Walk a Kb or Two in my Moccasins- Nobody 'splained it to me like that!

Simple answers to Complex Questions and Complex Answers to Simple Questions. In real life, I'm a Greater-Toronto (Canada) Realtor with RE/MAX Hallmark Realty Ltd, Brokerage. I first joined RE/MAX in 1983 and was first Registered to Trade in Real Estate in Ontario in 1974. Formerly known as "Two-Finger Ramblings of a Forensic Acuitant turned Community Synthesizer"

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Sunday, September 12, 2010

How can you acquire a home with as little as 5% down? Or is this even a good idea?

Q..... How can you acquire a home with as little as 5% down? Or is this even a good idea?

from Zoocasa ASK the Pros


A.......If you can be approved for a 95% loan and you are confident prices will be higher for that property in 1-2-3 yrs (whenever the bottom is) then go ahead.




After the "dip" we're going to see rapid inflation/currency devaluation and home prices will soar



You gotta live somewhere and if you rent in the meantime, you'll get no return on your monthly investment.

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