BMO First Time Home Buyers

BMO has some useful information for first time home buyers on their web site (http://www.bmo.com/home/personal/banking/mortgages-loans/mortgages/first-time). If you’ve never purchased a home or condo before, you can read about the home buying process, how mortgages work, amortization, mortgage insurance, a mortgage selector, saving for a down payment, closing costs and making an offer on a home.

We have first time home buyers info as well and you can check out the latest mortgage rates, use our mortgage calculator, and Mississauga home prices along with real estate trends in 2010.

Contact me and I’ll send you the latest on Mississauga condo prices.

Sell Your Home Fast

If you’re hoping to Sell Home Fast, there’s no better way to get fast home sales response than with Damir Strk. The right results every time! Contact us for a FREE HOME APPRAISAL.

Canadian Homes Market

A lack of available homes for sale continues to be the biggest threat to the real estate sector this year. New home construction has fallen off and homeowners are reluctant to sell their homes. Why are people reluctant to sell their homes? They’re insecure about the economy and about where they will go should they sell their current home. Trading up or moving has some risk if the economy should faulter. The government does little to reassure Canadians about the future of the economy, and doesn’t seem to clue into the real issues that Canadians are concerned about. These are matters that are close to the heart, and the government is clearly not in that space.

Lack of Inventory driving up Prices – Solution: Build more Homes

According to a report by CREA, the average price of all homes sold through the MLS® Systems of Canadian real estate Boards in January 2010 was $328,537, up 19.6 per cent from one year ago. Obviously, it is a good time to sell your home. Forecasts by government and brokers across the country suggest sales will level off after the HST start date in BC and Ontario. The lack of homes for sale and the HST tax issue is driving up home prices which resulted in the Federal Finance Minister to try other methods to keep prices from rising too fast. Government is causing the problem and isn’t doing what’s necessary to stimulate the economy. Increased taxation and tax on realtor commissions is pathetic.

What should have been done is to reduce taxes and provide incentives to builders to build more homes. More homes is the solution. Canada’s economy is in good shape and we can reduce unemployment and bankruptcy problems by getting people back to work. The government’s lack of confidence in its own policies is making the average homebuyer insecure, and home sellers reluctant. And the construction and real estate industries are a key generator of economic growth. Why does the Federal Minister meddle with trivial mechanisms when the solution is at the broader level of taxation and incentives? The US stimulated its way out of a potential disaster so why is our government sitting on its thumbs?

Are considering whether to sell your home and trade up? Are you retiring and thinking of moving up to cottage country? A lot of retirees are. Why not begin to plan your home sale. There are a lot of things you an do to improve the apparent and real value of your home. Older homes are more difficult to sell however if you undertake to improve your home and yard, you can eliminate many of the factors that cause buyers to avoid resale homes. Why call us now to discuss the market and how you can sell your home for more.

Sell your home with a powerful online real estate promotional service. Sell Mississauga utilizes the best online promotional services to help you sell your home for more. See our Home Selling Tips to discover better ways to improve the potential homes sales results. We serve home sellers and buyers in Mississauga, Port Credit, Streetsville, Cooksville, Halton Hills, Milton, Clarkson, Bronte Village, Churchill Meadows, Meadowvale, and Brampton. Call us todayl

Google Real Estate

Is Google venturing into Real Estate?

Google are like the Borg in Star Trek. They will assimilate everything.

The mighty search engine company Google has delayed its entry into a number of markets that it could easily dominate. Real estate is one of them. Yet, slowly but surely, Google Real Estate is making its presence felt. Thousands of Remax Real Estate, Century21, Royal LePage, Sutton, Keller Williams, and Coldwell Banker real estate agents have integrated Google maps into their websites and listed themselves with Google local maps. The Googlemaps for Real estate widgets are plug in features that allow people to see a streetview of the listed property and home price and other details. These are excellent features national brokers lack the technology to accomplish for members. More of the promotional and presentation services agents need are being provided via a variety of technical service providers and they are relying on Google programming API’s.

