Think preapproval is just a formality? Think again! 🤯 Discover how it makes or breaks your home-buying journey. Your dream home isn’t as far as you think—if you know this next step. 🏠 #homeselling #homeselingprocess #realestate #mortgage#realtors #propertyforsale #realestatesales #properties #luxuryrealestate #villa #propertyagent #dreamhome #homef…

📋 11 Steps to Homeownership: A Step-by-Step Guide 🏡 Step 1️⃣: Making the Decision to Buy 🤔💡 👋 Hi, it’s Walter Monteiro here from The Maximum Results Team! Today, we’re diving into Step 1 of your home-buying journey. 🏡 This is the start of an 11-part series where we’ll walk you through each step in the process of buying a home. Step 1 - Making the D…

Why U.S. And Canadian Mortgages Work So Differently Ever wondered why U.S. home buyers can secure a 30-year fixed mortgage, while Canadians typically renew every five years? In this video, we dive into the unique structures of Canadian and American mortgage systems, focusing on interest rate risks, tax implications, and equity growth. In Canada, le…

Learn how the Reset Mortgage, available through Karen Monteiro of Mortgage Alliance Greater Golden Horseshoe, can provide relief for homeowners facing temporary financial challenges. This innovative mortgage solution offers up to 65% of your home’s current value with a flexible term and no monthly payments required, giving you time to get back on y…

Hi, it’s Walter Monteiro from The Maximum Results Team! 🚀 Starting December 15, the insured mortgage cap is increasing from $1 million to $1.5 million, allowing buyers to purchase homes up to $1.5 million with a lower down payment requirement: 5% on the first $500,000 and 10% on the remainder. 🏡✨ This is a big opportunity for buyers in high-priced …

Beware of Rental Scams: Walter Monteiro from The Maximum Results Team shares an important warning about a recent rental scam targeting one of his listings. Scammers are falsely advertising properties for rent to steal deposits. Always verify listings with a realtor or trusted source. If you suspect a scam, report it to the Canadian Anti-Fraud Centr…

👋 **Hello everyone!** Today, we’re diving into some significant changes to Canada’s mortgage rules that could have a major impact on homebuyers, especially in high-cost markets like 🏙️ Toronto and 🏔️ Vancouver. The federal government has announced an increase in the **CMHC-insured mortgage cap** from $1 million to **$1.5 million**, along with the e…

Fixed vs. Variable Mortgages: How Changing Rates Have Shifted the Landscape As you consider your options for financing your new or existing home, one of the key decisions you'll face is choosing between a fixed or variable mortgage rate. This decision hinges on your financial goals and your comfort with risk. A fixed-rate mortgage offers predictabi…

Thinking about breaking your mortgage to take advantage of lower interest rates? Before you make a move, it's crucial to understand the costs involved! In this video, we'll explain the penalties you might face, including the difference between breaking your mortgage with a big bank versus a monoline lender. Learn about: - The standard penalties for…

Receiving multiple offers on your property can be exciting, but it's essential to stay grounded and make informed decisions. In this video, we'll discuss the pros and cons of accepting unconditional offers and why you should always verify a buyer's financial capacity. Learn why a strong deposit is crucial and why you shouldn't automatically dismiss…

Changing your list price. Is it time? Struggling to sell your property? In this episode of our Real Estate Insight Series, we dive into what steps to take when your listing isn't getting the attention it deserves. If weeks have passed without a serious offer—or worse, seven days without a single showing—it's a clear sign that something needs to cha…

Are You Waiting for Interest Rates to Drop Before Buying Your Next Home? Think Again. If you’re holding off on buying your next home because you’re waiting for interest rates to drop, it might be time to reconsider. While it’s natural to want the best deal, waiting for rates to decrease could end up costing you more than you think. Here are five re…

Should You Sell or Stay? Comparing Condos vs. Reverse Mortgages for Canadians When it comes to making the most of your home’s equity, many Canadians, especially empty nesters, face an important decision: should you sell your home and downsize to an apartment or condo, or should you stay put and access your equity through a reverse mortgage? Let’s t…

Unlock Your Homes Potential with A Payment Free Mortgage Are you ready to access your home equity without the burden of monthly payments? Whether you’re planning for retirement, tackling unexpected expenses, or seeking extra financial freedom, a mortgage without payments could be the perfect solution. **Fulfill Lifelong Dreams** Use your home equit…

7 Essential Tips For Empty Nesters before Selling Your HomeBy Walter Monteiro

Why Real Estate Agents Ask for Your Personal Information Hello! I’m Walter Monteiro, and I understand you might be wondering why real estate agents are asking for personal information, like your ID or details about your financial transactions, during real estate dealings. Let’s take a moment to explain why this is necessary and how it protects ever…

Understanding Mortgage Renewal: Key Tips and Myths Debunked Hello, homeowners! It’s Walter Monteiro from The Real Estate and Mortgage Show. i’m here to talk about a crucial moment in your homeownership journey, mortgage renewal. When your mortgage term comes to an end, you have the opportunity to renew your mortgage for another term with your curre…

Stuck without offers on your real estate listing? Don’t panic! In this video, I share practical strategies for handling this challenging situation, from re-evaluating your price point to considering whether selling still makes sense. Learn how to stay calm, weigh your options, and find the best path forward. Subscribe for more real estate and mortg…

