by Terry Lynch | Jun 9, 2016 | Articles
With the house-buying season now in full swing, some older parents are embracing the concept of ‘giving with warm hands’. During a recent Global Morning Show, a discussion centred upon parents helping children to acquire a home, in this difficult market. With prices...
by Terry Lynch | May 23, 2016 | Articles
One of the main problems facing the small entrepreneur today is funding. The big banks dislike risk and usually insist on a minimum of 3 for 1 equity ratio to guarantee a loan. Meaning you need to have at least $3 in security for every $1 you borrow. Usually as an...
by Terry Lynch | Apr 17, 2016 | Articles
What is one of the biggest problems facing realtors in this current market? In the GTA, including York and Durham regions the answer is simple – not enough product. In this hot market, properties are in great demand, bidding wars are the norm, so many hungry...
by Terry Lynch | Apr 12, 2016 | Articles
Are you pre-approved or pre-qualified? One area where home buyers and also Real Estate Professionals run into problems is failing to make the proper distinction between being qualified for a mortgage and being approved for one.Don’t assume that the bank will...
by Terry Lynch | Apr 12, 2016 | Articles
I don’t know if the allure of trying to sell one’s own property without help from a professional has worn off somewhat, but it seems that, in my neighbourhood at least, the numbers of signs “for sale by owner” seem to have diminished...