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Sometimes, the smartest real estate decision you can make is knowing when to walk away. This week on Under One Roof MTL, Robyn Flynn and LJ Aguinaga discuss the warning signs that should make homebuyers think twice before committing to a property. From troubling home inspections and financing complications to questionable seller disclosures and unexpected repair costs, we explore when it's worth negotiating and when it's better to move on. Plus, Fred Pichette and Martin Spalding explain why a great salary, excellent credit score, and substantial down payment don't necessarily guarantee mortgage approval. We'll explore how credit cards, car loans, and lines of credit can affect your borrowing power, and what you can do to improve your chances of qualifying. We're also looking at a growing concern in the mortgage industry: AI-generated documents and mortgage fraud. IN THIS EPISODE What's Happening in the Market: AI and Mortgage Fraud Artificial intelligence is making it easier than ever to create convincing financial documents, and lenders are taking notice. Why Equifax Canada is warning about AI-generated mortgage application fraud How falsified pay stubs, employment letters, and income statements can be used to misrepresent a borrower's financial situation Why declining reported fraud rates don't necessarily mean fraudulent applications are disappearing The difference between identity theft and misrepresenting your own income or debts Why lenders require extensive documentation to verify income, employment, and down payments Mortgage Professionals Canada's proposal to allow lenders to verify borrower income directly with the Canada Revenue Agency, with appropriate consent and privacy safeguards How buyers can protect themselves and prepare accurate documentation before applying for financing We also touch on the latest housing market trends, including the contrast between national and Montreal home prices, shifting buyer preferences, and the impact of bond yields on fixed mortgage rates. Real Estate: When Should You Walk Away From a Property? LJ discusses the moments when walking away from a home purchase might be the best decision you can make. How to recognize when emotional attachment is clouding your judgment Home inspection red flags that deserve serious attention When major repairs or structural concerns should make you reconsider a purchase What happens when a lender's appraisal comes in below the agreed purchase price What buyers should look for in Quebec's seller's declaration Seller behaviours that could signal trouble, including withholding information or pressuring buyers How unexpected repairs can push an already stretched budget beyond what's reasonable Distinguishing genuine warning signs from normal homebuying nerves Why it's important to understand your obligations before abandoning an accepted offer Mortgages: How Credit Cards, Car Loans, and Debt Affect Your Mortgage Approval Martin shares the story of Marie-Josée, a successful professional earning $150,000 annually, with a 790 credit score and $120,000 saved for a down payment. Despite her strong financial profile, her bank declined her mortgage application for a $650,000 home. The problem? Her existing debt obligations. Between a $950 monthly car payment, $15,000 in credit card debt, and a $20,000 personal line of credit, Marie-Josée had approximately $2,000 in monthly debt obligations under the illustrative qualifying calculations used in her case. We explore: Why a high credit score doesn't automatically mean you'll qualify for a mortgage How lenders calculate debt obligations when assessing affordability Why carrying a credit card balance can reduce your borrowing power, even if you always make your minimum payments How expensive vehicle payments can affect your ability to purchase a home Whether an unused line of credit can influence your mortgage qualification The difference between managing debt responsibly and having the capacity to take on additional debt How paying down existing balances can improve your financial position What prospective buyers should do in the six months leading up to a mortgage application The takeaway: Mortgage approval isn't just about how much money you earn. It's also about how much of that income is already committed to other financial obligations. PROPERTY OF THE WEEK This week, we're visiting a Mile-End landmark known as The Red House, located at 5742 Avenue de l'Esplanade in Montreal. This century-old property underwent a complete transformation in 2020, combining historic character with modern finishes and amenities. Highlights include: Four plus one bedrooms and three full bathrooms A chef's kitchen featuring a gas stove A beautiful ensuite with a clawfoot tub, skylight, and heated floors A dedicated gym Front and rear balconies Walk Score of 96 and Bike Score of 100 Located in one of Montreal's most vibrant neighbourhoods, this property offers a combination of architectural character, modern luxury, and exceptional walkability. Listed at $2,600,000. Contact Amanda at LJ Realties for more information. TRIVIA QUESTION OF THE WEEK Brought to you by Felix & Norton Cookies! Question: What is a declaration of co-ownership? Answer: A declaration of co-ownership is an official, notarized legal agreement that establishes and regulates a divided co-ownership (condominium) property. Visit Felix & Norton at the Blue Haven Shopping Centre, 3705 St-Jean Boulevard in DDO. GET IN TOUCH LJ Aguinaga – Real Estate 514-578-6397 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management 514-754-8443 plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

