Trusted Tips and Resources

Trusted Tips & Resources

Saskatoon Mortgage Broker expert TRUSTED TIP on Saskatoon Directory :Ways to Save Money on your Mortgage?

Ways to Save Money and Interest Costs on Your Mortgage

The main benefit to paying off your mortgage faster is reducing the overall amount of interest that you pay on your mortgage. What is one way you can do this? By using payment privileges provided by the mortgage lender. Depending on the type of mortgage you have, either open or closed, these are your options: With OPEN mortgages you can make extra payments of any amount as well as fully payout your mortgage at any time, without penalty. However, you usually pay a higher interest rate for this type of mortgage and privilege. CLOSED mortgages are the more common choice and also offer privileges for paying down the mortgage faster with the ultimate benefit of reducing the interest you pay over the life of your mortgage. These programs differ from lender to lender. At the end of the day, you would not choose a lender based solely on this. Payment Privileges usually offer a Few Different Options:

• Annual or periodic lump sum payments: Payments from 5%-25% of the original principal mortgage amount are allowed each year without penalty

• Increase your payment: You may also increase your current payment by 10% or even 100% each year.

• Double your payments: Some lenders also offer the option of doubling any and all payments.

• Accelerated payments (not monthly): Choice of weekly, bi-weekly, or semi-monthly payment.

The more often you make payments, usually the faster the mortgage is paid off. You usually end up making a few extra payments towards the mortgage each year because of the payment option you choose.

An example of how taking advantage of even one of these privileges can save you thousands is easily illustrated with the Accelerated Payment Privilege:

On a $280,000 mortgage that is amortized for 30 years at 3.5%, the regular monthly payment would be $1253.38.

The accelerated bi-weekly payment would be $626.69.

This would allow you to pay your mortgage off in 26 years instead of 30 just by changing your payments to accelerated bi-weekly (every 2 weeks)!

If you were to make a lump sum payment of 2% each year on that same mortgage with accelerated bi-weekly payments, you would pay off the mortgage in 16 years & 11 months and save $53,432 in interest expense...all for an investment of only $5600 each year, and you would be mortgage free 13.1 years earlier!

What is another great way you can save money on your mortgage?

Currently, there are some fixed mortgage interest rates at all time lows in Canadian history! So now is a great time to check with your mortgage broker to see if it is worth it to switch from your existing mortgage rate to a new lower rate. There are usually penalties involved to payout your existing mortgage early as well as possible appraisal and legal fees. But even with all those fees it could be well worth it and save you possible thousands of dollars in interest costs on your mortgage!

Find TRusted Mortgage Brokers here in the SASKATOON MORTGAGE Category on THE Saskatoon directory of excellence.

 

Tip provided by Tamara Mezzo- who was a Previous Trusted Saskatoon Mortage Broker

 

 

 

 

 

Palliser EQ3 a Saskatoon Furniture expert, share a Trusted Tip on LEATHER on the Saskatoon Directory of Excellence

Palliser Rooms EQ3 is an independent furniture store that has been operating in Saskatoon for nine years. The store specializes in offering a generous selection of contemporary furnishings (predominantly Canadian brands) and a personalized service that is forward-thinking and client-focused. Customer reviews describe Palliser Rooms as a "great shopping experience," "with exceptional sales staff," "best displays and best furniture in town," and the kicker: "great delivery service." The comments reflect the company's commitment to providing excellent customer service and speak to their impeccable taste and attention to detail. A Tip from Palliser Rooms / EQ3 -

Why Choose Leather?

Leather is a natural product possessing beauty, strength and versatility. It is an excellent lifestyle choice, is easy to clean and provides lasting value. Leather hides can be processed using a variety of methods and finishing techniques resulting in a product that can be used on all upholstery styles from relaxed, contemporary, classic and everything in between. How to Choose Leather? When making a leather choice, it is important to understand some basic terminology. Top grain leather comes from the outermost upper layer of the cowhide. The best top grain hides have been sorted into those with limited scratches, insect bites or other damage and can be minimally processed. This allows them to be used in a more natural form resulting in a softer hand and more natural character. Corrected leather is a common term which means that the surface of the hide was processed to provide a uniform look and finish. The end product won’t feel as soft but is exceptionally durable and affordable.

The consultants at Palliser Rooms have spent many years as professionals in the furniture industry and are dedicated to ongoing training and research in order to provide customers with accurate information and helpful advice. They understand that making a good buying decision begins with an understanding of the product and requires proper planning . Their experience has equipped them with the ability to ask the right questions in order to ensure their clients are comfortable with their buying decision.

