Should You Sell Your Home and Buy a Condo?

Monday Mar 2nd, 2020

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1. Why are you considering selling your home? 2. What are the alternatives to selling your home?  Podcast: Should Your Parents Sell Their House and Buy a Condo? by Andrew la Fleur   Reasons for selling your home It's time to downsize or rightsize from a senior's perspective     -Don’t need the space -Kids have moved out -Tired of the upkeep (housework) and responsibilities involved in home maintenance -Overwhelmed by the... [read more]

A HELOC or Reverse Mortgage - What's the Difference?

Wednesday Mar 4th, 2020

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A Heloc is a home equity line of credit. You can borrow money whenever you want, up to the credit limit using regular banking methods. This line of credit is secured by your home. You can apply for a HELOC at most banks or credit unions. You are required to pay the minimum interest payment on the amount withdrawn every month. The interest rate is variable based on the lender’s prime interest rate plus a percentage. Ex: a home equity line of credit can have an interest... [read more]

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Joan Hing King

Joan Hing King

Sales Representative

eXp Realty Brokerage

4711 Yonge St. 10th floor, Toronto, Ontario, M2N 6K8

jhingking@gmail.com

(416) 891-4705
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