July 2016 Issue 121

Your Home Sold

GUARANTEED Or I’ll Buy It! *

JULY 2016 - VOL 86

REAL ESTATE M A R K E T WA T C H

PRESENTED BY THE THE GOLFI TEAM

BREAKING NEWS

THE GOLFI TEAM IS STILL #1 HAMILTON, HALTON & NIAGARA

Top 100 Re/Max Canada Team Leader Residential Commissions

Top 100 Re/Max World Wide Team Leader Residential Commissions

#1 In Transaction Sales 4 years in a row: 2013-2016

Stats from The REALTORS® Association of Hamilton-Burlington (RAHB)

To Call The Golfi Team To Sell Your Home!

We have THOUSANDS of buyer in our database!

We sell homes for up to 6% MORE MONEY!

We sell homes up to 3 TIMES FASTER!

THE GOLFI TEAM sells an average of 1 HOME PER DAY!

Page 2

The GOLFI TEAM Real Estate Market Watch

July 2016

Do you need mortgage life insurance?

Mortgage protection can be a good idea, if for instance you have a condition or illness that might make it difficult to get insurance otherwise.

Q: I am a single, 70-year-old with a reasonable mortgage of $115,000. I have no family and no dependants. I find that the life insurance on my mortgage is too expensive. Do I need mortgage life insurance anyway? What for?—Katerina A: I’m glad that you noticed the life insurance you’re paying on your mortgage, Katerina. Many people don’t even know if their mortgage is insured or not in the first place. Click on your mortgage when online banking or check your most recent mortgage statement and you will most likely notice a reference to your mortgage being protected or insured or potentially not protected or not insured.

This insurance coverage is typically a combination of life insurance and disability insurance. In the event of death, the life insurance component of the policy pays off the outstanding mortgage. In the event of disability, the disability insurance component of the policy makes your regular payments. Banks are prohibited from selling most types of insurance in their branches other than life and disability insurance on credit products. The Canadian government has purposely done this to encourage competition in the insurance industry (primarily to ensure low premiums) as well as to avoid tied selling (needing to buy insurance in order to get approved for a mortgage). When you sign the multitude of papers the bank puts in front of you to get a mortgage, the financial adviser may ask you to initial a document to either insure or not insure your mortgage. My guess, Katerina, is that you initialed that “yes,” you wanted mortgage life insurance, also known as mortgage protection insurance.

A number of years back, I got a mortgage and specifically opted out of mortgage life insurance. Not long after, I realized that my mortgage was “protected” with mortgage insurance that I had said no to in the first place. So sometimes, you end up with mortgage life insurance even when you don’t want it!

Katerina, mortgage life insurance is more expensive than most group or individual insurance coverage. So you’re probably right—it is likely pretty expensive compared to other insurance alternatives. Sometimes mortgage life insurance is a good idea. For example, if you have a condition or illness that might make it difficult or impossible to get life or disability insurance separate from your mortgage. But for you to have insurance when you are retired and don’t have any beneficiaries, Katerina, is questionable. I’d say that most average Canadians should be considering insurance solely as a risk management tool.

That is, if there is a financial risk of you becoming disabled or dying either to you being able to provide for yourself or for your beneficiaries financially, you should consider insurance.

If you die, Katerina, with no family and no beneficiaries, the insurance serves only to provide a larger estate for you to leave to friends or charities. I’d say the cost of you incurring expensive insurance premiums at the age of 70 on an expensive mortgage life insurance policy is not even remotely appropriate.

Mortgage life insurance is profitable for banks. And it’s profitable for the financial advisers who get you to buy it. They’re often bonused on making sales like mortgage life insurance. Financial advisers are not fiduciaries. In fact, they’re sometimes not even financial advisers because they’re not really advising you on your finances. Most financial advisers are salespeople who work for a company and get paid to sell stuff. In this case, a financial adviser who is paid to sell things like mortgage life insurance got you to buy something that you don’t need. And because they’re not a fiduciary and don’t need to put your interests before their own, there’s nothing legally wrong with what they did—just morally wrong.

The financial industry is awash with questionable morals. I’d say this is an unfortunate case of someone putting their own financial interests ahead of yours. I’d also say that the bank is at fault for not having appropriate compliance oversight to question why a single, 70-year-old with no family or beneficiaries would benefit from mortgage life insurance.

