Happy Easter – Frohe Ostern

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To All,

 

Joyeuses Pâques  *  Schoni Oschtere  *  Vrolije Pasen  *  Felizes Pascuas  *  Eide pak mobarak  *  Sretan Uskrs  *  Subh istar  *  Vesele Velikonooe  *  God påske  *  Buona Pasqua  *  Schtsjastlivyje Paschi  *  A Chaisg sona  *  Fu huo jie kuai le  *  Subh iistar

Warm greetings from:
Vijay Gandhi
Real Estate & Mortgage Agent

GTA REAL ESTATE HOME – CONDO- BUSINESS SEARCH

	Vijay Gandhi, Sales Representative- REALTOR®, RE/MAX Dynasty Realty Inc. Brokerage* P: 416.335.4335 | 905.471-0002 & Mortgage Agent, Licence #: M10001947 CENTUM Metrocapp Wealth Solutions Inc. Licence #: 12147 vijay_gandhi@centum.ca, vgandhi@remax.net Direct: 647-267-6338 W:  www.vijaygandhi.com
	Lowest Rates* in Canada Term Our Rate Bank Rate 3 yr Fixed 2.54% 4.35% 5 yr Fixed 2.74% 5.35% 5 yr Variable 2.60% 4.00% Rate Updated : March 28, 2013 We have the best rates on a wide range of products. Mortgage Application  | Consent Form  |  Documents Required http://www.centum.ca/vijay_gandhi    * Conditions Apply

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Experienced and Savvy Investors Buy in December to March Winter Months

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Investors Buy in December to March Winter Months

Experienced and Savvy Investors Buy in December to March Winter Months

Why do a Large Number of Experienced and Savvy Investors Buy in December to March Winter Months?

For a few personal reasons, some people have no time limit (expiration of apartment lease, etc.)and so they really wait until they find something they love to do before purchasing like marrying, which can come at any time, including the snowy winter months as well.

Also, if a property has not sold over the busier season (spring and summer), owners as well as realtors tend to drop the asking price a little to attract more investors to the property. So sometimes, you can get a better deal on a property in the winter months as opposed to the months where the most investors are searching the housing market. Investors think that there is a possibility of better deal to be had….but, many times it is not so….you need right investor agent who can navigate thru this surfing and searching.
There is one good reason is that there are fewer sales and fewer investors in these months so some investors see that as a great time to get a deal. Some houses do not show up in the realtor search as it is in the batches on system for group of years like under 5yrs, under 10 years & so on, so those comes up as soon as the new year starts, also the possible search criteria also changed altogether.

If a seller has placed a conditional offer on a new home and theirs is still not sold by the winter, you may also have an easier time negotiating as they have deadlines to sell their home, so the Investor have an opportunity.

Each selling and purchasing decision is based on a variety of different motives. It’s often case by case and so does just like credit ratings its all depends on individuals.

Don’t be fooled though, some of the statistics I have seen have shown that December is also a good time to sell, and recent years you can verify mls.ca stats, winter months are not bad producing months as well, Because fewer inventories on the market mean less competition, and if investor is in need and do not want to wait despite realtor try to wait for new match property comes up in market. Sometimes good houses do not sell because the competition is fierce and even though they may be priced and war of price so hot, to-gather competitively, they fail to sell because if excess inventory levels. Over major portion of the houses listed in GTA last year in December sold. This made it the number: one month to sell if you want to have an edge on the market inventory if you think and plan properly and willing to take risk with good experience agent and with lots of ice over the head.

Some of my clients save up and buy this time of year. Most investors do not want to be bothered over the Christmas season but investors know that offers at this time of year are scarce at best. This is the time of year when those of us agents that represent investor investors are the busiest. Feel free to contact me if you wish to explore the investor market, there are a lot of great deals out there right now that my clients are snapping up! Would you like to wait or go depends on your choice.

