David Pylyp

We understand how difficult it can be when you've never purchased a home before. For women especially, it can be a real internal struggle. If you are single, you must make all of the important decisions alone, so you need to seek as much information as you can find about the whole process. You want to deal with people you can rely on and who have the knowledge and experience to cut through all the gobbledygook and give you the information you need for peace of mind.

Let us help you. Being women, we understand the needs of women. We have years of experience in mortgages and with over 40 lenders, we can find you the mortgage that offers you security and the best rate. Call us now at 1-888 372-7367 and see why Mortgages for Women is a woman's best choice for mortgages.

I was graciously invited to a morning meeting with Marcy Berg of Mortgages4Women this morning at the Grenedier Restaurant in High Park in Toronto. The entire conversation was consumed with the benefits of women dealing with Trusted Business Advisors with their life plan, goals and decision making process.

Marcy shared some interesting details with me about the demographics of the group she serves. They are; an average of early 30's with property ownership aspirations but tend to live in the 905 and work in the 416. They are aware that real estate is the best form of equity acquisition in the long term.

Marcy Berg has assembled an entirely female staff of Financial Planners, Mortgage Brokers, and Lawyers, to advise you correctly about what is proper and appropriate for you as a five and ten year plan. Those especially effected are women with nearly college age children that need post divorce financial understanding and explanations.

Marcy and I met during the course of one of my video's about;Common Law Do you need his permission to sell the house. No you don't. This was a candid conversation, Q&A with Stan Gelman Lawyer Mississauga

This relationship has developed to "How can we jointly provide value to Readership and Ultimately our Clientelle". Marcy has recently acquired commercial space at 401 Bay Street, Toronto to be in heart of the Financial District of Toronto. With onsite staff and financial planners readily available for appointments, women can slip in during the work day to have their matters attended to.

The Mortgages 4 Women Group will attend with your financial planning assessments, portfolio reviews, mortgage applications and choices, assistance with First Time Buyers, Debt Consolidation and Business for Self.

David Pylyp works in the west sections of Toronto including Bloor west Village, Roncesvalles Village, the Humber Bay Shore Community and points west into Mississauga and Oakville. David be reached directly at 647 218 2414

We recently had a Purchaser client that was income challenged to qualify for a mortgage; that was limited by the Ontario Disabilities Pension for their monthly income.

The building site that came to mind was the Option for Homes, where low income housing is mixed with open market purchases. This site is actually located at Keele and Dundas in the Junction, currently under construction with a proposed occupancy of 2011.

Options for Homes is a private, not for profit corporation dedicated to providing home ownership for low to middle - income households.

The not for profit model eliminates most developer costs including marketing. The Projects themselves are simple designs without pools or other frill improvements. Typically this means lower than market pricing per unit of about $ 30 to 40,000.

The Value Added Alternative Mortgage program allows Purchasers to pay 15% less than market value by providing an Options Alternative Second Mortgage without payment to the Borrower. This is registered on title and is not repayable until the unit is sold. The Options People then share in the appreciation of the property sale at 20% of the profit in addition to the repayment of the original amount. This provides the ongoing funding for additional projects.

This program of 5% down from the Purchaser and 15% as a Vendor Take Back program from Options permits the low income borrowers to save the CMHC 80 % advance and borrowing fees. Again the focus is on the Lowest payment possible.

With the market jitters that have recently occured Michel Labbe President for Option for Homes said "After seeing the impact of sliding property values in the U.S., Canadian families are getting nervous. The Options model has a built in cushion to protect home owners in the event of value decreases."

Mr. Labbe continued "The second mortgage on Options Units is repayable upon sale or rental of the unit. Should the resale value erode due to market pressures, the second mortgage will absorb up to a 13% drop in value. This feature protects low income families from getting in over their heads."

Pat Munroe, Director of Sales for Options advised me that a few penthouse and larger units still remain available for sale.

Will you be Buying one from Options and moving to the Junction? Tell me about it.

Frugal Home Staging - Toronto

Even if you're not a fan of Shakespeare's works, his words of wisdom have made their way into our common, everyday vernacular. Why? Because the Bard's words prove true time and time again.

What does home staging have to do with Shakespeare? Well, the term "staging", which refers to preparing a property for sale to maximize its appeal to buyers, was coined due to its parallelism with setting the stage of a theatre.

As Shakespeare wrote in ‘As You Like It', "All the world's a stage." The same holds true for the house you're trying to sell. And, just like the theatre stage, we are merely the players and we have our exits (sellers) and entrances (potential buyers). It's a professional stager's job to make sure the stage is set to encourage dialogue between the players.

