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Wandanna Melliphant - Specializes In Helping Mississauga First Time Buyers

~ November 2011 Mississauga ~ Condominium Apartment Sale Summary ~

Live, Laugh, Love & Enjoy Mississauga’s

Classy Yet Relaxed Lifestyle

~ November 2011 Mississauga ~

~ Condominium Apartment Sale Summary ~

The Mississauga condo market remains affordable with the median sale price of a condo being $238,000. This represents a good opportunity for first time buyers to purchase a condo at an affordable price.

Click Here For First Buyers Affordable Condos!

Click Here For A FREE Condo Market Evaluation

Click Links Below For Square One Condos By Price
Square One Condos Between $0 - $200,000
Square One Condos Between $200,000 - $249,999
Square One Condos Between $250,000 - $299,999
Square One Condos Between $300,000 - $349,999
Square One Condos Between $350,000 - $500,000

Click Links Below For Square One Condos By Name

Absolute Towers
Chicago Condos
Duke Of York Condos
Grand Ovation
Living Arts Towers
One Park One Tower
Onyx Condos
Ovation I Condos
Ovation II Condos
Solstice Condos
Ultra Ovation

*All information based on transactions reported and entered into the TorontoMLS system between November 1 - 30, 2011.
*Errors and omissions expected

Photo credit to : Microsoft Cliparts

Mississauga - 2011-Year-To-Date- Home Sale Summary Report

Live, Laugh, Love Enjoy Mississauga’s

Classy Yet Relaxed Lifestyle

November 2011 sales were strong and represented a healthy market for sellers and an affordable market for buyers considering mortgage rates remained attractive.

If you’re thinking of making a move in 2012 planning and preparation is the key to a successful sale! Click Here For Free Tips & Advise On How To Sell A House Fast For Top Dollars!

~ 2011-Year-To-Date- Home Sale Summary For Detach, Semi-Detach, Townhouses and Condo’s ~

~ November 2011 Mississauga ~

~ Detach Home Sale Summary ~

~ November 2011 Mississauga ~

~ Semi-Detach Home Sale Summary ~

~November 2011 Mississauga~

~Condominium Townhouses Sale Summary~

Click Here For Beautiful Mississauga Houses At Affordable Prices

* Iinformation based on transactions reported and entered into the TorontoMLS system between November 1 - 30, 2011.
*Errors and omissions expected

Photo credit to : Microsoft Cliparts

~ Mississauga ~ Real Estate Market Report ~ November 1st – 30th, 2011 ~

Live, Laugh, Love & Enjoy Mississauga’s

Classy Yet Relaxed Lifestyle

Sales in November were strong with properties being sold on average of 25 days on the market and at 98% of asking price. This represents a healthy market for sellers and an affordable market for buyers with the current mortgage rates remaining attractive. If you’re thinking of making a move in 2012 planning and preparation is the key to a successful sale! Click Here For Free Tips & Advise On How To Sell A Home Quickly For Top Dollars!

November 2011 Home Sale Summary For Detach,

Semi-Detach, Townhouses and Condo’s

Click Here To Find Lovely Mississauga Houses

* Information based on transactions reported and entered into the TorontoMLS system between November 1 - 30, 2011.
*Errors and omissions expected

Photos credit to: Microsoft Cliparts

Mortgage Pre-Approval Basic Requirements List

Thinking About Purchasing Your Dream Home?

Why not obtain a mortgage pre-approval first? A mortgage pre-approval helps you to establish your purchasing limit, locks in a mortgage interest rate for approx 60 -120days and more importantly it provides you with an estimate as to what your monthly mortgage payment will be, that way there are no surprises.

~ Here Is A Mortgage Pre-Approval Basic Requirements List ~

Click Here To Find Out The Benefits Of A Mortgage PreApproval.

1. Full names of all applicants along with Social Insurance Number (SIN).

2. Two valid pieces of id (e.g. driver’s license, passport etc.)

3. Applicants work history and address for the last three (3) years.

4. Job letter on company official letter head; including company name, address and telephone number. Important: job letter must be signed by the relevant person e.g. HR Manager etc.

5. Job letter should include applicant’s name, job title/position, length of service, annual salary and job status permanent or part time.

6. Provide documentation for any other source of income. E.g. offshore investments etc.

7. Last three months pay slips for all applicants.

8. Last two years of Notice of Assessment from Revenue Canada.

9. If self employed, copies of last three years financial statements, income tax returns and Notice of Assessment from Revenue Canada.

10. Banking Information: Bank name, address, account number and type of account held.

11. Prepare a personal net worth sheet with all your assets and liabilities. Click here for a free Assets vs Liability Analysis Sheet.

This is a basic requirement list, so be sure to speak with your mortgage agent, bank or financial institution about their specific requirement as it could vary.

Photo credit to: Microsoft cliparts

Is A Mortgage Pre-Approval Really Detrimental?

As a first time home buyer, you may view obtaining a mortgage pre-approval as detrimental to your credit. But, is it really half as bad as you think?

Let’s first examine some common first time home buyers reasons not to obtain a mortgage pre-approval:

1. They think checking credit is always bad.

2. They think a mortgage pre-approval is a waste of time.

3. Family and friends recommend finding a really nice house first and then seek a mortgage.

But, here is the real truth about a mortgage pre-approval and its benefits to first time home buyers.

1. Checking credit before making a major purchase may not always be bad. It can actually put you in the know. What if errors are on your credit profile? Wouldn’t you like to know so that you can make the necessary corrections?

2. Mortgages rates varies depending on several factors such as; job history, income, credit score, type of mortgage etc. Wouldn't you like to know the interest rate that applies to your specific situation, before signing on that dotted line for your dream home?

3. A mortgage pre-approval normally reveals your maximum purchase limit. As a first time home buyer the last think you would want to do is fall in love with a home that exceeds your pre-approval limit, as this can be very heart breaking. Remember you’re in the market to find a home not to have your heart broken.

4. Last but certainly not least, a mortgage pre-approval could be used a negotiation weapon if or when you find your dream home.

Thinking about obtaining a mortgage pre-approval but unsure as to what's required?

Click Here For A Mortgage Pre-approval Basic Requirements List.

Happy House Hunting & Good Luck!

Photos credit to: Microsoft Cliparts