Real estate brokers are under seige from not only Google but from the competitiveness of the Web itself. Studies show homebuyers and sellers are going to the Internet to find homes instead of a local real estate office. From Kijiji to For sale by owner sites to tens of thousand of agents sites, to Google real estate listings, the web is now the focal point in real estate. If it doesn’t directly generate a real estate purchase, it influences them.

Google Maps Real Estate

Google Real Estate Listings

Google doesn’t promote or even make it easy for home hunters to find their online tools or use them. Their real estate listing services is still in its infancy and most homebuyers don’t know it exists. However, if you click to the Mississauga Map you’ll find selection of Mississauga homes listed by home sellers and agents. The listings are submitted through a Googlebase account. Basically the property owner or agent lists the information themselves within their Google account.

Google Streetview

The Google Streetview feature on maps allows viewers to see homes from different angles on the street right outside the home. See this example for a Brampton Home for Sale. Then the visitor can follow the arrows to see what the neighborhood looks like such as whether a school, park, or other desirable elements are close by. Properties in bad neighborhoods however, may not show so well. Google maps offers other views as well such as satellite, streetmap, and terrain to give homebuyers a good look at the city and neighborhood before committing to arrange a home viewing.

Brampton Home Listing

Are you considering selling your home and trading up to a better home? Why not let an experienced real estate agent help you sell your home professionally, and find the dream home you’re looking for? You’ll save a lot of time and get better results. And, if you need to find a better mortgage at a better rate, our mortgage specialist is ready to help you get the best mortgage rates in Mississauga.

First Time Homebuyers

Buying your first home is an exciting goal and having a little help in doing it can make it more fun and lower your stress levels. From discovering first time homebuyers programs, creating a down payment, finding the right home, appraising its true value, negotiating a price, and applying for a mortgage, it’s a process a professional real estate agent can help you with.

Now Really is the Right Time To Buy a Home

With mortgage rates still at very low levels and housing prices expected to rise along with the HST coming into effect next July, it is the best time to buy right now. Your home will become your major source of personal equity and be a sound financial investment. You won’t be watching rental payments leave your bank account with no long term value for your expense. And, your new home may be in a better neighbourhood giving you a better quality of living.

If you try to hurry the home buying process, you could make a mistake that costs you thousands and you may miss out on opportunities you were unaware of. It really does make sense to hire a real estate professional.

For first time homebuyers, the timing is right too. You have the ability to use your rrsp, enjoy tax advantages, and apply for regional first time homebuyers programs. The Ontario government has 5% downpayment programs that can make a homebuyer’s dream come true.

Tips for Homebuying

• Ensure you can afford to buy a home
• determine the amount of mortgage you will need
• hire a professional Mississauga real estate specialist for guidance and help
• never pay more than fair market value for a home
• have the home inspected by a reputable home inspector (check references)
• Find out why the home is for sale
• fully view and inspect the home yourself (everything)
• have a realtor check all the financial details
• be objective and don’t buy for emotional reasons
• use a real estate checklist to cover all your needs, issues and any potential problems
• use a real estate lawyer to review all documentation related to the purchase
• have an experienced realtor negotiate the price

Certainly, home buyers education is wise, however real estate search, assessment and purchase negotiation is better left to a professional realtor. An experienced Mississauga real estate agent can educate you much more quickly and help you find your dream home.

A call to Damir is never a bad idea. Damir can help you develop a clear focus regarding your purchase intentions and create a strategy with priorities. This keeps you on track to buy what you really want. It’s easy to get confused. We’ll help you find a good selection of Mississauga homes or Mississauga condos and narrow down the right fit for you.

Mississauga Area homes:

Contact us for information on: Mississauga homes, Mississauga Condos, Oakville Homes, Milton Homes, Halton Hills Homes, Erin Mills Homes, Port Credit Homes, Streetsville Homes, Cooksville Homes, Clarkston Homes, and Churchill Meadows Homes.

Your Dream Come True!

New Listing: Home for Sale in Mississauga

Take a good at this gem of listing at 3219 Scotch Pine Gate which near Derry Road and the Tenth Line. One Of A Kind And Rarely Offered Bungalow. Warm, cozy hardwood floors throughout with Beautiful Windows With California Shutters On Every Wall. High Ceilings with natural colours.

See more Mississauga Real Estate listing at SellMississauga.com.