Another good reason is that in winter months only serious sellers remain in the market just like serious investors and price the property accordingly well to sell and ready to make a deal before spring market competition starts. Negotiations take place well when both parties are motivated. An experienced Realtor can get you a great deal in winter.

Always hire the proper agent: www.vijaygandhi.com and save you a lot…

How to Invest in Canadian Real Estate & Win*

Vijay Gandhi,
Sales Representative- REALTOR^®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338
(Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002
(page me-Have me)
F: 905.471.7441
E:vtgandhi@yahoo.com , vgandhi@remax.net
W:  www.vijaygandhi.com  www.gtarealtyagent.com , www.icxforsale.com

flaire condos | shops at donmills | do it with flaire | say it with flaire | cadillac fairview | fram building group | toronto’s finest | flaire register now

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Vijay Gandhi,
Sales Representative- REALTOR®,
RE/MAX Dynasty Realty Inc. Brokerage*
C: 647. 267. 6338
(Direct-Leave message or text)
P: 416.335.4335 | 905.471-0002
(page me-Have me)
F: 905.471.7441
E: vtgandhi@yahoo.com , vgandhi@remax.net
W: www.vijaygandhi.com www.gtarealtyagent.com www.icxforsale.com

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Housing Starts Still Rising: CMHC (More New Homes are Getting Built)

Housing Starts Still Rising: CMHC

For the third month in a row, building starts were on the rise in this country, according to new data released by CMHC.

______________________________________________________________________________
To get legal advice, you visit a lawyer; to get medical advice, you go and see a doctor; most people, to get their car repaired, leave it in the hands of a trained professional. Even to get your hair cut, you go to someone who is trained to do that job. In all of these instances, the average consumer, without specific training and resources in a given area, defers to a qualified individual. So what is it about Real Estate that is so different?  … Get benifited from Licensed Real Estate Agents & Save time, money and trouble.
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These latest numbers signify the best three months in a row since last fall, which is welcome news to economists, who feel that this is a signal of good things to come for builders, and for the housing industry.

CMHC said in a release, “The seasonally adjusted annual rate of housing starts was 197,400 units in June. This is up from a revised 194,100 units in May 2011. April 2011 has also been revised to 194,100 units.”

“Housing starts increased in June due to an increase in single and multiple starts in Ontario,” said Bob Dugan, Chief Economist at CMHC’s Market Analysis Centre. “The revised numbers show that housing starts have been above their trend line since March. However, we expect housing starts to move back towards levels consistent with demographic fundamentals in the near term.”
The fact though, that there was overachieving on expectations, as well as upwards revisions on targets have not been lost on economists, who feel that this is a good sign for the economy, overall, because of the job growth and general economic stimulus that is associated with building and construction.

Looking at the country, region to region, June’s seasonally adjusted annual rate of urban starts increased by 24.1 % in Ontario, and by 5.6 % in the Atlantic region. British Columbia reported a drop of 27.6 % over the same period, while urban starts dropped by 3.6 % in Québec, and by 1.2 % in the Prairie region.

Rural starts were estimated at a seasonally adjusted annual rate of 22,800 units in June.
looking to this numbers it sounds like its good time ahead for first time home buyers because of lower interest rates around.

info: http://ca.reuters.com/article/businessNews/idCATRE74T2QY20110530

Home buying advice for first timers

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Home buying advice for first timers

Home buying advice for first timers

How to make sure your first home buying experience doesn’t leave you penniless.

The biggest do-it-yourself project for a growing number of Canadian homeowners has become the house purchase itself. The 2011 TD Canada Trust First Time Homebuyers Report found that many Canadians are doing it completely on their own, with 45 per cent saying they will be buying their first home independently (rather than with a co-purchaser).But its always advisable to hire services of relevent professionals in real estate to make your dream come true.