We'd also like to share our Featured Product – Home Theatre Seating

Palliser Rooms / EQ3 Home Theatre furniture will take entertaining in your home to a new level. We have many great new options for home theatre seating in 2012! All of our styles can be customized in your choice of a great selection of leathers and fabrics. To get the ultimate in comfort, you can add power reclining mechanisms to your home theatre seating. Power reclining allows you to set the reclining position of the furniture to the perfect spot with just the touch of a button. You can also go for a very dramatic touch with several of our models that feature LED light options along the bottom of the seating and around the cup holders and controls for visibility during the movie! Several of our new models also feature cup holders that can be covered with sliding arms as well as removable laptop trays and tablet reading supports.

Find Pallier online at www.pallisereq3.com  or go to their listing in FURNITURE here, or go and visit their massive showroomon Faithfull Ave, saskatoon... they are on THE Saskatoon directory of excellence ..they are your Saskatoon Furniture experts!

 

Saskatoon Bookkeeping and Professional services Experts share a Business Tip on the Saskatoon Directory of excellence.

 

Why Do I Need To Find A Qualified Administrative Assistant?

Most employers think that an entry level employee is all they need for an Administrative Professional. Whether it’s a receptionist, administrative assistant, or other front line employee these are the people who keep the business running smoothly.

Most employers don’t realize what kind of skills are critical for front line business personnel. One of the biggest mistakes employers make is hiring someone not suited for the position. Who would you rather encounter at a store? Jane who is rude and can process your purchase in 15 seconds while throwing your new sweater in a bag and getting you on your way, or Rose who takes 30 seconds but is a genuinely friendly person who takes the extra time to fold your sweater and place it in the bag? Most people can work a cash register if shown properly. Not everyone is pleasant, friendly and takes care and pride in their job. Can anyone answer the phones and do the filing? Anyone can “complete” the job but how many can do it right? Have you tried to juggle 4 phone calls at once, handle a courier at the door and then get that stack of filing done? These are everyday challenges faced by many administrative professionals.

How many times have you tried to locate an invoice or report and couldn't find it because of filing error? It’s very frustrating and can cause unnecessary stress for everyone. Other struggles in the front office are lost calls, incomplete telephone messages, misfiled information, vague instructions and bad communication. There are ways to manage these problems without firing the person and going through the arguous process of finding the perfect person for the job. But how do you get this done without taking YOUR time away? You may already have the perfect person, they may just need training or help to accomplish goals.

Our Customer Service Training includes the following:

• Telephone and Electronic Mail Etiquette

• Mail Distribution

• The Importance of A Professional Image

• Message Taking

• Document Control

• Professional Presentation of The Company

• Customer Service For Front-End Professionals

• Client Relations

• Vendor Etiquette

 Goal Setting

• Workload Management

Trusted Saskatoon Home Builder Expert have a Trusted Tip on PINK WOOD, what it does and why you want it!

 

PINKWOOD ENGINEERED WOOD PRODUCTS

Helping to Provide Healthier, Safer Homes for Families Wood is a fantastic building material. It is lightweight, strong, economical and renewable. It is however, very susceptible to fire. Add to this the growing number of cases involving mold found in homes due to moisture being trapped in the building envelope, and you can see why PinkWood is the smart choice for today’s homes. PinkWood uses a revolutionary, factory applied coating process, designed specifically to provide a visible and effective barrier against fire, mold, fungus and rot. These are not the things you think about when you are building your dream home. All PinkWood building products are coated with PinkShield™, a non-toxic, environmentally friendly technology. PinkShield™ coated products resist the growth of mold and rot fungus while providing added fire protection to your home through the use of integrated fire retardants.

PINKSHIELD

PinkShield is a non-toxic protective coating that when exposed to flame, creates an endothermic reaction that significantly slows the time to ignition of the coated material and decreases the rate at which the fire spreads. PinkShield's chemistry is specifically designed to inhibit the growth of mold while at the same time reducing moisture absorption and improving weatherability. PinkShield additives meet all the categorization criteria set out by the Canadian Environmental Protection Act.

FIRE RESISTANT

Fire protection is one of the largest issues facing the building industry today. PinkShield addresses the issue, as it contains specialized fire retardants designed to reduce the chance of fire starting and slows the burn if a fire does start…. Jason Campbell was a Fireman before he started Campbell Homes, and he knows what a difference Pink wood makes for the safety of the family inside the house..and the fireman who attend house fires…..the key in success when it comes to a house fire is TIME…..with normal home fires you have 15 mins tops before the structure is beyond saving…..so this protects property and lives! For healthier, safer homes - trust PinkWood and protect the things that matter most.