Condo or house? It's one of the biggest decisions homebuyers face, and the right answer isn't always about price. This week on Under One Roof MTL, Robyn Flynn and LJ Aguinaga break down the financial and lifestyle differences between owning a condo and a house, from maintenance costs and condo fees to freedom, flexibility and long-term resale value. Plus, Martin Spalding explains why getting approved for a mortgage involves more than having good credit and a steady income. Through the story of a homebuyer who lost his dream property because his paperwork wasn't ready, we explore the documents lenders need, how requirements differ depending on the type of mortgage, and what you can do to avoid costly delays. We also look at whether Greater Montreal is finally shifting toward a buyers' market, and what that could mean for anyone planning to buy or sell. IN THIS EPISODE What's Happening in the Market: Is Montreal Becoming a Buyers' Market? After years of bidding wars and intense competition, the Greater Montreal real estate market may finally be shifting in favour of buyers. September home sales dropped 12% compared with last year, while active listings increased by 20% Why more inventory could mean more negotiating power for buyers How long properties are taking to sell, particularly condominiums Why home prices haven't necessarily fallen despite slowing sales How rising fixed mortgage rates could offset some of the savings buyers negotiate Whether bidding wars are becoming less common and sellers are adjusting their expectations What buyers and sellers should consider over the next three to six months Real Estate: Condo vs. House, Which One Makes Sense for You? LJ walks us through the important considerations when choosing between condo ownership and a traditional house. What questions should buyers ask themselves before deciding between a condo and a house? How do the ongoing costs of ownership compare? Why understanding a condo's declaration of co-ownership and building rules is essential What condo fees actually cover, and why unusually low fees can be a warning sign How homeowners should budget for major expenses like roof replacements, foundation repairs and heating systems What buyers should consider about long-term resale value, especially if they plan to move again in five or ten years Mortgages: The Documents You Need to Get Approved Martin shares the story of David, a homebuyer who found the perfect property and had his offer accepted, only to lose the home when he couldn't provide the documentation required for mortgage approval before his financing deadline. The problem wasn't necessarily his income or credit. It was the paperwork. We discuss: Why lenders require so much documentation before approving a mortgage The importance of current employment letters, pay stubs and tax records How to properly document your down payment, including money transferred between accounts or gifted by family members Why an account balance screenshot isn't enough to establish the source of your funds Whether B-lenders require less documentation than traditional banks How documentation requirements differ for reverse mortgages and private lending Why mortgage brokers can't always rescue an application at the last minute How to organize your documents before making an offer to avoid unnecessary delays The takeaway: Having the financial means to qualify for a mortgage is only part of the equation. If your lender can't verify your information before the financing deadline, you could lose the property. PROPERTY OF THE WEEK This week's featured property is 4595–4597 Rue Quevillon in Saint-Hubert, a modern duplex built in 2017. The property features a three-bedroom upper unit and a one-bedroom basement unit, both currently occupied with leases in place. Generating nearly $50,000 in annual gross rental revenue, this fully tenanted property offers an opportunity for investors looking for a newer income property on Montreal's South Shore. Listed at $900,000. Contact LJ at LJ Realties for more information. TRIVIA QUESTION OF THE WEEK Brought to you by Felix & Norton Cookies! Question: What is a conditional offer? Answer: A conditional offer is an offer to purchase a property that depends on certain conditions being satisfied, such as obtaining financing or completing a satisfactory home inspection. Visit Felix & Norton at the Blue Haven Shopping Centre, 3705 St-Jean Boulevard in DDO. GET IN TOUCH LJ Aguinaga – Real Estate 514-578-6397 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management 514-754-8443 plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

Buying your first home is exciting, but there's a LOT that happens between deciding you're ready to buy and finally getting the keys. This week on Under One Roof MTL, Robyn Flynn and LJ Aguinaga discuss the unexpected costs, difficult decisions, and common surprises first-time homebuyers should prepare for. Plus, Martin Spalding explains the world of alternative mortgage lending, better known as B-lenders. If you've ever been turned down for a mortgage by a traditional bank, that doesn't necessarily mean homeownership is out of reach. We explore who these lenders serve, how they qualify borrowers, and why they can be particularly useful for self-employed Canadians. IN THIS EPISODE What's Happening in the Market: Fixed vs. Variable Mortgages With fixed mortgage rates climbing and variable rates becoming increasingly competitive, borrowers are facing an interesting decision. Why fixed mortgage rates are rising even without a Bank of Canada rate increase How Government of Canada bond yields influence fixed mortgage rates Why variable rates are currently attracting more attention How inflation and slowing economic growth are complicating future interest-rate decisions Why the difference between fixed and variable rates matters when choosing a mortgage How your financial circumstances and tolerance for uncertainty should