david hudson: Are you financially ready for a mortgage?
- 07/13/09 01:50 PM
Buying a home is one of the biggest financial decisions you will make, so it is important to know your current financial situation to be sure that you buy a home that you can afford.
Get Your Mortgage Pre-Approved Getting your mortgage pre-approved will let you know what kind of house you can afford. It will make the search for your home easier and less time-consuming. To get your mortgage pre-approved, you will need:
Your personal information, including identification such as your driver's license Details on your job and proof of your salary Information about your bank accounts, financial … (0 comments)
david hudson: Making Sense of Recent Financial Events
- 07/13/09 01:41 PM
Great article that was published today from TD Economics, Enjoy! There has been widespread talk of "green shoots" and considerable swings in financial markets with rallying equities, a strengthening Canadian dollar and significantly higher bond yields. To make sense of this, we talked to Craig Alexander, Vice President of TD Economics who gave us the scoop. So Craig, what are these green shoots we keep hearing about? "The term green shoots refers to the recent signs that suggest an economic recovery is on the horizon," says Craig. "To be clear, the economic data are still negative, as they continue to show … (0 comments)
david hudson: No time like today for squeezing competitors
- 07/13/09 01:38 PM
Today's economic stress is pushing companies and business to the wall. Some sectors have seen drops of nearly 50 per cent! If your competition is still in business, they may be laying low or licking there wounds. If you are a ‘nice guy' then it may be business as usual and treat the summer months as you have for the last few boom years. But if you want to gain a competitive advantage and use this slump to position yourself at the top, nice guys finish last... Now is the time to turn up the heat, consider some of the following … (2 comments)
david hudson: First-Time Home Buyers' (FTHB) Tax Credit and the Home Buyers' Plan (HBP)
- 07/13/09 01:35 PM
Buying your first home is one of the largest investments of your life. Canada's Economic Action Plan introduces the First-Time Home Buyers'(FTHB) Tax Credit and the expansion of the Home Buyers' Plan (HBP) to provide you with additional benefits and help you realize your dream of homeownership. First-Time Home Buyers' (FTHB) Tax Credit The costs associated with purchasing a home, such as legal fees, disbursements and land transfer taxes, can be a particular burden for first-time homebuyers who must pay these costs, as well as save money for a down payment. To assist first-time homebuyers with the costs associated with the … (0 comments)
david hudson: Bank of Canada’s half-point cut becomes a quarter-point cut for borrowers
- 10/09/08 04:53 PM
Canada’s central bank moved Wednesday to cut short-term interest rates by half a percentage point, but Canadian banks are cutting rates only half that much. Royal Bank of Canada, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce and TD Canada Trust said they will trim their prime lending rates by 25 basis points — meaning a quarter of a percentage point — effective Thursday. The prime lending rate is what banks charge credit-worthy business customers on short-term loans. Other interest rates, including certain mortgage rates, may be linked to the prime rate but set several points higher. … (0 comments)
david hudson: Home Selling Strategies; Price or Traffic I
- 06/27/08 02:53 PM
Let's talk about Home Selling Strategies. From what I've been reading lately I guess there are two schools of thought on these, one that is based on "Price" and the other that is based on "Traffic" The 'Price' strategy more is more traditional and more likely to appear dominant in a Balanced or Sellers market, some of the characteristics are -Pricing the house in the lower part of the determined market range, this draws qualified interested parties to the table, in general most homes have a value range 10% variation www.zillow.com http://activerain.com/blogsview/535342/Negotiating-for-a-House -Pay regular commissions to agents; in our region this is … (0 comments)
Buying a home is one of the biggest financial decisions you will make, so it is important to know your current financial situation to be sure that you buy a home that you can afford.
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