Elfie Hayes Mortgage Agent FSCO Lic M08001377

In an effort to provide accessibility under Ontario’s new “AccessON” program we are pleased to say we have taken the accessibility training provided by DREN, Durham Region Employment Networks.

What that means to our clients and business partners is the we do everything possible to offer access to our service, whether it’s in-home appointments due to mobility concerns, having someone attend and read for you if you have sight issues, bringing a service animal to our office, requiring email information rather than a phone call to overcome hearing loss. We also offer Skype if requested.

If you need access to our service, let us know how you would like us to provide it and we will do everything possible for you. We are committed to being one of the first businesses in our area to meet the requirements of the new Law.

Homeowner Default Management

Unforeseen financial circumstances can impact a borrower’s ability to repay their mortgage loan. With early intervention, cooperation and a well-executed default management plan, lenders and borrowers can work together to find a winning solution.

CMHC’s “Dealing with Mortgage Payment Difficulties” helps to prepare and educate homeowners on when and how to approach their lender to discuss the financial difficulties they may be facing in the repayment of their mortgage loan.

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When a situation is not understood a solutions can’t be reached. “Your Durham Mortgage Solutions Team” understands how to deal with less than perfect credit. Let us help you get a mortgage approval when others fail to help. We have the power of Mortgage Intelligence behind us! We also have the experience to use it! Contact us now!

First Time Home Buyers may be able to receive up to $2000 towards the cost of the Land Transfer Tax on their first home purchase. Full details are available at Land Transfer Tax.

This is just one way to save when buying a home in Canada.

Happy home buying!

Let the experience of Your Durham Mortgage Solutions Team guide you through the home buying process and get a great low rate for your Mortgage. Five full-time Licensed Agents and on-line applications will assure you get the right Mortgage to meet your personal financial goals.

Contact us today, Move into your Dream Home tomorrow!

Tips to get into the next home faster

The resale housing market is expected to remain at near record sales levels in 2010, according to The Canadian Real Estate Association. For homeowners looking to trade up, there are several things to consider before jumping back into the real estate market:

Don’t be afraid of rising prices. Homeowners often worry that strong housing prices will price them out of the market. But this is often offset by a higher asking price for their existing homes. Longer amortization periods, resulting in lower monthly payments, are another way to bridge the gap between the price of your current home and your next one.

Assess your home’s value. A real estate agent or mortgage broker can get you in touch with an appraiser who can prepare an assessment report for your home. Once you know what comparable properties have sold for, you can list your home at a realistic asking price.

Do your financial homework. Whatever the market conditions, bigger houses cost more to purchase, finance and maintain. Work closely with your mortgage broker to ensure you can make the move without compromising your other financial priorities. Bridge financing may also be required if your purchase overlaps the sale of your existing home.

Confirm your timing. Deciding whether to sell your current house before buying your next one is an important decision. Purchase offers with conditions based on you selling your current home will diminish the appeal of the offer. These days, many sellers by pass this by including long closing periods or rental provisions in their purchase offers.

Low rates, focused experience and knowledge, plus a helping attitude is what “Your Durham Mortgage Solutions Team” is all about. Why settle for less? Apply now & save.