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 ...

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 ...

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 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 ...

Coach House ALERT for Oakville

March 18th, 2016

thumbAs an area specialist, I have sold 1000’s of home in the Oak Park area. The coach house is a unique property within this area and the bylaws have changed.

There are 2 types of coach houses.  Corner units have what is called “retreat” coach houses.  The “retreat” coach house is a legally rentable unit that is a separate dwelling from the main house.  Equipped with a kitchenette, you have sani ...

Top 20 Sellers Mistakes – Part 3

March 15th, 2016

9. Choosing NOT to stage your property


People do not just buy houses, they buy a lifestyle. For them it has to feel right, they should fall in love and connect with the house, which is the goal of home staging. Sellers need to tap into the buyer’s emotions to help motivate them to buy. This is the opposite of what a vacant property does. A vacant house feels dull and lifeless and you lose ...

Top 20 Seller Mistakes - PART 2

March 4th, 2016

5. Prepping Your Home Without an Agent

Potential buyers get an impression of your home, either positive or negative, within 30 seconds of walking through the door. Preparing your property for sale is a must but often times sellers spend money they will not get back. Choosing upgrades YOU like may not be appropriate for potential buyers. Sellers may, for example, have poor paint colour choice ...

Top 20 Seller Mistakes – Home Selling Mistakes and How to Avoid them - PART 1

March 1st, 2016

When selling your home, to get the most out of your investment, it pays to do everything right. Surprisingly, sellers make costly mistakes each sale. I’ve put together a list of the most common, and avoidable seller mistakes.  Learning to identify and eliminate all of these will help you achieve your desired outcome – the sale of your home for the best price in the least amount of time.

1. N ...

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