SHOULD YOU LOVE IT OR LIST IT?

SHOULD YOU LOVE IT OR LIST IT? Source: www.mortgagearchitects.ca
The results from a recent survey shows renovation spending reached close to $70 billion – an especially impressive figure as it is $20 billion more than Canadians spent on new homes in the same year.
If you are considering doing some sizable renos to your home (not talking about replacing your door knobs) to appeal to buyers, it may be tempting to do it yourself, however it is best to hire a reputable professional. A job not done correctly can cost you more in the long run. In addition, large-scale home renovations (additions, full-kitchen renos, etc.) do require significant capital. A great option is to use your existing home equity to invest in renovations. Talk to me regarding your financing options. Home Renos That Give You The Most Return On Your Investment Bathroom & kitchen renovations 75%-100% Exterior & interior painting 50%-100% Basement renovations 50%-75% Window/door replacement 50%-75% Flooring upgrades 50%-75%

Mortgage Brokers have access to multiple lenders, allowing you to get the best options and prices for your mortgage. They work independently, on your behalf, to search out the best lenders who understand and specialize in mortgage financing. With a Mortgage Broker, you can be confident we won’t leave you alone to find a mortgage that’s right for you. We’re on your side every step of the way. Steven Porter. Steven is a licensed Mortgage Agent with Mortgage Architects, a Certified Reverse Mortgage Specialist (CRMS); Seniors Real Estate Specialist (SRES) and Accredited Buyer Representative (ABR). He can be reached at 1-905-875-2582; steven.porter@mtgarc.ca or online at 1800Mortgages.ca