I’ve been hearing rumours recently that CMHC was changing their financing criteria for real estate investment properties. Over the last couple of weeks,we’re heard about raising the minimum downpayment (New Mortgage Rules for Real Estate Investment in Canada) that an investor would need to put down on a rental property (that wasn’t owner-occupied, meaning the [...]
CMHC Mortgage Regulations to Restrict Real Estate Investment
by Benjamin Bach on 06. Mar, 2010 in Real Estate Investment
What to put in an offer when you’re buying investment real estate
by Benjamin Bach on 03. Feb, 2010 in Featured Post, Real Estate Investment
A friend of mine asked me this morning what clauses we usually put in an offer, when we’re helping our clients buy and sell an investment property in Ontario. While every purchase and sale will have unique features demanding custom clauses – often a few Schedules worth of them – most of the time, we [...]
What is the Bank of Canada doing with mortgage rates?
by Benjamin Bach on 13. Jan, 2010 in Featured Post, Real Estate Investment
Many people are speculating that the Bank of Canada will be raising rates. While the consensus amongst those I speak to is that rates have nowhere to go but up (and we are closing on a loan with a 2.4% interest rate on friday, so that’s a pretty solid perspective), the question seems to be [...]
Benjamin Bach, Sales Representative
Benjamin@BenjaminBach.com
Director, KW Commercial
a division of Keller Williams Golden Triangle Realty
519 772 4376 direct | 519 772 4377 fax | 519 570 4447 office | 9-871 Victoria Street North Kitchener, ON N2B 3S4 | Not intended to solicit anyone or properties under contract to another brokerage.