Thursday, March 22, 2012

Protect Your Privacy.

Why Privacy?



..Privacy matters. TREB and its Member REALTORS® have helped create the MLS® system, which ensures the highest-quality real estate system in the GTA. Some material on MLS® is publicly available through REALTOR.ca, however TREB safeguards personal information as guided by privacy legislation to protect the privacy rights of Ontarians.



The Competition Bureau is taking action that would force TREB to abandon the safeguards in the MLS® system and make personal information publicly available on the Internet. Seller’s name and address, floor plans, sensitive property access information, negotiated sale price, and mortgage details could all become available.



REALTORS® have an obligation to protect consumers’ personal information. So TREB and REALTOR® Members are fighting back for the privacy rights of consumers.



Privacy matters. TREB is standing up for GTA consumers.

Wednesday, March 21, 2012

The Importance of Pre-approval



The Importance of Pre-approval



Pre-approval can be a very valuable step towards purchasing a home. Many home buyers get pre-qualified for a home loan early on, and then become pre-approved before beginning a serious home search. By completing your mortgage application prior to choosing a home, you can get a pre-approval letter stating how much home you can afford.


Your pre-approval letter lets you know exactly how much you can spend, and it shows home sellers and real estate agents that you're serious about buying a home. This may give you leverage in the negotiation process. Many sellers actually prefer to work with pre-approved buyers, especially in hot real estate markets.


To find a mortgage professional and get started with your pre-approval for a loan, please call or email me. My goal is to provide you with practical information as you consider your next move, and I look forward to working with you.

Why Would you get Pre-Qualified for a Home Loan?

Know Your Borrowing Power


When shopping for a home in the GTA/Mississauga you can save yourself a lot of time, energy, and disappointments by taking time to find out how much borrowing power you have. With that knowledge you can focus your search on homes you can afford. In addition, if you get lender confirmation of your purchase power you can negotiate with increased leverage and confidence. Thus, a smart move on your part is to determine your financial qualifications for a loan before you even begin to look at homes. How can you do that? Get pre-qualified and/or pre-approved.



Get pre-qualified



This process will give you a general idea of what you can afford. It is an estimate based on a surface review of your income and debt. You can pre-qualify yourself or you can have either a real estate agent or mortgage lender handle this for you. If you choose to pre-qualify yourself, you can use one of the many online mortgage calculators designed for this purpose. Most mortgage lenders have these calculators available on their web site.



When lenders pre-qualify you they ask questions about your income, total debt, monthly payment obligations, current employment, payment history, and any negative factors such as bankruptcies. Generally, they do not perform an analysis of your credit report. They rely on you to provide accurate financial information. There is typically no cost for a pre-qualification analysis nor is there a commitment by either you or the lender with respect to a future loan.



Get pre-approved.



The pre-approval process is more detailed and thorough than pre-qualification. You will be asked to complete a mortgage application, and some lenders charge an application fee. The lender verifies all of the information on your application and reviews your credit report. If you qualify, you will receive a written commitment – a pre-approval letter – for a loan up to a specified amount subject to certain terms and conditions. This commitment is still not a guarantee that your loan will be approved when you do settle on a home to purchase. Your loan commitment is finalized after information about the property, including an appraisal, is submitted and approved.



Even though pre-approval is not a loan commitment, it offers a number of advantages during the home buying process. You know the maximum amount you can spend so you don’t waste time looking at homes that are beyond your price range. You are also more attractive to sellers because you already have financing squared away. This is really to your benefit in a sellers’ market in which the home of your dreams might have multiple competing offers. In any market, pre-approval strengthens your negotiating position because you come to the table with the money to back your offer.



Pre-approval can be particularly helpful for first-time buyers as well as self-employed persons or those paid on commission. If you are a first-time buyer in competition with similar buyers who have already demonstrated their ability to meet a monthly mortgage payment, you may find your offer in a weaker position in the eyes of a seller. Sellers may also have doubts about your ability to get financing. Self-employed buyers or those working on commission sometimes do not have the financial documentation or “paper trail” of salaried persons. Some sellers see this as a red flag. A pre-approval letter in either of these circumstances helps because it demonstrates that a lender has already considered your financial situation and is ready to proceed with the loan.



Regardless of the approach you take, ask your mortgage lender to clearly explain what is involved in each process and any fees, commitments, terms, and conditions that apply. Then let the search for your ideal home begin.