factor into the decision Real Estate: Buying Your First Home, What Nobody Warns You About LJ Aguinaga walks us through some of the biggest surprises awaiting first-time buyers, beyond simply saving for a down payment. The unexpected expenses first-time buyers often forget to budget for How to establish a realistic homebuying budget What surprises buyers once they actually start visiting properties Distinguishing between must-haves and nice-to-haves What to expect when making your very first offer What happens between an accepted offer and getting the keys Common mistakes that can jeopardize a purchase LJ's biggest piece of advice for anyone preparing to buy their first home Mortgages: Understanding B-Lenders and Alternative Mortgage Financing Martin takes a deep dive into B-lenders, explaining why borrowers who don't qualify with a traditional bank may still have other financing options. Using the example of Daniel, a successful self-employed business owner whose taxable income doesn't reflect his company's actual revenue, we explore how alternative lenders can assess a mortgage application differently. What exactly is a B-lender, and how does it differ from a traditional bank or private lender? Why self-employed borrowers sometimes struggle to qualify for conventional mortgages How business bank statements and stated-income programs can help demonstrate borrowing capacity Why borrowers with bruised credit or higher debt ratios may consider alternative lending Understanding GDS (Gross Debt Service) and TDS (Total Debt Service) ratios The potential drawbacks of B-lenders, including higher interest rates, lender fees and appraisal requirements How alternative mortgage financing can sometimes help homeowners consolidate expensive debt Why a B-lender can be a temporary stepping stone toward returning to conventional financing A mortgage rejection from your bank doesn't necessarily mean you can't get a mortgage. Sometimes, a different type of lender may be able to accommodate your financial circumstances. PROPERTY OF THE WEEK This week we're heading to Unit 505 at 505 Lucien-L'Allier, a beautiful two-level condo in the heart of downtown Montreal. Featuring panoramic city views, a gas fireplace, two private balconies, and a mezzanine that can serve as a home office or guest space, this property offers downtown living with plenty of flexibility. An indoor garage is included, and the condo is just an eight-minute walk from the metro, with Griffintown, the Lachine Canal and Atwater Market nearby. Listed at $750,000. Contact Amanda at LJ Realties for more information. TRIVIA QUESTION OF THE WEEK Brought to you by Felix & Norton Cookies! Question: If your mortgage interest rate can rise or fall during your term, what type of mortgage do you have? Answer: A variable-rate mortgage. Visit Felix & Norton at the Blue Haven Shopping Centre, 3705 St-Jean Boulevard in DDO. GET IN TOUCH LJ Aguinaga – Real Estate 514-578-6397 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management 514-754-8443 plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

Housing affordability is one of the biggest issues facing Quebecers heading into the October 5 provincial election. So this week on Under One Roof MTL, we're taking a closer look at what the major parties are proposing to do about it. From tax breaks and down-payment assistance for first-time buyers to rent control, social housing, construction targets and deregulation, the parties are offering very different approaches. We break down the housing promises from the Coalition Avenir Québec, Parti Québécois, Québec solidaire, Quebec Liberal Party and Conservative Party of Quebec so you can compare them for yourself. Plus, we look at the latest mortgage and affordability headlines, including fixed rates creeping higher, variable rates becoming more competitive, and the financial pressure facing Canadian homeowners and families. In This Episode What's Happening in the Market The Bank of Canada continues to hold its key interest rate at 2.25% Why fixed mortgage rates have been creeping higher Why some variable-rate mortgages are becoming more attractive again The financial pressure higher mortgage payments are putting on homeowners The growing number of Canadian parents financially supporting their adult children Why affordability remains one of the biggest stories in housing Why Voting Matters in Quebec With Quebecers heading to the polls, we look at why provincial politics matters to homeowners, renters and prospective buyers. Housing, health care, education, taxes, infrastructure and the cost of living are all provincial issues voters are weighing. Quebec is also dealing with the economic effects of the ongoing Canada-U.S. trade dispute, including the impact on businesses, workers, investment and exports. Whatever issues matter most to you, take the time to learn about your local candidates and the parties' platforms and make your own decision at the ballot box. Quebec Election: Housing Promises by Party Housing has emerged as a major issue in this election. Here's the full party-by-party breakdown of the housing proposals discussed on this week's show: Coalition Avenir Québec (CAQ) The CAQ is focusing heavily on helping people purchase their first home while trying to make it easier to increase housing supply. Increase Quebec's homebuyer tax credit to as much as $7,000 for first-time buyers, applying to both new and existing homes Reduce red tape and speed up government approvals for housing construction Simplify some construction rules Add more affordable housing for seniors Provide additional support for people experiencing homelessness In simple terms: help first-time buyers with some of the upfront costs of homeownership while trying to get housing built faster. Parti Québécois (PQ) The PQ is