Buying and Selling Advice

Mortgages   When I sit with new clients, and I ask them what their thoughts are for mortgages. More often than not, they say that they plan to get a 5 year fixed rate mortgage. At this point there are three key misconceptions or myths I'd like to dispel, as follows:   MYTH 1: The best mortgage term is a 5 year fixed rate CLOSED.   The 5 year fixed rate is one of the most popular mortgages and perhaps three quarters of my clients have this in mind when seeking pre-approval. The trouble with this

Whenever a client is considering selling their loft, part of my job is to explain the three key aspects of the sale: Price, Presentation and Promotion.

Presentation can be a sensitive topic to discuss with sellers.

Over a year ago I met Jeff, a Forex trader at TD who wanted to buy a loft. At the time, Jeff decided to put his purchasing decision on hold as he felt the market was too hot and a correction was overdue.  Then, like a hawk, Jeff swooped back in later in November of 2008, to resume his search.  

For the savvy buyer, November and December are generally great times to buy as the focus for many people, is family and the upcoming Christmas holiday.  

Painting your loft before listing it for sale is usually a great idea. Recently a client of mine hired a cheap painter to paint his loft. He selected the painter based on the lowest quote collected. Unfortunaltly he learned a hard, expensive and time consuming lesson. MrLOFT has been working for years with Renaissance Painters in Toronto (416 618-0400) and recommends that clients call Renaissance for a very reasonable and professional paint job. Here are our top 10 reasons why you should NEVER hire a cheap painter: