Reasons To Love River Park South

Reasons I love River Park South..... the paths!! Our family loves going for walks and park hopping along the way. We have a beautiful 6km loop that we do hitting up 4 different parks for the kids! What is even better is these same paths are now cleared in the winter so you can enjoy beautiful walks along the ponds and not have to worry so much about mucky streets.

Check Up On Your Mental Health

Today is "Bell Let’s Talk Day"

I think we can all agree that our Mental Heath has taken a beating over the past 2 years. For the first time ever I went through a very tough 2-month period, I ate like crap, hardly exercised, was moody, didn't smile, didn't want to do things, and was short with people. I "snapped out of it" after a while when I really decided to focus and work on things to get myself back to where I was used to being. When I came out of it I was amazed at how clearly I was able to focus, like a fog had lifted. Once I had the clarity I said to myself "holy crap, I think that was depression!"

So, if you feel foggy, out of sorts and are struggling with anything in life, please reach out! Let's go out for an energizing walk, grab a coffee and inspire you. Get you out of a "funk" or talk through whatever you are going through. Know that I am here for you!

Another Prohibition???

When you think of Prohibition you are probably like me and are thinking of alcohol, that time when no one was allowed to buy it... well, this time it's housing.

In January it was announced that non-Canadians will not be allowed to purchase real estate in Canada. There are lots of stipulations and rules around this... like... you can't buy in certain census areas - so you can venture outside of most major cities to purchase but not within the city. You have to of paid taxes for the last 3 of 4 years.

The new rule has taken some of our new buyers right out of the market. It is important to talk with the right lawyers and ask the right questions to know whether you can buy as the rules are lengthy and a little confusing.

What’s Happening With The Market Right Now?

What is happening with the market right now?

Well, it is nothing to panic about. The way we are behaving right now is different from what some like to call a crash. The rate we were going before wasn't sustainable for anyone in any long-term fashion, so we have corrected out a bit and are still moving forward. You have still built significant equity in your home, the market is still moving along great, and we are still having loads of success.

What’s The Best Way To Approach Selling A Home While Tenanted?

Tenanted properties are a tough one. I understand that you need a tenant in there to cover costs while you sell, but here are a few reasons why you should consider having your tenant vacate the property before you put it up for sale.

-Tenants sabotage listings - yup, on purpose they will make showings difficult, do damage to the property, not allow showings etc (hint, they don't want you selling the home they are living in)

-What if they don't leave - you sold it, the new owner is set to take possession, and the tenants refuse to leave.... it happens, and now there is a big legal mess.

-The best tenants can go from super amazing to downright nasty during the process.

Those are some of our 2 cents, We have seen it all and lived through it, so if you are curious to know more about selling your rental property, let us know, we are here for you.

Can You Lie About Your Income To Get A Higher Pre-Approval?

Ever lie a little bit? Maybe about the ice cream you eat? Or do you think you can lie about your income to get a higher pre-approval?

I have honestly seen it happen, and while you may think that you are winning at the beginning and your gonna sneak it by, it gets figured out in the end. With the wrong people on your team, it can sneak by for quite some time and only get discovered when it is too late.

Honesty is always the best policy, so... don't lie about your income, get those pay stubs in, and then we can make sure that you are getting a legit pre-approval and you can buy a home that fits within your budget.

These Interest Rates Are A Little Bit Scary

The big conversations about rates.... seems to be never-ending right now.

But... being scared and waiting is non-action, and that is only going to cost you more in the long run. You will miss out on all that time you could have been building equity, or missing out on lower home prices.

Rates truly are not that scary, but wishing you had acted sooner. So, reach out, let's have a conversation and find out if it is the right time for you to be buying a home.