also emphasizing homeownership and reducing costs for first-time buyers. Refund the Quebec sales tax on the purchase of a new home for first-time buyers, potentially representing significant savings Increase the existing first-home tax credit Reduce paperwork and speed up housing approvals Make it easier to develop prefabricated and standardized housing Introduce additional social and affordable housing measures Expand initiatives aimed at reducing homelessness In simple terms: make purchasing a new home less expensive for first-time buyers while reducing barriers to adding housing supply. Québec solidaire (QS) Québec solidaire is putting considerably more emphasis on renters, rent regulation and government-supported housing. Initially limit rent increases to inflation before introducing a stronger rent-control system Create 50,000 social and community housing units through new construction and the purchase of existing properties Offer qualifying first-time buyers a government loan of up to $50,000 toward their down payment Create a public rent registry Introduce stronger rules targeting speculation Strengthen measures involving landlords who repeatedly violate tenant protections In simple terms: stronger renter protections, substantially more non-market housing and government assistance toward the down payment for some first-time buyers. Quebec Liberal Party (PLQ) The Liberals are putting a major emphasis on significantly increasing Quebec's overall housing supply. Set a long-term target of 100,000 new homes per year Refund part of the Quebec sales tax on new homes, worth up to $10,000 in many cases Add 40,000 social and affordable housing units over five years Use incentives to encourage private investment in new housing construction Expand both market and affordable housing supply In simple terms: dramatically increase housing construction while using incentives to encourage private development and expanding social and affordable housing. Conservative Party of Quebec (PCQ) The Conservatives are focusing primarily on deregulation and reducing what they view as barriers to building housing. Simplify Quebec's Construction Code Reduce the number of regulated construction trades Make it easier for construction workers to move between trades and regions Exempt residential construction from some existing labour rules Reform parts of the landlord-tenant system Review how government housing assistance is delivered In simple terms: reduce regulation, bureaucracy and construction restrictions with the goal of making housing faster and less expensive to build. The Big Picture The parties are approaching Quebec's housing affordability problem from different directions. The CAQ and PQ are putting considerable emphasis on helping first-time buyers while reducing barriers to construction. The Liberals are emphasizing a major increase in overall housing supply, combined with incentives for private construction and additional affordable and social housing. Québec solidaire is focusing more heavily on renters, rent regulation, social housing and direct government assistance. The Conservatives are emphasizing deregulation and reducing the cost and complexity of residential construction. Different approaches to the same fundamental challenge: how to make housing more accessible and affordable for Quebecers. Property of the Week This week's featured property is 295 Rue Mazarin in Pointe-aux-Trembles, offering plenty of room for a growing or intergenerational family. The home features five bedrooms, two full bathrooms, two kitchens and two separate entrances, allowing extended family members to have their own space. It's six minutes from the EXO train and close to schools, parks and shopping. Listed at $499,900. Trivia Question of the Week Question: What is the purpose of a mortgage pre-approval? Answer: A mortgage pre-approval provides an indication of how much a lender may be willing to lend you and may include an interest-rate hold for a specified period, subject to the lender's conditions. Get in Touch LJ Aguinaga – Real Estate 514-500-4040 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

What happens when you inherit a home and suddenly have to figure out what to do with it? This week on Under One Roof MTL, LJ Aguinaga walks us through the process of selling an inherited property, from the paperwork that needs to happen first to deciding whether to renovate, repair, or simply sell the home as-is. Plus, Fred and Martin break down reverse mortgages: how they work, who they're designed for, how much equity homeowners may be able to access, and why someone might choose a reverse mortgage instead of refinancing or using a HELOC. We also explain why fixed mortgage rates are rising even though the Bank of Canada hasn't raised its key interest rate. In This Episode What's Happening in the Market: Why Are Fixed Mortgage Rates Rising? The Bank of Canada hasn't raised its key rate, but some fixed mortgage rates are moving higher. We break down why the bond market matters and what borrowers should be watching. Why fixed mortgage rates can rise without a Bank of Canada rate increase The connection between inflation, bond yields and fixed mortgage rates Why variable and fixed mortgage rates respond to different forces What rising bond yields could mean if you're buying, renewing, or refinancing Why securing a rate hold may be worth considering Why the lowest mortgage rate isn't necessarily the best mortgage Real Estate: Selling an Inherited Property Selling a home through an estate comes with some unique considerations. LJ explains what families should expect and how to avoid making an already complicated process more difficult. What needs to happen before an inherited property can be listed for sale How selling an inherited home differs from selling your