All posts tagged 'for sale'
Posted on 21. May 2010 19:03 by Kevin Flaherty

Just took a great new listing in Orangeville that is loaded with features and shows amazingly well.  

I just Took A Great New Listing.  Its A Stunning Ascot Model 2065 Sq.Ft in Orangeville With Cathedral Ceilings, Hardwood Floors, Huge Family Room With Gas Fireplace And Walk Out To New Patio 2009. Finished Bsmt, Master Bedroom Has Vaulted Ceilings - 5 Pc Ensuite & Walk In Closet, Garage Access, Central Air, Central Vacumm, New Furnace 2010, Fresh Paint 2009, And Much More.

Extras: Includes: Appliances New 2008, Washer/ Dryer/Fridge/Stove/Dishwasher

See Tour at http://flaherty.ca/pp_12.asp

 
 


Posted on 22. January 2010 07:53 by Kevin Flaherty

Another NEW listing in Caledon is being prepared for sale. NOT YET ON THE MARKET. This one is a 3BR bungalow located on a paved road near Caledon village.  Loaded with features and new updates including a finished basement, once this listing hits MLS priced at only 489,900, it will be gone fast.  Call me for an exclusive real estate showing prior to this one going on the market.

Kevin Flaherty"
Realtor
http://Flaherty.ca
Direct: 1-877-352-4378


Posted on 9. December 2009 16:06 by Kevin Flaherty

The Bank of Canada released their monetary update yesterday and as expected there is no change in the overnight lending rate and thus your variable mortgage rate remains unchanged. The Bank of Canada reiterated its conditional promise not to increase rates until the end of the 2nd quarter (end of July). Regardless of this promise, the Bank of Canada has no economic reasons to move rates anytime soon. The only time the bank will begin moving rates is when inflation becomes a concern. That being said a strong Canadian dollar helps dampen this effect, a good thing for variable mortgage holders. In closing, I suggest everyone with a variable rate mortgage maintain the status quo.   No need entertain locking into a fixed term until the Bank of Canada gives us some indication of escalating rates.

As for fist time home buyers, it would be wise to get your pre-approvals completed in January 2010.  Banks will lock in a rate for you with your pre-approval for a given period of time.  If rates go up and you have not purchased, you will still get the all time low rate we have all been enjoying.  Just be sure to purchase before your pre-approval expires.

Kevin Flaherty
iPro Realty Ltd. Brokerage
Direct: 1-877-352-4378
Web: http://Flaherty.ca
e-mail: Kevin@Flaherty.ca


Posted on 13. November 2009 11:15 by Kevin Flaherty

Frequently Asked Questions (FAQ) about Homes and Real Estate 

  1. Why should I buy a home and invest in real estate? 

    Because in a stable political and economic country, real estate is always the best investment in one’s life in the long run, in addition to the comfort of living in your own house.  Further, owners will often fix up their own house on their own time enjoying the process and increasing its value.

  2. Why should I buy properties as investments ?

    Again, it is like owning blue chips stocks, in the long run, investment and commercial properties give a secure good return.

  3. Should I not use the money to buy stock rather than properties ? I get my money back much quicker ?

    This is why real estate is usually a long-term investment. Quicker return also means higher risk.

  4. Do I pay capital gain tax on the house (property) I live in if I make a profit when selling ?

    In the United States, you do.
    In Canada, you do NOT.

  5. Does it mean that I am better off in Canada when it comes to selling my house ?

    Not necessarily. In the United States you can deduct the mortgage interest from your income tax in Canada you CANNOT deduct the mortgage interest.

  6. I am a first time home buyer. Is there any program that might benefit me ?

    Yes. Depends on whether you live in the United States, or in Canada. And also it depends on which state or province you are in, there are government incentives to help first time home buyers. Check with your Realtor.  Click here to ask http://www.flaherty.ca/gold_askexpert.asp

  7. What is a good area (neighbourhood) to move to ?

    Well to start, a good area usually costs more. Your Realtor will be able to indicate good areas from bad ones.  Also ask your Realtor to point out future government zoning changes nearby that might give a neighborhood great appreciation in the near future, i.e.. Government newly-approved mall nearby, or new freeway (highway) planned.

  8. What are other ways to know if a neighbourhood is good or bad ?

    Ask your insurance agent, drive the neighbourhood, speak with some residence or go to a local police station and find out.  Ask them the crime rate statistics to compare with other neighbourhoods.

  9. Education is important to me as a parent. How do I know if the school in the area is good ?

    Look under school boards and other similar organizations from the internet or library. See how that school and teachers were ranked. See if any awards were won in the past.  Ask you Realtor about the school reputations in the area.

10. Should I pay down my mortgage when I have extra money?

  1. If you live in the United States, it might not be a good idea, because mortgage interest is deductible from annual income. That means you pay less income tax for the year and you could earn more by investing your money elsewhere.
  2. If you live in Canada, mortgage interest is NOT tax deductible So, you should use the extra money to pay down your mortgage principle.

