The Montreal Real Estate Blog

RSS Feed Homepage

Articles: 1, 2, 3, 4, 5

Why Deal with a Mortgage Broker?
2008-06-03 17:30:00
Brokers search for the best lender package to suit your specific financial situation, whether it?s with a Chartered Bank, Trust or Insurance Company. There is a wide variety of options and features available to homebuyers today. To find the best offer takes a lot of time and effort. The mortgage process within today’s very competitive ...SHARETHIS.addEntry({ title: "Why Deal with a Mortgage Broker?", url: "http://montrealrealestateblog.com/why-de al-with-a-mortgage-broker/" });
More About: Financing , Popular , Mortgages

Repossession du Jour: Penthouse in St Laurent Street.
2008-06-01 18:00:00
The Montreal Real Estate Blog opens a new section: Repossession du Jour or Foreclosure du Jour. We haven’t really decided on the title yet. But for the time being, we’ll call it a Repossession, alright?. Here is our first contestant: A lovely penthouse located in St Laurent Street . We won’t give you the exact address BUT we ...SHARETHIS.addEntry({ title: "Repossession du Jour: Penthouse in St Laurent Street.", url: "http://montrealrealestateblog.com/reposs ession-du-jour-penthouse-in-st-laurent-st reet/" });

Real Estate Glossary: Q
2008-05-31 16:30:00
Qualifying Ratios As calculated by lenders, the percentage of income that is spent on housing debt and combined household debt. The first qualifying ratio, called the gross debt service or GDS is up to and including a maximum of 32% of the combined gross family income. The second qualifying ratio is the Total debt service or ...SHARETHIS.addEntry({ title: "Real Estate Glossary : Q", url: "http://montrealrealestateblog.com/real-e state-glossary-q/" });
More About: Real Estate

Taxe de bienvenue: Qui n?a pas à la payer?
2008-05-29 15:30:00
Dans un article précédant nous avons mentionné que la Taxe de bienvenue était applicable sur tout transfert de titre de propriété d?immeuble. Toutefois, il existe certain cas d?exonération dont ceux-ci :SHARETHIS.addEntry({ title: "Taxe de bienvenue: Qui n’a pas à la payer?", url: "http://montrealrealestateblog.com/taxe-d e-bienvenue-qui-na-pas-a-la-payer/" });

More Listings on the Market Slows Canadian Price Increase
2008-05-27 15:17:00
The Canadian Real Estate Association (CREA) reported Friday that the price for resale homes rose only 4% in April compared with the same month a year earlier, the slowest rate of increase in six years. The slowdown in price increases resulted from a sharp increase in listings and a slower growth in sales, the report showed. ...SHARETHIS.addEntry({ title: "More Listings on the Market Slows Canadian Price Increase", url: "http://montrealrealestateblog.com/more-l istings-on-the-market-slows-canadian-pric e-increase/" });

Your Mortgage Broker: A Source for Financial Solutions
2008-05-26 17:32:00
A mortgage broker can assist you in ways that go well beyond offering great rates. Many people think of a mortgage broker as someone who can help them get a good rate on their mortgage. While this is certainly true, a mortgage broker can also help you with much more than that. A mortgage broker is a ...SHARETHIS.addEntry({ title: "Your Mortgage Broker : A Source for Financial Solutions ", url: "http://montrealrealestateblog.com/your-m ortgage-broker/" });

Surestimer le prix d?une propriété: risqué!
2008-05-25 01:54:00
Beaucoup de vendeurs se disent qu?ils n?ont rien à perdre à essayer de lister leur propriété à un prix plus élevé. Ils se disent que leur prix est toujours négociable ou qu?ils pourront toujours réajuster leur prix en cour de route. Avec les conditions actuelles du marché cette stratégie peut s?avérer plutôt néfaste qu?avantageuse pour l?obtention du meilleur prix possible. Voici pourquoiSHARETHIS.addEntry({ title: "Surestimer le prix d’une propriété: risqué!", url: "http://montrealrealestateblog.com/surest imer-le-prix-dune-propriete-risque/" });

