Bernie Carlos "Real Estate"

It didn't look good for awhile and sometimes downright depressing but here's to full circle.

68 Keith st listed and sold $540,000

Market Rates These are Rates from other Financial service providers. Please contact us for any questions. Period Interest Rate CLOSED RATES... 6 Months 3.09 % 1 Year 1.79 % 2 Years 1.79 % 3 Years 1.79 % 4 Years 1.79 % 5 Years 2.04 % 7 Years 2.94 % 10 Years 3.3 % OPEN RATES ARM/VRM P+/- 0 % 6 Months 5.75 % 1 Year 3.45 % See more

Housing and the election Canada’s main political parties have been unveiling housing promises ahead of the federal election this month. Here are some highlights:... Liberals: Introduce a new tax-free First Home Savings Account that combines features of both an RRSP and a TFSA, allowing Canadians under 40 to save up to $40,000 towards their first home. Double the First-Time Home Buyer Tax Credit from $5,000 to $10,000 Ban new foreign ownership This would be a temporary measure that would ban foreign money from purchasing non-recreational, residential properties in Canada for 2 years Increase the insured mortgage cut-off from $1 million to $1.25 million Introduce a Home Buyer’s Bill of Rights: a ban on blind bidding establishing a legal right to a home inspection ensuring transparency on the history of recent house sale prices implementing a publicly accessible beneficial ownership registry requiring real estate agents to disclose all participants in a transaction when they are involved in both sides of the sale ensuring banks and lenders offer mortgage deferrals of up to 6 months in the event of a job loss or major life event Conservatives: Remove the stress test when a homeowner renews a mortgage with another lender Adjust the mortgage stress test to stop discriminating against small business owners, contractors and other non-permanent employees, including casual workers Increase housing supply by building one million homes over the next three years NDP: Re-introduce 30-year amortizations on mortgages for entry-level homes for first-time buyers that are insured by the Canada Mortgage and Housing Corporation (CMHC) Create at least 500,000 quality, affordable housing units over the next 10 years Introduce a national 20% Foreign Buyer’s tax

The solution to "Blind bidding," in real estate is simply obligate the seller to sell if their asking price is met by the buyer. This will prevent the seller to purposely under price their property in order to attract more prospective buyers creating a false market wasting everybody's time in the process since they really have no intention to sell at the listing price. We don't need government intervention just the right list price will eliminate all the games now prevalent in this current market were experiencing.