Homeguard Funding Ltd.
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Professional Memberships
IMBA - Independent Mortgage Brokers Association of Ontario
CIMBL - Canadian Institute of Mortgage Brokers and Lenders

Articles of Interest

Category: Library of Resources

Salability Scale

The purpose of the salability scale is to measure the overall likelihood or a home selling quickly and profitably compared with other properties on the market. A score of 80% and higher is deemed ‘saleable’ for purposes of this test.

Thirty-two ‘yes’ answers = 80%.

1. Priced at or below current listings                                      
2. 100% accessible for showing                                             
3. Assumable first mortgage                                                  
4. CMHC/GE acceptance                                                         
5. Owner financing available                                                  
6. Less than 10% down required                                           
7. Less than market interest rate available                            
8. Automatic price reduction after 45 days                              
9. Full term listing agreement                                                  
10. House/property great condition                                         
11. Odd number price, i.e., $198,885                                       
12. Lease option/trade terms                                                   
13. Extras included (lawn mower, appliances)                          
14. Home Warranty Plan                                                           
15. Without seller contingencies                                               
16. Immediate possession available                                         
17. Preappraised                                                                      
18. Preinspected - Roof/Plumbing/Termite                                
19. Home ‘Staged’ for showing                                                 
20. Obvious repairs completed pre-showing                            
21. “For Sale” sign prominently displayed                                
22. Brochure box accessible                                                     
23. Unmarked benefit/feature brochures                                 
24. Feature placards placed throughout                                  
25. Listed with MLS                                                                  
26. MLS addendum purchased                                                 
27. Accurate MLS input                                                             
28. Enthusiastic “Remarks” posted                                          
29. Inter-office preview/caravan                                              
30. Broker Open House                                                            
31. Seller absent during showing                                             
32. Top Agent notification                                                         
33. Systematic marketing plan                                                  
34. Listing Agent follow up/log                                                  
35. Buyers pre-qualified                                                            
36. Showing agent follow up/feedback                                     
37. Flexible owner                                                                     
38. Accessible owner                                                                 
39. Neighbors targeted                                                             
40. Newsletter notification                                                        

TOTAL                                                                                        



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Updated: Jul 30, 2010
Term Ours Banks
6 Month Fixed 3.60 % 5.05 %
1 Year Fixed 2.64 % 4.50 %
2 Year Fixed 3.20 % 4.75 %
3 Year Fixed 3.50 % 5.10 %
4 Year Fixed 3.89 % 5.50 %
5 Year Fixed 3.89 % 6.25 %
10 Year Fixed 5.35 % 7.35 %
5 Yr Variable 1.85 % 2.50 %
3 Yr Variable 1.80 % 2.50 %






Homeguard Funding Ltd - 83 Dawson Manor Blvd. Newmarket, ON L3X 2H5
Phone: 905.895.1777 | Toll Free: 1.800.225.1777 | Email: homeguard@homeguardfunding.com
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