HST on Resale Homes: What Every Ontario Buyer Needs to Know Purchasing a resale home in Ontario is an exciting milestone, but it’s important to understand how taxes like the Harmonized Sales Tax, or HST, might come into play. Let’s take a closer look at how HST could affect your home purchase, particularly when it comes to the property’s prior use.…

Why you should choose a mortgage broker over a bank even if your bank matches their rate Discover why choosing a mortgage broker over your bank can be the smarter move, even when rates match. Learn about trust, transparency, and the benefits of supporting local businesses. Plus, find out how you could win exciting prizes with Mortgage Alliance. Don…

If getting into a bidding war scares you away from making an offer, then this video is for you!! For a private showings, contact us directly at 519-624-9222 Thank you for watching. Let us help you with your real estate and mortgage needs. We serve the Cambridge, Kitchener, Waterloo, Guelph and Brantford areas. Check out our website at http://www.ma…

Have you ever wondered why the agent showing you a house can't always help you write an offer? Let's dive into the specifics of real estate representation under the new TRESA rules. As a potential buyer, you might find a property you love while touring homes with an agent. Naturally, you’d think the next step is to have that agent help you write an…

Hi there, I'm Walter Monteiro with The Maximum Results Team at ReMax Real Estate Centre. If you've recently signed a buyer representation agreement, you might be wondering, Who owes the commission to my buyer's agent? Well, let's break it down for you. When you sign a buyer representation agreement, you're essentially formalizing your working relat…

Welcome back to the Real Estate and Mortgage Show! I'm your host, Walter Monteiro, and I'm thrilled to announce the relaunch of our podcast. We're committed to providing you with up-to-date information and insights to help you navigate the ever-evolving real estate market. Today is July 1st, 2024, and I want to wish everyone a Happy Canada Day! In …

Reverse MortageBy Walter Monteiro

Why Hire a Buyers Agent Music: Winter Time, Musician: Isobelle Walton, Album: Isobelle Walton, Source: VCGBy Walter Monteiro

Changes Happening in The OnTario Private Mortgage Landscape Music: Rain Is Falling, Musician: Plain Strolls, Album: Plain Strolls, Source: VCGBy Walter Monteiro

Why buying real estate Must start with getting pre-approved for a mortgageBy Walter Monteiro

Meet Seif El-Sahly of Newfore Inc. Contact Saif El-Sahly at the following links: https://ca.linkedin.com/in/seifelsahly https://newfore.comBy Walter Monteiro

Hey, aside from being a real estate mortgage agent here in the city of Cambridge and Kitchener Waterloo, I also have a little podcast that I do. It's called the I Love Cambridge Show. You can find it on Ilovecambridge.ca, or you can look it up on YouTube or iTunes or Stitcher or Facebook, wherever your social media heart desires. You can find it on…

10th Commandment of Buying Real EstateBy Walter Monteiro

9th Commandment of Buying Real EstateBy Walter Monteiro

8th Commandment of Buying Real EstateBy Walter Monteiro

7th Commandment of Buying Real EstateBy Walter Monteiro

6th Commandment of Buying Real EstateBy Walter Monteiro

5th Commandment of Buying Real EstateBy Walter Monteiro

Hey, look what I got, the real estate crystal ball, and I'm gonna tell you exactly what's going to happen. Actually, I'm not gonna tell you because that's not a crystal ball. That's a solar powered globe that I took off my front porch. Anyway, here's the thing. Nobody knows what's going on in the real estate market. I've been hearing a couple of re…

So, you know, we love private mortgages, We love doing them, but we always triage the situation to make sure that the borrower is in fact a qualified private borrower and not somebody that can actually go to a financial institution. Because if you can do that, then why would you borrow privately? Okay? Secondly, we also make sure that you have an e…

Trust the experts to be wrong Hey, so yesterday I tuned into TikTok, obviously to upload my video and I came across a lady that's actually a real estate agent in the Toronto Real Estate Board. She was pontificating about how she was tipped off about how agents who think they, just because they have a social media platform, they have the right to sa…

Let me give you the skinny on what happened yesterday with the, interest rate changes here in Canada. Obviously, everybody knows, cuz everybody on TikTok and LinkedIn and Instagram and Facebook are all telling you that rates have gone up by half a point. So here's the bottom line. The rate or the payment that you qualify for has not changed, obviou…

So a lot of people are wondering what the value of their home is these days, given the adjustment in the marketplace. So what I'd like to do is invite you to a website I've created called Value of my home.ca. You just need to click on that red link down there, where it says, Get my home value now. Then once you do that, you'll be taken to this page…

4th Commandment of Buying Real Estate.mp3By Walter Monteiro

Preapproved MortgagesBy Walter Monteiro

3rd Commandment of Buying Real EstateBy Walter Monteiro

Commandment #2 Thou shalt not buy a car truck or van or you may be living in itBy Walter Monteiro

1st of the The 10 Commandments of Buying real estateBy Walter Monteiro

How to choose your list priceBy Walter Monteiro

Welcome to this episode of The Real Estate Mortgage Show! How is the real estate industry at this point? Is it wise to buy first and then sell, or do you want to take a risk? Are there any possible alternatives for financing a property? Today, Walter Monteiro answers these pressing questions, the “disruptions” in the real estate industry and why it…

In this episode of the Real Estate & Mortgage Show, our guest is Brian O’Neill. Together with her wife, Katie, Brian has a personal experience before, which led them to establish BKW Property Solutions. They aim to teach both the buyers and sellers of properties what they need to know. Tune in and see how their personal experience turned into the s…