5 Year Fixed 3.44%

5 Year Variable 2.70%

Open House- The Real Estate & Mortgage Show March 17, 2018

Open House- The Real Estate & Mortgage Show March 17, 2018

Date Posted: March 19, 2018

Real estate and rental property questions are the focus this week as Steve, Frank and Paul take all of your real estate and mortgage questions.

Paul notes that listings have increase by nearly 1000 listings in the last 2 weeks which shows signs of the spring market in the making. Overpaying for properties may be reality in this market and if buyers are uncomfortable with this than it may not be the right time to buy. The team talks about how the property values may see a double digit increase this year given the market.

Frank discusses that when converting your home to an investment property, such as a rental, it is important to get an appraisal. When operating an investment property, there are tax implications involved and capital gains when selling the property. An appraisal at the time of conversion from principal residence to investment property may save you thousands!

Click here to listen to the full podcast!