Monday, December 13, 2010

Skate In A Park


Just a reminder from the City of Toronto: Jim Melvin, PMA Architects, that this skating park is now open for business.

It is Toronto's first skating trail at Colonel Sam Smith Park at the bottom of Kipling that is totally dedicated to leisure skating. A 250 - metre figure - eight loop runs through parkland that has been planted with native trees that will eventually grow to provide a natural environment.

The Trail features:

- the power hosue containing indoor change facility and washrooms.
- a small skating circle for beginners
- a 250-metre loop of artificial ice
- a small pond to filter water runoff from snow and rain and serve as a naturalized wet land to attract birds, turtles and frogs
- lighting system throughout trail with speakers for state of the art sound system located in the power house
- hundreds of native trees such as Norway spruce and white cedars as well as numerous types of berry trees to attract birds. The area is a glyway for migratory birds.

Now, how exciting is this!! Because our winters a little long, let us embrace it and go skating. Outdoor skating is such fun. All you need to do is bring your skates and away you go. There should be enough room for all,.

Maybe I'll see you there one day. I'll be the lady trying to keep skating because I don't know how to stop.

Compliments of Betty Bartusevicius
Fine Homes in 905

Sunday, December 12, 2010

Happy Holidays



I would like to wish all of you the safest holiday season. Enjoy being with your families, loved ones, and friends. I would like to thank all who have enriched my life by just letting me inside their family circle, even for a short while, and allowed me to fulfill their dream of owning a new home. If I helped you sell your existing house, I certainly hope that you were satisfied with my services.

Happy Holidays to All

I look forward to being of further assistance to you and and I hope that you consider introducing me to those who are considering making a real estate move in the coming year. It will be a start to a new decade and I can't wait to see what 2011 will bring to us all.

Have a Safe and Happy Holiday Season

Betty


--

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: http://www.bettybart.com/AgentProfile/contactme.cfm
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL INTRODUCTIONS ARE GREATLY APPRECIATED

this is not intended to solicit buyers or sellers under brokerage contract

Tuesday, December 7, 2010

Re/Max Housing Outlook for 2011


The following article was provided to me by Michael Polzler, Regional Director, RE/MAX Ontario-Atlantic Canada. Enjoy the article.

Residential values expected to climb further in 2011 as housing sales stabilize in most major centres, says RE/MAX

Mississauga, ON (December 7, 2010) - Although improved economic fundamentals will have a positive impact on Canadian housing markets moving forward, the forecast for residential real estate sales remains static in most major centres in 2011, according to the RE/MAX Housing Market Outlook Report released today by RE/MAX.

"In terms of resale housing activity, what many are talking about as the new normal is actually a return to the traditional real estate cycle," says Michael Polzler, Executive Vice President, Regional Director, RE/MAX Ontario-Atlantic Canada. "The past decade was truly unprecedented - never before have we experienced a run up that was as strong or lasted as long. As we have digressed from the typical pattern, people have forgotten what the usual healthy cycle looks like, but all the hallmarks are there. Ample inventory levels, steady demand, and moderate growth, both in terms of sales and prices, will characterize the market in 2011. While the pace may appear lackluster in comparison to what we've grown accustomed to, it underscores the principles of real estate 101: The market is cyclical. All boats rise and fall with the tide."

Take a look at the Market Watch and you can do some comparing of the market in the past few years. All is available for you to read, or give me a call to discuss further. The market is cyclical. It goes up, prices get adjusted, interest rates go up and down. The Bank of Canada rate has been pretty steady, but that never guarantees that the individual banks will not raise their rates. The Bank of Canada has said that they will not be raising interest rates in the near future and it is possible that they may re-adjust slightly down if the US market still remains slow in recovery at the beginning of 2011.

Don't kid yourselves, homes are selling. They are selling quickly. It is more important than ever to price your property correctly in order to get it sold. If you're just testing the market, you're making a mistake. I don't believe that this is the time. Be serious and it will fall your way.

2011 is going to be an exciting year. Many changes in the real estate market. There are so many predictions. To discuss any concerns that you may have, feel free to give me, Betty, a call directly at 416 427 1875. Let's keep this line of communication open.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email:betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL INTRODUCTIONS ARE GREATLY APPRECIATED

this is not intended to solicit buyers or sellers under brokerage contract

Thursday, December 2, 2010

Improve Your Credit Score, Mississauga Homes For Sale


Over the last few months, I have been gathering information about Credit Scores. The conversation comes up quite often now that I have children that have graduated, or are close to doing so, and are heading out into the working world. I have chatted with brokers on how to maintain a good credit score. I have suggested to my clients about how to repair their credit scores.

I have had clients that have had a poor credit score. With proper guidance from a financial expert, the credit scores have been improved and the final result was the purchase of a home.

Many clients are very concerned about what they don't understand...CREDIT SCORES! Here are some tips to help improve your clients credit scores:

1. Know your score. The score range in Canada is 300 to 900 – the higher the better – and reflects a person’s credit history over the past six years. Only 5 per cent of Canadians have a score of 850 or better. Checking your score periodically can alert you to mistakes as well as credit fraud.

2. Pay your bills on time. Making a credit card payment even one day late will hurt your score. If you’re paying online, send the payment at least three banking days before it’s due to allow enough time for the transaction to be processed. Setting up a small automatic payment to your card issuer each month will ensure you never forget to pay at least the minimum.

3. Never exceed your credit limit. If you’re close to being maxed out, make sure you pay more than the minimum or the interest due could push you over your limit. Going even $5 over your limit could lead to a costly fee from your credit card company and will hurt your score each month it happens.

4. Don’t apply for store credit cards. Even if you’re just after a one-time discount for signing up, these cards, with interest rates as high as 29 per cent, are viewed negatively by the credit bureau and drag down your score.

5. Spread out your spending. The percentage of available credit you’re using each month affects your score, so it’s better to have two charge cards at 50-per-cent capacity each than one that is maxed out.

6. Prioritize your payments. Important as they are, mortgage payments generally are not reported on Canadian credit reports, so it’s more important to make your credit card, loan and lease payments on time.

7. Beware of closing accounts. Even if you’re in a dispute with a lender, make your payments. A missed payment will show up on your credit report, can really hurt your score and is very hard to fix. When closing an account, get it in writing that it was closed with a zero balance.

8. Don’t close unused credit cards. If you have a low-interest card you don’t use, keep it open and use it periodically. Having a zero-balance credit card actually helps to improve a low score.

9. Don’t apply for too much credit at once. Don’t lease a car, sign up for a new cellphone and apply for a loan all in the same month or two. The credit bureau sees this as a sign of financial trouble. Beware, also, of being preapproved by several lenders before you’re ready to buy. Although you can check your own credit rating without penalty, preapprovals from lenders count against your score.

These are just a few points. If you have any further questions, let me get my team in motion to get you the right answers and on your way to your desired results. If you have any questions or would like to discuss how I can help, feel free to call me directly at 416 427 1875.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

EXPERIENCE IS NOT EXPENSIVE; IT'S PRICELESS!

Help Me Get to 50 Friends on this Facebook Page; Click and Like me Please

DON'T KEEP ME A SECRET!! ALL REFERRALS ARE GREATLY APPRECIATED

Wednesday, December 1, 2010

Mortgages


Mortgages, mortgage rates, and interest rates have been on our minds lately. In order to be comfortable in purchasing a home, these topics become extremely important. The following article may explain some information that may help in the decision process of mortgage choices and payment plans to pay it off faster. I have now gone beyond being 'approved' for a mortgage and am asking my buyers to get a 'Letter of Commitment' from your lender.