I don’t like knocking the financial industry publicly, because it contributes to the distrust that exists of financial advisers. But maybe if enough people raise enough of a fuss in cases like this, consumers, companies, regulators and governments might help to ensure that financial advisers start to advise people on their finances instead of opting to line their own pockets.

PLEASE NOTE: Mortgage life insurance may sometimes be expensive compared to other alternatives, but that doesn’t mean you should go cancelling your mortgage life insurance after reading this article. First you should determine, potentially with the help of a professional, if you need insurance and how much. Then consider your alternatives. And before cancelling any insurance policy, make you that, if you need insurance, you already have a replacement policy in place.

by Jason Heath: a fee-only, advice-only Certified Financial Planner (CFP) at Objective Financial Partners Inc. in Toronto, Ontario. He does not sell any financial products.

www.GolfiTeam .com

July 2016

The GOLFI TEAM Real Estate Market Watch

Page 9

“We sell MORE...because we do MORE!”

SO0L,1D 00 $10

SO7,L10D1 $2

g!

askin over

SO5,L10D0 $3

g!

askin over

154 GRANT AVENUE

g!

askin over

1 GLENWOOD AVENUE

125 LYNBROOK DRIVE

The Golfi Team Advantage!

Find out how YOU can get MORE than MARKET VALUE for your home.

Remember experience does make the difference.

Call The Golfi Team today!

905-575-7700

SO0,L10D0 $2

SO5,L10D0 $7

g!

askin over

Wendy Murray-Nicholson*

Mike McNeil*

$2

g!

askin over

69 MOUNTAIN STREET

Sharon Stafford*

SO1,L10D0

Dan Golfi*

152 GRANT AVENUE

Jeff Golfi*

Laura Bielak*

Call Today 905-945-0188

Jennifer Draho*

Hank Balfoort,

BROKER OF RECORD

Ashley Sidler*

g!

askin over

4351 WILLOW WALK

Binda Traver*

Monique MacKay*

Donatella Pepe*

Rose Pimenta-Martinho*

Chris Sarievski*

Matthew Randazzo*

Page 4

The GOLFI TEAM Real Estate Market Watch

July 2016

Hamilton, Stoney Creek, Ancaster, Dundas & Glanbrook

ROB GOLFI

Sales Representative

Investors Alert!

Gorgeous Losani Built Freehold Townhome

First Year of 5 Year Lease.

Large House, Office, Studio!

Investment Opportunity!

2 Bedroom Condo!

2 bedroom Condo!

Rare 4 Bedroom Freehold End Unit

Attention Investors, West End 2 Bedroom!

Retail Space for Lease!

Shows Like A Dream!

Solid 2 storey mixed use commercial/residential property in the improving Barton St. Village.

Approximately 1800 sq.ft main floor building and 2-1 bedroom units on second floor 600 sq. ft each.

Priced to sell!

764 Barton Street East, Hamilton| $349,900

Walk to Gage Park. 2 plus 1 bedroom, 2.5 storey home. Three car parking in front, art studio in the lower level, seller willing to rent lower level and first floor for $2000.00 a month for a year. Backyard retreat, balcony on second level, third floor family room or bedroom.

942 Main Street East, Hamilton | $399,900

Live in downtown Hamilton’s trendy James St. S. upgraded kitchen , granite counter tops and stainless steel appliances, in-suite laundry, private yard with BBQ, 24hr concierge, lawn with small dog park, outdoor private patio, steps to the GO station 2373 King Street East, U#21, Hamilton | $124,900

Modern Luxury In This 4+1 Bedroom Home

2 storey home. Foyer wih cathedral/vaulted ceilings.

Open concept main floor with gas fireplace. Oak kitchen with granite. Mud/laundry room. Master With 5pc ensuite, walk-in closet & engineered hardwood.

Jack & Jill washroom. Fully finished basement.

86 Assisi Street, Hamilton | $739,900

Features open concept floor plan, upgraded kitchen with granite, large master bedroom with walk-in closet, ensuite with large soaker tub, shower and laundry on bedroom level. Fully finished basement with bathroom, rec-room and storage. A very functional layout. No laneway fees and located on a very quiet street.

156 Edenrock Drive, Stoney Creek | $399,900

Attention all investors, renovators, or first time home buyers! Beautiful Bungalow features 3 bedrooms, 1 bathroom, new roof, new water heater, and new furnace. Close to Tim Horton’s field, amenities and schools. Needs some TLC. 48 Highland Avenue, Hamilton | $179,900

Many upgrades with neutral decor, coffee accents, hardwood and ceramic floors and upgraded appliances. Off the kitchen deck, provides a covered walk-out for the downstairs. 2 parking spaces and a garage. $38/mo. road fee. Alarm system available.

