Do you have a purple bathroom, shag carpet and out of date laminate flooring?????

With the new lending guidlines tightening it is increasingly important to get the right advice when buying, refinancing, or making a home purchase.  When it comes to refinancing it seems that very few clients have the equity in their home to allow for a home renovation budget.

What does it mean to have "equity" in your home??? That is a great question.... What it meansthe difference in what you owe on your mortgage to date and what the market value of your home today.  If you are one of the lucky ones who bought when the market was low and the values have gone up, you may already have equity in your home even if you haven't been making payments for very long.  However, for people who bought in the last couple years this option is almost obsolete.

We have found the solution to this problem with our "Refiance Plus Improvements".  Once you have your renovation plans costed out, we can use the as if completed value of your house, to determine how much equity you have access to. Whether you are looking to enhance to sell or for your own comfort and pleasure this option gives you access to more $$$$ than a regular refinance would.  In a buyers market sellers need all the advantages they can have over their competition.

Do you have a purple bathroom, shag carpet and out of date laminate flooring???  With a refinance plus improvements you can update these eye sores and create a completely sellable modern home.  Some people just can't see past the things they can change, or just lack the enthusiasm or creativity to make the changes after a purchase.  You will be able to fall under the government of Canada's new guidlines on refiancing only up to 80%, and you will have increased the value of your home to either live in yourself or sell in a very lively market.

We would love to place you with a lender who is offering this product.  Just give us a call or send us a PM and we will be happy to set you up.

Harmonymortgage.ca
harmonyMortgage@gmail.com
1-888-755-1126

Separating???

Check out our Spousal Buyout Program!

So many thoughts go through your mind at this time, the last thing you want to think about is how you can financially make it through this difficult time.

 

Let us shoulder the burden for you. Our partnership with leading lenders can help facilitate a spousal buyout program.  This is just like buying for the first time.  Best of all with the Spousal buyout program you will be able to roll in your current debt.  This can help relieve a lot of stress and allow an easier transition in to starting a new life.  We both understand this life change.... we have been there too, and have the best empathic advise.

 Harmony Mortgage Professionals are not your everyday average mortgage brokers! 

Give us a call today 1-888-755-1126

$10,000 First Time Homebuyer BONUS! time is running out!!

$10,000 First Time Homebuyer BONUS!
Effective February 21, 2012, to March 31, 2013, the bonus is a one-time refundable personal
income tax credit worth up to $10,000. Certain restrictions and qualifications do apply - please click the 2 links below to find out more information. And, as always, if you have ANY questions or concerns, please do not hesitate to contact us!

Federal Grant :

·         This is a $5,000 income tax credit claimed when filing your annual personal tax return

·         The $5,000 is applied as a tax credit at the basic personal federal tax rate of 15%

·         Accordingly the effective value of the grant is $750

·         The $750 value is applied regardless of the income of the buyer

·         This grant is available to first time buyers, but the home does not need to be brand new

More details on the Federal Grant can be found HERE (CRA Website)
BC Grant :

·         The BC Grant is a Bonus for first time buyers in BC

·         The Bonus is 5% of the purchase price, subject to a maximum of $10,000

·         The home must be a new home to which HST is applied

·         The Bonus is scaled back based on income of the purchasers

·         The purchaser can apply immediately after completion of the purchase via an application form that will soon be available on the BC Government web site

More information on the BC Bonus is available HERE (BC Gov PDF Document)

Apply online

HarmonyMortgage@gmail.com

Harmonymortgage.ca

toll free 1-888-755-1126

 

Tammy O'Callaghan 604-845-0559

Carie Pool 604-703-8748