Posted by Jason Reis of Monster Mortgage

"Most people who go shopping for their own mortgage get sucked into the bank's "low rate game". They think, "as long as I can get the lowest interest rate from my bank, I will be able to pay off my mortgage sooner rather than later." As we have seen time and time again, people who play this game ALWAYS LOSE! Rarely do they walk away with the best mortgage rate, terms and conditions that will allow them to be mortgage free faster so they can contribute to their bottom line and not their bank's.

At MonsterMortgage.ca, I have worked with many individuals and their families to help them understand how a mortgage is much more than just a low fixed or variable mortgage rate. In most cases, the cheapest and lowest rate almost always comes short of the necessary features and flexibility you need to make sure your mortgage plan helps you pay down your mortgage faster. This is when the old adage “you get what you pay for” applies to your mortgage as well.

If you want to be mortgage-free faster, it is extremely important to understand what the pre-payment privileges attached to your mortgage are and the restrictions and flexibility that surround them. The pre-payment option in a mortgage is the only way you can pay down the principal of your closed mortgage without being charged a penalty. Terms such as “locked-in”, “closed” and “pre-payment penalty” are found throughout the mortgage documentation and we understand how this terminology makes it difficult for anyone to believe there is any flexibility when attaining a mortgage that is right for you. This is no accident as your bank DOES NOT want you to pay off your mortgage faster. Remember, the longer you take to pay down your mortgage, the more money your bank makes!

The fact and reality is that all mortgages will offer some sort of option to pay down your principal, but it is understanding the parameters offered that will make all the difference. The pre-payment option will encompass two methods of paying down your mortgage principal; 1. the ability of increasing your regular payment up to a specified maximum of your original payment amount and 2. applying a lump sum payment amount onto the mortgage up to a specified maximum of your original mortgage balance each year. Both options will vary depending on the lender as to what the parameters of frequency are and what the maximum percentage is set at. The percentages can range from as low as 5% to as high as 25% for each method and can really dictate the remaining life of the mortgage.

This is where an unbiased mortgage agent can be of most value as we can scan and understand all lenders products, not just one bank’s, so we can find you the most suitable mortgage product with the terms and conditions that works best for you, not the bank."

Thank you, Jason.

For further information or to connect with a Monster Mortgage Specialist, feel free to contact me directly at 416 427 1875. Let's get the process started to help you towards the purchase of a home.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL INTRODUCTIONS ARE GREATLY APPRECIATED

this is not intended to solicit buyers or sellers under brokerage contract

Monday, November 29, 2010

Money Management - Portfolio Check Up


As we get closer to the end of 2010, it's time to think about the changes that we will be making with our finances and investments. What a great time to talk to John Scholl to discuss our options.

Here is another article that John is sharing with us:

Your personal health is important to you. That’s why you have periodic check-ups, follow your doctor’s recommendations on diet and exercise, and take your medications. Your financial life is also important to you. That’s why you should periodically perform a portfolio check-up and follow this prescription for maintaining its health.

Why a check-up?

For two very good reasons:
1) the value of each investment in your portfolio will change over time as a result of fluctuations in its market value. By periodically rebalancing your portfolio, you’ll get it back on track to reaching your financial goals.
2) your financial situation and goals change over time – and that means your portfolio probably needs to be revamped to meet your evolving needs.When to check-up?

You get statements from your bank, mutual fund investments, registered plans, stock purchases and sales, and your other investments. Review them at least every three months to compare your current returns against your longer-term goals and overall financial plan and if you’re off-track, make changes. Your prescription for portfolio health.

Here are a few important strategies for successful investing:
- Follow a planned asset allocation strategy by constructing – and, very importantly, maintaining – a portfolio with a mix of investments across the three principal types of financial assets (cash, fixed-income vehicles and equities) that balance risk, create diversification, and will deliver the long-term returns you need to reach your financial goals.
- Diversification is always the right way to go – even to the point of looking beyond Canadian markets. International markets don’t always follow Canadian or U.S. patterns. By adding foreign investments to your portfolio, you can lessen volatility and add the opportunity for enhanced returns.
- Balance is the key. Experts and study after study agree that a balanced portfolio strategy is best over the longer term. Avoid chasing ‘winners’ and quickly dumping ‘losers’. If you do that, your portfolio is bound to become seriously unbalanced.
- Rebalance to match your tolerance for risk. Your optimal asset mix depends on your age, income expectations, retirement dreams and much more – and it should contain investments that allow you to sleep comfortably at night. When the mix is right for you, you are not overly concerned about volatility or which asset class is performing or not performing at any particular time.

Your financial plan is not written in stone; it’s a reflection of your changing life. A professional planner can help you perform a portfolio check-up that maintains your financial health.

John Scholl, CLU (Chartered Life Underwriter),CGA, B. Mathematics, Financial Consultant
Investors Group Financial Services Inc. & Investors Group Insurances Services Inc.
Phone: (905) 450-2891 X529

The above connection is compliments of:
Betty Bartusevicius, Sales Representative
RE/MAX Realty Specialists Inc., Brokerage
905 828 3434
Directly: 416 427 1875
EMAIL; betty@bettybart.com

Monday, November 22, 2010

905 Specialist


What makes someone your neighbourhood specialist? I am a specialist in the 905 area, but not the entire 905. In my experience in real estate sales, I have concentrated my energy to see every available home that is possible for me to see and compare. So in reality I need to concentrate and specialize on specific communities within the 905. This gives me the time to do extensive research on these particular neighbourhoods so that I can best serve both buyers and sellers with information about a community and the people. Viewing potential homes outside my comfort zone, will not help my Buyer clients.

I concentrate in Mississauga, in particular Lorne Park, Port Credit, Churchill Meadows, Credit Mills, Sheridan Homelands, Sherwood Forrest, Clarkson, Rattray Marsh, Levi Creek, Meadowvale. Oakville is also across the road. The neighbourhoods here are Joshuas Creek, West Oak Trails, Bronte, Iroquois Ridge, Old Oakville, to name but a few.

I believe selling or buying your home can be a satisfying experience and I have the perseverance, negotiating skills and ability to listen, to make that happen. When you allow me to assist you in your real estate endeavours, you will receive the highest level of professionalism and service. No gimmicks, no high pressure sales tactics - just a quick, efficient and profitable experience in purchasing your dream home or in selling your existing house.

I can provide you with access to some of the finest Mississauga and Oakville real estate on the market today. Some of these homes are featured on Betty's Pic of the Week that is updated on a regular basis. Take a look at the Watercolours update that I provide twice a month with ALL activity in that prestigious neighbourhood. Condo living, waterfront properties and properties of luxury are all there for you to see.

