Homes for Sale Niagara - the Niagara Real Estate Blog

Just Listed!! 21 Lisgar Street in St. Catharines

lorna.costantini — Mon, 23 Aug 2010 03:55:25 +0000

1300 sq.ft 3 bedroom Bungalow. Detached Double garage. Close to Rodman Hall Country-sized kitchen with Main Floor laundry. Hardwood floors, Great room with bay window & Fireplace New windows/doors & upgraded electrical (2009); New eves troughs, waterproofing in basement/installation of sup-pump (2010); roof ’04/’05; Easy access to schools, bus route, shopping and train station. Nine Foot Ceilings!!

Episode 2 of 14 – Helping You Determine Your Needs and Wants

lorna.costantini — Wed, 04 Aug 2010 02:49:38 +0000

This episode explains how you determine your needs and wants so that you can purchase the right home at the right price.

Episode 1 of 14 – Helping You with Financing Your Home Purchase

lorna.costantini — Wed, 04 Aug 2010 02:45:29 +0000

• Provides you with tips on organizing your home finances so you are prepared for your home purchase.

Don’t know where to start?

lorna.costantini — Sun, 30 May 2010 10:05:23 +0000

If you having been searching for advice and support while buying your new or resale home this is the place to come. You can post your questions by using the commenting function for this post.

What does 25, 35 and 40 year mortgages mean to me?

lorna.costantini — Fri, 05 Feb 2010 02:37:24 +0000

Basically it works like this. Your payment decreases as the number of years increase and the longer the mortgage the greater the interest paid.

Lower payments of a 40 year mortgage may help First time buyers qualify to buy a home. That may seem great when you are just starting out to buy a home but the interest paid over the years will also increase. Here is an example to explain what the difference.

Case A – $100,000 mortgage 5 year fixed 25 year mortgage at 5% interest rate – payment = $582

Case B – $100,000 mortgage 5 year fixed 35 year mortgage at 5% interest rate – payment = $502

Case C – $100,000 mortgage 5 year fixed 40 year mortgage at 5% interest rate – payment = $479

Case A Total Interest paid $74,482.96

Case B Total Interest paid $107,115.63

Case C Total Interest paid $129,829.71

So for a difference of $110 in monthly payments there will be a difference of almost $50,000 is added to the cost of your house.

Seek the advice of a professional lender for more details on how to best meet your needs and let me find a house that you can make a home.

First Time Buyer’s can use their RRSP’s for a down payment.

lorna.costantini — Fri, 15 Jan 2010 22:56:21 +0000

If you are looking for a way to find the money to make a down payment for the purchase of your first home than read about the Federal government’s Home Buyer Program.

Is spring a good time to sell?

lorna.costantini — Sun, 10 Jan 2010 13:57:38 +0000

Yes Yes and Yes It is true. Even if you don’t own your home I am sure that you have heard relators say that spring is a good time to sell your house. If potential buyers are planning a move during their summer holidays, they start shopping for now to allow for 60 to 90 day closings. It may take another 30 to 60 days to find the home that meets their needs making this time of the year one of the best times to market your home.

I am happy to provide you with a free home evaluation. You can find out how to sell your home and find the right market to compete with other homes for sale in St. Catharines, Niagara Falls and other cities in Niagara. When you are ready to make a decision to sell your home you will be prepared with a complete analysis of the market value of your home.

To receive your free home evlauation please give me a call at 905-688-4561 or email me directly lornacostantini@royallepage.ca