23 England Terrace, Stoney Creek | $448,900

Retail space for lease along King Street E in a good retail area. One parking place at the rear and metered street parking. Open area would suit salon, store, studio etc. Large front windows. Along public transit route. Full basement with 2 washrooms.

599 King Street East, Hamilton | $950 /mth

Commercial tenant pays all utilities and property taxes except the portion of taxes for apartment. Used as restaurant/bar with full kitchen, 3 washrooms, 2 furnaces and central air. Partial basement with very large apartment rented $700.00 plus all utilities.

Each unit has separate meters.

79 Erie Avenue, Unit 75, Brantford | $419,900

Live in downtown Hamilton’s trendy James St. S. upgraded kitchen, granite counter tops and stainless steel appliances, ensuite laundry, private yard with BBQ, 24hr concierge, lawn with small dog park, outdoor private patio, steps to the GO station.

135 James Street South, U# 106, Hamilton | $259,900

2 bedroom, 1.5 bath home on quiet dead end street. Gas stove/BBQ hookup, some updates to baths, stacked laundry, plenty of storage and room in basement for hobby bench or craft corner. Hot tub sitting on deck cut out, hot tub can be negotiated separately with seller, sheds not included.

35 Baker Street, Hamilton | $279,900

Awesome beauty! Upgraded features include hardwood floors, oak staircase, crown moulding, California shutters, kitchen with upgraded cabinetry and granite counter tops, large bedrooms, finished rec-room with walk-out to luxury salt water pool & waterfall.

43 Bookjans Drive, Ancaster | $799,900

www.GolfiTeam .com

July 2016

The GOLFI TEAM Real Estate Market Watch

Hamilton, Stoney Creek, Ancaster, Dundas & Glanbrook

Page 5

ROB GOLFI

Sales Representative

Raised Bungalow on 6.78 Acres

3+2 bedroom bungalow with your own fishing pond & hunting grounds. Updates: kitchen counter, built-in oven, newer appliances, baths, three tiered covered deck, 50yr. shingles, rear entrance into finished basement with rec room, gas fireplace & woodstove.

125 Hutchinson Road, Lowbanks | $599,900

Exudes Character & Warmth!

This 2.5 story home exudes character & warmth. Open concept living with new custom kitchen cabinets, granite counter & new SS appliances. Stylish flooring with 2 luxury master suites & 4 baths. Windows, roof, updated wiring all ’16 & newer furnace.

20 Senator Avenue, Hamilton | $449,900

Spacious & Well Cared For Bungalow!

Executive 4+2 bedroom home! Upgrades: Granite in kitchen, prof. painted, roof in May ‘16., main floor den/ bedroom, built-in wall unit, in-law suite, entertainers dream home. Prof. landscaped backyard, perennial gardens and parking for 4 cars.

78 Walcotte Avenue, Ancaster | $725,000

JUNE REAL ESTATE MARKET STILL SIZZLING

The REALTORS® Association of Hamilton-Burlington (RAHB) reported 1,877 sales were processed through the RAHB Multiple Listing Service® (MLS®) System in June. Sales were 8.8 per cent lower than the same month last year yet were still the second highest sales on record.

There were 2,213 properties listed in June, a decrease of 12.9 per cent compared to June of last year. “June sales may have been lower than last year in June,” said RAHB President Kim Alvarez. “but they were still outstanding. Last June sales set an all-time record; this year, all property sales were 25 per cent higher than the 10-year average and the second-highest on record.” Seasonally adjusted* sales of residential properties were 9.2 per cent lower than the same month last year, with the average sale price up 12.7 per cent for the month. Seasonally adjusted numbers of new listings were 12.1 per cent lower than June of 2015.

Seasonally adjusted data for residential properties for the month of June, 2016:

Actual overall residential sales of 1,787 units were 9.8 per cent lower than the same month last year. Residential freehold sales were 7.4 per cent lower than June of 2015 while sales in the condominium market decreased by 20 per cent.

The median price of freehold properties increased by 15.3 per cent over the same month last year while the median price for condominium properties increased by 18.8 per cent compared to the same period. The average price of freehold properties showed an increase of 13.6 per cent compared to June of last year; the average sale price in the condominium market increased by 12.1 per cent when compared to the same period.