Home prices are up across Canada. The Canadian Real Estate Association reports the national average price for homes sold in May 2011 was at a record $376,817, up 8.6 per cent from the same month last year. The increase was largely due to historically high sales activity in selected pricey Vancouver neighbourhoods, and broadly based price gains in Toronto, where supply remains tight relative to demand. If Vancouver sales are excluded from the calculation, the year-over-year change in the national average price amounts to 5.6 per cent; excluding Toronto and Vancouver, prices are up 3.7 per cent.

Rising home prices and tighter mortgage rules are making it harder for first time buyers, and while going it alone is possible, it takes careful planning and advice. You’ll want to ensure, for example, that the mortgage you take on allows room in your budget to set some money aside for the future, because should your financial situation change, you are the only person legally responsible for the mortgage.

Here’s some advice for first-time homebuyers going it alone:

• Buy the house that fits your budget. Better to have a smaller house within your means than a pricey house that forces you to give up your lifestyle. Canada Mortgage and Housing Corporation’s guidelines on affordability say housing costs should not exceed 32 per cent of your gross monthly household income. Housing costs include monthly mortgage payments, taxes and heating expenses. If applicable, this should also include half of your monthly condo fees. Your total monthly debt load should not be more than 40 per cent of your gross monthly income.
• Build your team. Have your real estate agent, lawyer, home inspector and mortgage lender lined up well in advance. This will save you time and enable you to make an offer if you see a property that you like.

• List your needs and wants and then provide it to your agent. This will help you focus on the property you want and will save you time when viewing homes. Decide which areas you might be willing to compromise on.

Successful Real Estate Investment Strategy

When you are investing in real estate, it would be nice to have a crystal ball.

Barring the existence of said crystal ball, the best way to predict the future when investing is to employ some sort of strategy.  For the seasoned property investor the question is certainly about what they are investing in- but as important, is where they are investing.

So what factors should you look at when looking to invest in property?

The common denominator

There are fundamentals to consider, no matter where you are looking: “There are many fundamentals for property investors to consider when looking at investment properties. Sometimes investors will invest with their heart or based on what they believe will happen without looking at many of the underlying aspects.”

“The biggest factors to consider are the housing market, population growth, the job numbers and employment levels, up-and-coming industries, education, average income, infrastructure in the area, the political leadership of the city and province, and so on.”

Also, and perhaps most importantly, property investors must consider local factors that will affect the value of their property.

Identification of Property

Beyond the where of property investment, it also is advisable to look at opportunities in terms of what kind of property offers the best return on investment.

Part of a successful strategy is not only picking a location poised for growth, but of having an awareness of the needs of the local market, and of the associated properties.

It’s not only about looking in the right locations; it is about keeping your ear to the ground, and knowing what to look for.  It’s about keeping connected with the community, and identifying “diamond in the rough” opportunities.

“If you see student housing market. Not many of investors recognize that Universities are increasing student capacity annually but is not doing anything about residences. The off-campus housing market, therefore, is booming. But we have to be diligent and ensure the safety of the kids while simultaneously ensuring investors receive a better than average ROI (currently 4-8%, sometimes as high as 10%).”

The good news for property investors is that there is ample opportunity to get in to markets that are poised to grow, and promise investment growth as well.  we have looked at various markets across ontario like Motels, Bed & Breakfast, or Investment in Apartment or Multi Residentials  industry – and at some common threads between them and, in no particular order, here are a few that have been deemed by authorities in the industry as areas to keep on the radar. This list is by no means an exhaustive one, merely a snapshot of what is happening across the country at present.

For invstment planning in real estate please call VIJAY @ 6472676338 or E-Mail click

Investment Canada Act / Frequently Asked Questions / An Overview of the Investment Canada Act (FAQs)

Investment Canada Act

The Investment Canada Act and RegulationsNon-Canadians who acquire control of an existing Canadian business or who wish to establish a new unrelated Canadian business are subject to this Act, and they must submit either a Notification or an Application for Review.

for condo investment contact or visit me @ www.condosupermarket.com

Vijay Gandhi is an Re/max Real Estate Sales Rep. &  independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.
Have you considered a 50/50 Mortgage?

