Pros and cons of financing car, house at same time
Feb 8, 2012 Mortgage Information Leave a comment | Tags: Car, Car House
If this had been a few years ago, I might have advised you to try to gut it out with your cars, just making the minimal investment in them you can get away with to bring them to a basic level of safety, given that you expect to buy a home in the next month or so.
It is time-honored real estate wisdom that buying a car on credit right before you buy a home is one of the easiest ways to shoot yourself in the foot, because the additional debt can impact your debt-to-income ratio, can either or both reduce the dollar amount of mortgage dollars for which you qualify, or increase the interest rate you are charged.
So, generally speaking, the insider real estate advice would be to wait a couple of months, close the deal and then buy your car.
But I can tell you with zero hesitation that even the best-qualified buyers on today’s market who plan to buy as soon as the weather thaws and sellers start that spring listing flood are still seeing it take two, three, even four times as long to close the deal on their homes as they expected it would.
Investors ‘still keen to buy property in Spain’
Feb 3, 2012 Real Estate Advice Leave a comment | Tags: Spain
Despite the current financial problems in the eurozone, Brits are still interested in buying property in Spain. This is the assertion of the Currency Index, a firm specialising in foreign exchange services, which recorded a 32 per cent increase in the volume of euros transferred to Spain by Brits in December 2011, compared with the same month a year earlier. Robin Haynes, managing director of the firm, commented: “Buyers who are worried about any currency devaluing could even consider holding debt (such as a mortgage) as well as assets (such as property) to balance out the perceived risk.” Next week (January 30th) will see leaders from the European Union meet at a summit to discuss further measures to bring greater stability to the euro.
Just the Fax Ma’am
Feb 3, 2012 Real Estate Consultant Leave a comment
I have been doing this a long time.
Back in 1987, as a new Realtor out on Tuesday broker’s tour, I’d do my best to actually look at the houses I was visiting for as-yet-hypothetical buyers. Mostly I looked at the agents who were listing or selling the houses. I tried to divine their secrets. I spied on them as they double parked their cars, air-kissed one another hello, threw their business cards into a pile in the entry hall.
Eventually I learned there were no secrets besides perseverance, chance and the willingness to step high or stoop low, depending on the situation. All u
$565000 – 1405, 33 Charles St E – MLS #C2271851
Jan 24, 2012 Mortgage Information Leave a comment | Tags: 33 Charles, Charles
USMAN RAJA WAHEED, Salesperson
| Remarks For Clients | Case Residenza Condominio. Luxury Building On The Corner Of Yonge/Charles. Beautiful 840 Sq. Ft. Unit With 248 Sq Ft. Balcony With Spectacular South & West Exposure. Steps To Yonge/Bloor Subway Station. Steps To Yorkville Boutiques & Fine Dining. New Buyer Must Assume Tenants Under Current Lease Agreement. Tenants Are Under Contract Until June 31st, 2012 And Paying $2300/Month + Hydro. |
| Directions/Cross Streets | Yonge/Bloor |
| Extras | All Window Coverings, Stainless Steel Fridge, Cooktop Stove, Dishwasher, 1 Parking, 1 Locker. |