The Mortgage Minute - April 2019 Edition

Penny Wrightly - Mortgage Broker

Mortgage Architects #12728

penny@hometowngroup.ca
705-734-6804
http://www.wealthbypenny.com

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How to work from home more EFFECTIVELY!!!

 

Do you work from home? Today we are going over 9 ways to work more effectively from HOME ☕️🏡

1) Create a Dedicated Work Space
2) Get Dressed 
3) Interact with you Co-Workers (if you have some)👫
4) Take Deadlines Seriously..
5) Schedule your Breaks
6) Clock Out ⏰
7) Exercise (at least 20 mins in the morning)
8) Go Somewhere else once a week (coffee shop)
9) Maintain a Social Life💃



The Top 10 Reasons to Hire a Real Estate Professional-Agent

 

Here are some tips when hiring a Professional Agent to work with:

The Top 10 Reasons to Hire a Real Estate Professional:

Education and Experience

Buffering Help

Neighbourhood Knowledge

Price Guidance

Market Conditions Information

Professional Networking

Negotiation skills and Confidentiality

Handling volumes and paperwork

Answer questions after closing

Develop Relationships for future business 

At the Mortgage Centre- Hometown Financial, we have partnered up with Real Estate Professional Agents who can help and guide you to achieve your Home Owner Goals

Please reach out to us and let us know if you are looking to Purchase, Buy and Sell, Upgrade or downgrade your existing properties, we would Love to connect you to the Professional from our Team 

 



Purchase Plus Improvement - Mortgage Insurance Program

 

Purchase Plus Improvements - Mortgage Insurance Program

The Mortgage Centre-Hometown Financial has partnered with Genworth Canada to bring you a complete "Purchase Plus Improvement Guide" to help you with each step of the process.

Download the Guide today!



Refinance Low, Buy Low

 

Most people sell their small property and upgrade into a larger property. When they do this, they are selling high and buying high or they are selling low and buying low.  

Since the market has dropped since that crazy peak we saw a couple years ago, a better solution could be to refinance your current property, keep it and rent it out, then purchase another property at current market lows. 

For example, if your condo is worth $500k and you have a $200k mortgage on it, you could pull out $200k in equity. This $200k in equity can then be used to purchase up to a $1.0 million dollar home. It may be easier than you think when everything is structured properly!

You're not forced to sell your condo and you get to upgrade into a bigger home.

This also works for purchasing rentals. 



12 RIDDLES TO TEST YOUR PERSONALITY TYPE

 

This fun 10-minute video hosted by Bright Side has over 3 million views.

Some of the "tests" are familiar and there are some new ones that I had never seen before.

Scientists believe that the way we see things depends on how our brain interprets information while other researchers have proven that the personality is directly linked to how the brain is structured and how it functions. 

Basically, the way we see things can reveal nuances about our personality and these riddles are a fun way to check them out.

Have you ever wondered what your IQ is? The average IQ is between 90 to 100.

About 68% of the population is between 85 and 115. 

125 to 134 is gifted. 140 to 145 is genius.

Take this IQ test to get your score!!

These are the 25 hardest riddles ever. I only got 2 of the answers. 

And here are 50 Elephant Jokes for Kids.



Canadian home sales dropped 4%, average price down 5.5% in January

 

The Canadian Real Estate Association says last month was the weakest January for residential sales since 2015, with the number of transactions down four per cent nationally from last year. The association says about 23,968 properties were sold through the Multiple Listing Service in January, down from 24,977 a year earlier.

CREA says the national average price for all types of residential properties sold in January was $455,000, down 5.5 per cent from the same month in 2018 — the biggest year-over-year decline for a month since May 2018.

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