With the resources on my website and the commitment and experience that I provide, the process of finding your dream home becomes more streamlined and straightforward. Let me provide you with a personal touch that has been slowly disappearing. I have improved my technical skills, but I haven't forgotten about the human touch.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes in 905
905 828 3434
416 427 1875
betty@bettybart.com
bettybart.com

Thursday, November 18, 2010

Condo Living in Mississauga


Don't miss this opportunity to purchase a unit at 880 Dundas Street West in Mississauga. This sun soaked Unit in The Kingsmere On The Park has just had a makeover. New flooring was laid in the kitchen, living room, and foyer. The unit has just been freshly painted with a great neutral color. Floor to ceiling windows gives you maximum light and gorgeous views. Fantastic location. Mississauga Public Transit has a stop in front of building with direct access to the TTC. Walk to the grocery store.
Nothing for you to do, except move in and enjoy the sun and your views.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Fax: 905-828-2829
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL INTRODUCTIONS ARE GREATLY APPRECIATED

this is not intended to solicit buyers or sellers under brokerage contract


Thursday, November 11, 2010

My First Raptor Game of The Season


Well, I finally went to my first Raptor game the other night. I took a few hours off and my hubby and I went on a date!! I knew what I was getting into as the Toronto Raptors do not have a great record this year, and most nay-sayers are predicting even a worse season than when they started.

I was more disappointed with the condition of the centre. Hubby is very fortunate to score a couple of seats at least to one game a season. (In previous years, one of the kids went with him). I remember going and the place at least looked clean. I looked at the condition of the seats and they are well worn and torn. There was garbage on the floors - peanut shells, empty cups, etc. I was under the assumption that this place got, at the very least, swept after every game. I guess when you assume.... The number of fans was not great. Taking a walk at half time used to be a chore. But, you would bump into people you don't see very often. Most are fans of the game, as we are. This time, however, we walked freely. There were NO lines for beer drinkers (I don't think it's because there were no drinkers there).

The Raptors lost :( That's okay. We did enjoy a lively attempt at a comeback in the fourth quarter. We left with about 45 seconds remaining in the game. We didn't want to fight the 'BIG' crowds leaving.

I'm looking forward to the next game.

Betty Bartusevicius
Fine Homes in 905

Monday, November 1, 2010

Mortgages: Bank vs Mortgage Broker


When meeting with a client for the first time, I try to gather as much information about the buyers as I can while keeping the buyers as comfortable as possible. We have to discuss finances. Not a comfortable subject when you don't know eachother. It is very important to get your finances in order as you start your journey into home purchase. The more information that you can gather, the easier your journey will become. One of the mortgage broker's that I have recommended in the past has provided some information that might be useful to you. Read on and make your own conclusions.

What your bank does not want you to know

A lot of clients come to us with a familiar situation: Two, three or four years ago they were tempted by what seemed like reasonable rates to lock into a 5 year mortgage. Now, needing to break their mortgage - to pay out some debts, renovate, and so on - they are presented with a penalty that seems to bear no relation to reality, a penalty sometimes running $5,000, $10,000 or more. The primary reason for these high penalties is the use of “posted rates” by the banks. It sounds great to get a large discount from these bank posted rates until you realize that when you break your mortgage, they will come into play again, this time in reverse. Banks will calculate your mortgage penalty as if they had given you the higher, posted rate, and that high rate makes for the excessive penalty you pay.

To deal with this penalty, banks typically present clients with a few options: clients can break the mortgage and pay the penalty and start again with a new term at today’s rates, or they can accept a ‘blended’ rate which extends their mortgage back out to 5 years at a rate that combines their current mortgage with the going market rate for a 5 year term. No penalty needs to be paid up front because the fee is buried in the new ‘blended’ rate.

So clients are tempted with the same offer: rates that seem reasonable, and the possibility of locking those low rates in for another 5 years. The conversation your bank doesn’t want to have with you is the one that outlines what your new penalty will look like down the road if you need to break your mortgage again. Which, statistically, you will probably want to do. Remember, before signing on the dotted line...GET THE FACTS YOUR BANK WON’T TELL YOU.

What you should know

So what is the right thing to do in this situation? The short and easy answer is that if the cost of breaking your mortgage, (including any associated costs like discharge fees and legal fees) is less than what you will save over the remaining length of your current term, then it is advisable to break your mortgage and reap the benefits. Even with high penalties that sound extravagant, we have helped clients save thousands of dollars breaking their mortgages.

Beware of the temptation to lock back into a 5 year mortgage with your current lender. After all, if you are considering breaking your mortgage before your term is up, you are just doing what the banks know their customers will do: most Canadians will not see their mortgage through to the end of their 5 year terms. So why, knowing this, would the banks recommend that their clients lock in to 5 year fixed rate mortgages? Because the bank will get its money whether you pay them faithfully for 5 years, or whether you pay them a penalty after 3.

We do things differently. MonsterMortgage.ca will assess your personal situation to uncover the most suitable lender and product so that you get the mortgage rate, terms and conditions that are right for you...and NOT YOUR BANK!! And because many of the over twenty lenders that we recommend our clients use do not use posted rates, if locking in at today’s historically low rates is the right strategy for you then you can avoid a harsh penalty should you need to break your mortgage down the road. By opting for variable mortgages, or a shorter fixed term mortgage, many of our clients avoid these large penalties altogether.

So the question is, why do many people lock back in to a term they probably won’t complete? Habit I guess, and a history of the banks selling you advice that contributes to their bottom line and not yours. We are all creatures of habit. Call me today and break your bank habit. We will review your mortgage and present you with a strategy that helps you pay down your mortgage faster.

Compliments of:
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
OFFICE: 905 828 3434
DIRECT: 416 427 1875
EMAIL; betty@bettybart.com
WEB SITE: www.bettybart.com

not intended to solicit buyers or sellers under brokerage contract

Thursday, October 28, 2010

Managing Your Money, Financial Planning


Here is another article to give you some help in planning your financial future. It's never too late. John gives some sound advice. Some of us didn't start planning early enough, but now, with the availability of advice, we can get going and get our children involved so that they can be more prepared for the future.

Financial Planning Pays Off

Value – according to a pair of long-term, in depth studies by two of the country’s leading professional standards and investment organizations, that’s exactly what Canadians get when they engage in thorough financial planning with a professional advisor. Value that pays off in the twin benefits of financial and emotional wellbeing.

The Value of Financial Planning -- a comprehensive five-year research study by the Financial Planning Standards Counsel (FPSC) -- delivered real empirical evidence that Canadians who engage in financial planning are far better off than those who don’t.

Among the report’s findings:

• Of respondents who engage in comprehensive planning, 51% said they were on track to reach their desired lifestyle in retirement, compared to just 18% of those who don’t receive any financial advice.
• The research also revealed that of individuals who engaged in comprehensive, integrated financial planning:
*61 % felt confident they would be satisfied with their desired lifestyle in retirement, compared with 27% with no financial planning.
*most also felt that they had improved their ability to save, had greater peace of mind, are less concerned about their financial situation, and feel better about having discretionary income to be able to lead the life they want.
A second report – The Value of Advice: Report2 – from the Investment Funds Institute of Canada (IFIC) drew similar conclusions:
• Third party empirical data (from Statistics Canada, Ipsos Reid and others) showed that when Canadians choose financial advice, they accumulate more assets and are better prepared, financially, for retirement.
*74% of advised households agreed that they feel confident that they will have enough money to retire comfortably.
*71% of advised households agreed that a year from now, they will be financially better off than they are today.

The IFIC report highlighted the wide range of valuable services that professional advisors provide for their clients, including: setting and achieving planning targets; choosing the right vehicles and plans; setting the right investment mix; and delivering customized solutions based on individual choice and personal goals.

As these studies confirm – and as so many Canadians have already discovered for themselves -- financial planning pays off. Get the value you deserve by talking to your professional advisor today.

