Amortissement et mise de fonds, changement à l’horizon

http://bit.ly/6Xrmre article intéressant sur l'immobilier de la part du gouvernement fédéral tiré du journal les affaires



Le ministre Flaherty a raison d’être préoccupé par le niveau d’endettement des Canadiens et des nouvelles tendances hypothèque avec 0% de financement, avec des amortissement super long sur 35 ans.

Il serait intéressant de se poser la question qui bénéficie vraiment de l’augmentation exponentielle du prix des maisons et de l’extension des termes d’amortissement sur les hypothèques jusqu'à 35 ans. Est-ce que ce sont vraiment les acheteurs, ou serais-ce peut-être les vendeurs, les institutions financières et les agents d’immeubles ?

Le prix d’entrée pour l’acquisition d’une propriété est devenu très élevée. Afin de soutenir ce marché le gouvernement a augmenté les amortissements qui sont offert par la SCHL et autre entités qui assurent les titres hypothécaires. Le résultat final est que l’acheteur moyen ce voit maintenant éligible pour se qualifier pour des montant d’hypothèques beaucoup plus élevé mais est-ce vraiment souhaitable de pouvoir se qualifier pour des montants hypothécaires plus élevées.
Qu’est-ce qui arriverait si le gouvernement resserrait les critères d’approbation et exigerait une mise de fonds minimale de 5% (sans possibilité de mises de fonds multi-source, c'est-à-dire, à partir de fonds empruntés) avec un amortissement maximum de 30 ans sur les hypothèques.

Ce qui se passe en réalité c’est que l’acheteur moyen pait un prix plus élevé dont il en a vraiment les moyens. Est-ce qu’un couple qui a un revenu familial de $80,000 / année à vraiment les moyens de faire des paiements hypothécaires de $1500 / mois ?

Hausses des taxes municipales en vue

http://argent.canoe.ca/lca/affaires/quebec/archives/2009/12/20091223-182419.html

Comme on pourrait prévoir, c'est rendu presque inévitable. Les taxes municipales augmenteront de nouveau l'an prochain.

Il va de soi qu'être propriétaire d'une propriété vient avec sa part de responsabilité mais le fardeau que nous avons tous a relever augmente d'année en année. Dans le cas de la ville de longueuil il cherche à augmenter les taxes de 9.6% pour l'année 2010. C'est beaucoup plus que l'augmentation du cout de la vie. Pour plusieurs cela signifiera une augmentation de $200-$300.

Pour ceux qui veulent acheter une propriété il est très important de prendre en considération le coût des taxes foncières et aussi des fameux frais de condos lorsqu'on acquiert une propriété car ça peux avoir un impact considérable sur votre budget.

Equateur 2009 Loïc

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J'ai trouvé cette présentation sur l'Équateur, une aventure riche en adrénalyne d'un type qui a escaladé des montagne en Équateur, mon deuxième chez moi après la belle province de Québec. J'ai un amis qui y va justement dans les prochains pour tenter de vivre un peu l'expérience de LOIC. Belle présentation, belle image. J'ai presque le gout de l'essayer moi aussi :-)

Equateur 2009 Loïc

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My top priorities for 2010

My top priorities for 2010

I want to be a better listener. I find that very few people take the time to listen any more. On a daily basis sales people recommend this and that, but very few take the time to really listen to what the client really needs. I personally find that infuriating.

I want to feel more of a sense of accomplishment from doing the things that I do. This is in relation to my top priority, it means that I not only have to listen to what other people are telling me I also have to listen to my own inner voice and follow my instincts which should inevitably bring me closer to becoming the person that I truly want to be.

I want to take some time every day to first of all plan out my day and develop an action plan that will lead to face my day with more focus and drive and also to take a moment at the end of each day to reflect upon and measure the result of my daily endeavors.

I want to make 2010 the year when I start making taking care of my body and my spirit a part of my daily ritual as I have seen too many people that I cared about very deeply leave us in 2009. This has made me take into consideration that we are each given a limited amount of time in order to accomplish as many things as we can and that as such a certain amount of discipline is required if we are to live our lives as fully as possible. Would I make the same decisions today if I knew that this was my very last day. Don’t put to tomorrow what you can do today. Take care of today and tomorrow will take care of itself.

