November 15, 2022
Over the years Halloween has taken on a lot of different shapes and sizes here at RE/MAX Garden City. Usually a party. Generally, a lot of agents decked out in creative costumes. Sometimes special prizes for the best outfit. Originally most of the activity happened at our front lobby. Walk in and you couldn’t help but notice it was Halloween. The decorations, including life size mannequins greeted you with a macabre ‘hello’.
November 15, 2022
If you’ve ever taken one of my Money Machine Seminars, you’ll know I espouse a very simple plan for real estate investment: Buy one property a year for 10 years, never amortize for more than 15 years and never sell. A good many of you have over the years followed that simple plan, and in fact have gone far beyond that 10-property template. The first one or two properties are by far the hardest to acquire. It gets simpler as you go along. Your equity grows. Financing gets simpler. And quite frankly growing your portfolio gets addictive. But it raises the question, especially when you are just getting started of what to buy.
November 15, 2022
Last month we took a look at the fact that both here in Niagara and around the globe, economies are in turmoil. Inflation is running at a pace we haven’t seen in almost 40 years, and as a result, governments are scrambling to control it by raising interest rates. That situation hasn’t changed. In fact, even in the face of a possible recession next quarter, the Governor of the Bank of Canada has vowed to stay the course of interest rate hikes in order to combat inflation. We’ll see. So far that tactic hasn’t had much of an effect on run-away inflation, but it has definitely impacted the housing market.
November 15, 2022
The fall is the perfect time for a credit clean-up so that you are ready for the holiday spending season – and anything else the year can throw at you!
Traditionally in Ontario, a change in one’s marital status would revoke their will. A will made by a single person was revoked upon marriage, a will made by a married couple was revoked upon divorce – only divorce, legal separation was insufficient.
October 17, 2022
October 17, 2022
Canada has seen a surge of international migration over the last few years. With all these new faces in town wanting to plant roots in this great country, it’s a good time to review some of the details surrounding mortgages and how individuals new to Canada can qualify to be homeowners.
October 17, 2022
People often ask “can you sell a property that does not comply with current fire retrofit requirements?” The simple answer to that is yes, the building can be sold, but it is important that the buyer be aware of what he is getting and the possible ramifications that can arise down the line if the deficiencies are not identified and remedied.