Barrie Archives

Why don’t the banks just lend against Barrie investment real estate?

When you are looking for Barrie real estate for investment purposes, and you are having trouble borrowing money from the bank or other financial institutions, you may have to consider other options. For some, these options might include not getting their ideal house or investment property. For others, they may contact a private lender. Should the lender feel interested and believe that the venture is relatively safe, they may lend you the money. Why might the bank not lend you money, even if the investment is sound? Well it comes down to two main factors; INvesting in Real Estate

1. Traditional high street banks count ‘doors’. A door is literally how many units plus how many single family homes do you own, so if you owned a single family home that you didn’t occupy yourself and a 4 plex multi residential building that counts as a total of 5 doors (a 4 plex counts as 4 doors + the single family home). Most banks have a limit on how many doors they will lend you personally and that number can range between 5-10 for most of the major lenders. Irrespective of your own personal credit, hit the magical number of 10 and you may run into a road block. It’s possible that by gong to the commercial side of the bank that you may be able to work out some deal but if that fails then read on!

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Hello all,

We are pleased to announce that we will be listing on 11th October this fabulous Barrie condo townhouse. 3 good sized bedrooms and 1 1/2 bathrooms. The home has been modernized and benefits from a gas furnace, feature gas fireplace as well as air conditioning. As you enter the home the hallway is both inviting and modern with anupgraded tile floor.Barrie condo 78 Loggers run

78 Loggers run Rear deck

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New website launch www.hockinghomes.com

Hello all,

We are delighted to announce that we have today launched our new website. It can be found at the familiar www.hockinghomes.com address, but sports a much needed updated modern look and feel. We have included now a lot more video content and handy ‘how to’ videos courtesy of Royal LePage. If you know someone who is thinking of buying or selling a home in the Barrie Real Estate area please direct them to take a look at our website. Any comments greatly appreciated.

Ian Hocking, Sales Representative

705 252 7939

www.hockinghomes.com

Wow, is it hot outside! With record temperatures being set all over the provence it’s difficult to find somewhere to cool off. There is always the lake, or, you could always upgrade your home to one with an in-ground pool! Ooooooo that’s nice, imagine a cold beer after work with your own pool. Now that’s the way to chill in this heat.

For sale in Barrie in a mature executive enclave of well built homes we have for sale a large 4 bedroom executive home with many quality features. Wood doors, hardwood floors, a full walk out finished basement, newer furnace, and several gas fireplaces are just some of the features in this home. Check out this video for the details and then give us a call to book your personal viewing.

barrie home – bungalow with great yard

Hi all, we have just listed for sale a really nice 3 bedroom bungalow with a mostly finished basement. The yard is exceptionally nice with a good deal of trees etc on the boundaries of the property. The main floor is tastefully decorated and offers good living space.

If you know someone or would be interested in viewing this lovely bungalow please give us a call.

Barrie Condo – affordable and convenient

Looking for a downsize or for a first home. We are delighted to present a conveniently placed and affordably priced 2 bedroom condo. Whether you are downsizing or looking for your first home this condo would be perfect. It’s been freshly painted and well maintained and will delight you from the minute you walk through the door. The condo fees are reasonable compared to other condo’s and from a location point of view it’s only 5 minutes from the 400 at Dunlop street. Call us today for your personal viewing.

If you are looking for a home with a large amount of space and a fully finished basement with several walkouts this could be for you. The main floor has extensive hardwood finishings with the master and 2nd bedrooms. The kitchen is locate to the rear of the property overlooking the good sized deck and rear yard. If you have an extended family you will enjoy the lower level with it’s separate walkout. Call us today for your personal viewings. 7 Golds crescent, a lovely Barrie home.

Looking for a new home? This is a beautiful 4 bedroom quality built home by Hedburn located in a child friendly sub division and backing on to an environmentally protected area. The home provides 4 good sized bedrooms and a master en-suite that’s a real retreat. Watch the video and give us a call if you would like to organize your personal showing.

Buying a Barrie home – This could help

Are you considering purchasing a home in the next 3-9 months? We understand that purchasing a home is a big commitment no matter if you are a first time buyer or a seasoned veteran. No matter where you stand on the experience scale there are several points that you will likely need to cover before you purchase your new Barrie home.

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9 McCuaig, Barrie, On.

Hi world, We have just listed an Apolosa model raised bungalow in the east end of Barrie with heaps of potential. This home does require work although structurally overall the home appears to be in an OK condition. There will be work required to the rear deck to make it safe as some of the railings etc are missing. You will also need a good lawn mower as the lawns at this time are over grown and very weedy. Internally the home does offer 2 very good sized bedrooms on the upper level and an open planned livingroom / kitchen combination.Barrie Real Estate

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