Joey Perugino Taux Variable Capsule You Tube

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Is your financial advisor the right fit for you ?

Buying a house is no easy task; take the time to seek advice from trusted financial advisors before you make your decision.

Is your financial advisor the right fit for you ?
Does your financial advisor really get it !!! Has he taken the time to really get to know you as a client and properly assess your financial situation.

Personal experience has taught that unfortunately not all of them do, get it that is. I’ve been in the field for many years. I’ve trained and coached many financial advisors in credit and investments; some will do better than others but a good proportion really don’t have the energy, the will or the skill to properly advise their clients.

If you throw into the mix that clients change hands as they are passed on from one financial advisor to another (due to the advisors either changing banks, retiring, getting promoted, demoted, quitting, etc… ) the financial field is constantly in evolution, so do your homework before you choose who you want to deal with.

Here are some of the key elements that you need to take into consideration before you make the important decision of entrusting your finances to an advisor.
1. Check out his background. It is a mistake not to check out the background of someone with whom you are placing such valued trust.
2. Asking a lot of questions. Too many people become passive around financial advisors. It is important to ask questions and determine what his or her plan of action will be and how your money will be invested. Prepare yourself by making a list of questions before meeting a financial advisor.
3. Make sure your advisor is the right fit for you. Make sure you feel comfortable discussing your finances in an open and honest manner. You have to “click” with your advisor; if you don’t then he’s not the right one for you.
4. Provide full disclosure. If you do not provide the advisor with your overall financial picture, then you are not taking full advantage of his or her expertise and you will ultimately only hurt yourself, as he won’t have all of the variables of the equation in order to draw up a financial roadmap that works for you.

tis the season to be jolly, not to be broke :-)

tis the season to be jolly, not to be broke :-)

Get rid of that credit card debt, don't shop til you drop. Whenever I think of credit cards and shopping it inevitably brings me back to an episode of the Flintstone’s when Wilma is upset with Fred so she goes out with her credit card and she CHARGE’s everything…
She yells out CHARGE, and there she goes, shopping and buying away…

It’s a funny anecdote, but the sad part is that it often is a reflection of life. We charge and charge and charge things to our credit cards until we can’t charge no more, no more space, limit exceeded, transaction refused... Call it whatever you want… using a credit card comes with its risks and challenges and bringing credit card debt under control is really tough. It can seem as though it will take forever however with some careful planning and budgeting there is always a way to get out of the cycle of debt.

Credit card usage is very accepted in today’s society, don’t have enough money to buy something, charge it… It’s a world of instant gratification… buy now, enjoy now… assume the consequences later.

My wish to all my friends for Christmas is for them to be cheerful and jolly, to bring joy to the world and warm smiles on those you love and appreciate, but try to reign in the credit card expenses if you can, within reason, you’ll be glad you did…..

Warm wishes and happy holidays to all…

P.S. I didn’t say to not buy anyone any presents, please do so… you can buy me one too if you want just try to be reasonable and don’t go overboard with the usage of plastic cash.

Is buying a house always a good investment ?

Is buying a house always a good investment ? I would state that sometimes it is, but often times it isn't...

This is a really tough one because it goes a little contrary to what is normally defined as a good purchase with regards to real estate. To begin with not all real estate purchases are good value. If we take out our calculators and start doing some simple math we soon come to the conclusion that most houses are overpriced.

Here is a simple scenario to illustrate my train of thought...

You have a house that is being sold for $320,000 ...
It's a rental property and we'll assume for the purpose of this example that it is a duplex. Let us assume that the two units will be rented at $900/month.

Let's assume that the taxes for this property are $2500
The heating is $3000 yr and insurance is $500

Total rental income for the property is = $1800*12 = $21,600

Normally you should account for only 75% of that amount in order to account for vacancies so that means that you should consider a rental income of $16,200. However, we will leave it at $21,600 in order to illustrate my point.

Let's also assume that you are going provide minimal maintenance on your property and allocate no more than $2500 a year for upkeep or renovations.

Okay so now that we have all those figures, when does this property become a worthwhile purchase.

Here are our figures...

