The York Realtors
16850 Yonge St Unit 6B L3Y 0A3 Newmarket, ON, Canada

A gift on Father's Day. Happy Father's Day to all the Realtor Dads and the awesome mom's as well #realtor #realtorlife #realestate #realestateagent #realtordads #realtormoms

This is the stellar investment deal, act now before it sells out and goes off the market.

While April 1 Rent is looming around the corner, prepare yourself properly. Evictions : Ontario has suspended eviction orders and postponed scheduled enforcement of current eviction orders. This does not mean you should stop paying rent. Landlords can collect compensation for each day that an eviction order is not enforced later. If you cannot afford to pay Rent due to unemployment because of COVID-19 ?... In the current situation, your landlord cannot enforce an eviction order, but that doesn't take you off the hook to pay for all past and current rent / utilities and other things once the situation get to normal, plus any additional compensation owed for lost rent (penalties). If you need housing and food assistance, see Ontario Works or tap into your EI benefits. Don't buy into the Fad that's trending #keepyourrent Be smart about it, yes Property owners have relief on mortgages and they may be deferred for 6 months but whats untrue in the trending hashtag that it's suspended. Understand, banks will never pull the free card ever. Additional Interest / Mortgage still needs to be paid after by your Landlord and they have bills to pay plus / minus any hits they take to their credit for deferring. There is also maintenance cost that comes from your rent payment. Don't expect things to get fixed promptly if financials get tough for both of you. Instead talk with your landlord / management and come to some suitable agreement if you are facing financial hardship. Make it a win-win situation, not a one-sided one. Everybody is aware of the problems these days and solutions can be made if communication lines are open. #COVID19 #Rent #RentOntario #Notpayrent #keepyourrent #hardship #compromise #rentrelief

What you need to know about deferring your mortgage How does Deferrals work ? - Deferred mortgage payments are put at the end of your mortgage term.... - Interest accrued during periods where you defer payments are/can be added to your principal balance and then be charged interest on interest for those payments (that were deferred). What you need to know ? - Deferrals might only apply to principal residence only, if you own several properties then you might need to ask the bank if they would defer payments on all of them. - Don't make the assumption, deferrals are interest free in these times. Ask your bank or lender if it is interest free. - You are increasing your debt load, you will pay more interest over the life of your mortgage. - Will deferrals impact credit scores? Ask your bank or lender about it. What you need to do ? - Ask yourself, do you really need it. If you are not desperate for financial relief, don't take it. - If you need assistance, then it will help you with your short term cash flow but when your financial situation returns to normal, make a one-time lump sum payment to offset it, this will help any excess interest associated with deferred payments. - If you need assistance then you need to start the process Now. Don't wait until last minute otherwise default on payments could impact your credit scores and history. Deferrals are case by case, you need to prove to the bank or lender that your income has dropped due to COVID-19. #Covid19 #mortgages #mortgagedeferral #canada #ontario #toronto #yorkregion #aurora #newmarket #richmondhill #debtrelief #payments #realestate #income #mortgage

In these times, we encourage people to follow government guidelines and keep social distancing a priority for the well being of yours and others. Avoid home parties rather go out for nature walks, enjoy and learn to make home cooked meals, learn something new by taking online classes and best of all get connected with your family (not in a big group setting ) and be safe. Virus Prevention 101 - Wash your hands with Soap and Water for 20 seconds... - Respectfully tell your guest or friends you are avoiding handshakes as it helps transmit the virus. - Touch Gas pumps with napkins and dispose it or with gloves - Touch ATM Machines or Pin pads with gloves or napkins - Touch Shopping carts with napkins or gloves - Keep a bottle of Soapy water in your cars and some napkins to clean hands if a hand sanitizer is not available - Avoid touching your face unnecessarily Note : remember to dispose the napkin or gloves after use, don't keep it with you The incident of death related issue of COVID-19 is difficulty breathing or shortness of breath which is a strain not common among other flus or viruses, which is why prevention is necessary especially among older people and people with breathing related issues.