own residence Whether it's worth repairing or updating an older home before putting it on the market Who makes the decisions when multiple family members inherit a property How to establish the home's market value without letting emotional attachment influence the price When selling as-is may make more sense than spending months renovating Common mistakes families make when preparing an inherited property for sale What families can do ahead of time to make the eventual process easier Mortgages: Reverse Mortgages Explained Using a real-life homeowner example, Fred and Martin take us through the basics of reverse mortgages and the situations where this type of financing may be considered. What exactly is a reverse mortgage? Who are reverse mortgages designed for? How much money can a homeowner access? What are the biggest advantages and drawbacks? Why choose a reverse mortgage instead of refinancing? How a reverse mortgage differs from using a HELOC Property of the Week This week we're heading to 1765–1767 Rue Le Caron in Côte-Saint-Paul, a well-maintained duplex that offers an opportunity to live in one unit while collecting rent from the other. The property features new windows, doors, and exterior staircases completed in 2024, a spacious private backyard, and more than $36,000 in annual revenue potential. Listed at $750,000. Trivia Question of the Week Question: What does it mean to have equity in your home? Answer: Home equity is the portion of your home's value that you own, calculated by subtracting your outstanding mortgage and other debts secured against the property from its current market value. Get in Touch LJ Aguinaga – Real Estate 514-500-4040 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

Is it ever a good idea to list your home high just to "see what happens"? This week on Under One Roof MTL, we're looking at why an ambitious asking price can backfire, how buyers react to stale listings and price drops, and why getting the price right from day one matters. Plus, tariffs, inflation and economic uncertainty are creating some big questions for Canadian homeowners. We look at what the current trade war could mean for mortgage rates and Montreal real estate, and Fred and Martin explain how refinancing your mortgage can be used to consolidate high-interest debt. In This Episode What's Happening in the Market: Tariffs, Mortgage Rates & Montreal Real Estate The trade war is no longer just about tariffs. We look at how higher costs and economic uncertainty could make their way into your mortgage and the housing market. Why homeowners with a mortgage should care about tariffs How tariffs can contribute to inflation while simultaneously slowing the economy Why economic uncertainty doesn't automatically mean mortgage rates will fall The difference between what drives variable and fixed mortgage rates What the latest Montreal housing numbers are telling us about buyers, sellers and inventory Why growing economic and employment uncertainty can cause buyers to put their plans on hold Real Estate: Pricing Your Home Right From Day One LJ Aguinaga breaks down why "testing the market" with an overly ambitious asking price can end up hurting sellers. How a realtor determines what a home is actually worth in the current market Why listing high and planning to reduce the price later can backfire Why the first week or two on the market is so important How buyers react to stale listings and multiple price reductions Whether competitive pricing can generate more interest and potentially multiple offers What happens when a seller believes their home is worth more than the comparable sales suggest When and how to correct the price if you got it wrong the first time Mortgages: Refinancing to Consolidate High-Interest Debt Could the equity in your home help you get expensive debt under control? Fred and Martin explain how mortgage refinancing for debt consolidation works and who it may make sense for. Why homeowners might consider refinancing to consolidate debt How debt consolidation through a mortgage refinance actually works Why a lower monthly payment doesn't automatically mean refinancing is the right decision The advantages of working with a mortgage broker instead of simply calling your bank Who makes a good candidate for refinancing Property of the Week This week's featured property takes us to the 19th floor of 1500 René-Lévesque Ouest in downtown Montreal. Unit 1911 features floor-to-ceiling windows with sweeping city views, a luxury kitchen, two bedrooms, two bathrooms and a heated indoor garage. Residents also have access to a rooftop terrace, heated pool, spa and gym, with the metro and downtown Montreal just steps away. Listed at $825,000. Trivia Question of the Week Question: What is the difference between a mortgage term and an amortization period? Answer: The term is the length of your current mortgage contract, while the amortization is the total amount of time planned to pay off the mortgage. Get in Touch LJ Aguinaga – Real Estate 514-500-4040 ljrealties.com @ljaguinaga | @ljrealties Plex Dr Property Management plexdr.com Fred & Martin – Mortgage Experts FredAndMartin.com Under One Roof MTL [email protected]

