Tag Archives: #winnipegrealtor

Four Bedroom at 104 Winslow Drive , Winnipeg

front yard 8

Pride of ownership here!! Meticulously and lovingly maintained. Peaceful and quiet location. (Vendor states – excellent neighbors) Treed lot with lots of serene privacy.

104 Winslow Bay 001 104 Winslow Bay 005

Great family hm with L.R, Family room AND a rec room. Peaceful walking path right beside home. Lots of storage. Average Heat/hydro bills are approx. $180/month. Beautiful front porch. backyard is breathtaking. Very private. Excellent family home. Close to all amenities – pretty much every kind of shopping, transportation, parks, schools. Don’t miss this lovely home!

104 Winslow Bay 063 104 Winslow Bay 064 104 Winslow Bay 067 104 Winslow Bay 072 back yard 7 back yard 11

We have More then 40 plus pictures  of this home. Follow the link for more information on this Home at  104 Winslow Drive  by clicking on the address.

back yard 17

Do not miss this great location , close to schools, shopping, great for rising a family

back yard 15

Get to know a little real estate language

 

(NC) There are many terms you’ll hear real estate professionals use during your home buying process. While there are too many to list, these are a few you’ll surely hear at least once:

 

Amortization: The number of years it takes to repay the entire amount of a mortgage.

 

Buyer Agency Agreement: Establishes a formal and exclusive relationship between the potential buyer and the broker and its representatives.

 

Closing Date: The date on which the title and keys to the property are transferred from the seller to the buyer, and the money is paid.

 

More information is available at www.wedothehomework.ca.

 

Source: www.newscanada.com

Mortgage Rates for July 28, 2015 — By Peter Paley

                                            

Peter Paley - Your Home and Mortgage Peter Paley

Come visit Realtor Rosalie Drysdale Website each week for my weekly Mortgage Rates.

Whether you are looking to purchase, refinance, or renew, we can help you decide whether a fixed or variable-rate mortgage will work best for your situation. Call today!

At Invis, we are always aware of the current environment and resulting implications, so at any time we can recommend a mortgage that gives you an edge and meets your current needs and future goals.

We regularly receive short-term rate promotions that are not posted online, which means our rates change frequently. Please contact us for these unpublished rate specials.

Terms

Posted Rates

Our Rates

6 MONTHS

3.14%

3.10%

1 YEAR

2.89%

2.29%

2 YEARS

2.84%

2.19%

3 YEARS

3.39%

2.34%

4 YEARS

3.89%

2.54%

5 YEARS

4.64%

2.59%

7 YEARS

5.30%

3.39%

10 YEARS

6.10%

3.84%

Rates are subject to change without notice. OAC E&OE

Prime Rate

2.70%

5 yr variable

2.20%

Looking at Purchasing that New Home, Needing a Mortgage,

Whatever your need is today – first or next home, renewal, refinance, renovation financing, equity take out, business–for-self mortgage, investing in property or a second/vacation home, contact us for a review of your situation, and the advice you need to achieve your homeownership dreams. After all, the right mortgage can build your wealth and save you thousands of dollars

Every single day we’re making homeowner dreams come true. And we’re here to help you.

Contact Peter Paley at Invis Mortgage

 

Peter Paley Mortgage Associate Send an EmailVisit Website

 

St Vital Area home with two Bedrooms at 42 Hollyhock Road , Winnipeg MB

Fantastic/beautiful home. Open bright spaces. Tons of daylight streams through newer PVC windows throughout. Everything updated.

42 Hollyhock Road 030

Gorgeous kitchen with granite counter tops etc. Maple HRWD flooring. DR has beautiful built-in maple china cabinet. Main floor bathroom (2014). Garden doors leading from Master bedroom to 2 tiered deck with hot tub in back yard.

42 Hollyhock Road 2 42 Hollyhock Road 5

Beautifully manicured backyard grass with newly painted vegetable garden. Location, location! Within walking distance to mall and all other shopping/ transportation/ schools etc.

42 Hollyhock Road 18 42 Hollyhock Road 20

More pictures and information on this Home at 42 Hollyhock Road Winnipeg MB.

Call Realtor Rosalie to view this outstanding Home.

Mortgage Rates for June 23, 2015 — By Peter Paley

                                             
Peter Paley - Your Home and Mortgage Peter Paley

Come visit Realtor Rosalie Drysdale Website each week for my weekly Mortgage Rates.