As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!

Whether you are planning to buy-sell-lease-invest your first home or your investment, contact us today!We’d love to hear from you!
Please leave a detail message; I will get back to you soon as possible…

Thanks for visiting my web sites:

vijaygandhi.com  www.gtarealtyagent.com & torontomortgagetrends.com

Mortgage Rates Are At Historical Lows. Easy OnLine Application. Apply And Get The Best Mortgage Rate!
*condition apply/sub. to availability

Vijay Gandhi,
Sales Representative- REALTOR^®
RE/MAX Dynasty Realty Inc. Brokerage*

&

Mortgage Agent – Lic.# M10001947
CENTUM Metrocap Mortgage Corp. Lic.#11074

C: 647-267-6338 (Direct-Leave message or text)
O: 416.335.4335 | 905.471.0002 (page me-Have me)
F: 905.471.7441
E-MAIL: vtgandhi@yahoo.com , vgandhi@remax.net
WEB:  www.vijaygandhi.com , www.icxforsale.com
BLOG: https://gtarealtyagent.wordpress.com/
“YOUR PERSONAL REAL ESTATE & MORTGAGE ADVISOR^® FOR LIFE”
Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

Condos as an Investment Opportunity – Review

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Condos as an Investment

Condos as an investment

Toronto is currently the dominant North American condo market, with more than 18,000 units being sold annually over the past five years, according to findings by Urbanation, the Toronto-based condominium market research firm, and a great number of the buyers have no intention of living in them.

The study found that “With many downtown condominium projects selling more than 70 per cent of their units to investors, developers need to keep a keen eye on index price movement and rental transaction activity.”

A number of factors are behind the explosive growth of condos in the GTA. First and foremost is an influx of foreign buyers: Offshore investors are buying up Toronto condos sight unseen for the purpose of investment.

So is the Toronto condo rental market saturated? It depends who you talk to.

“The Toronto real estate market continues to exhibit strength in the demand for new condominiums, particularly as investment properties for those with new money. This trend indicates that any suggestion of a developing ‘condo bubble’ represents ongoing conjecture, rather than market reality.”

And a Canada Mortage and Housing Corporation  study from the fall of 2010 found that “The average vacancy rate for purpose-built apartment buildings in the GTA declined to 2.1 per cent in October 2010 from 3.1 per cent in October 2009. The average rent for two-bedroom apartments common to last year’s survey increased by 1.8 per cent.”

All that may change this year as a result of the pervasive condo construction in Toronto. According to CMHC statistics, “A surge of nearly 8,000 condominium apartments were completed in the June to September 2010 period. These new units likely worked to push vacancies higher.” And as of last June, “there were over 34,000 units near completion in the GTA.”

With 20 per cent of the GTA condo market being rental, what happens when all these units hit the street this year? The quandary for investors is that rental rates are not rising relative to the increasing prices and costs paid by investors, and Toronto’s rents are much lower than comparative global cities.

Rental Transactions Up 18 Per Cent

A study by Adrienne Warren published by the Scotiabank Group in March, is optimistic that Canada’s residential activity will remain buoyant, but rentals may go soft. “It is also highly unlikely that Canada will experience a U.S.-style housing collapse. The roughly 25 per cent correction in U.S. home prices from their 2006 peak was primarily the result of weak lending practices and high-risk mortgage products largely absent in Canada,” says Warren.

