Wednesday, May 31, 2023 / by Mario Daniel Sconza
I just put the finishing touches on the June 2023 issue of "HOMEward Bound" Real Estate News from me,
mario daniel sconza.
In this month’s issue:
- It's Summer Time
- Trump's Birthday
- Special Gifts
- Your Referrals Help Women And Children
...And MORE in this month’s “HOMEward Bound" Real Estate News from mario daniel sconza.
Enjoy!
mario daniel sconza
Real Estate Broker
P.S. YOUR referrals help Women and Children…
Who do you know considering buying or selling a home you could refer to my Real Estate Sales Partnership?
Not only will they benefit from our award-winning service, you can rest assured we are also contributing significant portions of our income to fund worthy causes.
I want to make it easy to refer your friends, neighbors, associates or family members considering making a move, so here are your options:
1. You can go to https://www.mariodanielsconza.com/referral and enter their contact info on line or forward the link to who yo ...
Read More
house listings toronto, cheapest real estate in ontario, ontario mls listings map, houses for sale in ontario under 100 000, ontario, exp realty of canada, toronto, vaughan, referrals, hire an agent, tips for selling your home, home buying tips, red hot opportunities, selling market, sell your house, tips on how to sell your house, how to sell your house fast, listing a home for sale, tips for first time home buyers, tips to sell your home, for sale by owner, mortgage broker, homebuying checklist, how to find a real estate agent
Friday, May 26, 2023 / by Mario Daniel Sconza
How to get your Household Budget Under Control
Household budgets are under siege across Canada as inflation spikes prices on gas, food, and almost everything else we need to record levels. In addition, rising interest rates have already added, or could soon add hundreds of dollars to your mortgage payment depending on your renewal date and type of mortgage. Canadians have been forced to cut back on their monthly spend to try and make ends meet, but many don’t know how or where to get started.
The word “budget” has a reputation for being difficult to sustain and it isn’t undeserved, almost everyone has tried and failed at budgeting at least once. There are a lot of reasons for this. For example, your budgeted amounts may have been too strict and not realistic, or maybe it was simply because tracking expenses took too much of your time?
A lot of people start the budgeting process with trying to figure out how much they think they spend or might ne ...
Read More
Saturday, May 20, 2023 / by Mario Daniel Sconza
Read More
Friday, May 19, 2023 / by Mario Daniel Sconza
How to Dip your Toes into Real Estate Investing
Unless something drastic happens to the housing market or interest rates, the viability of purchasing an investment property is currently out of reach for many investors. Even if you have money and access to credit, it can be difficult to make a profit purchasing and renting out a home if you are just now getting into the game.
There is also no guarantee that house values will rise like they have in the past few years and even though rents are high, so are mortgage payments, municipal taxes, repairs & maintenance — and many other costs associated with owning an investment property. In addition, the cash outlay required is a lot more than many people have or want to invest, and being a landlord can be time consuming and stressful. Fortunately, if you would like to dabble in real estate without going “all-in” there are few options.
Real Estate Investment Trusts (REITS)
A REIT is a company that owns and/or man ...
Read More
Friday, May 12, 2023 / by Mario Daniel Sconza
It's time for a quick, 5-minute workout to build financial fitness and hopefully avoid some of the most common financial blunders we see repeatedly.
1. Spending too much on a car. You should be aiming for 15% of your take-home pay for the car payment, insurance and gas. The operating costs for a brand-new 2023 Hyundai Santa Fe (base-model $44,406+tax at 6.49% for 84 months) would be pushing $1200 ($700 payment + gas + insurance) which means you would need to take home $8K/month to “afford” one. Slightly used cars are still very reliable and offer a lot more value.
2. Investing before paying off debt. Be a little discerning with this one and make sure you pay off the right debts first! If your debt is a 4% to 5% mortgage, go ahead and invest any extra funds. Anything up around 7% or higher (credit cards are often 3 times higher!) should be on your hit list before you start investing. Stock returns have been pretty lackluster the past year, but annual returns for the TS; ...
Read More