Whether you are looking to purchase, refinance, or renew, we can help you decide whether a fixed or variable-rate mortgage will work best for your situation. Call today!

At Invis, we are always aware of the current environment and resulting implications, so at any time we can recommend a mortgage that gives you an edge and meets your current needs and future goals.

We regularly receive short-term rate promotions that are not posted online, which means our rates change frequently. Please contact us for these unpublished rate specials.

Terms

Posted Rates

Our Rates

6 MONTHS

3.14%

3.10%

1 YEAR

2.89%

2.29%

2 YEARS

2.84%

2.19%

3 YEARS

3.39%

2.34%

4 YEARS

3.89%

2.54%

5 YEARS

4.64%

2.59%

7 YEARS

5.30%

3.39%

10 YEARS

6.10%

3.84%

Rates are subject to change without notice. OAC E&OE

Prime Rate

2.85%

5 yr variable

2.20%

Looking at Purchasing that New Home, Needing a Mortgage,

Whatever your need is today – first or next home, renewal, refinance, renovation financing, equity take out, business–for-self mortgage, investing in property or a second/vacation home, contact us for a review of your situation, and the advice you need to achieve your homeownership dreams. After all, the right mortgage can build your wealth and save you thousands of dollars

Every single day we’re making homeowner dreams come true. And we’re here to help you.

Contact Peter Paley at Invis Mortgage

 

Peter Paley Mortgage Associate Send an EmailVisit Website

 

Fee models and broker responsibility

by Justin da Rosa | 18 Jun 2015
 
The head of one leading lender believes trailer fees are here to stay – and that it is the brokers’ responsibility to ensure the endurance of the model.
 
“Unless brokers make this a need and a want, the lending community itself will never change; it’s their business, their future and their value,” Boris Bozic, president and CEO of Merix Financial told MortgageBrokerNews.ca. “Our mindset in the industry is an eat what we kill mentality and then we move on to the next kill, versus looking at this application and this kill and wondering how much more we can earn off this one particular application in the future.
 
“If you do that enough times up front it means you have to kill less going forward.”
 
The recent conversation around trailer fee models was sparked when one lender decided to nix its own program, citing its negligible impact on client retention.
 
And opinion is divided about the advantages of the model, with some preferring to earn up-front with the opportunity to move the client to a new lender at renewal.
 
“I would rather get my money up front and invest it myself rather than rely on … any other lender offering trailers,” one broker recently commented on MortgageBrokerNews.ca
 
Still, there are many who believe trailer fees are a good way to continue to earn revenue while also having to rely less on earning new clients.
 
Bozic believes those who consider their business in the longer term are the ones attracted to trailers.
 
“Trailer fees are not for everybody; the trailer fee model will attract those individuals that are looking to create book value for their business,” he said. “For example we have 36 mortgage brokers now who woke up on January 1, 2015 knowing that they were going to earn in excess of $100,000 in trailer fees.”
 
Merix, of course, operates two models. 65 per cent of its business falls under the Merix (trailer) banner, with the other 35 per cent going to Lendwise, its more traditional, upfront revenue model.
 
But what about the charge that trailer fees may be a thing of the past? Bozic disagrees.
 
“I believe trailer fees are here to stay,” he said. “It continues to be a viable compensation form – here is how I know it’s viable. Merix Financial in 2015 will pay out $8 million in trailer fees.”
 
Source: MortgageBrokerNews.ca

Going pro – the benefits of using a Realtor

By Mark David  Mark David
 
When you hire a Realtor, you’re benefiting from the wealth of knowledge he or she has when it comes to buying and selling homes. Many may argue that a Realtor’s job is never done – they are constantly keeping up-to-date on new studies and keeping abreast of trends, statistics and selling techniques.
 
Real estate in Canada is governed by the Canadian Real Estate Association (CREA) and within that there are provincial governing bodies; further to that there are individual boards. All of these governing bodies have rules, regulations and codes of ethics that Realtors must adhere to. Realtors are responsible for constantly upgrading their knowledge and skills in order to maintain their status within their respective boards.
 
In addition to the educational component, Realtors are not nine-to-five employees – in fact, their devotion and commitment to selling houses reaches far beyond the ‘For Sale’ sign.
 
“Often sellers don’t realize the time commitment, and more importantly, the ability that comes with selling a property,” says Anna Michaelidis, sales representative and certified staging professional with Toronto’s Royal LePage Urban Realty. “Hiring the services of a professional Realtor means having someone, with the right skills and tools available seven days a week for as many hours as required. Proper pricing, preparing your home, showing and qualifying prospective buyers, negotiating price and terms as well as dealing with inspections, appraisals, financing and legal issues are only some of the key factors in executing the sale of a property in a legal fashion.”
 