“Canada’s average rental apartment vacancy rate in major urban centres edged down slightly last year to 2.6 per cent, and has remained historically low throughout the past decade. Vacancy rates for rented condominium apartments are low, at 2.0 per cent or less in six of the 10 CMAs surveyed by CMHC.
related links:
http://www.cmhc-schl.gc.ca/en/corp/nero/nere/2011/2011-06-09-0815.cfm
http://torontorealestateboard.com/consumer_info/market_news/rental_report/2011/rental_report_01-04_11.pdf

F or the January to April 2011 period, TREB Members reported 5,079 lease transactions

for condominium apartments and townhomes. This result was up 18 per cent from 4,319 lease

transactions reported during the same time-period in 2010. The number of rental units listed on the TorontoMLS® rose 10 per cent to 9,374 units. The increase in listings reflects the high level of condominium apartment completions over the past year. Some investors chose to lease their units upon completion.

With the number of transactions rising at a greater rate than the number of units available for rent, rental, market conditions tightened. Average rental rates were up in comparison to last year. One-bedroom apartments rented for an average of $1,485 per month, up 1.5 per cent year-over-year. Two-bedroom apartment units rented for an average of $1,958 per month – up 2.5 per cent compared to the first four months of 2010.

for condo investment contact or visit me @ www.condosupermarket.com

Vijay Gandhi is an Re/max Real Estate Sales Rep. &  independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.
Have you considered a 50/50 Mortgage?

As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!

Whether you are planning to buy-sell-lease-invest your first home or your investment, contact us today!We’d love to hear from you!
Please leave a detail message; I will get back to you soon as possible…

Thanks for visiting my web sites:

vijaygandhi.com  www.gtarealtyagent.com & torontomortgagetrends.com

Mortgage Rates Are At Historical Lows. Easy OnLine Application. Apply And Get The Best Mortgage Rate!
*condition apply/sub. to availability

Vijay Gandhi,
Sales Representative- REALTOR^®
RE/MAX Dynasty Realty Inc. Brokerage*

&

Mortgage Agent – Lic.# M10001947
CENTUM Metrocap Mortgage Corp. Lic.#11074

C: 647-267-6338 (Direct-Leave message or text)
O: 416.335.4335 | 905.471.0002 (page me-Have me)
F: 905.471.7441
E-MAIL: vtgandhi@yahoo.com , vgandhi@remax.net
WEB:  www.vijaygandhi.com , www.icxforsale.com
BLOG: https://gtarealtyagent.wordpress.com/
“YOUR PERSONAL REAL ESTATE & MORTGAGE ADVISOR^® FOR LIFE”
Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

Homeownership Dreams? lets talk and turn your dream in to a reality….

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Homeownership

Is the dream of home ownership and debt-free retirement out of reach for many?

Recently, the Ontario Real Estate Association conducted a poll on renters on the topic of home ownership. Approximately 70% of the respondents indicated that they have the intention of purchasing a home rather than renting.

An interesting fact was that 81% of respondents thought that it’s more difficult to own a home now than in previous generations and 89% thought that it would be more difficult in the future.

I want to discuss a couple of ideas on this topic to display just how these same feelings most likely resonate right across the country. The affordability of housing has to be kept under control and many factors need to be taken into consideration such as an aging population and job creation.

We have been experiencing quite a low interest rate environment for some time now which has bolstered economic activity, but we need to ensure that once rates go up and affordability declines, that those who are spending now are able to ride the wave once rates normalize again.

Moving forward, inflation is another point to consider.  We are seeing a constant hike in fuel prices as well as the cost of food. Along with a sputtering global economy, things like geo-political influences and natural causes such as the earthquake in Japan affect us at home and in a big way.

Even the new accounting rules are affecting our lives. Basically, the new International Financial Reporting Standards (IFRS) means that lending institutions are required to include any securitized assets in their balance sheets when they are calculating things like capital ratios. Ultimately, this is more costly for the institution, and therefore, for the client. We have actually seen lenders increase their fixed rates and now the discounts on variable/adjustable mortgages have been cut by some lenders over the past few days.