The first phase of the study was conducted by The Strategic Council for FPSC, August 2009 to January 2010 and surveyed 7,300 Canadians. 22010 Value of Advice: Report, IFIC, July 2010

John Scholl , CLU (Chartered Life Underwriter),CGA, B. Mathematics,
Financial Consultant - Investors Group Financial Services Inc.
& Investors Group Insurances Services Inc.
Phone: (905) 450-2891 X529 Toll Free: 1 (866) 799-2223 x529 Cell (416) 731-3660

Shared by:
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please
PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL INTRODUCTIONS ARE GREATLY APPRECIATED

Wednesday, October 20, 2010

First Impressions In Real Estate


The Importance of First impressions

In a hot spring real estate market, even homes that don’t give the greatest first impression will sell. As the Spring market starts to cool, the listings that show well will be the ones that sell faster and for a better price. A house that isn’t properly prepared may struggle to sell. Staging and preparing a home for sale is more critical now than ever before.

While interior decorating concentrates on making people feel more at home in their interior space, the objective of staging is to make the home more marketable inside and outside. Staging usually involves getting rid of clutter and “depersonalizing” a home. Most buyers have difficulty seeing themselves in someone else’s space. Clutter and/or an imbalance of furnishings or colours can throw them off. As part of my service, I try to educate my clients about how staging a home for sale can make a huge difference in the outcome of the deal. It can be difficult to get sellers to pack away the family photos. A professional stager has the ability NOT to be insulting to the seller. If a sellers’ home is cluttered, painted with bold colours, or in need of a major clean-up, I will suggest the services of a professional home stager.

Just as a home inspector investigates and reports on a home, a home stager will evaluate a home’s curb appeal and saleability. This service is provided so that the odds that my seller will achieve a higher selling price. Of course, the property must be priced accurately.

I have increased my knowledge of staging and can help clients stage their homes for little or no cost. I do believe that the services of a professional stager can give sellers an edge when competing for listings. Staging services range from simply rearranging furniture to emptying a house out and filling it with rented furniture. The cost for staging can range from $30 to $150 an hour with the majority of jobs taking less than a day to complete.

What do buyers want?

The ability to see a clean space with neutral coloured walls and a limited number of personal items so that buyers can see themselves in the space. It is important to have something in a room. Empty rooms seem smaller and some buyers have a hard time seeing what furniture would fit.

When staging a home, we cannot forget the outside. Walkways, paths and driveways should be clear of clutter and garbage as well as snow and ice. If you have had your backyard landscaped, it could be suggested to the homeowners that they create a display of photos. Finally, it’s important in winter to make sure a sellers's house is warm for viewings, but not too warm. A lit fireplace and or candles creates a nice atmosphere but should never be left unattended.

The homeowners should take a tour of their home and property and note any areas that need attention. I usually suggest windows should be clean, the front door should be freshly painted and the interior of the home is neat, clean, well-lit and odour free. Cooking odours and pet odours that homeowners tend not to notice may be offensive to potential buyers. Kitchens and bathrooms should 'sparkle', as should all mirrored surfaces.

If you are thinking of putting your home on the market and would like to discuss how to get the best price in the least amount of time, let me put my team to work. Let's meet and talk things over.

Give me a call directly at 416 427 1875.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

LET ME GIVE YOU A HELPING HAND
EXPERIENCE IS NOT EXPENSIVE; IT'S PRICELESS!


DON'T KEEP ME A SECRET!! ALL REFERRALS ARE GREATLY APPRECIATED

this is not intended to solicit buyers or sellers under brokerage contract

Bathroom Renovations


It doesn't matter how large or small your budget, renovating your bathroom is a good idea to make your home a more saleable property.

Bathroom decor, and color of fixtures, can really date the home. Buyers today want a new or updated bathroom. Because of this, they will often dismiss purchasing a home if the bathroom is old and outdated. The investment put into a bathroom has almost a 90% return. So, the expense of redoing it is completely worth it. This may be by doing a simple renovation all by yourself granite or going to the high end with a contractor and designer to complete the washroom.

Budget is obviously a huge factor in deciding what type of bathroom renovation you would like to do. A budget must be set. The budget depends on how elaborate you want to be - is it going to be a do it yourself project (DIY) or require will you require help from professionals.

The do-it-yourself cost savings

Going the more basic route would not involve any major construction, just changing it cosmetically. If you like the existing layout but the cabinetry is outdated, a smart solution would be to just paint the current cabinetry to give it an entire new look. Many older bathrooms have linoleum flooring or even carpet on the floor which never works well in a bathroom. A smart idea that is cost effective and very simple to use, is the use of peel and stick tiles. They cost about a dollar per square foot and can be put directly on top of the existing flooring which saves a great deal of time and money. Another great idea to have your sink and bathtub look new without purchasing new ones is to have it re-glazed. You can switch colors from that outdated harvest gold to a clean the hardware and faucets can make a huge difference also. Lower cost options that appear beautifully can be found at home improvement stores all over. A bright new paint color that resists mildew also creates a bright new fresh atmosphere in the bathroom. Many older bathrooms have antiquated tile that looks bad. There are two ways to remedy this, you can usually paint right on top of the tile or re-tile yourself with new inexpensive tile. It is not too difficult to do and can be learned at free workshops in your community.

Using A Contractor

If you decide to go high end and renovate your bathroom at a top level, then hiring a bathroom specific designer would be the optimal choice. Make sure that your vision is clearly understood by all of the workers renovating your new room. Buyers now, want a huge, spa like bathroom that is large and updated in its amenities.

These are just a few ideas. The DIY projects can apply to flooring, kitchens, and many other projects around the home. Feel free to contact me directly at 416 427 1875 to discuss what buyers are looking for in a home. A fresh idea doesn't cost you anything. My discussions are free.

Now, let me know how I can help you sell your house or find you a new home. I look forward to future discussions.


Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: http://www.bettybart.com/AgentProfile/contactme.cfm
Web Site: http://www.bettybart.com

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this is not intended to solicit buyers or sellers under brokerage contract

Thursday, October 14, 2010

Feng Shui, Mississauga


I have taken many courses in Feng Shui and have spoken to many who follow the beliefs. Some are guided by this form of belief others just use some ideas to make some changes in their lives.

I read something that was absolutely inspirational today. I would like to share with you some aspects of it. I am not preaching, but some of the ideas here really make sense.

1. Give people more than they expect and do it cheerfully.
2. Marry a man/woman you love to talk to. As you get older, their conversational skills will be as important as any other,
3. Don't believe all you hear, spend all you have or sleep all you want.
4. When you say, "I'm sorry", look the person in the eye.
5. Never laugh at anyone's dreams. People who don't have dreams don't have much.
6. In disagreements, fight fairly. No name calling.
7. Don't judge people by their relatives.
8. Remember that great love and great achievements involve great risk.
9. When you lose, don't lose the lesson
10. Remember the 3 R's: Respect for self; Respect for others; and Responsibility for all your actions.
11. When you realize you've made a mistake, take immediate steps to correct it.
12. Smile when picking up the phone. The caller will hear it in your voice.

If you can think of others, let me know and I will add it to the list. These thoughts have travelled the world from the Anthony Robbins organization.

With all the news that we hear during the day, these are just thoughts that might give you an 'AH HA' moment or maybe even make you smile. Let me know!