Rental income 21600

Expenses
Taxes 2500
Heating 3000
Insurance 500
Upkeep 2500

TOTAL expenses $8500 / positive cash flow is $21600-8500 = 13,100

$13100 is the equivalent of a mortgage payment of $1100 a month.

How much of a mortgage (35 year amortization at 4%) will you have for a payment of $1100 ... the answer is $250K ...

So if you purchase this property for $320K and you give a $70K downpayment and you have $0 defaults on the rents that you collect... you are going to have a house that is going to break even and bring you $0 zero dollars of positive cash flow.

The purpose of buying a rental property should be that it provides residual income. In order to provide residual income you would have to either pay less for the property or put more of a downpayment.

If your mortgage were of $230,000 your payments would be $1012... which does give you a positive cash flow of $88 a month at which point the decision to buy this property becomes a possibility.

Now that we have determined that your maximum amount for this property should be $230,000... the remainder depends on how much you have available to give as a downpayment for the purchase of the property.

I consider that $320K is overpriced.

If by any chance you are like most of my clients and you wan't to put as little as possible as a downpayment in order to purchase a property you are in for a surprise and you will definitely have to take some money out of your pocket in order to finance your purchase and cover your mortgage payments on a regular basis. The only alternative given the price of average duplex is to give a substantial downpayment in order to bring your mortage down to $230,000 or lower if possible and that is not always a possibility for most clients.

If you consider that the average price of a duplex in Montreal is now above $300,000 you can therefore come to your own conclusions as to whether the price is warranted or not.

Well this my 10 cents worth on this topic...
What do you think ?

Historial de Credito - Beacon Score

Joey Perugino, Consejero Hipotecario con Multi-Prets Hypotheques
para consultas llame al 514-452-0022
Follow me on twitter.com/joeyperugino


El famoso beacon score que es ?
El beacon score es el un puntaje con el cual se determina si Ud. esta elegible para recibir un préstamo hipotecario del banco.

Un Beacon score de un minimo de 680 esta requerido para poder comprar una casa.
Tener un Beacon score de mas de 710 esta considerado como excelente.
La mayoría de las personas tienen un beacon score entre 640 y 710.

R1 el crédito esta al día
R2 2 meses de atraso en los pagos
R3 3 meses
Y continua hasta R9 la peor nota de crédito que una persona pueda tener

Trucos para mejorar su beacon score

· Bajar el porcentaje de utilización de sus tarjetas de crédito a no más de 50%
Por ejemplo, limite de $5000 y balance de $2500

Es preferible tener dos tarjetas de crédito de $5000 con un saldo de $2500 en cada una que de tener solo una de $5000 con un saldo de $5000… Los bancos miden el porcentaje de utilización de las tarjetas y su beacon esta basado en parte con ese dato.

· No tener mas de 2-3 tarjetas de crédito….

· Nunca fallar en hacer sus pagos mensuales aunque sea solo el pago mínimo.

· No hacer muchas solicitudes de crédito (no más de 3 solicitudes de crédito)
Una solicitud es cuando Ud. le permite alguien de verificar se crédito para obtener algún crédito.

Se añade una nota a su beacon score que afecta su puntaje cada vez que hace una solicitud de crédito.

Non dude en contactarme para mas información

Tasa Fija o Tasa Variable ?

Joey Perugino, Consejero Hipotecario con Multi-Prets Hypotheques
para consultas llame al 514-452-0022
Follow me on twitter.com/joeyperugino

Tasa Fija y Tasa Variable, ¿Cuál es la diferencia?

Escoger una tasa variable para su hipoteca puede ser muy beneficioso pero hay que estar dispuestos a vivir con pagos hipotecarios que pueden variar cada vez que la tasa de interés cambia.

Dependiendo de la dirección del Mercado, su tasa de interés que esta relacionada directamente con el pago que hace por su hipoteca puede variar. Si la tasa preferencial sube, su pago sube, y en el caso contrario, si la tasa preferencial baja, su pago baja también.

La tasa preferencial no es otra cosa que el porcentaje de interés a lo cual los bancos prestan a sus mejores clientes. Es importante tomar en cuenta; que esta “ tasa preferencial” será siempre variable” pues los bancos la ajustan dependiendo el movimiento del mercado. Esta tasa esta directamente relacionada con la tasa de interés fijada por el Banco Central de Canadá, revisada diez veces por año con fechas especificas.