MOISTURE RESISTANT

During the construction process, building products are exposed to moisture in the form of snow and rain. The PinkShield coating used on PinkJoists encapsulates the wood components, helping to repel water in order to protect the structural integrity of our products during the construction phase of homes.

HEALTHY, MOLD FREE

Recent research has proven mold contamination in homes is associated with an increase of serious health issues ranging from allergy symptoms to severe respiratory damage. The PinkShield coating technology used on every PinkJoist effectively prevents the growth of harmful molds, making homes healthier places to live For healthier, safer homes - trust PinkWood and protect the things that matter most.!

 

 

Stay Trusted my friends Safe and Trusted of course

Trusted is invested in being PURELY POSITIVE in all we do!

• Article Source www.pinkwood.ca

 

Trusted Saskatoon Real Estate expert's TRUSTED TIP on Buying a Home on the Saskatoon Directory of excellence

TRUSTED SASKATOON REALTOR Real Estate TIP for Home Buyers

How to get THE home at THE price

 Whether you are buying your first home or your fifth, the process of buying a home can be an emotional, time-consuming venture. Feeling that, in the end, you made the right decision and got a good deal can make all the difference. As with most major decisions, the amount of work and research you undertake before you start shopping can have a dramatic effect on how well you do in the end.

#1 Do you really need that backyard tennis court?

Everyone can picture their ideal home. If you haven’t thoroughly prepared yourself prior to viewing houses, chances are that you will find what you think is your ideal home, and will wind up paying too much for it. It is essential to treat the buying process in a slightly detached manner. Those who fall in love with houses usually pay too much. That’s why it’s recommended that you develop a list of needs and one of wants. When looking at houses, make sure that they cover all of your needs – things like adequate space, a good neighborhood, perhaps a garage – and then have fun with items on your wants list. Treating the process in a regimented manner will help you to make a rational, informed decision.

#2 Get pre-approved

Visit your lending institution prior to shopping. Be sure to get a mortgage commitment in writing. Being pre-approved gives you a solid price range, and lets your Realtor® and potential sellers know that you are serious and not just a browser.

#3 Get the right people behind you

Buying a home is a complicated process, with many people involved. Having the right people on your side can make a big difference. An experienced, dedicated, and knowledgeable Realtor® can put a team of advocates, including lenders, lawyers, home inspectors and movers, on your side immediately.

#4 Communicate

The more you share with your Realtor®, the better he or she will be able to represent you. Letting your representative know exactly what you’re looking for, in terms of needs/wants, price range, and location, can eliminate unnecessary trips to unsuitable homes and that focus can help ensure that you wind up in the right home.

#5 Location, location, location

It’s still true. The desirability and resale value of your home depend on location more than any other factor. People want a desirable community that includes character, quality of schools, access to work, major transportation arteries, recreational facilities, etc. On your viewing trips, take a careful look and ask the following questions: How does this home compare to others in the neighborhood? Are yards fenced? Are there many children playing in the streets? Are the front and back yards and the exteriors of the homes properly maintained? The less expensive houses in a better area tend to appreciate faster than the most expensive houses in a less desirable area. Additional factors that affect the property value of a home include traffic, sounds, smells, zoning bylaws, and many others. Be objective. Be sure you are completely satisfied with the neighborhood. If you choose a neighborhood with problems, you likely won’t get as much as you hoped with it comes time to sell.

#6 Use your Realtor’s® knowledge

Your Realtor® is trained in all aspects of real estate, including understanding supply and demand, economics, and the neighborhoods of the city in which they practice. A professional Realtor® can do much of the work for you, by reviewing your needs, reviewing available properties, and making an informed match. A comprehensive knowledge of the available homes in your neighborhood is one of your Realtor’s® strongest assets. With the aid of computerized systems, a Realtor® is notified within hours when a home becomes available.

#7 Pay attention to red flags

When evaluating a home, be sure you know the difference between acceptable and unacceptable problems. Cosmetic items like peeling paint, worn carpeting, or unattractive wallpaper can be easily remedied, and can be used as negotiation items, as there will be costs involved in updating the home. Major problems, however, are clearly red flags. Look for items such as major foundation cracks, water damage, outdated electrical systems, and inadequate plumbing. These items could be too expensive to remedy to make the home a worthwhile investment.

