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David Pylyp

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How much are you borrowing? Our Canadian Mortgages

11-17-09
David Pylyp
Sometimes, We need to check our facts and perspective from time to time.
I always thought that people would finance with the shortest and lowest interest rate possible.
68 per cent of mortgage holders have fixed rate mortgages, while 27 per cent have variable and adjustable rate mortgages. Fixed rate mortgages are the most popular among people between the ages 18 and 34, while those in the 55+ age group are more likely to prefer variable rate mortgages
Rather a surprising statistic given that most of the first time buyers are consumed with obtaining the lowest interest rate. I made a quick couple of calls to recent buyers and they all confirmed they had selected the fixed rate program.
Garth Turner of the Greater Fool fame is oft mentioning the highly leveraged and Real Estate Bubble that is bursting in Canadian housing market;
Average amount of equity Canadians holding a mortgage have in their home is $142,000, representing 52 per cent of the value of their homes. Approximately one third of homeowners do not hold a mortgage and have an average $322,000 of equity in their homes. Overall, Canadian homeowners have 74 per cent equity in their homes.
What a vast difference to the Media reports of the over extended over financed Canadian Mortgage market. Last week I found a complete article on the collusion on the part of CMHC to induce borrowers to maintain and increase mortgage debt. The article went on to say that CMHC was causing the price increases because of the borrowing specials.
You are welcome to read the entire article from the source. Click here
Please feel free to add your comments or observations.
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Waking Up a Few Agents TY Mike Bowler

11-12-09
David Pylyp
The post that I found from Mike Bowler is right on point; we are entering an entirely new and uncharted paradigm for business. The tried and proven models of Yellow Page advertising are being replaced with Google search engines and Bing algorythms. How are you being found online when people Google you. Here what shows when you google me.

Practitioners need to be proficient in Blogging, social media, search engine marketing, and how to work with the e-consumer once they contact you.Using savvy marketing techniques may generate leads for agents, however with no skills in permission marketing and inbound marketing, you will be lost. Nearly 90% of the home buyers are searching homes on the Internet prior to ever contacting an agent. Are they finding you, when they go to Google, Yahoo or MSN?

Consumers drive the industry and have always driven it, however today they are looking online first. Technology, combined with local knowledge and input educates consumers. You’re not going to do that sending junk mail, holding seminars, running ads, or interrupting consumers with phone calls, emails or newsletters. You MUST be proactive by providing great content online with Blogs, podcasts, videos, and webinars that allow the homebuyer or seller to find you. http://www.mikebowler.net/?p=654


We need to know that we are all different. Give me a call and we'll talk about it.
We need to form entirely new social and networking circles so that permission based marketing will allow [clients] turned friends to introduce you to their friends and help them buy their home.

Be confidant when sending your friends to Toronto they will be looked after.
4 Comments
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The Final Frontier Commercial Condominium Purchasers

11-11-09
David Pylyp
It was my pleasure recently to meet a new [to me] mortgage professional. Being from a Commercial Lending background I am somewhat more aware than most agents of different financial programs and policies of Lenders. I came across Peter Majthenyi who is a Mortgage Broker with Mortgage Architects.
Our conversation touched on many different issues related to today's turbulent mortgage market, rampant fraud, buyers overheated bids, inflated market evaluations, but most striking contrast was Peter's personal commitment to the mortgage business and his service attitude towards clients. The business has purchased a commercial condominium unit [storefront] at the Loggia Residencial Condo complex at the foot of Islington and The Queensway in Etobicoke.

Peter believes [as I do] that this neighbourhood of South Central Etobicoke has many amenities that will continue to draw business owners and families alike. The proximity to downtown Toronto, via the Gardiner in just 12 minutes, makes one understand why the Condos at iLofts, California and the Humber Bay Shore are in such strong demand.


The conversation turned to Commercial Condominium Units, a very neglected and understated business. Units that are at or near 1,000 square feet are almost non existent within the city core unless you are able to move to the outskirts of the 905 in Vaughn or Mississauga. Business owners have long known that controlling expenses is critical to the survival of the business so what better, then to purchase a condo and be your own tenant.
  • Guaranteed Return on Investment
  • Annual Growth in Equity
  • Known Tenant
  • No Collection Problems
Peter Majthenyi can be contacted at 416 236 9300 for all your mortgage needs. Check their web presence at http://theMortgagePlanner.ca. The storefront Location is 1026 The Queensway, Etobicoke. Islington at QEW. Make a point to have a look. The Mortgage Architects
2 Comments
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Thank you whomever rated my videos as offensive

11-09-09
David Pylyp
I was genuinely shocked today when I found that reference online to my youtube.com/dpylyp channel. What possible content could I have that is real estate, mortgaging, local to Etobicoke, concentrates on the Humber Bay Shore waterfront possibly be offensive.
OH.... someone attached a note that my video's contain pornography or are offensive.
My ears turned red. I was furious. Then I thought about it. Who ever you are who thought you could damage or sully my reputation, Let me say again thank you.
You have increased the potential for viewers to find my real estate videos!

