Open House - The Real Estate and Mortgage Show
Steve, Paul and Frank take all your real estate and mortgage questions. Is now a good time to list your house? Where are mortgage rates heading? These are some of the questions the guys tackle on another episode of Open House.
Among the topics discussed on this week's episode of Open House - The Real Estate and Mortgage Show are mortgage rates, rural properties, and what steps to take to make sure your home sells now.
With back to school top of mind for many Canadian families, many are wondering if now is the best time to put their house on the market. On this week's show, listeners learn that although we are trending towards a buyers market, it can still be a good time to list your home. The most important thing to remember is that with multiple homes on the market, the standout homes are the ones that will sell first. Thoroughly research homes for sale in your area and how they are priced, and hire a real estate agent with a detailed marketing plan.
Another important issue discussed this week is the importance of your credit score when applying for a mortgage. Ottawa Mortgage Broker Frank Napolitano stresses that one shouldn't wait until their credit is bad to fix it. As lending regulations tighten, a good credit score becomes even more important.