I ’ M SELF- EMPLOYED , HOW DO I QUALIFY FOR A MORTGAGE ?
I have access to 121 lenders with a great mix of products available for all income types . This includes special programs for clients with low credit scores , low net income but high gross income as well as those less than 2 years in business . Obtaining a mortgage is easier today for self-employed and business owners provided you have good financial records . Generally , income verification will require 2 years of full tax returns , notice of assessments , 2 years of business financials if applicable and proof of business if incorporated . All sources of income will be reviewed to find the very best program to fit your needs . It is important to keep your credit protected by limiting the amount of credit you apply for in a 12 month period and ensuring all minimum payments are made while not maximizing your spending limits . - Elaine Carter , Mortgage Broker , www . elainecarter . ca
If piping in your kitchen is installed incorrectly , food waste and grease can begin to build up . Over time , this causes blockages or you may get sewer smells from your kitchen sink . Fixing this can be an expensive endeavor , requiring a complete re-pipe of the drain assemble . In some cases , this may require demolishing all or part of your kitchen . This headache and the associated costs are easily avoided by ensuring the plumbing portion of your kitchen renovation is handled by a licensed plumber who can ensure everything is installed correctly . - Kamden Holder , Wrench It Up Plumbing & Mechanical , www . wrenchitup . ca
ASK A LUXURY BUILDER : KITCHEN DESIGN
We asked Michal J . Cerny , a Toronto luxury custom home builder , to answer some of your questions about luxury kitchen designs !
WHAT MISTAKE DO YOU SEE HOMEOWNERS MAKE MOST OFTEN WHEN DESIGNING A LUXURY KITCHEN ?
Too often I see kitchens that do not offer enough working space between the counters and island . I have seen as little as 40 ” which does not give enough space to open an oven door and stand comfortably in front of it . We design our kitchens to have 54 ” all the way around the island , leaving plenty of space when two people are working together . At the very least , I would suggest 48 ”. If you have to compromise , then make a smaller island . You can get used to a slightly smaller work surface , but you will regret the tight space every day .
WHAT ARE SOME KEY THINGS THAT HOMEOWNERS SHOULD CONSIDER WHEN DESIGNING A LUXURY KITCHEN ?
Room for the family to grow ! Most families that are in the renovation / addition / new build phase of their lives are middle aged to a bit older . They may have some kids at various ages and don ’ t plan on having anymore , but their children have friends . One of their own parents may need to move in . Above all else , the kitchen is where most parties and get togethers end up happening . Make it large enough to accommodate for entertaining . - Ambassador Fine Custom Homes Inc , www . ambassadorfinecustomhomesinc . com
52 CANADIANHOMETRENDS . COM