Renovating, Remolding and rehabilitating your home

By: Mushtaq Khan

Renovating, Remolding and rehabilitating your home

Tags: Expected rate of return on renovation

 Some older homes in many neighbourhoods in GTA areas where older homes are being remodeled and renovated. There are indications of expected rate of return or market value impact as a percentage of    cost are: Basement Ren ovation        50-75% Batheroom Renovation       75-100% Central Air Conditioning      25-75% Install Fireplac...Read More

By: Mushtaq Khan

New Mortgage rules could have a range of consequences both for buyers and sellers

Tags: Seller's market or buyer's market or no market!!!

After years of seemingly ever-rising home prices and seemingly ever-declining borrowing costs, many Canadians have long been concerned about the rising barriers to entry in the housing market and the amount of growing household debt required to own a home, particularly in some of our biggest cities such as Toronto and Vancouver. On Monday, Federal Finance Minister  recognized the lack of aff...Read More

Residential mortgage rules changed effective Oct 17th, 2016

By: Mushtaq Khan

Residential mortgage rules changed effective Oct 17th, 2016

Tags: homes buying selling in Toronto,Mississauga , Brampton, Vaughan, Markham and all over Canada

Here are the few important changes  1) All Insured mortgages (mortgages with less than 20% down, plus all mortgages which are insured by the lender) will now be qualified using the Bank of Canada rate of 4.64% instead of the actual rate given to the home buyer.  So what this means is that previously someone making $100,000 could get a mortgage $550,000 (about 5.5 times income), now the ...Read More

By: Mushtaq Khan

Home buyer guide

Tags: homes in Brampton, houses price in Toronto

  As your personal guide and trustworthy agent, I strive to give you the best of the best. In the years that I’ve spent in the industry, homebuyers have always asked me “What do I need to do when I buy a house?”. I’ve composed a step-by-step guide that organizes the buying process to make buying a house simple and fun!   Step 1: Decide to Buy   ...Read More

By: Mushtaq Khan, real estate broker

Vales of Castlemore North, Brampton, Proposed residential development

Tags: New Homes in Countryside Golf Club land.

  There is  an application before City of Brampton to amend the Official Plan and Zoning By-law and draft Plan of Subdivision to permit the development of 67 new single detached homes at the Countryside Golf Club site that is permanently closed now. As long time resident and property owner in the same community, I'm in favor of the new proposed residential development.  ...Read More

By: Mushtaq Khan

Seller Services for Brampton Home Sellers

Tags: Seller Services for Brampton Home Sellers

  Ready to sell? Wondering what your home is worth? I would be happy to help you in whatever way I can. The articles and resources on this page are complimentary and part of the many services I offer.    If you would like to request an online home evaluation, please fill out the form below. All information you provide is secure and will be kept strictly confidential. To provide a...Read More

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