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  #1  
Old 2017-04-25, 08:36 PM
Stonemanor Stonemanor is offline
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Default Zancor cookstown estates 50 and 60 lots

Anyone get an appt? It booked up in 1 min

Last edited by Stonemanor; 2017-04-26 at 06:16 AM.
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  #2  
Old 2017-04-25, 10:51 PM
Hk1990 Hk1990 is offline
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Are you on a home buying spree ? Lol
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Old 2017-04-26, 06:09 AM
Stonemanor Stonemanor is offline
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Originally Posted by Hk1990 View Post
Are you on a home buying spree ? Lol

Lol I wish I could! I just like to be in the know. I had registered for this development when they were advertising starting from the 900s but when they finally sent the details they are now starting from the 1.3m!
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Old 2017-04-26, 07:32 AM
Hk1990 Hk1990 is offline
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Yeah I know I was considering this development but they've increased it too mauve within a short time so I gave up after I had no luck at the alconashores. Good luck to you!
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Old 2017-04-26, 08:15 AM
House Guy House Guy is offline
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Appointment all booked in not even 1 minute...Good site and very nice home, I expect it going to be sold out in a few hours.
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  #6  
Old 2017-04-26, 03:47 PM
Tabz08 Tabz08 is offline
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big news out with Home Capital.
very nervous times now
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  #7  
Old 2017-04-26, 05:20 PM
Stonemanor Stonemanor is offline
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Quote:
Originally Posted by Tabz08 View Post
big news out with Home Capital.
very nervous times now
Yeah...is this the beginning of what happened in 09 in the states?

What's your thoughts?

I'm really not familiar with home capital and how big it is in the grand scheme of things...
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Old 2017-04-27, 10:40 AM
walter8299 walter8299 is offline
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Quote:
Originally Posted by Tabz08 View Post
big news out with Home Capital.
very nervous times now
Home Capital (Home Trust) had bad history before (a few years ago) when they had "grey deals" to compete with other big boys or mortgage companies.

There isn't much problem with Street Capital and First National FYI, their stocks just dropped slightly due to the ripple effect. But out of all these B-lenders, Home Trust seems to be in a bit of trouble when they did lots of 5% down years ago.

Also, FN and SC are not really B-lenders (aka Alt-Lenders) as they follow the same approval process as the big banks and do a bunch of checks versus B-products offer by Equitable, Home Trust, Magenta, etc.

Some of these non-big-banks can have strict lending guideline and vigorous check of your documents etc.

Nonetheless, this could have some effect in the buyers confidence, but let's wait and see how things smooth out.

If any follow the news, when everyone is so focus on GTA, Vancouver has quietly increase in sales and prices has climb up.

With the 20-35% DP requirement nowadays, it is much safer, even those who bought with 5-10% 3-5 years ago, you should have atleast 25-35% equity on the home now if anything happens. Unlike USA IMHO.
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Old 2017-04-27, 05:41 PM
House Guy House Guy is offline
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Very knowledgeable explanations, thanks!
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Old 2017-04-27, 05:53 PM
Stonemanor Stonemanor is offline
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Thanks walter8299!
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