Average sale price is based on the total dollar volume of all properties sold through the RAHB MLS® System. Average sale price can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value. Contact a REALTOR® for information about your area or property.

“Listing inventory is still way down, with just a little over a month of inventory in the residential market,” noted Alvarez. “With the average days on market at 22 in the freehold market – which is one of the lowest in recent years - buyers would be well-advised to use a REALTOR® to help them navigate through this fast-paced market.” The average days on market decreased from 29 to 22 days in the freehold market and from 30 to 27 days in the condominium market, compared to June of last year.

The numbers for the month of June, 2016 compared to June, 2015:

Call Today 905-945-0188

Page 6

The GOLFI TEAM Real Estate Market Watch

July 2016

BENEFITTING THE L

Special Guests Anna and Elsa

Saturday

Centennial Park (Nelles School), 1

Family Activities – 7:30 pm • Brought

ADMISSION: NON-PERISHABLE FOOD ITEM

July 2016

The GOLFI TEAM Real Estate Market Watch

LOCAL FOOD BANK

Calvin’s Magic Show

y July 16

108 Main Street East, Grimsby

• Movie Starts – 9:00 pm to you by:

Supporting the Food Bank:

Our Sponsors:

Page 7

Page 8

The GOLFI TEAM Real Estate Market Watch

July 2016

Grimsby, Beamsville, Lincoln & West Lincoln

ROB GOLFI

Sales Representative

2 Storey Townhome

Enchanting Escarpment Property!

Large Bed & Breakfast

Great Location For This Live/Work Property

2 Acres Country Property on Deep Lot

3 Bedroom Condo Move in Ready!

Stately Home with In-Law Suite!

Great 3 Bedroom Bungalow

Custom Bungalow on 1 acre lot!

2 Storey Townhome close to parks, schools & highway access. Open floor plan with 3 bedroom, master ensuite with walk-in closet, fully fenced yard.

Kitchen with backsplash & task lighting 380 Lake Street, U# 38, Grimsby | $399,900

Extensively renovated home & shop on busy HWY 20. 4+1 backsplit open concept main floor with lower level oversized family room & sunroom. Shop currently utilized for Auto Body/Car Sales. Call for more details.

9747 #20 Highway, West Lincoln | $1,269,900

Home features 3 car garage, main floor dining room, great room, large eat-in kitchen, laundry and office.

1 bedroom in-law suite with separate laundry and entrance. Basement partially finished and backyard with above ground pool.

701 Broman Court, Caistorville | $724,900

This 2900 sqft home with open & inviting floor plan show like a dream, features family size kitchen, showcase gas fireplace in family room, spa inspired ensuite, prof. finished basement with spare bedroom & bath, terrace doors to private yard.

31 Bell Avenue, Grimsby | $825,000

Country property with trees, meadow & pond with island. Most of the home has been re-finished with new drywall. 4pc bath with jetted tub. Cistern & drilled well on the property (2010), C/Air (2010), most shingles (2010). Detached 2 door garage with cement floor and loft area with large bright windows.

8231 5th Concession Road, West Lincoln | $579,900

3 bedroom bungalow, 2 car garage with large basement rec room, in-ground saltwater pool, 30x50ft workshop/office, sunroom and washroom.

Roof ’11, Eaves/Soffit, Furnace/A/C ’14, main , gas fireplace ’13 9447 Silver Street, West Lincoln | $799,900

Bed & Breakfast overlooking the gorge of Niagara River, Scarlett O’Hara staircase, 5 private rooms with ensuite baths, dining room, family room with wood fireplace, party room, plus 3 bedroom living quarters.

Double garage & parking off the rear. Bookings through Expedia. Rates very $125-$175 a night.

5287 River Road, Niagara Falls | $969,900

3 BR Condo in Streetsville. Perfect starter/investment property with appliances included! This condo features hardwood floors, finished basement, 3 bedrooms, eat-in kitchen, living room/dining room, laundry, walk-out to patio, playgrounds for children & low condo fees.

6650 Falconer Drive, U# 79, Mississauga | $325,000

3300 sqft 4+1 bedroom, 5 bathroom custom built bungalow with a separate entrance IN-LAW set-up nestled on a 1 acre lot tucked away in a secluded upscale neighbourhood featuring a resort style private backyard yard. *Note this home is fully wheelchair accessible with elevator.

