Monthly Newsletter - July

Hi , Hope you had a great weekend! Here's your July 2020 newsletter, keeping you updated on all things mortgages and GTA real estate. I am thankful for your ongoing support & referrals! I hope you continue to find this information valuable - all feedback is greatly appreciated!

JULY FAST FIVE

FIVE UPDATES YOU NEED TO KNOW

1. I've moved to a new office! The new location is at 100 Consilium Place, Suite 200, Toronto, ON M1H 3E3 (near Scarborough Town Centre)2. A house in Toronto sold $881,000 over asking & in ONE day! Check it out here.3. During a pandemic, the GTA real estate market has been resilient! Check out here how prices in every city have increased in the past year. 4. Bank of Canada holds their overnight rate, ultimately holding the Prime Rate @ 2.45%. Additionally, the governor announced that he expects interests rates to stay low for "a long time". Great news if you're looking to purchase, renew or refinance in the next two years.5. What is a HELOC? How does it work? - Read more on this on our blog here.

Home Owner Tip of the Month.

3 WAYS TO INCREASE YOUR HOME VALUE IN THE FIRST YEAR1. Update kitchen and bathrooms for the greatest return on investment. Kitchens & bathrooms are high use areas in your home, resulting in a higher impact on the house value.2. Prioritize curb appeal with landscaping. Landscaping is the easiest & most affordable method of increasing the value of your home. 3. Modify existing floor plan & add square footage. E.g. removing a wall between the kitchen and living room to an open space people prefer.

OVER 60 CLIENT FIVE STAR REVIEWS

As always, if you have any questions or need guidance, feel free to reply to this email or reach me directly via phone.If you know of anyone else that could use this same type of ongoing advice and support, your recommendation is greatly appreciated as I would love to help them as well. Best regards, Varshan ThavarajahMortgage Broker & Partner | MBL # M1600275Banyan Mortgage Group | FSRA #10530647-404-8812[email protected]Your Success Lies In Our Roots

Reach out if you are THINKING about Buying or Refinancing.Contact us early to get ahead of the game, even if your mortgage is not up for renewal until next year. How to Reach ME!Call or Text @ 647-404-8812 or EmailBook a call - https://calendly.com/mortgage_nerd