10 May

Baby Boomers Mass Exodus!!

General

Posted by: John Vassos

The exodus has begun!

Baby boomers are selling the large homes in the burbs and moving into luxury condos.

 

https://www.linkedin.com/feed/

 

 

12 Apr

2018 Mortgage Renewals

General

Posted by: John Vassos

With the majority of home owners being over an age of 55, and half of the mortgages up for renewal this year it’s a good time to be informed of some of the flexible lending options available. A reverse mortgage can allow you the freedom to continue living the lifestyle you worked hard to achieve. Whether it’s a trip that you have planned for, home renovations or a vacation property there are many options that will allow you to access the equity in your home to fulfill your bucket list. Feel free to contact me to find out more! 

Aerial views of housing in Calgary on June, 22, 2013. A new CIBC report says that 47 per cent of all existing mortgages in Canada must be refinanced this year, substantially more than in prior years. THE CANADIAN PRESS/Jonathan Hayward

20 Feb

What can $500,000 get you in Toronto?

General

Posted by: John Vassos

Bang for the buck in Toronto’s condo market might be a bit of an overstatement, however half a million dollars in Toronto will still allow you to purchase something, which is better than Vancouver. A recently published study explains a current overview of the Canadian landscape.  Keep in mind that condo’s have been on a sharp increase since a vast majority are leaning towards condo living for a number of reasons.

Would anyone be willing to share what they purchased recently?

Direct message if you would not like to share publicly, would love to hear about it!

 

 

What can $500,000 get you in Toronto’s property market? A one-bedroom condo half the size of a badminton court

 

 

6 Feb

The big banks are making it harder to get approved. We can help!

General

Posted by: John Vassos

The big banks are not helping ease the frustrations buyers are having when looking for financial approval on their home purchase. Mortgage brokers have access to many different lending options, some of which include the big banks, as well as others that will help guide you through. We will assure you get the best product and service for YOUR NEEDS, YOUR INVESTMENT and YOUR FUTURE!!

 

 

 

20% more mortgages are being denied by big banks, sending borrowers down the credit ladder