Real Estate Glossary: P
2008-05-21 15:41:00
Payment Adjustment Period The time period where payments on an adjustable-rate mortgage (ARM) may fluctuate. Payment Cap A contractual limitation on the amount of the monthly payment of an adjustable-rate mortgage or other variable rate loan. Penalty In mortgage terms, a penalty is a set rate or length of time the penalty will be charged based on the remaining loan ...SHARETHIS.addEntry({ title: "Real Estate Glossary : P", url: "http://montrealrealestateblog.com/real-e state-glossary-p/" });
More About: Real Estate

Dropping your price a little too late?
2008-05-16 20:09:00
The longer a home sits on the market, the harder it is to get a good offer. Why high priced homes takes longer to sell. Sell your home quickly and efficiently.SHARETHIS.addEntry({ title: "Dropping your price a little too late?", url: "http://montrealrealestateblog.com/too-la te-to-drop-your-price/" });
More About: Price , Late

Today?s Image: Villeray?s rue Chateaubriand
2008-05-16 15:30:00
Photo: Deyanira Bautista The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Image s are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s Image: Sunny Prince Arthur St.Today’s Image: Architectural ContrastToday’s Image: Rue DurocherToday’s Image: Atwater MarketMontreal Cultural Properties Advantages & ObligationsSHARETHIS.addEntry({ title: "Today’s Image: Villeray’s rue Chateaubriand ", url: "http://montrealrealestateblog.com/todays -image-villerays-rue-chateaubriand/" });
More About: Photography , Architecture

Les Grandes Lignes du Programme d?Accession à la Propriété
2008-05-15 15:30:00
On entend souvent parlé du programme d?aide financière offert aux premiers acheteurs désirant acquérir une 1ère propriété à Montréal. Cet article devrait vous éclaircir sur les conditions d?admission qui sont pour le moins sévères. Qui est admissible? Toute personne physique qui achète sa première propriété. (Le demandeur doit démontrer qu?il n?a pas été propriétaire d?une habitation au Québec ...SHARETHIS.addEntry({ title: "Les Grandes Lignes du Programme d?Accession à la Propriété", url: "http://montrealrealestateblog.com/les-gr andes-lignes-du-programme-d%e2%80%99acces sion-a-la-propriete/" });

Seven Years Later, Still For Sale
2008-05-14 19:30:00
As long as I can remember the area around Notre Dame Street and de la Montagne has been continually changing. Fields were cleared up, condos were developed on the west, then on the east side, a new student housing project is about to open. Many years have gone by since all the construction began, and amazingly ...SHARETHIS.addEntry({ title: "Seven Years Later, Still For Sale ", url: "http://montrealrealestateblog.com/seven- years-later-still-for-sale/" });

The Comparative Market Analysis: CMA
2008-05-14 15:30:00
A comparative market analysis (CMA) is an evaluation tool used by real estate agent’s, based on local listing and sales data, to determine the probable sale price of a property in the current market. Who can use this information? Both sellers and buyers alike. Home sellers can use a CMA to help determine a list price. Buyers can ...SHARETHIS.addEntry({ title: "The Comparative Market Analysis : CMA", url: "http://montrealrealestateblog.com/the-co mparative-market-analysis-cma/" });
More About: Real Estate Market

Today?s Image: Sunny Prince Arthur St.
2008-05-13 18:00:00
Photo: Deyanira Bautista The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Images are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s Image: Architectural ContrastToday’s Image: Rue DurocherToday’s Image: Atwater MarketMontreal Cultural Properties Advantages & ObligationsSHARETHIS.addEntry({ title: "Today’s Image: Sunny Prince Arthur St.", url: "http://montrealrealestateblog.com/todays -image/" });
More About: Photography , Architecture

Real Estate Glossary: O
2008-05-13 15:30:00
One-year Adjustable A mortgage where the annual rate changes from year to year. The rate is based on movements of a published index plus a specified margin, selected by the lender. Open-end Lease A type of lease that offers lowers payments, but more risk to the lessee because he or she must pay the difference between the residual ...SHARETHIS.addEntry({ title: "Real Estate Glossary : O", url: "http://montrealrealestateblog.com/real-e state-glossary-o/" });
More About: Real Estate

