Power of Sale - Brampton (SOLD April 08/09)

GRRRRREAT Power of Sale opportunity....

Bedrooms: 3
Bathrooms: 3
Kitchen: 1
Air Cond: Yes
Fireplace: Yes
- Gorgeous DETACHED home in great area
- Close to schools, shopping plazas, major highways

Call Raj for a personal viewing...

Update: April 08/09
- 16 offers registered on this house
- Property sold for $16,000 above list price...

Realty Corner - Surge in U.S. Housing

In U.S., new homes and apartments construction rose by 22.2% in February

Absolutely great news...Cheers all around

Read the full articles @
The Toronto Star
The Globe and Mail

Toronto - Vibrant as ever

I went downtown Toronto last night...and again this morning

Toronto offers a unique blend of amazing restaurants/sightseeing destinations/shopping/bars/lounges/the "coastline" along Lake Ontario.

The construction boom has given downtown Toronto an amazing selection of beautiful condominium buildings, each with a unique architecture.

This morning, I showed suites in the "Montage" (25 Telegram Mews) and 231 Royal York Blvd. Both are exceptionally well maintained condominium buildings with great suite layouts and panoramic views of Toronto and Lake Ontario...Offer is on the way.

I say Get Out...to Toronto downtown and enjoy all that Toronto has to offer.

Realty Corner - Buyers

GREAT start to the weekend...

Three presentations in 2 days...all successful...so far
- Client A needs to lease a Condo downtown Toronto...showings tomorrow
- Client B and C need homes in Brampton...showings through next week

The fantastic selection of affordable homes combined with low, low mortgage rates is very attractive to prospective Buyers

Time to get the DREAM home..now

Mortgage Corner - Rate Cuts

Major banks have announced lowered rates on various mortgage products. It is a great time to:

• Get Pre-approved if looking for a new home
• Get Approved if you just found your dream home
• Renew if your mortgage is up for renewal
  
• Lock in if you want to convert to a fixed rate mortgage
• Finance your investment property
  

For all your real estate needs and queries, please contact Raj Bajwa

For all your mortgage needs and queries, please consult your mortgage specialist or contact:
Wilson D'Souza
Mortgage Specialist, BMO
905.670.2413 | wilson.dsouza@bmo.com

Promo - Family/Friends

Great day today
Like most of other marketers, I sometimes forget that family and friends can be a great source of business leads.

Family/Friends always seem to know someone how wants to buy or sell a house or a business...and they are always willing to put in a good word for you. This certainly beats all other types of marketing efforts.

Now where did I put the phone book with everyone's phone numbers...

Market Watch - March 2009

Buyers rejoice...Sellers join the party

GTA Average Home Prices Down...GTA Median Home Prices Down...Mortgage Interests At Historical Low..

In keeping with rest of the country, Greater Toronto Area (GTA) real estate sales are also down compared to 2008. Even with the downturn, there is some good news for Buyers...and possibly Sellers. Here are some key points to note:

1. Average Home Price in GTA
Feb 2008: $382, 048
Feb2009: $361, 305
- Change of almost $21, 000 in one year resulting in GTA homes becoming much more affordable with lower prices than 2008

2. Median Home Price in GTA
Feb 2008: $324, 000
Feb 2009: $312, 900
- Change of over $11, 000 in one year resulting in more houses being available in lower price range than 2008

3. Mortgage Rates
Spring 2008: 5 year fixed @ 5.80% (approx)
Feb 2009: 5 year fixed @ 4.00% (approx)
- Change of almost 1.80% in one year results in lower monthly payments increasing home affordability. e.g. $250, 000 mortgage:
@ 5.80% would have monthly payment of approx $1570
@ 4.00% would have monthly payment of approx $1315
@ 4.00% would have monthly payment of approx $1102 with 35 year amortization
- That represents savings of approx $255 to $470 per month

Sellers can also take advantage of market conditions if upgrading their home. Sellers' current home might not fetch the 2008 prices but their next home will also be that much more affordable to buy and finance. For the same reasons, Sellers' current home has also become that much more affordable for the potential Buyer.

Great selection of affordable homes, record low mortgage rates, optional longer amortization periods, and various programs (Genworth, CHMC) can make YOUR dream home come true...sooner.

Source: Toronto Real Estate Board, Market Focus Feb 09

Mortgage Corner - Wilson D'Souza

Wilson D'Souza
Mortgage Specialist, BMO
905.670.2413 | wilson.dsouza@bmo.com

- I met Wilson today at Century21 Green Realty office. Wilson has teamed up with Genworth Financial Canada to provide a wealth of financing programs and options to home buyers. Some of the services offered are:

• Pre-approval
  
• Mortgages
• Re-financing
• Educating on government programs for First Time Home Buyers
• "New To Canada" product for First Time Home Buyers who have been in Canada for less than 3 years
• Home Buyer Privileges Program with Genworth
• Home Owners Assistance Program with Genworth
  

Please contact Wilson for more details and qualification criteria for above listed programs and many other programs available to YOU..The Home Buyer.

- I look forward to working with Wilson in helping my clients finance and protect their dream home.

Seminar - Real Estate Fraud

Speaker: Peter Themos from Genworth Financial Canada
Location: Century 21 Green Realty office in Mississauga

Peter has been in the financial industry for over 10 years. Peter's vast experience and knowledge helped make the seminar informative and interactive while supported with real life fraud examples.

Seminar Highlights:
1. Cost of Canadian Mortgage Fraud

• 1999 - $73 Million
• 2000 - $75 Million
• 2001 - $300 Million
• 2008 - $1.5 Billion

2. Common types of frauds

• Straw borrowers
• Flipping the property
• Oklahoma scheme
• Churning
• Covenant take over
• Equity skimming
  

3. Consequences

• Personal property seized
• Legal bills and fines
• Jail time
• Lose professional license
• Loss of REPUTATION
  

We, as real estate salesperson and brokers, must be forever vigilant in detecting and reporting any suspicious activity during a transaction to help prevent fraud.

GREAT seminar Peter...I hope Peter returns with more educational seminars related to real estate industry.

Promo - Video

Promo - Flyers

Marketing flyers are all ready to go...as soon a it warms up a bit
...The design should bring a few chuckles...and hopefully many clients

Power of Sale - Brampton

Busy Busy Busy day today...
Synergy advert (Page 14) came out over the weekend...
11 calls for a Power of Sale listings in Brampton which Sold Conditional 2 days ago...
Whoever said houses aren't selling!!!

Cold busy day

-26 degree today with windchill...and I have two showings in the evening