Another key point of the survey is government intervention. Many respondents felt that there should be grants and tax incentives to help first time homebuyers. However, there is the Home Buyers Tax credit for first-time home buyers in the amount of $5000. Also, there is the Home Buyers Plan in which first-timers can use their RRSP’s towards the purchase of a qualified home. Some may say that it isn’t enough and who can accumulate that amount in RRSP’s, but it goes to show that if you cannot afford the down payment and weren’t disciplined to save, then you’re probably not ready for the responsibility of home ownership. However, you can’t assume everyone is alike.

Also, recent studies by Statistics Canada shows that 1/3 of retired citizens are in some form of debt. Couple this with inflation and minimal retirement income support from the government, and it doesn’t paint a pretty picture for our aging population.

It may not be actual housing debt in all cases, but just look to the future. If young families today are struggling for home ownership, doesn’t this put them further behind when it comes to retirement planning?

All I am saying is that we need to be cognizant of the future. It’s fine for homeowners that their values are skyrocketing (as long as they don’t borrow to the tilt), but for those trying to crack into the home ownership game, it’s much harder as prices climb, rates go up, and wage increases are marginal.

How difficult do you think the dream of home ownership and debt-free retirement is to reach?

Not much…………….lets talk and make turn your dream in to a reality!!!!

Visit me @ www.gtarealtyagent.com

This blog communication is for public awareness and public responsibility, for client and customer benefit and best interest in mind. Some conditions apply

Vijay Gandhi is an Re/max Real Estate Sales Rep. &  independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.
Have you considered a 50/50 Mortgage?

As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!

Whether you are planning to buy-sell-lease-invest your first home or your investment, contact us today!We’d love to hear from you!
Please leave a detail message; I will get back to you soon as possible…

Thanks for visiting my web sites:

vijaygandhi.com  www.gtarealtyagent.com & torontomortgagetrends.com

Mortgage Rates Are At Historical Lows. Easy OnLine Application. Apply And Get The Best Mortgage Rate!
*condition apply/sub. to availability

Vijay Gandhi,
Sales Representative- REALTOR^®
RE/MAX Dynasty Realty Inc. Brokerage*

&

Mortgage Agent – Lic.# M10001947
CENTUM Metrocap Mortgage Corp. Lic.#11074

C: 647-267-6338 (Direct-Leave message or text)
O: 416.335.4335 | 905.471.0002 (page me-Have me)
F: 905.471.7441
E-MAIL: vtgandhi@yahoo.com , vgandhi@remax.net
WEB:  www.vijaygandhi.com , www.icxforsale.com
BLOG: https://gtarealtyagent.wordpress.com/
“YOUR PERSONAL REAL ESTATE & MORTGAGE ADVISOR^® FOR LIFE”
Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!

ATTENTION: New Canadian Immigrants, Buying a Home is Easy!*

ATTENTION: New Canadian Immigrants, Buying a Home is Easy!*

If  clients who have arrived in Canada from overseas looking for a new life, the one thing that they will have discovered is that Canada is a great country which has people from all walks of life, variety of cultures and amazing races.

The biggest challenges new Canadians face is settling into a new country. The Canadian government has a plethora of great websites for new immigrants. These sites provide great resources to help your clients in the process.

In this article, we will explore the three different types of people statuses when they enter Canada.
1. The first type of status is new Canadians who are here on work visas and are landed immigrants who are currently employed.
2. The second type is non-landed immigrants who are employed.
3.The third types are new immigrants who are not yet working but who have applied for, or been granted landed immigrant status.

Once clients have established which one is them, there are many ways to tackle buying a home.

New Canadians must be employed for a minimum of three months before they are eligible for a mortgage. In Canada, we have something called the probationary period which is commonly described as the dating period between the employer and employee. Lenders which are commonly known as Banks have designed a minimum three month rule. The purpose of this rule is to ensure that employees have passed the standard three month probationary period with their new employer and they are now permanent employees. Lenders or Banks 100% of the time request to pull something called your “credit bureau”. Simply put, this is your financial report card. They want to see a history of credit repayment. Do you pay your bills on time? I always ask my clients to try to get an international credit report from Equifax or Transunion or any other credit reporting agency. I also ask them to get bank references, utility bills, cell phone bills from your country. This will strengthen the mortgage application and show the lender that you pay your bills. You also may want to get a reference letter from bank managers from your country.