19 Alder Crescent, Fenwick | $999,950

OUR 5  CUSTOMER REVIEWS Gorgeous 3000 sq.ft. All Brick Victorian Home

Victorian home CIRCA 1900. With Carriage house, all original wood trim, hardwood floors, finished loft, slate tile roof, new furnace, kitchen with island, carriage house ideal for in-law with full kitchen and bathroom and separate furnace and central air.

168 Main Street East, Grimsby | $799,900

What a fantastic experience. Ashley Sidler was professional, knowledgeable and most of all trustworthy. Ashley was honest about what was best for our family. Every step of the way she communicated with us to make sure we were comfortable with every decision. Her efforts and hard work got us the best price. Ashley is personable, available and most of all she made us feel like we were her number one priority.

I would not hesitate to recommend her to anyone.

Move over Rob, Ashley gets it SOLD!!!-Maya

www.GolfiTeam .com

July 2016

The GOLFI TEAM Real Estate Market Watch

Page 3

What Every Canadian Should Know About Home Insurance Policies Home insurance policies can vary widely in many ways, including what losses are covered, how much the deductible is, and the coverage limitations. Understanding your home insurance policy thoroughly can help you decide which policy is the best to protect your property and your family.

Here are the basic components that make up most home insurance policies:

Dwelling

This part of your home insurance policy covers the structure (your house), as well as attached structures and fixtures. This could include decks, porches, garages, etc. You need to ensure that this part of your policy remains up to date – as the value of your home can change annually, and if you add any items that increase the value of your home (decks, air conditioning, dishwasher, etc.) then you may need to adjust your coverage.

Additional Structures

This portion of your policy covers any structures on your property that are detached from your home, such as garages, patios, fences, and storage sheds. However, outbuildings that are used to house a business or are used for business purposes won’t necessarily be covered under your typical home insurance policy.

Personal Property

One of the most vital parts of your home insurance policy is coverage for your personal items. It is important to take note of whether your policy covers your property for replacement cost or actual cash value. In the case of a claim, replacement cost will allot you the total cost to replace the items affected, whereas actual cash value policy will only pay out the value of your item, pro-rated for age, use and condition. If you have items in your home that are out of the ordinary and particularly valuable (i.e. art, electronics, jewelery, bikes, etc) you’ll want to ensure that your policy covers these items. If they are valued beyond

the limits outlined in your policy, most • Secondary Residence Insurance: insurance providers will allow you Covers another home, cottage, or to add additional coverage for these residence that your family regularly uses. specialty items.

• Additional Theft Coverage & Forgery Loss of Use Protection: Gives the homeowner If your home is uninhabitable after a added protection from theft of items in claim, then loss of use insurance will an automobile, trailer, or other personal help your family manage while your vehicle, and protects from forgery and home is being rebuilt or repaired. credit card theft.

Hotel expenses, meals, and incidental expenses are covered by this portion of Choosing Perils Coverage your home insurance policy, typically Most standard policies are referred for a specified period of time or to a to as comprehensive – meaning they maximum dollar amount. cover all perils except those which are specifically excluded. Many times you Endorsements can have additional perils covered for These are individual additions to your a cost. However, if you are looking to policy and can provide extra coverage. save money on home insurance, then Common endorsements include: considering a basic or named perils policy might help you to do that by • Guaranteed Replacement Cost: allowing you to name which risks you Provides the policy holder with the full would like covered – like fire or theft, replacement cost of their home. Home while excluding all other risks. owners can also choose endorsements that provide 20% or more additional Once you fully understand the funds in case there are extra costs for components of home insurance, the new/replacement construction. you’re in a prime position to examine your own home insurance policy and • Inflation Protection: Matches the make an informed decision. You can payout of your insurance policy to adjust your coverage to better meet appropriate inflation. your needs, or look for cheap home insurance by getting quotes from • Scheduled Items: Allows you to different providers. Either way, you’ll declare particular items of value that be able to rest easy, making sure that may not normally be covered under a you have the coverage you need, and regular policy, or increases coverage of feeling confident that you’re paying an these items. Can include possessions appropriate premium for the protection such as art, rare collections, firearms, you have. and computers.

