All posts tagged 'property'
Posted on 10. April 2010 10:51 by Kevin Flaherty

JUST LISTED !! Beautiful Completely Refurbished Country Bungalow In Hockley Valley On 4.7 Acres With Nottawawsaga River Winding Through. Only Minutes From Orangeville.  1 KM Of Walking Trails Through Natures Paradise. Large Finished Office Above Garage With Newer Propane Furnace And Bamboo Floors. Great Opportunity For Home Occupation W/Approx 15 Parking Spaces. Over sized Great Room With Cathedral Ceiling And Skylights, 2 Gas Fireplaces, Modern Kitchen With Stainless Appliances 06, Steel Roof 00, Septic03, Hardwood & Much More

View Homes Custom Web Page For Video Narrated Tour at http://flaherty.ca/pp_10.asp

*Bungalow, Adult lifestyle, Retirement, Mono, Orangeville, Property, Real Estate, MLS, Kevin Flaherty, River, Home Occupation, House, Home*


Posted on 23. February 2010 09:13 by Kevin Flaherty

Last night in the snow storm I signed two new listings that I plan to put on the market shortly.

1) Large 2+2 bedroom log house in Hockley Valley.  This is an amazing log home located on a beautifully treed lot.  The home itself was relocated on the lot
to move back from the road and join the original stone barn which has been renovated into the most amazing family room you've ever seen.  This unique log house is sure to be a hit on the market at only $449,900!  If you're interested, call me direct now for an exclusive showing and beat other buyers to this dream home before it hits the market.

2) A beautiful Hockley Valley .73 acre building lot close to village store, driveway installed, treed, aprox 75% fenced wont last long priced at only $149,900.  Call me now direct before its on the market.


Posted on 16. February 2010 13:19 by Kevin Flaherty

The government this morning announced three changes to the manner in which mortgages will be underwritten in Canada. These changes are

1)      All borrowers/home buyers to be qualified on the 5 year fixed rate regardless of which product they are opting for
2)      Maximum loan to value on a refinance is reduced to 90% from 95%
3)      All “speculative” real estate properties (I assume they are referring to rental properties) now require a 20% down payment

In short, these changes should not impact the rea estate market very much. Banks are currently using the 3 year fixed rate (3.59%)  to qualify variable clients so moving that to the 5 year fixed (3.89%)  is not a big deal. Second the refinance revision is of no interest to Realtors or the resale real estate market. Third but certainly not least, 20% down payment now required for “speculative” properties. The truth is cmhc’s premiums on rental properties were extremely unattractive and more times than not an investor would voluntarily put 20% down anyways.

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