Expanding Real Estate Portfolio, First Time Home Buyer, Improving Your Home, In the News
Hello everyone, It’s Suzanne Boyce the former owner, and while that may be the case, I’m not quite out to pasture yet. Though I must say, COVID has certainly made it feel that way some days! We at PMG wanted to give everyone the heads up that the price of construction material is quickly on the rise due to a shortage of goods. This can be attributed to the following: The extreme slowdown that occurred during the initial lockdown caused a pent up demand in both commercial and residential construction. The general population has adopted home improvement as a replacement for vacations and other fun leisure activities that are now inaccessible. In the following attachments, you will see... Read more »
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, Planning Your Move, Uncategorised
Ok so maybe it’s too soon to stop worrying altogether. Although, after many weeks of uncertainty, it looks as though economists are sallying forth with fresh predictions about what a recovery will look like. After a very strong first quarter in housing, all bets are...
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, In the News, Philosophy on Financial Wellness
The Bank of Canada dropped its overnight rate down by 0.50% as a response to the global economic slowdown resulting from the Covid-19 crisis Bank Prime was at 3.95% and will be dropping to 3.45%.For variable rate clients, you can expect to see your rate drop at the...
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, In the News
From the day I started here at Personal Mortgage Group 8 years ago, I have been talking about the “stress test”. It is an integral part of the mortgage formula and something that decides the fate of so many buyers looking to get into the real estate market. What...
Expanding Real Estate Portfolio, Financial Tune Up, First Time Home Buyer, In the Community, In the News
Greater Hamilton-Burlington Area According to data released March 3 by the Realtors Association of Hamilton-Burlington, year over year sales activity from February 2019 to February 2020 has increased on average by 25%. Prices also following this trend with year over...
Expanding Real Estate Portfolio, First Time Home Buyer
First a legal definition: Marketable title (real estate) is a title that considers to be free from defect. Marketable title does not assume the absolute absence of defect, but rather a title that a prudent, educated buyer in the reasonable course of business would...
