Winnipeg's Real Estate Blog Bo Kuffmann

Real Estate Financing

Investing in Winnipeg Real Estate: When 2 or more roofs are better than one!

July 16, 2010 Blog

You don’t have to tell the average Canadian homeowner that real estate is a good investment. With very few exceptions, home equity has been building across Canada, and many Canadian homeowners have determined that two or more roofs are better than one. There are several reasons why a growing number of Canadians are purchasing investment [...]

Read the full article →

Winnipeg Home Owners: Spring Clean Your Debt with help from a Mortgage Broker!

March 15, 2010 Blog

That first fresh breath of spring always sets us in motion: we can’t wait to sweep away the clutter. Sure it’s a bit of work, but it feels great when the lawn is raked, the windows and curtains are washed, and the closets are cleared. Just like the clutter that sneaks up in your closets, [...]

Read the full article →

Tips to ensure Mortgage approval for Winnipeg Home Buyers

February 22, 2010 Blog
Credit Score for Home Buyers

Building and maintaining good credit can help to ensure mortgage approval! For most of us, buying a home means financing your purchase with a mortgage. Most often, getting a mortgage depends on your how good your credit score history. While most consumers know that they have a “credit rating,” not all know their scores or [...]

Read the full article →

Governments New Mortgage Rules: How do they effect Home Buyers?

February 16, 2010 Blog

Hello Everyone: As you may have heard, The Government of Canada has just announced new standards to Government-backed mortgages.  Even though these were just announced today, I’ve already been asked twice about possible implications for home-buyers (especially First-Time Buyers).   I’m happy to say that, in MY opinion, these rules should NOT have a negative impact [...]

Read the full article →

Top 10 Reasons to use a Mortgage Broker

February 14, 2010 Blog
Mortgage Guaranty Building, aka City Lofts, 62...

Home Buyers know that they have to be pre-approved BEFORE going shopping for a new home. Many buyers are turning to Mortgage Brokers as their choice of providers. Here are 10 very good reasons for considering a mortgage broker.

Read the full article →

Investing in Winnipeg Real Estate

November 26, 2009 General Real Estate Info

Hello Everyone: Most of us are thankful for the low interest rates we are enjoying these days. But those low rates are a bit of a ‘double-edged sword’. If we’re borrowing money, we dont pay much interest, however if you’re buying RRSP’s or other investments, you’ll know that you’re getting around 2% return. Which is [...]

Read the full article →

Investing in Real Estate in Winnipeg

August 15, 2009 General Real Estate Info

Are you interested in investing in Real Estate in Winnipeg?  Perhaps buy a rental property, hold on to it for a few years and then sell it, hopefully at a nice profit?  Here are a couple of useful tips: First of all, there are 2 main ways to invest in real estate:  fix-n-flip houses for [...]

Read the full article →

Closing Costs: Things a Buyer needs to know

December 28, 2008 General Real Estate Info

When purchasing a home in Winnipeg, there are a number of costs and expenses for which a buyer needs to budget. Here are the main 'closing costs' involved when purchasing a house or condo. As always, I invite your comments or feedback on this or any other subject. For more info, be sure to visit [...]

Read the full article →

Mortgage Pre-Approval and C.M.H.C.: What Buyers need to know!

May 5, 2008 General Real Estate Info
Canada Mortgage and Housing Corporation

Image via Wikipedia Mortgage Pre-Approval! Being pre-approved by a mortgage lender is, today, the absolute minimum requirement before looking at, or making offers on, homes or condos.  In this day of ‘multiple offers’, homeowners can not take your offer seriously unless they know that you are pre-approved by a lender.  But there is a bit [...]

Read the full article →

“Where will the Winnipeg market go, and when will it end?

April 15, 2008 General Real Estate Info

Trying to predict the market is like trying to predict the weather: there are simply too many factors involved to do it accurately.  Some of my colleagues thought it might have ended in 2006, but that was not the case. This market is fuelled by several factors:  First time home buyers looking for their home [...]

Read the full article →

Next Entries →