Sunday, 24 February 2013

Keys: To A Successful Condo or Home Purchase

Keys: To A Successful Condo or Home Purchase 

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Many of my friends here on Bubblenews ask me often how is it that you are able to purchase a large home or condo successfully. I have given much advice in my time, with regards to finance and here is some insight that I will offer to you to help you with this spending conundrum. 

1. What will be the Mortgage Expense on your new property in regards to your take home income. For example if your income is $2000, a proper mortgage about would be $700 dollars per month. Now in the event that your income is not large enough to support a mortgage with this amount of ease, there are modifications you can make to your home in order for it to provide you with additional income to cover your mortgage with ease. The main techinque here is to renovate your home or condo to accommodate an additional residence which can then be rented out at a fair market value, and provide you with $300 to $500 dollars of additional income which you can then use to support your mortgage payment. This way you not only cover your mortgage but in fact you are building your equity and building your wealth to unheard of proportions. This my Bubblenews Friends is how the RICH GET RICH. I wish to be of assistance to you in your financial endevours.

2. Location: Ensure that the home you purchase is in a desireable area, within the city in which I live, the most desired areas are located downtown and a few are located outside the downtown. Those desirable areas, include Yorkville, Rosedale Distillery District and Harbourfront. Outside of the downtown core, the most desireable areas are Forest Hills, and Bridlepath. Other secondary options include: Don Mills, Islington, Lawrence Park, York Mills-HoggsHollow, Willowdale, Guildwood, The Beaches, Kingsway, High Park, and Armour Heights. 



California Real Estate Depot 



"Winchester is a remarkable high-end community, with mansions for sale just 40 minutes from Sacramento and 40 minutes to Tahoe. With golf play all year, it is an ideal location and with the real estate market heating up, we saw a tremendous opportunity to restore the magnificence and vision of one of California's greatest residential golf communities," Wells said. They will be hosting a luxury open house for potential clients. 

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