Furthermore, Realtors also earn their commission by providing a number of services that a FSBO (For Sale By Owner) company doesn’t include – and that a lot of home sellers might not even think of.
 
“At Priscilla and Company Re/Max Vernon, we have a professional photographer who produces slide shows and videos, we have a qualified gentleman who accurately measures each home and draws floor plans for each home, we maintain our own personal websites complete with pictures, floor plans and specifications,” says Priscilla Sookarow, Priscilla and Company at Re/Max Vernon. “We have team of technicians working to keep our website front and centre. We participate in numerous other websites to ensure maximum global coverage, we advertise regularly in the local paper, MLS publications and various other media. We do a lot of research, visiting city and regional district offices to obtain maps, verify zoning and address building and environmental issues. Basically we strive to have the answer for any question a prudent buyer might have when they are viewing one of our listings.”
 
Top-producing Realtors also work niche markets, such as high-end homes, certain neighborhoods and investment properties – something you won’t find with FSBO companies.
 
“As such, their familiarity with their market places gives them exponentially more information about market values and connections to buyers than sell-your-own companies,” says Mike Milovick, sales representative for Prudential Grand Valley Realty. “I know, in my market place, no other seller has been involved in over 400 successful negotiations and has personally seen more than 4,000-plus properties I have been through. This experience is what a seasoned Realtor brings to the table.”
 
And, according to the statistics, all of this experience and hard work pays off – at least for the home seller.
According to Lind, the median home price for sellers who used an agent was $211,000 versus $153,000 for a home sold directly by an owner.
 
Getting a pro
 
The reason home sellers hire professional Realtors is much the same reason why we go to the dentist for a root canal or a mechanic to fix our transmissions – some jobs are just best left to the pros.
 
“How often have you heard the expression, ‘a man who represents himself in court has a fool for a lawyer,’” says Michaelidis. “Being represented by a professional makes all the difference.”
 
Realtors undergo extensive training and mandatory continuous education. They adhere to a strict code of ethics and standards of business practice. Realtors are monitored and protected under legislation from all levels of government because the buying and selling of property is a strict legal transaction; and when not done within the boundaries of the law, carries strict ramifications.
 
“Very few sellers would be acquainted with the appropriate laws or logistics of carrying out this execution properly – even with the assistance of a lawyer,” says Michaelidis. “Speaking of which, without a Realtor to ensure that all the elements are properly covered, a lawyer could easily overlook aspects of a deal, which may include peculiar details. This has been known to happen.”
 
FSBO sellers may think they’re scoring a deal by selling their home privately since FSBO companies advertise packages from $129 to $729. However, some FSBO sellers may not take into consideration the other expenses they’ll occur such as hiring a lawyer to prepare and review offers as well as hiring home stagers – a vital component to effectively selling a home.
 
“Home staging is one of the many services I offer home sellers and it is very costly,” says Lind. “Also, if it’s not done properly, it will not have the lasting impression that you want a potential home buyer to have.”
 
According to Lind, lawyer fees can run from $250 to $2,000 (depending on the extent of the offer), which is on top of the fees involved to close the deal. Home staging can cost even more.
 
“I’ve had a home staging quote for $9,000 as the home needed substantial work and furniture to be rented,” says Lind. “The typical fee just for a staging consultation is around $250 and the hourly rate is anywhere from $50-$125 per hour.”
 
Security is also a big factor that a lot of FSBO sellers don’t necessarily think about.
 
When a FSBO sellers hosts their own open houses, they really have no way of knowing what people are coming into their home; whereas when using an agent, all appointments are booked with brokerages and logged so that they know who came through their home and at what time.
 
“Theft is a potential problem,” says Lind. “Valuables such as jewellery, DVDs, video games and video game controllers have been known to be stolen (in FSBO open houses).”
 
Is the grass greener in FSBO sales?
 
When considering selling a home privately, FSBO sellers also have to consider how they will be perceived by consumers.
 
One of the possible negatives that might rise from consumers is that many home buyers don’t want to deal with FSBO sellers.
 
“The consensus is that the sellers are ‘fishing,’” says Milovick. “They’re overpricing their homes, advertising that they are not paying a Realtor commission and that they are simply not serious in selling. Consumers are also reluctant to deal with private sellers because they feel that if the property is not properly listed with a brokerage, there must be something to hide.”
 