Thinking about tackling some exterior projects this summer? Before you spend thousands on landscaping, paving stones, or a backyard makeover, it's worth knowing which upgrades actually add value to your home—and which ones don't. This week on Under One Roof MTL, LJ Aguinaga breaks down the exterior improvements that make the biggest impact on curb appeal, resale value, and buyer interest. Plus, Fred and Martin answer another round of frequently asked mortgage questions from listeners. In This Episode: What's Happening in the Market Right Now The Bank of Canada holds interest rates steady once again What the latest rate decision means for homeowners and buyers What happens if a landlord stops making mortgage payments? Could tenants be forced out if a rental property is repossessed? Real Estate: Summer Upgrades That Actually Add Value (and the Ones That Don't) Thinking about improving your home's exterior? LJ shares where homeowners should—and shouldn't—spend their money: How driveway resurfacing, paving stones, and walkway repairs influence first impressions The landscaping upgrades that boost curb appeal without breaking the bank Whether decks, patios, pergolas, gazebos, and outdoor kitchens actually increase value Summer projects that homeowners often overspend on The best exterior improvements for homeowners working with a limited budget How outdoor spaces can help a home sell faster and stand out from the competition Mortgages: Frequently Asked Mortgage Questions Fred and Martin answer another round of listener mortgage questions, covering topics such as: Interest rates and mortgage strategy Renewals and refinancing Borrowing options in today's market Common misconceptions homeowners have about their mortgages Practical advice for navigating today's lending environment Trivia Question of the Week Question: What is a bridge loan? Answer: A bridge loan is a short-term financing solution used to bridge the gap between purchasing a new property and selling an existing one. It provides temporary access to funds until longer-term financing is in place. Get in Touch LJ Aguinaga – Real Estate 📞 514-500-4040 📱 Instagram & Social Media: @ljaguinaga | @ljrealties Plex Dr Property Management 📞 514-709-6397 Fred & Martin – Mortgage Experts 🌐 FredAndMartin.com 📧 [email protected]

Trying to buy a new home while selling your current one? It can feel like a logistical nightmare. This week on Under One Roof MTL, LJ Aguinaga shares practical strategies for coordinating a purchase and sale at the same time, from timing closing dates to using bridge financing. Plus, Fred and Martin answer some of the mortgage questions they hear most often from homeowners and buyers. In This Episode: What's Happening in the Market Right Now Canada has officially entered a technical recession for the first time since 2020 What a slowing economy could mean for home prices, interest rates, and borrowing costs Equifax reports a rise in homeowner insolvencies as more Canadians struggle with mortgage payments Why homeowners facing financial pressure should explore their options sooner rather than later Real Estate: Selling and Buying at the Same Time Without Losing Your Mind Buying and selling simultaneously is one of the most stressful situations homeowners face. LJ breaks down how to make the process manageable: The biggest mistakes homeowners make when trying to coordinate both transactions Whether it's better to sell first or buy first How to line up closing dates and avoid costly overlaps Conditions and clauses that can help protect buyers and sellers What bridge financing is and when it makes sense Common stress points and how to avoid them How to start preparing now if you're planning a move within the next year Mortgages: Frequently Asked Mortgage Questions Fred and Martin answer some of the questions they hear most often from listeners: Should you choose a fixed or variable mortgage? Is a 3-year term better than a 5-year term? Will mortgage rates come down this year? Should you renew with your current lender or shop around? Can self-employed borrowers qualify for a mortgage? How much home can you realistically afford? Trivia Question of the Week Question: What is a special assessment? Answer: A special assessment is an additional one-time fee charged to property owners to cover major unexpected expenses or capital improvements. It is most common in condos where reserve funds are insufficient to cover significant repairs. Get in Touch LJ Aguinaga – Real Estate 📞 514-500-4040 📱 Instagram & Social Media: @ljaguinaga | @ljrealties Plex Dr Property Management 📞 514-709-6397 Fred & Martin – Mortgage Experts 🌐 FredAndMartin.com 📧 [email protected]

Zillow-style estimates and online home value calculators are everywhere. But how accurate are they when it comes to determining what your home is actually worth? This week on Under One Roof MTL, LJ Aguinaga explains why online estimates often miss the mark, what truly drives a home's value, and how sellers can get a realistic picture of what their property is worth in today's Montreal market. Plus, we're joined by Marc Bissell of Castleton Finance to discuss private lending, who it's for, and how it can help homeowners and borrowers who don't fit the traditional bank model. In This Episode: What's Happening in the Market Right Now Could running a business from your home impact your mortgage or insurance? Investment in housing construction continues to decline despite Canada's housing shortage What the appointment of a new U.S. Federal Reserve Chair could mean for interest rates in Canada Real Estate: How Much Is Your Home Really Worth? Online Estimates vs Reality LJ Aguinaga breaks down the difference between online valuations and actual market value: How accurate are online home value estimates? What algorithms miss when valuing a property Why two seemingly similar homes can sell for dramatically different prices The impact of renovations, layout, natural light, parking, and overall feel The difference between assessed value, asking price, and market value The best way to determine what your home is truly worth today Special Guest: Marc Bissell, Castleton Finance What exactly is private lending, and who is it designed for? Marc Bissell, President and Owner of Castleton Finance, joins the show to explain: What private lenders do and how they differ from banks Who typically turns to private financing solutions Common misconceptions about private lending How quickly private lenders can approve and fund deals Real-world examples of borrowers helped through private financing When homeowners should consider speaking with a private lender Property of the Week 📍 LaSalle, Montreal 518-522 33e Avenue — a fully vacant triplex featuring a spacious 3-bedroom owner's unit with garage, finished basement, and backyard deck, plus two income-generating one-bedroom apartments ready for immediate occupancy. Located steps from Angrignon Park and the metro. Listed at $1,100,000. Open house from 2–4 PM. Trivia Question of the Week What is a fixed-rate mortgage? Answer: A home loan where the interest rate remains the same for the entire mortgage term. Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 Instagram & socials: @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-500-5222 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

The first few days after your home hits the market can completely shape the outcome of your sale. This week on Under One Roof MTL, LJ Aguinaga explains why the first 7–10 days of a listing are so important, what buyers are thinking when a property sits too long, and the biggest mistakes sellers make right out of the gate. Plus, Fred and Martin answer more of your frequently asked mortgage questions, including reverse mortgages, alternative lenders, and self-employed borrowing. In This Episode: What's Happening in the Market Right Now Retirees across Canada are delaying downsizing plans as the housing market softens Desjardins warns inflation could climb above 3% if tensions in the Middle East continue escalating What rising inflation could mean for interest rates and the Montreal real estate market Real Estate: The First 10 Days on Market — Why They Matter More Than You Think LJ Aguinaga explains why momentum matters when selling your home: The average amount of time homes are currently spending on the Montreal market Why the first week of a listing is often the most important The biggest mistakes sellers make during those early days How quickly sellers and agents should react if a listing isn't getting attention What buyers subconsciously think when they see a home sitting for 30, 60, or 90 days Mortgages: Frequently Asked Mortgage Questions — Part 3 Fred and Martin answer another round of listener mortgage questions: What do alternative or "B" lenders actually do? What's the biggest mistake self-employed borrowers make? How do reverse mortgages work? Can you lose your home with a reverse mortgage? Trivia Question of the Week What is the term for the legal document that outlines rules and responsibilities in a condo building? Answer: Declaration of Co-ownership Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 Instagram & socials: @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-709-6397 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

Home inspection reports can be intimidating, especially for first-time buyers. But how do you know which issues actually matter… and which ones are just part of owning a home? This week on Under One Roof MTL, LJ Aguinaga breaks down the biggest mistakes buyers make after reading an inspection report and explains which findings should truly raise concern. Plus, Fred and Martin answer another round of frequently asked mortgage questions, including refinancing, renewals, penalties, and credit scores. In This Episode: What's Happening in the Market Right Now Consumer insolvencies in Canada are now at their highest levels since 2009 Mortgage delinquency rates continue to climb as economic uncertainty grows Canada's commercial real estate market remains surprisingly strong as investors return to stable, income-generating assets Real Estate: The Inspection Report — What Actually Matters (and What Doesn't) LJ Aguinaga explains how buyers should approach inspection reports without panicking: The biggest mistake buyers make after reading an inspection report Which findings should immediately raise red flags How to separate cosmetic issues from structural or safety concerns When to renegotiate, request repairs, or walk away from a deal Common issues in older Montreal homes that may not be as serious as they sound Mortgages: Frequently Asked Mortgage Questions — Part 2 Fred and Martin answer more of the questions they hear most often from homeowners and buyers: What's the difference between renewing and refinancing a mortgage? How does your credit score affect mortgage approval? What's the difference between using a bank versus a mortgage broker? Why are mortgage penalties sometimes so expensive? Property of the Week 📍 Fabreville, Laval 3730 Rue Gaston-Miron — a stunning 2015-built two-storey home backing directly onto 50 hectares of protected woodland. Features include four bedrooms, a spa-style ensuite, two-storey atrium, fully finished basement with gym, and an inground saltwater pool. Listed at $1,050,000 through LJ Realties. Trivia Question of the Week What is the name of the document that legally transfers ownership of a residential property in Quebec? Answer: Deed of Sale (Acte de Vente) Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 Instagram & socials: @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-709-6397 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