Old Montreal Pedestrianization: Not Really.
2008-05-12 19:00:00
Photo: Caribb Doing a check up on Old Montreal pedestrianization, we found an article on Spacing Montreal that gives us some insights on the progress of the project. Many merchants in the area were very anxious, but not anymore. Here are some details Related ArticlesOld Montreal: Pedestrian only in the summertime.Montreal Cultural Properties Advantages & ...SHARETHIS.addEntry({ title: "Old Montreal Pedestrianization: Not Really.", url: "http://montrealrealestateblog.com/old-mo ntreal-pedestrianization-not-really/" });

Today?s Image: Atwater Market
2008-05-12 16:30:00
Photo: Johpor The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Image s are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s Image: Architectural ContrastToday’s Image: Rue DurocherPhoto of the moment: Sun Life buildingSHARETHIS.addEntry({ title: "Today’s Image: Atwater Market ", url: "http://montrealrealestateblog.com/todays -image-atwater-market/" });
More About: Architecture

Canadian Housing Starts Falls in April
2008-05-12 14:00:00
Canadian housing starts came in well below the estimate of analysts at a seasonally adjusted annual rate of 213,900 units in April , according to a report released Thursday by Canada Mortgage and Housing Corporation (CMHC). That was down from 243,000 in March and less than the consensus call by analysts that starts would total 225,000 as ...SHARETHIS.addEntry({ title: "Canadian Housing Starts Falls in April", url: "http://montrealrealestateblog.com/housin g-starts-falls-in-april/" });
More About: Canadian

La taxe de bienvenue: C?est quoi et comment la calculer?
2008-05-09 22:30:00
La « taxe de Bienvenue » est en fait le nom commun donné aux droits sur les mutations immobilières. Toutes les municipalités ont le devoir de percevoir un droit pour le transfert de titre de tout immeuble qu?il soit neuf ou usagé situé sur leur territoire. C?est à l?acheteur que revient de payer ce droit. La ...SHARETHIS.addEntry({ title: "La taxe de bienvenue: C?est quoi et comment la calculer?", url: "http://montrealrealestateblog.com/la-tax e-de-bienvenue/" });
More About: Comment

Sheila Iacono joins the Montreal Real Estate Blog
2008-05-09 22:23:00
The Montreal Real Estate Blog gives a warm welcome to our new contributor: Sheila Iacono. She will be sharing her Real Estate knowledge with informative articles en français. A long time friend and collegue, Sheila Iacono is also a Chartered Real Estate Agent for Royal Le Page Habitaction. She has been involved in the industry for the last five ...SHARETHIS.addEntry({ title: "Sheila Iacono joins the Montreal Real Estate Blog", url: "http://montrealrealestateblog.com/sheila -iacono/" });

Club Sommet?s tenants fight co-op conversion
2008-05-08 14:00:00
Condo conversions aren't allowed in many Montreal boroughs, so apartment owners are using another tack to sell their properties - and renters want the city to make sure they're protected against sudden eviction Condo conversion is out and co-op conversion is in as the new battleground for tenants and landlords in Montreal, tenant advocates say.SHARETHIS.addEntry({ title: "Club Sommet’s tenants fight co-op conversion", url: "http://montrealrealestateblog.com/club-s ommet-tenants-fight-co-op-conversion/" });
More About: Fight , Conversion , Tenants

Canadians consider buying a condo purely for investment purposes
2008-05-08 13:30:00
Slightly more than one-third of Torontonians (34%) would consider owning a condo solely for investment purposes rather than as their primary residence. 8% have already made this kind of investment. By comparison, more than half (52%) of Vancouverites say they would buy a condo strictly as an investment, yet only 5% have actually done so. Among ...SHARETHIS.addEntry({ title: "Canadians consider buying a condo purely for investment purposes", url: "http://montrealrealestateblog.com/canadi ans-consider-buying-a-condo-purely-for-in vestment-purposes/" });
More About: Buying , Investment , Condo

Canadian Housing Market News Evening Recap
2008-05-08 02:23:00
Canadian Home Sales to Dip in 2008 and 2009, Real Estate Agency Says - Canadian Economic Press “Canada’s resale housing market will cool in 2008 and 2009, with the number of homes sold expected to drop and the pace of price increases to slow, according to a forecast issued Tuesday by the Canadian Real Estate Association ...SHARETHIS.addEntry({ title: "Canadian Housing Market News Evening Recap ", url: "http://montrealrealestateblog.com/canadi an-housing-market-news-evening-recap/" });
More About: Canadian

