Paul Mann

Paul is renowned among his colleagues for his beyond reproach integrity, loyalty and professionalism. He has the ability to connect with people of all ages with his ability to listen and understand their needs.

This, coupled with his contagious positive energy and love for the business drives him to help his clients. This will allow him to continuously achieve his client’s goals and exceed their expectations. His personable and professional character allows him to build and maintain solid relationships which compliments his goal of growing his business mostly through referrals and repeat clients.
Paul Mann Estates

General Questions

Talking with your bank about looking for a new home to buy is a great first step. Talking with your bank before looking for a home gives you a good idea exactly how much you can afford.

This question depends on your personal situation, there are many pro’s and con’s to buying a home before you sell yours. The biggest benefit to buying a home before selling your current home is the fact that you have a suitable property lined up.

Prices of a home depend on the overall housing market and is difficult to make a perfect prediction of when would be the cheapest. The best way to get a good price is to look at the numbers of days the house has been on market. It lets you negotiating better. If the home was recently listed, the seller will have had less time to test the market and gauge buyers’ response to the price, and will be less likely to negotiate

Typically, closing cost range from 1.5 to 4% of the homes purchase price. This does include legal and administrative fees. You should expect to pay for your home inspection, mortgage default insurance if you down payment is less than 20 per cent of the purchase price, the Land Transfer Taxes, lawyer fees, appraisal fee and property taxes, among other things. 

The new mortgage rules require that all mortgage applicants qualify at a rate that’s two per cent higher than your contracted rate or the Bank of Canada’s five-year benchmark rate. This is to ensure that borrowers will be able to make their mortgage payments should interest rates increase.