11. Between stocks and properties, which one has higher risk ?    

The value of stock can go down to zero. Residential properties especially your own home will appreciate. In a slow market it may take longer to achieve any kind of appreciation. The amount of loss or appreciation will depend on when you purchased the property and if you paid fair market value or not. This is where the expertise of a professional Realtor would come in handy to provide you with expert advice.

12. How can I be sure to get top dollar for my house when I sell it ?
                 
                    i. Interview at least three Realtors and be sure to ask these questions.  Click here http://www.flaherty.ca/agent_questions.asp

                    ii. Be sure to get the best on-line representation of your house.  Read the blog here titled Welcome / The real estate secret.
                        Here is a sample of my tours that are linked directly into the MLS listing. http://flahertytours.ca/72baybrook.htm

13.   What areas do you service ?

I service Peel Region, Dufferin, Wellington and some surrounding areas.  These area include Brampton, Caledon, Orangeville, Shelburne, Alliston, Dundalk, Alliston, Erin, Mississauga and Georgetown.

14.   Will the HST apply to resale homes

                    i.  No, not resale homes in Ontario, but it will apply to services such as lawyers fees, real estate fees, home inspectors etc.

                   ii.  Yes, it will apply on the cost of a new house.  ( A really good reason to make your real estate investment a resale )

15.    How often is Realtor.ca updated ?

 Realtor.ca or mls.ca ( same thing ) is a national database of mls listings.  It is not the actual mls data base.  Hundreds of real estate boards across Canada upload data to Realtor.ca    The uploads are generally done every 24hrs, but depending on weekends and holidays it can be up to 72 hours out of date.   In order to learn about the newest hottest listings matching your specific criteria in Orangeville, Caledon, Brampton Shelburne join my VIP buyer program.  All new mls listings matching your specific criteria will be emailed to you long before they are even uploaded to Realtor.ca .  Click here to join http://www.flaherty.ca/vip_buyer.asp 

 

Kevin Flaherty
Web: http://Flaherty.ca
E-mail: Kevin@Flaherty.ca
Direct:  1-877-352-4378 


Posted on 30. October 2009 13:36 by Kevin Flaherty

Welcome to my real estate blog.  My name is Kevin Flaherty.  I have been a licensed Realtor since 1988 serving the Peel, Dufferin, and Wellington areas of Ontario.  The purpose of this blog will be to provide quality information that will assist buyers and sellers with the purchase or sale of a home.  Some of you may already be familiar with my services.  If you are not familiar, I will provide you with some introductory information that should immediately separate my services from that of other Realtors. 

In today's real estate market, over 90% of buyers in Canada will find their next home on-line at www.Realtor.ca or www.mls.ca which are the same thing. At this location on the web, the buyer in Canada can search all MLS listings.  For those of you in the US, I recently read that the National Association of Realtors (NAR) produced a statistic indicating that over 96% of buyers will start their search on the Internet.  What the buyers do next is part of what I call the real estate secret.  A secret because many Realtors are hoping that sellers don't know what I am about to tell you.  Buyers shortlist which homes they are interested in right on-line.  That means that the Internet representation of your property is absolutely critical!  Not, important or nice, but CRITICAL!  If you are a buyer, think about what you do and chances are you will see my point.  My services offer a custom web page of the sellers house which includes the following.

1) A professional video narrated tour of the entire listing
2) Professional floor plans
3) Professional photography
4) Satellite images of the subject property and surrounding area
5) All the listing details, maps, and much more

I have yet to encounter an on-line representation that in my opinion is better than the one I offer.  I know the world is a big place, so if you have seen one better, or if you are a Realtor who feels yours is equal or better, please feel free to provide us with a sample of your tour.  If the rest of the world is anything like the Realtors in Ontario, I strongly suspect I wont have any challengers.  Below are some samples of on-line representations for homes I sold this month.

1) http://flahertytours.ca/72baybrook.htm

2) http://www.flahertytours.ca/18Dewridge.htm

3) http://flahertytours.ca/19767Main.htm

Now you may be asking yourself why other Realtors don't want sellers to know this.  Quite simply, tours like the ones above a very time consuming and expensive to produce.  Further, many Realtors may simply not have the skills required to produce such on-line representation.  I should also indicate that my fees are not higher than that of other Realtors in my area.

As for results, #1 above sold for 101% of the asking price in just 8 days.  #2 also sold for more than the asking price in less than a week.  #3 was on the market for 14 months with another Realtor just prior to me taking the listing...YES, 14 months!  I again sold the property in less than a week for 99% of the asking price.  These results are not years ago, not months ago, but this month.  Many Realtors have stories upon stories of what they may have done in the past, but you need to know what they are doing on a regular basis.  In-fact, most sellers simply don't know what to ask Realtors.  Available FREE on my web site is a list of questions agents hate at http://www.flaherty.ca/agent_questions.asp  This list of questions will help sellers know they are selecting a Realtor that offers quality services in many areas of importance, not just the quality of on-line representation.

Future blogs will touch on the importance of Realtors communication technologies, prospect generation, database management of contacts, insured transactions and much more.  Until next time.

Kevin Flaherty
Direct:   1-877-352-4378  
e-Mail: Kevin@Flaherty.ca
Web: http://Flaherty.ca