Call Today 905-945-0188

Paul Lewis Settimi

Page Page 10 10 Jacqueline Paradisi Page 10

TheGolfi GOLFITeam TEAMReal RealEstate EstateMarket Market Watch Barrister, Solicitor and Notary Public July The Watch June2016 2015

Marketplace Marketplace The Golfi Team Real Estate Market Watch

June 2015

8 Main Street East, Suite 303 Hamilton, Ontario L8N 1E8 Bus: 905-527-0808 Fax: 905-527-0774

HOME STAGING

20 Main Street West Grimsby, Ontario L3M 1R4 Bus: 289-235-7500 Fax: 905-527-0774

paul.settimi@cogeco.net

AGM Invitation

Are you selling TOM SULLIVAN your home? • home evaluation and color consultations • home staging Does the interior or • redesign • real estate photography and advertising exterior need some Page 10 The Golfi Team Real Estate Market Watch June 2015 • personal shopping for home dÊcor and decorating work to get it into The Board of Directors and Administration of the • Feng Shui consultations selling condition? ! Real Estate package Grimsby Benevolent Fund invitesspecial: you to NEW cordially Barrister, Solicitor and andNotary NotaryPublic Public Barrister, Solicitor

• home evaluation consultation with OUR SERVICES:

Real Estate Lawyer Lawyer Real Estate

Paul Lewis Settimi Settimi Paul Lewis

Marketplace

Jacqueline Jacqueline Paradisi Sandra color consultation join us atBahoric ourParadisi Annual Meeting. • HD Real Estate photography and

Certified home staging and redesign professional, Member of RESA

aerial photography

Thursday, June 23, 2016,Call 6:00pm 905.912.8781 Home Smarts now

homesmartsstaging.ca

for a

free

Town Hall, Council Chambers, HOME STAGING HOME STAGING 160 Livingston Avenue Grimsby ON

intro consultation!

Advertise Here SERVICES: OUROUR SERVICES: • • • • •

• home evaluation and color consultations

home evaluation • home stagingand color consultations home staging • redesign redesign • real estate photography and advertising real photography advertising • estate personal shopping forand home dÊcor personal shopping for home dÊcor and decorating Feng Shui consultations and• decorating • Feng Shui consultations

For information on advertising in the Jacqueline Paradisi Market Watch, contact

!

NEW RoseNEMagro W! Real Estate package special:

Real Estate package special:

Hyoopue tthoersee!e

Sandra Bahoric email:

• home evaluation consultation with consultation • homecolor evaluation consultation with • HD Real Estate photography and color consultation aerial photography • HD Real Estate photography and

rose@golfiteam.com Certified home staging and redesign cell: 905-745-0122 Certified home staging and redesign Sandra Bahoric professional, Member of RESA

HOME STAGING Call Home Smarts now 905.912.8781 aerial photography

professional, Member of RESA

homesmartsstaging.ca 905.912.8781

homesmartsstaging.ca

Buying a home through us?

a free intro consultation!

Callfor Home Smarts now

for a

free

intro consultation!

OUR SERVICES:

Advertise Here Advertise Here • • • • •

home evaluation and color consultations home staging redesign real estate photography and advertising personal shopping for home dÊcor and decorating • Feng Shui consultations

provides on advertising in the “Peace For information W! Real Estate package special: E N Together.

Market Lives Watch, ofChanging Mind�

For information oncontact advertising in thewith • home evaluation consultation

Sandra Bahoric

Rose Magro

color consultation

Market Watch, contact • HD Real Estate photography and

Certified home staging and redesign professional, Member of RESA

aerial photography

email:Magro rose@golfiteam.com Rose now homesmartsstaging.cacell: 905-745-0122 free 905.912.8781

Call Home Smarts for a intro consultation!

email: rose@golfiteam.com cell: 905-745-0122

Advertise Here

Buying a home through us?

Buying a home

through provides us?For information on advertising in the Market Watch, contact “Peace provides of Mind�

“Peace Rose Magro email: rose@golfiteam.com of Mind� cell: 905-745-0122

www.tjsullivanrenovations.ca 88Main 303 MainStreet Street West MainStreet Street East, East, Suite Suite 303 2020Main West Hamilton, 1E8 tomsullivan123@bell.net Grimsby,Ontario Ontario L3M 1R4 Hamilton,Ontario Ontario L8N 1E8 Grimsby, L3M 1R4 Bus: Bus:289-235-7500 289-235-7500 Bus:905-527-0808 905-527-0808 Bus: No Job Too Big or Too Fax: Small Fax: 905-527-0774 Fax: 905-527-0774 Fax:905-527-0774 905-527-0774

289-442-7388

paul.settimi@cogeco.net paul.settimi@cogeco.net

if you’d like to learn how Bni Real Estate Lawyer (www.bnigh.com) works and what it can

do for your business, call or email me at laura@golfiteam.com. i can arrange for you to visit a chapter meeting close to you so you can see how and Notary Public Bni helps members develop referral business relationships.

