Did you know that there are Buyers out there in the Real Estate market today, who think that if they buy a house from a “for sale by owner” that they will save money. Most “For Sale By Owners”, decide on the value of their home by figuring out what they “need” to get out of it.   As we all know the value of a house is not based on what the Seller “needs” to get out of it, but rather by what other, similar houses in the area have... [read more]

  How much can you afford to buy with the new mortgage rules? This chart should give you a few ideas. What you qualify for also depends on what you owe, credit rating & a few other things. Lets sit down over a cup of coffee or tea and chat. Contact Bonnie at 416-578-9622 or bonnie.bonnie-paul@rogers.com   [read more]

Did you know that when you are ready to purchase a property you will hear the word insurance, over and over again.  Mortgage Insurance, Life Insurance, House Insurance Who do you know that has no idea why they have to pay for mortgage insurance, when they’re buying a property with less than a 20% down payment. The reason buyers pay mortgage insurance is to protect the lenders money.  Yes that’s right, buyers pay to insure the lenders money.  If the Buyer,... [read more]

We are Bonnie and Paul Jones and we are Full-Time Realtors with Sutton Group Heritage Realty. First time home Buyers are going to be hard pressed to get into home ownership, given the recently changed lending criteria? Who do you know that will be trying to Buy their first home in 2017? They would be a great referral for us.  We love working with first time home Buyers. With competing offers, lending restrictions and low inventory first time home Buyers have a very small window... [read more]

Over the last few years, more purchase offers have fallen apart due to financing than in the past couple of decades combined. Financing has become that challenging, and few people realize it until they actually write an offer and make the application. When it comes to mortgage financing, while money may never have been cheaper… it’s also never been harder to get. Get preapproved!!! [read more]