#8 Hire a home inspector

A home inspection is an inexpensive way to gain peace of mind, and guard your pocket book. A proper inspection will cover all areas of the house including foundation, electrical, heating, plumbing, floors, walls, ceilings, attic, roof, siding and trim, porches, patios, decks, garage and drainage. A professional inspector can give you an objective view of the property, with a written report, indicating the present condition and items that will need repair.

#9 Be cautious with fixer-uppers

Sometimes, a fixer-upper can be purchased below market value, and once sufficient repairs are made, can be sold at a significant profit. However, not all fixer-uppers will bring in the profits you might expect. Consumers often overestimate their level of dedication to doing extensive renovation work, and underestimate the costs associated with such work. A wall that needs to be replaced can often lead to the discovery of faulty plumbing, electrical, or other major undertakings. Your Realtor® and home inspector are your best allies when it comes to cost-benefit analyses.

#10 Consider your future needs

A move can be a major undertaking. Take a good look at your current lifestyle and consider the future. Will you need extra space for a home office, a child, or perhaps a child moving back home? Perhaps it may be easier and less expensive if you purchase a home that can meet these needs now, rather than moving up to a larger home a few years down the road.

#11 Proceed quickly

When you’re ready to buy, act. Good properties sell. This is especially true given the current state of most real estate markets. However, when you work with a Realtor®, you have access to the latest technology. As part of the MLS and Agent Handshake networks, a Realtor® has access to properties within hours of when they are listed. Technology works to your advantage. Many Realtors® now have personalized websites which allow you to sign on as a client, and receive notification of new listings via email. You save time and effort, and you can view only those homes that come closest to meeting your needs.

#12 Clarify relationships

In any real estate transaction, be very clear about who is working for whom, and what the relationship represents. Unless otherwise stated, an agent represents the seller in transactions for the sale of a home. This agent, as part of his or her fiduciary duty, must ensure that the seller’s (and not your) position is represented throughout the entire process. Get a buyer’s agent on your side, or ensure that someone is acting in your best interests.

#13 Ask for a written CMA

A Comparative Market Analysis (CMA) is an analysis of comparable homes in a given neighborhood. It shows you the sale prices of comparable homes in the neighborhood, along with asking prices of other homes in the area currently on the market. A Realtor® can request this report for any home and neighborhood. Ask for this report in writing. With this valuable document, you’ll have solid, reliable information about how fairly a home is priced compared to its real market value.

#14 Know the seller

Understanding a seller’s reasons for moving could work to your advantage during negotiations. For instance, a seller who has been transferred to another city may be more motivated to sell than someone who is still shopping for a new home. A vacant house, or a house that has been on the market for several months and has been reduced in price, could also provide the opportunity for lucrative negotiations.

#15 Keep it impersonal

Conversely, information could be used to your detriment. Information about your mortgage, size of down payment, move-in deadline, or circumstances for buying could be used to the seller’s benefit in negotiations. While you want your Realtor® to know these details, maintain your poker face and keep your cards hidden with the sellers and their agents.

#16 Measure twice, sign once

While you definitely want to move quickly once you’ve made the decision to purchase, you don’t want to cave in to pressure for a quick close. Someone who is trying to pressure you into buying a home is likely doing so for a reason. Make sure the reasons for you to buy a home are your reasons, not theirs.

#17 Exercise your negotiating skills

Even if you prefer not to haggle, it’s worth it, especially when it’s your home and one of your biggest investments. Most people expect to haggle over the price. There is always room for negotiation, and your Realtor® should be a professional negotiator.

#18 Avoid bidding wars

In some cases, the seller’s Realtor® may use scare tactics to rush the sale or increase the price. Falling for this trap could cost you money. If there is another buyer, or some other reason this pressure is being applied, whoever wins also loses because they tend to overpay. Let reason be your guide, not passion.

#19 Get it in writing

Legally, sellers must disclose all known material defects of a property. Ask for this in writing. Also be sure to consider the ramifications of these defects. Will they be costly down the road? Are they “serious” defects?

#20 Be aware of hidden costs

While Realtors® often tempt first-time buyers with rent/mortgage comparisons, there is more to a home than simply the mortgage. You will be responsible for other items including mortgage insurance, appraisal fees, legal fees, inspection fees, transfer taxes, title insurance, inspections, property tax, increased bills, etc. Your Realtor® can give you a good idea of the costs associated with buying a home that are beyond its final negotiated price.

Find Trusted Saskatoon Realtors and check out their listings here in the SASKATOON REAL ESTATE Category on THE Saskatoon directory of excellence.

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129 21st St E #400
Saskatoon, SK   S7K 0B2
Ph: 306.244.4150

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