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh FiveOffice: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.comWeb Site: http://www.bettybart.com

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PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL REFERRALS ARE GREATLY APPRECIATED
this is not intended to solicit buyers or sellers under brokerage contract

Saturday, October 9, 2010

Interest Rates Update, October 2010


The article included below was provided to me by Kristian Harris of Monster Morgage. It was written by: Michael Babad of Globe and Mail. This update was
posted in October 2010.

Bank of Nova Scotia expects short-term borrowing costs to remain at ultra-low levels well into next year as the global economy moves into a "slower lane of growth."
In a new forecast, Scotiabank economists, like others, say the rebound that began midway through last year has lost "considerable momentum," notably in major industrialized countries where government stimulus is expiring and consumers are cutting back. Central banks will in turn hold the line on the exceptionally low interest rates used to fight the recession.

"Monetary policy in this environment is expected to remain exceptionally accommodative well into 2011, keeping short-term borrowing costs at essentially 'rock-bottom' levels for the foreseeable future to help bolster market liquidity, facilitate refinancing activity, and promote borrowing-to-buy," the report says. "Japan recently lowered its benchmark rate to 'zero,' and undertook another round of government bond purchases. Similar stories are likely to play out in the United States and the United Kingdom where stumbling economies, fiscal restraint, and deflationary concerns have surfaced."

Scotiabank projects that the Bank of Canada will hold its benchmark overnight rate at 1 per cent until the third quarter of next year, and then hike by one-quarter of a percentage point, followed by a half-point increase in the fourth quarter.
Economists believe Friday's jobs report from Statistics Canada, which showed the labour market cooling somewhat, will stay the Bank of Canada's hand. It next meets Oct. 19.

"Renewed solid job gains will be tough to come by in the months ahead amid the lacklustre pace of underlying growth," said BMO Nesbitt Burns deputy chief economist Douglas Porter. "This solidifies the view that the Bank of Canada is now on hold. "
The Federal Reserve will remain near zero until the fourth quarter of 2011, followed by a projected quarter-point hike, the European Central Bank will stay at 1 per cent until it brings a quarter-point increase in the fourth quarter, while the Bank of England will stay at 0.5 per cent until the third quarter, then raising by a quarter-point, and another quarter point in the following quarter, Scotiabank predicts.

Kristian Harris
Mortgage Broker
Direct: 416.818.1645

Thank you, Kristian. Keep watching for more news. Things are changing all the time. If you would like to discuss your financial status regarding the purchase of a home, call Kristian directly at 416 818 1645. If you would like to discuss further, call Betty at 416 427 1875 and let me help you with all your Real Estate needs.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc. Brokerage
905 828 3434
Fine Homes in 905
Directly at 416 427 1875
betty@bettybart.com
bettybart.com

Thursday, September 23, 2010

Managing your Money, Mississauga


Once again, John Scholl has provided a very interesting article regarding financing so that I can pass it along to all of you. We're all very concerned about what's going on with the economy at this time. We hear different stories of what to do with our finances. This is some sound advice. Here it is:

From John Scholl:

Thought I’d better pass you another Managing your Money column. This has to do with the income tested pension credits and OAS and how to avoid the clawback.

You know on one hand the CRA says we have the right to organize our affairs to minimize our tax payable , but read this quote defending the clawback.

Quote – “anyone in a clawback situation should not generally be concerned but rather be proud of their ability to be self-sufficient”.

What a bunch of hooey. I’m sorry but unlike CPP which is funded by a pool generated by CPP contributions from an employee and employer, the OAS is paid from general tax revenues. In other words, I’ve been paying for other seniors OAS all the years I’ve been working and now they feel justified in not paying out my share. Did you know they want to change the time honoured (ahem) name from OAS CLAWBACK to OAS REPAYMENT ( I guess the visual of a claw raking in your money would get us too riled up)

MANAGING YOUR MONEY

Steer clear of the clawback

The government obviously loves seniors, as they receive benefits from a variety of tax assisted benefits and tax credits not available to others. However, these benefits are income-tested, in that there may be claw-backs on Old Age Security (OAS) payments and the Age Credit. OAS is a monthly benefit available to most Canadians age 65 or older. However, you will be required to repay 15 per cent of the amount by which your net income for tax purposes – including your OAS pension – exceeds $66,733. If your taxable income exceeds $108,152, you will lose your entire OAS benefit to the clawback.

Age Credit is a non-refundable tax credit available to Canadians age 65 or older. For 2010, the maximum amount that can be claimed as an Age Credit is $6,446, but this amount is reduced by 15 per cent of your net taxable income in excess of $32,506and disappears completely once your taxable income reaches $75,479.

Steering clear and keeping more – strategies that work for you

The key to avoiding OAS and Age Credit clawbacks is to keep your taxable income to the absolute minimum required to meet your needs – using strategies like these:

Pension income splitting
You can allocate up to 50% of ‘eligible pension income’ – including payments from a Registered Pension Plan (RPP) at any age and Registered Retirement Income (RRIF) payments at/after age 65 – to your lower earning spouse, which usually reduces your family’s overall tax bill and clawbacks.

Other income-splitting strategies
You can gift or loan assets to your spouse for investment purposes, contribute to a spousal RRSP (if your spouse is under age 71), and/or change who pays for daily living expenses and who invests. Withdraw the minimum for your RRIF. RRIF withdrawals are fully taxable, so consider withdrawing only the minimum each year. If you have a younger spouse, base your withdrawals on their age – this will produce a smaller minimum withdrawal.

Invest in TFSAs
Contributions to Tax-Free Savings Accounts generate tax-free investment income. As well, payments from a TFSA are not taxable, so do not result in clawbacks. Seek non-registered investments that offer preferential tax treatment. Only 50% of the capital gains generated by equity investments are taxable income, which may result in less of your income being subject to clawbacks.

Another strategy to consider is tax-advantaged or switch funds, which allow you to buy and sell investments without paying any taxes on capital gains until you leave the fund structure. This allows you to defer tax payments to a year when your income is lower.

With the right strategies you can pay less tax, avoid clawbacks and preserve your wealth. But talk them over with your professional advisor to be sure you are following all of the often difficult tax rules and doing what’s best for you.

Regards
John Scholl, CLU (Chartered Life Underwriter),CGA, B. Mathematics, Financial Consultant - Investors Group Financial Services Inc.

Feel free to contact John Scholl for further sound information. Call me at 416 427 1875 to get the telephone number and allow me to direct you to John.

Thank you John, for a great article.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
905 828 3434
Direct: 416 427 1875
betty@bettybart.com
bettybart.com

Friday, September 17, 2010

"SOLD"


You have heard it a dozen times, "Your house will sell". Every realtor that knocks on your door, or telephones you, will tell you that they can get the best price in the shortest amount of time for your house. There are a few steps that 'should' be followed in order to get the end result - a SOLD sign on your lawn.

These are just a few. I am not going to cover the advertising aspect of selling your house, that's for another day. But, you do want to hire a Realtor that will bring the most eyes onto your property.

Here we go:

1: Hire a 'full time Realtor'. This is not time to be fooling around with part-time agents. Don't hire your best friend, cousin, or your hairstylist who may be working as a part-time realtor. You are selling what is your most valuable asset. This involves a lot on money. Understand your marketing plan that will be set out by your realtor.

2: Don't beat your listing agent up over the commission. Marketing real estate properly costs money. Don't limit the amount of money your listing agent will have available for marketing.