How do you know when it's finally time to sell your investment property? This week on Under One Roof MTL, LJ Aguinaga shares the story behind selling one of his first investment properties, a 4-plex he held for nearly a decade. Plus, Fred and Martin answer some of the mortgage questions Canadians are asking most right now, from fixed vs variable rates to renewing with your bank versus shopping around. In This Episode: What's Happening in the Market Right Now The Bank of Canada warns interest rates could rise if inflation continues climbing Retirees across Canada are delaying downsizing plans as housing markets soften Why Quebec continues to behave differently than many other Canadian markets Real Estate: Knowing When It's Time to Sell Your Investment Property LJ Aguinaga opens up about recently selling one of his first investment properties, a 4-plex he owned for roughly 9 years: Why he originally bought the property The strategy behind holding it long-term Why he ultimately decided now was the right time to sell Lessons learned about investment real estate over nearly a decade of ownership What he would do differently if he could start over today Mortgages: Your Frequently Asked Questions, Answered Fred and Martin tackle some of the biggest mortgage questions Canadians are asking in 2026: Should you choose a fixed or variable mortgage rate? Is a 3-year fixed better than a 5-year fixed? Will mortgage rates go down this year? Should you renew with your current bank or shop around? Can self-employed borrowers still qualify for mortgages? How much house can you realistically afford? Trivia Question of the Week What is a closing date? Answer: The final step in a real estate transaction where ownership officially transfers from seller to buyer, funds are exchanged, and documents are signed. Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 Instagram & socials: @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-709-6397 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

Thinking about selling your home? Wondering what the process actually looks like behind the scenes? This week on Under One Roof MTL, we walk you through the real seller's journey, from pricing and prep to accepting an offer. Plus, we break down whether paying down your mortgage faster is always the smart financial move. In This Episode: What's Happening in the Market Right Now The Bank of Canada holds interest rates steady Mortgage debt is rising fastest among Canadians nearing retirement More homeowners are leveraging equity to help younger buyers, raising long-term financial considerations Real Estate: The Seller's Journey — What Selling Your Home Actually Looks Like Seller consultation, pricing strategy, and reviewing comparables Gathering documents, warranties, and setting inclusions/exclusions Decluttering and preparing the home for market Managing showings and adapting based on buyer feedback Accepting an offer after 16 days, within target price and preferred closing timeline What sets LJ Aguinaga and his team apart in a competitive market Mortgages: Paying Down Your Mortgage Faster — Smart Move or Trade-Off? Why many homeowners want to pay down their mortgage early The trade-off between prepaying your mortgage and maintaining liquidity How prepayment privileges actually work Increased scrutiny around borrowing and financial planning Practical advice for borrowers deciding where to allocate their money Property of the Week 📍 Anjou, Montreal 7421 Avenue des Halles — 1-bedroom, move-in-ready condo on the 4th floor with hardwood floors, private balcony, in-unit laundry, indoor parking, and walk-in closet. Listed at $299,000 — perfect for first-time buyers looking to stop renting. Trivia Question of the Week What is the word for the amount of money you've built up in your home as its value increases and your mortgage decreases? Answer: Equity Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 Instagram & socials: @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-709-6397 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

If your home has been sitting on the market with no offers, you're not alone… and you're not out of options. This week on Under One Roof MTL, we break down what sellers should do when a listing isn't getting traction, including how to adjust your price strategically without losing leverage. Plus, we tackle some of the most common mortgage myths that continue to confuse buyers and homeowners in 2026. In This Episode: What's Happening in the Market Right Now Inflation rises to 2.4%, driven in part by higher gas prices Housing affordability and job security are now top concerns for Canadians Many homeowners are preparing for mortgage renewals at higher rates Real Estate: What to Do If Your Home Isn't Selling How to tell if it's a pricing issue or a presentation problem The psychology behind price drops and buyer perception Whether to make one major price adjustment or multiple smaller ones When to consider pulling and re-listing a property How to reposition your home to attract new interest Mortgages: Dispelling Common Mortgage Myths "My bank will automatically give me the best renewal offer" "If you're self-employed, you can't get a mortgage" "A pre-approval guarantees financing" "Mortgage brokers only help if the bank says no" "Paying off debt always improves your approval" Property of the Week 📍 Griffintown, Montreal Two-bedroom condo with private balcony, in-unit laundry, and low condo fees ($173/month), listed at $475,000. Walk to the metro, the Lachine Canal, Atwater Market, and some of Montreal's best restaurants and cafés. Trivia Question of the Week What is the name of the tax you pay when you purchase a property in Quebec? Answer: Welcome Tax (land transfer tax), now reimbursable for some first-time homebuyers. Get in Touch: LJ Aguinaga – Real Estate 📞 514-500-4040 🌐 LJ Realties 📱 @ljaguinaga / @ljrealties Property Management (Plex Dr) 📞 514-709-6397 🌐 Plex Dr Fred & Martin – Mortgage Experts 🌐 FredAndMartin 📧 [email protected]

This week on Under One Roof, we're talking about the new initiative announced by the Quebec government to reimburse the welcome tax for first-time home buyers. Plus, LJ has some advice on whether now is the right time to buy. And, Fred and Martin break down which insurance products are mandatory, nice to have, and optional.