  1. YouTube - dpylyp's Channel

    The following content has been identified by the YouTube community as being potentially offensive .... dpylyp subscribed to batonrougeappraiser (4 days ago) ... www.youtube.com/user/dpylyp - Cached - Similar
    YouTube - David Pylyp profiles Humber Bay Shore A first test video I made with David Pylyp of Remax fame: http://www.youtube ... www.youtube.com/watch?v=jIUUygpkPe8
    YouTube - "All Marketers are Liars" - Seth Godin speaks at Google Seth Godin is the author of six bestsellers, including Permission Marketing, ... www.youtube.com/watch?v=AZnYRaQfjK4
    More results from youtube.com »

  2. Top cameras: Through a real estate lens | Real Estate and ...

    30 Oct 2009 ... Lets use the technology to our advantage. David Pylyp http://DavidPylyp.com http://Youtube.com/dpylyp http://twitter.com/davidpylyp ... www.inman.com/.../top-cameras-through-a-real-estate-lens - Cached - Similar

  3. twibs - youtube - 18 results for Twitter Businesses Matching 'youtube'

    Toronto Realtor, Vocal about life in TO, website seo student, Blogger, Fair cook and dishwasher, Youtube/dpylyp Building Friendships, How can I help you? ... www.twibs.com/search.php?search=youtube - Cached - Similar

  4. RE Agents and Google Rankings 4/8/2009 - Tamara Dorris on Blog ...

    As you had asked; my video's can all be found online at http://youtube.com/dpylyp or at youtube.com and searching David Pylyp. Seo Coaching and Website ... www.blogtalkradio.com/.../RE-Agents-and-Google-Rankings - Cached - Similar

  5. Selling Your Home Using Twitter : The Real Estate Bloggers

    3 Apr 2009 ... I have been trying to connect with topical video's hosted on http://youtube.com/dpylyp. I wish you continued success. David Pylyp Toronto ... www.therealestatebloggers.com/.../selling-your-home-using-twitter/ - Cached - Similar

  6. Twitter Videos - Toronto

    Free clip from dpylyp on YouTube. Nov 30, 2008 1:13. Are you falling behind on your mortgage? Get people involved who can help you solve these problems. ... www.casttv.com/twitter?topic... - Cached - Similar

  7. TwittMaster.Com » Youtube as of October 27, 2009

    DavidPylyp: Oh How I want to be a video phenom! http://youtube.com/dpylyp If I took up pole dancing with @aradiaOakville Would more people notice me? ... twittmaster.com/archives/10129 - Cached - Similar

  8. VIDEO.CA Canadian Video Sharing Community

    Added: 3 months ago by dpylyp. Duration time: 1:23 | Views: 496 | Comments: 0 ... Youtube's TrickyRicky77 teaches Phil McCracken how to do impersonations. ... www.video.ca/search.php?mode=&search=imp&detail... - Cached - Similar

  9. Cool Youtube Videos // BlogCatalog Topic // BlogCatalog

    dpylyp has updated his twitter: Found this cool free YouTube tool from @LonNaylor puts videos on blogs and webpages! www.screencastprofits.com/youtube ... www.blogcatalog.com/topic/cool+youtube+videos/ - Cached - Similar
Have a look at few videos, Rate them, Add a few stars please, make a comment or add a topic you would like to see addressed. My clients come from all walks of life, from many different countries and cultures and I try to embrace everyone.
3 Comments
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Talk is Cheap - Some people will promise you anything

11-06-09
David Pylyp
Some will promise you anything you want.
Some of the claims are outrageous.

Here are mine.




I am here to answer your questions. Lets talk about serious issues. Buying before the new HST kicks in. Buying before there are interest rate increases and locking you in. Maybe Curing a few credit problems and buying.
Whats the theme here?

Buying a place for you. Talk is cheap. I will listen to what you want.
2 Comments