Makes sense, but what else can the Bard teach us?

"Parting is such sweet sorrow" - Romeo and Juliet

Juliet's famous line obviously was referring to her Romeo. However, our home is also something we love. It is very normal for homeowners to have a strong connection to the house they've turned into a home by personalizing the furniture, décor, and design. Detaching ourselves from our home can be a difficult process. Yet, it is also sweet because, often times, selling our home means we're about to embark on another, new and exciting chapter of our lives. As well, for most people, a home is their largest asset and maximizing the return of that asset is very sweet.

Moral of the story: Detach yourself from your home and think of how you can create emotional connections for potential buyers.

"Delays have dangerous ends" - King Henry VI, Part II

When is the best time to stage a property? Regardless of which stager you're talking to, you will hear the same thing come out of his/her mouth: BEFORE the property goes on MLS!

Occasionally, I hear a homeowner say, "We don't have time right now to worry about staging, so we'll list it first and see how it goes." At first glance, that looks like a good way to go; however, as your realtor can tell you, the first 10 days on the market are crucial-, at open houses, and showings. As well, if you post photos online of your un-staged property, you are losing potential buyers from the onset and they're gone for good. 78% of buyers look online FIRST before deciding which houses to go see-do you want to risk not being on that list?

Delaying staging can ultimately lose you a sale. Take the time before listing your home to properly get your house ready for market. If the thought of packing stuff away seems overwhelming, just remember that you'll have to do it eventually when your house sell, so think of this as Step 1! Imagine how much easier your move will be at the end when you're already half packed!

Moral of the story: Waiting to stage your home can cost you much more money than anything spent on staging. If you wait, it usually means that staging accompanies a price reduction. Why wait and leave money on the table? Squeeze as much equity out of your house as possible by being proactive and investing in the right changes to get a positive return on investment.

"Nothing can come of nothing" - King Lear

I sometimes hear clients protest with comments like, "I'll just let the new owners make the changes they want." or "Why do I need to stage anything for potential buyers? They'll just imagine the house the way they want to." Here are the problems with those statements:

Sure, potential buyers can always make the changes that need to be made to the property, but you can bet their offer will reflect these cost AND the time and effort to make these changes. If potential buyers are actually interested in making the changes (many aren't though), they will likely go through the house making a list of "deductions" that will come right off their offer price.

Sure, potential buyers can visualize the property regardless of its current state.... If they're part of the small percentage of the population that actually has the ability to do so (only about 15%).

Moral of the story: If you put nothing (staging, elbow grease, repairs, etc.) into your home before you sell it, don't expect to get more from potential buyers. They're looking for move-in ready homes that they can easily visualize themselves in the space. Help them do just that!

"Be not afraid of greatness" - Twelfth Night

And so we end our Shakespeare lesson with the most important lesson of all-do not be afraid of greatness when it comes to showing off and selling your property. Whether in a buyers' market or sellers' market, your house should always be ahead of the competition. In the case of a buyers' market, staging your home will help it sell faster (about ½ the time of a comparable un-staged property) and for more money (about 6 - 10% more than a comparable un-staged property). In the case of a sellers' market, staging your home will often lead to multiple bids!

Moral of the story: It is statistically proven that the time, effort, and investment that go into staging lead to faster sales and for more money. Why say no to greatness?

Christine LeLacheur is a Certified Staging Professional (CSP^TM) and has a Masters of Business Administration (MBA). She continually augments her formal education by keeping on top of industry trends and keeping an ear to the ground to ensure she provides homeowners with ideas and layouts that appeal to an array of potential homebuyers.

Christine and her team are committed to making your house looks its best, optimize its value, and add to your pocketbook without leaving any equity on the table! Contact Christine today to learn more about how The Frugal Stager can help you sell your home!

There are many videos online with my content that is designed to be educational and informative about life in Mississauga, and ultimately the west Toronto (GTA)

I am very fortunate to have a seller that was willing to go on camera with a testimonial.

I am very grateful to Karen for her contagious laughter, great spirit and zest for adventure in life that made working with her an absolute pleasure.

If you would like to have a similar experience with your real estate transaction in Mississauga, I would be pleased to interview for the position. Buying a home should be a stress free, informed and comfortable situation where you examine all the possible outcome and then make an educated decision.

This page is intended to solicit those buyers and sellers of homes that have been disappointed in the past. I welcome you to search for your next home on the Toronto West Homes website.

You will not be spammed or converted. Just look at listings. All of them.

Then call me.