3: Listen to your Listing Agent regarding pricing. We do know what we're doing. We are following homes sales and solds all day, every day. It doesn't matter what your neighbour "thinks" you should get for your house, but what a qualified buyer is willing to pay for your house. A good Realtor will be able to show you all the comparable data of homes that sold, how quickly they sold, and why the sellers got what they got for the listing.

4: You may want to think about getting a "PRE"-inspection done on the house. This will help you get minor fix-ups done, and possible hidden major fix-ups, to send a signal to buyers that you are serious about selling your house.

5: Make the home move-in ready as much as possible. I'm not talking about cosmetics, although that would help. I'm talking big ticket items. eg. roof, furnace, air conditioning, etc.

6: CLEAN CLEAN CLEAN. It should sparkle. There should be no odors.

7: Hire a professional home stager. At the very least, get a consultation so you know exactly what needs to be done to make it more appealing to the greatest number of buyers.

These are just a few ideas. Of course there are more and I would be happy to sit down and discuss all your real estate needs with you. Even if it's just to chat about what's going on in your neighbourhood.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

LET ME GIVE YOU A HELPING HAND

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this is not intended to solicit buyers or sellers under brokerage contract

Thursday, September 16, 2010

Home For Sale, Lorne Park, Mississauga


This home is located in prime Lorne Park location. Offering a spectacular backyard wuth an award winning Bonavista Pool-Hot Tub. A cabana with a 2 piece washroom. This backyard offers complete privacy. This home was given the Award Of Merit For Excellence In Urban Design. The living room has a cathedral ceiling and a 2-sided fireplace. Walkout from the formal dining room to a covered porch. Enjoy an eat-in centre island in the kitchen that also offers a pantry, computer desk and walk-out to patio and pool. All bedrooms have ensuites. The finished basement includes a games room, a wet bar, a recreation room, a gas fireplace, a 5th bedroom, and a gym.

For more pictures of this lovely home click here.

Also inclluded are the fridge, cooktop, dishwasher, built-in oven, built-in microwave, 2 central air conditioners, 2 furnaces, central vacuum & attachments, 2 garage door openers and remotes, electric light fixtures, security system, sprinklers, night lighting, inrgound pool and hot tub, cabana with 2piece.

If not this home, perhaps I can show you something else? If you would like to know the market evaluation of your home, click here, fill in the short form and I will call you. How easy is that?

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

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PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL REFERRALS ARE GREATLY APPRECIATED
this is not intended to solicit buyers or sellers under brokerage contract

Thursday, September 9, 2010

11 Rules Your Kids Did Not and Will Not Learn In School, Mississauga


A few days ago, many of us celebrated our children going back to school. Others, dropped their loved ones at different universities or colleges so they can continue their education. I no longer celebrate in the same manner. I still have one young adult in university. He hasn't started his 3rd year, yet. He starts the second week of September. I watch the little ones walking to school with their new school bags and holding their parents hands and I think back to those wonderful days. Of course, we do see our kids grow up and we look forward to the day when they begin their lives away from the comfort of their own homes. It will happen.

I have been fortunate to pick up a real cute article by Kent Summers. The article was titled:

Bill Gates Speech: 11 Rules Your Kids Did Not and Will Not Learn In School
Rule 1: Life is not fair - get used to it.

Rule 2: The world doesn't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

Rule 3: You will NOT make $60,000 a year right out of high school. You won't be a vice-president with a car phone until you earn both.

Rule 4: If you think your teacher is tough, wait till you get a boss.

Rule 5: Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping: they called it opportunity.

Rule 6: If you mess up, it's not your parents' fault, so don't whine about your mistakes, learn from them.

Rule 7: Before you were born, your parents weren't as boring as they are now. They got that way from paying your bills, cleaning your clothes and listening to you talk about how cool you thought you were. So before you save the rain forest from the parasites of your parent's generation, try delousing the closet in your own room.

Rule 8: Your school may have done away with winners and losers, but life HAS NOT. In some schools, they have abolished failing grades and they'll give you as MANY TIMES as you want to get the right answer. This doesn't bear the slightest resemblance to ANYTHING in real life.

Rule 9: Life is not divided into semesters. You don't get summers off and very few employers are interested in helping you FIND YOURSELF. Do that on your own time.

Rule 10: Television is NOT real life. In real life people actually have to leave the coffee shop and go to jobs.

Rule 11: Be nice to nerds. Chances are you'll end up working for one.

There has been so much sad news in the papers, on TV, and on the radio. I thought that this would bring a new a few smiles and a chuckle to those with children who are in post secondary education or heading out to the real world of jobs and opportunities.

Let's smile and laugh and pass it on.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL REFERRALS ARE GREATLY APPRECIATED

Wednesday, September 8, 2010

Interest Rates Update, Mississauga


Thank you Kristian Harris of Monster Mortgage for the following article. Great up-to-date information that keeps us on our toes. I got this just as the news came out regarding the rise in interest rates. It's not much and as you will see in the article. It still keeps the rate by the Bank of Canada low and affordable my many.

Enjoy the article. If you have any questions after you have read it, feel free to contact me at 416 427 1875 or Kristian at 416 818-1645.

Interest Rates Go Up

...even with .25% increase the variable is still attractive at 2.35%...
Carney hikes rates, cites uncertainty.

Bank of Canada governor leaves room to pause at next meeting following three straight increases in benchmark

Jeremy Torobin

Ottawa — Globe and Mail Update Published on Wednesday, Sep. 08, 2010 9:03AM EDT Last updated on Wednesday, Sep. 08, 2010 9:24AM EDT

Bank of Canada Governor Mark Carney raised his benchmark interest rate for the third straight time Wednesday, but left himself room to pause at his next scheduled decision by saying that while borrowing conditions in Canada remain “exceptionally stimulative,” the overall economic climate is fraught with “unusual uncertainty.”
In the statements on his decision to lift the overnight rate by another quarter of a percentage point to 1 per cent, Mr. Carney reiterated - arguably more strongly than in the past - that future moves will depend on developments around the world and, in turn, how they are affecting Canada’s export-heavy economy.

“Any further reduction in monetary stimulus would need to be carefully considered in light of the unusual uncertainty surrounding the outlook,” the central bank said, tweaking language in the all-important last line of the statement that accompanied its previous two rate hikes, which referred to “considerable” uncertainty.

Unlike the previous two statements, on June 1 and July 20, Wednesday’s decision included no mention of debt problems or belt-tightening in Europe. However, Mr. Carney left little doubt that the sputtering U.S. recovery is now the No. 1 risk to the global and Canadian recoveries, saying in the second paragraph of his statement that the rebound in private demand south of the border is being crimped by stubbornly high joblessness and that ``recent indicators suggest a more a more muted recovery in the near term.’’

As a result, the central bank said, the global bounce-back from the worst downturn since the Depression is ``proceeding but remains uneven, balancing strong activity in emerging market economies’’ (such as China and India, though the central bank didn’t name them) against ``weak growth in some advanced economies.’’ At the same time, the central bank appeared to downplay the effect that the global turmoil is having on Canada, calling the country’s 2-per-cent annual growth rate in the second quarter ``slightly softer’’ than what policy makers had expected, even though their latest forecast in July was for a 3-per-cent pace.

The Canadian recovery will be ``slightly more gradual’’ than the central bank expected in July, but consumer spending and investment have ``evolved largely as anticipated,’’ it said, reflecting the fact Mr. Carney’s forecasts have warned of a slowdown for several months because of factors such as the fading impact of government stimulus and the cooler real-estate market.

