There are at least 10 Good Reasons to List your St. Catharines Home with Timothy! You can find them here at: timothystop10.pdf

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When you apply for a mortgage loan or credit card  in St. Catharines you’re usually asked to complete and sign an application form. An application normally includes written consent by you giving permission to the credit grantor to check your credit report when you first apply and throughout the life of the account.

A credit report is a history of how consistently you pay your financial obligations. It is created when you first borrow money or apply for credit. On a regular basis, the companies that lend money or issue credit cards to you ( banks , finance companies, credit unions, retailers, etc. ) send the credit reporting agencies specific and factual information about their financial relationship with you – when you opened up your account, if you make your payments on time, if you miss a payment, or if you have gone over your credit limit, etc.

Equifax Canada, one credit bureau, receives this information directly from the financial and retail institutions and retains it to help other lenders make decisions about granting you credit. Because your credit report contains all the information received from your lenders and provides a picture of your financial health, other lenders will request your report when they are determining whether or not to grant you a loan. Your credit report is a history that will help them determine what kind of lending risk you are – if you are likely to repay your obligation on time or not. Your credit rating is like a financial report card, which creditors use when assessing your credit-worthiness.

Many local residents in St. Catharines, the Niagara Region or throughout Canada don’t realize they can and should regularly review their own credit report: to correct outdated or inaccurate information, to understand why they may have been declined credit, or to protect their information from identity theft.

Sections of your Credit History Report include:

• Personal Identification
• Consumer Statement – Allows you, the consumer, to add a brief comment about any information in your report
• Credit Information – Provides details of your credit accounts and transactions and shows if payments are being made on time
• Banking Information – Includes information on your bank account and NSF cheque history
• Public Record Information – Contains information about secured loans, bankruptcies and/or judgments
• Third-Party Collections – Contains information about any involvement with a collection agency trying to collect on a debt
• Inquiries – Includes all organizations and individuals that have requested a copy of your credit report in the past three years

To obtain your credit report at no charge, simply go to www.equifax.com then download and mail the Credit Report Request Form to Equifax Canada Inc., or call Equifax at 1-800-465-7166.

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Tags: Credit-Rating, Mortgage-Loan, Credit-History, Equifax, Canada, Credit-Report

Choosing a professional Realtor® should be considered one of the most important decisions, much as choosing your family doctor, attorney or financial advisor.

 Real estate holdings are considered by most to be the foundation of your estate, the shelter for your family and indeed one of your most important investments. It is important then, to choose a professional who will advise you wisely and by all means, keep your personal goals at the forefront of all decisions. The trademark name, Realtor®, is a designation earned only after mandatory education requirements are met and a code of ethics oath or professional standard set forth by the Ontario Real Estate Association has been sworn. Look for the Realtor® trademark, as not every real estate practitioner has made this commitment.

It is important to interview the professional you entrust with your valuable investment to ascertain their specific knowledge and experience just as you would a doctor about to perform an operation on you or one of your loved ones. To that end we have outlined below a list of fundamental questions that a professional Realtor® worthy to market your property should be able to answer.

We hope you find this guide valuable and helpful in making the right choice for the professional to assist you in accomplishing your personal real estate goals.

Should you have any other questions, don’t hesitate to contact Timothy Salisbury at email@timothysalisbury.com or toll free at 1-800-467-8498.

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UPDATE: This property sold! Closer received asking price and offer was accepted in three days!

Please use our online complimentary St. Catharines Ontario real estate search to find similar available listings.

Priced at only $149,000, this 4-level backsplit semi is centrally located and has been in the family since being build back in 1975. It has an option of 3 bedrooms or 4. The 4th bedroom on the 3rd level is presently being used as a den. The upstairs has 2 bedrooms and a updated 4 piece bathroom with ceramic flooring, a granite countertop and a over-sized soaker tub.

The main floor, as you walk into the front entrance, takes you directly to the kitchen and dinette area. The Living Room and Dining Room are L-Shaped and the carpet was just recently installed. On the third level you will find another bedroom and the den. As you walk down to the 4th level, you’ll find the furnace, a laundry area and another 3 piece bathroom.The side entrance of the home takes you to a patio area and a very large tool shed with hydro for storing outside equipment, etc.

This home also features a double wall between you and your adjoining semi for added quietness and comfort, central air, and the shingles were replaced in 2008.

The location is less then 5 minutes to the QEW and downtown St. Catharines.

Directions - Take Ontario Street just past the QEW until you come to Scott Street (Jack Asters will be on the corner). Turn left until you come to Haig Street (Maywood Public School will be on the left-hand side). Turn right until you come to Ventura Drive, then turn right. St. Hilda’s will be on your left-hand side and is the second cul de sac on the street.

L-Shaped Living/Dining Room		4th Bedroom or Den Area
Master Bedroom		Updated Bathroom
Main Floor Bedroom		Bathroom
Bedroom		Back Yard & Tool Shed

Should you have any other questions, don’t hesitate to contact Timothy Salisbury at email@timothysalisbury.com or toll free at 1-800-467-8498.

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Tags: St.-Catharines-Listings-for-sale, St.-Catharines-Homes-for-sale, St.-Catharines-Houses-for-sale, 5-St.-Hildas-Court, St.-Catharines, Ontario, Timothy-Salisbury

UPDATE: This property has been sold!

