Take heart, agents, it could be much worse
Canadian women in their 30s are the best kind of borrowers when it comes to fulfilling their mortgage obligations, financial expert says
Ira Jelinek is a Realtor with Harvey Kalles Real Estate in Toronto, and was ranked in the top one per cent of all agents in Ontario after just four years in the business.
Is your client thinking about building their own home? Will they require any level of financing along the way? Suggest they start at the very beginning with an in-depth project review with their mortgage broker, one that is specifically experienced with construction mortgages. In fact, have this conversation prior to their purchasing the lot if possible.
Ricky Chadha is a real estate agent with Royal LePage in Toronto. He is also a real estate columnist for The Globe and Mail.
Construction in the condominium market slipped 3.7 per cent to 192,368 units in August compared to 199,813 in July, according to Canada Mortgage and Housing Corporation (CMHC) in a report release Tuesday.
Peter Heinrich, managing director of The National Finance Institute, has come up with some solutions to help agents only spend their time on what is really important.
One of the key barriers to achieving a healthy worklife balance is the feeling of guilt when you stop working, something that is especially difficult for perfectionist or A-type personalities, says business coach Jon Dale.