reading Mortgage Monday Rate Update: December 2012