…if you mess with the numbers.
When you apply for a mortgage pre-approval, the primary goal is to bring you some certainty in the home buying experience....
Your mortgage pre-approval means nothing…
Posted in
Buyer Tips
How to buy with less frustration in a seller's market
How much fun is home shopping right now?
It’s not, unfortunately.
The best homes are selling extremely fast, and if you even you a chance...
Statistics are like a bikini. What they reveal is suggestive, what they conceal is vital!
Fortunately, math and numbers are still things we can count on.
That said, things are not always as they seem on the surface.
As the Saskatoon real estate...
How does a lender determine how much money a home buyer can borrow?
I’ve been speaking with a home buyer who asked me to connect him with a mortgage person for a pre-approval.
A mortgage pre-approval is an important...
Tips to reduce Covid risks for home buyers, and to respect the seller's space
Covid, Covid, Covid. 
I’m sick of hearing about Covid and I’m sure you are too.
Unfortunately, Covid isn’t done with us yet!
...
Back-up offers and why you might consider making one on a conditionally sold home
Transcript
As the real estate market heats up, if you're in the market to buy a home, you're more likely to hear these words. "Sorry, that property's...
I'm celebrating that fact that the value of my home went down! Silly right? Maybe not!
Transcript
Oh, excuse me, I'm having a little celebration here because I just found out that the value of my house, came down 10%.
I know...
There's one thing about the property you buy that you can never change, so consider it carefully
Transcript
What I'm about to share with you might seem like a statement of the obvious, but it's remarkable, to me, how few people really give this the...
A verbal offer isn't worth the paper it's written on
Verbal offers serve one purpose; to "save time" for "professionals" who get paid well to not cut corners.
There's only one way to avoid misunderstanding...
CMHC announces tighter requirements for approvals beginning July 1, 2020
Posted on
June 6, 2020
by
Norm Fisher, Royal LePage Vidorra
The Canada Mortgage and Housing Corporation (CMHC) announced mortgage default insurance rule changes this week that will impact home buyers using their...
Three things you must not do if you have applied for a mortgage loan
Posted on
June 5, 2020
by
Norm Fisher, Royal LePage Vidorra
This short video will shed some light on what a lender is looking for when they view your mortgage application and gives you three things that you should...
Buyer Beware: This real estate commission plan could have your agent working against you.
Buyer Beware: This real estate commission plan could have your agent working against you.
If you're in the market to buy a home you should definitely be...
One of our listings burned down - Now what?
One of our listings burned down.
Not completely burned down, but $100,000 in damage kind of burned down.
To complicate matters, we already had an accepted...
How we're helping our clients limit physical contact while buying of selling a home
Posted on
March 16, 2020
by
Norm Fisher, Royal LePage Vidorra
We're all focused on reducing our exposure to Coronavirus. Businesses are busy figuring out ways to help customers through this challenge.
I've received...
You must have a home inspection if you plan to use the buildings on the land
Someone on my team is working with a buyer who had an interest in writing an offer on a specific home.
They HAD an interest.
My team inquired with the seller's...
Paperless operations increase speed and efficiency for the client
I made the move to a paperless life and business about six years ago.
At that time, what I liked most about it was that I no longer needed to think about,...
If your agent lies to you, you've been pushed into fantasyland, not a good place to buy or sell a home
Little white lies
In a world in which lies are all too common, it's easy to overlook small white lies, puffery, and even deceitful marketing practices that...
An overview of changes to Canada's mortgage stress test
Posted on
February 21, 2020
by
Norm Fisher, Royal LePage Vidorra
Here's a short video I produced to explain the changes to Canada's mortgage stress test that were announced on February 20, 2020, and take effect in April...
My Top Three Tips for a Stress Free Possession Day
Buying a home can be a stressful experience. Possession day challenges can drive a stable person insane on a day that should be super special for you and...
One simple mistake that could derail your home buying negotiation
In this two minute video, I share a jaw-dropping experience from my past and explain how home buyers are increasingly falling victim to a modern technology...
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