Sean Prosser
400B Central Ave N6E2B2 London, ON, Canada

QUICK CREDIT ADVICE It is often more beneficial to keep an old credit card open than it is to close it. Your credit history will stay on your file for up to 7 years. Having a card for this entire duration will positively impact your overall score. If you wish to no longer use it, SWITCH the account to a no annual fee option and keep it. Even if you have been late on a couple of payments it can usually be explained and overlooked when applying for a loan provided it is a... one off situation. Closing the card will not help your overall and could negatively impact it. Remember DURATION (how long have you had open credit) UTILIZATION (what percentage of open credit is used) REPAYMENT HISTORY (showing you make payments on time) All have a factor in your score. Please let me know if you ever have any credit related questions.

Best Practices to Prepare YOUR HOME for an Appraisal Appointment. In the days leading up to your scheduled appraisal inspection, you may ask yourself What can I do to ensure my home is well prepared for the appraiser? It is important to recognize that when the appraiser arrives at your home, he or she is at the beginning of the appraisal process. Following the inspection, the appraiser will... thoroughly research market activity and determine how your home relates to the data collected. The appraiser will not actually determine the subject property’s value until the end of the process. You do not need to accompany the appraiser during the property inspection; however, it would be valuable if you are available when they need any information about your home. In addition, you should keep the following items in mind: Housekeeping Appraisers will look past most clutter, as they are evaluating the physical characteristics of the home. The laundry doesn’t need to be done; however tidying up on the day of the appointment will go a long way toward making a good impression. Remember, the appraiser will be taking interior and exterior photos to include in their appraisal report. Maintenance It is recommended that your repair minor things like leaky faucets, missing door handles and trim, broken windows, etc. Additionally, the exterior of the home and surrounding property should be well maintained. Accessibility You should make sure that all areas of the interior and exterior of the home are accessible, especially areas leading to an attic or a crawl space. One last item to keep in mind: In order to maintain independence, appraisers are prohibited from discussing value issues or other details of the appraisal report with you. If during or after the appointment a homeowner has questions about the value or would like specific information about the appraisal report itself, that information must be obtained through your Mortgage Broker and not directly through the Appraisal Firm.

With a federal election coming up October 21st this year, the rules and regulations surrounding home ownership seem to be a hot topic of debate. Conservative Leader Andrew Sheer has shared some of his ideas on how to make the dream of home ownership a reality for more Canadians. What are your thoughts on having a lower monthly payment, however taking longer to pay back your mortgage?

Thank you to all my clients, partners, friends, and family for your ongoing support Let's continue to grow togetherSo much more to come

One of the most common misconceptions in regards to purchasing your second home is that at least 20% is needed for a down payment. Just like when you purchase your first home, you often are able to purchase your second home with as little at 5% down, provided you pay a default insurance premium. The default insurance will be added to your total mortgage and will be paid back over the duration of your mortgage.... The only amount due up front is the PST portion (8%) of the total premium.

New Listing! Cedarhollow Community 1907 Cedarhollow Boulevard, London, ON 4 Beds | 3.5 Baths | 2682 Square Feet Call / text 519.317.4460 to book your showin...g! Listing Description: Welcome to 1907 Cedarhollow Boulevard, located in the Cedarhollow Community of London, Ontario. This stunning home built by Auburn Homes in 2010 features close to 2700 square feet of living space, 4 bedrooms and 3 bathrooms and a double car garage. Loaded with upgrades throughout, some of which include; two gas fireplaces, many windows with California shutters, large mudroom with built-ins, second floor laundry and office space, as well as a fully finished lookout basement. Let the kids and pets run free in the fully fenced backyard, or make it your relaxation retreat. Live within close proximity to great schools, shopping, nature trails, Fanshawe Park and many more amenities! Book your showing today to view this home in person, you’re sure to be impressed.

Thank you to all my clients, partners, friends, and family for your ongoing support Let's continue to grow togetherSo much more to come

New Listing! Cedarhollow Community 1907 Cedarhollow Boulevard, London, ON 4 Beds | 3.5 Baths | 2682 Square Feet Call / text 519.317.4460 to book your showin...g! Listing Description: Welcome to 1907 Cedarhollow Boulevard, located in the Cedarhollow Community of London, Ontario. This stunning home built by Auburn Homes in 2010 features close to 2700 square feet of living space, 4 bedrooms and 3 bathrooms and a double car garage. Loaded with upgrades throughout, some of which include; two gas fireplaces, many windows with California shutters, large mudroom with built-ins, second floor laundry and office space, as well as a fully finished lookout basement. Let the kids and pets run free in the fully fenced backyard, or make it your relaxation retreat. Live within close proximity to great schools, shopping, nature trails, Fanshawe Park and many more amenities! Book your showing today to view this home in person, you’re sure to be impressed.

London is booming!

What a rollercoaster it has been for rates in 2019! At the beginning of the year there was much talk about 2-3 increases, and now there is speculation of 2 possible decreases. With current offered fixed rates and variable rates being essentially even, this may mean variable rate will continue to be the money saver in the long run.

Client Focused. Community Driven.

We would like to thank each one of you who stopped in yesterday for our grand opening! It was a fabulous day, and we look forward to a great year with all of you! #communitydriven #clientfocused

Client Focused. Community Driven.