Not wanting to buy a home directly from a seller also applies if the seller is a Realtor him or herself.
“They often feel awkward about approaching the seller/listing agent directly,” says Eric Klimstra, sales representative for Prudential Grand Valley Realty. In fact, when Klimstra wanted to sell his own Cambridge, Ont. home he even hired a Realtor even though he was more than qualified to sell the home himself and could have saved paying the commission.
 
“I chose to hire the best team in town to sell my house,” says Klimstra. “They knew the market more intimately that I did (even though I lived there for four years) and I knew that they would act as professionals and take the emotion out of the pricing and negotiation.”
 
Buying and selling a house can be an emotional venture. Certainly, as an investor, you’ve already been taught not to bring emotion to the negotiating table. Realtors can help ensure you don’t.
 
“It is simply impossible for a seller to have an objective eye towards their own homes,” says Michaelidis.
 
“Buyers are typically more attracted to a neutral environment so that they can see it themselves with their own tastes, should they purchase the listing. Needless to say, Realtors are in a better position to assess the home for the ability for the design and décor to be attractive to the broadest range of potential interest.”
 
In addition, says Milovick, FSBO sellers have a harder time co-ordinating viewings and receiving information back, which has a detrimental effect on their sale.
 
“Anything that delays the buyer’s purchase decision, leads to more time on market,” says Milovick. “I have had buyers seriously consider private sales, but their interest has been diverted to other properties as the seller was too slow to get back to them.”
 
Cost breakdown
 
Realtors can make a good chunk of cash on a sale of a home, but what some home sellers may not realize is the money they put out upfront in order to do their job.
 

Realtor’s Expenses

 
Professional Staging Consultation = $300 – $1,000
Interactive Virtual Tour = $100 – $300
Professionally Measured Floor Plans = $200
High Quality Wide-Angle Photographs = $100 – $300
Full Colour Glossy Feature Sheets = $200
Eye Catching Signs, Direction Arrows = $600
Catered Agents Open House = $150 – $300
Convenient Lockbox = $50
1-Day Ad in Local Paper = $250
 

The top questions to ask before choosing your Realtor:

 
Chad Bradley, sales representative with Coldwell Banker Terrequity Realty, Toronto, gives you the run-down on the questions to ask to ensure you pick the right Realtor.
 
How long have you been in the business?
What area(s) do you focus on?
What type of clients do you focus on? First time home buyers, investors?
What are your business standards? To return phone calls, e-mails, etc.
For sellers, do you have a proven marketing plan? Can I see it?
What sets you apart from other agents?
For investors, can you show me examples of what type of ROI your clients have experienced?
If I am not happy with your services do you offer any kind of guarantee?
 
Source: WhichMortgage.ca

Mortgage Rates for February 16, 2015 — By Peter Paley

                                           
Peter Paley - Your Home and Mortgage Peter Paley

Come visit Realtor Rosalie Drysdale Website each week for my weekly Mortgage Rates.

Whether you are looking to purchase, refinance, or renew, we can help you decide whether a fixed or variable-rate mortgage will work best for your situation. Call today!

At Invis, we are always aware of the current environment and resulting implications, so at any time we can recommend a mortgage that gives you an edge and meets your current needs and future goals.

We regularly receive short-term rate promotions that are not posted online, which means our rates change frequently. Please contact us for these unpublished rate specials.

Terms

Posted Rates

Our Rates

6 MONTHS

3.14%

3.10%

1 YEAR

2.99%

2.69%

2 YEARS

2.94%

2.39%

3 YEARS

3.44%

2.54%

4 YEARS

3.94%

2.64%

5 YEARS

4.79%

2.74%

7 YEARS

6.04%

3.39%

10 YEARS

6.50%

3.84%

Rates are subject to change without notice. OAC E&OE

Prime Rate

2.85%

5 yr variable

2.20%

Looking at Purchasing that New Home, Needing a Mortgage,

Whatever your need is today – first or next home, renewal, refinance, renovation financing, equity take out, business–for-self mortgage, investing in property or a second/vacation home, contact us for a review of your situation, and the advice you need to achieve your homeownership dreams. After all, the right mortgage can build your wealth and save you thousands of dollars

Every single day we’re making homeowner dreams come true. And we’re here to help you.

Contact Peter Paley at Invis Mortgage

 

Peter Paley Mortgage Associate Send an EmailVisit Website