In the future, consumption growth will ``remain solid’’ and business investment -- which has a surprisingly strong pickup in the second quarter, Statistics Canada data last week showed -- will ``rise strongly,’’ the central bank said. For now, as the U.S. recovery proceeds in fits and starts, investor demand for safer investments such as bonds is pushing borrowing costs down and helping consumers and companies, the bank noted.

``Financial conditions in Canada have tightened modestly but remain exceptionally stimulative,’’ the central bank said.

In its July 22 forecast, Mr. Carney said inflation will stay near the central bank’s 2-per-cent target throughout the projection period, and the economy will return to full capacity at the end of 2011. On Wednesday, Mr. Carney said inflation -- which has been tame in recent months -- has been in line with his expectations and the dynamics surrounding prices in Canada ``are essentially unchanged.’’ All of that suggests Mr. Carney and his deputies are still rather uncomfortable with an overnight lending rate so far away from what most economists consider ``neutral,’’ or about 3.5 per cent to 4 per cent.

Still, the continuing emphasis on risks from abroad and on the uncertain nature of the global recovery indicate policy makers are trying to signal to remind investors that the central bank reserves the right to pause at its next decision, on Oct. 19, to spend more time assessing how the situation in Canada and abroad is unfolding. Mr. Carney would explain such a move in a new forecast the following day.

Central bankers in Japan and Australia this week indicated that fears about the durability of the U.S. rebound are weighing heavily even on the minds of policy makers whose countries aren’t quite as dependent on the world’s biggest economy. The Reserve Bank of Australia kept a pause in place on Tuesday, despite having the biggest spike in economic growth in the country since 2007, and the Bank of Japan highlighted ``uncertainty’’ about the U.S. in saying that it is prepared to add more stimulus if needed.

As you can see by this article, there still may be another rise in interest rates again. Rumors abound that it will be in December. So, if you are ready to invest in a home, maybe it's time to sit down and see if it's a possibility. I'm here to help.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

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PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL REFERRALS ARE GREATLY APPRECIATED

Tuesday, September 7, 2010

August Market Watch, Mississauga


Hello To All:

This is meant for all those that missed receiving my monthly news letter.

First things first, welcome back to school to all those children and young adults (all adults) who have returned. To the parents who left their loved ones in the hands of the educators who will teach your children for the months that follow, enjoy a restful cup of tea or coffee as you try to settle into your regular fall routine. The excitement of the first day of school is now over.

The EX is ending, the Air Show took place only for 2 days not the regular 3, and Mother Nature decided to remind us that summer is nearing it's end. In the days and weeks that follow, we will start to think about cleaning up our yards and completing some tasks that we put off when the weather was too warm. This has been the best summer in a number of years. Homes were not listed as quickly as was predicted. Buyers stood back and waited for the 'bargains' to magically appear. The homes that were priced well, sold quickly. Some homes in certain areas of Mississauga and Oakville even had multiple offers. Yes folks, they're back. Not with the same vengeance as previously.

The August Market Watch is available. Read it on line and save a tree.

I'm waiting for listings to come on the market as I have some serious buyers that are looking to purchase. I have knocked on doors in those neighbourhoods that my buyers have showed interest. I'm just waiting for everyone to settle into their fall routines and return my calls.

The Bank of Canada has informed us that it may be raising interest rates this month. Is it time for you to get your finances in order? Give me a call and I'll set you up with a Financial Specialist to get you on the right track toward Home Ownership.

Are you ready for a Home Evaluation? You will find that I will provide you with honesty, integrity, and the professionalism that you deserve from your realtor. Do you just have some questions? If you want to find out what I will do for as your realtor, you can get information easily. Just click here. Do you want to go look at what's available on the market right now? Become a VIP Buyer.

We have all heard the doom and gloom from the media that the Real Estate Market is heading toward hard times. If you take a look at the market ups and downs throughout the years, the last season was nothing new. We are looking forward to a better fall market than we had seen in the summer. This was typical. If you would like, I can provide you with the tables and figures of markets of past. Pricing a home has never been more important in order to get your house sold. Buyers, take a look at statistics and be prepared to make an offer. Get yourself a realtor you can trust and get along with. It will be a journey and you want to take that journey with someone with whom you can get along.

Do you just want to chat? Do you have a few questions? Give me a call directly at 416 427 1875. I am ready to get moving and complete the tasks that both buyers and sellers put towards me. I look forward to all your calls and questions.

I look forward to hearing from you. Don't forget to help me get to 150 friends on Facebook.

Remember, your decision is the decision I will respect!

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Direct: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

Help Me Get to 150 Friends on this Facebook Page; Click and Like me Please

PSST: IF YOU KNOW SOMEONE WHO IS THINKING OF BUYING OR SELLING A HOME AND NEEDS MY HELP...FEEL FREE TO PASS ALONG MY NAME AND NUMBER TO THEM! ALL REFERRALS ARE GREATLY APPRECIATED
this is not intended to solicit buyers or sellers under brokerage contract

Thursday, August 26, 2010

Having Children later in life


More couples are deciding to wait a little longer before starting a family. Also, the decision to get the chosen career started and developed has become a priority to some. Having older children, and a new graduate, I have found it very important for them to learn financial responsibilities. Life is full of surprises, preparing for them makes them easier to accept.

Here is an article provided by John Scholl, Financial Consultant - Investors Group Financial Services Inc. & Investors Group Insurances Services Inc. It's information that is important to all of us.

Later in life children – bringing up new needs

If you have opted to start a family later in life or if you are the more mature partner in a blended family with younger children from your new union, you’ll want to make sure your children are properly cared for and financially secure regardless of what happens to you. That’s why there are certain financial and estate planning issues that you should address right away.

You Need A New Will

You need to revise your will to include the legacy you wish to leave to your newest family member(s). If your will is out-of-date your surviving spouse and/or your child may not get the share of your estate that you wish them to have. As well, if you do not have a valid will and your child is under the age of majority, the money your child inherits may be held or managed by provincial or territorial authorities until the child reaches the age of majority. He or she would receive your inheritance in one lump sum and may not be capable of managing his or her sudden wealth.

Structuring a will and estate planning are especially difficult for blended families – and, when not done correctly, it can inadvertently eliminate one or more children, or even one branch of your blended family, from any share in your estate. You should know, too, that getting remarried voids any previous wills (except sometimes in Qu├ębec).

Name A Guardian

One of the most important parts of your estate plan is recommending a guardian in your will who will take care of your child if you and your spouse are unable to do so. Think carefully about who you should recommend.

The court is not bound to appoint the guardian that you recommend in your will, and may appoint someone else if the court feels you have made a poor choice. So choose wisely – and be sure to talk it over with the person you nominate.

Insure Your Child’s Future

You want to leave a sufficient estate for your child and life insurance can help you do that. As your beneficiary, your child will receive the proceeds of your policy, usually without a tax liability. But insurance rates go up with age and your health could also become an issue, perhaps preventing you from obtaining any kind of insurance coverage.

So act now. Without doubt, a later in life child is an enriching experience and by making the right decisions now, you will ensure he or she is financially and personally protected come what may. Your professional advisor can help you make those decisions and the many others that will keep your financial life growing along with your child.

