1. Interest rates – Are they going up? Don’t wait, get pre-approved and lock in now while the mortgage rates are low.
2. HST – To save 8% on your legal fees, home inspector charges, moving expenses, etc. ensure your closing date is prior to July 1, 2010.
3. Timing – A new flood of houses will be coming on the market this Spring due to the recent bidding frenzy wars.
4. Buy First or Sell First? – Buy first. Don’t get caught selling your home and scrambling to buy something you have to settle for.
5. TDSR – What is your Total Debt Service Ratio? Talk to a mortgage specialist to determine what to expect regarding any penalties when you sell and new interest rates when buying.
6. Call Ken Finch regarding information on everything above; 416.520.5544