Please use our online complimentary St. Catharines Ontario real estate search to find similar available listings.

You can enjoy relaxing in this well-maintained, maintenance-free, 1200 square foot bungalow! It’s also priced right at $209,900.

This spacious home features an eat-in kitchen area with lovely bay windows. The living room and dining room are combined and have cathedral ceilings. The patio doors are located off the living room and open to a covered deck area that overlooks a beautifully landscaped backyard. There are two bedrooms. The master bedroom has a large walk-in closet and french doors that open to the covered deck area as well.

This bungalow also features a laundry room, central air, central vacuum system, single attached garage with inside entrance access and a double driveway. The basement is completely unfinished and just waiting for you.

Contact Timothy Salisbury for more details on this home!

Timothy Salisbury
Broker
The Salisbury Team
Royal LePage Niagara Real Estate Centre Inc., Brokerage
Toll Free - 1-800-467-8498
Office - 905-937-6000
View My Website at www.timothysalisbury.com

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Confidentiality

As a Client: Under buyer agency, the buyer can feel secure to divulge information without the fear of harming their negotiating position.

As a Customer: If the buyer is a customer, all information gained about that buyer will be shared with the seller to enhance the negotiating position of the seller.

Buyer’s Needs

As a Client: Under buyer agency, a sales rep. is obligated to pay full attention to all of the buyer’s needs. This can include, but is not limited to, financial, timing, motivation, familial etc… This representation will come without an obligation to match the buyer to a seller-client’s property.

As a Client: If the buyer is a customer, then the sales rep. is not obligated to satisfy any particular needs other than dealing fairly, honestly and with integrity with the buyer-customer.

Full Access

As a Client: Under buyer agency, it is the responsibility of the sales rep. to ensure that the buyer has access to the entire market. This includes private sales, expired listings, exclusive listings etc…

As a Customer: As a buyer-customer, the sales rep. is acting as a sub-agent and has no such obligation to the buyer.

First Opportunity

As a Client: Under buyer agency, a buyer client should know that he/she will have first access to any new opportunity that comes up. Be it via MLS, or any other means at the broker’s disposal.

As a Customer: A buyer-customer may have access to all potential properties, but only after the buyer-client has been given first opportunity, and not if it conflicts with the buyer-client’s desire for a property.

Educating the Buyer

As a Client: Under buyer agency, the sales rep. is obligated to assist the buyer in making an objective comparison of all competing properties, comprehensive enough for the buyer to make an informed decision as to the value of the property in question, and to make an offer accordingly.

As a Customer: Acting as a sub-agent, it is the obligation of the sales rep to present comparable facts that protect and enhance and value of the property in question.

Price

As a Client: Under buyer agency, the sales rep. is obligated to present all sales statistics in order for the buyer to make the most informed pricing decision, irrespective of the asking price.

As a Customer: Under sub-agency the sales rep. must provide price information to the buyer that supports the seller’s listing price.

Clauses

As a Client: Under buyer agency, the sales rep. is obligated to provide counseling on the protective clauses for the buyer-enough time to arrange financing, home inspection and insurance clauses etc…

As a Customer: Under sub-agency the sales rep. must negotiate clauses that are in the best interest of the seller, which may include, but are not limited to closing dates, chattels or the seller finding suitable accommodation.

Financing

As a Client: Under buyer agency, the sales rep. is obligated to assist the buyer in finding the most suitable, or best financing available for the buyer.

As a Customer: Under sub-agency, the sales rep. is obligated to negotiate the best financing clause in the interest of the seller.

Negotiating

As a Client: Under buyer agency, the sales rep. is obligated to provide negotiating strategies and techniques that are in the best interest of the buyer.

As a Customer: Under sub-agency, the sales rep. is obligated to provide the seller with strategies and techniques that are in the best interest of the seller.

Previous Offers

As a Client: Under buyer agency, the sales rep. must share all known details of previous unsuccessful offers, or any other information that strengthens the buyer’s negotiating position.

As a Customer: Under sub-agency the sales rep. must share knowledge of previous negotiations the buyer has been in, enhancing the negotiating position of the seller.

Personal Information

As a Client: Under buyer agency, any knowledge of any personal information about the seller must be shared with the buyer, including but not limited to the price the seller is willing to accept, a price that has already been accepted or rejected, and the sellers motivation.

As a Customer: Under sub-agency the sales rep. must share information about that buyer which may include but is not limited to; financial information and ability and/or willingness to change closing date.

Contact us today to be treated like a client!

Timothy Salisbury
Broker
The Salisbury Team
Royal LePage Niagara Real Estate Centre Inc., Brokerage
Toll Free - 1-800-467-8498
Office - 905-937-6000
View My Website at www.timothysalisbury.com

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Quote of the Week
“If you are going to throw a club, it is important to throw it ahead of you, down the fairway, so you don’t have to waste energy going back to pick it up.”
Tommy Bolt

Have a great week!

Paul Croteau
Mortgage Specialist
BMO Bank of Montreal
ph: (905) 321-3230
fx: (905) 641-7854
Paul.Croteau@bmo.com

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Tags: Current-Mortgage-Rates, Paul-Croteau, Mortgage-Specialist, BMO-Bank-of-Montreal, St., Catharines/Niagara