Building credit in Canada is very important. Certain banks have programs where they offer products which can quickly start building your credit, if your clients are not eligible, advise them to get a secured credit card. Establishing a Canadian credit history is a paramount step. Many people are confused on how a secured credit card works. Here is how it works: if you are approved for a $500 limit on a secured card, you pay the creditor $500 upfront as security deposit, after a few months of demonstrating successful repayments (which is usually 6 to 12 months), you get that money back. In many cases they increase the credit limit to let’s say $2000. The key is to use the credit card and make payments every month on them. I always tell my clients to pay the balance in full.

If you clients are here on a work visas and are landed immigrants who have been working for a minimum of three months, through various lenders they can qualify for a product called a high ratio mortgage which is up to 95% financing of the home. So let’s say that is worth $100,000, the bank will finance $95,000 and all you need is $5,000. The condition is that they need to have a strong international credit report or be able to provide proof that they pay their bills on time as mentioned above.

If you clients are non-landed immigrants and have been working for at least three months and have a strong international credit report or are able to provide proof that they pay their bills, they can qualify for up to 90% financing*.

If you clients are new immigrants to Canada, and do not have landed status yet and are not working, there is a program available where they only need a minimum of 25% down payment. For example that home is $100,000 and you have $25,000, financing is possible for the reminder $75,000.

The biggest advice I give to new Canadians is that you cannot blindly trust a real estate agent because he speaks the same language as you or is the from the same town. It is important to research the information yourself, speak to other real estate agents. I always tell my clients to go into their local branch and find out what products are available for them. Buying a home in Canada may seem challenging at first however it is important to have someone guide you through the process who has done it before. Every case is different. Every situation is unique.

Call me or contact me if you are interested to buy-sell real estate – home- office- business, even if you have down payment, little down payment and no down payment and what you need to do to buy a home.

*conditions apply

This blog communication is for public awareness and public responsibility, for client and customer benefit and best intrest in mind.

Vijay Gandhi is an Re/max Real Estate Sales Rep. &  independent mortgage planner- industry insider & CENTUM Agent. If you are purchasing, refinancing or renewing your mortgage, contact Vijay or apply for a Mortgage Check-up to obtain the best available rates and terms.
Have you considered a 50/50 Mortgage?

As always, if you have questions about the 50/50 mortgage product and whether it’s right for you, or other mortgage-related questions, I’m here to help!

Whether you are planning to buy-sell-lease-invest your first home or your investment, contact us today!We’d love to hear from you!
Please leave a detail message; I will get back to you soon as possible…

Thanks for visiting my web sites:

vijaygandhi.com , icxforsale.com & torontomortgagetrends.com

Mortgage Rates Are At Historical Lows. Easy OnLine Application. Apply And Get The Best Mortgage Rate!
*condition apply/sub. to availability

Vijay Gandhi,
Sales Representative- REALTOR^®
RE/MAX Dynasty Realty Inc. Brokerage*

&

Mortgage Agent – Lic.# M10001947
CENTUM Metrocap Mortgage Corp. Lic.#11074

C: 647-267-6338 (Direct-Leave message or text)
O: 416.335.4335 | 905.471.0002 (page me-Have me)
F: 905.471.7441
E-MAIL: vtgandhi@yahoo.com , vgandhi@remax.net
WEB:  www.vijaygandhi.com , www.icxforsale.com
BLOG: https://gtarealtyagent.wordpress.com/
“YOUR PERSONAL REAL ESTATE & MORTGAGE ADVISOR^® FOR LIFE”
Please call me TODAY for a No Obligation Buyer Consultation or Pre-Listing appointment!