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Thursday, July 28, 2011

4 bedroom Freehold house for only $249,900

Great Pickeirng location, you don't need a car. Walk to mall, bus or Go. Located close 401 exit. Features a finished basement apartment. Large kitchen. 2 1/2 bathrooms. Won't last call today.

Tuesday, June 28, 2011

4 bedrooms for only $254,900

Minutes to 401, 5 minutes to Scarborough. Walk to shopping malls, recreation centres and public transit. Finished basement with spare bedroom, kitchen and bathroom. No condo fees, carries for less than rent.

Tuesday, June 21, 2011

Large 4 bedroom home in Courtice for only $305,000

Better price than the builders. Features a walkout basement and a great family nieghbourhood.

Beautiful 2 bedroom condo in Downtown Toronto for only $385,000

Beautifully kept suite on Carr Street, near Bathurst and Queen.   This home features a load of upgrades, 2 large bedrooms, 2 full bathrooms, parking and a huge oversized terrance. Run this one won't last.



Friday, June 10, 2011

Beautiful Whitby home for only $289,900

Upgrades galore! Renovated kithchen, pattern cement walkway, deck, finished basement. Features included main floor laundry room and a full bathroom in the master bedroom. 3 bedroom home in Whitby, Durham Region Ontario. Great price for this home.

Tuesday, May 31, 2011

Only $329,900 must sell quickly before it goes power of sale

Large 4 bedroom home located on Forest Grove Drive in Whitby. Features a finished basement and a wonderful backyard with no nieghbours on the back. One of the best prices in the area. This home must sell quickly, please call if there is any interest.

Friday, May 27, 2011

Rent To Own - What should you Do?

Many people are always asking me about Rent to own, both from the side of the investor and from the side of the renter or future house owner.


As an investor there is lots of money to be made, the returns are incredible. It is a way to make really good money and at the same time avoid some of the tenant laws. The law is still a bit unclear whether the people living in the house are considered tenants.

As a renter, is seems like a quick way to get to the house that you would like, when you think you don’t qualify for the financing or if you don’t have all of the down payment. Sometimes it is just a matter of finding the right realtor or mortgage broker. If you are thinking of becoming a renter in a rent to own situation, there are a few points to keep in mind:

- I caution people that you have to do your research on the person or company that you are renting or purchasing from. You want to make sure that they will be able to hold on to the house while you build equity. If they end up losing the house are you considered only a tenant.

- You have to make sure that you will be able to repair your credit, obtain the downpayment or have employment to qualify for the mortgage in the time frame agreed to. Or you will lose the money that you have built up or given.

- You have to calculate the cost of getting into a rent to own versus just waiting a bit longer to see if you will qualify under normal conditions.

- You need to be sure that this is the house that you would like to purchase in a couple of years.

- You need to make sure that the house will be worth more when you take over it. What will happen if it is worth less, will the bank give you a mortgage?

These are just some things to consider, when looking into getting a rent to own property.

If you are thinking of purchasing properties are investments for rent to own, or if you think this might be the only way to get your own home, call us Today at 416-225-2290, we will guide you to make the right decision for you and your family.