All posts by qkevinflaherty
Posted on 17. February 2010 10:20 by Kevin Flaherty

I have just listed a Condo Townhouse in Brampton for only $169,900.   With inventory low, this one is going to go fast. Here's your opportunity.  Call me direct right now to arrange a showing to beat other buyers to this HOT NEW LISTING.  FOR MORE INFO: TEXT:431835 TO: 555000


Posted on 16. February 2010 13:32 by Kevin Flaherty

As anticipated, my new listing at 779 Frobisher Blvd. sold over the long weekend.  The deal is still conditional however if you would like to be one of the first to know if it does not firm up, leave me your contact information.  If it becomes available again, it wont last 48 hrs and you may never know about it otherwise.
More details to follow when its firm.

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


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


Posted on 13. February 2010 12:28 by Kevin Flaherty

JUST LISTED!  HOTTEST Real Estate MLS listing in Milton.  4+1 Bedroom, 2 Storey, Finshed Bsmt, 3 Baths, Inground Pool, Close to GO station, $369,900.  It will be sold this weekend.  Call now if interested.  Visit: http://flaherty.ca/silver_listings.asp?ID=431834

Kevin Flaherty
Direct: 1-877-352-4378


Posted on 6. February 2010 01:56 by Kevin Flaherty

1) 13 Island Lake Rd, Orangeville Ontario. (2 Storey in Island Lake Estates with view and salt water pool) Video tour at http://flaherty.ca/pp_03.asp

2) 18126 Kennedy Rd, Caledon Ontario. (Bungalow on 1 acre near Caledon village) Video tour at http://flaherty.ca/pp_04.asp

Call me direct to arrange a showing.

Kevin Flaherty
Direct: 1-877-352-4378


Posted on 24. January 2010 17:33 by Kevin Flaherty

Just signed another new MLS real estate listing in Orangeville.  This one will be launched at the end of February 2010.  This one is amazing and must be seen. 
It has so many great features, the video narrated tour may be one of the best I have ever done.  Work on its real estate marketing starts Monday. 


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 21. January 2010 13:52 by Kevin Flaherty

 kevinmflaherty Just signed NEW listing in Caledon. NOT YET ON THE MARKET. Located in Tanglewood Estates. 4ac, Quiet Crt, bush & stream, 4 car garage. Once this listing hits MLS it will be gone fast.  Call me for an exclusive reale estate showing prior to this one going on the market.

  

 

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


Posted on 17. January 2010 04:11 by Kevin Flaherty

During the winter months I am often asked by clients, when is the best time to sell.  When they ask the question, they are expecting to hear what is commonly believed to be the spring.  There are two reasons people commonly believe this.  The first relates to children in school and the anticipation of a closing date in the summer months.  While this reason still remains true, our mass population ( the baby boomer's ) no long have that concern.

The second reason is that the buyers cannot see outdoor features such as pools, gardens and land due to snowfall.  While this may be a consideration with large country properties, it is a common myth and often one that sellers can use to their advantage. Because of this myth, real estate inventory drops drastically in the winter months.  The reality of real estate marketing today is that buyers will shortlist your home based largely on the quality of its on-line representation. ( see my blog "The Real Estate Secret" ).  This on-line representation can use many different sources of information to help represent the property such as, pictures taken outside the property in other seasons by the seller, satellite images,  commercial ground level imaging or even pictures taken in anticipation of a winter listing. Even pictures that a seller may think cannot be used, can be modified to remove unwanted items or even people from the photo.  With the use of all resources and a little technology, a good on-line representation a listing is most often possible.

When you consider the power of supply and demand, listing in the winter months with a strong on-line representation can be very beneficial for a seller.  Not only is there less supply, but people in cold climates will spend more of their time indoors on the computer being exposed to real estate listings.

Lets put this to the test together.  I just listed a condo townhouse less than 24 hrs ago.  This is a good sample since the comparable sold properties make it easy to see what the same houses have been selling for.  Based on recent solds (less than 4 months ago), one would think that the market value was approximately 280,000.  The seller wanted to wait until the spring in order the sell the property.  At the present time, there are NO other similar listings in the same area on the market.  The seller accepted my counsel and listed now at $279,900.  In my opinion, under such conditions, it is not a matter of wondering if we will sell or even if we will get 100% of asking, but rather how much more than the comparables solds will we get.  I anticipate the seller will get well above the asking price.  Now you may be wondering why I didn't counsel the seller to list above the comparables.  Pricing strategies is a topic for another discussion, however, suffice to say, getting top market value is not about listing above the market.  I will update this blog (http://blog.flaherty.ca) with the selling price.  The listing can be viewed at http://Flaherty.ca/gold_custom2.asp What do you think the seller will get?

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


Posted on 4. January 2010 16:57 by Kevin Flaherty

Fixed mortgage rates going up this week big time.  If you are looking at getting a new mortgage for any reason, I suggest you drop what your doing and get pre-approved now!

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