WRX Blog
Category: Buyers
New Rules
If the rules are changed, it certainly is not the first time in recent memory. The new mortgage rules, introduced in January 2018, approached the changing real estate market in its own fashion. In its case, stricter rules regarding who qualifies for a mortgage – and the amount of that mortgage – were introduced, and we continue to see the effects of this change playing out.
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Pre-Flight Instructions
WRX Property Group is proudly located in Kitchener-Waterloo, and we operate primarily in Kitchener-Waterloo-Cambridge, the Waterloo Region Townships, Guelph and Wellington County. As such, we’ll be speaking with one particular airport in mind: the Region of Waterloo International Airport (though it’s worth noting there’s also a much smaller airport near Guelph).
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What Can You Negotiate For?
Although the prices of Newbuild Homes are fairly set, prospective buyers do still have some tools at their disposal. Buyers can negotiate on specific, tangible things, in addition to costs that are separate from the price of the property itself. For example, there can be room to negotiate for tweaks to the property itself: more finishes, certain sorts of upgrades. It might be possible to include something like the price of insurance, as well.
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The Most Orwellian of Years
The important, initial year for our story is 1984. IBM was still the world’s foremost computer company, but Macintosh had just aired their famous, hammer-hurling, Ridley Scott-directed “1984” commercial, proclaiming the imminent arrival of the Apple Macintosh personal computer.
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A Brief History of UW
UW’s earliest history dates back to 1911, when the Evangelical Lutheran Theological Seminary of Eastern Canada opened to students in Waterloo (and Berlin [Kitchener]). The seminary expanded in 1914 to include non-denominational courses, which were offered under the name Waterloo College School. Before we can see how this small college eventually became UW, we must first meet one of its graduates: Gerald Hagey.
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The Backstory
In the early nineteenth century, German speaking Mennonites from Pennsylvania migrated north. Some settled in the area that would go on to become Cambridge, some went further up to Waterloo, some went to the surrounding areas, and some settled in the land that would go on to become Kitchener.
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