KITCHENER – WATERLOO CONDOS & LOFTS FOR SALE

Posts tagged “loft apartments

Do Your Due Diligence when looking for your next Condo or Loft – Kitchener Waterloo Condo for sale

The buying process can be a confusion one at the best of times and its easy to forget things with all the stress of looking, doing offers etc. Make sure you make a list of wants, needs and the important things you are looking for in a new home. Have a look at the video to hear my thougths on some of the important ones.


Mortgage Pre Approvals.. why they are a good idea! – Kitchener Waterloo Condos for sale

Before you start your home buying search a great first step is to get a mortgage preapproval from your bank or mortgage broker. There are a few key reasons as to why. Have a look at this video to hear some helpful advice.


Inspectors, Lawyers, Mortgage Brokers and Realtors. Putting together the right group – Waterloo Homes for sale

Part 2 in my series on what buyers should be aware of  when looking for a new place. Make sure you put together a great group of professionals to help you with the process. Have a look at the video to hear my thoughts….


Less than 25% of Condos For Sale are in the paper or open house- Waterloo Condos and lofts for sale

 

Did you know that less than 25% of Condos  that are for sale on the market show up in the paper or are open to the public on the weekend?
 
Watch this short video to find out the best ways to find your next place.

Special Assessements When Buying a Loft or Condo – Waterloo Condo and Loft

If you have been looking for a new condo or loft in the Kitchener Waterloo area make sure that you get a status certificate on the building and have your lawyer do a good look through of the documents… Watch the video to hear my thoughts as to why.


Read the documents before signing – Waterloo Homes and condo for sale

If you are in the process of buying your first home or moving up to a larger one… make sure you read the mortgage documents before signing. See the video to hear my thoughts…..


Kitchener Condo developer gets $200,000 boost for Grants into home ownership

$200,000 Grants for Options For Homes Ownership Assistance in Kitchener
First-of-its-kind Home Ownership

Kitchener – For many, the purchase of a new home is the single largest financial decision made in one’s lifetime. This is especialy true for first-time buyers.

At such a time, it is easy to let excitement cloud the magnitude of costs that go into purchasing a home. Taking the next step into home ownership can seem overwhelming when considering a mortgage and/or condo fees, not to mention saving for the initial down payment.

Options for Homes is proud to announce that it has secured access to $200,000 loan financing to assist individuals looking to purchase their first home. The loans are provided by Home Ownership Alternatives Non-Profit Corporation, a mortgage brokerage licensed with the province. This is the first time in Kitchener that such a program has been offered.

Up to $10,000 per applicant is available in a loan to use towards the required down payment of a new property. The loan requires no payments until the unit is re-sold sometime in the future.

The program does not provide 100% of the required down payment. Successful applicants must have some personal funds to contribute to the initial purchase. For example, a prospective home buyer can approach Options for Homes with a as little as a $1000 down payment and apply to make arrangements for the balance of the 5% down payment.

“With 80% of Tanglewood purchasers being first-time buyers, there is a need to support individuals to make home ownership possible,” says Jan Ciuciura of Options for Homes. “We have found that mortgage payments are not the largest deterrent in the decision to buy, but rather saving for the initial down payments. Thanks to Home Ownership Alternatives, we now have a tool that works to help first-time buyers to make their dreams come true.”

The loans are available to be used at Options for Homes’ 120 units Tanglewood Condominium project, located in the community of Laurentian Hills in the southwest corner of Kitchener. These multi-generation units, ranging from Bachelor to Three Bedroom apartments, cost between $120,000 and $260,000. From Kwnow.