John Scholl, CLU (Chartered Life Underwriter),CGA, B. Mathematics,
Financial Consultant - Investors Group Financial Services Inc.
& Investors Group Insurances Services Inc.
200 - 24 Queen Street East,
Brampton, Ontario L6V 1A3
Wealth Management & Financial Planning
Phone: (905) 450-2891 X529 Toll Free: 1 (866) 799-2223 x529 Cell (416) 731-3660 Fax: (905) 450-9747

Feel free to contact John to discuss your financial planning. Take the time now to make sure your family is well carred for.

Compliments of:
Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
905 828 3434
CELL 416 427 1875
betty@bettybart.com
bettybart.com

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Thursday, August 12, 2010

More HST Updates


On July 1st, the Ontario government implemented the HST as part of a tax plan designed to strengthen the economy. While lots of discussion surrounds the changes – let’s cut to the chase. Here’s what people buying or selling a home need to know.

About 93 per cent of all homes sold in Ontario are not subject to an additional tax amount under the HST.

It’s important to note, the HST is not charged on resale homes. In addition it is not charged on home insurance, and mortgage interest costs.

HST is charged on:
- real estate commissions
- legal fees
- new homes (The full list of what changes and what doesn’t change is available on the website (23 languages), PDF format and for free download as a mobile application. )

New Homes Rebate

Regardless of the price of new homes purchased as primary residences,, buyers may be entitled to a rebate in respect of the provincial part of the HST of up to $24,000, ensuring that buyers of new homes priced up to $400,000 will, on average, pay no more – or possibly even less – tax than under the PST system. The effect of the rebate is that homes valued over $400,000 will be subject to the 8 per cent provincial part of the HST on the amount above $400,000.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Fax: 905-828-2829
Cell: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

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August 2010 Market Watch


Well, here is is, the middle of August and I'm just getting this little note out to everyone. To all whom I send out personal notes, sorry. There really isn't anything new to tell you. "Doom and Gloom" still headline the news. According to the powers that be, the Real Estate Market has stalled.

Has anyone taken a look at what happens to the market in the months of July and August? Take a look at this year and what we were faced with -- G20, Bank of Canada raised interest rates (only quarter point, but still....), HST (yes, it's here to stay), summer market, extreme heat, holidays taken by most --- just to name a few. When you add it all up, brakes get put on.

We all expected to be overrun by new listings. Well, that didn't happen. Even, me, I keep looking for property owners to list homes. Knocking on doors, making telephone calls (probably irritating some of you) hasn't made a lick of business. Buyers are very slow in purchasing what is out there.

My farming areas of Lorne Park in Mississauga and Oakville, have been doing well. Lorne Park has been noticed in the Toronto Star as being one of the neighbourhoods where prices of properies has increased. Lakefront properties are available.

I have included a small section of the August Market Watch so that you can take a glance at what is happening. For a complete report, please visit bettybart.com.

"Greater Toronto REALTORS® reported 6,564 sales in July – a 34 per cent dip from the record 9,967 sales reported in July 2009. New listings, at 10,825, dropped to the lowest level for the month of July since 2002.

"The level of July sales remained below the expected long-term trend. The market has become more balanced following record monthly sales through most of the winter and early spring," said Toronto Real Estate Board (TREB) President Bill Johnston.

Total sales through the first seven months of 2010 were up 12 per cent compared to the same period in 2009.

Notwithstanding the fact that price trends vary at the neighbourhood level in GTA, the average price for July transactions was $420,482, representing a six per cent increase over July 2009. Over the first seven months of 2010, the average selling price was up 12 per cent annually to $432,253.

"Market conditions promoting growth in the average selling price have remained in place. While July sales were down compared to last year, the number of new listings in the marketplace also fell. This means there was enough competition between buyers to exert upward pressure on price," said Jason Mercer, TREB's Senior Manager of Market Analysis."


To all who are still on holidays, enjoy. The weather certainly is co-operating this year. Get out and play a round of golf, if you are so inclined. Want to join me, let me know.

The EX is around the corner, Parks and Recreation have their registration for fall programmes on line, school buses are all over the place while they train the new drivers to transport our kids back to school, the Staples commercial is back (It's the Most Wonderful Time of The Year), and the stores are getting busy for those shoppers looking to equip themselves for the coming months.

Do you want to talk about Real Estate? Do you have any opinions that you would like to share with me? Want a Market Evaluation on your home? Want to change neighbourhoods?

Give me a call directly at 416 427 1875. Or just email me at betty@bettybart.com.

Have a wonderful August and I will be in touch again in September.

Kindest Regards,
Betty

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Fax: 905-828-2829
Cell: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com


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not intended to solicit buyers or sellers under brokerage contract

Wednesday, August 11, 2010

Mississauga Home Evaluations


When we compare the number of Listings available in a current month vs the number of listings sold, we can conclude a ratio of Listings to Solds and How many months of inventory (Homes) are on the market.

This allows us to best optimize, how we can negotiate on your behalf to get the best possible deal.

Have you ever wanted a Market Evaluation done on your home? No obligation? At no cost?

I have made it easy for you: fill out the form, click the button and I will call.

Betty Bartusevicius, Sales Representative
Re/Max Realty Specialists Inc., Brokerage
Fine Homes In Nine Oh Five
Office: 905-828-3434
Fax: 905-828-2829
Cell: 416-427-1875
Email: betty@bettybart.com
Web Site: http://www.bettybart.com

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Monday, July 26, 2010

Home Alone? Not anymore!

Home alone – not anymore. Your adult child is back. Is It Time To Downsize?

Call ‘em Boomerang Kids or KIPPERS (Kids In Parents’ Pockets Eroding Retirement Savings) – but by any name, the number of adult children living with their parents is on the rise. And for Boomers, that can be a double whammy because many are being sandwiched between caring for their adult children and for their aging parents.

A recent survey of Boomers revealed that four-in-ten who care for both children and parents say they have been forced to reduce the amount they’re investing for retirement, one-quarter say they have adopted a less comfortable lifestyle, and one-quarter expressed concern that this financial assistance will jeopardize their retirement security.

There’s no doubt that having adult children at home creates financial challenges by increasing the cost of living, creating a drag on savings, and even causing a loss of freedom. Here are some practical ideas about how to reduce stress, hard feelings and avoid potential financial disaster:

Pay to stay: Treat your child as an adult and try to replicate ‘real world’ conditions by having them contribute to household expenses, chores, and even pay rent. If they aren’t employed, encourage them to actively seek work.

Invest in a secure future: As an alternative to paying rent, insist that your adult child establishes an investment plan to help pay a future down payment on their own home.

Tax relief: If your stay-at-home adult kid is also a student and has no tax to pay, you can relieve some of the pinch on your finances by taking advantage of unused federal tuition and education credits (combined). Up to $750 can be transferred from the student to a parent. (Provincial tax credits may also be available.)

Define ‘rent’: Is your child paying you fair market value rent or just enough to cover their share of home upkeep and the cost of groceries? If it’s the latter, the Canada Revenue Agency (CRA) says you don’t need to report that income on your tax return but you cannot deduct expenses. If you attempt to claim a rental loss, the CRA will put you to the test of proving the rental rate is at fair market value, and there is a reasonable expectation of profit.

With children taking longer to become self-sufficient and aging parents expected to live longer, Boomers could be in for a rough ride. The first step is talk openly with your children about money and responsibility. And a good second step is to discuss your situation with your professional advisor to make sure your financial plans stay on track.

Compliments of:
Betty Bartusevicius, Sales Representative  ASA
RE/MAX Realty Specialists Inc., Brokerage
905 828 3434
Fine Homes In 905
416 427 1875