Muchos de mis clientes tienen en este momento tasas de interés hipotecario de solamente 1.75%. Esto suena maravilloso!, pero ya que las tasas preferenciales son variables, ellas podrían cambiar al mismo ritmo que cambia el mercado.

Ahora bien, si lo que queremos es tener una tasa de interés mas baja, la tasa de interés variable será mas siempre mas baja que cualquier tasa de interés fija para términos que podría variar de uno a cinco anos. Cuando la tasa variable esta a 2.25% las tasas fijas están a 5.85%.

Ojo que una tasa de interés variable no es para todo el mundo. Hay que tener cierta flexibilidad con referencia a su presupuesto para poder soportar un pago hipotecario quien por su naturaleza cambiara mensualmente.

Tasas fijas serán siempre mas altas que tasas variables pero tienen la ventaja de ser fijas y de permanecer así hasta el momento en que se vencerá su termino hipotecaria y tendrá que renegociar su tasa de interés nuevamente.

Mi primera cronica en español

Joey Perugino, Consejero Hipotecario con Multi-Prets Hypotheques
para consultas llame al 514-452-0022
Follow me on twitter.com/joeyperugino

CRÓNICA FINANCIERA

Gracias a la experiencia profesional adquirida en el campo financiero durante los últimos diez años, les presento hoy mi primera crónica que seguramente dará respuestas a muchas de sus preguntas, principalmente relacionadas con el mundo financiero.

He sido director de sucursal de bancos, consejero financiero y director bancario en un centro de llamadas, lo que me permitió ayudar a muchos como ustedes a encontrar el camino del éxito financiero. Espero que este conjunto de crónicas responda sus inquietudes, sencillas o complejas, que puedan presentarse en cualquier momento de sus vidas. Les adjunto varios de los temas que estaremos tratando en esta crónica semanal.

¿Cómo lograr tener el control de sus finanzas?

¿Cómo hacer un presupuesto realista y posible de seguirlo?

¿Cómo lograr tener su casa propia?

¿Cómo tener una posición financiera equilibrada?

¿Cómo alcanzar las metas y propuestas que nos hacen sentir bien económicamente y espiritualmente?

Estoy convencido que existe una correlación directa entre las finanzas de una pareja y la salud de una relación. Los problemas económicos tienden a crear inconvenientes en las parejas, o por lo menos crean tensiones que no existían o no estaban presentes cuando las finanzas iban bien.


Listo a responder a todas su preguntas, les invito a escribirme en francés, ingles, español o italiano, me será de mucho gusto contestarles à través mi crónica semanal.

Leadership Training and Keynote Speaker | Robin Sharma | Lead Without Title

Leadership Training and Keynote Speaker | Robin Sharma | Lead Without Title

Powerful stuff from one of my favorite motivational writers, Robin Sharma.

I think that it is difficult to listen to him without it touching you in some way and sending you off on tangents thinking about all that you can do with the information that he has given. It's not rocket science, but he explains it in such a way that I really believe is unique. Robin as a gift, and it is a pleasure to listen to him when I have the chance to do so.... As a matter of fact, I should do so more often.

http://argent.canoe.ca/lca/affaires/canada/archives/2009/12/20091202-132944.html

Immobilier : la hausse des prix n’est pas soutenable
2 décembre 2009 | 13h29

Un amis m'a envoyé ce lien vers un article qui parle de l'augmentation du prix des maisons et les tendances du marché.

Un article très intéressant qui illustre d'une très grande façon mon opinion sur le marché immobilier actuel. Le prix des maisons moyens s'approche de son sommet et il sera difficile de maintenir un marché en croissance.

L'avenir nous le dira ....

Immobilier : la hausse des prix n’est pas soutenable

Immobilier : la hausse des prix n’est pas soutenable: "La Banque TD estime que la progression des prix observée dernièrement dans le marché immobilier résidentiel canadien n’est pas soutenable à long terme et que les hausses seront plus modestes dans les prochaines années."

Un de mes amis ma envoyé ce lien, je crois que c'est un article très intéressant.
Avis à tous. L'ELDORADO de l'immobilier ralentira bientôt.