Colin Behan Sales Representative
Experts Questions and Answers
Jul 1
2010
posted by Valerie Martel to Joanne McPhail :
Views (519)
Hmmm...this is more of a question for a realtor than a lawyer I think...I am fairly sure they can access the last transaction so I believe they can tell you what the Vendors purchased the home for. I am not sure if they can go back further than that. If you really want to know, your... [ more ]
Jun 21
2010
posted by Janice to Joanne McPhail :
Views (623)
Sorry, I do not know the answer to this, however, I believe the school boards have a web site which allows you to do a search by address, to determine what school area you are in. Try googling the Simcoe County Catholic School Board to find the site! Good luck! [ more ]
Jun 8
2010
posted by Mike petik to John Parkin :
Views (620)
Mike: A home inspection is a visual examination of the structure and function of the home and major appliances. The time taken depends on the size of the home. We encourage you to attend, and we show you any problems or issues and discuss maintenance items. If you have specific questions, you can... [ more ]
May 15
2010
posted by Mark McPhail to Joanne McPhail :
Views (1005)
Hi Mark! Unfortunately, I think this is more of a question for your accountant. You will want to be very careful about doing anything until you have obtained tax advice, and also have a separation agreement, so that everyone is clear on tax and family law implications. If... [ more ]
May 11
2010
posted by Merv Burgard to Joanne McPhail :
Views (990)
Actually, you are correct, in that Ont. Reg 48/01 does stipulate in section 18(2) that a status certificate cost shall not exceed $100.00, inclusive of all applicable taxes. However, in my experience, most condo corps have been charging $100 plus GST. With the advent of the HST, I can... [ more ]
Mar 27
2010
posted by Rachel Berry to Joanne McPhail :
Views (1346)
Thanks for asking! Our fee for a purchase with one mortgage is $900.00 plus GST. Then there are "disbursements" on top of that - these are out-of-pocket expenses incurred by us in order to complete your purchase (like registration fees, title insurance fees,... [ more ]
Mar 25
2010
posted by Greg Fleming to Cory Kline, AMP :
Views (1563)
Their are 3 main down payment solutions, that can assist you in providing anywhere from a 0%-5% down payment to buy a home. I look forward to reviewing these options with you. [ more ]
Mar 24
2010
posted by Brett Currie to Cory Kline, AMP :
Views (1559)
Hi, If you own an existing home with equity, your best choice could be to refinance your house and pay cash for the land.
It may be also possible to get a bank to lend you 80% of the value on a line of credit being $120,000 on $150,000
Your other option would be a private mortgage of maybe... [ more ]
Mar 17
2010
posted by Pam Locking to Cory Kline, AMP :
Views (1527)
Yes it is possible to use your line of credit for down payment. However depending on the amount of down payment and your income, we will need to review your mortgage approval with you owning both homes. [ more ]
Mar 17
2010
posted by christine to Cory Kline, AMP :
Views (1809)
To borrow from your RRSP Tax Free for a Home Buyer Plan, you must not currently owe any RRSP funds under a previous home buyer plan as of Dec 31st of the previous year. ( Dec 31st, 2009 for a 2010 withdrawal )
That being said, we do have down payment soultions that can be customized to your... [ more ]
Mar 5
2010
posted by Frances to Cory Kline, AMP :
Views (1784)
Frances, I have looked at 5 options for you. It does not appear that you could choose a mortgage term with our current rates, that would end up costing you less then your blended 4.84% mortgage. I looked at options using 3.29% for 3 years, and 3.69% for 5 years. If anyone tells you otherwise, I... [ more ]
Mar 1
2010
posted by Kent Hau to Cory Kline, AMP :
Views (1732)
I have advised and helped other clients in Barrie, who work in the North American film sector, with obtaining a preferred mortgage offer.
I would be happy to get you an approval based on your self employed income. If you could aim for a 20% down payment, we could likely get you an excellent... [ more ]
Feb 16
2010
posted by Jeff to Joanne McPhail :
Views (1644)
Sorry this has taken me so long - I was away on vacation last week! You may have already proceeded, but yes, it is typical to make an offer conditional upon solicitor's approval - I can usually review and comment on an offer within 1 business day but it's nice to have 2 just in case. ... [ more ]
Dec 20
2009
posted by Carolyn to Joanne McPhail :
Views (1813)
Hi! It is a good idea to have your lawyer review your offer. There is usually not an additional cost to this, if you are using the lawyer for the transaction, unless he/she is required to get involved with negotiations or major changes to the Agreement. Usually, this is not the case, as the agent... [ more ]
Nov 26
2009
posted by Terry LeClair to Cory Kline, AMP :
Views (1926)
Reason #1 Your long-term plan and risk tolerance should determine which mortgage product is right for you. This product may or may not have the lowest rate. For instance, there are cases where lenders will offer lower rates for insured mortgages. With insured mortgages, however, you're charged an... [ more ]
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