Tracy Donnelly- Sales Rep.-Our Neighbourhood Realty Inc., Brokerage

Did you know that a high total debt service (TDS) ratio can exclude you from getting a mortgage? 🤯 ⁣
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Your TDS ratio is the percentage of your gross monthly income that goes toward debt payments, including your mortgage. ⁣
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Lenders use TDS to assess your ability to afford a home. So, how can you avoid rejection and qualify for better rates? ⁣
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✅ Aim for a TDS ratio of 44% or lower if borrowing from a federally regulated entity. ⁣
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✅ Pay down credit cards, auto loans, student loans, and other debt. ⁣
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✅ Increase your income to offset your debts and lower your ratio. ⁣
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Ready to learn more? Check out our latest blog post to get more tips for taking out a mortgage. ⁣
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🔗 http://teamdonnelly4u.ca/top-4-factors-to-consider-when-choosing-your-mortgage/

The walk-through is one of the last steps in the homebuying process, but you shouldn’t rush it! Here are a few things to check during your final walk-through: ⁣
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💡 Are all items included in the sale (e.g. light fixtures and appliances) in place and operational? ⁣
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🚿 Are all major systems working properly? ⁣
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⚒️ Have all requested repairs been completed? ⁣
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🗑️ Has the seller removed all personal items and debris? ⁣
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🚪 Was any significant damage done during the seller’s move out? ⁣
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Want more expert guidance on the homebuying process? Reach out for a free consultation. ⁣
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📲 (905) 723-5353 ⁣
📧 [email protected]

Ready to buy a home but feeling overwhelmed by financing options? ⁣
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Here are four factors to consider when choosing a mortgage: ⁣
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📈 Credit Score: ⁣
This three-digit number can significantly impact your interest rate and the types of loans you qualify for. ⁣
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📊 Income & Expenses: ⁣
Lenders want to ensure your income will comfortably cover your mortgage payments and other debt obligations. ⁣
💰 Down Payment: ⁣
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The amount you put down will affect your loan options, monthly payments, and need for mortgage insurance. ⁣
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📆 Lifestyle & Risk Tolerance: ⁣
Your term length and interest rate type (fixed or variable) should align with your financial goals and comfort level. ⁣
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For more on choosing the right mortgage for your specific situation, check out our latest blog post! ⁣
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🔗 http://teamdonnelly4u.ca/top-4-factors-to-consider-when-choosing-your-mortgage/

You may not be looking to buy or sell a home right now, but did you know we can still be a great resource? Here are 3 reasons to reach out to us:< ⁣
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👷 You need a referral. ⁣
Whether you’re searching for a housekeeper or a roofer, we’re happy to share our list of trusted local professionals. ⁣
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>🛠️ You’re thinking about renovating. ⁣
We can help you consider how changes you make might affect your home’s resale potential down the road. ⁣
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📈 You want to know your property’s value. ⁣
From taxes to net worth, there are lots of reasons you may need to know your home’s current value — and we offer free assessments. ⁣
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Save this post to refer back to, and reach out if there’s anything we can do for you today! ⁣
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📲 (905) 723-5353 ⁣
📧 [email protected]

Want to make your home more sustainable? ⁣
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According to a recent survey by the U.S.-based National Association of Realtors, buyers have these 5 green features at the tops of their lists. ⁣
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🪟 High-quality windows, doors, and siding ⁣
🛣️ Proximity to stores, schools, and transit ⁣
🛋️ Comfortable living space ⁣
💡 Low utility costs ⁣
🚆 Low commuting costs ⁣
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But before you invest in a green upgrade, find out how it could impact your home’s value at resale. Reach out for a free assessment. ⁣
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📲 (905) 723-5353 ⁣
📧 [email protected]

According to the US-based National Association of Realtors, refinishing your wood floors is the #1 project that pays off in terms of resale value—with an average ROI of 147%! ⁣
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If your floors are looking worn or dated, a refresh can make a huge difference. Here are some tips if you plan to tackle this project yourself: ⁣
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🛠 Rent professional-grade equipment to make the job easier ⁣
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📅 Block off enough time (at least a few days) to get the job done right ⁣
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🪵 Consider a lighter wood stain if you want to modernize your space ⁣
Looking for more budget-friendly upgrades with a big impact? Check out our latest blog post! ⁣
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🔗 http://teamdonnelly4u.ca/7-weekend-projects-to-boost-your-property-value/

📈 Market Update for June 2024! There is so much chatter out there about the real estate market. 🏡 Some of it factual, most of it speculative and some of it completely out to lunch. 🍱
If you want the full report or more information about how this could affect you, contact us today! 📱905.723.5353 or send a dm and allow us to help you 🗝️