So, you think you don?t need Home Staging?
2008-05-07 15:15:00
You have decided to sell your property. You love the home decorating shows on TV. You have good taste and you house is well decorated. You are ready to put the property on the market. But, are you really? I often hear this kind of thinking from certain home sellers, especially women. It?s perfectly normal, as ...SHARETHIS.addEntry({ title: "So, you think you don?t need Home Staging ?", url: "http://montrealrealestateblog.com/why-yo -need-home-staging/" });

Today?s Image: Architectural Contrast
2008-05-06 16:30:00
Photo: Nisroch View from Rue de la Gauchetière facing Peel. The older building is Windsor Station. - Bernie. The Montreal Real Estate Blog showcases outstanding images from talented local photographers. Images are licensed with Creative Commons 3.0 . If you?d like to submit your photography, please join our flickr pool. Related ArticlesToday ’s Image: Rue DurocherCelebrity Condo: 333 Sherbrooke ...SHARETHIS.addEntry({ title: "Today’s Image: Architectural Contrast ", url: "http://montrealrealestateblog.com/montre al-architectural-contrast/" });
More About: Photography , Architecture

Real Estate Glossary: N
2008-05-06 15:00:00
Net Cash Flow Incremental after-tax income plus depreciation expense resulting from investment. Net Income The difference between effective gross income and a person’s expenses. The term is qualified as net income before depreciation and debt. Net proceeds from the sale Residual amount deriving from the sale of an immovable once all selling expenses have been deducted, i.e. mortgage loan ...SHARETHIS.addEntry({ title: "Real Estate Glossary : N", url: "http://montrealrealestateblog.com/real-e state-glossary-n/" });
More About: Real Estate

Karl Fischer: Celebrity Architect in Montreal and NYC.
2008-05-05 15:30:00
There’s absolutely no doubt that Karl Fischer ’s work is smoking hot. His creations have been growing by the day in Montreal and New York City, with many other projects to come. He’s been published in the New York Times and the Montreal Gazette. You can see some of his buildings in our city. Luxury condos in ...SHARETHIS.addEntry({ title: "Karl Fischer: Celebrity Architect in Montreal and NYC.", url: "http://montrealrealestateblog.com/karl-f ischer-celebrity-architect/" });

Opus now, formerly known as Hotel Godin
2008-05-02 15:00:00
photography: Ian Rogers According to BonJour Quebec Magazine, the Godin Building: “Classified an historic monument in 1990 by the Ministère de la Culture du Québec, the Godin Building was largely ignored in the 20th century. Built in 1915 by avant-garde architect Joseph Arthur Godin, this prestigious “income property” was one of the first Art Nouveau structures to ...SHARETHIS.addEntry({ title: "Opus now, formerly known as Hotel Godin", url: "http://montrealrealestateblog.com/hotel- godin/" });

Griffintown Project: Suburban Reports
2008-05-01 15:30:00
Photo by kinalaya “Even as Tremblay administration officials announced they were going to accept Devimco?s massive $1.3 billion Griffintown development plan, urban planners and assorted city activists are still trying to rally the forces required to knock the project off the tracks. At a Thursday meeting held at the downtown St. James United Church, almost 100 people, ...SHARETHIS.addEntry({ title: "Griffintown Project : Suburban Reports", url: "http://montrealrealestateblog.com/griffi ntown-news/" });
More About: Construction , Headline News

Homebuyers have more reasons to go green with TD Canada Trust
2008-05-01 13:24:00
Photo source:Imtl TD Canada Trust announced it is increasing the cash rebate on its Green Mortgage and Green Home Equity Line of Credit for qualified purchasers who apply between April 25th to July 31st, 2008. Customers will continue to receive 1% off the posted interest rate on a five-year fixed rate mortgage or on a five-year fixed ...SHARETHIS.addEntry({ title: "Homebuyers have more reasons to go green with TD Canada Trust", url: "http://montrealrealestateblog.com/homebu yers-have-more-reasons-to-go-green-with-t d-canada-trust/" });
More About: Financing , Mortgages