Re/Max Realty Specialists Inc.,
Brokerage Independently Owned & Operated
*Sales Representative

Blog by Krisztina Neglia

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New Mortgage Rules- 2018

January 5th, 2018
New Mortgage Rules are now in affect. As of January 1st, 2018, buyers with a down payment of 20 percent or more will also have to qualify at a rate of 2% higher than the mortgage rate they qualified for or the Bank Of Canada's 5 year benchmark rate (currently 4.99%). Whether you are getting, renewing or refinancing a mortgage you must pass this stress test.

The actual mortgage payment will sti ...

Krisztina's Full Home Reno

February 3rd, 2017

Change to the mortgage rules.

October 3rd, 2016

Are you aware of recent changes to the mortgage rules?

Downpayment – Cough Up The Cash

As of February 2016, homebuyers in Canada now face larger down payment requirements for properties over $500,000. Buyers now have to put a minimum downpayment of 10% on the portion of a home over $500,000.00. As an example, let’s take a home listed at $800,000.00. That means the minimum downpayment will r ...

North Oakville

August 22nd, 2016

North Oakville "forward-looking while embracing the town’s past."

Anyone who has driven along Dundas street in the last 4 years has witnessed the rapidly-growing, fantastic new community of North Oakville. This well-planned community is expected to house 50,000 people upon it’s completion, around 2021, and create up to 35,000 jobs.

North Oakville offers a wide variety of newly-built,  2 & 3 ...

Marketing Works

August 2nd, 2016

20 Seller Mistakes (Part 6)

April 7th, 2016

thumb18. Wanting to Get Out What You Put In

You can not create a balance sheet of all your improvements and add it to your selling price – it just won’t happen. An experienced agent can educate you as to what return you can expect from your improvements. You may get additional value from a renovated kitchen or bathroom (depending on the colours/materials you choose) but not from a new roof.   Hav ...

20 Seller Mistakes (Part 5)

April 7th, 2016

thumb15. Ignoring Your Agent on Timing of Your Listing

Real estate is cyclical. As an experienced agent, I know the high and low times in every sub area within my specialty.

Within a month, there can be highs and lows – external factors that play a role could include weather, elections, summer holidays, just to name a few.

My role as your agent is to advise you on these times. I understand that ...

20 Seller Mistakes (PART 6)

April 7th, 2016

20 Seller Mistakes (PART 5)

April 7th, 2016

20 Seller Mistakes (PART 4)

April 7th, 2016

12. Not Allowing Open Houses

From townhomes to properties valued at $2 million, OPEN HOUSES WORK! It is crucial to do open houses and…to take it one step further, have your agent do the open house. As your agent, they represent you and know all of the selling features of your home. I myself, within the last year, have sold 10-12 properties from open houses alone.

Having an open house is one ...

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