Mortgage Changes are coming!

Mortgage Changes are coming! Are you looking to purchase a home?  Are you aware of the changes that will take effect in the new year?   More than a third of Canadians aren’t aware of the upcoming changes to mortgage regulations or how they will affect their ability to purchase a property in the future, says a recent survey conducted by Leger on behalf of Re/Max. Fifty-eight per cent are aware of the new Office of the Superintendent of Financial Institutions (OSFI) stress test regulations, the survey says. Of the group that is aware of the changes, 27 per cent don’t believe it will impact the type of property they purchase in the future; 18 per cent believe it will impact the type of property they purchase in the future and 13 per cent are unsure. The survey also found that nearly half (48 per cent) of Canadians are considering purchasing a home in the next five years. Since the OSFI regulation changes were announced, we have seen a number of markets across the country receive an influx of buyers looking to…

2600 Askin - South Windsor ranch!

2600 Askin - South Windsor ranch! South Windsor Ranch 2600 Askin - SOLD!! Perfect South Windsor located ranch! This beauty is immaculate with numerous updates and is move in ready.  Steps to Bellewood public school, quick access to 401 and the USA.  Close to all the amenities.  Feautes three bedrooms on main and one in the basement, Two full baths and one half, open concept kitchen and entrance, huge family room overlooking gorgeous rear yard with decorative lighting, in-ground pool and hot tub.  The basement is finished and is perfect with gas fireplace.  Lots of room to park your cars in the 2.5 car garage and double drive.

3365 Curry Ave.  - South Windsor - SOLD!!!

3365 Curry Ave. - South Windsor - SOLD!!! Open house Sunday Nov. 26 1:00-3:00   3365 Curry Ave. - SOLD!!! Amazing South Windsor location!  Steps to Curry park, Massey secondary, Glenwood public, in Bellewood district & quick access to all the conveniences.  Ranch style with two bedrooms, one bath and large addition off the rear of the home with gas fireplace.  Keep your car clean and dry in the 1 1/2 car garage.  The home sits on a 60x116 ft lot.  Great opportunity at a great price!

11920 Maitland - SOLD!!

11920 Maitland - SOLD!! 11920 Maitland - SOLD!! The paint has barely dried on this beautiful townhome end unit and the driveway has just been installed! Luxurious finishes have been chosen throughout. The kitchen features white kitchen cabinets extended to the ceiling with shining granite counter tops and porcelain flooring. Riich hardwood covers the living room floor and tray ceiling with recessed lighting gives a touch of elegance. The master retreat is spacious with a three piece ensuite and walk-in closet. The basement is finished with a family room with fireplace, third bedroom and third full bath. Enjoy sunbathing on the rear deck off kitchen patio doors. Take your daily walks around Blue Heron trails and hills or continue on to Ganatchio trail. Close to all the amenities. Call Brian Wright to view 519-818-6321 (cell)

Sellers Market!

Sellers Market! Sellers Market!! Current trends in Windsor and Essex County real estate continue to show a Seller's market.  This means if you're selling your home or property you will usually have more people that will be interested in purchasing your home thus bringing a higher market value for your home. Why is it a Seller's market?  The reason is there simply are not enough people selling their homes.  Residential inventory is very low.  At time of writing this article there are less than 1000 residential properties for sale in all of Windsor and Essex county.  This from just a few years ago you could find over 4000 homes for sale in Windsor alone. How do you buy a home in a hot Seller's market?  You must work with a good Realtor to help you find the listings that meet your needs and wants.  They should be able to let you know the same day any listings have come out that would be of interest to you. You should have a true pre-approval for your mortgage (some banks tell you you're…

Advice for Home Buyers

Advice for Home Buyers (From CREA) Advice for Buyers (The comments contained on this page are for informational purposes only and do not constitute legal advice.) Finding the perfect home doesn't happen in one day. It takes careful planning and lots of work. Fortunately, there are a number of things you can do to simplify the process. 1. Things to Consider Before Starting Your Search What Features Do You Need? Do you need an extra bathroom, a garage, a fenced backyard, or lower utility bills? Do you want a fireplace, a short drive to work, or maybe minimal yard work? Once your list is complete, decide what’s most important to you. What’s the Ideal Location? Where you live obviously affects your lifestyle; it’s also one of the most significant influences on the value of your home. Your choice of location may be somewhat limited by the price you can afford. Even so, make sure to consider such things as distance to work, schools, shopping and entertainment. What Kind of Home? What type of property do…