Tuesday, October 31, 2017

New changes Ontario Residential Tenancy Act 2017

Own investment properties in Peterborough and Lindsay? View this video to learn about major changes in the Tenancy Act of Ontario

Thursday, October 19, 2017

My Crystal Ball! What the heck is the Real Estate Market going to do next with new mortgage rules-Flat Rate Realty Brad Sinclair

Market flexing. New mortgage rules. Flexing values. Holding Offers. Long Irrevocable Dates. What is the crystal ball saying what is going to happen in 2018?

Well lets just discuss...

Have you ever been to a party and a doctor was there. People are always asking for medical advice. You have heard it before. Hey Doc, my right leg has been hurting.....

It is just a professional hazard for a doctor. Every profession has them. Attorneys get asked about legal advice at parties, interior designers get asked for paint colour tips, investment brokers get asked for the next stock tip. And it is true for Real Estate Agents too.

I get asked, "how is the market" "you busy" "what is the changes with the new mortgage rules"???-what do you think?

I try to answer these questions and I am pleased that people think enough about my opinion to ask for it.

But what always makes me stumble is when I get asked to predict the future.

"should I wait until the spring to sell my house?" or " what is the new mortgage rules going to do to next years market?'

I don't know. I just don't. So I ask do you want to move in May? Then I say list a few months before.

How can one really answer these question about the future. Can anyone really tell us with authority? Who really seen what was coming in the spring of 2017 to that madness? or the crash of 2007?

I can only make predictions based on the current market and the past market. That is about it: anything in the future would be pure conjecture. I do not know how to operate my crystal ball.

My best advice to anyone is to create a goal, follow a plan and stop trying to time the market. The market can be strong in the winter,spring, summer and fall. The market can be poor in the winter, spring, summer and fall. Just make the goal and move forward. Things happen that we can neither control nor predict.

The next time someone asks me to predict the future of the housing market, I may slap down some tarot cards and give it a go. Could be fun!

Thursday, October 5, 2017

The Norwood Fall Fair this weekend October 7,8 &9th

Ticket prices are paid at the gate.

Adult $10.00
Children 12 under are free
Weekend Pass $20.00
Student Weekend Pass $15.00

Hours of the fair is Daily 9am to 5:30pm

Free Parking is available on the fair grounds.

Wednesday, October 4, 2017

The Peterborough Lift Lock. Have you actually stopped to look at it???-Brad Sinclair Flat Rate Realty

I have driven past this landmark all my life. I had skated under it. I have been in a boat through it when I was a kid. I had never stopped and explored around it. The sights were amazing. If you ever going by, STOP, and enjoy.

The Peterborough Lift Lock is a boat lift located on the Trent Canal in the city of Peterborough, OntarioCanada, and is Lock 21 on the Trent-Severn Waterway.
For most of its life, the lock's dual lifts were the highest hydraulic boat lifts in the world, raising boats 65 ft (20 m). This was a considerable accomplishment in the first years of the 20th century, when conventional locks usually only had a 7 ft (2.1 m) rise.
In the 1980s, a visitor centre was built beside the lock. It offers interactive simulations of going over the lift lock in a boat, and historical exhibits detailing the construction of the lift lock.
Residents and visitors skate on the canal below the lift lock in the winter.
The Peterborough Lift Lock was designated a National Historic Site in 1979,[1][2] and was named an Historic Mechanical Engineering Landmark by the American Society of Mechanical Engineers in 1987.[3]
The Trent-Severn has a similar hydraulic lift lock, the Kirkfield Lift Lock, at its summit near Kirkfield, with basins of the same dimensions, but which has a smaller vertical lift.

                                                           -Source Wikipedia

The lift lock was designed by Richard Birdsall Rogers, a superintendent of the Trent Canal (part of the Trent-Severn Waterway). In 1896, he travelled to FranceBelgium and England to see existing examples in operation.
Part of the reason that the lift lock was built was political. At the time a federal election was taking place and in order to shore up local support the project was fast tracked. In 1896 construction was approved and contractors signed on prior to any real working drawings being ready. The government still fell, and Richard Rogers, who was concerned about his links to the former administration, only released portions of the working drawings bit by bit. It worked, allowing him to remain on the job as the main designer.
The final project included many engineering firsts. It was the first lock to be built out of concrete, and at the time was the largest structure ever built in the world with unreinforced concrete.[6]
Construction was by Corry and Laverdure of Peterborough, which excavated the site and built the concrete towers and lock, and Dominion Bridge Company of Montreal, which completed the metal work including rams, presses and large caissons, and was finished in 1904. The lift lock officially opened to the public to a crowd of thousands on 9 July 1904, and remains in full use today

                                                                                -Source Wikipedia