These days, it’s easy to order everything you need online. But there’s a lot to be said for shopping locally instead. ⁣
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Here’s why we love to support local businesses: ⁣
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✅ Invest in your community. ⁣
More of the money you spend with small businesses stays in the local economy. ⁣
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✅ Support local jobs. ⁣
Small businesses are often great places to work and offer unique opportunities for employees. ⁣
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✅ Preserve local character. ⁣
Independent shops make your area unique and can be a draw for visitors and new residents. ⁣
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✅ Get better customer service. ⁣
Small businesses often form long-term relationships with their customers. ⁣
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✅ Protect the environment. ⁣
Buying what you need in person cuts back on carbon emissions from shipping. ⁣
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Which local businesses do you love to support? Let us know in the comments!

From 'For Sale' to 'Sold'! Unlock the opportunity to sell your home next! 🗝️🏡 Contact us today!

Did you know your front door paint choice could impact your home's value? 🚪🎨 ⁣
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A recent study found that certain shades can boost or lower a property’s sales price by thousands of dollars. 😱 ⁣
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Curious about which hues are the most appealing to buyers? Head to our blog post to find out the best (and worst!) paint options for your front door. ⁣
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🔗 http://teamdonnelly4u.ca/7-weekend-projects-to-boost-your-property-value/

"Experience the comfort of this cozy master bedroom, where simplicity meets tranquility. 🌙✨ 🏡🗝️ Contact us today about 715 Waverly St N Oshawa E8478184! "

Gather around the table in this elegant dining room, perfect for family dinners and festive celebrations. 🍽️ 🏡🗝️ Contact us today about 715 Waverly St N Oshawa E8478184!

This bonus room is full of potential! Customize it to fit your lifestyle – a gym, playroom, or extra bedroom. 🏋️‍♂️🎮🏡🗝️ Contact us today about 715 Waverly St N Oshawa E8478184!

Create your own garden paradise in this beautiful backyard. A perfect place to unwind and enjoy nature. 🌸🏡🗝️ Contact us today about 715 Waverly St N Oshawa E8478184!

Unleash your creativity in this spacious basement, ideal for tinkering and DIY projects. 🎨🛠️🏡🗝️ Contact us today!

"Experience the comfort of this cozy master bedroom, where simplicity meets tranquility. 🌙✨ 🏡🗝️ Contact us today! "

The kitchen is the heart of the home, and this one tells a story. Imagine the meals and memories you’ll create here! ❤️ 🏡🗝️ Contact us today!

Since their start in 1988, Ernie & Tracy have seen many market changes and they know how to deal with them! They are with you every step of the way. They have adapted their day-to-day processes due to recent global changes. You can be assured that your safety and comfort are their top priorities!

When it’s time to buy or sell your home, it’s time to call Team Donnelly. They are never too busy for your inquiries or referrals; allow them to help you unlock opportunities! 🗝️🏡✨🎉

Create your own garden paradise in this beautiful backyard. A perfect place to unwind and enjoy nature. 🌸🏡🗝️ Contact us today!

Natural light floods this spacious living room, making it the perfect place to relax and unwind. ☀️🏡🗝️ Contact us today!

Looking for simple projects to boost your home's value? To get you started, here are 7 improvements that you can complete in a weekend: ⁣
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🚪 Paint your front door a classic shade of black or mid-tone brown. ⁣
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🛠️ Upgrade dated hardware and lighting for a modern look. ⁣
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🛁 Refresh your bathroom with new fixtures and a clean, modern aesthetic. ⁣
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🎨 Give your kitchen cabinets a makeover with a fresh coat of paint. ⁣
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🏡 Enhance your curb appeal with simple landscaping updates. ⁣
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✨ Refinish worn wood floors for a like-new look. ⁣
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🧼 Clean or replace grimy grout in your bathroom and kitchen. ⁣
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Ready to get started? Check out our latest blog post for tips and tricks for each of these projects! ⁣
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🔗 http://teamdonnelly4u.ca/7-weekend-projects-to-boost-your-property-value/

💸 Wondering where home prices are headed? 💸 ⁣
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The good news for homebuyers: Today's prices are down significantly from where they were toward the tail end of the pandemic. ⁣
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The bad news: That's probably not going to last. In fact, the CMHC thinks home values could return to peak levels as early as next year before hitting an all-time record high in 2026. ⁣
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Are you thinking about buying or selling a home? Visit our blog to learn more about the current market. ⁣
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🔗 http://teamdonnelly4u.ca/mid-year-market-update-for-2024-what-buyers-and-sellers-need-to-know/