June 8, 2013

9.00 a.m. – 12.30 p.m.

Burlington Convention Centre,

1120 Burloak Drive,

Burlington, ON

Cost is $35 pp 

For more details and to register CLICK HERE

Not in the GTA and interested in the workshop – please contact us.  We are planning to do some remote sessions either using a Webinar, SKYPE or Google+ ‘Hang-out’ format and we want to gauge the interest and in what time zones to get these up and running.  Look forward to hearing from you!

Our next Know BEFORE You Go workshop will take place in Burlington, Ontario on Saturday June 8!

9.oo a.m. – 12.30 p.m.

Location is being confirmed.

Please get the date and time in your calendar

Cost is $35 per person.

Please contact us to register!

Fabulous investment opportunity in the Grand Baymen secure gated community.

The developer is constructing two purpose built buildings each offering 1 bedroom, 1 bathroom condominiums for the Leaseback program.

These leaseback condominiums sell for US $137,900 (includes furniture package) plus applicable taxes & financing costs (if applicable). Building one  with 16 units sold out in 8 weeks and building two is NOW available! Only 24 units available.

Financing is available to qualified purchasers.

CLICK HERE for more information

We will reschedule as soon as a suitable venue is secured!

Thanks for your understanding.

Thanks to Claire Drage Mortgage Broker with Mortgage Alliance for providing us with this information.

Claire Drage is a Mortgage Agent with Dominion Lending and is an expert in this unique area of financing and can be reached on 289-679-0123 or by e-mail claire@yourmortgageoptions.ca

There are a number of different ways and factors to consider when financing the purchase of real estate overseas (including south of the border):

Key Factors are:

• Should you borrow at all?  With interest rates as low as 2.64% for 1 year term and 2.89% for a 5 year term, does it make sense to use your cash or other investments, that is then held in a property not generating an income for you? Borrowing money rather than cashing in investments that are providing you with a higher return that the interest rate on the mortgage, might make sense.  Borrow at 2.64% and make 6.5% on your cash in the market, means the difference is your profit!
• The location and type of property.  Which country or state is the property located and in what type of property (single family, condo. bare land, etc?)
• Your intended use of the property.  Will it be rented out and if so does the property cash flow itself?  Will it be your permanent or semi-permanent overseas residence?
• Your qualifying for the financing:  Can you manage the additional debt and expenses
• The type of financing that meets your needs:  Such as affordable monthly payments and aligning with your acquisition and exit strategy

Assuming you decide not to pay cash, there are typically three ways to consider financing your overseas real estate purchase:

1. Leverage against your Canadian Real Estate using Canadian Lenders:  You can borrow up to 80% of the value of any Canadian real estate to take out ‘cash’ to purchase your overseas property/  This includes cottage properties, second homes and your principal residence.  With interest rates as low as 2.64% for 1 year term, 2.89% for a 5 year term or a 3.5% line of credit, this tends to be the cheapest form of borrowing
2. International Bank:  International banks such as Lloyds TSB International will finance overseas properties for Canadians AND Non-Canadians in some countries and states.  These include Australia, Dubai, Hong Kong, France, Spain, the UK, the US, etc  The maximum they may finance is up to 70% of the value of the property depending on the location and type of property.  Rates start at 3.85% and up
3. Local Bank:  Depending on where you purchase, there are some local financial institutions that can provide financing to Canadians and non-residents.  You might even find that your Canadian Bank has a local branch.  Qualifying, rates and how much you can borrow will differ greatly.

Ambergris Caye is the largest island in Belize.  It’s the largest of the 200 Cayes along the coastline of Belize.

This lovely island is steeped in history going back to the Maya, European Pirates and Mexican Refugees who fled during the Caste War.

Ambergris Caye is VERY popular with divers and snorkelers.  It’s proximity to the 185 mile long barrier reef – the second largest living coral reef in the world  - is less than 1 mile off the coast of Ambergris Caye.

As you can see  on the map to the left  (click to enlarge) there are so many dive sites around this island which is only 25 miles long and just a little over a mile wide.

San Pedro is the only inhabited area of the island – its best described as a bustling fishing village with some great events, restaurants and entertainment and now some pretty awesome real estate opportunities!

This developer on Ambergris Caye has TWO  great projects underway.

Click here for more information on:

Grand Baymen Condominiums

Grand Baymen Leaseback Program

All information taken from sources believed reliable but not guaranteed

Would you like to know how you could LIVE in your RRSP?
Would you like to know how to reduce your taxes?
Would you like to reduce your cost of living in retirement?
Would you like to find a nice warm place to spend your winters?
Would you like to find an investment property off shore?
Would you like some help with any or all of the above?

We can help!

Register for our upcoming Know BEFORE You Go! workshop taking place in Toronto on May 11, 2013.  We will help you answer these questions and show you how to identify and find your piece of paradise!

For more information or to register please CLICK HERE 

Our next workshop in the Toronto area is scheduled for June 8

Our first workshop in the USA is scheduled for June 22 in Virginia!

We’d love to bring the workshop to your area so please contact Sue to suggest YOUR location and lets see what we can do!

Luxurious, spacious detached four bedroom villa (520 sq.m) on the hill providing magnificent views out over the Aegean Sea and towards the Bodrum Castle and Black Island.

Large private lot surrounded by stone walls for privacy and security.

For more information CLICK HERE

All information taken from sources believed reliable however not guaranteed

“Turkey continues to blow the world away with its incredible growth and stability. The latest Knight Frank global house price index shows that Turkey was the 4th fastest growing property market in the world last year.

The index, which is based on the collation of data from other sources shows that Turkish property prices grew 10.5% last year, putting it well above China and India in 8th and 9th with growth rates of 9.3% and 8.5% respectively. Even Russia is now behind Turkey with growth of 10.2%. The top 3 markets in 2012 were Hong Kong with growth of 23.6%, Dubai with 19% and Brazil with 13.7%.

In Turkey’s case the figure is based on the GYODER/Reidin/Garanti Bank index, which in turn is based on data on new development asking prices and possibly mortgaged values from Garanti Bank. The index shows that Turkish property prices grew 1.2% in the last quarter and 3.5% in the second half of last year.

The Global Property Guide runs a near identical index, which is in fact based on almost identical sources, the key difference being that the Global Property Guide publishes prices after factoring inflation, whereas the Knight Frank index shows nominal growth.”

All information taken from sources believed reliable but not guaranteed

If you would like to learn more about Panama here is a great source for history, geography, population and so much more information

http://en.wikipedia.org/wiki/Panama

(this is a photo that I took on a recent trip of the magnificent Revolution building in Panama City, Panama)