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 compliment his goal of growing his business mostly through referrals and repeat clients.

He always keeps his client’s success and happiness paramount, this ensures exceptional results while always maintaining his desire to make his seller clients more money and save more money for his buyer clients.  

Paul Mann Estates

General Questions

Talking with your bank about looking for a new home to buy is a great first step. This will provide you with a starting budget so we know what you can comfortably afford and begin looking for your next home. If you don’t know where to start when it comes to mortgage finances, I can connect you with one of my fantastic mortgage specialists and they can provide you with a fast pre-approval!

This question greatly depends on your personal situation and personality type, there are many pros and cons to buying a home before we sell yours, or selling your home first and then buying your next one. We will sit down and have a discussion about your comfort level, the current buying and selling markets for your current property as well as the type of home we are looking to buy, also your current financial situation.  All of these factors play a big part in buying or selling first.

Due to the continuously changing and fast-paced market that we continue to see, there is no “best” time of year to buy a home.. There are traditionally times of the year that there is more  inventory but those times typically have more buyers too.  Most buyers are looking at gaining in the long term so I believe the best time to buy is as soon as you can.  With the way the prices continue to escalate and the pace homes are  appreciating, sooner is definitely better.  Contact me to find out more!

Typically, closing cost range from 1.5% to 4% of the  purchase price. This includes some or all of the following legal and administrative fees. Typically you can 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 mortgage stress test rules have changed over the years and currently they require that all mortgage applicants qualify at 5.25%, not at the advertised interest rate your bank will give you. This is to ensure that borrowers will be able to make their mortgage payments should interest rates  increase.