For information on all your real estate needs. Give me I call. I would be happy to help you.



Lisa Portolese, Sales Representative
Royal LePage Kingsbury Realty, Brokerage
30 Eglinton Avenue West, Suite 200
Mississauga, Ontario, Canada
Bus (905) 568-2121

Email LisaMovesYou@Rogers.com

Website http://www.lisamovesyou.ca/

Thursday, March 15, 2012

Home Remedies for Getting Rid of Wee Irish Mice




Home Remedies for Getting Rid of Mice




When you’re experiencing the pitter-patter of little feet and it’s not a walking, talking bundle of joy standing on two legs, you may have a furry intruder in your home that needs attention. Hiding in a kitchen cabinet or tucked away in the corner of a shed, mice find ways to enter the cleanliest of homes, apartments, and other human dwellings. When the thought of using poisonous bait or inhumane traps is too much to bear, consider the following home remedies before resorting to other tactics.


Signs of a Mice Problem [1]

A mouse is a nocturnal creature, meaning they do their dirty work when the sun has set and the lights are out. Mice are rarely spotted during the day unless a heavy infestation exists. Usually, a mouse problem is detected with one or more of the following signs:


•Droppings: Mouse feces are moist, soft, shiny and dark, becoming dry and hard within a few days. Old droppings will look dull and grayish in color.

•Little Holes: When small holes with chewed edges appear on items, such as cereal boxes, this is a dead giveaway that a critter is gnawing away at your packages. Scan your pantry and look for tooth marks and shredded paper.

•Sound: At night, you may hear unexplainable movement, as well as gnawing or scratching in the walls or an attic.

•Odor: Mice can cause a musty odor to infiltrate your home.

•Nests: Hidden in boxes, mice will use chewed paper and cloth to create a nest for themselves in basements, attics, sheds, and drawers

Mice Home Remedies

When it comes time to get rid of mice, many people wish to repel and drive out critters before clearing away traps, locating dead carcasses hidden in walls, and shelling out the money to hire an exterminator. If you are looking for home remedies to get rid of mice, consider the following suggestions:


a) Peppermint and Peppermint Oil:

In just about every home remedy circle, you will hear that mice cannot stand the scent of peppermint or peppermint oil. Soak a cotton ball in the oil of peppermint and place it at a suspected entryway.


b) Remove Food Supply:

While mice enjoy a nice meal of cereal grains and crumbs, they will also adapt to anything else they can sink their teeth into. If you remove their food supply, most mice are forced to look for other places to eat. Remove edible temptations from low kitchen cabinets. Place cereal and other boxed items in glass containers and plastic Tupperware.

c) Mint:

Keep new mice from entering your residence by adding mint plants to the foundation of your house. If you are already battling a mouse problem, sprinkle mint leaves in the parts of your home that the mice like to frequent. Mint is known to repel mice in most cases, but you must remember to replace old leaves with fresh ones on a regular basis.


d) Bay Leaves:

Some people have been successful in keeping mice away by sprinkling bay leaves in their kitchen and about the pantry.


e) Mothballs:

Mice have a reputation for setting up shop in a shed or garage for the winter season. If you place mothballs around your garage, mice will look for other places to live. In the house, mothballs are used to deter mice from kitchen cupboards, drawers, and other storage spots.



f) Steel Wool:

Mice enter your home in the most creative manner, but once you have pinpointed an access point, use steel wool to block their way. The material is much harder for mice to gnaw through than other options, like wood and newspaper.



g) Onions:

The smell of onions has helped some individuals solve their mouse problem, as they say the odor is offensive to the pests.



h) Baby Powder:

When you are having a problem locating the point of entry of your uninvited guest, use baby powder (or flour) to check for tracks. Scatter a small patch on the floor along a wall or other frequented places. Some people like to bait a mouse by placing a cracker with a bit of peanut butter in the middle of the patch. Hopefully, you can locate their access point or at least, determine the direction in which they originate.



i) Ammonia:

Some people have driven away their mouse by leaving small bowls filled with ammonia in the places they like to frequent. It is said that the scent repels mice.



j) Peanut Butter:

Are you looking for an effective bait to lure your unwanted visitor? The next time you lay traps, use peanut butter as bait – a treat that a mouse cannot resist. Since the peanut butter is sticky, he or she is unable to swipe it before setting off a trap [2].