20 in Main Street West two Bni chapters the Gta recently reported referral business totaling for Grimsby, Ontario L3M$1m 1R4 the past year! Bus: 289-235-7500

Paul Lewis Settimi Senior

Barrister, Solicitor “Changing The Way World Does Business™â€?

8The Main Street East, Suite 303 Hamilton, Ontario L8N 1E8 Bus: 905-527-0808 Fax: 905-527-0774

Senior Downsizing Downsizing

Fax: 905-527-0774

WE GUIDE YOU THROUGH THE ENTIRE PROCESS Laura Bielak WE GUIDE YOU THROUGH THE ENTIRE PROCESS paul.settimi@cogeco.net

905-575-7700

Sales Representative, Golfi Team Pamela Culp The Blanchard

Cell: 905-971-9568 Pamela Culp Blanchard Cell: 905-971-9568 www.seniordownsizing.ca

www.seniordownsizing.ca

if you’d like to learn how Bni (www.bnigh.com) works and what it can if you’d like to learn how Bni do for your business, call or email me at (www.bnigh.com) works and what it can laura@golfiteam.com. do for your business, call or email me at i laura@golfiteam.com. can arrange for you to visit a chapter meeting close to you so you can see how i canhelps arrange for you to visit a chapter Bni members develop referral “Changing The Way meeting close to you so you can see how business relationships.

The World Does Business™�

Bni helps members develop referral two Bni chapters in the Gta recently “Changing The Way business referral relationships. reported business PROCESS totaling $1m for The World Does YOU Business™â€?

WE GUIDE THROUGH THE ENTIRE twopast Bni chapters in the Gta recently the year!

Senior Downsizing

reported referral business totaling $1m for Pamela Culp Blanchard Cell: 905-971-9568 the past year!

Laura Bielak www.seniordownsizing.ca Sales Representative, The Golfi Team

905-575-7700

Laura Bielak

Crossword Solution 905-575-7700

Laura Bielak

905-575-7700

Sales Representative, The Golfi Team if you’d like to learn how Bni (www.bnigh.com) works and what it can do for your business, call or email me at laura@golfiteam.com. i can arrange for you to visit a chapter meeting close to you so you can see how Bni helps members develop referral “Changing The Way business relationships.

The World Does Business™� two Bni chapters in the Gta recently reported referral business totaling $1m for the past year!

Sales Representative, The Golfi Team

Buying a home through us?

Crossword Solutions

Crossword Solution

Call www.

Today GolfiTeam 905-575-7700 .com

Crossword Solution

provides “Peace of Mind�

www.GolfiTeam .com Call www.

Today GolfiTeam 905-575-7700 .com

Crossword Solution

July 2016

The GOLFI TEAM Real Estate Market Watch

Page 11

CONSUMER FEATURE

New program provides emergency mortgage loans to homeowners Richard Matakovic, and Matakovic Wealth Management provide sound, disciplined and all-encompassing wealth management advice to business owners, professionals and families who seek answers to the challenges in our ever changing world. We take the complexity of managing wealth and simplify it through building strong relationships with our clients and through understanding what is truly important to them. Backed by TD Wealth we have access to the expertise that will help guide you to the strategies and solutions that are best suited to your circumstance.

With over 15 years of experience in the industry, Richard is honored to have many strong and trusted client relationships that have developed through truly getting to know these families.

Richard is committed to continuous education in order to always bring the best to bear for his clients, along with a degree from the University of Ottawa, Richard is proud to have earned the Financial Management Advisor (FMA), Canadian Investment Manager (CIM), and Fellow of Canadian Securities Institute (FCSI) designations.

Richard is very involved within the community as he volunteers coaching minor soccer and high school football in the Hamilton area.

"I look forward to exploring wealth management strategies and solutions with you as we work together towards achieving your unique financial goals."

On November 1, 2012, Expert Mortgage launched the “85-Alive” program in Ontario.

The concept was simple: as long as you had a pulse, Expert Mortgage would provide you with a home equity loan, up to 85 per cent of the value of your property. No job required. Bad credit, OK. The reason why Expert Mortgage could offer a “no questions asked” lending program, while the major banks could not, is that they represent over 200 private lenders who lend strictly on property value. These subprime lenders specialize in mortgage clients who have had some bad luck, and need a helping hand until they get back on their feet.

