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Archive for the ‘Purchasing’ Category

Let us Pay for YOUR Home Inspection!

Friday, April 9th, 2010

If you are buying a home, no matter what the age, please do yourself a favour and get a Home Inspection completed by a certified Property Inspector. So many problems or potential problems with a home may not be visible to the naked eye, and can cost you thousands in repair bills down the road.  A Property Inspector should provide you with a comprehensive report that identifies any potential areas of concern with the :

Foundations / Wall Structures / Floor Structures

Roof

Electrical System

Plumbing System

Heating System

Windows

EXAMPLE OF A GOOD HOME INSPECTION REPORT

But Beware!

Beware of Home Inspectors who are not what they claim.  A recent episode of Marketplace focused on Grow Ops that the Home Inspectors should have easily identified to the unsuspecting buyers.

Safe Homes Canada

Is an example of a company that only uses Registered and fully Qualified Home Inspectors, and has saved homeowners thousands of dollars.

www.safehomescanada.com

WE WILL PAY FOR YOUR HOME INSPECTION

On all new mortgage applications received until June 30th 2010, we will reimburse you for the cost of your Home Inspection.

** Note the following conditions apply to this promotion: on purchases only, deal must successfully close, all mortgages are O.A.C., no commercial properties, single family homes only

Call us today for more information

1-866-712-3943

Or complete the confidential comment field below

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Do you Dream of Owning a Cottage?

Wednesday, March 3rd, 2010

The new Mortgage rules that were implemented in April do not change the current guidelines for borrowing to buy a second home, i.e. a Cottage. The dream of owning your own family getaway may be closer to reality than you think!

Now is the perfect time to buy a cottage;
-Interest Rates are still low,  (especially the variable rates)
-The HST is not yet in effect, (coming July 1st)
-Markets just before the summer in cottage country are slightly lower, and sellers more motivated to sell.

You can buy a cottage with as little as 5% down payment. The source of this down payment can be the existing equity in your own home, as well as other sources, i.e. RRSPs, gift, etc.

Mortgages for a cottage (second home) are treated the same as your primary residence and you may qualify for an interest rate as low as the current lowest posted 5 year fixed rate or Variable Rate

“As a cottage owner in Muskoka, I understand how important realizing your dream is. As a Mortgage Agent, I want to help you make your dream a reality.”, Sarah Hurson Mortgage Agent # 09002165

For more information please complete the confidential contact form below, or on our Contact Page, or email us directly mortgages@dropmyrate.ca or call toll free 1-866-712-3943

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