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Network: All Home Hunters

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 02-10-06 13:12:27

Sennappa,
Good decision !
I would recommend you to take Location as the foremost thing.
Look at the plan. Plans with sep. access to 2nd floor / basment are good ones.
I think Terion has a list of builders who have not made good their commitments (in 1 year that the house/ bldg. was built). So look at their site.
Also Greenpark builder is a good one. Try to enquire past projects of the builder and then visit the site and speak to owners about the service. Some builders are crooks and who declare bankruptcy after a subdivision is built only to resurface with a diff. name.
The value of the house is most with stone. Then comes brick, then stucco and lastly Siding.
Real estate people of this board can advise you better.
TK A

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I am a Gents and not a Ladies.

Timon
Member since: Mar 04

Posts: 297
Location: Greater Toronto Area
Post ID: #PID

Posted on: 02-10-06 14:54:01

Seenappa

Do you know of any new freehold townhome projects in Mississauga/Bramption area?

Thanks

T

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"The grass is not, in fact, always greener on the other side of the fence. Fences have nothing to do with it. The grass is greenest where it is watered. When crossing over fences, carry water with you and tend the grass wherever you may be"

tamilkuravan
Member since: Jun 05

Posts: 5775
Location: God's own country
Post ID: #PID

Posted on: 02-10-06 15:03:39

If Etobicoke is of interest to you, there is one being constructed (and nearly finished) at Islington and Queensway.
The design is ugly and it costs around 388K. The builder is regal crest homes.
The location is prime and it would have been a good investment if themarket did not go down (right now, the market is going down)
TK A

-----------------------------------------------------------------
I am a Gents and not a Ladies.

seenappa
Member since: May 03

Posts: 254
Location: Brampton
Post ID: #PID

Posted on: 02-10-06 15:12:41

Quote:
Originally posted by tamilkuravan

Sennappa,
Good decision !
I would recommend you to take Location as the foremost thing.
Look at the plan. Plans with sep. access to 2nd floor / basment are good ones.
I think Terion has a list of builders who have not made good their commitments (in 1 year that the house/ bldg. was built). So look at their site.
Also Greenpark builder is a good one. Try to enquire past projects of the builder and then visit the site and speak to owners about the service. Some builders are crooks and who declare bankruptcy after a subdivision is built only to resurface with a diff. name.
The value of the house is most with stone. Then comes brick, then stucco and lastly Siding.
Real estate people of this board can advise you better.
TK A

Thanks TK,

The Tarion site is very useful. The correct website is:
http://www.tarion.com/HOME/New+Home+Builders/
There are some forums which actually discuss the merits(and demerits) of the builders. will post if i find the link.

TIMON:
The below website gives you the builders list based on location:
http://www.newhomesandcondos.com/default.asp?M=Search&ID=2

anyone else purchased from the builders, please keep it coming

seenappa

seenappa
Member since: May 03

Posts: 254
Location: Brampton
Post ID: #PID

Posted on: 09-10-06 15:46:53

Hi Cd's...
Here's an answer to the popular question...To rent or to Buy..

Why renting makes sense(unless you have 33% or 25% downpayment) Vs buying..

Please read the below article..word by word..

http://www.johnchow.com/index.php/buying-vs-renting/

All your comments and views are appreciated,

seenappa

alexm
Member since: Jun 05

Posts: 419
Location:
Post ID: #PID

Posted on: 10-10-06 12:19:22

Quote:
Originally posted by seenappa

Hi Cd's...
Here's an answer to the popular question...To rent or to Buy..

Why renting makes sense(unless you have 33% or 25% downpayment) Vs buying..

Please read the below article..word by word..

http://www.johnchow.com/index.php/buying-vs-renting/

All your comments and views are appreciated,

seenappa

The article is good reading. I have only one thing to dispute with that. A lot of people use the built up equity in their home to take out a second mortgage which they then use for other stuff like buying a new car, remodelling their kitchens etc. Beyond that yes, I find it totally useless if the house increases in value.

Of courses, if you do take out a mortgage and property prices do actually head south you're in $hit.

hchheda
Member since: Aug 05

Posts: 2245
Location: Woodbridge
Post ID: #PID

Posted on: 10-10-06 12:58:45

Quote:
Originally posted by seenappa

Hi Cd's...
Here's an answer to the popular question...To rent or to Buy..

Why renting makes sense(unless you have 33% or 25% downpayment) Vs buying..

Please read the below article..word by word..

http://www.johnchow.com/index.php/buying-vs-renting/

All your comments and views are appreciated,

seenappa

A very interesting read.
The issue that interested me more was about the amortisation period - from 25 yrs to 15 yrs - thats a nice suggestion (depending on your budget).

Thanks seenappa for the link.

Hiren

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