The program has been so successful that Expert Mortgage can barely keep up with the volume of calls. To help fund this unexpectedly large number of borrowers, it has partnered up with dozens more private lenders.

Licensed Mortgage Agent Rashida Riel Expert Mortgage’s “85-Alive” representative for the Golden Horshoe Region, says, “We’re seeing mostly homeowners behind on mortgage and property taxes. The banks are refus-ing to restructure their loans.

Many of these people have lost jobs due to the bad economy... or they’re selfemployed. Unless you are a perfect applicant, the bank doesn’t want to talk to you.”

But not everyone condones Expert Mortgage’s easy lending criteria. A local real estate agent with 25 years of experience, who has asked to remain anonymous, says, “When this market turns down, it’s going to get ugly! It’s utter financial suicide for Expert Mortgage to be giving money away so easily to clients without the ability to make payments. I’d be surprised if they’re still in business five years from now.”

Nonetheless, homeowners

like Anita P. don’t see a problem with the program. When questioned on how she plans on making payments on her mortgage when she has no income, Anita responds, “We were four months behind on our mortgage and they saved our house. My husband has been unemployed for nine months. He won’t be unemployed forever. We used the 85-Alive loan to pay off all our debits. We also had $25,000 left over that we put in the bank for emergencies. And to make life easy, they worked it out so we have no mortgage payments for 12 months.”

For more details on the ”85Alive” program, contact Rashida Riel www.RashidaRiel.ca 905-531-6223 or 1-888-334-6089 BROKER LIC#12079

Level: Hard

Crossword Solutions

How to Play Sudoku Fill in the grid above, so that each row of 9 squares, each column of nine and each section of 9 (three squares by three) contains the numbers 1 through 9 in any order. There is only one solution for the puzzle and the numbers shown can NOT be changed.

Call Today 905-945-0188

Page 12

The GOLFI TEAM Real Estate Market Watch

July 2016

Chris Sarievski Joins The Golfi Team!

ROB GOLFI

Sales Representative

Chris Sarievski is a consistent top performing realtor in the Hamilton Burlington real estate market, he goes the extra mile and works to get the results his clients deserve and expect from him.

His clientele consists of first time buyers that take comfort in knowing that he will take the time to guide them through the home buying process and answer any questions they have and he strives to make the home buying process as simple and enjoyable as it can be.

Sellers benefit from his years of experience and tenacious style and ultimately hire Chris to deliver superior results!

His goal is to make the selling process an amazing experience for his sellers while achieving the highest selling price possible for their home.

Chris Sarievski

Chris is known for his no nonsense direct approach will tell you the facts straight and excels at negotiating the tough deals.

Cell: 905-929-7471 Office: 905-575-7700 Chris@golfiteam.com

His personable and professional character allows Chris to build and maintain solid relationships which contributes to his business growing from repeat and referral clients. He is also fluent in Macedonian, Serbian and Croatian. Thinking of buying or selling? Call Chris now!

Sales Representative

Feature Home in Fenwick 19 ALDER CRESCENT

CUSTOM BUNGALOW! 1 ACRE LOT! Welcome to 19 Alders Crescent a sensational Fenwick Estate nestled on a private 1 acre lot with over 3000 sq.ft. of main floor living space. This bungalow provides a unparalleled venue for indoor and outdoor entertaining. Beautiful tile and real wood flooring throughout the foyer, formal living and dining room. The impressive kitchen boasts cherry wood cabinetry, granite counters and stainless steel appliances that accompany a family room with gas fireplace and entertainment centre. The home offers 4 bedrooms, 4 bathrooms, 2 ensuites and a elevator on the main floor. Enjoy coming home after a round of golf or a hike through the short Hills to a tranquil resort style backyard and take a refreshing dip in the heated salt water pool. The one bedroom/one bath partially finished basement with in-law suite and separate entrance is the perfect private retreat for friends and or family. Other features include: All stone exterior, paved driveway, triple car garage, interior/exterior pot lighting, manicured grounds with mature trees, gas BBQ hook up, california shutters, main floor laundry and central vacuum. This entire home is fully wheel chair accessible!

Call The Golfi Team today at 905-945-0188 for a private viewing or visit our website at www.robgolfi.com.

www.GolfiTeam .com