When buying a home, it is helpful to determine the type of home you'll like and how much you can afford before beginning your search. Monthly housing costs shouldn't be more than 32% of your gross monthly income. Housing costs include your monthly mortgage payments (principal and interest), property taxes and heating expenses (PITH— Principal, Interest, Taxes and Heating). To get an idea of how much you can afford to pay each month for a home, multiply your gross monthly income by 32%.
When coupled with current outstanding loans, the total for your debt service should not exceed 40% of your gross monthly income. Some lenders may have slightly more liberal requirements or loan interest rates which may increase your purchasing power.
Mortgage interest, property taxes, loan fees or "points" are currently tax deductible (up to allowable limits). Points are generally deductible in the year paid. A point equals 1% of the mortgage amount. If you are in the 32% tax bracket, this is equivalent to receiving a 32% discount on your mortgage interest and property taxes. During the first years of the mortgage your tax savings are especially high because most of your monthly payment goes toward loan interest.
I am a long time resident of New Tecumseth and love everything the area has to offer. I have a strong background in sales, buying, renovating and selling.
Prior to being a real estate agent, I was involved with construction servicing the insurance industry in fire, water & restoration, property management and sales. I excel at contract negotiation, so real estate was a natural fit for me.
I have three main passions in life, family, horses and real estate. I owned and operated an equestrian riding facility in New Tecumseth for several years. I enjoy people and seeing their dreams come true in home ownership, it is very rewarding.
It is very gratifying having a career in real estate and I believe in honesty, integrity and hard work. I will earn your trust and respect!
Member of OREA (Ontario Real Estate Association)
TREB Member (Toronto Real Estate Board)
Licensed Real Estate Salesperson
Granite Award 2016-