Fernando Real Estate

01/03/2025

Home for sale in: Ancaster, ON
4 beds 4 baths
Available at: $1,599,900
For more info click here: https://www.c21.ca/listing/ON/Ancaster/211-Vinton-Road-L9K-0G8/190569992

12/28/2024

🚨 Attention First-Time Home Buyers! 🚨

Planning to buy your dream home? Here’s how contributing to an FHSA in 2025 can help you save big:

💰 Maximize your contributions: You can contribute up to $8,000 per year, with a lifetime limit of $40,000.
✅ If you contribute the full $8,000 in 2025, you could reduce your taxable income by that amount—saving hundreds or even thousands on your tax bill.
📈 Your contributions grow tax-free, meaning every dollar stays in your account to help you save faster for your down payment.
🏠 When it’s time to buy your first home, withdrawals for your purchase are completely tax-free—no repayment required!

Pro Tip: Contributing the maximum yearly amount ensures you reach the lifetime limit faster, giving you more tax benefits and saving power over time. Start saving today and get closer to owning your first home!

12/28/2024

Contact us to get started on your real estate journey !

Call now to connect with business.

12/27/2024

Toronto home sales are DOWN 55%. Those looking at condos may want to take a look at this...

Source: https://www.thestar.com/real-estate/toronto-area-new-home-sales-down-55-in-november-with-condos-taking-the-hardest-hit/article_81d16074-bd5b-11ef-b635-0fb20263dd05.html

12/27/2024

Thinking about what your housing journey will look like in 2025? Here are a few outlooks for next year:

Sales:
CREA forecasts a 9.9% increase in sales, which would return to pre-2023 levels.

Prices:
The average residential sales price is expected to increase. Re/Max predicts a 5% increase in the national average residential price.

Market types:
Different regions will have different market types, with 36% reaching a balance between supply and demand, 31% becoming sellers' markets, and 33% favoring buyers.

Buyers:
First-time homebuyers are expected to drive market activity in most regions, except for pricier areas like Toronto, Windsor, Simcoe, and York.

Interest rates:
Lower mortgage rates and new 30-year amortizations are expected to increase buyer confidence.

Contact me to find out more details!

04/15/2024

✨Federal Government to include 30 Year Amortization Periods✨

✅ Lower Monthly Payments: By spreading the loan payments over a longer period, the monthly payments are reduced, making them more affordable, especially for those just entering the housing market.

✅ Improved Cash Flow: Lower monthly payments mean more cash is available for other expenses or investments, providing greater financial flexibility.

✅ Easier Qualification: With lower monthly payments, it may be easier to qualify for a mortgage, as lenders typically look at the borrower's debt-to-income ratio to determine affordability.

✅ Ability to Purchase a More Expensive Home: Lower monthly payments may allow first-time home buyers to afford a more expensive home than they could with a shorter amortization period.

✅ Room for Financial Changes: A longer amortization period provides more room for financial changes, such as job loss or income reduction, allowing borrowers to maintain their mortgage payments without defaulting.

04/01/2024

04/01/2024

Ashan & Janeesha Real Estate

03/17/2024

Contact us for all things real estate !

Ashan
Phone: (289) 928-5981
Email: [email protected]

Janeesha
Phone: (647) 922-0405
Email: [email protected]

Call now to connect with business.

03/16/2024

Privileged to sponsor todays special event !